L401, Burj Lofts Central
Sold prices and rental history: sold 4 times, last in July 2024, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for L401, Burj Lofts Central
What is L401 worth today?
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Source: Dubai Land Department. Updated 29 July 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 831 sqft
- Floor
- 4th of 26
- Parking
- B2 - 2004
- Developer
- Emaar
- Completed
- 2009
- Service charge
- AED 17,500 /yr
- Last sold
- AED 1.45M · July 2024
- Building
- Burj Lofts Central
About L401, Burj Lofts Central
L401 is a one-bedroom apartment of 831 sqft on the 4th floor of Burj Lofts Central, a 26-storey tower in Downtown Dubai completed in 2009 by Emaar. It last sold on 29 July 2024 for AED 1,450,000, or AED 1,744 per sqft, in line with the AED 1,772 one-beds in the building were fetching at the time.
It has been rented since 2013 on 3 Ejari contracts. The current contract, signed on 20 August 2017, is AED 90,000 a year: a gross yield of 6.2% on the 2024 price, before the service charge of about AED 17,500 a year.
Sales and rents for L401 over time
L401 has sold 4 times; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Burj Lofts Central, and where L401 sits
All 233 1-beds →L401 last sold in July 2024 at AED 1,744 per sqft, in line with what one-beds in Burj Lofts Central were fetching at the time (AED 1,772). Over the last 12 months one-beds sold for AED 1,360,000 to 2,300,000, around AED 1,989 per sqft, and rent for AED 59,839 to 230,000 a year. L401's AED 90,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 22 Oct 202622 October 2026 | 820 sqft | 1,650,000 | 2,013 | ||
| 2 Oct 20262 October 2026 | 870 sqft | 1,740,000 | 1,998 | ||
| 13 Aug 202613 August 2026 | 687 sqft | 1,360,000 | 1,980 | ||
| 7 Aug 20267 August 2026 | 827 sqft | 50,196 | 60 |
Burj Lofts Central
Building321 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%
Other units on the 4th floor
All 321 units in Burj Lofts Central| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 870 sqft | AED 1.19MAED 1,185,000 · Nov 2021November 2021 | 115,000 /yr | |
| 402 | 2-bed | 1,333 sqft | AED 2.5MAED 2,500,000 · Dec 2015December 2015 | 130,000 /yr | |
| 403 | 2-bed | 1,416 sqft | AED 3.1MAED 3,100,000 · Feb 2014February 2014 | ||
| 404 | 1-bed | 1,011 sqft | AED 1.21MAED 1,213,888 · Dec 2010December 2010 | 99,000 /yr | |
| 405 | 1-bed | 690 sqft | AED 1.3MAED 1,295,888 · Jun 2010June 2010 | 100,000 /yr | |
| 406 | 1-bed | 896 sqft | AED 566KAED 565,944 · Oct 2010October 2010 | 88,550 /yr | |
| L402 | 1-bed | 1,036 sqft | AED 1.5MAED 1,500,000 · Nov 2022November 2022 | 59,839 /yr | |
| L403 | 2-bed | 1,534 sqft | AED 2.5MAED 2,500,000 · Dec 2023December 2023 | ||
| L404 | 1-bed | 936 sqft | AED 1.58MAED 1,575,000 · Nov 2022November 2022 | 115,000 /yr | |
| L405 | Penthouse | 632 sqft | AED 1MAED 1,000,000 · Jun 2023June 2023 | 118,000 /yr | |
| L406 | Penthouse | 572 sqft | AED 1.08MAED 1,080,000 · Dec 2023December 2023 | 110,000 /yr |
L401, Burj Lofts Central in numbers
- Sold 4 times: first on 11 December 2012 for AED 1,086,888, last on 29 July 2024 for AED 1,450,000 (AED 1,744 per sqft).
- Rented since January 2013 on 3 Ejari contracts. The rent fell from AED 90,000 to AED 35,000 in 2014 and recovered to AED 90,000 by August 2017.
- At AED 90,000 a year the gross yield on the 2024 price is 6.2%, before a service charge of about AED 17,500 a year (AED 21.00 per sqft).
- One-beds in Burj Lofts Central sold for AED 1,360,000–2,300,000 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 29 July 2024.
Questions about L401, Burj Lofts Central
What did unit L401 last sell for?
AED 1,450,000 on 29 July 2024: AED 1,744 per sqft for 831 sqft. The unit has 4 registered sales; the first was AED 1,086,888 in December 2012.
What is the rent for unit L401?
AED 90,000 a year on the contract signed on 20 August 2017. The previous contract, from January 2014, was AED 35,000; the unit has been rented since January 2013.
How big is unit L401?
831 sqft (77.2 sqm): a one-bedroom apartment on the 4th floor of a 26-storey tower completed in 2009.
What is unit L401 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Burj Lofts Central sold for AED 1,360,000 to 2,300,000 in the last 12 months, around AED 1,989 per sqft.
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Mortgage on L401, Burj Lofts Central
Starts from the last sale price (AED 1.45M, 29 July 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,450,000
- Deposit, UAE resident (20%)
- AED 290,000
- Deposit, non-resident (40%)
- AED 580,000
- Monthly over 25 years at 3.7%
- AED 5,932
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →