1508, Burj Al Nujoom
Sold prices and rental history: sold 4 times, last in April 2022, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1508, Burj Al Nujoom
What is 1508 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 26 April 2022.
Key facts
- Type
- Studio apartment
- Size
- 453 sqft
- Floor
- 15th of 30
- Parking
- B2-08
- Developer
- Althuraya Real Estate Development
- Completed
- 2013
- Service charge
- AED 8,500 /yr
- Last sold
- AED 550K · April 2022
- Building
- Burj Al Nujoom
About 1508, Burj Al Nujoom
1508 is a studio of 453 sqft on the 15th floor of Burj Al Nujoom, a 30-storey tower in Downtown Dubai completed in 2013 by Althuraya Real Estate Development. It last sold on 26 April 2022 for AED 550,000, or AED 1,215 per sqft, 10% above the AED 1,104 studios in the building were fetching at the time.
It has been rented since 2015 on 2 Ejari contracts. The current contract, renewed on 12 January 2021, is AED 36,000 a year: a gross yield of 6.6% on the 2022 price, before the service charge of about AED 8,500 a year.
Sales and rents for 1508 over time
1508 has sold 4 times; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Burj Al Nujoom, and where 1508 sits
All 178 studios →1508 last sold in April 2022 at AED 1,215 per sqft, 10% above what studios in Burj Al Nujoom were fetching at the time (AED 1,104). Over the last 12 months studios sold for AED 850,000, around AED 1,890 per sqft, and rent for AED 36,923 to 75,000 a year. 1508's AED 36,000 is at the bottom of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 19 Jan 202619 January 2026 | 444 sqft | 850,000 | 1,916 | ||
| 17 Dec 202517 December 2025 | 456 sqft | 850,000 | 1,864 | ||
| 15 Jul 202515 July 2025 | 440 sqft | 850,000 | 1,931 | ||
| 21 May 202521 May 2025 | 444 sqft | 890,000 | 2,006 |
Burj Al Nujoom
Building376 apartments, studios to 3-bed over 30 floors in Downtown Dubai, completed in 2013 by Althuraya Real Estate Development. 6 sold in the last 12 months.
- Typical price per sqft
- AED 1,487
- Typical sale
- AED 1.25M
- Typical rent
- AED 74K /yr
- Typical yield
- 7.5%
Other units on the 15th floor
All 376 units in Burj Al Nujoom| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | Studio | 440 sqft | AED 930KAED 930,000 · Jul 2014July 2014 | 60,000 /yr | |
| 1502 | Studio | 444 sqft | AED 675KAED 675,000 · Dec 2016December 2016 | 53,000 /yr | |
| 1503 | Studio | 444 sqft | AED 925KAED 925,000 · Jul 2014July 2014 | 60,000 /yr | |
| 1504 | 1-bed | 860 sqft | AED 939KAED 938,539 · Apr 2014April 2014 | 70,000 /yr | |
| 1505 | 1-bed | 819 sqft | AED 1.05MAED 1,050,000 · Mar 2024March 2024 | 85,000 /yr | |
| 1506 | 2-bed | 1,508 sqft | AED 2.4MAED 2,400,000 · Oct 2013October 2013 | 110,000 /yr | |
| 1507 | 1-bed | 811 sqft | AED 1.11MAED 1,111,000 · Nov 2024November 2024 | 80,000 /yr | |
| 1509 | Studio | 452 sqft | AED 825KAED 825,000 · Dec 2024December 2024 | 40,800 /yr | |
| 1510 | Studio | 452 sqft | AED 770KAED 770,000 · Sep 2013September 2013 | 65,000 /yr | |
| 1511 | Studio | 456 sqft | AED 570KAED 570,000 · May 2022May 2022 | 57,000 /yr | |
| 1512 | 2-bed | 1,378 sqft | AED 1.35MAED 1,350,000 · Jun 2023June 2023 | 136,500 /yr | |
| 1513 | 2-bed | 1,390 sqft | AED 1.44MAED 1,442,242 · Jan 2012January 2012 | 155,000 /yr | |
| 1514 | 2-bed | 1,373 sqft | AED 2MAED 2,000,000 · Aug 2024August 2024 | 83,000 /yr |
1508, Burj Al Nujoom in numbers
- Sold 4 times: first on 24 January 2012 for AED 513,982, last on 26 April 2022 for AED 550,000 (AED 1,215 per sqft).
- Rented since January 2015 on 2 Ejari contracts, from AED 67,000 to AED 36,000 a year.
- At AED 36,000 a year the gross yield on the 2022 price is 6.6%, before a service charge of about AED 8,500 a year (AED 18.68 per sqft).
- Studios in Burj Al Nujoom sold for AED 850,000–850,000 in the 12 months to November 2026; the building's median across all types is AED 1,487 per sqft.
Source: YallaValue analysis of Dubai Land Department records. Updated 26 April 2022.
Questions about 1508, Burj Al Nujoom
What did unit 1508 last sell for?
AED 550,000 on 26 April 2022: AED 1,215 per sqft for 453 sqft. The unit has 4 registered sales; the first was AED 513,982 in January 2012.
What is the rent for unit 1508?
AED 36,000 a year on the contract renewed on 12 January 2021. The previous contract, from January 2015, was AED 67,000.
How big is unit 1508?
453 sqft (42.1 sqm): a studio on the 15th floor of a 30-storey tower completed in 2013.
What is unit 1508 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Burj Al Nujoom sold for AED 850,000 to 850,000 in the last 12 months, around AED 1,890 per sqft.
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Mortgage on 1508, Burj Al Nujoom
Starts from the last sale price (AED 550K, 26 April 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 550,000
- Deposit, UAE resident (20%)
- AED 110,000
- Deposit, non-resident (40%)
- AED 220,000
- Monthly over 25 years at 3.7%
- AED 2,250
Plus AED 28,110 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →