2-bed · 1,433 sqftBurj Lofts West, Downtown Dubai · 18th floor · completed 2009

1802, Burj Lofts West

Sold prices and rental history: sold once, by the developer in January 2011, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1802 · DLD and Ejari recordsUpdated 1 April 2019
Last soldAED 2.66M24 January 2011
Current rentAED 105K /yr1 April 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1802, Burj Lofts West

What is 1802 worth today?

Last sold for AED 2,656,766 in 2011

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1 Apr 2019RentedRenewal
AED 105,000/yr12 months · AED 73 per sqft
1 Apr 2018RentedNew contract
AED 130,000/yr12 months · AED 91 per sqft
1 Apr 2017RentedNew contract
AED 140,000/yr12 months · AED 98 per sqft
20 Mar 2016RentedNew contract
AED 155,000/yr12 months · AED 108 per sqft
28 Feb 2015RentedNew contract
AED 165,000/yr12 months · AED 115 per sqft
20 Feb 2014RentedNew contract
AED 155,000/yr12 months · AED 108 per sqft
24 Jan 2011Sold by developerReady
AED 2,656,766AED 1,853 per sqft

Source: Dubai Land Department. Updated 1 April 2019.

Key facts

Type
2-bed apartment
Size
1,433 sqft
Floor
18th of 30
Parking
P - 18
Developer
Emaar
Completed
2009
Service charge
AED 30,100 /yr
Last sold
AED 2.66M · January 2011

About 1802, Burj Lofts West

1802 is a two-bedroom apartment of 1,433 sqft on the 18th floor of Burj Lofts West, a 30-storey tower in Downtown Dubai completed in 2009 by Emaar. The developer sold it on 24 January 2011 for AED 2,656,766, or AED 1,853 per sqft, 4% above the AED 1,788 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, renewed on 1 April 2019, is AED 105,000 a year: a gross yield of 4.0% on the 2011 price, before the service charge of about AED 30,100 a year.

Sales and rents for 1802 over time

Sales
Unit 1802, 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, January 2011: AED 2,656,766 (AED 1,853 per sqft)

1802 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1802, each contractTypical two-bed in Burj Lofts West
100K150K2012201620202024Typical 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, February 2014: AED 155,000 a yearNew contract, February 2015: AED 165,000 a yearNew contract, March 2016: AED 155,000 a yearNew contract, April 2017: AED 140,000 a yearNew contract, April 2018: AED 130,000 a yearRenewal, April 2019: AED 105,000 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 1802 sits

All 87 2-beds →

1802 last sold in January 2011 at AED 1,853 per sqft, 4% above what two-beds in Burj Lofts West were fetching at the time (AED 1,788). 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. 1802's AED 105,000 is at the bottom 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 126K /yr
Typical yield
6.1%
Burj Lofts West, Downtown Dubai: prices, sales and rents →

Other units on the 18th floor

All 171 units in Burj Lofts West
Value
18012-bedAED 2.38M · Jun 2010
18032-bedAED 2.1M · Mar 2019
18041-bedAED 1.51M · Mar 2013
18051-bedAED 1.56M · Jan 2011
18061-bedAED 1.7M · Feb 2024

1802, Burj Lofts West in numbers

  • Sold once: by Emaar on 24 January 2011 for AED 2,656,766, or AED 1,853 per sqft.
  • Rented since February 2014 on 6 Ejari contracts, from AED 155,000 to AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2011 price is 4.0%, before a service charge of about AED 30,100 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 1 April 2019.

Questions about 1802, Burj Lofts West

What did unit 1802 last sell for?

AED 2,656,766 on 24 January 2011, sold by the developer: AED 1,853 per sqft for 1,433 sqft. It is the only registered sale of the unit.

What is the rent for unit 1802?

AED 105,000 a year on the contract renewed on 1 April 2019. The previous contract, from April 2018, was AED 130,000; the unit has been rented since February 2014.

How big is unit 1802?

1,433 sqft (133.1 sqm): a two-bedroom apartment on the 18th floor of a 30-storey tower completed in 2009.

What is unit 1802 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 1802, Burj Lofts West

Starts from the last sale price (AED 2.66M, 24 January 2011). Switch to today's estimate once you have unlocked it.
Price
AED 2,656,766
Deposit, UAE resident (20%)
AED 531,353
Deposit, non-resident (40%)
AED 1,062,706
Monthly over 25 years at 3.7%
AED 10,870

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