1,241 sqftBurj Lofts West, Downtown Dubai · 17th floor · completed 2009

1703, Burj Lofts West

Sold prices and rental history: sold once, by the developer in December 2011, and rented once, from August 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1703 · DLD and Ejari recordsUpdated 26 August 2024
Last soldAED 1.48M25 December 2011
Current rentAED 200K /yr26 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1703, Burj Lofts West

What is 1703 worth today?

Last sold for AED 1,484,888 in 2011

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26 Aug 2024RentedNew contract
AED 200,000/yr12 months · AED 161 per sqft
25 Dec 2011Sold by developerReady
AED 1,484,888AED 1,196 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 26 August 2024.

Key facts

Type
Apartment
Size
1,241 sqft
Floor
17th of 30
Parking
B1 - 1028
Developer
Emaar
Completed
2009
Service charge
AED 26,100 /yr
Last sold
AED 1.48M · December 2011

About 1703, Burj Lofts West

1703 is an apartment of 1,241 sqft on the 17th floor of Burj Lofts West, a 30-storey tower in Downtown Dubai completed in 2009 by Emaar. The developer sold it on 25 December 2011 for AED 1,484,888, or AED 1,196 per sqft.

One Ejari contract is registered, from 26 August 2024. The current contract, signed on 26 August 2024, is AED 200,000 a year: a gross yield of 13.5% on the 2011 price, before the service charge of about AED 26,100 a year.

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 17th floor

All 171 units in Burj Lofts West
Value
17012-bedAED 1.52M · Oct 2011
17022-bedAED 1.87M · Aug 2011
17041-bedAED 1.64M · Nov 2024
17051-bedAED 1.14M · Dec 2011
17061-bedAED 925K · Jul 2019

1703, Burj Lofts West in numbers

  • Sold once: by Emaar on 25 December 2011 for AED 1,484,888, or AED 1,196 per sqft.
  • Rented since August 2024 on one Ejari contract, at AED 200,000 a year.
  • At AED 200,000 a year the gross yield on the 2011 price is 13.5%, before a service charge of about AED 26,100 a year (AED 21.00 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 26 August 2024.

Questions about 1703, Burj Lofts West

What did unit 1703 last sell for?

AED 1,484,888 on 25 December 2011, sold by the developer: AED 1,196 per sqft for 1,241 sqft. It is the only registered sale of the unit.

What is the rent for unit 1703?

AED 200,000 a year on the contract signed on 26 August 2024.

How big is unit 1703?

1,241 sqft (115.3 sqm): an apartment on the 17th floor of a 30-storey tower completed in 2009.

What is unit 1703 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 1703, Burj Lofts West

Starts from the last sale price (AED 1.48M, 25 December 2011). Switch to today's estimate once you have unlocked it.
Price
AED 1,484,888
Deposit, UAE resident (20%)
AED 296,978
Deposit, non-resident (40%)
AED 593,955
Monthly over 25 years at 3.7%
AED 6,075

Plus AED 67,376 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →