2-bed · 1,433 sqftBurj Lofts East, Downtown Dubai · 29th floor · completed 2009

2902, Burj Lofts East

Sold prices and rental history: sold twice, last in March 2011, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2902 · DLD and Ejari recordsUpdated 7 March 2011
Last soldAED 1.52M7 March 2011
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2902, Burj Lofts East

What is 2902 worth today?

Last sold for AED 1,518,000 in 2011

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7 Mar 2011SoldReady
AED 1,518,000AED 1,058 per sqft
28 Feb 2011Sold by developerReady
AED 2,715,888AED 1,894 per sqft

Source: Dubai Land Department. Updated 7 March 2011.

Key facts

Type
2-bed apartment
Size
1,433 sqft
Floor
29th of 30
Parking
P - 60
Developer
Emaar
Completed
2009
Service charge
AED 30,100 /yr
Last sold
AED 1.52M · March 2011

About 2902, Burj Lofts East

2902 is a two-bedroom apartment of 1,433 sqft on the 29th floor of Burj Lofts East, a 30-storey tower in Downtown Dubai completed in 2009 by Emaar. It last sold on 7 March 2011 for AED 1,518,000, or AED 1,058 per sqft, 35% below the AED 1,620 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2902 over time

Sales
Unit 2902, 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, February 2011: AED 2,715,888 (AED 1,894 per sqft)Sold, March 2011: AED 1,518,000 (AED 1,058 per sqft)

2902 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2902, 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 148,500

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 2902 sits

All 87 2-beds →

2902 last sold in March 2011 at AED 1,058 per sqft, 35% below what two-beds in Burj Lofts East were fetching at the time (AED 1,620). 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.

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 29th floor

All 172 units in Burj Lofts East
Value
29012-bedAED 1.36M · Mar 2011
29032-bedAED 1.35M · Mar 2011
29041-bedAED 956K · Mar 2011
29051-bedAED 1000K · Mar 2011
29061-bedAED 780K · Mar 2011

2902, Burj Lofts East in numbers

  • Sold twice: first on 28 February 2011 for AED 2,715,888, last on 7 March 2011 for AED 1,518,000 (AED 1,058 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 March 2011.

Questions about 2902, Burj Lofts East

What did unit 2902 last sell for?

AED 1,518,000 on 7 March 2011: AED 1,058 per sqft for 1,433 sqft. The unit has 2 registered sales; the first was AED 2,715,888 in February 2011.

How big is unit 2902?

1,433 sqft (133.1 sqm): a two-bedroom apartment on the 29th floor of a 30-storey tower completed in 2009.

What is unit 2902 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 2902, Burj Lofts East

Starts from the last sale price (AED 1.52M, 7 March 2011). Switch to today's estimate once you have unlocked it.
Price
AED 1,518,000
Deposit, UAE resident (20%)
AED 303,600
Deposit, non-resident (40%)
AED 607,200
Monthly over 25 years at 3.7%
AED 6,211

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