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1-bed · 745 sqftBurj Lofts West, Downtown Dubai · 17th floor · completed 2009

1706, Burj Lofts West

Sold prices and rental history: sold once, by the developer in July 2019, and rented once, from May 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1706 · DLD and Ejari recordsUpdated 9 July 2019
Last soldAED 925K9 July 2019
Current rentAED 100K /yr10 May 2015
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1706, Burj Lofts West

What is 1706 worth today?

Last sold for AED 925,000 in 2019

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9 Jul 2019Sold by developerReady
AED 925,000AED 1,241 per sqft
10 May 2015RentedNew contract
AED 100,000/yr12 months · AED 135 per sqft

Source: Dubai Land Department. Updated 9 July 2019.

Key facts

Type
1-bed apartment
Size
745 sqft
Floor
17th of 30
Parking
B3 - 3014
Developer
Emaar
Completed
2009
Service charge
AED 15,600 /yr
Last sold
AED 925K · July 2019
Building
Burj Lofts West

About 1706, Burj Lofts West

1706 is a one-bedroom apartment of 745 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 9 July 2019 for AED 925,000, or AED 1,241 per sqft, 5% above the AED 1,179 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 10 May 2015. The current contract, signed on 10 May 2015, is AED 100,000 a year: a gross yield of 10.8% on the 2019 price, before the service charge of about AED 15,600 a year.

Sales and rents for 1706 over time

Sales
Unit 1706, 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, July 2019: AED 925,000 (AED 1,241 per sqft)

1706 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1706, 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, May 2015: AED 100,000 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 1706 sits

All 83 1-beds →

1706 last sold in July 2019 at AED 1,241 per sqft, 5% above what one-beds in Burj Lofts West were fetching at the time (AED 1,179). 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. 1706's AED 100,000 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 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
17051-bedAED 1.14M · Dec 2011

1706, Burj Lofts West in numbers

  • Sold once: by Emaar on 9 July 2019 for AED 925,000, or AED 1,241 per sqft.
  • Rented since May 2015 on one Ejari contract, at AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2019 price is 10.8%, before a service charge of about AED 15,600 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 9 July 2019.

Questions about 1706, Burj Lofts West

What did unit 1706 last sell for?

AED 925,000 on 9 July 2019, sold by the developer: AED 1,241 per sqft for 745 sqft. It is the only registered sale of the unit.

What is the rent for unit 1706?

AED 100,000 a year on the contract signed on 10 May 2015.

How big is unit 1706?

745 sqft (69.2 sqm): a one-bedroom apartment on the 17th floor of a 30-storey tower completed in 2009.

What is unit 1706 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 1706, Burj Lofts West

Starts from the last sale price (AED 925K, 9 July 2019). Switch to today's estimate once you have unlocked it.
Price
AED 925,000
Deposit, UAE resident (20%)
AED 185,000
Deposit, non-resident (40%)
AED 370,000
Monthly over 25 years at 3.7%
AED 3,784

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