701, Burj Lofts East
Sold prices and rental history: sold 3 times, last in May 2018, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 701, Burj Lofts East
What is 701 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 16 May 2018.
Key facts
- Type
- 2-bed apartment
- Size
- 1,297 sqft
- Floor
- 7th of 30
- Parking
- P - 48
- Developer
- Emaar
- Completed
- 2009
- Service charge
- AED 27,200 /yr
- Last sold
- AED 2.02M · May 2018
- Building
- Burj Lofts East
About 701, Burj Lofts East
701 is a two-bedroom apartment of 1,297 sqft on the 7th floor of Burj Lofts East, a 30-storey tower in Downtown Dubai completed in 2009 by Emaar. It last sold on 16 May 2018 for AED 2,020,000, or AED 1,557 per sqft, in line with the AED 1,584 two-beds in the building were fetching at the time.
It has been rented since 2013 on 2 Ejari contracts. The current contract, renewed on 1 August 2014, is AED 170,000 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 701 over time
701 has sold 3 times; the dashed line is the two-bed median of each year in the building.
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 701 sits
All 87 2-beds →701 last sold in May 2018 at AED 1,557 per sqft, in line with what two-beds in Burj Lofts East were fetching at the time (AED 1,584). 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. 701's AED 170,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 21 Sep 202621 September 2026 | 1,241 sqft | 2,196,547 | 1,769 | ||
| 14 Sep 202614 September 2026 | 1,433 sqft | 2,260,213 | 1,576 | ||
| 27 Aug 202627 August 2026 | 1,297 sqft | 2,800,000 | 2,158 | ||
| 19 Aug 202619 August 2026 | 1,241 sqft | 2,500,000 | 2,014 |
Burj Lofts East
Building172 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%
Other units on the 7th floor
All 172 units in Burj Lofts East| ValueToday's value | |||||
|---|---|---|---|---|---|
| 702 | 2-bed | 1,433 sqft | AED 2.38MAED 2,375,000 · Oct 2024October 2024 | 175,000 /yr | |
| 703 | 2-bed | 1,241 sqft | AED 3MAED 3,000,000 · Nov 2024November 2024 | 180,000 /yr | |
| 704 | 1-bed | 884 sqft | AED 1.35MAED 1,345,000 · Sep 2015September 2015 | 97,020 /yr | |
| 705 | 1-bed | 916 sqft | AED 1.5MAED 1,500,000 · May 2016May 2016 | 94,380 /yr | |
| 706 | 1-bed | 745 sqft | AED 1.35MAED 1,350,000 · Aug 2022August 2022 | 90,000 /yr |
701, Burj Lofts East in numbers
- Sold 3 times: first on 30 December 2014 for AED 3,460,000, last on 16 May 2018 for AED 2,020,000 (AED 1,557 per sqft).
- Rented since August 2013 on 2 Ejari contracts, at AED 170,000 a year.
- At AED 170,000 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 16 May 2018.
Questions about 701, Burj Lofts East
What did unit 701 last sell for?
AED 2,020,000 on 16 May 2018: AED 1,557 per sqft for 1,297 sqft. The unit has 3 registered sales; the first was AED 3,460,000 in December 2014.
What is the rent for unit 701?
AED 170,000 a year on the contract renewed on 1 August 2014. The previous contract, from August 2013, was AED 170,000.
How big is unit 701?
1,297 sqft (120.5 sqm): a two-bedroom apartment on the 7th floor of a 30-storey tower completed in 2009.
What is unit 701 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.
Selling 701? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 701, Burj Lofts East
Starts from the last sale price (AED 2.02M, 16 May 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 2,020,000
- Deposit, UAE resident (20%)
- AED 404,000
- Deposit, non-resident (40%)
- AED 808,000
- Monthly over 25 years at 3.7%
- AED 8,264
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →