1-bed · 916 sqftBurj Lofts West, Downtown Dubai · 10th floor · completed 2009

1005, Burj Lofts West

Sold prices and rental history: sold twice, last in December 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1005 · DLD and Ejari recordsUpdated 1 December 2023
Last soldAED 1.61M1 December 2023
Current rentAED 70K /yr5 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1005, Burj Lofts West

What is 1005 worth today?

Last sold for AED 1,610,000 in 2023

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1 Dec 2023SoldReady
AED 1,610,000AED 1,758 per sqft
5 Aug 2022RentedRenewal
AED 70,189/yr12 months · AED 77 per sqft
5 Aug 2021RentedRenewal
AED 58,000/yr12 months · AED 63 per sqft
5 Aug 2020RentedRenewal
AED 58,000/yr12 months · AED 63 per sqft
5 Aug 2019RentedNew contract
AED 70,000/yr12 months · AED 77 per sqft
15 Jul 2018RentedNew contract
AED 87,000/yr12 months · AED 95 per sqft
5 Jul 2017RentedNew contract
AED 100,000/yr12 months · AED 109 per sqft
18 Sep 2016RentedNew contract
AED 100,000/yr12 months · AED 109 per sqft

Source: Dubai Land Department. Updated 1 December 2023.

Key facts

Type
1-bed apartment
Size
916 sqft
Floor
10th of 30
Parking
B2 - 2026
Developer
Emaar
Completed
2009
Service charge
AED 19,200 /yr
Last sold
AED 1.61M · December 2023

About 1005, Burj Lofts West

1005 is a one-bedroom apartment of 916 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 1 December 2023 for AED 1,610,000, or AED 1,758 per sqft, 7% above the AED 1,638 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 5 August 2022, is AED 70,189 a year: a gross yield of 4.4% on the 2023 price, before the service charge of about AED 19,200 a year.

Sales and rents for 1005 over time

Sales
Unit 1005, each saleTypical one-bed in Burj Lofts West
1M2M2010201520202025Typical sale price by year: 2010 AED 1,246,388; 2011 AED 1,229,388; 2012 AED 1,230,888; 2013 AED 1,394,944; 2014 AED 1,700,000; 2015 AED 1,433,888; 2016 AED 1,650,000; 2017 AED 1,275,000; 2018 AED 1,042,333; 2020 AED 850,000; 2021 AED 1,035,000; 2022 AED 1,157,500; 2023 AED 1,500,000; 2024 AED 1,609,000; 2025 AED 1,800,000; 2026 AED 1,967,500Sold by developer, July 2013: AED 1,338,888 (AED 1,462 per sqft)Sold, December 2023: AED 1,610,000 (AED 1,758 per sqft)

1005 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1005, each contractTypical one-bed in Burj Lofts West
50K100K2012201620202024Typical rent by year: 2012 AED 75,000; 2013 AED 82,000; 2014 AED 100,000; 2015 AED 103,035; 2016 AED 100,000; 2017 AED 95,000; 2018 AED 89,759; 2019 AED 75,000; 2020 AED 65,000; 2021 AED 64,444; 2022 AED 78,750; 2023 AED 95,000; 2024 AED 110,000; 2025 AED 115,000; 2026 AED 110,000New contract, August 2013: AED 85,000 a yearNew contract, August 2014: AED 85,000 a yearNew contract, September 2015: AED 110,000 a yearNew contract, September 2016: AED 100,000 a yearNew contract, July 2017: AED 100,000 a yearNew contract, July 2018: AED 87,000 a yearNew contract, August 2019: AED 70,000 a yearRenewal, August 2020: AED 58,000 a yearRenewal, August 2021: AED 58,000 a yearRenewal, August 2022: AED 70,189 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 West, and where 1005 sits

All 83 1-beds →

1005 last sold in December 2023 at AED 1,758 per sqft, 7% above what one-beds in Burj Lofts West were fetching at the time (AED 1,638). Over the last 12 months one-beds sold for AED 1,675,000 to 2,215,000, around AED 2,225 per sqft, and rent for AED 80,000 to 170,000 a year. 1005's AED 70,189 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
11 Aug 202611,783
4 Aug 20261,675,000
27 Jul 202615,249
18 Jun 20261,735,000
8 1-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
10012-bedAED 2.15M · Oct 2017
10022-bedAED 1.38M · Oct 2010
10032-bedAED 2.33M · May 2024
10041-bedAED 1.4M · Feb 2013
10061-bedAED 800K · Dec 2020

1005, Burj Lofts West in numbers

  • Sold twice: first on 2 July 2013 for AED 1,338,888, last on 1 December 2023 for AED 1,610,000 (AED 1,758 per sqft).
  • Rented since August 2013 on 10 Ejari contracts. The rent fell from AED 85,000 to AED 58,000 in 2021 and recovered to AED 70,189 by August 2022.
  • At AED 70,189 a year the gross yield on the 2023 price is 4.4%, before a service charge of about AED 19,200 a year (AED 21.00 per sqft).
  • One-beds in Burj Lofts West sold for AED 1,675,000–2,215,000 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 December 2023.

Questions about 1005, Burj Lofts West

What did unit 1005 last sell for?

AED 1,610,000 on 1 December 2023: AED 1,758 per sqft for 916 sqft. The unit has 2 registered sales; the first was AED 1,338,888 in July 2013.

What is the rent for unit 1005?

AED 70,189 a year on the contract renewed on 5 August 2022. The previous contract, from August 2021, was AED 58,000; the unit has been rented since August 2013.

How big is unit 1005?

916 sqft (85.1 sqm): a one-bedroom apartment on the 10th floor of a 30-storey tower completed in 2009.

What is unit 1005 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 West sold for AED 1,675,000 to 2,215,000 in the last 12 months, around AED 2,225 per sqft.

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Mortgage on 1005, Burj Lofts West

Starts from the last sale price (AED 1.61M, 1 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,610,000
Deposit, UAE resident (20%)
AED 322,000
Deposit, non-resident (40%)
AED 644,000
Monthly over 25 years at 3.7%
AED 6,587

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