1-bed · 913 sqftBurj Lofts Central, Downtown Dubai · 2nd floor · completed 2009

L232, Burj Lofts Central

Sold prices and rental history: sold 3 times, last in January 2021, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit L232 · DLD and Ejari recordsUpdated 5 October 2023
Last soldAED 850K19 January 2021
Current rentAED 85K /yr5 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for L232, Burj Lofts Central

What is L232 worth today?

Last sold for AED 850,000 in 2021

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5 Oct 2023RentedRenewal
AED 85,000/yr12 months · AED 93 per sqft
5 Oct 2022RentedNew contract
AED 85,000/yr12 months · AED 93 per sqft
5 Mar 2021RentedNew contract
AED 72,000/yr12 months · AED 79 per sqft
19 Jan 2021SoldReady
AED 850,000AED 931 per sqft
5 Mar 2020RentedNew contract
AED 75,000/yr12 months · AED 82 per sqft
6 Apr 2017SoldReady
AED 1,392,588AED 1,525 per sqft
23 Jun 2010Sold by developerReady
AED 880,888AED 964 per sqft

Source: Dubai Land Department. Updated 5 October 2023.

Key facts

Type
1-bed apartment
Size
913 sqft
Floor
2nd of 26
Parking
B3 - 3093
Developer
Emaar
Completed
2009
Service charge
AED 19,200 /yr
Last sold
AED 850K · January 2021

About L232, Burj Lofts Central

L232 is a one-bedroom apartment of 913 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 19 January 2021 for AED 850,000, or AED 931 per sqft, 6% below the AED 990 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 5 October 2023, is AED 85,000 a year: a gross yield of 10.0% on the 2021 price, before the service charge of about AED 19,200 a year.

Sales and rents for L232 over time

Sales
Unit L232, 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 880,888 (AED 964 per sqft)Sold, April 2017: AED 1,392,588 (AED 1,525 per sqft)Sold, January 2021: AED 850,000 (AED 931 per sqft)

L232 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit L232, 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 105,000New contract, March 2020: AED 75,000 a yearNew contract, March 2021: AED 72,000 a yearNew contract, October 2022: AED 85,000 a yearRenewal, October 2023: AED 85,000 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 L232 sits

All 226 1-beds →

L232 last sold in January 2021 at AED 931 per sqft, 6% below what one-beds in Burj Lofts Central were fetching at the time (AED 990). 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. L232's AED 85,000 is in the lower 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 2nd floor

All 321 units in Burj Lofts Central
Value
2011-bedAED 1.08M · Nov 2021
2022-bedAED 2M · Sep 2018
2032-bedAED 2.13M · Jan 2013
2041-bedAED 1.13M · May 2010
2051-bedAED 1.21M · Oct 2015
2061-bedAED 1.12M · Jun 2010
L2011-bedAED 539K · Apr 2011
1–7 of 62

L232, Burj Lofts Central in numbers

  • Sold 3 times: first on 23 June 2010 for AED 880,888, last on 19 January 2021 for AED 850,000 (AED 931 per sqft).
  • Rented since March 2020 on 4 Ejari contracts, from AED 75,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2021 price is 10.0%, before a service charge of about AED 19,200 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: Dubai Land Department. Updated 5 October 2023.

Questions about L232, Burj Lofts Central

What did unit L232 last sell for?

AED 850,000 on 19 January 2021: AED 931 per sqft for 913 sqft. The unit has 3 registered sales; the first was AED 880,888 in June 2010.

What is the rent for unit L232?

AED 85,000 a year on the contract renewed on 5 October 2023. The previous contract, from October 2022, was AED 85,000; the unit has been rented since March 2020.

How big is unit L232?

913 sqft (84.8 sqm): a one-bedroom apartment on the 2nd floor of a 26-storey tower completed in 2009.

What is unit L232 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 L232, Burj Lofts Central

Starts from the last sale price (AED 850K, 19 January 2021). Switch to today's estimate once you have unlocked it.
Price
AED 850,000
Deposit, UAE resident (20%)
AED 170,000
Deposit, non-resident (40%)
AED 340,000
Monthly over 25 years at 3.7%
AED 3,478

Plus AED 40,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →