1-bed · 745 sqftBurj Lofts West, Downtown Dubai · 16th floor · completed 2009

1606, Burj Lofts West

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

Unit 1606 · DLD and Ejari recordsUpdated 18 February 2024
Last soldAED 1.2M13 May 2012
Current rentAED 110K /yr18 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1606, Burj Lofts West

What is 1606 worth today?

Last sold for AED 1,202,888 in 2012

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18 Feb 2024RentedRenewal
AED 110,000/yr12 months · AED 148 per sqft
18 Feb 2023RentedRenewal
AED 100,000/yr12 months · AED 135 per sqft
18 Feb 2021RentedRenewal
AED 65,000/yr12 months · AED 88 per sqft
18 Feb 2020RentedNew contract
AED 80,000/yr12 months · AED 108 per sqft
23 May 2015RentedNew contract
AED 110,000/yr12 months · AED 148 per sqft
25 May 2013RentedNew contract
AED 80,000/yr12 months · AED 108 per sqft
13 May 2012Sold by developerReady
AED 1,202,888AED 1,614 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 18 February 2024.

Key facts

Type
1-bed apartment
Size
745 sqft
Floor
16th of 30
Parking
B3 - 3015
Developer
Emaar
Completed
2009
Service charge
AED 15,600 /yr
Last sold
AED 1.2M · May 2012

About 1606, Burj Lofts West

1606 is a one-bedroom apartment of 745 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 2012 for AED 1,202,888, or AED 1,614 per sqft, 23% above the AED 1,307 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 18 February 2024, is AED 110,000 a year: a gross yield of 9.1% on the 2012 price, before the service charge of about AED 15,600 a year.

Sales and rents for 1606 over time

Sales
Unit 1606, each saleTypical one-bed in Burj Lofts West
1M1.5M20102014201820222026Typical sale price by year: 2010 AED 1,263,888; 2011 AED 1,195,888; 2012 AED 1,202,888; 2013 AED 1,394,944; 2014 AED 1,700,000; 2015 AED 1,433,888; 2016 AED 1,650,000; 2017 AED 1,275,000; 2018 AED 1,042,333; 2020 AED 850,000; 2021 AED 1,035,000; 2022 AED 1,175,000; 2023 AED 1,500,000; 2024 AED 1,609,000; 2025 AED 1,770,000Sold by developer, May 2012: AED 1,202,888 (AED 1,614 per sqft)

1606 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1606, each contractTypical one-bed in Burj Lofts West
100K2012201620202024Typical rent by year: 2012 AED 75,000; 2013 AED 80,000; 2014 AED 100,000; 2015 AED 105,000; 2016 AED 100,000; 2017 AED 95,000; 2018 AED 90,000; 2019 AED 75,000; 2020 AED 65,000; 2021 AED 64,444; 2022 AED 78,540; 2023 AED 94,000; 2024 AED 110,000; 2025 AED 114,681; 2026 AED 134,500New contract, May 2013: AED 80,000 a yearNew contract, May 2015: AED 110,000 a yearNew contract, February 2020: AED 80,000 a yearRenewal, February 2021: AED 65,000 a yearRenewal, February 2023: AED 100,000 a yearRenewal, February 2024: AED 110,000 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 West, and where 1606 sits

All 80 1-beds →

1606 last sold in May 2012 at AED 1,614 per sqft, 23% above what one-beds in Burj Lofts West were fetching at the time (AED 1,307). Over the last 12 months one-beds sold for AED 2,200,000 to 2,215,000, around AED 2,731 per sqft, and rent for AED 90,000 to 170,000 a year. 1606's AED 110,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
13 Feb 20262,200,000
11 Feb 20262,215,000
12 Jan 202648,948
8 Jan 202645,792
4 1-bed sales in the last 12 months

Burj Lofts West

Building

171 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%
Burj Lofts West, Downtown Dubai: prices, sales and rents →

Other units on the 16th floor

All 171 units in Burj Lofts West
Value
16012-bedAED 1.05M · Nov 2012
16022-bedAED 2.84M · May 2010
16032-bedAED 2.14M · Jan 2010
16041-bedAED 665K · Jun 2010
16051-bedAED 1.5M · Dec 2023

1606, Burj Lofts West in numbers

  • Sold once: by Emaar on 13 May 2012 for AED 1,202,888, or AED 1,614 per sqft.
  • Rented since May 2013 on 6 Ejari contracts. The rent fell from AED 80,000 to AED 65,000 in 2021 and recovered to AED 110,000 by February 2024.
  • At AED 110,000 a year the gross yield on the 2012 price is 9.1%, before a service charge of about AED 15,600 a year (AED 21.00 per sqft).
  • One-beds in Burj Lofts West sold for AED 2,200,000–2,215,000 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 18 February 2024.

Questions about 1606, Burj Lofts West

What did unit 1606 last sell for?

AED 1,202,888 on 13 May 2012, sold by the developer: AED 1,614 per sqft for 745 sqft. It is the only registered sale of the unit.

What is the rent for unit 1606?

AED 110,000 a year on the contract renewed on 18 February 2024. The previous contract, from February 2023, was AED 100,000; the unit has been rented since May 2013.

How big is unit 1606?

745 sqft (69.2 sqm): a one-bedroom apartment on the 16th floor of a 30-storey tower completed in 2009.

What is unit 1606 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 West sold for AED 2,200,000 to 2,215,000 in the last 12 months, around AED 2,731 per sqft.

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Mortgage on 1606, Burj Lofts West

Starts from the last sale price (AED 1.2M, 13 May 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,202,888
Deposit, UAE resident (20%)
AED 240,578
Deposit, non-resident (40%)
AED 481,155
Monthly over 25 years at 3.7%
AED 4,921

Plus AED 55,532 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →