
701, Burj Lofts West
Sold prices and rental history: sold twice, last in May 2021, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 701, Burj Lofts West
What is 701 worth today?
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Source: Dubai Land Department. Updated 6 May 2021.
Key facts
- Type
- 2-bed apartment
- Size
- 1,297 sqft
- Floor
- 7th of 30
- Parking
- B1 - 1062
- Developer
- Emaar
- Completed
- 2009
- Service charge
- AED 27,200 /yr
- Last sold
- AED 1.6M · May 2021
- Building
- Burj Lofts West
About 701, Burj Lofts West
701 is a two-bedroom apartment of 1,297 sqft on the 7th floor of Burj Lofts West, a 30-storey tower in Downtown Dubai completed in 2009 by Emaar. It last sold on 6 May 2021 for AED 1,600,000, or AED 1,233 per sqft, 13% above the AED 1,096 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, signed on 8 October 2020, is AED 77,000 a year: a gross yield of 4.8% on the 2021 price, before the service charge of about AED 27,200 a year.
Sales and rents for 701 over time
701 has sold twice; the dashed line is the two-bed median of each year in the building.
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 701 sits
All 87 2-beds →701 last sold in May 2021 at AED 1,233 per sqft, 13% above what two-beds in Burj Lofts West were fetching at the time (AED 1,096). 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. 701's AED 77,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 19 Aug 202619 August 2026 | 1,433 sqft | 2,725,000 | 1,901 | ||
| 24 Apr 202624 April 2026 | 1,433 sqft | 3,100,000 | 2,162 | ||
| 6 Jan 20266 January 2026 | 1,433 sqft | 3,350,000 | 2,337 | ||
| 29 Dec 202529 December 2025 | 1,241 sqft | 2,525,000 | 2,034 |
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 7th floor
All 171 units in Burj Lofts West| ValueToday's value | |||||
|---|---|---|---|---|---|
| 702 | 2-bed | 1,433 sqft | AED 3.35MAED 3,350,000 · Jan 2026January 2026 | 137,500 /yr | |
| 703 | 2-bed | 1,241 sqft | AED 1.96MAED 1,956,888 · Jun 2010June 2010 | 138,000 /yr | |
| 704 | 1-bed | 884 sqft | AED 12KAED 11,783 · Aug 2026August 2026 | 112,000 /yr | |
| 705 | 1-bed | 916 sqft | AED 1.1MAED 1,100,000 · Jun 2021June 2021 | 120,000 /yr | |
| 706 | 1-bed | 745 sqft | AED 1.14MAED 1,140,000 · Mar 2022March 2022 | 120,000 /yr |
701, Burj Lofts West in numbers
- Sold twice: first on 12 May 2010 for AED 2,446,888, last on 6 May 2021 for AED 1,600,000 (AED 1,233 per sqft).
- Rented since February 2014 on 8 Ejari contracts, from AED 120,000 to AED 77,000 a year.
- At AED 77,000 a year the gross yield on the 2021 price is 4.8%, before a service charge of about AED 27,200 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 6 May 2021.
Questions about 701, Burj Lofts West
What did unit 701 last sell for?
AED 1,600,000 on 6 May 2021: AED 1,233 per sqft for 1,297 sqft. The unit has 2 registered sales; the first was AED 2,446,888 in May 2010.
What is the rent for unit 701?
AED 77,000 a year on the contract signed on 8 October 2020. The previous contract, from November 2019, was AED 110,000; the unit has been rented since February 2014.
How big is unit 701?
1,297 sqft (120.5 sqm): a two-bedroom apartment on the 7th floor of a 30-storey tower completed in 2009.
What is unit 701 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 701, Burj Lofts West
Starts from the last sale price (AED 1.6M, 6 May 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 1,600,000
- Deposit, UAE resident (20%)
- AED 320,000
- Deposit, non-resident (40%)
- AED 640,000
- Monthly over 25 years at 3.7%
- AED 6,546
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →