2-bed · 1,297 sqftBurj Lofts West, Downtown Dubai · 10th floor · completed 2009

1001, Burj Lofts West

Sold prices and rental history: sold twice, last in October 2017, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1001 · DLD and Ejari recordsUpdated 1 September 2024
Last soldAED 2.15M12 October 2017
Current rentAED 145K /yr1 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1001, Burj Lofts West

What is 1001 worth today?

Last sold for AED 2,150,000 in 2017

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1 Sep 2024RentedRenewal
AED 145,000/yr12 months · AED 111 per sqft
1 Sep 2023RentedRenewal
AED 134,000/yr12 months · AED 103 per sqft
1 Sep 2022RentedNew contract
AED 129,000/yr12 months · AED 99 per sqft
25 Aug 2021RentedNew contract
AED 87,000/yr12 months · AED 67 per sqft
4 Aug 2020RentedNew contract
AED 85,000/yr12 months · AED 65 per sqft
29 Jan 2020RentedRenewal
AED 97,000/yr6 months · AED 74 per sqft
29 Jul 2019RentedRenewal
AED 95,000/yr6 months · AED 73 per sqft
29 Jul 2018RentedNew contract
AED 115,000/yr12 months · AED 88 per sqft

Source: Dubai Land Department. Updated 1 September 2024.

Key facts

Type
2-bed apartment
Size
1,297 sqft
Floor
10th of 30
Parking
B1 - 1078
Developer
Emaar
Completed
2009
Service charge
AED 27,200 /yr
Last sold
AED 2.15M · October 2017

About 1001, Burj Lofts West

1001 is a two-bedroom apartment of 1,297 sqft on the 10th floor of Burj Lofts West, a 30-storey tower in Downtown Dubai completed in 2009 by Emaar. It last sold on 12 October 2017 for AED 2,150,000, or AED 1,657 per sqft, 18% above the AED 1,408 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 1 September 2024, is AED 145,000 a year: a gross yield of 6.7% on the 2017 price, before the service charge of about AED 27,200 a year.

Sales and rents for 1001 over time

Sales
Unit 1001, each saleTypical two-bed in Burj Lofts West
1M2M3M2010201520202025Typical sale price by year: 2010 AED 2,223,888; 2011 AED 1,851,388; 2012 AED 2,080,065; 2013 AED 2,500,000; 2014 AED 2,912,000; 2015 AED 2,311,000; 2016 AED 2,275,000; 2017 AED 1,875,000; 2018 AED 2,205,000; 2019 AED 1,500,000; 2021 AED 1,550,000; 2022 AED 2,000,000; 2023 AED 2,400,000; 2024 AED 2,375,000; 2025 AED 2,525,000; 2026 AED 3,100,000Sold by developer, May 2010: AED 1,180,944 (AED 910 per sqft)Sold, October 2017: AED 2,150,000 (AED 1,657 per sqft)

1001 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1001, each contractTypical two-bed in Burj Lofts West
100K150K2012201620202024Typical rent by year: 2012 AED 111,500; 2013 AED 125,500; 2014 AED 150,000; 2015 AED 150,000; 2016 AED 145,000; 2017 AED 140,000; 2018 AED 130,000; 2019 AED 107,500; 2020 AED 95,000; 2021 AED 94,691; 2022 AED 115,500; 2023 AED 131,000; 2024 AED 150,000; 2025 AED 164,118; 2026 AED 165,000New contract, November 2013: AED 130,000 a yearNew contract, July 2018: AED 115,000 a yearRenewal, July 2019: AED 95,000 a yearRenewal, January 2020: AED 97,000 a yearNew contract, August 2020: AED 85,000 a yearNew contract, August 2021: AED 87,000 a yearNew contract, September 2022: AED 129,000 a yearRenewal, September 2023: AED 134,000 a yearRenewal, September 2024: AED 145,000 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 West, and where 1001 sits

All 87 2-beds →

1001 last sold in October 2017 at AED 1,657 per sqft, 18% above what two-beds in Burj Lofts West were fetching at the time (AED 1,408). Over the last 12 months two-beds sold for AED 2,450,000 to 3,350,000, around AED 2,084 per sqft, and rent for AED 110,000 to 443,000 a year. 1001's AED 145,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
19 Aug 20262,725,000
24 Apr 20263,100,000
6 Jan 20263,350,000
29 Dec 20252,525,000
6 2-bed sales in the last 12 months

Burj Lofts West

Building

171 apartments, 1-bed to 3-bed over 30 floors in Downtown Dubai, completed in 2009 by Emaar. 14 sold in the last 12 months.

Typical price per sqft
AED 2,084 Up 5.8%
Typical sale
AED 2.49M
Typical rent
AED 129K /yr
Typical yield
6.1%
Burj Lofts West, Downtown Dubai: prices, sales and rents →

Other units on the 10th floor

All 171 units in Burj Lofts West
Value
10022-bedAED 1.38M · Oct 2010
10032-bedAED 2.33M · May 2024
10041-bedAED 1.4M · Feb 2013
10051-bedAED 1.61M · Dec 2023
10061-bedAED 800K · Dec 2020

1001, Burj Lofts West in numbers

  • Sold twice: first on 2 May 2010 for AED 1,180,944, last on 12 October 2017 for AED 2,150,000 (AED 1,657 per sqft).
  • Rented since November 2013 on 9 Ejari contracts. The rent fell from AED 130,000 to AED 85,000 in 2020 and recovered to AED 145,000 by September 2024.
  • At AED 145,000 a year the gross yield on the 2017 price is 6.7%, before a service charge of about AED 27,200 a year (AED 21.00 per sqft).
  • Two-beds in Burj Lofts West sold for AED 2,450,000–3,350,000 in the 12 months to November 2026; the building's median across all types is AED 2,084 per sqft.

Source: Dubai Land Department. Updated 1 September 2024.

Questions about 1001, Burj Lofts West

What did unit 1001 last sell for?

AED 2,150,000 on 12 October 2017: AED 1,657 per sqft for 1,297 sqft. The unit has 2 registered sales; the first was AED 1,180,944 in May 2010.

What is the rent for unit 1001?

AED 145,000 a year on the contract renewed on 1 September 2024. The previous contract, from September 2023, was AED 134,000; the unit has been rented since November 2013.

How big is unit 1001?

1,297 sqft (120.5 sqm): a two-bedroom apartment on the 10th floor of a 30-storey tower completed in 2009.

What is unit 1001 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 West sold for AED 2,450,000 to 3,350,000 in the last 12 months, around AED 2,084 per sqft.

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Mortgage on 1001, Burj Lofts West

Starts from the last sale price (AED 2.15M, 12 October 2017). Switch to today's estimate once you have unlocked it.
Price
AED 2,150,000
Deposit, UAE resident (20%)
AED 430,000
Deposit, non-resident (40%)
AED 860,000
Monthly over 25 years at 3.7%
AED 8,796

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