2-bed · 1,241 sqftBurj Lofts East, Downtown Dubai · 19th floor · completed 2009

1903, Burj Lofts East

Sold prices and rental history: sold 3 times, last in October 2019, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1903 · DLD and Ejari recordsUpdated 7 October 2019
Last soldAED 1.25M7 October 2019
Current rentAED 110K /yr5 July 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1903, Burj Lofts East

What is 1903 worth today?

Last sold for AED 1,250,000 in 2019

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7 Oct 2019SoldReady
AED 1,250,000AED 1,007 per sqft
5 Jul 2019RentedNew contract
AED 110,000/yr12 months · AED 89 per sqft
6 Oct 2016RentedNew contract
AED 140,000/yr12 months · AED 113 per sqft
18 May 2015RentedNew contract
AED 130,000/yr12 months · AED 105 per sqft
18 May 2014RentedNew contract
AED 130,000/yr12 months · AED 105 per sqft
1 Apr 2013RentedNew contract
AED 110,000/yr12 months · AED 89 per sqft
1 Nov 2011SoldReady
AED 1,300,000AED 1,047 per sqft
26 Oct 2011Sold by developerReady
AED 2,086,888AED 1,681 per sqft

Source: Dubai Land Department. Updated 7 October 2019.

Key facts

Type
2-bed apartment
Size
1,241 sqft
Floor
19th of 30
Parking
B1 - 1184
Developer
Emaar
Completed
2009
Service charge
AED 26,100 /yr
Last sold
AED 1.25M · October 2019

About 1903, Burj Lofts East

1903 is a two-bedroom apartment of 1,241 sqft on the 19th floor of Burj Lofts East, a 30-storey tower in Downtown Dubai completed in 2009 by Emaar. It last sold on 7 October 2019 for AED 1,250,000, or AED 1,007 per sqft, 18% below the AED 1,232 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, signed on 5 July 2019, is AED 110,000 a year: a gross yield of 8.8% on the 2019 price, before the service charge of about AED 26,100 a year.

Sales and rents for 1903 over time

Sales
Unit 1903, each saleTypical two-bed in Burj Lofts East
1M2M3M2010201520202025Typical sale price by year: 2010 AED 2,044,388; 2011 AED 1,869,888; 2012 AED 1,830,888; 2013 AED 2,500,000; 2014 AED 2,750,000; 2015 AED 2,300,000; 2016 AED 2,100,000; 2018 AED 2,000,000; 2019 AED 1,460,000; 2020 AED 1,392,500; 2022 AED 1,850,000; 2023 AED 2,200,000; 2024 AED 2,437,500; 2025 AED 2,825,000; 2026 AED 2,700,000Sold by developer, October 2011: AED 2,086,888 (AED 1,681 per sqft)Sold, November 2011: AED 1,300,000 (AED 1,047 per sqft)Sold, October 2019: AED 1,250,000 (AED 1,007 per sqft)

1903 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1903, each contractTypical two-bed in Burj Lofts East
100K150K2012201620202024Typical rent by year: 2012 AED 97,000; 2013 AED 125,000; 2014 AED 145,000; 2015 AED 153,625; 2016 AED 147,000; 2017 AED 145,000; 2018 AED 130,000; 2019 AED 115,000; 2020 AED 100,000; 2021 AED 92,750; 2022 AED 106,350; 2023 AED 126,750; 2024 AED 145,000; 2025 AED 157,500; 2026 AED 148,500New contract, April 2013: AED 110,000 a yearNew contract, May 2014: AED 130,000 a yearNew contract, May 2015: AED 130,000 a yearNew contract, October 2016: AED 140,000 a yearNew contract, July 2019: AED 110,000 a year

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 1903 sits

All 87 2-beds →

1903 last sold in October 2019 at AED 1,007 per sqft, 18% below what two-beds in Burj Lofts East were fetching at the time (AED 1,232). 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. 1903's AED 110,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
21 Sep 20262,196,547
14 Sep 20262,260,213
27 Aug 20262,800,000
19 Aug 20262,500,000
10 2-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 19th floor

All 172 units in Burj Lofts East
Value
19012-bedAED 2.34M · Jun 2010
19022-bedAED 2.6M · May 2010
19041-bedAED 660K · Jun 2010
19051-bedAED 724K · May 2010
19061-bedAED 1.79M · Feb 2014

1903, Burj Lofts East in numbers

  • Sold 3 times: first on 26 October 2011 for AED 2,086,888, last on 7 October 2019 for AED 1,250,000 (AED 1,007 per sqft).
  • Rented since April 2013 on 5 Ejari contracts, at AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2019 price is 8.8%, 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 7 October 2019.

Questions about 1903, Burj Lofts East

What did unit 1903 last sell for?

AED 1,250,000 on 7 October 2019: AED 1,007 per sqft for 1,241 sqft. The unit has 3 registered sales; the first was AED 2,086,888 in October 2011.

What is the rent for unit 1903?

AED 110,000 a year on the contract signed on 5 July 2019. The previous contract, from October 2016, was AED 140,000; the unit has been rented since April 2013.

How big is unit 1903?

1,241 sqft (115.3 sqm): a two-bedroom apartment on the 19th floor of a 30-storey tower completed in 2009.

What is unit 1903 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 1903, Burj Lofts East

Starts from the last sale price (AED 1.25M, 7 October 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,250,000
Deposit, UAE resident (20%)
AED 250,000
Deposit, non-resident (40%)
AED 500,000
Monthly over 25 years at 3.7%
AED 5,114

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