1603, Burj Lofts East
Sold prices and rental history: sold 3 times, last in December 2023, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1603, Burj Lofts East
What is 1603 worth today?
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Source: Dubai Land Department. Updated 15 January 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,241 sqft
- Floor
- 16th of 30
- Parking
- B1 - 1181
- Developer
- Emaar
- Completed
- 2009
- Service charge
- AED 26,100 /yr
- Last sold
- AED 2.43M · December 2023
- Building
- Burj Lofts East
About 1603, Burj Lofts East
1603 is a two-bedroom apartment of 1,241 sqft on the 16th floor of Burj Lofts East, a 30-storey tower in Downtown Dubai completed in 2009 by Emaar. It last sold on 11 December 2023 for AED 2,425,000, or AED 1,953 per sqft, 13% above the AED 1,722 two-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 5 Ejari contracts. The current contract, renewed on 15 January 2025, is AED 100,000 a year: a gross yield of 4.1% on the 2023 price, before the service charge of about AED 26,100 a year.
Sales and rents for 1603 over time
1603 has sold 3 times; 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 1603 sits
All 87 2-beds →1603 last sold in December 2023 at AED 1,953 per sqft, 13% above what two-beds in Burj Lofts East were fetching at the time (AED 1,722). 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. 1603's AED 100,000 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 16th floor
All 172 units in Burj Lofts East| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 2-bed | 1,297 sqft | AED 2.31MAED 2,306,888 · Jun 2010June 2010 | 140,000 /yr | |
| 1602 | 2-bed | 1,433 sqft | AED 2.95MAED 2,950,000 · Jul 2025July 2025 | 120,000 /yr | |
| 1604 | 1-bed | 884 sqft | AED 2.1MAED 2,100,000 · Jun 2025June 2025 | 60,000 /yr | |
| 1605 | 1-bed | 916 sqft | AED 1.4MAED 1,400,000 · Apr 2022April 2022 | 96,000 /yr | |
| 1606 | 1-bed | 745 sqft | AED 1.08MAED 1,078,000 · Apr 2010April 2010 | 110,000 /yr |
1603, Burj Lofts East in numbers
- Sold 3 times: first on 12 May 2010 for AED 1,958,888, last on 11 December 2023 for AED 2,425,000 (AED 1,953 per sqft).
- Rented since December 2012 on 5 Ejari contracts, from AED 102,000 to AED 100,000 a year.
- At AED 100,000 a year the gross yield on the 2023 price is 4.1%, before a service charge of about AED 26,100 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 January 2025.
Questions about 1603, Burj Lofts East
What did unit 1603 last sell for?
AED 2,425,000 on 11 December 2023: AED 1,953 per sqft for 1,241 sqft. The unit has 3 registered sales; the first was AED 1,958,888 in May 2010.
What is the rent for unit 1603?
AED 100,000 a year on the contract renewed on 15 January 2025. The previous contract, from January 2025, was AED 100,000; the unit has been rented since December 2012.
How big is unit 1603?
1,241 sqft (115.3 sqm): a two-bedroom apartment on the 16th floor of a 30-storey tower completed in 2009.
What is unit 1603 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 1603, Burj Lofts East
Starts from the last sale price (AED 2.43M, 11 December 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,425,000
- Deposit, UAE resident (20%)
- AED 485,000
- Deposit, non-resident (40%)
- AED 970,000
- Monthly over 25 years at 3.7%
- AED 9,921
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →