1702, Burj Lofts East
Sold prices and rental history: sold 3 times, last in October 2020, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1702, Burj Lofts East
What is 1702 worth today?
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Source: Dubai Land Department. Updated 1 October 2021.
Key facts
- Type
- 2-bed apartment
- Size
- 717 sqft
- Floor
- 17th of 30
- Parking
- G - 43
- Developer
- Emaar
- Completed
- 2009
- Service charge
- AED 15,100 /yr
- Last sold
- AED 650K · October 2020
- Building
- Burj Lofts East
About 1702, Burj Lofts East
1702 is a two-bedroom apartment of 717 sqft on the 17th floor of Burj Lofts East, a 30-storey tower in Downtown Dubai completed in 2009 by Emaar. It last sold on 11 October 2020 for AED 650,000, or AED 906 per sqft, 10% below the AED 1,002 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, renewed on 1 October 2021, is AED 90,000 a year: a gross yield of 13.9% on the 2020 price, before the service charge of about AED 15,100 a year.
Sales and rents for 1702 over time
1702 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 1702 sits
All 87 2-beds →1702 last sold in October 2020 at AED 906 per sqft, 10% below what two-beds in Burj Lofts East were fetching at the time (AED 1,002). 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. 1702's AED 90,000 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 17th floor
All 172 units in Burj Lofts East| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1701 | 2-bed | 1,297 sqft | AED 2.2MAED 2,200,000 · Jun 2024June 2024 | 180,000 /yr | |
| 1703 | 2-bed | 1,241 sqft | AED 2.03MAED 2,030,000 · May 2018May 2018 | 142,500 /yr | |
| 1704 | 1-bed | 884 sqft | AED 1.31MAED 1,309,888 · Jun 2010June 2010 | 115,000 /yr | |
| 1705 | 1-bed | 916 sqft | AED 1.25MAED 1,250,000 · Jun 2022June 2022 | 123,000 /yr | |
| 1706 | 1-bed | 745 sqft | AED 1.38MAED 1,375,000 · Apr 2017April 2017 | 120,000 /yr |
1702, Burj Lofts East in numbers
- Sold 3 times: first on 7 July 2011 for AED 2,582,888, last on 11 October 2020 for AED 650,000 (AED 906 per sqft).
- Rented since December 2013 on 5 Ejari contracts, from AED 140,000 to AED 90,000 a year.
- At AED 90,000 a year the gross yield on the 2020 price is 13.9%, before a service charge of about AED 15,100 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 1 October 2021.
Questions about 1702, Burj Lofts East
What did unit 1702 last sell for?
AED 650,000 on 11 October 2020: AED 906 per sqft for 717 sqft. The unit has 3 registered sales; the first was AED 2,582,888 in July 2011.
What is the rent for unit 1702?
AED 90,000 a year on the contract renewed on 1 October 2021. The previous contract, from October 2020, was AED 90,000; the unit has been rented since December 2013.
How big is unit 1702?
717 sqft (66.6 sqm): a two-bedroom apartment on the 17th floor of a 30-storey tower completed in 2009.
What is unit 1702 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 1702, Burj Lofts East
Starts from the last sale price (AED 650K, 11 October 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 650,000
- Deposit, UAE resident (20%)
- AED 130,000
- Deposit, non-resident (40%)
- AED 260,000
- Monthly over 25 years at 3.7%
- AED 2,659
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →