1-bed · 884 sqftBurj Lofts East, Downtown Dubai · 29th floor · completed 2009

2904, Burj Lofts East

Sold prices and rental history: sold twice, last in March 2011, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2904 · DLD and Ejari recordsUpdated 7 July 2019
Last soldAED 956K7 March 2011
Current rentAED 85K /yr7 July 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2904, Burj Lofts East

What is 2904 worth today?

Last sold for AED 955,900 in 2011

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7 Jul 2019RentedRenewal
AED 85,000/yr12 months · AED 96 per sqft
7 Jul 2018RentedRenewal
AED 94,000/yr12 months · AED 106 per sqft
7 Jul 2017RentedNew contract
AED 93,000/yr12 months · AED 105 per sqft
2 Apr 2016RentedNew contract
AED 120,000/yr12 months · AED 136 per sqft
2 Apr 2015RentedNew contract
AED 120,000/yr12 months · AED 136 per sqft
7 Mar 2011SoldReady
AED 955,900AED 1,081 per sqft
28 Feb 2011Sold by developerReady
AED 1,376,888AED 1,557 per sqft

Source: Dubai Land Department. Updated 7 July 2019.

Key facts

Type
1-bed apartment
Size
884 sqft
Floor
29th of 30
Parking
B2 - 2140
Developer
Emaar
Completed
2009
Service charge
AED 18,600 /yr
Last sold
AED 956K · March 2011

About 2904, Burj Lofts East

2904 is a one-bedroom apartment of 884 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 955,900, or AED 1,081 per sqft, 28% below the AED 1,501 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, renewed on 7 July 2019, is AED 85,000 a year: a gross yield of 8.9% on the 2011 price, before the service charge of about AED 18,600 a year.

Sales and rents for 2904 over time

Sales
Unit 2904, 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, February 2011: AED 1,376,888 (AED 1,557 per sqft)Sold, March 2011: AED 955,900 (AED 1,081 per sqft)

2904 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2904, each contractTypical one-bed in Burj Lofts East
75K100K125K2012201620202024Typical 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, April 2015: AED 120,000 a yearNew contract, April 2016: AED 120,000 a yearNew contract, July 2017: AED 93,000 a yearRenewal, July 2018: AED 94,000 a yearRenewal, July 2019: AED 85,000 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 2904 sits

All 84 1-beds →

2904 last sold in March 2011 at AED 1,081 per sqft, 28% below what one-beds in Burj Lofts East were fetching at the time (AED 1,501). 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. 2904's AED 85,000 is in the lower half 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 29th floor

All 172 units in Burj Lofts East
Value
29012-bedAED 1.36M · Mar 2011
29022-bedAED 1.52M · Mar 2011
29032-bedAED 1.35M · Mar 2011
29051-bedAED 1000K · Mar 2011
29061-bedAED 780K · Mar 2011

2904, Burj Lofts East in numbers

  • Sold twice: first on 28 February 2011 for AED 1,376,888, last on 7 March 2011 for AED 955,900 (AED 1,081 per sqft).
  • Rented since April 2015 on 5 Ejari contracts, from AED 120,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2011 price is 8.9%, 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 7 July 2019.

Questions about 2904, Burj Lofts East

What did unit 2904 last sell for?

AED 955,900 on 7 March 2011: AED 1,081 per sqft for 884 sqft. The unit has 2 registered sales; the first was AED 1,376,888 in February 2011.

What is the rent for unit 2904?

AED 85,000 a year on the contract renewed on 7 July 2019. The previous contract, from July 2018, was AED 94,000; the unit has been rented since April 2015.

How big is unit 2904?

884 sqft (82.1 sqm): a one-bedroom apartment on the 29th floor of a 30-storey tower completed in 2009.

What is unit 2904 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 2904, Burj Lofts East

Starts from the last sale price (AED 956K, 7 March 2011). Switch to today's estimate once you have unlocked it.
Price
AED 955,900
Deposit, UAE resident (20%)
AED 191,180
Deposit, non-resident (40%)
AED 382,360
Monthly over 25 years at 3.7%
AED 3,911

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