2-bed · 1,297 sqftBurj Lofts East, Downtown Dubai · 23rd floor · completed 2009

2301, Burj Lofts East

Sold prices and rental history: sold twice, last in May 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2301 · DLD and Ejari recordsUpdated 19 May 2023
Last soldAED 2.4M19 May 2023
Current rentAED 86K /yr7 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2301, Burj Lofts East

What is 2301 worth today?

Last sold for AED 2,400,000 in 2023

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19 May 2023SoldReady
AED 2,400,000AED 1,850 per sqft
7 Nov 2022RentedRenewal
AED 85,679/yr3 months · AED 66 per sqft
7 Nov 2021RentedRenewal
AED 85,000/yr12 months · AED 65 per sqft
7 Nov 2020RentedNew contract
AED 85,000/yr12 months · AED 65 per sqft
5 Sep 2019RentedRenewal
AED 115,000/yr12 months · AED 88 per sqft
5 Sep 2018RentedNew contract
AED 120,000/yr12 months · AED 92 per sqft
3 Sep 2016RentedNew contract
AED 150,000/yr12 months · AED 115 per sqft
1 Sep 2014RentedNew contract
AED 155,000/yr12 months · AED 119 per sqft

Source: Dubai Land Department. Updated 19 May 2023.

Key facts

Type
2-bed apartment
Size
1,297 sqft
Floor
23rd of 30
Parking
B1 - 1191
Developer
Emaar
Completed
2009
Service charge
AED 27,200 /yr
Last sold
AED 2.4M · May 2023

About 2301, Burj Lofts East

2301 is a two-bedroom apartment of 1,297 sqft on the 23rd floor of Burj Lofts East, a 30-storey tower in Downtown Dubai completed in 2009 by Emaar. It last sold on 19 May 2023 for AED 2,400,000, or AED 1,850 per sqft, 23% above the AED 1,502 two-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 7 November 2022, is AED 85,679 a year: a gross yield of 3.6% on the 2023 price, before the service charge of about AED 27,200 a year.

Sales and rents for 2301 over time

Sales
Unit 2301, 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, June 2010: AED 1,164,675 (AED 897 per sqft)Sold, May 2023: AED 2,400,000 (AED 1,850 per sqft)

2301 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2301, 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, September 2014: AED 155,000 a yearNew contract, September 2016: AED 150,000 a yearNew contract, September 2018: AED 120,000 a yearRenewal, September 2019: AED 115,000 a yearNew contract, November 2020: AED 85,000 a yearRenewal, November 2021: AED 85,000 a yearRenewal, November 2022: AED 85,679 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 2301 sits

All 87 2-beds →

2301 last sold in May 2023 at AED 1,850 per sqft, 23% above what two-beds in Burj Lofts East were fetching at the time (AED 1,502). 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. 2301's AED 85,679 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 23rd floor

All 172 units in Burj Lofts East
Value
23022-bedAED 1.8M · Feb 2022
23032-bedAED 2.12M · Apr 2011
23041-bedAED 1.34M · Jul 2010
23051-bedAED 500K · Jan 2016
23061-bedAED 1.3M · Jun 2010

2301, Burj Lofts East in numbers

  • Sold twice: first on 22 June 2010 for AED 1,164,675, last on 19 May 2023 for AED 2,400,000 (AED 1,850 per sqft).
  • Rented since September 2014 on 7 Ejari contracts, from AED 155,000 to AED 85,679 a year.
  • At AED 85,679 a year the gross yield on the 2023 price is 3.6%, before a service charge of about AED 27,200 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 19 May 2023.

Questions about 2301, Burj Lofts East

What did unit 2301 last sell for?

AED 2,400,000 on 19 May 2023: AED 1,850 per sqft for 1,297 sqft. The unit has 2 registered sales; the first was AED 1,164,675 in June 2010.

What is the rent for unit 2301?

AED 85,679 a year on the contract renewed on 7 November 2022. The previous contract, from November 2021, was AED 85,000; the unit has been rented since September 2014.

How big is unit 2301?

1,297 sqft (120.5 sqm): a two-bedroom apartment on the 23rd floor of a 30-storey tower completed in 2009.

What is unit 2301 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 2301, Burj Lofts East

Starts from the last sale price (AED 2.4M, 19 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,400,000
Deposit, UAE resident (20%)
AED 480,000
Deposit, non-resident (40%)
AED 960,000
Monthly over 25 years at 3.7%
AED 9,819

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