2-bed · 1,297 sqftBurj Lofts West, Downtown Dubai · 8th floor · completed 2009

801, Burj Lofts West

Sold prices and rental history: sold 3 times, last in February 2012, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 801 · DLD and Ejari recordsUpdated 1 November 2016
Last soldAED 1.38M23 February 2012
Current rentAED 72K /yr1 November 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 801, Burj Lofts West

What is 801 worth today?

Last sold for AED 1,375,000 in 2012

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1 Nov 2016RentedNew contract
AED 72,000/yr12 months · AED 55 per sqft
16 Jan 2014RentedNew contract
AED 100,000/yr12 months · AED 77 per sqft
23 Feb 2012SoldReady
AED 1,375,000AED 1,060 per sqft
20 Jul 2011SoldReady
AED 1,325,000AED 1,021 per sqft
14 Feb 2011Sold by developerReady
AED 2,396,441AED 1,847 per sqft

Source: Dubai Land Department. Updated 1 November 2016.

Key facts

Type
2-bed apartment
Size
1,297 sqft
Floor
8th of 30
Parking
B1 - 1076
Developer
Emaar
Completed
2009
Service charge
AED 27,200 /yr
Last sold
AED 1.38M · February 2012

About 801, Burj Lofts West

801 is a two-bedroom apartment of 1,297 sqft on the 8th floor of Burj Lofts West, a 30-storey tower in Downtown Dubai completed in 2009 by Emaar. It last sold on 23 February 2012 for AED 1,375,000, or AED 1,060 per sqft, 16% below the AED 1,265 two-beds in the building were fetching at the time.

It has been rented since 2014 on 2 Ejari contracts. The current contract, signed on 1 November 2016, is AED 72,000 a year: a gross yield of 5.2% on the 2012 price, before the service charge of about AED 27,200 a year.

Sales and rents for 801 over time

Sales
Unit 801, each saleTypical two-bed in Burj Lofts West
2M3M2010201520202025Typical sale price by year: 2010 AED 2,223,888; 2011 AED 1,851,388; 2012 AED 2,080,065; 2013 AED 2,500,000; 2014 AED 2,912,000; 2015 AED 2,311,000; 2016 AED 2,275,000; 2017 AED 1,875,000; 2018 AED 2,205,000; 2019 AED 1,500,000; 2021 AED 1,550,000; 2022 AED 2,000,000; 2023 AED 2,400,000; 2024 AED 2,375,000; 2025 AED 2,525,000; 2026 AED 3,100,000Sold by developer, February 2011: AED 2,396,441 (AED 1,847 per sqft)Sold, July 2011: AED 1,325,000 (AED 1,021 per sqft)Sold, February 2012: AED 1,375,000 (AED 1,060 per sqft)

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

Rents
Unit 801, each contractTypical two-bed in Burj Lofts West
100K150K2012201620202024Typical rent by year: 2012 AED 111,500; 2013 AED 125,500; 2014 AED 150,000; 2015 AED 150,000; 2016 AED 145,000; 2017 AED 140,000; 2018 AED 130,000; 2019 AED 107,500; 2020 AED 95,000; 2021 AED 94,691; 2022 AED 115,500; 2023 AED 131,000; 2024 AED 150,000; 2025 AED 164,118; 2026 AED 165,000New contract, January 2014: AED 100,000 a yearNew contract, November 2016: AED 72,000 a year

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 801 sits

All 87 2-beds →

801 last sold in February 2012 at AED 1,060 per sqft, 16% below what two-beds in Burj Lofts West were fetching at the time (AED 1,265). 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. 801's AED 72,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
19 Aug 20262,725,000
24 Apr 20263,100,000
6 Jan 20263,350,000
29 Dec 20252,525,000
6 2-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 8th floor

All 171 units in Burj Lofts West
Value
8022-bedAED 2.5M · Oct 2022
8032-bedAED 2.28M · Feb 2016
8041-bedAED 1.29M · Feb 2015
8051-bedAED 1.65M · Jan 2014
8061-bedAED 15K · Jul 2026

801, Burj Lofts West in numbers

  • Sold 3 times: first on 14 February 2011 for AED 2,396,441, last on 23 February 2012 for AED 1,375,000 (AED 1,060 per sqft).
  • Rented since January 2014 on 2 Ejari contracts, from AED 100,000 to AED 72,000 a year.
  • At AED 72,000 a year the gross yield on the 2012 price is 5.2%, 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 1 November 2016.

Questions about 801, Burj Lofts West

What did unit 801 last sell for?

AED 1,375,000 on 23 February 2012: AED 1,060 per sqft for 1,297 sqft. The unit has 3 registered sales; the first was AED 2,396,441 in February 2011.

What is the rent for unit 801?

AED 72,000 a year on the contract signed on 1 November 2016. The previous contract, from January 2014, was AED 100,000.

How big is unit 801?

1,297 sqft (120.5 sqm): a two-bedroom apartment on the 8th floor of a 30-storey tower completed in 2009.

What is unit 801 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 801, Burj Lofts West

Starts from the last sale price (AED 1.38M, 23 February 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,375,000
Deposit, UAE resident (20%)
AED 275,000
Deposit, non-resident (40%)
AED 550,000
Monthly over 25 years at 3.7%
AED 5,626

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