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1-bed · 690 sqftBurj Lofts Central, Downtown Dubai · 16th floor · completed 2009

1605, Burj Lofts Central

Sold prices and rental history: sold twice, last in May 2011, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1605 · DLD and Ejari recordsUpdated 25 May 2011
Last soldAED 685K25 May 2011
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1605, Burj Lofts Central

What is 1605 worth today?

Last sold for AED 685,000 in 2011

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25 May 2011SoldReady
AED 685,000AED 992 per sqft
15 Jun 2010Sold by developerReady
AED 1,373,888AED 1,991 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 25 May 2011.

Key facts

Type
1-bed apartment
Size
690 sqft
Floor
16th of 26
Parking
B3 - 3067
Developer
Emaar
Completed
2009
Service charge
AED 14,500 /yr
Last sold
AED 685K · May 2011
Building
Burj Lofts Central

About 1605, Burj Lofts Central

1605 is a one-bedroom apartment of 690 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 25 May 2011 for AED 685,000, or AED 992 per sqft, 16% below the AED 1,184 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1605 over time

Sales
Unit 1605, each saleTypical one-bed in Burj Lofts Central
1M1.5M20102014201820222026Typical sale price by year: 2010 AED 1,023,888; 2011 AED 853,944; 2012 AED 989,817; 2013 AED 1,285,000; 2014 AED 1,600,000; 2015 AED 1,475,000; 2016 AED 1,377,500; 2017 AED 1,275,000; 2018 AED 1,300,000; 2019 AED 1,062,500; 2020 AED 760,000; 2021 AED 890,000; 2022 AED 1,330,000; 2023 AED 1,350,000; 2024 AED 1,612,500; 2025 AED 1,674,500Sold by developer, June 2010: AED 1,373,888 (AED 1,991 per sqft)Sold, May 2011: AED 685,000 (AED 992 per sqft)

1605 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1605, each contractTypical one-bed in Burj Lofts Central
60K80K100K2012201620202024Typical rent by year: 2012 AED 70,559; 2013 AED 84,500; 2014 AED 97,000; 2015 AED 100,000; 2016 AED 105,000; 2017 AED 99,000; 2018 AED 90,000; 2019 AED 80,000; 2020 AED 67,500; 2021 AED 65,000; 2022 AED 76,500; 2023 AED 88,000; 2024 AED 105,000; 2025 AED 105,000; 2026 AED 105,000

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 1605 sits

All 226 1-beds →

1605 last sold in May 2011 at AED 992 per sqft, 16% below what one-beds in Burj Lofts Central were fetching at the time (AED 1,184). 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.

Recent 1-bed salesUnit no.Price (AED)Summary
5 Feb 20262,300,000
9 Jan 202666,286
26 Dec 20251,715,000
28 Jul 20251,600,000
3 1-bed sales in the last 12 months

Burj Lofts Central

Building

321 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%
Burj Lofts Central, Downtown Dubai: prices, sales and rents →

Other units on the 16th floor

All 321 units in Burj Lofts Central
Value
16011-bedAED 750K · May 2011
16022-bedAED 1.8M · Jul 2010
16032-bedAED 1.56M · Dec 2010
16041-bedAED 1.3M · May 2018
16061-bedAED 900K · Jan 2012

1605, Burj Lofts Central in numbers

  • Sold twice: first on 15 June 2010 for AED 1,373,888, last on 25 May 2011 for AED 685,000 (AED 992 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 25 May 2011.

Questions about 1605, Burj Lofts Central

What did unit 1605 last sell for?

AED 685,000 on 25 May 2011: AED 992 per sqft for 690 sqft. The unit has 2 registered sales; the first was AED 1,373,888 in June 2010.

How big is unit 1605?

690 sqft (64.1 sqm): a one-bedroom apartment on the 16th floor of a 26-storey tower completed in 2009.

What is unit 1605 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 1605, Burj Lofts Central

Starts from the last sale price (AED 685K, 25 May 2011). Switch to today's estimate once you have unlocked it.
Price
AED 685,000
Deposit, UAE resident (20%)
AED 137,000
Deposit, non-resident (40%)
AED 274,000
Monthly over 25 years at 3.7%
AED 2,803

Plus AED 33,780 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →