2-bed · 1,487 sqftBurj Views C, Downtown Dubai · 29th floor · completed 2009

2902, Burj Views C

Sold prices and rental history: sold once, by the developer in July 2011, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2902 · DLD and Ejari recordsUpdated 10 March 2020
Last soldAED 1.78M31 July 2011
Current rentAED 130K /yr10 March 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2902, Burj Views C

What is 2902 worth today?

Last sold for AED 1,780,888 in 2011

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10 Mar 2020RentedNew contract
AED 130,000/yr12 months · AED 88 per sqft
10 Mar 2019RentedNew contract
AED 130,000/yr12 months · AED 88 per sqft
1 Mar 2017RentedNew contract
AED 170,000/yr12 months · AED 114 per sqft
1 Mar 2015RentedNew contract
AED 174,000/yr12 months · AED 117 per sqft
31 Jul 2011Sold by developerReady
AED 1,780,888AED 1,197 per sqft

Source: Dubai Land Department. Updated 10 March 2020.

Key facts

Type
2-bed apartment
Size
1,487 sqft
Floor
29th of 30
Parking
P-013
Developer
Emaar
Completed
2009
Service charge
AED 29,200 /yr
Last sold
AED 1.78M · July 2011
Building
Burj Views C

About 2902, Burj Views C

2902 is a two-bedroom apartment of 1,487 sqft on the 29th floor of Burj Views C, a 30-storey tower in Downtown Dubai completed in 2009 by Emaar. The developer sold it on 31 July 2011 for AED 1,780,888, or AED 1,197 per sqft, 3% above the AED 1,159 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 4 Ejari contracts. The current contract, signed on 10 March 2020, is AED 130,000 a year: a gross yield of 7.3% on the 2011 price, before the service charge of about AED 29,200 a year.

Sales and rents for 2902 over time

Sales
Unit 2902, each saleTypical two-bed in Burj Views C
2M2009201420192024Typical sale price by year: 2009 AED 1,664,888; 2010 AED 1,952,888; 2011 AED 1,575,944; 2012 AED 1,541,444; 2013 AED 2,162,500; 2014 AED 2,550,000; 2015 AED 2,100,000; 2016 AED 1,639,444; 2017 AED 1,698,683; 2019 AED 1,400,000; 2020 AED 1,250,000; 2021 AED 1,350,000; 2022 AED 1,500,000; 2023 AED 1,900,000; 2024 AED 2,200,000; 2025 AED 2,440,000; 2026 AED 2,250,000Sold by developer, July 2011: AED 1,780,888 (AED 1,197 per sqft)

2902 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2902, each contractTypical two-bed in Burj Views C
100K150K2012201620202024Typical rent by year: 2012 AED 102,500; 2013 AED 120,000; 2014 AED 140,000; 2015 AED 147,500; 2016 AED 137,500; 2017 AED 135,000; 2018 AED 117,500; 2019 AED 100,000; 2020 AED 90,000; 2021 AED 79,000; 2022 AED 97,179; 2023 AED 125,000; 2024 AED 141,500; 2025 AED 150,000; 2026 AED 135,000New contract, March 2015: AED 174,000 a yearNew contract, March 2017: AED 170,000 a yearNew contract, March 2019: AED 130,000 a yearNew contract, March 2020: AED 130,000 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 C, and where 2902 sits

All 86 2-beds →

2902 last sold in July 2011 at AED 1,197 per sqft, 3% above what two-beds in Burj Views C were fetching at the time (AED 1,159). Over the last 12 months two-beds sold for AED 2,000,000 to 2,500,000, around AED 1,766 per sqft, and rent for AED 105,000 to 230,000 a year. 2902's AED 130,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
3 Sep 20262,250,000
6 Aug 202645,368
1 May 20262,000,000
7 Jan 20262,500,000
6 2-bed sales in the last 12 months

Burj Views C

Building

173 apartments, 1-bed to 3-bed over 30 floors in Downtown Dubai, completed in 2009 by Emaar. 10 sold in the last 12 months.

Typical price per sqft
AED 1,827 Up 7.4%
Typical sale
AED 2.13M
Typical rent
AED 120K /yr
Typical yield
5.6%
Burj Views C, Downtown Dubai: prices, sales and rents →

Other units on the 29th floor

All 173 units in Burj Views C
Value
29012-bedAED 812K · Mar 2011
29032-bedAED 1.35M · Mar 2013
29041-bedAED 1.11M · Apr 2018
29051-bedAED 969K · Dec 2011
29061-bedAED 903K · Sep 2011

2902, Burj Views C in numbers

  • Sold once: by Emaar on 31 July 2011 for AED 1,780,888, or AED 1,197 per sqft.
  • Rented since March 2015 on 4 Ejari contracts, from AED 174,000 to AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2011 price is 7.3%, before a service charge of about AED 29,200 a year (AED 19.62 per sqft).
  • Two-beds in Burj Views C sold for AED 2,000,000–2,500,000 in the 12 months to November 2026; the building's median across all types is AED 1,827 per sqft.

Source: Dubai Land Department. Updated 10 March 2020.

Questions about 2902, Burj Views C

What did unit 2902 last sell for?

AED 1,780,888 on 31 July 2011, sold by the developer: AED 1,197 per sqft for 1,487 sqft. It is the only registered sale of the unit.

What is the rent for unit 2902?

AED 130,000 a year on the contract signed on 10 March 2020. The previous contract, from March 2019, was AED 130,000; the unit has been rented since March 2015.

How big is unit 2902?

1,487 sqft (138.1 sqm): a two-bedroom apartment on the 29th floor of a 30-storey tower completed in 2009.

What is unit 2902 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 C sold for AED 2,000,000 to 2,500,000 in the last 12 months, around AED 1,766 per sqft.

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Mortgage on 2902, Burj Views C

Starts from the last sale price (AED 1.78M, 31 July 2011). Switch to today's estimate once you have unlocked it.
Price
AED 1,780,888
Deposit, UAE resident (20%)
AED 356,178
Deposit, non-resident (40%)
AED 712,355
Monthly over 25 years at 3.7%
AED 7,286

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