1-bed · 745 sqftBurj Lofts West, Downtown Dubai · 27th floor · completed 2009

2706, Burj Lofts West

Sold prices and rental history: sold twice, last in June 2014, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2706 · DLD and Ejari recordsUpdated 15 November 2020
Last soldAED 1.85M10 June 2014
Current rentAED 68K /yr15 November 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2706, Burj Lofts West

What is 2706 worth today?

Last sold for AED 1,850,000 in 2014

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15 Nov 2020RentedRenewal
AED 68,000/yr12 months · AED 91 per sqft
15 Nov 2019RentedRenewal
AED 90,000/yr12 months · AED 121 per sqft
15 Nov 2018RentedNew contract
AED 95,000/yr12 months · AED 128 per sqft
15 Nov 2017RentedNew contract
AED 97,500/yr12 months · AED 131 per sqft
10 Jun 2014SoldReady
AED 1,850,000AED 2,483 per sqft
19 May 2010Sold by developerReady
AED 1,275,888AED 1,712 per sqft

Source: Dubai Land Department. Updated 15 November 2020.

Key facts

Type
1-bed apartment
Size
745 sqft
Floor
27th of 30
Parking
B3 - 3004
Developer
Emaar
Completed
2009
Service charge
AED 15,600 /yr
Last sold
AED 1.85M · June 2014

About 2706, Burj Lofts West

2706 is a one-bedroom apartment of 745 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 10 June 2014 for AED 1,850,000, or AED 2,483 per sqft, 46% above the AED 1,698 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, renewed on 15 November 2020, is AED 68,000 a year: a gross yield of 3.7% on the 2014 price, before the service charge of about AED 15,600 a year.

Sales and rents for 2706 over time

Sales
Unit 2706, 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, May 2010: AED 1,275,888 (AED 1,712 per sqft)Sold, June 2014: AED 1,850,000 (AED 2,483 per sqft)

2706 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2706, 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, November 2017: AED 97,500 a yearNew contract, November 2018: AED 95,000 a yearRenewal, November 2019: AED 90,000 a yearRenewal, November 2020: AED 68,000 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 2706 sits

All 83 1-beds →

2706 last sold in June 2014 at AED 2,483 per sqft, 46% above what one-beds in Burj Lofts West were fetching at the time (AED 1,698). 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. 2706's AED 68,000 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 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
27041-bedAED 1.4M · Nov 2023
27051-bedAED 1.75M · Oct 2023

2706, Burj Lofts West in numbers

  • Sold twice: first on 19 May 2010 for AED 1,275,888, last on 10 June 2014 for AED 1,850,000 (AED 2,483 per sqft).
  • Rented since November 2017 on 4 Ejari contracts, from AED 97,500 to AED 68,000 a year.
  • At AED 68,000 a year the gross yield on the 2014 price is 3.7%, 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 15 November 2020.

Questions about 2706, Burj Lofts West

What did unit 2706 last sell for?

AED 1,850,000 on 10 June 2014: AED 2,483 per sqft for 745 sqft. The unit has 2 registered sales; the first was AED 1,275,888 in May 2010.

What is the rent for unit 2706?

AED 68,000 a year on the contract renewed on 15 November 2020. The previous contract, from November 2019, was AED 90,000; the unit has been rented since November 2017.

How big is unit 2706?

745 sqft (69.2 sqm): a one-bedroom apartment on the 27th floor of a 30-storey tower completed in 2009.

What is unit 2706 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 2706, Burj Lofts West

Starts from the last sale price (AED 1.85M, 10 June 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,850,000
Deposit, UAE resident (20%)
AED 370,000
Deposit, non-resident (40%)
AED 740,000
Monthly over 25 years at 3.7%
AED 7,569

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