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2-bed · 1,297 sqftBurj Lofts West, Downtown Dubai · 12th floor · completed 2009

1201, Burj Lofts West

Sold prices and rental history: sold once, by the developer in September 2011, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1201 · DLD and Ejari recordsUpdated 8 July 2023
Last soldAED 1.6M25 September 2011
Current rentAED 150K /yr8 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1201, Burj Lofts West

What is 1201 worth today?

Last sold for AED 1,600,000 in 2011

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8 Jul 2023RentedNew contract
AED 150,000/yr12 months · AED 115 per sqft
8 Nov 2020RentedNew contract
AED 100,000/yr12 months · AED 77 per sqft
25 Sep 2011Sold by developerReady
AED 1,600,000AED 1,233 per sqft

Source: Dubai Land Department. Updated 8 July 2023.

Key facts

Type
2-bed apartment
Size
1,297 sqft
Floor
12th of 30
Parking
B1 - 1080
Developer
Emaar
Completed
2009
Service charge
AED 27,200 /yr
Last sold
AED 1.6M · September 2011
Building
Burj Lofts West

About 1201, Burj Lofts West

1201 is a two-bedroom apartment of 1,297 sqft on the 12th floor of Burj Lofts West, a 30-storey tower in Downtown Dubai completed in 2009 by Emaar. The developer sold it on 25 September 2011 for AED 1,600,000, or AED 1,233 per sqft, 6% below the AED 1,305 two-beds in the building were fetching at the time.

It has been rented since 2020 on 2 Ejari contracts. The current contract, signed on 8 July 2023, is AED 150,000 a year: a gross yield of 9.4% on the 2011 price, before the service charge of about AED 27,200 a year.

Sales and rents for 1201 over time

Sales
Unit 1201, each saleTypical two-bed in Burj Lofts West
2M3M2010201520202025Typical 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, September 2011: AED 1,600,000 (AED 1,233 per sqft)

1201 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1201, 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 2020: AED 100,000 a yearNew contract, July 2023: AED 150,000 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 1201 sits

All 87 2-beds →

1201 last sold in September 2011 at AED 1,233 per sqft, 6% below what two-beds in Burj Lofts West were fetching at the time (AED 1,305). 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. 1201's AED 150,000 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 12th floor

All 171 units in Burj Lofts West
Value
12022-bedAED 1.83M · Sep 2011
12032-bedAED 3.55M · Nov 2011
12061-bedAED 1.43M · Feb 2024

1201, Burj Lofts West in numbers

  • Sold once: by Emaar on 25 September 2011 for AED 1,600,000, or AED 1,233 per sqft.
  • Rented since November 2020 on 2 Ejari contracts, from AED 100,000 to AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2011 price is 9.4%, 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 8 July 2023.

Questions about 1201, Burj Lofts West

What did unit 1201 last sell for?

AED 1,600,000 on 25 September 2011, sold by the developer: AED 1,233 per sqft for 1,297 sqft. It is the only registered sale of the unit.

What is the rent for unit 1201?

AED 150,000 a year on the contract signed on 8 July 2023. The previous contract, from November 2020, was AED 100,000.

How big is unit 1201?

1,297 sqft (120.5 sqm): a two-bedroom apartment on the 12th floor of a 30-storey tower completed in 2009.

What is unit 1201 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 1201, Burj Lofts West

Starts from the last sale price (AED 1.6M, 25 September 2011). Switch to today's estimate once you have unlocked it.
Price
AED 1,600,000
Deposit, UAE resident (20%)
AED 320,000
Deposit, non-resident (40%)
AED 640,000
Monthly over 25 years at 3.7%
AED 6,546

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