2-bed · 1,241 sqftBurj Lofts West, Downtown Dubai · 8th floor · completed 2009

803, Burj Lofts West

Sold prices and rental history: sold twice, last in February 2016, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 803 · DLD and Ejari recordsUpdated 1 June 2021
Last soldAED 2.28M23 February 2016
Current rentAED 50K /yr1 June 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 803, Burj Lofts West

What is 803 worth today?

Last sold for AED 2,275,000 in 2016

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1 Jun 2021RentedNew contract
AED 50,000/yr12 months · AED 40 per sqft
21 Dec 2016RentedNew contract
AED 135,000/yr12 months · AED 109 per sqft
23 Feb 2016SoldReady
AED 2,275,000AED 1,832 per sqft
2 Oct 2013RentedNew contract
AED 130,000/yr12 months · AED 105 per sqft
1 Jul 2013RentedNew contract
AED 125,000/yr12 months · AED 101 per sqft
20 Dec 2011Sold by developerReady
AED 2,065,888AED 1,664 per sqft

Source: Dubai Land Department. Updated 1 June 2021.

Key facts

Type
2-bed apartment
Size
1,241 sqft
Floor
8th of 30
Parking
B1 - 1003
Developer
Emaar
Completed
2009
Service charge
AED 26,100 /yr
Last sold
AED 2.28M · February 2016

About 803, Burj Lofts West

803 is a two-bedroom apartment of 1,241 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 2016 for AED 2,275,000, or AED 1,832 per sqft, in line with the AED 1,832 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 1 June 2021, is AED 50,000 a year: a gross yield of 2.2% on the 2016 price, before the service charge of about AED 26,100 a year.

Sales and rents for 803 over time

Sales
Unit 803, 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, December 2011: AED 2,065,888 (AED 1,664 per sqft)Sold, February 2016: AED 2,275,000 (AED 1,832 per sqft)

803 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 803, each contractTypical two-bed in Burj Lofts West
100K2012201620202024Typical 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, July 2013: AED 125,000 a yearNew contract, October 2013: AED 130,000 a yearNew contract, December 2016: AED 135,000 a yearNew contract, June 2021: AED 50,000 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 803 sits

All 87 2-beds →

803 last sold in February 2016 at AED 1,832 per sqft, in line with what two-beds in Burj Lofts West were fetching at the time (AED 1,832). 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. 803's AED 50,000 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
8012-bedAED 1.38M · Feb 2012
8022-bedAED 2.5M · Oct 2022
8041-bedAED 1.29M · Feb 2015
8051-bedAED 1.65M · Jan 2014
8061-bedAED 15K · Jul 2026

803, Burj Lofts West in numbers

  • Sold twice: first on 20 December 2011 for AED 2,065,888, last on 23 February 2016 for AED 2,275,000 (AED 1,832 per sqft).
  • Rented since July 2013 on 4 Ejari contracts, from AED 125,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2016 price is 2.2%, before a service charge of about AED 26,100 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 June 2021.

Questions about 803, Burj Lofts West

What did unit 803 last sell for?

AED 2,275,000 on 23 February 2016: AED 1,832 per sqft for 1,241 sqft. The unit has 2 registered sales; the first was AED 2,065,888 in December 2011.

What is the rent for unit 803?

AED 50,000 a year on the contract signed on 1 June 2021. The previous contract, from December 2016, was AED 135,000; the unit has been rented since July 2013.

How big is unit 803?

1,241 sqft (115.3 sqm): a two-bedroom apartment on the 8th floor of a 30-storey tower completed in 2009.

What is unit 803 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 803, Burj Lofts West

Starts from the last sale price (AED 2.28M, 23 February 2016). Switch to today's estimate once you have unlocked it.
Price
AED 2,275,000
Deposit, UAE resident (20%)
AED 455,000
Deposit, non-resident (40%)
AED 910,000
Monthly over 25 years at 3.7%
AED 9,308

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