2-bed · 1,436 sqftBurj Lofts West, Downtown Dubai · 2nd floor · completed 2009

202, Burj Lofts West

Sold prices and rental history: sold twice, last in September 2014, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 202 · DLD and Ejari recordsUpdated 1 July 2017
Last soldAED 2.91M18 September 2014
Current rentAED 195K /yr1 July 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 202, Burj Lofts West

What is 202 worth today?

Last sold for AED 2,912,000 in 2014

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1 Jul 2017RentedRenewal
AED 195,000/yr12 months · AED 136 per sqft
1 Jul 2016RentedNew contract
AED 190,000/yr12 months · AED 133 per sqft
18 Sep 2014SoldReady
AED 2,912,000AED 2,028 per sqft
20 Dec 2013RentedNew contract
AED 126,000/yr12 months · AED 88 per sqft
1 Nov 2012RentedNew contract
AED 105,000/yr12 months · AED 70 per sqft
3 Jun 2010Sold by developerReady
AED 1,299,621AED 905 per sqft

Source: Dubai Land Department. Updated 1 July 2017.

Key facts

Type
2-bed apartment
Size
1,436 sqft
Floor
2nd of 30
Parking
G - 19
Developer
Emaar
Completed
2009
Service charge
AED 30,100 /yr
Last sold
AED 2.91M · September 2014

About 202, Burj Lofts West

202 is a two-bedroom apartment of 1,436 sqft on the 2nd floor of Burj Lofts West, a 30-storey tower in Downtown Dubai completed in 2009 by Emaar. It last sold on 18 September 2014 for AED 2,912,000, or AED 2,028 per sqft, in line with the AED 2,023 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 4 Ejari contracts. The current contract, renewed on 1 July 2017, is AED 195,000 a year: a gross yield of 6.7% on the 2014 price, before the service charge of about AED 30,100 a year.

Sales and rents for 202 over time

Sales
Unit 202, each saleTypical two-bed in Burj Lofts West
1M2M3M2010201520202025Typical 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, June 2010: AED 1,299,621 (AED 905 per sqft)Sold, September 2014: AED 2,912,000 (AED 2,028 per sqft)

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

Rents
Unit 202, 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, November 2012: AED 105,000 a yearNew contract, December 2013: AED 126,000 a yearNew contract, July 2016: AED 190,000 a yearRenewal, July 2017: AED 195,000 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 202 sits

All 87 2-beds →

202 last sold in September 2014 at AED 2,028 per sqft, in line with what two-beds in Burj Lofts West were fetching at the time (AED 2,023). 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. 202's AED 195,000 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 126K /yr
Typical yield
6.1%
Burj Lofts West, Downtown Dubai: prices, sales and rents →

Other units on the 2nd floor

All 171 units in Burj Lofts West
Value
2012-bedAED 1.5M · Jul 2021
2032-bedAED 1.79M · May 2012
2041-bedAED 1.25M · Dec 2013
2051-bedAED 647K · Aug 2010
2061-bedAED 554K · Jul 2013

202, Burj Lofts West in numbers

  • Sold twice: first on 3 June 2010 for AED 1,299,621, last on 18 September 2014 for AED 2,912,000 (AED 2,028 per sqft).
  • Rented since November 2012 on 4 Ejari contracts, from AED 105,000 to AED 195,000 a year.
  • At AED 195,000 a year the gross yield on the 2014 price is 6.7%, 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 July 2017.

Questions about 202, Burj Lofts West

What did unit 202 last sell for?

AED 2,912,000 on 18 September 2014: AED 2,028 per sqft for 1,436 sqft. The unit has 2 registered sales; the first was AED 1,299,621 in June 2010.

What is the rent for unit 202?

AED 195,000 a year on the contract renewed on 1 July 2017. The previous contract, from July 2016, was AED 190,000; the unit has been rented since November 2012.

How big is unit 202?

1,436 sqft (133.4 sqm): a two-bedroom apartment on the 2nd floor of a 30-storey tower completed in 2009.

What is unit 202 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 202, Burj Lofts West

Starts from the last sale price (AED 2.91M, 18 September 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,912,000
Deposit, UAE resident (20%)
AED 582,400
Deposit, non-resident (40%)
AED 1,164,800
Monthly over 25 years at 3.7%
AED 11,914

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