Home
Dubai prices
About
Research
2-bed · 2,215 sqftBurj Lofts Central, Downtown Dubai · 3rd floor · completed 2009

L322, Burj Lofts Central

Sold prices and rental history: sold twice, last in June 2021, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit L322 · DLD and Ejari recordsUpdated 2 June 2021
Last soldAED 1.7M2 June 2021
Current rentAED 125K /yr10 November 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow L322

Property timeline for L322, Burj Lofts Central

What is L322 worth today?

Last sold for AED 1,700,000 in 2021

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

2 Jun 2021SoldReady
AED 1,700,000AED 767 per sqft
10 Nov 2019RentedRenewal
AED 125,000/yr12 months · AED 56 per sqft
10 Nov 2018RentedRenewal
AED 135,000/yr12 months · AED 61 per sqft
10 Nov 2017RentedNew contract
AED 145,000/yr12 months · AED 65 per sqft
10 Oct 2016RentedRenewal
AED 168,000/yr12 months · AED 76 per sqft
10 Oct 2015RentedNew contract
AED 168,000/yr12 months · AED 76 per sqft
3 Sep 2013RentedNew contract
AED 128,000/yr12 months · AED 58 per sqft
2 Sep 2012RentedNew contract
AED 128,000/yr12 months · AED 75 per sqft

Source: Dubai Land Department. Updated 2 June 2021.

Key facts

Type
2-bed apartment
Size
2,215 sqft
Floor
3rd of 26
Parking
P - 32
Developer
Emaar
Completed
2009
Service charge
AED 46,500 /yr
Last sold
AED 1.7M · June 2021
Building
Burj Lofts Central

About L322, Burj Lofts Central

L322 is a two-bedroom apartment of 2,215 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 2 June 2021 for AED 1,700,000, or AED 767 per sqft, 15% below the AED 899 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 7 Ejari contracts. The current contract, renewed on 10 November 2019, is AED 125,000 a year: a gross yield of 7.3% on the 2021 price, before the service charge of about AED 46,500 a year.

Sales and rents for L322 over time

Sales
Unit L322, each saleTypical two-bed in Burj Lofts Central
1M2M3M2010201520202025Typical sale price by year: 2010 AED 2,070,888; 2011 AED 1,735,929; 2012 AED 1,850,000; 2013 AED 2,425,000; 2014 AED 3,150,000; 2015 AED 2,797,500; 2019 AED 1,650,000; 2020 AED 1,334,000; 2021 AED 1,600,000; 2022 AED 2,250,000; 2023 AED 2,500,000; 2024 AED 2,590,000; 2025 AED 3,000,000; 2026 AED 3,200,000Sold by developer, May 2010: AED 2,147,888 (AED 1,261 per sqft)Sold, June 2021: AED 1,700,000 (AED 767 per sqft)

L322 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit L322, each contractTypical two-bed in Burj Lofts Central
100K150K2012201620202024Typical rent by year: 2012 AED 129,000; 2013 AED 140,000; 2014 AED 154,675; 2015 AED 165,000; 2016 AED 165,000; 2017 AED 150,000; 2018 AED 135,000; 2019 AED 125,000; 2020 AED 95,000; 2021 AED 100,000; 2022 AED 120,000; 2023 AED 142,409; 2024 AED 150,000; 2025 AED 165,000; 2026 AED 160,000New contract, September 2012: AED 128,000 a yearNew contract, September 2013: AED 128,000 a yearNew contract, October 2015: AED 168,000 a yearRenewal, October 2016: AED 168,000 a yearNew contract, November 2017: AED 145,000 a yearRenewal, November 2018: AED 135,000 a yearRenewal, November 2019: AED 125,000 a year

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

2-beds in Burj Lofts Central, and where L322 sits

All 72 2-beds →

L322 last sold in June 2021 at AED 767 per sqft, 15% below what two-beds in Burj Lofts Central were fetching at the time (AED 899). Over the last 12 months two-beds sold for AED 2,750,000 to 4,350,000, around AED 2,272 per sqft, and rent for AED 121,500 to 276,000 a year. L322's AED 125,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
11 Sep 20263,200,000
6 Feb 20263,650,000
19 Jan 20262,750,000
15 Dec 20254,350,000
4 2-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

L322, Burj Lofts Central in numbers

  • Sold twice: first on 17 May 2010 for AED 2,147,888, last on 2 June 2021 for AED 1,700,000 (AED 767 per sqft).
  • Rented since September 2012 on 7 Ejari contracts, from AED 128,000 to AED 125,000 a year.
  • At AED 125,000 a year the gross yield on the 2021 price is 7.3%, before a service charge of about AED 46,500 a year (AED 21.00 per sqft).
  • Two-beds in Burj Lofts Central sold for AED 2,750,000–4,350,000 in the 12 months to November 2026; the building's median across all types is AED 2,030 per sqft.

Source: Dubai Land Department. Updated 2 June 2021.

Questions about L322, Burj Lofts Central

What did unit L322 last sell for?

AED 1,700,000 on 2 June 2021: AED 767 per sqft for 2,215 sqft. The unit has 2 registered sales; the first was AED 2,147,888 in May 2010.

What is the rent for unit L322?

AED 125,000 a year on the contract renewed on 10 November 2019. The previous contract, from November 2018, was AED 135,000; the unit has been rented since September 2012.

How big is unit L322?

2,215 sqft (205.8 sqm): a two-bedroom apartment on the 3rd floor of a 26-storey tower completed in 2009.

What is unit L322 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Burj Lofts Central sold for AED 2,750,000 to 4,350,000 in the last 12 months, around AED 2,272 per sqft.

Selling L322? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on L322, Burj Lofts Central

Starts from the last sale price (AED 1.7M, 2 June 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,700,000
Deposit, UAE resident (20%)
AED 340,000
Deposit, non-resident (40%)
AED 680,000
Monthly over 25 years at 3.7%
AED 6,955

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