1601, Burj Lofts Central
Sold prices and rental history: sold twice, last in May 2011, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1601, Burj Lofts Central
What is 1601 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 5 November 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 870 sqft
- Floor
- 16th of 26
- Parking
- B2 - 2133
- Developer
- Emaar
- Completed
- 2009
- Service charge
- AED 18,300 /yr
- Last sold
- AED 750K · May 2011
- Building
- Burj Lofts Central
About 1601, Burj Lofts Central
1601 is a one-bedroom apartment of 870 sqft on the 16th floor of Burj Lofts Central, a 26-storey tower in Downtown Dubai completed in 2009 by Emaar. It last sold on 22 May 2011 for AED 750,000, or AED 861 per sqft, 27% below the AED 1,181 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, signed on 5 November 2024, is AED 105,000 a year: a gross yield of 14.0% on the 2011 price, before the service charge of about AED 18,300 a year.
Sales and rents for 1601 over time
1601 has sold twice; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Burj Lofts Central, and where 1601 sits
All 226 1-beds →1601 last sold in May 2011 at AED 861 per sqft, 27% below what one-beds in Burj Lofts Central were fetching at the time (AED 1,181). Over the last 12 months one-beds sold for AED 1,715,000 to 2,300,000, around AED 2,307 per sqft, and rent for AED 61,500 to 230,000 a year. 1601's AED 105,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 5 Feb 20265 February 2026 | 1,080 sqft | 2,300,000 | 2,129 | ||
| 9 Jan 20269 January 2026 | 1,011 sqft | 66,286 | 65 | ||
| 26 Dec 202526 December 2025 | 690 sqft | 1,715,000 | 2,485 | ||
| 28 Jul 202528 July 2025 | 845 sqft | 1,600,000 | 1,893 |
Burj Lofts Central
Building321 apartments, studios to 3-bed over 26 floors in Downtown Dubai, completed in 2009 by Emaar. 6 sold in the last 12 months.
- Typical price per sqft
- AED 2,481
- Typical sale
- AED 2.75M
- Typical rent
- AED 110K /yr
- Typical yield
- 5.1%
Other units on the 16th floor
All 321 units in Burj Lofts Central| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1602 | 2-bed | 1,333 sqft | AED 1.8MAED 1,800,000 · Jul 2010July 2010 | ||
| 1603 | 2-bed | 1,416 sqft | AED 1.56MAED 1,560,000 · Dec 2010December 2010 | ||
| 1604 | 1-bed | 1,011 sqft | AED 1.3MAED 1,300,000 · May 2018May 2018 | 120,000 /yr | |
| 1605 | 1-bed | 690 sqft | AED 685KAED 685,000 · May 2011May 2011 | ||
| 1606 | 1-bed | 896 sqft | AED 900KAED 900,000 · Jan 2012January 2012 | 114,000 /yr |
1601, Burj Lofts Central in numbers
- Sold twice: first on 15 June 2010 for AED 1,499,441, last on 22 May 2011 for AED 750,000 (AED 861 per sqft).
- Rented since June 2014 on 8 Ejari contracts. The rent fell from AED 110,000 to AED 55,000 in 2021 and recovered to AED 105,000 by November 2024.
- At AED 105,000 a year the gross yield on the 2011 price is 14.0%, before a service charge of about AED 18,300 a year (AED 21.00 per sqft).
- One-beds in Burj Lofts Central sold for AED 1,715,000–2,300,000 in the 12 months to November 2026; the building's median across all types is AED 2,481 per sqft.
Source: YallaValue analysis of Dubai Land Department records. Updated 5 November 2024.
Questions about 1601, Burj Lofts Central
What did unit 1601 last sell for?
AED 750,000 on 22 May 2011: AED 861 per sqft for 870 sqft. The unit has 2 registered sales; the first was AED 1,499,441 in June 2010.
What is the rent for unit 1601?
AED 105,000 a year on the contract signed on 5 November 2024. The previous contract, from October 2022, was AED 69,000; the unit has been rented since June 2014.
How big is unit 1601?
870 sqft (80.8 sqm): a one-bedroom apartment on the 16th floor of a 26-storey tower completed in 2009.
What is unit 1601 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Burj Lofts Central sold for AED 1,715,000 to 2,300,000 in the last 12 months, around AED 2,307 per sqft.
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Mortgage on 1601, Burj Lofts Central
Starts from the last sale price (AED 750K, 22 May 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 750,000
- Deposit, UAE resident (20%)
- AED 150,000
- Deposit, non-resident (40%)
- AED 300,000
- Monthly over 25 years at 3.7%
- AED 3,068
Plus AED 36,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →