1602, Burj Lofts West
Sold prices and rental history: sold once, by the developer in May 2010, 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 1602, Burj Lofts West
What is 1602 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 31 January 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,433 sqft
- Floor
- 16th of 30
- Parking
- P - 20
- Developer
- Emaar
- Completed
- 2009
- Service charge
- AED 30,100 /yr
- Last sold
- AED 2.84M · May 2010
- Building
- Burj Lofts West
About 1602, Burj Lofts West
1602 is a two-bedroom apartment of 1,433 sqft on the 16th floor of Burj Lofts West, a 30-storey tower in Downtown Dubai completed in 2009 by Emaar. The developer sold it on 13 May 2010 for AED 2,837,888, or AED 1,979 per sqft, 11% above the AED 1,790 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, renewed on 31 January 2024, is AED 145,000 a year: a gross yield of 5.1% on the 2010 price, before the service charge of about AED 30,100 a year.
Sales and rents for 1602 over time
1602 has sold once; the dashed line is the two-bed median of each year in the building.
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 West, and where 1602 sits
All 83 2-beds →1602 last sold in May 2010 at AED 1,979 per sqft, 11% above what two-beds in Burj Lofts West were fetching at the time (AED 1,790). Over the last 12 months two-beds sold for AED 2,450,000 to 3,350,000, around AED 2,084 per sqft, and rent for AED 138,000 to 443,000 a year. 1602's AED 145,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 6 Jan 20266 January 2026 | 1,433 sqft | 3,350,000 | 2,337 | ||
| 29 Dec 202529 December 2025 | 1,241 sqft | 2,525,000 | 2,034 | ||
| 12 Dec 202512 December 2025 | 1,241 sqft | 2,650,000 | 2,134 | ||
| 8 Jul 20258 July 2025 | 1,253 sqft | 2,575,000 | 2,055 |
Burj Lofts West
Building171 apartments, 1-bed to 2-bed over 30 floors in Downtown Dubai, completed in 2009 by Emaar. 8 sold in the last 12 months.
- Typical price per sqft
- AED 2,236
- Typical sale
- AED 2.49M
- Typical rent
- AED 146K /yr
- Typical yield
- 5.9%
Other units on the 16th floor
All 171 units in Burj Lofts West| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 2-bed | 1,297 sqft | AED 1.05MAED 1,050,000 · Nov 2012November 2012 | 145,000 /yr | |
| 1603 | 2-bed | 1,241 sqft | AED 2.14MAED 2,139,888 · Jan 2010January 2010 | 136,267 /yr | |
| 1604 | 1-bed | 884 sqft | AED 665KAED 664,944 · Jun 2010June 2010 | 108,000 /yr | |
| 1605 | 1-bed | 916 sqft | AED 1.5MAED 1,500,000 · Dec 2023December 2023 | 148,000 /yr | |
| 1606 | 1-bed | 745 sqft | AED 1.2MAED 1,202,888 · May 2012May 2012 | 110,000 /yr |
1602, Burj Lofts West in numbers
- Sold once: by Emaar on 13 May 2010 for AED 2,837,888, or AED 1,979 per sqft.
- Rented since September 2014 on 9 Ejari contracts. The rent fell from AED 165,000 to AED 92,000 in 2021 and recovered to AED 145,000 by January 2024.
- At AED 145,000 a year the gross yield on the 2010 price is 5.1%, before a service charge of about AED 30,100 a year (AED 21.00 per sqft).
- Two-beds in Burj Lofts West sold for AED 2,450,000–3,350,000 in the 12 months to November 2026; the building's median across all types is AED 2,236 per sqft.
Source: YallaValue analysis of Dubai Land Department records. Updated 31 January 2024.
Questions about 1602, Burj Lofts West
What did unit 1602 last sell for?
AED 2,837,888 on 13 May 2010, sold by the developer: AED 1,979 per sqft for 1,433 sqft. It is the only registered sale of the unit.
What is the rent for unit 1602?
AED 145,000 a year on the contract renewed on 31 January 2024. The previous contract, from January 2023, was AED 132,000; the unit has been rented since September 2014.
How big is unit 1602?
1,433 sqft (133.1 sqm): a two-bedroom apartment on the 16th floor of a 30-storey tower completed in 2009.
What is unit 1602 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 West sold for AED 2,450,000 to 3,350,000 in the last 12 months, around AED 2,084 per sqft.
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Mortgage on 1602, Burj Lofts West
Starts from the last sale price (AED 2.84M, 13 May 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 2,837,888
- Deposit, UAE resident (20%)
- AED 567,578
- Deposit, non-resident (40%)
- AED 1,135,155
- Monthly over 25 years at 3.7%
- AED 11,611
Plus AED 124,202 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →