2-bed · 1,487 sqftBurj Views A, Downtown Dubai · 24th floor · completed 2009

2402, Burj Views A

Sold prices and rental history: sold twice, last in March 2011, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2402 · DLD and Ejari recordsUpdated 1 September 2024
Last soldAED 1.1M15 March 2011
Current rentAED 150K /yr1 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2402, Burj Views A

What is 2402 worth today?

Last sold for AED 1,100,000 in 2011

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1 Sep 2024RentedRenewal
AED 150,000/yr12 months · AED 101 per sqft
1 Sep 2023RentedNew contract
AED 140,000/yr12 months · AED 94 per sqft
15 Oct 2022RentedRenewal
AED 115,500/yr12 months · AED 78 per sqft
17 Dec 2018RentedRenewal
AED 150,000/yr12 months · AED 101 per sqft
17 Dec 2017RentedRenewal
AED 150,000/yr12 months · AED 101 per sqft
17 Dec 2016RentedRenewal
AED 150,000/yr12 months · AED 101 per sqft
17 Dec 2015RentedRenewal
AED 150,000/yr12 months · AED 101 per sqft
16 Dec 2012RentedNew contract
AED 130,000/yr12 months · AED 88 per sqft

Source: Dubai Land Department. Updated 1 September 2024.

Key facts

Type
2-bed apartment
Size
1,487 sqft
Floor
24th of 30
Parking
P-036
Developer
Emaar
Completed
2009
Service charge
AED 29,200 /yr
Last sold
AED 1.1M · March 2011
Building
Burj Views A

About 2402, Burj Views A

2402 is a two-bedroom apartment of 1,487 sqft on the 24th floor of Burj Views A, a 30-storey tower in Downtown Dubai completed in 2009 by Emaar. The developer sold it on 15 March 2011 for AED 1,100,000, or AED 739 per sqft, 35% below the AED 1,145 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 8 Ejari contracts. The current contract, renewed on 1 September 2024, is AED 150,000 a year: a gross yield of 13.6% on the 2011 price, before the service charge of about AED 29,200 a year.

Sales and rents for 2402 over time

Sales
Unit 2402, each saleTypical two-bed in Burj Views A
1M2M3M2009201420192024Typical sale price by year: 2009 AED 1,613,888; 2010 AED 1,755,888; 2011 AED 1,410,888; 2012 AED 1,637,500; 2013 AED 2,020,000; 2014 AED 2,800,000; 2015 AED 2,137,500; 2016 AED 2,000,000; 2019 AED 1,335,000; 2020 AED 1,280,000; 2021 AED 1,400,000; 2022 AED 1,675,000; 2023 AED 2,077,500; 2024 AED 2,300,000; 2025 AED 2,340,000Sold by developer, March 2011: AED 1,100,000 (AED 739 per sqft)Sold, March 2011: AED 1,755,888 (AED 1,180 per sqft)

2402 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2402, each contractTypical two-bed in Burj Views A
100K150K2012201620202024Typical rent by year: 2012 AED 107,500; 2013 AED 125,535; 2014 AED 140,000; 2015 AED 147,000; 2016 AED 145,000; 2017 AED 135,000; 2018 AED 127,000; 2019 AED 105,000; 2020 AED 90,000; 2021 AED 95,000; 2022 AED 114,725; 2023 AED 130,000; 2024 AED 150,000; 2025 AED 150,000; 2026 AED 170,000New contract, December 2012: AED 130,000 a yearRenewal, December 2015: AED 150,000 a yearRenewal, December 2016: AED 150,000 a yearRenewal, December 2017: AED 150,000 a yearRenewal, December 2018: AED 150,000 a yearRenewal, October 2022: AED 115,500 a yearNew contract, September 2023: AED 140,000 a yearRenewal, September 2024: AED 150,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Burj Views A, and where 2402 sits

All 86 2-beds →

2402 last sold in March 2011 at AED 739 per sqft, 35% below what two-beds in Burj Views A were fetching at the time (AED 1,145). 2402's AED 150,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
9 Jul 20252,400,000
28 May 20252,100,000
20 Feb 20252,350,000
30 Jan 20252,330,000
0 2-bed sales in the last 12 months

Burj Views A

Building

176 apartments, 1-bed to 3-bed over 30 floors in Downtown Dubai, completed in 2009 by Emaar. 3 sold in the last 12 months.

Typical price per sqft
AED 1,796
Typical sale
AED 1.74M
Typical rent
AED 120K /yr
Typical yield
7.0%
Burj Views A, Downtown Dubai: prices, sales and rents →

Other units on the 24th floor

All 176 units in Burj Views A
Value
24012-bedAED 2.47M · Jul 2024
24032-bedAED 1.33M · Jan 2013
24041-bedAED 1.55M · Apr 2015
24051-bedAED 1.95M · Mar 2012
24061-bedAED 900K · Jan 2022

2402, Burj Views A in numbers

  • Sold twice: first on 15 March 2011 for AED 1,755,888, last on 15 March 2011 for AED 1,100,000 (AED 739 per sqft).
  • Rented since December 2012 on 8 Ejari contracts. The rent fell from AED 130,000 to AED 115,500 in 2022 and recovered to AED 150,000 by September 2024.
  • At AED 150,000 a year the gross yield on the 2011 price is 13.6%, before a service charge of about AED 29,200 a year (AED 19.62 per sqft).

Source: Dubai Land Department. Updated 1 September 2024.

Questions about 2402, Burj Views A

What did unit 2402 last sell for?

AED 1,100,000 on 15 March 2011, sold by the developer: AED 739 per sqft for 1,487 sqft. The unit has 2 registered sales; the first was AED 1,755,888 in March 2011.

What is the rent for unit 2402?

AED 150,000 a year on the contract renewed on 1 September 2024. The previous contract, from September 2023, was AED 140,000; the unit has been rented since December 2012.

How big is unit 2402?

1,487 sqft (138.1 sqm): a two-bedroom apartment on the 24th floor of a 30-storey tower completed in 2009.

What is unit 2402 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 2402, Burj Views A

Starts from the last sale price (AED 1.1M, 15 March 2011). Switch to today's estimate once you have unlocked it.
Price
AED 1,100,000
Deposit, UAE resident (20%)
AED 220,000
Deposit, non-resident (40%)
AED 440,000
Monthly over 25 years at 3.7%
AED 4,500

Plus AED 51,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →