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2-bed · 1,433 sqftBurj Lofts East, Downtown Dubai · 23rd floor · completed 2009

2302, Burj Lofts East

Sold prices and rental history: sold 3 times, last in February 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2302 · DLD and Ejari recordsUpdated 17 February 2022
Last soldAED 1.8M17 February 2022
Current rentAED 93K /yr20 August 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2302, Burj Lofts East

What is 2302 worth today?

Last sold for AED 1,800,000 in 2022

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17 Feb 2022SoldReady
AED 1,800,000AED 1,255 per sqft
20 Aug 2021RentedRenewal
AED 92,500/yr12 months · AED 65 per sqft
20 Aug 2020RentedNew contract
AED 92,500/yr12 months · AED 65 per sqft
21 Jun 2020SoldReady
AED 1,400,000AED 976 per sqft
1 May 2018RentedRenewal
AED 155,425/yr12 months · AED 109 per sqft
1 May 2017RentedRenewal
AED 155,425/yr12 months · AED 109 per sqft
1 May 2016RentedRenewal
AED 155,425/yr12 months · AED 109 per sqft
1 May 2015RentedRenewal
AED 155,425/yr12 months · AED 109 per sqft

Source: Dubai Land Department. Updated 17 February 2022.

Key facts

Type
2-bed apartment
Size
1,433 sqft
Floor
23rd of 30
Parking
G - 37
Developer
Emaar
Completed
2009
Service charge
AED 30,100 /yr
Last sold
AED 1.8M · February 2022
Building
Burj Lofts East

About 2302, Burj Lofts East

2302 is a two-bedroom apartment of 1,433 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 17 February 2022 for AED 1,800,000, or AED 1,255 per sqft.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 20 August 2021, is AED 92,500 a year: a gross yield of 5.1% on the 2022 price, before the service charge of about AED 30,100 a year.

Sales and rents for 2302 over time

Sales
Unit 2302, each saleTypical two-bed in Burj Lofts East
2M3M2010201520202025Typical 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, April 2010: AED 2,648,888 (AED 1,847 per sqft)Sold, June 2020: AED 1,400,000 (AED 976 per sqft)Sold, February 2022: AED 1,800,000 (AED 1,255 per sqft)

2302 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2302, 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, May 2013: AED 135,000 a yearNew contract, May 2014: AED 148,500 a yearRenewal, May 2015: AED 155,425 a yearRenewal, May 2016: AED 155,425 a yearRenewal, May 2017: AED 155,425 a yearRenewal, May 2018: AED 155,425 a yearNew contract, August 2020: AED 92,500 a yearRenewal, August 2021: AED 92,500 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 2302 sits

All 87 2-beds →

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. 2302's AED 92,500 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
23012-bedAED 2.4M · May 2023
23032-bedAED 2.12M · Apr 2011
23041-bedAED 1.34M · Jul 2010
23051-bedAED 500K · Jan 2016
23061-bedAED 1.3M · Jun 2010

2302, Burj Lofts East in numbers

  • Sold 3 times: first on 28 April 2010 for AED 2,648,888, last on 17 February 2022 for AED 1,800,000 (AED 1,255 per sqft).
  • Rented since May 2013 on 8 Ejari contracts, from AED 135,000 to AED 92,500 a year.
  • At AED 92,500 a year the gross yield on the 2022 price is 5.1%, before a service charge of about AED 30,100 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 17 February 2022.

Questions about 2302, Burj Lofts East

What did unit 2302 last sell for?

AED 1,800,000 on 17 February 2022: AED 1,255 per sqft for 1,433 sqft. The unit has 3 registered sales; the first was AED 2,648,888 in April 2010.

What is the rent for unit 2302?

AED 92,500 a year on the contract renewed on 20 August 2021. The previous contract, from August 2020, was AED 92,500; the unit has been rented since May 2013.

How big is unit 2302?

1,433 sqft (133.1 sqm): a two-bedroom apartment on the 23rd floor of a 30-storey tower completed in 2009.

What is unit 2302 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 2302, Burj Lofts East

Starts from the last sale price (AED 1.8M, 17 February 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,800,000
Deposit, UAE resident (20%)
AED 360,000
Deposit, non-resident (40%)
AED 720,000
Monthly over 25 years at 3.7%
AED 7,364

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