2-bed · 1,297 sqftBurj Lofts East, Downtown Dubai · 4th floor · completed 2009

401, Burj Lofts East

Sold prices and rental history: sold twice, last in March 2018, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 401 · DLD and Ejari recordsUpdated 8 March 2018
Last soldAED 1.78M8 March 2018
Current rentAED 150K /yr20 November 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 401, Burj Lofts East

What is 401 worth today?

Last sold for AED 1,780,000 in 2018

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8 Mar 2018SoldReady
AED 1,780,000AED 1,372 per sqft
20 Nov 2014RentedNew contract
AED 150,000/yr12 months · AED 115 per sqft
23 Mar 2013RentedNew contract
AED 105,000/yr12 months · AED 81 per sqft
3 Jun 2012Sold by developerReady
AED 2,413,888AED 1,861 per sqft

Source: Dubai Land Department. Updated 8 March 2018.

Key facts

Type
2-bed apartment
Size
1,297 sqft
Floor
4th of 30
Parking
P - 52
Developer
Emaar
Completed
2009
Service charge
AED 27,200 /yr
Last sold
AED 1.78M · March 2018

About 401, Burj Lofts East

401 is a two-bedroom apartment of 1,297 sqft on the 4th floor of Burj Lofts East, a 30-storey tower in Downtown Dubai completed in 2009 by Emaar. It last sold on 8 March 2018 for AED 1,780,000, or AED 1,372 per sqft, 16% below the AED 1,635 two-beds in the building were fetching at the time.

It has been rented since 2013 on 2 Ejari contracts. The current contract, signed on 20 November 2014, is AED 150,000 a year: a gross yield of 8.4% on the 2018 price, before the service charge of about AED 27,200 a year.

Sales and rents for 401 over time

Sales
Unit 401, 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, June 2012: AED 2,413,888 (AED 1,861 per sqft)Sold, March 2018: AED 1,780,000 (AED 1,372 per sqft)

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

Rents
Unit 401, 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, March 2013: AED 105,000 a yearNew contract, November 2014: AED 150,000 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 401 sits

All 87 2-beds →

401 last sold in March 2018 at AED 1,372 per sqft, 16% below what two-beds in Burj Lofts East were fetching at the time (AED 1,635). 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. 401's AED 150,000 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 4th floor

All 172 units in Burj Lofts East
Value
4022-bedAED 2.69M · Aug 2014
4032-bedAED 2.2M · Sep 2023
4041-bedAED 1.3M · Feb 2022
4051-bedAED 1.3M · Jun 2023
4061-bedAED 1.87M · Sep 2025

401, Burj Lofts East in numbers

  • Sold twice: first on 3 June 2012 for AED 2,413,888, last on 8 March 2018 for AED 1,780,000 (AED 1,372 per sqft).
  • Rented since March 2013 on 2 Ejari contracts, from AED 105,000 to AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2018 price is 8.4%, before a service charge of about AED 27,200 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 8 March 2018.

Questions about 401, Burj Lofts East

What did unit 401 last sell for?

AED 1,780,000 on 8 March 2018: AED 1,372 per sqft for 1,297 sqft. The unit has 2 registered sales; the first was AED 2,413,888 in June 2012.

What is the rent for unit 401?

AED 150,000 a year on the contract signed on 20 November 2014. The previous contract, from March 2013, was AED 105,000.

How big is unit 401?

1,297 sqft (120.5 sqm): a two-bedroom apartment on the 4th floor of a 30-storey tower completed in 2009.

What is unit 401 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 401, Burj Lofts East

Starts from the last sale price (AED 1.78M, 8 March 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,780,000
Deposit, UAE resident (20%)
AED 356,000
Deposit, non-resident (40%)
AED 712,000
Monthly over 25 years at 3.7%
AED 7,283

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