1-bed · 916 sqftBurj Lofts West, Downtown Dubai · 3rd floor · completed 2009

305, Burj Lofts West

Sold prices and rental history: sold twice, last in August 2022, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 305 · DLD and Ejari recordsUpdated 10 August 2022
Last soldAED 1.18M10 August 2022
Current rentAED 65K /yr2 October 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 305, Burj Lofts West

What is 305 worth today?

Last sold for AED 1,175,000 in 2022

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10 Aug 2022SoldReady
AED 1,175,000AED 1,283 per sqft
2 Oct 2020RentedNew contract
AED 65,000/yr12 months · AED 71 per sqft
7 Oct 2019RentedNew contract
AED 85,000/yr12 months · AED 93 per sqft
30 Sep 2018RentedNew contract
AED 100,000/yr12 months · AED 109 per sqft
25 Apr 2015RentedRenewal
AED 105,000/yr12 months · AED 115 per sqft
25 Apr 2014RentedNew contract
AED 105,000/yr12 months · AED 115 per sqft
5 Oct 2010Sold by developerReady
AED 649,944AED 709 per sqft

Source: Dubai Land Department. Updated 10 August 2022.

Key facts

Type
1-bed apartment
Size
916 sqft
Floor
3rd of 30
Parking
B2 - 2076
Developer
Emaar
Completed
2009
Service charge
AED 19,200 /yr
Last sold
AED 1.18M · August 2022

About 305, Burj Lofts West

305 is a one-bedroom apartment of 916 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 10 August 2022 for AED 1,175,000, or AED 1,283 per sqft, in line with the AED 1,283 one-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 2 October 2020, is AED 65,000 a year: a gross yield of 5.5% on the 2022 price, before the service charge of about AED 19,200 a year.

Sales and rents for 305 over time

Sales
Unit 305, 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, October 2010: AED 649,944 (AED 709 per sqft)Sold, August 2022: AED 1,175,000 (AED 1,283 per sqft)

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

Rents
Unit 305, 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, April 2014: AED 105,000 a yearRenewal, April 2015: AED 105,000 a yearNew contract, September 2018: AED 100,000 a yearNew contract, October 2019: AED 85,000 a yearNew contract, October 2020: AED 65,000 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 305 sits

All 83 1-beds →

305 last sold in August 2022 at AED 1,283 per sqft, in line with what one-beds in Burj Lofts West were fetching at the time (AED 1,283). 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. 305's AED 65,000 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 3rd floor

All 171 units in Burj Lofts West
Value
3012-bedAED 1.5M · Jul 2019
3022-bedAED 1.75M · Oct 2021
3032-bedAED 1.5M · Apr 2019
3041-bedAED 775K · Jan 2012
3061-bedAED 1.2M · Nov 2023

305, Burj Lofts West in numbers

  • Sold twice: first on 5 October 2010 for AED 649,944, last on 10 August 2022 for AED 1,175,000 (AED 1,283 per sqft).
  • Rented since April 2014 on 5 Ejari contracts, from AED 105,000 to AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2022 price is 5.5%, before a service charge of about AED 19,200 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 10 August 2022.

Questions about 305, Burj Lofts West

What did unit 305 last sell for?

AED 1,175,000 on 10 August 2022: AED 1,283 per sqft for 916 sqft. The unit has 2 registered sales; the first was AED 649,944 in October 2010.

What is the rent for unit 305?

AED 65,000 a year on the contract signed on 2 October 2020. The previous contract, from October 2019, was AED 85,000; the unit has been rented since April 2014.

How big is unit 305?

916 sqft (85.1 sqm): a one-bedroom apartment on the 3rd floor of a 30-storey tower completed in 2009.

What is unit 305 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 305, Burj Lofts West

Starts from the last sale price (AED 1.18M, 10 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,175,000
Deposit, UAE resident (20%)
AED 235,000
Deposit, non-resident (40%)
AED 470,000
Monthly over 25 years at 3.7%
AED 4,807

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