1-bed · 884 sqftBurj Lofts East, Downtown Dubai · 14th floor · completed 2009

1404, Burj Lofts East

Sold prices and rental history: sold twice, last in September 2013, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1404 · DLD and Ejari recordsUpdated 12 June 2017
Last soldAED 1.47M22 September 2013
Current rentAED 90K /yr12 June 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1404, Burj Lofts East

What is 1404 worth today?

Last sold for AED 1,470,000 in 2013

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12 Jun 2017RentedNew contract
AED 90,000/yr12 months · AED 102 per sqft
16 Feb 2016RentedNew contract
AED 115,000/yr12 months · AED 130 per sqft
22 Sep 2013SoldReady
AED 1,470,000AED 1,662 per sqft
12 Sep 2013Sold by developerReady
AED 1,293,888AED 1,463 per sqft

Source: Dubai Land Department. Updated 12 June 2017.

Key facts

Type
1-bed apartment
Size
884 sqft
Floor
14th of 30
Parking
B2 - 2113
Developer
Emaar
Completed
2009
Service charge
AED 18,600 /yr
Last sold
AED 1.47M · September 2013

About 1404, Burj Lofts East

1404 is a one-bedroom apartment of 884 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 22 September 2013 for AED 1,470,000, or AED 1,662 per sqft, 8% above the AED 1,537 one-beds in the building were fetching at the time.

It has been rented since 2016 on 2 Ejari contracts. The current contract, signed on 12 June 2017, is AED 90,000 a year: a gross yield of 6.1% on the 2013 price, before the service charge of about AED 18,600 a year.

Sales and rents for 1404 over time

Sales
Unit 1404, each saleTypical one-bed in Burj Lofts East
1M1.5M2M2010201520202025Typical sale price by year: 2010 AED 1,230,888; 2011 AED 1,290,888; 2012 AED 819,222; 2013 AED 1,301,944; 2014 AED 1,775,000; 2015 AED 1,345,000; 2016 AED 1,500,000; 2017 AED 1,415,000; 2018 AED 1,274,944; 2019 AED 950,000; 2020 AED 925,000; 2021 AED 1,057,500; 2022 AED 1,275,000; 2023 AED 1,305,000; 2024 AED 1,638,000; 2025 AED 1,870,000; 2026 AED 1,600,000Sold, September 2013: AED 1,470,000 (AED 1,662 per sqft)Sold by developer, September 2013: AED 1,293,888 (AED 1,463 per sqft)

1404 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1404, each contractTypical one-bed in Burj Lofts East
75K100K2012201620202024Typical rent by year: 2012 AED 75,000; 2013 AED 80,154; 2014 AED 105,000; 2015 AED 110,000; 2016 AED 110,000; 2017 AED 95,500; 2018 AED 89,519; 2019 AED 82,000; 2020 AED 70,000; 2021 AED 67,461; 2022 AED 76,500; 2023 AED 90,000; 2024 AED 98,375; 2025 AED 105,000; 2026 AED 105,000New contract, February 2016: AED 115,000 a yearNew contract, June 2017: AED 90,000 a year

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 East, and where 1404 sits

All 84 1-beds →

1404 last sold in September 2013 at AED 1,662 per sqft, 8% above what one-beds in Burj Lofts East were fetching at the time (AED 1,537). Over the last 12 months one-beds sold for AED 500,000 to 2,000,000, around AED 1,824 per sqft, and rent for AED 72,000 to 140,000 a year. 1404's AED 90,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
13 Oct 20261,613,525
5 Oct 20261,429,415
16 Sep 20262,000,000
24 Jul 20263,778
7 1-bed sales in the last 12 months

Burj Lofts East

Building

172 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%
Burj Lofts East, Downtown Dubai: prices, sales and rents →

Other units on the 14th floor

All 172 units in Burj Lofts East
Value
14012-bedAED 949K · Dec 2022
14022-bedAED 1.27M · Aug 2010
14032-bedAED 2M · Apr 2018
14051-bedAED 1.12M · Jul 2022
14061-bedAED 1.83M · Aug 2023

1404, Burj Lofts East in numbers

  • Sold twice: first on 12 September 2013 for AED 1,293,888, last on 22 September 2013 for AED 1,470,000 (AED 1,662 per sqft).
  • Rented since February 2016 on 2 Ejari contracts, from AED 115,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2013 price is 6.1%, before a service charge of about AED 18,600 a year (AED 21.00 per sqft).
  • One-beds in Burj Lofts East sold for AED 500,000–2,000,000 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 12 June 2017.

Questions about 1404, Burj Lofts East

What did unit 1404 last sell for?

AED 1,470,000 on 22 September 2013: AED 1,662 per sqft for 884 sqft. The unit has 2 registered sales; the first was AED 1,293,888 in September 2013.

What is the rent for unit 1404?

AED 90,000 a year on the contract signed on 12 June 2017. The previous contract, from February 2016, was AED 115,000.

How big is unit 1404?

884 sqft (82.1 sqm): a one-bedroom apartment on the 14th floor of a 30-storey tower completed in 2009.

What is unit 1404 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 East sold for AED 500,000 to 2,000,000 in the last 12 months, around AED 1,824 per sqft.

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Mortgage on 1404, Burj Lofts East

Starts from the last sale price (AED 1.47M, 22 September 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,470,000
Deposit, UAE resident (20%)
AED 294,000
Deposit, non-resident (40%)
AED 588,000
Monthly over 25 years at 3.7%
AED 6,014

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