2-bed · 1,297 sqftBurj Lofts West, Downtown Dubai · 13th floor · completed 2009

1301, Burj Lofts West

Sold prices and rental history: sold 3 times, last in May 2018, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1301 · DLD and Ejari recordsUpdated 15 May 2018
Last soldAED 2.31M15 May 2018
Current rentAED 135K /yr9 January 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1301, Burj Lofts West

What is 1301 worth today?

Last sold for AED 2,310,000 in 2018

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15 May 2018SoldReady
AED 2,310,000AED 1,780 per sqft
26 Apr 2017SoldReady
AED 1,700,000AED 1,310 per sqft
9 Jan 2017RentedNew contract
AED 135,000/yr12 months · AED 104 per sqft
9 Jul 2016RentedRenewal
AED 152,250/yr6 months · AED 117 per sqft
9 Jan 2016RentedRenewal
AED 152,250/yr6 months · AED 117 per sqft
9 Jan 2015RentedNew contract
AED 145,000/yr12 months · AED 111 per sqft
9 Jan 2014RentedNew contract
AED 140,000/yr12 months · AED 107 per sqft
13 May 2010Sold by developerReady
AED 2,322,091AED 1,790 per sqft

Source: Dubai Land Department. Updated 15 May 2018.

Key facts

Type
2-bed apartment
Size
1,297 sqft
Floor
13th of 30
Parking
B1 - 1081
Developer
Emaar
Completed
2009
Service charge
AED 27,200 /yr
Last sold
AED 2.31M · May 2018

About 1301, Burj Lofts West

1301 is a two-bedroom apartment of 1,297 sqft on the 13th floor of Burj Lofts West, a 30-storey tower in Downtown Dubai completed in 2009 by Emaar. It last sold on 15 May 2018 for AED 2,310,000, or AED 1,780 per sqft, in line with the AED 1,735 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, signed on 9 January 2017, is AED 135,000 a year: a gross yield of 5.8% on the 2018 price, before the service charge of about AED 27,200 a year.

Sales and rents for 1301 over time

Sales
Unit 1301, 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, May 2010: AED 2,322,091 (AED 1,790 per sqft)Sold, April 2017: AED 1,700,000 (AED 1,310 per sqft)Sold, May 2018: AED 2,310,000 (AED 1,780 per sqft)

1301 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1301, 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, January 2014: AED 140,000 a yearNew contract, January 2015: AED 145,000 a yearRenewal, January 2016: AED 152,250 a yearRenewal, July 2016: AED 152,250 a yearNew contract, January 2017: AED 135,000 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 1301 sits

All 87 2-beds →

1301 last sold in May 2018 at AED 1,780 per sqft, in line with what two-beds in Burj Lofts West were fetching at the time (AED 1,735). 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. 1301's AED 135,000 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 13th floor

All 171 units in Burj Lofts West
Value
13022-bedAED 2.55M · Jul 2023
13032-bedAED 2.1M · Jul 2017
13041-bedAED 1.4M · Sep 2017
13051-bedAED 1.5M · Mar 2017
13061-bedAED 1.02M · Dec 2021

1301, Burj Lofts West in numbers

  • Sold 3 times: first on 13 May 2010 for AED 2,322,091, last on 15 May 2018 for AED 2,310,000 (AED 1,780 per sqft).
  • Rented since January 2014 on 5 Ejari contracts, from AED 140,000 to AED 135,000 a year.
  • At AED 135,000 a year the gross yield on the 2018 price is 5.8%, 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 15 May 2018.

Questions about 1301, Burj Lofts West

What did unit 1301 last sell for?

AED 2,310,000 on 15 May 2018: AED 1,780 per sqft for 1,297 sqft. The unit has 3 registered sales; the first was AED 2,322,091 in May 2010.

What is the rent for unit 1301?

AED 135,000 a year on the contract signed on 9 January 2017. The previous contract, from July 2016, was AED 152,250; the unit has been rented since January 2014.

How big is unit 1301?

1,297 sqft (120.5 sqm): a two-bedroom apartment on the 13th floor of a 30-storey tower completed in 2009.

What is unit 1301 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 1301, Burj Lofts West

Starts from the last sale price (AED 2.31M, 15 May 2018). Switch to today's estimate once you have unlocked it.
Price
AED 2,310,000
Deposit, UAE resident (20%)
AED 462,000
Deposit, non-resident (40%)
AED 924,000
Monthly over 25 years at 3.7%
AED 9,451

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