PropertyIndex

The Lofts

527 units · 3 towers · 2 buildings

The Lofts is a community in Downtown Dubai, comprising 527 registered units. 1,027 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,893 per sqft. At AED 1,893 per sqft, The Lofts prices 35% below the Downtown Dubai median of AED 2,907 per sqft on registered sales.

PIX© price · 6.0% YoY
2.01MAED
Typical
1,893AED
PSF
Gross yield
6.2%
PIX© rent ÷ PIX© price
Sale records
1,027
DLD · all time
Rent contracts
4,052
Ejari · all time
Exclusive to PropertyIndex©

PIX© Unit History

Pick a building and floor, or select a position in any table below, to follow one unit through every registered owner and tenant.

Building
Floor
Units on l1

1 Bed on L1

Size
Record
Feb 2010 to Jan 2024
Owners
8
Tenants
4
Price change
Yield on cost
Sale price by owner
PartyDatePrice / RentAEDPSFvs priorHeldNote
8Owner 823 Jan 20242.7 yrs
Current owner
Transferred without a registered sale
4Tenant 420 Jan 202012 mo
Renewal
Owner 7
4Tenant 420 Jan 201912 mo
Owner 7
3Tenant 31 Aug 20162.5 yrs
Owner 7
2Tenant 225 Nov 201422 mo
Owner 7
7Owner 729 Jun 20149.6 yrs
Sold with tenant in place
6Owner 64 May 20142 mo
Sold with tenant in place
1Tenant 11 Oct 201312 mo
Owner 5
5Owner 59 Aug 20112.7 yrs
4Owner 418 May 201015 mo
3Owner 328 Feb 20103 mo
2Owner 228 Feb 2010
Owner 1 · UndisclosedAcquisition date and price not on record
PIX© Airbnb Calculator

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1 Bed · L1
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The Lofts

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
557 - 5,652 sqft
5272.01M1,8936.0%124K6.2%
Residential
Studio · Apartment
557 - 775 sqft
8
1 Bed · Apartment
670 - 1,624 sqft
305
2 Bed · Apartment
1,071 - 2,233 sqft
200
3 Bed · Apartment
2,300 - 3,748 sqft
7---
Penthouse · Apartment
572 - 632 sqft
2---
Commercial
Shop
2,737 - 5,652 sqft
5----
Sales - Project-Wide1,027 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Latest transactions
DateUnit No.BedsPositionSizePricePSFvs Prior SaleTierType
14 Sep 20262 BedEast · Floor 261,4332,260,2131,577+48.9%Entry LevelStandard Sale
11 Sep 20262 BedFloor L11,5643,200,0002,046+76.2%StandardStandard Sale
27 Aug 20262 BedEast · Floor 281,2972,800,0002,159+14.3%StandardStandard Sale
Rentals - Project-Wide4,052 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Latest contracts
Start DateUnit No.BedsPositionSizeRent / YrRent PSFvs Prior RentTierType
20 Sep 20261 BedEast · Floor 27884125,000141-PremiumCERTIFICATE
18 Sep 20262 BedWest · Floor 41,241120,12797-Entry LevelCONTRACT
10 Sep 20261 BedFloor L267095,000142-StandardCERTIFICATE

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Downtown Dubai

The closest-priced registered projects in Downtown Dubai.

Common questions about The Lofts

Answered from Dubai Land Department registered transactions.

How much does a property in The Lofts cost?

Property in The Lofts sells at a current PIX© price of AED 1,893 per sqft, or about AED 2,009,650 for a typical unit, based on 1,027 sales registered with the Dubai Land Department.

What is the rental yield in The Lofts?

The Lofts yields 6.2% gross, calculated from current PIX© rent against current PIX© sale price, across 4,052 registered Ejari contracts.

How many units are in The Lofts?

The Lofts holds 527 registered units across 3 towers, per the Dubai Land Department unit register.

Have prices in The Lofts gone up or down?

Price per sqft has fallen -6.0% over the last 12 months, to AED 1,893, across 1,027 registered sales.