1-bed · 916 sqftBurj Lofts East, Downtown Dubai · 16th floor · completed 2009

1605, Burj Lofts East

Sold prices and rental history: sold 4 times, last in April 2022, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1605 · DLD and Ejari recordsUpdated 5 July 2023
Last soldAED 1.4M12 April 2022
Current rentAED 96K /yr5 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1605, Burj Lofts East

What is 1605 worth today?

Last sold for AED 1,400,000 in 2022

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5 Jul 2023RentedRenewal
AED 96,000/yr12 months · AED 105 per sqft
5 Jul 2022RentedNew contract
AED 90,000/yr12 months · AED 98 per sqft
12 Apr 2022SoldReady
AED 1,400,000AED 1,528 per sqft
28 Feb 2022RentedNew contract
AED 90,000/yr12 months · AED 98 per sqft
14 Oct 2021RentedNew contract
AED 90,000/yr12 months · AED 98 per sqft
1 Feb 2018SoldReady
AED 1,400,000AED 1,528 per sqft
1 Jun 2017RentedNew contract
AED 95,000/yr12 months · AED 104 per sqft
27 Apr 2015RentedNew contract
AED 105,000/yr12 months · AED 115 per sqft

Source: Dubai Land Department. Updated 5 July 2023.

Key facts

Type
1-bed apartment
Size
916 sqft
Floor
16th of 30
Parking
B2 - 2187
Developer
Emaar
Completed
2009
Service charge
AED 19,200 /yr
Last sold
AED 1.4M · April 2022

About 1605, Burj Lofts East

1605 is a one-bedroom apartment of 916 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 12 April 2022 for AED 1,400,000, or AED 1,528 per sqft, 17% above the AED 1,303 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, renewed on 5 July 2023, is AED 96,000 a year: a gross yield of 6.9% on the 2022 price, before the service charge of about AED 19,200 a year.

Sales and rents for 1605 over time

Sales
Unit 1605, 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 by developer, October 2012: AED 1,427,888 (AED 1,559 per sqft)Sold, November 2012: AED 1,200,000 (AED 1,310 per sqft)Sold, February 2018: AED 1,400,000 (AED 1,528 per sqft)Sold, April 2022: AED 1,400,000 (AED 1,528 per sqft)

1605 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1605, each contractTypical one-bed in Burj Lofts East
60K80K100K2012201620202024Typical 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, April 2014: AED 110,000 a yearNew contract, April 2015: AED 105,000 a yearNew contract, June 2017: AED 95,000 a yearNew contract, October 2021: AED 90,000 a yearNew contract, February 2022: AED 90,000 a yearNew contract, July 2022: AED 90,000 a yearRenewal, July 2023: AED 96,000 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 1605 sits

All 84 1-beds →

1605 last sold in April 2022 at AED 1,528 per sqft, 17% above what one-beds in Burj Lofts East were fetching at the time (AED 1,303). 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. 1605's AED 96,000 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 16th floor

All 172 units in Burj Lofts East
Value
16012-bedAED 2.31M · Jun 2010
16022-bedAED 2.95M · Jul 2025
16032-bedAED 2.43M · Dec 2023
16041-bedAED 2.1M · Jun 2025
16061-bedAED 1.08M · Apr 2010

1605, Burj Lofts East in numbers

  • Sold 4 times: first on 2 October 2012 for AED 1,427,888, last on 12 April 2022 for AED 1,400,000 (AED 1,528 per sqft).
  • Rented since April 2014 on 7 Ejari contracts, from AED 110,000 to AED 96,000 a year.
  • At AED 96,000 a year the gross yield on the 2022 price is 6.9%, before a service charge of about AED 19,200 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 5 July 2023.

Questions about 1605, Burj Lofts East

What did unit 1605 last sell for?

AED 1,400,000 on 12 April 2022: AED 1,528 per sqft for 916 sqft. The unit has 4 registered sales; the first was AED 1,427,888 in October 2012.

What is the rent for unit 1605?

AED 96,000 a year on the contract renewed on 5 July 2023. The previous contract, from July 2022, was AED 90,000; the unit has been rented since April 2014.

How big is unit 1605?

916 sqft (85.1 sqm): a one-bedroom apartment on the 16th floor of a 30-storey tower completed in 2009.

What is unit 1605 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 1605, Burj Lofts East

Starts from the last sale price (AED 1.4M, 12 April 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,400,000
Deposit, UAE resident (20%)
AED 280,000
Deposit, non-resident (40%)
AED 560,000
Monthly over 25 years at 3.7%
AED 5,728

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