1401, Burj Lofts East
Sold prices and rental history: sold twice, last in December 2022, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1401, Burj Lofts East
What is 1401 worth today?
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Source: Dubai Land Department. Updated 15 October 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 649 sqft
- Floor
- 14th of 30
- Parking
- P - 41
- Developer
- Emaar
- Completed
- 2009
- Service charge
- AED 13,600 /yr
- Last sold
- AED 949K · December 2022
- Building
- Burj Lofts East
About 1401, Burj Lofts East
1401 is a two-bedroom apartment of 649 sqft on the 14th floor of Burj Lofts East, a 30-storey tower in Downtown Dubai completed in 2009 by Emaar. It last sold on 29 December 2022 for AED 948,960, or AED 1,463 per sqft, 5% above the AED 1,396 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, renewed on 15 October 2024, is AED 118,588 a year: a gross yield of 12.5% on the 2022 price, before the service charge of about AED 13,600 a year.
Sales and rents for 1401 over time
1401 has sold twice; the dashed line is the two-bed median of each year in the building.
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 East, and where 1401 sits
All 87 2-beds →1401 last sold in December 2022 at AED 1,463 per sqft, 5% above what two-beds in Burj Lofts East were fetching at the time (AED 1,396). Over the last 12 months two-beds sold for AED 2,196,547 to 2,900,000, around AED 1,984 per sqft, and rent for AED 65,000 to 250,000 a year. 1401's AED 118,588 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 21 Sep 202621 September 2026 | 1,241 sqft | 2,196,547 | 1,769 | ||
| 14 Sep 202614 September 2026 | 1,433 sqft | 2,260,213 | 1,576 | ||
| 27 Aug 202627 August 2026 | 1,297 sqft | 2,800,000 | 2,158 | ||
| 19 Aug 202619 August 2026 | 1,241 sqft | 2,500,000 | 2,014 |
Burj Lofts East
Building172 apartments, 1-bed to 3-bed over 30 floors in Downtown Dubai, completed in 2009 by Emaar. 17 sold in the last 12 months.
- Typical price per sqft
- AED 1,953 Down 7.3%
- Typical sale
- AED 2.45M
- Typical rent
- AED 115K /yr
- Typical yield
- 6.2%
Other units on the 14th floor
All 172 units in Burj Lofts East| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1402 | 2-bed | 1,433 sqft | AED 1.27MAED 1,274,444 · Aug 2010August 2010 | ||
| 1403 | 2-bed | 1,241 sqft | AED 2MAED 2,000,000 · Apr 2018April 2018 | 115,000 /yr | |
| 1404 | 1-bed | 884 sqft | AED 1.47MAED 1,470,000 · Sep 2013September 2013 | 90,000 /yr | |
| 1405 | 1-bed | 916 sqft | AED 1.12MAED 1,120,000 · Jul 2022July 2022 | 110,000 /yr | |
| 1406 | 1-bed | 745 sqft | AED 1.83MAED 1,825,000 · Aug 2023August 2023 | 63,000 /yr |
1401, Burj Lofts East in numbers
- Sold twice: first on 7 June 2010 for AED 2,286,888, last on 29 December 2022 for AED 948,960 (AED 1,463 per sqft).
- Rented since April 2014 on 11 Ejari contracts. The rent fell from AED 126,500 to AED 90,000 in 2021 and recovered to AED 118,588 by October 2024.
- At AED 118,588 a year the gross yield on the 2022 price is 12.5%, before a service charge of about AED 13,600 a year (AED 21.00 per sqft).
- Two-beds in Burj Lofts East sold for AED 2,196,547–2,900,000 in the 12 months to November 2026; the building's median across all types is AED 1,953 per sqft.
Source: Dubai Land Department. Updated 15 October 2024.
Questions about 1401, Burj Lofts East
What did unit 1401 last sell for?
AED 948,960 on 29 December 2022: AED 1,463 per sqft for 649 sqft. The unit has 2 registered sales; the first was AED 2,286,888 in June 2010.
What is the rent for unit 1401?
AED 118,588 a year on the contract renewed on 15 October 2024. The previous contract, from October 2023, was AED 119,025; the unit has been rented since April 2014.
How big is unit 1401?
649 sqft (60.3 sqm): a two-bedroom apartment on the 14th floor of a 30-storey tower completed in 2009.
What is unit 1401 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 East sold for AED 2,196,547 to 2,900,000 in the last 12 months, around AED 1,984 per sqft.
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Mortgage on 1401, Burj Lofts East
Starts from the last sale price (AED 949K, 29 December 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 948,960
- Deposit, UAE resident (20%)
- AED 189,792
- Deposit, non-resident (40%)
- AED 379,584
- Monthly over 25 years at 3.7%
- AED 3,882
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →