2-bed · 1,433 sqftBurj Lofts East, Downtown Dubai · 27th floor · completed 2009

2702, Burj Lofts East

Sold prices and rental history: sold twice, last in June 2022, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2702 · DLD and Ejari recordsUpdated 1 June 2024
Last soldAED 2.07M9 June 2022
Current rentAED 195K /yr1 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2702, Burj Lofts East

What is 2702 worth today?

Last sold for AED 2,069,854 in 2022

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1 Jun 2024RentedNew contract
AED 195,000/yr12 months · AED 136 per sqft
20 Aug 2023RentedNew contract
AED 210,000/yr12 months · AED 147 per sqft
9 Jun 2022SoldReady
AED 2,069,854AED 1,443 per sqft
8 Jul 2020Sold by developerReady
AED 2,693,888AED 1,879 per sqft

Source: Dubai Land Department. Updated 1 June 2024.

Key facts

Type
2-bed apartment
Size
1,433 sqft
Floor
27th of 30
Parking
P - 62
Developer
Emaar
Completed
2009
Service charge
AED 30,100 /yr
Last sold
AED 2.07M · June 2022

About 2702, Burj Lofts East

2702 is a two-bedroom apartment of 1,433 sqft on the 27th floor of Burj Lofts East, a 30-storey tower in Downtown Dubai completed in 2009 by Emaar. It last sold on 9 June 2022 for AED 2,069,854, or AED 1,443 per sqft, 11% above the AED 1,302 two-beds in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 1 June 2024, is AED 195,000 a year: a gross yield of 9.4% on the 2022 price, before the service charge of about AED 30,100 a year.

Sales and rents for 2702 over time

Sales
Unit 2702, 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, July 2020: AED 2,693,888 (AED 1,879 per sqft)Sold, June 2022: AED 2,069,854 (AED 1,443 per sqft)

2702 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2702, each contractTypical two-bed in Burj Lofts East
100K200K2012201620202024Typical 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, August 2023: AED 210,000 a yearNew contract, June 2024: AED 195,000 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 2702 sits

All 87 2-beds →

2702 last sold in June 2022 at AED 1,443 per sqft, 11% above what two-beds in Burj Lofts East were fetching at the time (AED 1,302). 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. 2702's AED 195,000 is in the upper 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 27th floor

All 172 units in Burj Lofts East
Value
27012-bedAED 2.5M · Jul 2024
27032-bedAED 2.16M · Aug 2010
27041-bedAED 1.5M · Aug 2016
27051-bedAED 1.7M · Jan 2016
27061-bedAED 1.74M · Oct 2024

2702, Burj Lofts East in numbers

  • Sold twice: first on 8 July 2020 for AED 2,693,888, last on 9 June 2022 for AED 2,069,854 (AED 1,443 per sqft).
  • Rented since August 2023 on 2 Ejari contracts, from AED 210,000 to AED 195,000 a year.
  • At AED 195,000 a year the gross yield on the 2022 price is 9.4%, 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 1 June 2024.

Questions about 2702, Burj Lofts East

What did unit 2702 last sell for?

AED 2,069,854 on 9 June 2022: AED 1,443 per sqft for 1,433 sqft. The unit has 2 registered sales; the first was AED 2,693,888 in July 2020.

What is the rent for unit 2702?

AED 195,000 a year on the contract signed on 1 June 2024. The previous contract, from August 2023, was AED 210,000.

How big is unit 2702?

1,433 sqft (133.1 sqm): a two-bedroom apartment on the 27th floor of a 30-storey tower completed in 2009.

What is unit 2702 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 2702, Burj Lofts East

Starts from the last sale price (AED 2.07M, 9 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,069,854
Deposit, UAE resident (20%)
AED 413,971
Deposit, non-resident (40%)
AED 827,942
Monthly over 25 years at 3.7%
AED 8,468

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