1-bed · 745 sqftBurj Lofts West, Downtown Dubai · 10th floor · completed 2009

1006, Burj Lofts West

Sold prices and rental history: sold twice, last in December 2020, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1006 · DLD and Ejari recordsUpdated 15 December 2022
Last soldAED 800K24 December 2020
Current rentAED 95K /yr15 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1006, Burj Lofts West

What is 1006 worth today?

Last sold for AED 800,000 in 2020

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15 Dec 2022RentedNew contract
AED 95,000/yr12 months · AED 128 per sqft
24 Dec 2020SoldReady
AED 800,000AED 1,073 per sqft
11 Apr 2020RentedNew contract
AED 60,000/yr12 months · AED 81 per sqft
28 Feb 2017RentedNew contract
AED 100,000/yr12 months · AED 135 per sqft
10 Mar 2016RentedNew contract
AED 102,000/yr12 months · AED 137 per sqft
10 Mar 2015RentedNew contract
AED 110,000/yr12 months · AED 148 per sqft
10 Mar 2014RentedNew contract
AED 110,000/yr12 months · AED 148 per sqft
6 Feb 2011Sold by developerReady
AED 581,444AED 780 per sqft

Source: Dubai Land Department. Updated 15 December 2022.

Key facts

Type
1-bed apartment
Size
745 sqft
Floor
10th of 30
Parking
B3 - 3022
Developer
Emaar
Completed
2009
Service charge
AED 15,600 /yr
Last sold
AED 800K · December 2020

About 1006, Burj Lofts West

1006 is a one-bedroom apartment of 745 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 24 December 2020 for AED 800,000, or AED 1,073 per sqft, 14% above the AED 939 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, signed on 15 December 2022, is AED 95,000 a year: a gross yield of 11.9% on the 2020 price, before the service charge of about AED 15,600 a year.

Sales and rents for 1006 over time

Sales
Unit 1006, 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, February 2011: AED 581,444 (AED 780 per sqft)Sold, December 2020: AED 800,000 (AED 1,073 per sqft)

1006 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1006, each contractTypical one-bed in Burj Lofts West
75K100K2012201620202024Typical 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, March 2014: AED 110,000 a yearNew contract, March 2015: AED 110,000 a yearNew contract, March 2016: AED 102,000 a yearNew contract, February 2017: AED 100,000 a yearNew contract, April 2020: AED 60,000 a yearNew contract, December 2022: AED 95,000 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 West, and where 1006 sits

All 83 1-beds →

1006 last sold in December 2020 at AED 1,073 per sqft, 14% above what one-beds in Burj Lofts West were fetching at the time (AED 939). 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. 1006's AED 95,000 is in the lower half 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
10051-bedAED 1.61M · Dec 2023

1006, Burj Lofts West in numbers

  • Sold twice: first on 6 February 2011 for AED 581,444, last on 24 December 2020 for AED 800,000 (AED 1,073 per sqft).
  • Rented since March 2014 on 6 Ejari contracts. The rent fell from AED 110,000 to AED 60,000 in 2020 and recovered to AED 95,000 by December 2022.
  • At AED 95,000 a year the gross yield on the 2020 price is 11.9%, before a service charge of about AED 15,600 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 15 December 2022.

Questions about 1006, Burj Lofts West

What did unit 1006 last sell for?

AED 800,000 on 24 December 2020: AED 1,073 per sqft for 745 sqft. The unit has 2 registered sales; the first was AED 581,444 in February 2011.

What is the rent for unit 1006?

AED 95,000 a year on the contract signed on 15 December 2022. The previous contract, from April 2020, was AED 60,000; the unit has been rented since March 2014.

How big is unit 1006?

745 sqft (69.2 sqm): a one-bedroom apartment on the 10th floor of a 30-storey tower completed in 2009.

What is unit 1006 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 1006, Burj Lofts West

Starts from the last sale price (AED 800K, 24 December 2020). Switch to today's estimate once you have unlocked it.
Price
AED 800,000
Deposit, UAE resident (20%)
AED 160,000
Deposit, non-resident (40%)
AED 320,000
Monthly over 25 years at 3.7%
AED 3,273

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