1-bed · 916 sqftBurj Lofts West, Downtown Dubai · 17th floor · completed 2009

1705, Burj Lofts West

Sold prices and rental history: sold once, by the developer in December 2011, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1705 · DLD and Ejari recordsUpdated 10 August 2020
Last soldAED 1.14M14 December 2011
Current rentAED 75K /yr10 August 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1705, Burj Lofts West

What is 1705 worth today?

Last sold for AED 1,142,888 in 2011

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10 Aug 2020RentedNew contract
AED 75,000/yr12 months · AED 82 per sqft
10 Aug 2018RentedNew contract
AED 82,000/yr12 months · AED 90 per sqft
1 Aug 2013RentedNew contract
AED 90,000/yr12 months · AED 98 per sqft
14 Dec 2011Sold by developerReady
AED 1,142,888AED 1,248 per sqft

Source: Dubai Land Department. Updated 10 August 2020.

Key facts

Type
1-bed apartment
Size
916 sqft
Floor
17th of 30
Parking
B2 - 2018
Developer
Emaar
Completed
2009
Service charge
AED 19,200 /yr
Last sold
AED 1.14M · December 2011

About 1705, Burj Lofts West

1705 is a one-bedroom apartment of 916 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 14 December 2011 for AED 1,142,888, or AED 1,248 per sqft, 17% below the AED 1,503 one-beds in the building were fetching at the time.

It has been rented since 2013 on 3 Ejari contracts. The current contract, signed on 10 August 2020, is AED 75,000 a year: a gross yield of 6.6% on the 2011 price, before the service charge of about AED 19,200 a year.

Sales and rents for 1705 over time

Sales
Unit 1705, 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, December 2011: AED 1,142,888 (AED 1,248 per sqft)

1705 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1705, 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, August 2013: AED 90,000 a yearNew contract, August 2018: AED 82,000 a yearNew contract, August 2020: AED 75,000 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 1705 sits

All 83 1-beds →

1705 last sold in December 2011 at AED 1,248 per sqft, 17% below what one-beds in Burj Lofts West were fetching at the time (AED 1,503). 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. 1705's AED 75,000 is at the bottom 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 17th floor

All 171 units in Burj Lofts West
Value
17012-bedAED 1.52M · Oct 2011
17022-bedAED 1.87M · Aug 2011
17032-bedAED 1.48M · Dec 2011
17041-bedAED 1.64M · Nov 2024
17061-bedAED 925K · Jul 2019

1705, Burj Lofts West in numbers

  • Sold once: by Emaar on 14 December 2011 for AED 1,142,888, or AED 1,248 per sqft.
  • Rented since August 2013 on 3 Ejari contracts, from AED 90,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2011 price is 6.6%, before a service charge of about AED 19,200 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 10 August 2020.

Questions about 1705, Burj Lofts West

What did unit 1705 last sell for?

AED 1,142,888 on 14 December 2011, sold by the developer: AED 1,248 per sqft for 916 sqft. It is the only registered sale of the unit.

What is the rent for unit 1705?

AED 75,000 a year on the contract signed on 10 August 2020. The previous contract, from August 2018, was AED 82,000; the unit has been rented since August 2013.

How big is unit 1705?

916 sqft (85.1 sqm): a one-bedroom apartment on the 17th floor of a 30-storey tower completed in 2009.

What is unit 1705 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 1705, Burj Lofts West

Starts from the last sale price (AED 1.14M, 14 December 2011). Switch to today's estimate once you have unlocked it.
Price
AED 1,142,888
Deposit, UAE resident (20%)
AED 228,578
Deposit, non-resident (40%)
AED 457,155
Monthly over 25 years at 3.7%
AED 4,676

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