1-bed · 1,299 sqftBurj Lofts Central, Downtown Dubai · 26th floor · completed 2009

2603, Burj Lofts Central

Sold prices and rental history: sold 3 times, last in July 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2603 · DLD and Ejari recordsUpdated 15 October 2024
Last soldAED 2.04M22 July 2024
Current rentAED 150K /yr15 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2603, Burj Lofts Central

What is 2603 worth today?

Last sold for AED 2,035,000 in 2024

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15 Oct 2024RentedNew contract
AED 150,000/yr12 months · AED 115 per sqft
22 Jul 2024SoldReady
AED 2,035,000AED 1,566 per sqft
2 Nov 2022RentedNew contract
AED 87,000/yr12 months · AED 67 per sqft
4 Aug 2022SoldReady
AED 1,400,000AED 1,077 per sqft
2 Nov 2020RentedRenewal
AED 80,000/yr12 months · AED 61 per sqft
2 Nov 2019RentedRenewal
AED 90,000/yr12 months · AED 69 per sqft
2 Nov 2018RentedRenewal
AED 105,000/yr12 months · AED 81 per sqft
2 Nov 2017RentedRenewal
AED 115,000/yr12 months · AED 88 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 October 2024.

Key facts

Type
1-bed apartment
Size
1,299 sqft
Floor
26th of 26
Parking
B1 - 1166
Developer
Emaar
Completed
2009
Service charge
AED 27,300 /yr
Last sold
AED 2.04M · July 2024

About 2603, Burj Lofts Central

2603 is a one-bedroom apartment of 1,299 sqft on the 26th floor of Burj Lofts Central, a 26-storey tower in Downtown Dubai completed in 2009 by Emaar. It last sold on 22 July 2024 for AED 2,035,000, or AED 1,566 per sqft, 12% below the AED 1,774 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 15 October 2024, is AED 150,000 a year: a gross yield of 7.4% on the 2024 price, before the service charge of about AED 27,300 a year.

Sales and rents for 2603 over time

Sales
Unit 2603, each saleTypical one-bed in Burj Lofts Central
1M2M20102014201820222026Typical 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, May 2010: AED 1,775,888 (AED 1,367 per sqft)Sold, August 2022: AED 1,400,000 (AED 1,077 per sqft)Sold, July 2024: AED 2,035,000 (AED 1,566 per sqft)

2603 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2603, each contractTypical one-bed in Burj Lofts Central
50K100K150K2012201620202024Typical 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 105,000New contract, August 2013: AED 110,000 a yearRenewal, November 2017: AED 115,000 a yearRenewal, November 2018: AED 105,000 a yearRenewal, November 2019: AED 90,000 a yearRenewal, November 2020: AED 80,000 a yearNew contract, November 2022: AED 87,000 a yearNew contract, October 2024: AED 150,000 a year

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 2603 sits

All 226 1-beds →

2603 last sold in July 2024 at AED 1,566 per sqft, 12% below what one-beds in Burj Lofts Central were fetching at the time (AED 1,774). 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. 2603's AED 150,000 is in the upper half of that range.

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 26th floor

All 321 units in Burj Lofts Central
Value
26011-bedAED 850K · Apr 2016
26023-bedAED 4.5M · Feb 2018
26041-bedAED 1.37M · Dec 2022
26051-bedAED 1.34M · Sep 2018

2603, Burj Lofts Central in numbers

  • Sold 3 times: first on 4 May 2010 for AED 1,775,888, last on 22 July 2024 for AED 2,035,000 (AED 1,566 per sqft).
  • Rented since August 2013 on 7 Ejari contracts. The rent fell from AED 110,000 to AED 80,000 in 2020 and recovered to AED 150,000 by October 2024.
  • At AED 150,000 a year the gross yield on the 2024 price is 7.4%, before a service charge of about AED 27,300 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 15 October 2024.

Questions about 2603, Burj Lofts Central

What did unit 2603 last sell for?

AED 2,035,000 on 22 July 2024: AED 1,566 per sqft for 1,299 sqft. The unit has 3 registered sales; the first was AED 1,775,888 in May 2010.

What is the rent for unit 2603?

AED 150,000 a year on the contract signed on 15 October 2024. The previous contract, from November 2022, was AED 87,000; the unit has been rented since August 2013.

How big is unit 2603?

1,299 sqft (120.7 sqm): a one-bedroom apartment on the 26th floor of a 26-storey tower completed in 2009.

What is unit 2603 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 2603, Burj Lofts Central

Starts from the last sale price (AED 2.04M, 22 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,035,000
Deposit, UAE resident (20%)
AED 407,000
Deposit, non-resident (40%)
AED 814,000
Monthly over 25 years at 3.7%
AED 8,326

Plus AED 90,480 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →