506, Burj Lofts West
Sold prices and rental history: sold once, by the developer in November 2011, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, Burj Lofts West
What is 506 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 5 July 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 745 sqft
- Floor
- 5th of 30
- Parking
- B3 - 3079
- Developer
- Emaar
- Completed
- 2009
- Service charge
- AED 15,600 /yr
- Last sold
- AED 1.13M · November 2011
- Building
- Burj Lofts West
About 506, Burj Lofts West
506 is a one-bedroom apartment of 745 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 1 November 2011 for AED 1,129,888, or AED 1,516 per sqft, in line with the AED 1,516 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, renewed on 5 July 2024, is AED 90,000 a year: a gross yield of 8.0% on the 2011 price, before the service charge of about AED 15,600 a year.
Sales and rents for 506 over time
506 has sold once; the dashed line is the one-bed median of each year in the building.
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 506 sits
All 83 1-beds →506 last sold in November 2011 at AED 1,516 per sqft, in line with what one-beds in Burj Lofts West were fetching at the time (AED 1,516). 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. 506's AED 90,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 11 Aug 202611 August 2026 | 884 sqft | 11,783 | 13 | ||
| 4 Aug 20264 August 2026 | 884 sqft | 1,675,000 | 1,894 | ||
| 27 Jul 202627 July 2026 | 745 sqft | 15,249 | 20 | ||
| 18 Jun 202618 June 2026 | 884 sqft | 1,735,000 | 1,962 |
Burj Lofts West
Building171 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%
Other units on the 5th floor
All 171 units in Burj Lofts West| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,297 sqft | AED 2.58MAED 2,580,000 · Oct 2024October 2024 | 170,236 /yr | |
| 502 | 2-bed | 1,433 sqft | AED 2.9MAED 2,900,000 · Mar 2014March 2014 | 175,000 /yr | |
| 503 | 2-bed | 1,241 sqft | AED 1.02MAED 1,018,944 · May 2011May 2011 | 160,000 /yr | |
| 504 | 1-bed | 884 sqft | AED 1.27MAED 1,269,888 · Sep 2010September 2010 | 100,000 /yr | |
| 505 | 1-bed | 916 sqft | AED 1.31MAED 1,310,888 · May 2010May 2010 |
506, Burj Lofts West in numbers
- Sold once: by Emaar on 1 November 2011 for AED 1,129,888, or AED 1,516 per sqft.
- Rented since August 2013 on 5 Ejari contracts. The rent fell from AED 76,000 to AED 60,000 in 2021 and recovered to AED 90,000 by July 2024.
- At AED 90,000 a year the gross yield on the 2011 price is 8.0%, 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 5 July 2024.
Questions about 506, Burj Lofts West
What did unit 506 last sell for?
AED 1,129,888 on 1 November 2011, sold by the developer: AED 1,516 per sqft for 745 sqft. It is the only registered sale of the unit.
What is the rent for unit 506?
AED 90,000 a year on the contract renewed on 5 July 2024. The previous contract, from July 2023, was AED 78,000; the unit has been rented since August 2013.
How big is unit 506?
745 sqft (69.2 sqm): a one-bedroom apartment on the 5th floor of a 30-storey tower completed in 2009.
What is unit 506 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.
Selling 506? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 506, Burj Lofts West
Starts from the last sale price (AED 1.13M, 1 November 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 1,129,888
- Deposit, UAE resident (20%)
- AED 225,978
- Deposit, non-resident (40%)
- AED 451,955
- Monthly over 25 years at 3.7%
- AED 4,623
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →