503, Burj Al Nujoom
Sold prices and rental history: sold 3 times, last in March 2022, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 503, Burj Al Nujoom
What is 503 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 14 November 2023.
Key facts
- Type
- Studio apartment
- Size
- 444 sqft
- Floor
- 5th of 30
- Parking
- B3-29
- Developer
- Althuraya Real Estate Development
- Completed
- 2013
- Service charge
- AED 8,300 /yr
- Last sold
- AED 515K · March 2022
- Building
- Burj Al Nujoom
About 503, Burj Al Nujoom
503 is a studio of 444 sqft on the 5th floor of Burj Al Nujoom, a 30-storey tower in Downtown Dubai completed in 2013 by Althuraya Real Estate Development. It last sold on 23 March 2022 for AED 515,000, or AED 1,161 per sqft, 5% above the AED 1,104 studios in the building were fetching at the time.
It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, renewed on 14 November 2023, is AED 40,000 a year: a gross yield of 7.8% on the 2022 price, before the service charge of about AED 8,300 a year.
Sales and rents for 503 over time
503 has sold 3 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 503 sits
All 178 studios →503 last sold in March 2022 at AED 1,161 per sqft, 5% 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. 503's AED 40,000 is in the lower half 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 5th floor
All 376 units in Burj Al Nujoom| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | Studio | 440 sqft | AED 750KAED 750,000 · Oct 2023October 2023 | 50,000 /yr | |
| 502 | Studio | 444 sqft | AED 550KAED 550,000 · Jun 2018June 2018 | 34,000 /yr | |
| 504 | 860 sqft | AED 1.35MAED 1,350,000 · Dec 2025December 2025 | 80,000 /yr | ||
| 505 | 1-bed | 819 sqft | AED 1.07MAED 1,070,000 · Jan 2025January 2025 | 40,000 /yr | |
| 506 | 2-bed | 1,508 sqft | AED 1.45MAED 1,452,984 · Jan 2012January 2012 | ||
| 507 | 1-bed | 811 sqft | AED 1.35MAED 1,350,000 · Apr 2015April 2015 | 60,000 /yr | |
| 508 | Studio | 453 sqft | AED 1.03MAED 1,025,000 · Apr 2015April 2015 | ||
| 509 | Studio | 452 sqft | AED 690KAED 690,000 · Jun 2013June 2013 | 64,000 /yr | |
| 510 | Studio | 452 sqft | AED 700KAED 700,000 · Jun 2013June 2013 | 64,000 /yr | |
| 511 | Studio | 456 sqft | AED 480KAED 480,188 · Jan 2012January 2012 | 54,000 /yr | |
| 512 | 2-bed | 1,378 sqft | AED 1.1MAED 1,100,000 · Feb 2020February 2020 | 95,000 /yr | |
| 513 | 2-bed | 1,390 sqft | AED 1.8MAED 1,800,000 · Nov 2024November 2024 | 200,000 /yr | |
| 514 | 2-bed | 1,373 sqft | AED 2.32MAED 2,317,225 · Aug 2014August 2014 | 100,000 /yr |
503, Burj Al Nujoom in numbers
- Sold 3 times: first on 19 January 2012 for AED 467,765, last on 23 March 2022 for AED 515,000 (AED 1,161 per sqft).
- Rented since February 2015 on 7 Ejari contracts. The rent fell from AED 65,000 to AED 35,000 in 2021 and recovered to AED 40,000 by November 2023.
- At AED 40,000 a year the gross yield on the 2022 price is 7.8%, before a service charge of about AED 8,300 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 14 November 2023.
Questions about 503, Burj Al Nujoom
What did unit 503 last sell for?
AED 515,000 on 23 March 2022: AED 1,161 per sqft for 444 sqft. The unit has 3 registered sales; the first was AED 467,765 in January 2012.
What is the rent for unit 503?
AED 40,000 a year on the contract renewed on 14 November 2023. The previous contract, from November 2022, was AED 40,000; the unit has been rented since February 2015.
How big is unit 503?
444 sqft (41.2 sqm): a studio on the 5th floor of a 30-storey tower completed in 2013.
What is unit 503 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 503, Burj Al Nujoom
Starts from the last sale price (AED 515K, 23 March 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 515,000
- Deposit, UAE resident (20%)
- AED 103,000
- Deposit, non-resident (40%)
- AED 206,000
- Monthly over 25 years at 3.7%
- AED 2,107
Plus AED 26,640 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →