1-bed · 916 sqftBurj Lofts West, Downtown Dubai · 5th floor · completed 2009

505, Burj Lofts West

Sold prices and rental history: sold once, by the developer in May 2010, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 505 · DLD and Ejari recordsUpdated 19 May 2010
Last soldAED 1.31M19 May 2010
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 505, Burj Lofts West

What is 505 worth today?

Last sold for AED 1,310,888 in 2010

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19 May 2010Sold by developerReady
AED 1,310,888AED 1,431 per sqft

Source: Dubai Land Department. Updated 19 May 2010.

Key facts

Type
1-bed apartment
Size
916 sqft
Floor
5th of 30
Parking
B2 - 2078
Developer
Emaar
Completed
2009
Service charge
AED 19,200 /yr
Last sold
AED 1.31M · May 2010

About 505, Burj Lofts West

505 is a one-bedroom apartment of 916 sqft on the 5th floor of Burj Lofts West, a 30-storey tower in Downtown Dubai completed in 2009 by Emaar. The developer sold it on 19 May 2010 for AED 1,310,888, or AED 1,431 per sqft, 9% below the AED 1,577 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 505 over time

Sales
Unit 505, 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 1,310,888 (AED 1,431 per sqft)

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

Rents
Unit 505, 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 110,000

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 505 sits

All 83 1-beds →

505 last sold in May 2010 at AED 1,431 per sqft, 9% below what one-beds in Burj Lofts West were fetching at the time (AED 1,577). 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.

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 5th floor

All 171 units in Burj Lofts West
Value
5012-bedAED 2.58M · Oct 2024
5022-bedAED 2.9M · Mar 2014
5032-bedAED 1.02M · May 2011
5041-bedAED 1.27M · Sep 2010
5061-bedAED 1.13M · Nov 2011

505, Burj Lofts West in numbers

  • Sold once: by Emaar on 19 May 2010 for AED 1,310,888, or AED 1,431 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 19 May 2010.

Questions about 505, Burj Lofts West

What did unit 505 last sell for?

AED 1,310,888 on 19 May 2010, sold by the developer: AED 1,431 per sqft for 916 sqft. It is the only registered sale of the unit.

How big is unit 505?

916 sqft (85.1 sqm): a one-bedroom apartment on the 5th floor of a 30-storey tower completed in 2009.

What is unit 505 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 505, Burj Lofts West

Starts from the last sale price (AED 1.31M, 19 May 2010). Switch to today's estimate once you have unlocked it.
Price
AED 1,310,888
Deposit, UAE resident (20%)
AED 262,178
Deposit, non-resident (40%)
AED 524,355
Monthly over 25 years at 3.7%
AED 5,363

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