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2-bed · 1,241 sqftBurj Lofts West, Downtown Dubai · 17th floor · completed 2009

1703, Burj Lofts West

Sold prices and rental history: sold once, by the developer in December 2011, and rented once, from August 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1703 · DLD and Ejari recordsUpdated 26 August 2024
Last soldAED 1.48M25 December 2011
Current rentAED 200K /yr26 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1703, Burj Lofts West

What is 1703 worth today?

Last sold for AED 1,484,888 in 2011

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26 Aug 2024RentedNew contract
AED 200,000/yr12 months · AED 161 per sqft
25 Dec 2011Sold by developerReady
AED 1,484,888AED 1,196 per sqft

Source: Dubai Land Department. Updated 26 August 2024.

Key facts

Type
2-bed apartment
Size
1,241 sqft
Floor
17th of 30
Parking
B1 - 1028
Developer
Emaar
Completed
2009
Service charge
AED 26,100 /yr
Last sold
AED 1.48M · December 2011
Building
Burj Lofts West

About 1703, Burj Lofts West

1703 is a two-bedroom apartment of 1,241 sqft on the 17th floor of Burj Lofts West, a 30-storey tower in Downtown Dubai completed in 2009 by Emaar. The developer sold it on 25 December 2011 for AED 1,484,888, or AED 1,196 per sqft, 12% below the AED 1,356 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 26 August 2024. The current contract, signed on 26 August 2024, is AED 200,000 a year: a gross yield of 13.5% on the 2011 price, before the service charge of about AED 26,100 a year.

Sales and rents for 1703 over time

Sales
Unit 1703, 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, December 2011: AED 1,484,888 (AED 1,196 per sqft)

1703 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1703, each contractTypical two-bed in Burj Lofts West
100K150K200K2012201620202024Typical 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, August 2024: AED 200,000 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 1703 sits

All 87 2-beds →

1703 last sold in December 2011 at AED 1,196 per sqft, 12% below what two-beds in Burj Lofts West were fetching at the time (AED 1,356). 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. 1703's AED 200,000 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 17th floor

All 171 units in Burj Lofts West
Value
17012-bedAED 1.52M · Oct 2011
17022-bedAED 1.87M · Aug 2011
17041-bedAED 1.64M · Nov 2024
17051-bedAED 1.14M · Dec 2011
17061-bedAED 925K · Jul 2019

1703, Burj Lofts West in numbers

  • Sold once: by Emaar on 25 December 2011 for AED 1,484,888, or AED 1,196 per sqft.
  • Rented since August 2024 on one Ejari contract, at AED 200,000 a year.
  • At AED 200,000 a year the gross yield on the 2011 price is 13.5%, 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 26 August 2024.

Questions about 1703, Burj Lofts West

What did unit 1703 last sell for?

AED 1,484,888 on 25 December 2011, sold by the developer: AED 1,196 per sqft for 1,241 sqft. It is the only registered sale of the unit.

What is the rent for unit 1703?

AED 200,000 a year on the contract signed on 26 August 2024.

How big is unit 1703?

1,241 sqft (115.3 sqm): a two-bedroom apartment on the 17th floor of a 30-storey tower completed in 2009.

What is unit 1703 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 1703, Burj Lofts West

Starts from the last sale price (AED 1.48M, 25 December 2011). Switch to today's estimate once you have unlocked it.
Price
AED 1,484,888
Deposit, UAE resident (20%)
AED 296,978
Deposit, non-resident (40%)
AED 593,955
Monthly over 25 years at 3.7%
AED 6,075

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