2-bed · 1,299 sqftBurj Views A, Downtown Dubai · 16th floor · completed 2009

1603, Burj Views A

Sold prices and rental history: sold once, by the developer in December 2009, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1603 · DLD and Ejari recordsUpdated 10 October 2020
Last soldAED 1.27M20 December 2009
Current rentAED 80K /yr10 October 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1603, Burj Views A

What is 1603 worth today?

Last sold for AED 1,274,888 in 2009

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

10 Oct 2020RentedNew contract
AED 80,000/yr12 months · AED 61 per sqft
10 Jul 2019RentedRenewal
AED 85,000/yr12 months · AED 65 per sqft
10 Jul 2018RentedRenewal
AED 120,000/yr12 months · AED 92 per sqft
10 Jul 2017RentedRenewal
AED 120,000/yr12 months · AED 92 per sqft
10 Jul 2016RentedNew contract
AED 120,000/yr12 months · AED 92 per sqft
9 Jun 2015RentedNew contract
AED 110,000/yr12 months · AED 84 per sqft
9 Jun 2013RentedNew contract
AED 110,000/yr12 months · AED 84 per sqft
5 Nov 2012RentedNew contract
AED 55,000/yr6 months · AED 42 per sqft

Source: Dubai Land Department. Updated 10 October 2020.

Key facts

Type
2-bed apartment
Size
1,299 sqft
Floor
16th of 30
Parking
B1-1009
Developer
Emaar
Completed
2009
Service charge
AED 25,500 /yr
Last sold
AED 1.27M · December 2009
Building
Burj Views A

About 1603, Burj Views A

1603 is a two-bedroom apartment of 1,299 sqft on the 16th floor of Burj Views A, a 30-storey tower in Downtown Dubai completed in 2009 by Emaar. The developer sold it on 20 December 2009 for AED 1,274,888, or AED 981 per sqft, 14% below the AED 1,143 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 8 Ejari contracts. The current contract, signed on 10 October 2020, is AED 80,000 a year: a gross yield of 6.3% on the 2009 price, before the service charge of about AED 25,500 a year.

Sales and rents for 1603 over time

Sales
Unit 1603, each saleTypical two-bed in Burj Views A
2M3M2009201420192024Typical sale price by year: 2009 AED 1,617,388; 2010 AED 1,740,888; 2011 AED 1,410,888; 2012 AED 1,650,000; 2013 AED 2,020,000; 2014 AED 2,800,000; 2015 AED 2,137,500; 2016 AED 2,000,000; 2019 AED 1,300,000; 2020 AED 1,280,000; 2021 AED 1,400,000; 2022 AED 1,675,000; 2023 AED 2,077,500; 2024 AED 2,300,000; 2025 AED 2,375,000; 2026 AED 2,452,500Sold by developer, December 2009: AED 1,274,888 (AED 981 per sqft)

1603 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1603, each contractTypical two-bed in Burj Views A
50K100K150K2012201620202024Typical rent by year: 2012 AED 107,500; 2013 AED 125,268; 2014 AED 140,000; 2015 AED 147,000; 2016 AED 141,750; 2017 AED 135,000; 2018 AED 125,000; 2019 AED 105,000; 2020 AED 91,000; 2021 AED 95,000; 2022 AED 114,725; 2023 AED 130,000; 2024 AED 150,000; 2025 AED 150,000; 2026 AED 135,750New contract, November 2012: AED 55,000 a yearNew contract, June 2013: AED 110,000 a yearNew contract, June 2015: AED 110,000 a yearNew contract, July 2016: AED 120,000 a yearRenewal, July 2017: AED 120,000 a yearRenewal, July 2018: AED 120,000 a yearRenewal, July 2019: AED 85,000 a yearNew contract, October 2020: AED 80,000 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 Views A, and where 1603 sits

All 89 2-beds →

1603 last sold in December 2009 at AED 981 per sqft, 14% below what two-beds in Burj Views A were fetching at the time (AED 1,143). Over the last 12 months two-beds sold for AED 2,250,000 to 2,650,000, around AED 1,772 per sqft, and rent for AED 110,000 to 190,000 a year. 1603's AED 80,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
16 Oct 20262,375,000
25 Sep 20262,250,000
6 Apr 20262,530,000
11 Mar 20262,650,000
4 2-bed sales in the last 12 months

Burj Views A

Building

176 apartments, 1-bed to 3-bed over 30 floors in Downtown Dubai, completed in 2009 by Emaar. 12 sold in the last 12 months.

Typical price per sqft
AED 1,786 Up 3.5%
Typical sale
AED 1.74M
Typical rent
AED 120K /yr
Typical yield
6.0%
Burj Views A, Downtown Dubai: prices, sales and rents →

Other units on the 16th floor

All 176 units in Burj Views A
Value
16012-bedAED 1.47M · Aug 2021
16022-bedAED 1.68M · Aug 2009
16041-bedAED 1.3M · Aug 2013
16051-bedAED 1.2M · May 2023
16061-bedAED 745K · Oct 2010

1603, Burj Views A in numbers

  • Sold once: by Emaar on 20 December 2009 for AED 1,274,888, or AED 981 per sqft.
  • Rented since November 2012 on 8 Ejari contracts, from AED 55,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2009 price is 6.3%, before a service charge of about AED 25,500 a year (AED 19.62 per sqft).
  • Two-beds in Burj Views A sold for AED 2,250,000–2,650,000 in the 12 months to November 2026; the building's median across all types is AED 1,786 per sqft.

Source: Dubai Land Department. Updated 10 October 2020.

Questions about 1603, Burj Views A

What did unit 1603 last sell for?

AED 1,274,888 on 20 December 2009, sold by the developer: AED 981 per sqft for 1,299 sqft. It is the only registered sale of the unit.

What is the rent for unit 1603?

AED 80,000 a year on the contract signed on 10 October 2020. The previous contract, from July 2019, was AED 85,000; the unit has been rented since November 2012.

How big is unit 1603?

1,299 sqft (120.7 sqm): a two-bedroom apartment on the 16th floor of a 30-storey tower completed in 2009.

What is unit 1603 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Burj Views A sold for AED 2,250,000 to 2,650,000 in the last 12 months, around AED 1,772 per sqft.

Selling 1603? 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.

How OpenOffers works

Mortgage on 1603, Burj Views A

Starts from the last sale price (AED 1.27M, 20 December 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,274,888
Deposit, UAE resident (20%)
AED 254,978
Deposit, non-resident (40%)
AED 509,955
Monthly over 25 years at 3.7%
AED 5,216

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