1601, Burj Lofts West
Sold prices and rental history: sold twice, last in November 2012, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1601, Burj Lofts West
What is 1601 worth today?
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Source: Dubai Land Department. Updated 12 July 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,297 sqft
- Floor
- 16th of 30
- Parking
- B1 - 1025
- Developer
- Emaar
- Completed
- 2009
- Service charge
- AED 27,200 /yr
- Last sold
- AED 1.05M · November 2012
- Building
- Burj Lofts West
About 1601, Burj Lofts West
1601 is a two-bedroom apartment of 1,297 sqft on the 16th floor of Burj Lofts West, a 30-storey tower in Downtown Dubai completed in 2009 by Emaar. It last sold on 26 November 2012 for AED 1,050,000, or AED 809 per sqft, 51% below the AED 1,664 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, signed on 12 July 2024, is AED 145,000 a year: a gross yield of 13.8% on the 2012 price, before the service charge of about AED 27,200 a year.
Sales and rents for 1601 over time
1601 has sold twice; the dashed line is the two-bed median of each year in the building.
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 1601 sits
All 87 2-beds →1601 last sold in November 2012 at AED 809 per sqft, 51% below what two-beds in Burj Lofts West were fetching at the time (AED 1,664). 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. 1601's AED 145,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 19 Aug 202619 August 2026 | 1,433 sqft | 2,725,000 | 1,901 | ||
| 24 Apr 202624 April 2026 | 1,433 sqft | 3,100,000 | 2,162 | ||
| 6 Jan 20266 January 2026 | 1,433 sqft | 3,350,000 | 2,337 | ||
| 29 Dec 202529 December 2025 | 1,241 sqft | 2,525,000 | 2,034 |
Burj Lofts West
Building171 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%
Other units on the 16th floor
All 171 units in Burj Lofts West| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1602 | 2-bed | 1,433 sqft | AED 2.84MAED 2,837,888 · May 2010May 2010 | 140,000 /yr | |
| 1603 | 2-bed | 1,241 sqft | AED 2.14MAED 2,139,888 · Jan 2010January 2010 | 136,267 /yr | |
| 1604 | 1-bed | 884 sqft | AED 665KAED 664,944 · Jun 2010June 2010 | 108,000 /yr | |
| 1605 | 1-bed | 916 sqft | AED 1.5MAED 1,500,000 · Dec 2023December 2023 | 148,000 /yr | |
| 1606 | 1-bed | 745 sqft | AED 1.2MAED 1,202,888 · May 2012May 2012 | 125,000 /yr |
1601, Burj Lofts West in numbers
- Sold twice: first on 12 May 2010 for AED 1,273,444, last on 26 November 2012 for AED 1,050,000 (AED 809 per sqft).
- Rented since February 2013 on 5 Ejari contracts. The rent fell from AED 115,000 to AED 80,000 in 2020 and recovered to AED 145,000 by July 2024.
- At AED 145,000 a year the gross yield on the 2012 price is 13.8%, 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 12 July 2024.
Questions about 1601, Burj Lofts West
What did unit 1601 last sell for?
AED 1,050,000 on 26 November 2012: AED 809 per sqft for 1,297 sqft. The unit has 2 registered sales; the first was AED 1,273,444 in May 2010.
What is the rent for unit 1601?
AED 145,000 a year on the contract signed on 12 July 2024. The previous contract, from November 2022, was AED 88,000; the unit has been rented since February 2013.
How big is unit 1601?
1,297 sqft (120.5 sqm): a two-bedroom apartment on the 16th floor of a 30-storey tower completed in 2009.
What is unit 1601 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 1601, Burj Lofts West
Starts from the last sale price (AED 1.05M, 26 November 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 1,050,000
- Deposit, UAE resident (20%)
- AED 210,000
- Deposit, non-resident (40%)
- AED 420,000
- Monthly over 25 years at 3.7%
- AED 4,296
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →