3-bed · 2,300 sqftBurj Lofts Central, Downtown Dubai · 3rd floor · completed 2009

L317, Burj Lofts Central

Sold prices and rental history: sold twice, last in February 2014, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit L317 · DLD and Ejari recordsUpdated 1 February 2024
Last soldAED 3.9M11 February 2014
Current rentAED 160K /yr1 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for L317, Burj Lofts Central

What is L317 worth today?

Last sold for AED 3,900,000 in 2014

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1 Feb 2024RentedRenewal
AED 160,000/yr12 months · AED 69 per sqft
1 Feb 2023RentedRenewal
AED 150,000/yr12 months · AED 65 per sqft
1 Feb 2022RentedRenewal
AED 145,000/yr12 months · AED 63 per sqft
1 Feb 2021RentedRenewal
AED 145,000/yr12 months · AED 63 per sqft
1 Feb 2020RentedNew contract
AED 145,000/yr12 months · AED 63 per sqft
1 Sep 2018RentedNew contract
AED 170,000/yr12 months · AED 74 per sqft
15 May 2015RentedNew contract
AED 180,000/yr12 months · AED 78 per sqft
11 Feb 2014SoldReady
AED 3,900,000AED 1,695 per sqft

Source: Dubai Land Department. Updated 1 February 2024.

Key facts

Type
3-bed apartment
Size
2,300 sqft
Floor
3rd of 26
Parking
P - 26 & P - 27
Developer
Emaar
Completed
2009
Service charge
AED 48,300 /yr
Last sold
AED 3.9M · February 2014

About L317, Burj Lofts Central

L317 is a three-bedroom apartment of 2,300 sqft on the 3rd floor of Burj Lofts Central, a 26-storey tower in Downtown Dubai completed in 2009 by Emaar. It last sold on 11 February 2014 for AED 3,900,000, or AED 1,695 per sqft, 145% above the AED 692 three-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, renewed on 1 February 2024, is AED 160,000 a year: a gross yield of 4.1% on the 2014 price, before the service charge of about AED 48,300 a year.

Sales and rents for L317 over time

Rents
Unit L317, each contractTypical three-bed in Burj Lofts Central
140K160K180K2015201820212024Typical rent by year: 2021 AED 145,000; 2022 AED 145,000New contract, May 2015: AED 180,000 a yearNew contract, September 2018: AED 170,000 a yearNew contract, February 2020: AED 145,000 a yearRenewal, February 2021: AED 145,000 a yearRenewal, February 2022: AED 145,000 a yearRenewal, February 2023: AED 150,000 a yearRenewal, February 2024: AED 160,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Burj Lofts Central, and where L317 sits

All 6 3-beds →

L317 last sold in February 2014 at AED 1,695 per sqft, 145% above what three-beds in Burj Lofts Central were fetching at the time (AED 692).

Recent 3-bed salesUnit no.Price (AED)Summary
20 Aug 20202,650,000
15 Feb 20184,500,000
3 Oct 20132,595,888
10 Jul 20132,551,888
0 3-bed sales in the last 12 months

Burj Lofts Central

Building

321 apartments, studios to 3-bed over 26 floors in Downtown Dubai, completed in 2009 by Emaar. 18 sold in the last 12 months.

Typical price per sqft
AED 2,030 Up 0.5%
Typical sale
AED 1.73M
Typical rent
AED 105K /yr
Typical yield
5.8%
Burj Lofts Central, Downtown Dubai: prices, sales and rents →

Other units on the 3rd floor

All 321 units in Burj Lofts Central
Value
3011-bedAED 1.4M · Jul 2023
3022-bedAED 2.75M · Jan 2026
3032-bedAED 2.35M · May 2013
3041-bedAED 1.21M · Apr 2010
3051-bedAED 1.05M · Jun 2023
3061-bedAED 1.6M · Jun 2016
L3013-bedAED 2.55M · Jul 2013
1–7 of 58

L317, Burj Lofts Central in numbers

  • Sold twice: first on 13 April 2011 for AED 2,232,888, last on 11 February 2014 for AED 3,900,000 (AED 1,695 per sqft).
  • Rented since May 2015 on 7 Ejari contracts. The rent fell from AED 180,000 to AED 145,000 in 2022 and recovered to AED 160,000 by February 2024.
  • At AED 160,000 a year the gross yield on the 2014 price is 4.1%, before a service charge of about AED 48,300 a year (AED 21.00 per sqft).

Source: Dubai Land Department. Updated 1 February 2024.

Questions about L317, Burj Lofts Central

What did unit L317 last sell for?

AED 3,900,000 on 11 February 2014: AED 1,695 per sqft for 2,300 sqft. The unit has 2 registered sales; the first was AED 2,232,888 in April 2011.

What is the rent for unit L317?

AED 160,000 a year on the contract renewed on 1 February 2024. The previous contract, from February 2023, was AED 150,000; the unit has been rented since May 2015.

How big is unit L317?

2,300 sqft (213.7 sqm): a three-bedroom apartment on the 3rd floor of a 26-storey tower completed in 2009.

What is unit L317 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on L317, Burj Lofts Central

Starts from the last sale price (AED 3.9M, 11 February 2014). Switch to today's estimate once you have unlocked it.
Price
AED 3,900,000
Deposit, UAE resident (20%)
AED 780,000
Deposit, non-resident (40%)
AED 1,560,000
Monthly over 25 years at 3.7%
AED 15,956

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →