2-bed · 1,241 sqftBurj Lofts West, Downtown Dubai · 3rd floor · completed 2009

303, Burj Lofts West

Sold prices and rental history: sold twice, last in April 2019, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 303 · DLD and Ejari recordsUpdated 28 April 2019
Last soldAED 1.5M28 April 2019
Current rentAED 133K /yr16 August 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 303, Burj Lofts West

What is 303 worth today?

Last sold for AED 1,500,000 in 2019

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28 Apr 2019SoldReady
AED 1,500,000AED 1,208 per sqft
16 Aug 2018RentedNew contract
AED 132,999/yr7 months · AED 107 per sqft
16 Aug 2017RentedRenewal
AED 133,000/yr12 months · AED 107 per sqft
16 Aug 2016RentedNew contract
AED 133,000/yr12 months · AED 107 per sqft
1 Aug 2015RentedNew contract
AED 145,000/yr12 months · AED 117 per sqft
17 May 2014RentedNew contract
AED 143,000/yr12 months · AED 116 per sqft
8 Jun 2010Sold by developerReady
AED 1,968,416AED 1,585 per sqft

Source: Dubai Land Department. Updated 28 April 2019.

Key facts

Type
2-bed apartment
Size
1,241 sqft
Floor
3rd of 30
Parking
B1 - 1009
Developer
Emaar
Completed
2009
Service charge
AED 26,100 /yr
Last sold
AED 1.5M · April 2019

About 303, Burj Lofts West

303 is a two-bedroom apartment of 1,241 sqft on the 3rd floor of Burj Lofts West, a 30-storey tower in Downtown Dubai completed in 2009 by Emaar. It last sold on 28 April 2019 for AED 1,500,000, or AED 1,208 per sqft, 25% below the AED 1,619 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, signed on 16 August 2018, is AED 132,999 a year: a gross yield of 8.9% on the 2019 price, before the service charge of about AED 26,100 a year.

Sales and rents for 303 over time

Sales
Unit 303, 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, June 2010: AED 1,968,416 (AED 1,585 per sqft)Sold, April 2019: AED 1,500,000 (AED 1,208 per sqft)

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

Rents
Unit 303, 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, May 2014: AED 143,000 a yearNew contract, August 2015: AED 145,000 a yearNew contract, August 2016: AED 133,000 a yearRenewal, August 2017: AED 133,000 a yearNew contract, August 2018: AED 132,999 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 303 sits

All 87 2-beds →

303 last sold in April 2019 at AED 1,208 per sqft, 25% below what two-beds in Burj Lofts West were fetching at the time (AED 1,619). 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. 303's AED 132,999 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 129K /yr
Typical yield
6.1%
Burj Lofts West, Downtown Dubai: prices, sales and rents →

Other units on the 3rd floor

All 171 units in Burj Lofts West
Value
3012-bedAED 1.5M · Jul 2019
3022-bedAED 1.75M · Oct 2021
3041-bedAED 775K · Jan 2012
3051-bedAED 1.18M · Aug 2022
3061-bedAED 1.2M · Nov 2023

303, Burj Lofts West in numbers

  • Sold twice: first on 8 June 2010 for AED 1,968,416, last on 28 April 2019 for AED 1,500,000 (AED 1,208 per sqft).
  • Rented since May 2014 on 5 Ejari contracts, from AED 143,000 to AED 132,999 a year.
  • At AED 132,999 a year the gross yield on the 2019 price is 8.9%, before a service charge of about AED 26,100 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 28 April 2019.

Questions about 303, Burj Lofts West

What did unit 303 last sell for?

AED 1,500,000 on 28 April 2019: AED 1,208 per sqft for 1,241 sqft. The unit has 2 registered sales; the first was AED 1,968,416 in June 2010.

What is the rent for unit 303?

AED 132,999 a year on the contract signed on 16 August 2018. The previous contract, from August 2017, was AED 133,000; the unit has been rented since May 2014.

How big is unit 303?

1,241 sqft (115.3 sqm): a two-bedroom apartment on the 3rd floor of a 30-storey tower completed in 2009.

What is unit 303 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 303, Burj Lofts West

Starts from the last sale price (AED 1.5M, 28 April 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

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