2-bed · 1,297 sqftBurj Lofts West, Downtown Dubai · 11th floor · completed 2009

1101, Burj Lofts West

Sold prices and rental history: sold 3 times, last in July 2014, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1101 · DLD and Ejari recordsUpdated 18 June 2018
Last soldAED 3.6M3 July 2014
Current rentAED 125K /yr18 June 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1101, Burj Lofts West

What is 1101 worth today?

Last sold for AED 3,600,000 in 2014

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18 Jun 2018RentedNew contract
AED 125,000/yr12 months · AED 96 per sqft
25 Dec 2016RentedNew contract
AED 150,000/yr12 months · AED 115 per sqft
3 Jul 2014SoldReady
AED 3,600,000AED 2,775 per sqft
8 Feb 2014RentedNew contract
AED 155,000/yr12 months · AED 119 per sqft
26 Jun 2013SoldReady
AED 2,500,000AED 1,927 per sqft
22 May 2013Sold by developerReady
AED 1,245,444AED 960 per sqft

Source: Dubai Land Department. Updated 18 June 2018.

Key facts

Type
2-bed apartment
Size
1,297 sqft
Floor
11th of 30
Parking
B1- 1079
Developer
Emaar
Completed
2009
Service charge
AED 27,200 /yr
Last sold
AED 3.6M · July 2014

About 1101, Burj Lofts West

1101 is a two-bedroom apartment of 1,297 sqft on the 11th floor of Burj Lofts West, a 30-storey tower in Downtown Dubai completed in 2009 by Emaar. It last sold on 3 July 2014 for AED 3,600,000, or AED 2,775 per sqft, 37% above the AED 2,023 two-beds in the building were fetching at the time.

It has been rented since 2014 on 3 Ejari contracts. The current contract, signed on 18 June 2018, is AED 125,000 a year: a gross yield of 3.5% on the 2014 price, before the service charge of about AED 27,200 a year.

Sales and rents for 1101 over time

Sales
Unit 1101, each saleTypical two-bed in Burj Lofts West
2M4M2010201520202025Typical 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 2013: AED 1,245,444 (AED 960 per sqft)Sold, June 2013: AED 2,500,000 (AED 1,927 per sqft)Sold, July 2014: AED 3,600,000 (AED 2,775 per sqft)

1101 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1101, 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, February 2014: AED 155,000 a yearNew contract, December 2016: AED 150,000 a yearNew contract, June 2018: AED 125,000 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 1101 sits

All 87 2-beds →

1101 last sold in July 2014 at AED 2,775 per sqft, 37% above what two-beds in Burj Lofts West were fetching at the time (AED 2,023). 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. 1101's AED 125,000 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 11th floor

All 171 units in Burj Lofts West
Value
11022-bedAED 2.78M · May 2010
11032-bedAED 2.04M · Jul 2010
11041-bedAED 1.3M · Jul 2010
11051-bedAED 1.17M · Dec 2021
11061-bedAED 1.17M · Jan 2013

1101, Burj Lofts West in numbers

  • Sold 3 times: first on 22 May 2013 for AED 1,245,444, last on 3 July 2014 for AED 3,600,000 (AED 2,775 per sqft).
  • Rented since February 2014 on 3 Ejari contracts, from AED 155,000 to AED 125,000 a year.
  • At AED 125,000 a year the gross yield on the 2014 price is 3.5%, 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 18 June 2018.

Questions about 1101, Burj Lofts West

What did unit 1101 last sell for?

AED 3,600,000 on 3 July 2014: AED 2,775 per sqft for 1,297 sqft. The unit has 3 registered sales; the first was AED 1,245,444 in May 2013.

What is the rent for unit 1101?

AED 125,000 a year on the contract signed on 18 June 2018. The previous contract, from December 2016, was AED 150,000; the unit has been rented since February 2014.

How big is unit 1101?

1,297 sqft (120.5 sqm): a two-bedroom apartment on the 11th floor of a 30-storey tower completed in 2009.

What is unit 1101 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 1101, Burj Lofts West

Starts from the last sale price (AED 3.6M, 3 July 2014). Switch to today's estimate once you have unlocked it.
Price
AED 3,600,000
Deposit, UAE resident (20%)
AED 720,000
Deposit, non-resident (40%)
AED 1,440,000
Monthly over 25 years at 3.7%
AED 14,729

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