1-bed · 884 sqftBurj Lofts West, Downtown Dubai · 15th floor · completed 2009

1504, Burj Lofts West

Sold prices and rental history: sold 4 times, last in May 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1504 · DLD and Ejari recordsUpdated 13 May 2024
Last soldAED 1.78M13 May 2024
Current rentAED 83K /yr15 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1504, Burj Lofts West

What is 1504 worth today?

Last sold for AED 1,780,000 in 2024

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13 May 2024SoldReady
AED 1,780,000AED 2,013 per sqft
31 May 2023SoldReady
AED 1,250,000AED 1,413 per sqft
15 Apr 2023RentedRenewal
AED 82,950/yr12 months · AED 94 per sqft
15 Apr 2022RentedNew contract
AED 79,000/yr12 months · AED 90 per sqft
1 Aug 2019RentedNew contract
AED 72,000/yr12 months · AED 82 per sqft
30 Oct 2018SoldReady
AED 1,014,665AED 1,147 per sqft
2 Feb 2018RentedNew contract
AED 92,500/yr12 months · AED 105 per sqft
12 Oct 2011Sold by developerReady
AED 1,324,888AED 1,498 per sqft

Source: Dubai Land Department. Updated 13 May 2024.

Key facts

Type
1-bed apartment
Size
884 sqft
Floor
15th of 30
Parking
B2 - 2032
Developer
Emaar
Completed
2009
Service charge
AED 18,600 /yr
Last sold
AED 1.78M · May 2024

About 1504, Burj Lofts West

1504 is a one-bedroom apartment of 884 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 13 May 2024 for AED 1,780,000, or AED 2,013 per sqft, 5% above the AED 1,915 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, renewed on 15 April 2023, is AED 82,950 a year: a gross yield of 4.7% on the 2024 price, before the service charge of about AED 18,600 a year.

Sales and rents for 1504 over time

Sales
Unit 1504, each saleTypical one-bed in Burj Lofts West
1M2M2010201520202025Typical sale price by year: 2010 AED 1,246,388; 2011 AED 1,229,388; 2012 AED 1,230,888; 2013 AED 1,394,944; 2014 AED 1,700,000; 2015 AED 1,433,888; 2016 AED 1,650,000; 2017 AED 1,275,000; 2018 AED 1,042,333; 2020 AED 850,000; 2021 AED 1,035,000; 2022 AED 1,157,500; 2023 AED 1,500,000; 2024 AED 1,609,000; 2025 AED 1,800,000; 2026 AED 1,967,500Sold by developer, October 2011: AED 1,324,888 (AED 1,498 per sqft)Sold, October 2018: AED 1,014,665 (AED 1,147 per sqft)Sold, May 2023: AED 1,250,000 (AED 1,413 per sqft)Sold, May 2024: AED 1,780,000 (AED 2,013 per sqft)

1504 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1504, each contractTypical one-bed in Burj Lofts West
75K100K2012201620202024Typical rent by year: 2012 AED 75,000; 2013 AED 82,000; 2014 AED 100,000; 2015 AED 103,035; 2016 AED 100,000; 2017 AED 95,000; 2018 AED 89,759; 2019 AED 75,000; 2020 AED 65,000; 2021 AED 64,444; 2022 AED 78,750; 2023 AED 95,000; 2024 AED 110,000; 2025 AED 115,000; 2026 AED 110,000New contract, February 2018: AED 92,500 a yearNew contract, August 2019: AED 72,000 a yearNew contract, April 2022: AED 79,000 a yearRenewal, April 2023: AED 82,950 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Burj Lofts West, and where 1504 sits

All 83 1-beds →

1504 last sold in May 2024 at AED 2,013 per sqft, 5% above what one-beds in Burj Lofts West were fetching at the time (AED 1,915). Over the last 12 months one-beds sold for AED 1,675,000 to 2,215,000, around AED 2,225 per sqft, and rent for AED 80,000 to 170,000 a year. 1504's AED 82,950 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
11 Aug 202611,783
4 Aug 20261,675,000
27 Jul 202615,249
18 Jun 20261,735,000
8 1-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 15th floor

All 171 units in Burj Lofts West
Value
15012-bedAED 2M · Aug 2022
15022-bedAED 2.62M · Jan 2017
15032-bedAED 2.03M · Nov 2012
15051-bedAED 860K · Jun 2020
15061-bedAED 1.95M · May 2025

1504, Burj Lofts West in numbers

  • Sold 4 times: first on 12 October 2011 for AED 1,324,888, last on 13 May 2024 for AED 1,780,000 (AED 2,013 per sqft).
  • Rented since February 2018 on 4 Ejari contracts. The rent fell from AED 92,500 to AED 72,000 in 2019 and recovered to AED 82,950 by April 2023.
  • At AED 82,950 a year the gross yield on the 2024 price is 4.7%, before a service charge of about AED 18,600 a year (AED 21.00 per sqft).
  • One-beds in Burj Lofts West sold for AED 1,675,000–2,215,000 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 13 May 2024.

Questions about 1504, Burj Lofts West

What did unit 1504 last sell for?

AED 1,780,000 on 13 May 2024: AED 2,013 per sqft for 884 sqft. The unit has 4 registered sales; the first was AED 1,324,888 in October 2011.

What is the rent for unit 1504?

AED 82,950 a year on the contract renewed on 15 April 2023. The previous contract, from April 2022, was AED 79,000; the unit has been rented since February 2018.

How big is unit 1504?

884 sqft (82.1 sqm): a one-bedroom apartment on the 15th floor of a 30-storey tower completed in 2009.

What is unit 1504 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Burj Lofts West sold for AED 1,675,000 to 2,215,000 in the last 12 months, around AED 2,225 per sqft.

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Mortgage on 1504, Burj Lofts West

Starts from the last sale price (AED 1.78M, 13 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,780,000
Deposit, UAE resident (20%)
AED 356,000
Deposit, non-resident (40%)
AED 712,000
Monthly over 25 years at 3.7%
AED 7,283

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