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2-bed · 1,433 sqftBurj Lofts West, Downtown Dubai · 15th floor · completed 2009

1502, Burj Lofts West

Sold prices and rental history: sold twice, last in January 2017, and rented once, from January 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1502 · DLD and Ejari recordsUpdated 28 January 2017
Last soldAED 2.62M10 January 2017
Current rentAED 145K /yr28 January 2017
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1502, Burj Lofts West

What is 1502 worth today?

Last sold for AED 2,623,000 in 2017

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28 Jan 2017RentedNew contract
AED 145,000/yr6 months · AED 101 per sqft
10 Jan 2017SoldReady
AED 2,623,000AED 1,829 per sqft
7 Jun 2010Sold by developerReady
AED 2,688,888AED 1,875 per sqft

Source: Dubai Land Department. Updated 28 January 2017.

Key facts

Type
2-bed apartment
Size
1,433 sqft
Floor
15th of 30
Parking
P - 21
Developer
Emaar
Completed
2009
Service charge
AED 30,100 /yr
Last sold
AED 2.62M · January 2017
Building
Burj Lofts West

About 1502, Burj Lofts West

1502 is a two-bedroom apartment of 1,433 sqft on the 15th floor of Burj Lofts West, a 30-storey tower in Downtown Dubai completed in 2009 by Emaar. It last sold on 10 January 2017 for AED 2,623,000, or AED 1,829 per sqft, in line with the AED 1,787 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 28 January 2017. The current contract, signed on 28 January 2017, is AED 145,000 a year: a gross yield of 5.5% on the 2017 price, before the service charge of about AED 30,100 a year.

Sales and rents for 1502 over time

Sales
Unit 1502, 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, June 2010: AED 2,688,888 (AED 1,875 per sqft)Sold, January 2017: AED 2,623,000 (AED 1,829 per sqft)

1502 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1502, 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 2017: AED 145,000 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 1502 sits

All 87 2-beds →

1502 last sold in January 2017 at AED 1,829 per sqft, in line with what two-beds in Burj Lofts West were fetching at the time (AED 1,787). 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. 1502's AED 145,000 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 15th floor

All 171 units in Burj Lofts West
Value
15012-bedAED 2M · Aug 2022
15032-bedAED 2.03M · Nov 2012
15041-bedAED 1.78M · May 2024
15051-bedAED 860K · Jun 2020
15061-bedAED 1.95M · May 2025

1502, Burj Lofts West in numbers

  • Sold twice: first on 7 June 2010 for AED 2,688,888, last on 10 January 2017 for AED 2,623,000 (AED 1,829 per sqft).
  • Rented since January 2017 on one Ejari contract, at AED 145,000 a year.
  • At AED 145,000 a year the gross yield on the 2017 price is 5.5%, before a service charge of about AED 30,100 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 January 2017.

Questions about 1502, Burj Lofts West

What did unit 1502 last sell for?

AED 2,623,000 on 10 January 2017: AED 1,829 per sqft for 1,433 sqft. The unit has 2 registered sales; the first was AED 2,688,888 in June 2010.

What is the rent for unit 1502?

AED 145,000 a year on the contract signed on 28 January 2017.

How big is unit 1502?

1,433 sqft (133.1 sqm): a two-bedroom apartment on the 15th floor of a 30-storey tower completed in 2009.

What is unit 1502 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 1502, Burj Lofts West

Starts from the last sale price (AED 2.62M, 10 January 2017). Switch to today's estimate once you have unlocked it.
Price
AED 2,623,000
Deposit, UAE resident (20%)
AED 524,600
Deposit, non-resident (40%)
AED 1,049,200
Monthly over 25 years at 3.7%
AED 10,732

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