2-bed · 1,468 sqftBurj Views B, Downtown Dubai · 16th floor · completed 2009

1603, Burj Views B

Sold prices and rental history: sold once, by the developer in September 2013, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1603 · DLD and Ejari recordsUpdated 5 October 2023
Last soldAED 1.66M10 September 2013
Current rentAED 115K /yr5 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1603, Burj Views B

What is 1603 worth today?

Last sold for AED 1,658,888 in 2013

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5 Oct 2023RentedRenewal
AED 115,060/yr12 months · AED 78 per sqft
5 Oct 2022RentedRenewal
AED 100,050/yr12 months · AED 68 per sqft
5 Oct 2021RentedNew contract
AED 87,000/yr12 months · AED 59 per sqft
5 Oct 2020RentedNew contract
AED 77,000/yr12 months · AED 53 per sqft
17 Jun 2019RentedRenewal
AED 120,000/yr12 months · AED 82 per sqft
17 Jun 2018RentedNew contract
AED 130,000/yr12 months · AED 89 per sqft
10 Sep 2013Sold by developerReady
AED 1,658,888AED 1,130 per sqft

Source: Dubai Land Department. Updated 5 October 2023.

Key facts

Type
2-bed apartment
Size
1,468 sqft
Floor
16th of 26
Parking
P-087
Developer
Emaar
Completed
2009
Service charge
AED 28,800 /yr
Last sold
AED 1.66M · September 2013
Building
Burj Views B

About 1603, Burj Views B

1603 is a two-bedroom apartment of 1,468 sqft on the 16th floor of Burj Views B, a 26-storey tower in Downtown Dubai completed in 2009 by Emaar. The developer sold it on 10 September 2013 for AED 1,658,888, or AED 1,130 per sqft, 23% below the AED 1,468 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, renewed on 5 October 2023, is AED 115,060 a year: a gross yield of 6.9% on the 2013 price, before the service charge of about AED 28,800 a year.

Sales and rents for 1603 over time

Sales
Unit 1603, each saleTypical two-bed in Burj Views B
2M2009201420192024Typical sale price by year: 2009 AED 1,724,444; 2010 AED 2,010,444; 2011 AED 1,602,416; 2012 AED 1,612,500; 2013 AED 2,140,000; 2015 AED 1,574,888; 2016 AED 1,698,888; 2019 AED 1,280,000; 2022 AED 1,560,000; 2023 AED 2,095,000; 2025 AED 2,433,093; 2026 AED 2,562,500Sold by developer, September 2013: AED 1,658,888 (AED 1,130 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 B
100K150K2012201620202024Typical rent by year: 2012 AED 112,500; 2013 AED 126,000; 2014 AED 150,000; 2015 AED 150,000; 2016 AED 145,000; 2017 AED 140,000; 2018 AED 130,000; 2019 AED 110,000; 2020 AED 87,000; 2021 AED 90,000; 2022 AED 112,500; 2023 AED 135,000; 2024 AED 149,400; 2025 AED 155,000; 2026 AED 148,915New contract, June 2018: AED 130,000 a yearRenewal, June 2019: AED 120,000 a yearNew contract, October 2020: AED 77,000 a yearNew contract, October 2021: AED 87,000 a yearRenewal, October 2022: AED 100,050 a yearRenewal, October 2023: AED 115,060 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 B, and where 1603 sits

All 50 2-beds →

1603 last sold in September 2013 at AED 1,130 per sqft, 23% below what two-beds in Burj Views B were fetching at the time (AED 1,468). Over the last 12 months two-beds sold for AED 2,400,000 to 2,750,000, around AED 1,881 per sqft, and rent for AED 120,000 to 245,000 a year. 1603's AED 115,060 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
1 Oct 20262,562,500
17 Aug 20262,400,000
2 Feb 20262,750,000
19 Aug 20252,650,000
3 2-bed sales in the last 12 months

Burj Views B

Building

152 apartments, 1-bed to 3-bed over 26 floors in Downtown Dubai, completed in 2009 by Emaar. 7 sold in the last 12 months.

Typical price per sqft
AED 1,881
Typical sale
AED 1.7M
Typical rent
AED 110K /yr
Typical yield
6.0%
Burj Views B, Downtown Dubai: prices, sales and rents →

Other units on the 16th floor

All 152 units in Burj Views B
Value
16011-bedAED 1.44M · Dec 2016
16022-bedAED 1.67M · Jul 2022
16041-bedAED 1.3M · Jan 2013
16051-bedAED 1.25M · Feb 2017
16061-bedAED 922K · Mar 2010

1603, Burj Views B in numbers

  • Sold once: by Emaar on 10 September 2013 for AED 1,658,888, or AED 1,130 per sqft.
  • Rented since June 2018 on 6 Ejari contracts. The rent fell from AED 130,000 to AED 77,000 in 2020 and recovered to AED 115,060 by October 2023.
  • At AED 115,060 a year the gross yield on the 2013 price is 6.9%, before a service charge of about AED 28,800 a year (AED 19.62 per sqft).
  • Two-beds in Burj Views B sold for AED 2,400,000–2,750,000 in the 12 months to November 2026; the building's median across all types is AED 1,881 per sqft.

Source: Dubai Land Department. Updated 5 October 2023.

Questions about 1603, Burj Views B

What did unit 1603 last sell for?

AED 1,658,888 on 10 September 2013, sold by the developer: AED 1,130 per sqft for 1,468 sqft. It is the only registered sale of the unit.

What is the rent for unit 1603?

AED 115,060 a year on the contract renewed on 5 October 2023. The previous contract, from October 2022, was AED 100,050; the unit has been rented since June 2018.

How big is unit 1603?

1,468 sqft (136.4 sqm): a two-bedroom apartment on the 16th floor of a 26-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 B sold for AED 2,400,000 to 2,750,000 in the last 12 months, around AED 1,881 per sqft.

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Mortgage on 1603, Burj Views B

Starts from the last sale price (AED 1.66M, 10 September 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,658,888
Deposit, UAE resident (20%)
AED 331,778
Deposit, non-resident (40%)
AED 663,555
Monthly over 25 years at 3.7%
AED 6,787

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