2-bed · 1,342 sqftBurj Lofts Central, Downtown Dubai · 2nd floor · completed 2009

203, Burj Lofts Central

Sold prices and rental history: sold twice, last in January 2013, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 203 · DLD and Ejari recordsUpdated 15 October 2023
Last soldAED 2.13M21 January 2013
Current rentAED 120K /yr15 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 203, Burj Lofts Central

What is 203 worth today?

Last sold for AED 2,125,000 in 2013

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15 Oct 2023RentedRenewal
AED 120,000/yr12 months · AED 89 per sqft
15 Oct 2022RentedRenewal
AED 108,900/yr12 months · AED 81 per sqft
15 Oct 2021RentedNew contract
AED 99,000/yr12 months · AED 74 per sqft
7 Oct 2020RentedRenewal
AED 95,000/yr12 months · AED 71 per sqft
7 Oct 2019RentedRenewal
AED 110,000/yr12 months · AED 82 per sqft
7 Oct 2017RentedNew contract
AED 127,000/yr12 months · AED 94 per sqft
5 Nov 2014RentedNew contract
AED 130,000/yr12 months · AED 97 per sqft
21 Jan 2013SoldReady
AED 2,125,000AED 1,583 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 October 2023.

Key facts

Type
2-bed apartment
Size
1,342 sqft
Floor
2nd of 26
Parking
B1 - 1105
Developer
Emaar
Completed
2009
Service charge
AED 28,200 /yr
Last sold
AED 2.13M · January 2013

About 203, Burj Lofts Central

203 is a two-bedroom apartment of 1,342 sqft on the 2nd floor of Burj Lofts Central, a 26-storey tower in Downtown Dubai completed in 2009 by Emaar. It last sold on 21 January 2013 for AED 2,125,000, or AED 1,583 per sqft, 22% above the AED 1,298 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 8 Ejari contracts. The current contract, renewed on 15 October 2023, is AED 120,000 a year: a gross yield of 5.7% on the 2013 price, before the service charge of about AED 28,200 a year.

Sales and rents for 203 over time

Sales
Unit 203, each saleTypical two-bed in Burj Lofts Central
2M3M20102014201820222026Typical sale price by year: 2010 AED 2,188,888; 2011 AED 1,713,969; 2012 AED 1,850,000; 2013 AED 2,425,000; 2014 AED 3,150,000; 2015 AED 3,095,000; 2019 AED 1,650,000; 2020 AED 1,334,000; 2021 AED 1,500,000; 2023 AED 2,325,000; 2024 AED 2,590,000; 2025 AED 2,800,000Sold by developer, July 2010: AED 2,062,888 (AED 1,537 per sqft)Sold, January 2013: AED 2,125,000 (AED 1,583 per sqft)

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

Rents
Unit 203, each contractTypical two-bed in Burj Lofts Central
100K150K2012201620202024Typical rent by year: 2012 AED 130,000; 2013 AED 138,000; 2014 AED 152,500; 2015 AED 160,000; 2016 AED 165,000; 2017 AED 150,000; 2018 AED 136,000; 2019 AED 125,000; 2020 AED 97,500; 2021 AED 106,000; 2022 AED 120,232; 2023 AED 136,205; 2024 AED 150,000; 2025 AED 165,000; 2026 AED 165,000New contract, August 2012: AED 97,000 a yearNew contract, November 2014: AED 130,000 a yearNew contract, October 2017: AED 127,000 a yearRenewal, October 2019: AED 110,000 a yearRenewal, October 2020: AED 95,000 a yearNew contract, October 2021: AED 99,000 a yearRenewal, October 2022: AED 108,900 a yearRenewal, October 2023: AED 120,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Burj Lofts Central, and where 203 sits

All 68 2-beds →

203 last sold in January 2013 at AED 1,583 per sqft, 22% above what two-beds in Burj Lofts Central were fetching at the time (AED 1,298). Over the last 12 months two-beds sold for AED 2,750,000 to 4,350,000, around AED 2,481 per sqft, and rent for AED 121,500 to 175,000 a year. 203's AED 120,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
6 Feb 20263,650,000
19 Jan 20262,750,000
10 Jul 20252,950,000
10 Jul 20252,750,000
3 2-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 2nd floor

All 321 units in Burj Lofts Central
Value
2011-bedAED 1.08M · Nov 2021
2022-bedAED 2M · Sep 2018
2041-bedAED 1.13M · May 2010
2051-bedAED 1.21M · Oct 2015
2061-bedAED 1.12M · Jun 2010
L2011-bedAED 539K · Apr 2011
L2021-bedAED 1.21M · Aug 2010
1–7 of 62

203, Burj Lofts Central in numbers

  • Sold twice: first on 4 July 2010 for AED 2,062,888, last on 21 January 2013 for AED 2,125,000 (AED 1,583 per sqft).
  • Rented since August 2012 on 8 Ejari contracts, from AED 97,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2013 price is 5.7%, before a service charge of about AED 28,200 a year (AED 21.00 per sqft).
  • Two-beds in Burj Lofts Central sold for AED 2,750,000–4,350,000 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 15 October 2023.

Questions about 203, Burj Lofts Central

What did unit 203 last sell for?

AED 2,125,000 on 21 January 2013: AED 1,583 per sqft for 1,342 sqft. The unit has 2 registered sales; the first was AED 2,062,888 in July 2010.

What is the rent for unit 203?

AED 120,000 a year on the contract renewed on 15 October 2023. The previous contract, from October 2022, was AED 108,900; the unit has been rented since August 2012.

How big is unit 203?

1,342 sqft (124.7 sqm): a two-bedroom apartment on the 2nd floor of a 26-storey tower completed in 2009.

What is unit 203 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Burj Lofts Central sold for AED 2,750,000 to 4,350,000 in the last 12 months, around AED 2,481 per sqft.

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Mortgage on 203, Burj Lofts Central

Starts from the last sale price (AED 2.13M, 21 January 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,125,000
Deposit, UAE resident (20%)
AED 425,000
Deposit, non-resident (40%)
AED 850,000
Monthly over 25 years at 3.7%
AED 8,694

Plus AED 94,260 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →