1-bed · 884 sqftBurj Lofts East, Downtown Dubai · 24th floor · completed 2009

2404, Burj Lofts East

Sold prices and rental history: sold once, by the developer in May 2012, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2404 · DLD and Ejari recordsUpdated 1 December 2024
Last soldAED 1M28 May 2012
Current rentAED 69K /yr1 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2404, Burj Lofts East

What is 2404 worth today?

Last sold for AED 1,000,000 in 2012

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1 Dec 2024RentedRenewal
AED 69,000/yr12 months · AED 78 per sqft
1 Dec 2023RentedRenewal
AED 69,000/yr12 months · AED 78 per sqft
1 Dec 2022RentedNew contract
AED 69,000/yr12 months · AED 78 per sqft
2 Oct 2021RentedRenewal
AED 69,000/yr12 months · AED 78 per sqft
15 Dec 2020RentedRenewal
AED 60,209/yr10 months · AED 68 per sqft
15 Dec 2019RentedNew contract
AED 83,000/yr12 months · AED 94 per sqft
9 Dec 2017RentedNew contract
AED 103,000/yr12 months · AED 117 per sqft
10 Nov 2016RentedRenewal
AED 120,000/yr12 months · AED 136 per sqft

Source: Dubai Land Department. Updated 1 December 2024.

Key facts

Type
1-bed apartment
Size
884 sqft
Floor
24th of 30
Parking
B2 - 2131
Developer
Emaar
Completed
2009
Service charge
AED 18,600 /yr
Last sold
AED 1M · May 2012

About 2404, Burj Lofts East

2404 is a one-bedroom apartment of 884 sqft on the 24th floor of Burj Lofts East, a 30-storey tower in Downtown Dubai completed in 2009 by Emaar. The developer sold it on 28 May 2012 for AED 1,000,000, or AED 1,131 per sqft, 20% below the AED 1,405 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, renewed on 1 December 2024, is AED 69,000 a year: a gross yield of 6.9% on the 2012 price, before the service charge of about AED 18,600 a year.

Sales and rents for 2404 over time

Sales
Unit 2404, 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, May 2012: AED 1,000,000 (AED 1,131 per sqft)

2404 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2404, each contractTypical one-bed in Burj Lofts East
50K100K2012201620202024Typical 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, November 2014: AED 120,000 a yearRenewal, November 2015: AED 120,000 a yearRenewal, November 2016: AED 120,000 a yearNew contract, December 2017: AED 103,000 a yearNew contract, December 2019: AED 83,000 a yearRenewal, December 2020: AED 60,209 a yearRenewal, October 2021: AED 69,000 a yearNew contract, December 2022: AED 69,000 a yearRenewal, December 2023: AED 69,000 a yearRenewal, December 2024: AED 69,000 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 2404 sits

All 84 1-beds →

2404 last sold in May 2012 at AED 1,131 per sqft, 20% below what one-beds in Burj Lofts East were fetching at the time (AED 1,405). 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. 2404's AED 69,000 is at the bottom 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 24th floor

All 172 units in Burj Lofts East
Value
24012-bedAED 2.5M · Mar 2019
24022-bedAED 2.4M · Jan 2018
24032-bedAED 2.21M · Dec 2016
24051-bedAED 1.8M · Mar 2014
24061-bedAED 980K · Oct 2011

2404, Burj Lofts East in numbers

  • Sold once: by Emaar on 28 May 2012 for AED 1,000,000, or AED 1,131 per sqft.
  • Rented since November 2014 on 10 Ejari contracts. The rent fell from AED 120,000 to AED 60,209 in 2020 and recovered to AED 69,000 by December 2024.
  • At AED 69,000 a year the gross yield on the 2012 price is 6.9%, before a service charge of about AED 18,600 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 1 December 2024.

Questions about 2404, Burj Lofts East

What did unit 2404 last sell for?

AED 1,000,000 on 28 May 2012, sold by the developer: AED 1,131 per sqft for 884 sqft. It is the only registered sale of the unit.

What is the rent for unit 2404?

AED 69,000 a year on the contract renewed on 1 December 2024. The previous contract, from December 2023, was AED 69,000; the unit has been rented since November 2014.

How big is unit 2404?

884 sqft (82.1 sqm): a one-bedroom apartment on the 24th floor of a 30-storey tower completed in 2009.

What is unit 2404 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 2404, Burj Lofts East

Starts from the last sale price (AED 1M, 28 May 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

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