Studio · 440 sqftBurj Al Nujoom, Downtown Dubai · 16th floor · completed 2013

1601, Burj Al Nujoom

Sold prices and rental history: sold 3 times, last in April 2022, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1601 · DLD and Ejari recordsUpdated 25 January 2023
Last soldAED 475K20 April 2022
Current rentAED 40K /yr25 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1601, Burj Al Nujoom

What is 1601 worth today?

Last sold for AED 475,000 in 2022

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25 Jan 2023RentedRenewal
AED 40,000/yr12 months · AED 91 per sqft
20 Apr 2022SoldReady
AED 475,000AED 1,079 per sqft
25 Jan 2022RentedNew contract
AED 38,000/yr12 months · AED 86 per sqft
1 Feb 2021RentedNew contract
AED 30,000/yr12 months · AED 68 per sqft
13 Jan 2020RentedRenewal
AED 40,000/yr12 months · AED 91 per sqft
25 Jun 2019SoldReady
AED 450,000AED 1,022 per sqft
13 Jan 2019RentedNew contract
AED 47,000/yr12 months · AED 107 per sqft
13 Jan 2018RentedNew contract
AED 55,000/yr12 months · AED 125 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 25 January 2023.

Key facts

Type
Studio apartment
Size
440 sqft
Floor
16th of 30
Parking
B2-13
Developer
Althuraya Real Estate Development
Completed
2013
Service charge
AED 8,200 /yr
Last sold
AED 475K · April 2022

About 1601, Burj Al Nujoom

1601 is a studio of 440 sqft on the 16th floor of Burj Al Nujoom, a 30-storey tower in Downtown Dubai completed in 2013 by Althuraya Real Estate Development. It last sold on 20 April 2022 for AED 475,000, or AED 1,079 per sqft, in line with the AED 1,104 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, renewed on 25 January 2023, is AED 40,000 a year: a gross yield of 8.4% on the 2022 price, before the service charge of about AED 8,200 a year.

Sales and rents for 1601 over time

Sales
Unit 1601, each saleTypical studio in Burj Al Nujoom
400K600K800K2012201620202024Typical sale price by year: 2012 AED 501,319; 2013 AED 600,000; 2014 AED 552,094; 2015 AED 747,500; 2016 AED 750,000; 2017 AED 750,000; 2018 AED 620,000; 2019 AED 475,000; 2020 AED 475,750; 2021 AED 485,000; 2022 AED 550,000; 2023 AED 640,000; 2024 AED 800,000; 2025 AED 855,000Sold by developer, January 2012: AED 509,492 (AED 1,157 per sqft)Sold, June 2019: AED 450,000 (AED 1,022 per sqft)Sold, April 2022: AED 475,000 (AED 1,079 per sqft)

1601 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1601, each contractTypical studio in Burj Al Nujoom
40K60K2013201720212025Typical rent by year: 2013 AED 63,000; 2014 AED 68,000; 2015 AED 69,906; 2016 AED 65,000; 2017 AED 60,000; 2018 AED 53,000; 2019 AED 45,000; 2020 AED 36,000; 2021 AED 35,000; 2022 AED 45,000; 2023 AED 55,000; 2024 AED 62,500; 2025 AED 63,500; 2026 AED 60,000New contract, January 2017: AED 65,000 a yearNew contract, January 2018: AED 55,000 a yearNew contract, January 2019: AED 47,000 a yearRenewal, January 2020: AED 40,000 a yearNew contract, February 2021: AED 30,000 a yearNew contract, January 2022: AED 38,000 a yearRenewal, January 2023: AED 40,000 a year

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 1601 sits

All 178 studios →

1601 last sold in April 2022 at AED 1,079 per sqft, in line with 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. 1601's AED 40,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
19 Jan 2026850,000
17 Dec 2025850,000
15 Jul 2025850,000
21 May 2025890,000
2 studio sales in the last 12 months

Burj Al Nujoom

Building

376 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%
Burj Al Nujoom, Downtown Dubai: prices, sales and rents →

Other units on the 16th floor

All 376 units in Burj Al Nujoom
Value
1602StudioAED 700K · Jun 2013
1603StudioAED 450K · Mar 2021
16041-bedAED 1.4M · Sep 2014
16051-bedAED 1.13M · Dec 2024
16062-bedAED 1.45M · Nov 2023
16071-bedAED 1.3M · Nov 2013
1608StudioAED 510K · Apr 2019
1–7 of 13

1601, Burj Al Nujoom in numbers

  • Sold 3 times: first on 24 January 2012 for AED 509,492, last on 20 April 2022 for AED 475,000 (AED 1,079 per sqft).
  • Rented since January 2017 on 7 Ejari contracts. The rent fell from AED 65,000 to AED 30,000 in 2021 and recovered to AED 40,000 by January 2023.
  • At AED 40,000 a year the gross yield on the 2022 price is 8.4%, before a service charge of about AED 8,200 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 25 January 2023.

Questions about 1601, Burj Al Nujoom

What did unit 1601 last sell for?

AED 475,000 on 20 April 2022: AED 1,079 per sqft for 440 sqft. The unit has 3 registered sales; the first was AED 509,492 in January 2012.

What is the rent for unit 1601?

AED 40,000 a year on the contract renewed on 25 January 2023. The previous contract, from January 2022, was AED 38,000; the unit has been rented since January 2017.

How big is unit 1601?

440 sqft (40.9 sqm): a studio on the 16th floor of a 30-storey tower completed in 2013.

What is unit 1601 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 1601, Burj Al Nujoom

Starts from the last sale price (AED 475K, 20 April 2022). Switch to today's estimate once you have unlocked it.
Price
AED 475,000
Deposit, UAE resident (20%)
AED 95,000
Deposit, non-resident (40%)
AED 190,000
Monthly over 25 years at 3.7%
AED 1,943

Plus AED 22,860 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →