2-bed · 1,241 sqftBurj Lofts West, Downtown Dubai · 14th floor · completed 2009

1403, Burj Lofts West

Sold prices and rental history: sold twice, last in September 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1403 · DLD and Ejari recordsUpdated 28 September 2023
Last soldAED 1.97M28 September 2023
Current rentAED 137K /yr14 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1403, Burj Lofts West

What is 1403 worth today?

Last sold for AED 1,970,000 in 2023

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28 Sep 2023SoldReady
AED 1,970,000AED 1,587 per sqft
14 Feb 2023RentedNew contract
AED 137,000/yr12 months · AED 111 per sqft
27 Nov 2021RentedNew contract
AED 105,000/yr12 months · AED 85 per sqft
25 Sep 2021RentedNew contract
AED 90,000/yr12 months · AED 73 per sqft
28 Sep 2019RentedNew contract
AED 98,000/yr12 months · AED 79 per sqft
6 Jul 2018RentedNew contract
AED 115,000/yr12 months · AED 93 per sqft
5 Mar 2017RentedRenewal
AED 130,000/yr12 months · AED 105 per sqft
5 Mar 2016RentedNew contract
AED 135,000/yr12 months · AED 109 per sqft

Source: Dubai Land Department. Updated 28 September 2023.

Key facts

Type
2-bed apartment
Size
1,241 sqft
Floor
14th of 30
Parking
B1 - 1053
Developer
Emaar
Completed
2009
Service charge
AED 26,100 /yr
Last sold
AED 1.97M · September 2023

About 1403, Burj Lofts West

1403 is a two-bedroom apartment of 1,241 sqft on the 14th floor of Burj Lofts West, a 30-storey tower in Downtown Dubai completed in 2009 by Emaar. It last sold on 28 September 2023 for AED 1,970,000, or AED 1,587 per sqft, 6% below the AED 1,692 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, signed on 14 February 2023, is AED 137,000 a year: a gross yield of 7.0% on the 2023 price, before the service charge of about AED 26,100 a year.

Sales and rents for 1403 over time

Sales
Unit 1403, each saleTypical two-bed in Burj Lofts West
1M2M3M2010201520202025Typical 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, April 2011: AED 1,060,944 (AED 854 per sqft)Sold, September 2023: AED 1,970,000 (AED 1,587 per sqft)

1403 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1403, 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, June 2014: AED 132,825 a yearNew contract, March 2016: AED 135,000 a yearRenewal, March 2017: AED 130,000 a yearNew contract, July 2018: AED 115,000 a yearNew contract, September 2019: AED 98,000 a yearNew contract, September 2021: AED 90,000 a yearNew contract, November 2021: AED 105,000 a yearNew contract, February 2023: AED 137,000 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 1403 sits

All 87 2-beds →

1403 last sold in September 2023 at AED 1,587 per sqft, 6% below what two-beds in Burj Lofts West were fetching at the time (AED 1,692). 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. 1403's AED 137,000 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 126K /yr
Typical yield
6.1%
Burj Lofts West, Downtown Dubai: prices, sales and rents →

Other units on the 14th floor

All 171 units in Burj Lofts West
Value
14012-bedAED 1.5M · Jun 2011
14022-bedAED 2.81M · Feb 2011
14041-bedAED 1.22M · Aug 2022
14051-bedAED 1.9M · Aug 2025
14061-bedAED 1.19M · May 2010

1403, Burj Lofts West in numbers

  • Sold twice: first on 11 April 2011 for AED 1,060,944, last on 28 September 2023 for AED 1,970,000 (AED 1,587 per sqft).
  • Rented since June 2014 on 8 Ejari contracts. The rent fell from AED 132,825 to AED 90,000 in 2021 and recovered to AED 137,000 by February 2023.
  • At AED 137,000 a year the gross yield on the 2023 price is 7.0%, before a service charge of about AED 26,100 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 28 September 2023.

Questions about 1403, Burj Lofts West

What did unit 1403 last sell for?

AED 1,970,000 on 28 September 2023: AED 1,587 per sqft for 1,241 sqft. The unit has 2 registered sales; the first was AED 1,060,944 in April 2011.

What is the rent for unit 1403?

AED 137,000 a year on the contract signed on 14 February 2023. The previous contract, from November 2021, was AED 105,000; the unit has been rented since June 2014.

How big is unit 1403?

1,241 sqft (115.3 sqm): a two-bedroom apartment on the 14th floor of a 30-storey tower completed in 2009.

What is unit 1403 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 1403, Burj Lofts West

Starts from the last sale price (AED 1.97M, 28 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,970,000
Deposit, UAE resident (20%)
AED 394,000
Deposit, non-resident (40%)
AED 788,000
Monthly over 25 years at 3.7%
AED 8,060

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