1406, Burj Lofts East
Sold prices and rental history: sold 4 times, last in August 2023, 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 1406, Burj Lofts East
What is 1406 worth today?
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Source: Dubai Land Department. Updated 22 August 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 745 sqft
- Floor
- 14th of 30
- Parking
- B3 - 3113
- Developer
- Emaar
- Completed
- 2009
- Service charge
- AED 15,600 /yr
- Last sold
- AED 1.83M · August 2023
- Building
- Burj Lofts East
About 1406, Burj Lofts East
1406 is a one-bedroom apartment of 745 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 August 2023 for AED 1,825,000, or AED 2,449 per sqft, 65% above the AED 1,481 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, signed on 20 June 2021, is AED 63,000 a year: a gross yield of 3.5% on the 2023 price, before the service charge of about AED 15,600 a year.
Sales and rents for 1406 over time
1406 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 East, and where 1406 sits
All 84 1-beds →1406 last sold in August 2023 at AED 2,449 per sqft, 65% above what one-beds in Burj Lofts East were fetching at the time (AED 1,481). 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. 1406's AED 63,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 13 Oct 202613 October 2026 | 884 sqft | 1,613,525 | 1,824 | ||
| 5 Oct 20265 October 2026 | 916 sqft | 1,429,415 | 1,561 | ||
| 16 Sep 202616 September 2026 | 884 sqft | 2,000,000 | 2,262 | ||
| 24 Jul 202624 July 2026 | 874 sqft | 3,778 | 4 |
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 | |||||
|---|---|---|---|---|---|
| 1401 | 2-bed | 649 sqft | AED 949KAED 948,960 · Dec 2022December 2022 | 118,588 /yr | |
| 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, Burj Lofts East in numbers
- Sold 4 times: first on 12 May 2010 for AED 1,236,888, last on 22 August 2023 for AED 1,825,000 (AED 2,449 per sqft).
- Rented since June 2014 on 6 Ejari contracts, from AED 120,000 to AED 63,000 a year.
- At AED 63,000 a year the gross yield on the 2023 price is 3.5%, before a service charge of about AED 15,600 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 22 August 2023.
Questions about 1406, Burj Lofts East
What did unit 1406 last sell for?
AED 1,825,000 on 22 August 2023: AED 2,449 per sqft for 745 sqft. The unit has 4 registered sales; the first was AED 1,236,888 in May 2010.
What is the rent for unit 1406?
AED 63,000 a year on the contract signed on 20 June 2021. The previous contract, from November 2019, was AED 70,000; the unit has been rented since June 2014.
How big is unit 1406?
745 sqft (69.2 sqm): a one-bedroom apartment on the 14th floor of a 30-storey tower completed in 2009.
What is unit 1406 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 1406, Burj Lofts East
Starts from the last sale price (AED 1.83M, 22 August 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,825,000
- Deposit, UAE resident (20%)
- AED 365,000
- Deposit, non-resident (40%)
- AED 730,000
- Monthly over 25 years at 3.7%
- AED 7,467
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →