1-bed · 745 sqftBurj Lofts West, Downtown Dubai · 3rd floor · completed 2009

306, Burj Lofts West

Sold prices and rental history: sold 3 times, last in November 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 306 · DLD and Ejari recordsUpdated 25 July 2024
Last soldAED 1.2M6 November 2023
Current rentAED 115K /yr25 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 306, Burj Lofts West

What is 306 worth today?

Last sold for AED 1,200,000 in 2023

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25 Jul 2024RentedNew contract
AED 115,000/yr12 months · AED 155 per sqft
6 Nov 2023SoldReady
AED 1,200,000AED 1,610 per sqft
15 Jul 2022RentedNew contract
AED 85,000/yr12 months · AED 114 per sqft
18 Jun 2021RentedNew contract
AED 55,000/yr12 months · AED 74 per sqft
10 Jun 2020RentedNew contract
AED 55,000/yr12 months · AED 74 per sqft
18 Feb 2017RentedNew contract
AED 80,000/yr12 months · AED 108 per sqft
25 Dec 2013RentedNew contract
AED 93,000/yr12 months · AED 125 per sqft
19 Nov 2013SoldReady
AED 1,525,000AED 2,047 per sqft

Source: Dubai Land Department. Updated 25 July 2024.

Key facts

Type
1-bed apartment
Size
745 sqft
Floor
3rd of 30
Parking
B3 - 3077
Developer
Emaar
Completed
2009
Service charge
AED 15,600 /yr
Last sold
AED 1.2M · November 2023

About 306, Burj Lofts West

306 is a one-bedroom apartment of 745 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 6 November 2023 for AED 1,200,000, or AED 1,610 per sqft, in line with the AED 1,638 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 25 July 2024, is AED 115,000 a year: a gross yield of 9.6% on the 2023 price, before the service charge of about AED 15,600 a year.

Sales and rents for 306 over time

Sales
Unit 306, 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 1,115,888 (AED 1,497 per sqft)Sold, November 2013: AED 1,525,000 (AED 2,047 per sqft)Sold, November 2023: AED 1,200,000 (AED 1,610 per sqft)

306 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 306, each contractTypical one-bed in Burj Lofts West
50K100K2012201620202024Typical 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 2013: AED 93,000 a yearNew contract, February 2017: AED 80,000 a yearNew contract, June 2020: AED 55,000 a yearNew contract, June 2021: AED 55,000 a yearNew contract, July 2022: AED 85,000 a yearNew contract, July 2024: AED 115,000 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 306 sits

All 83 1-beds →

306 last sold in November 2023 at AED 1,610 per sqft, in line with what one-beds in Burj Lofts West were fetching at the time (AED 1,638). 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. 306's AED 115,000 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 126K /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
3051-bedAED 1.18M · Aug 2022

306, Burj Lofts West in numbers

  • Sold 3 times: first on 12 May 2010 for AED 1,115,888, last on 6 November 2023 for AED 1,200,000 (AED 1,610 per sqft).
  • Rented since December 2013 on 6 Ejari contracts. The rent fell from AED 93,000 to AED 55,000 in 2021 and recovered to AED 115,000 by July 2024.
  • At AED 115,000 a year the gross yield on the 2023 price is 9.6%, 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 25 July 2024.

Questions about 306, Burj Lofts West

What did unit 306 last sell for?

AED 1,200,000 on 6 November 2023: AED 1,610 per sqft for 745 sqft. The unit has 3 registered sales; the first was AED 1,115,888 in May 2010.

What is the rent for unit 306?

AED 115,000 a year on the contract signed on 25 July 2024. The previous contract, from July 2022, was AED 85,000; the unit has been rented since December 2013.

How big is unit 306?

745 sqft (69.2 sqm): a one-bedroom apartment on the 3rd floor of a 30-storey tower completed in 2009.

What is unit 306 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 306, Burj Lofts West

Starts from the last sale price (AED 1.2M, 6 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,200,000
Deposit, UAE resident (20%)
AED 240,000
Deposit, non-resident (40%)
AED 480,000
Monthly over 25 years at 3.7%
AED 4,910

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