1-bed · 884 sqftBurj Lofts West, Downtown Dubai · 27th floor · completed 2009

2704, Burj Lofts West

Sold prices and rental history: sold twice, last in November 2023, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2704 · DLD and Ejari recordsUpdated 15 November 2023
Last soldAED 1.4M15 November 2023
Current rentAED 110K /yr22 February 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2704, Burj Lofts West

What is 2704 worth today?

Last sold for AED 1,400,000 in 2023

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15 Nov 2023SoldReady
AED 1,400,000AED 1,583 per sqft
22 Feb 2017RentedRenewal
AED 110,000/yr12 months · AED 125 per sqft
22 Feb 2016RentedNew contract
AED 110,000/yr12 months · AED 125 per sqft
9 Dec 2014RentedNew contract
AED 120,000/yr12 months · AED 136 per sqft
6 Jul 2010Sold by developerReady
AED 695,944AED 787 per sqft

Source: Dubai Land Department. Updated 15 November 2023.

Key facts

Type
1-bed apartment
Size
884 sqft
Floor
27th of 30
Parking
B2 - 2044
Developer
Emaar
Completed
2009
Service charge
AED 18,600 /yr
Last sold
AED 1.4M · November 2023

About 2704, Burj Lofts West

2704 is a one-bedroom apartment of 884 sqft on the 27th floor of Burj Lofts West, a 30-storey tower in Downtown Dubai completed in 2009 by Emaar. It last sold on 15 November 2023 for AED 1,400,000, or AED 1,583 per sqft, in line with the AED 1,624 one-beds in the building were fetching at the time.

It has been rented since 2014 on 3 Ejari contracts. The current contract, renewed on 22 February 2017, is AED 110,000 a year: a gross yield of 7.9% on the 2023 price, before the service charge of about AED 18,600 a year.

Sales and rents for 2704 over time

Sales
Unit 2704, 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 2010: AED 695,944 (AED 787 per sqft)Sold, November 2023: AED 1,400,000 (AED 1,583 per sqft)

2704 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2704, each contractTypical one-bed in Burj Lofts West
100K2012201620202024Typical 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, December 2014: AED 120,000 a yearNew contract, February 2016: AED 110,000 a yearRenewal, February 2017: AED 110,000 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 2704 sits

All 83 1-beds →

2704 last sold in November 2023 at AED 1,583 per sqft, in line with what one-beds in Burj Lofts West were fetching at the time (AED 1,624). 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. 2704's AED 110,000 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 27th floor

All 171 units in Burj Lofts West
Value
27012-bedAED 2.55M · May 2023
27022-bedAED 3.1M · Apr 2026
27032-bedAED 1.12M · Jul 2011
27051-bedAED 1.75M · Oct 2023
27061-bedAED 1.85M · Jun 2014

2704, Burj Lofts West in numbers

  • Sold twice: first on 6 July 2010 for AED 695,944, last on 15 November 2023 for AED 1,400,000 (AED 1,583 per sqft).
  • Rented since December 2014 on 3 Ejari contracts, from AED 120,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2023 price is 7.9%, before a service charge of about AED 18,600 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 15 November 2023.

Questions about 2704, Burj Lofts West

What did unit 2704 last sell for?

AED 1,400,000 on 15 November 2023: AED 1,583 per sqft for 884 sqft. The unit has 2 registered sales; the first was AED 695,944 in July 2010.

What is the rent for unit 2704?

AED 110,000 a year on the contract renewed on 22 February 2017. The previous contract, from February 2016, was AED 110,000; the unit has been rented since December 2014.

How big is unit 2704?

884 sqft (82.1 sqm): a one-bedroom apartment on the 27th floor of a 30-storey tower completed in 2009.

What is unit 2704 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 2704, Burj Lofts West

Starts from the last sale price (AED 1.4M, 15 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,400,000
Deposit, UAE resident (20%)
AED 280,000
Deposit, non-resident (40%)
AED 560,000
Monthly over 25 years at 3.7%
AED 5,728

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