Lofts T East, Downtown Dubai

Lofts T East is a mixed-use building in Downtown Dubai, Dubai, developed by Emaar. It holds about 174 units: 1-bedroom apartments, 2-bedroom apartments, 3-bedroom apartments. Depending on the unit, windows look out over Fountain and Burj Khalifa and Community.

17 units changed hands in the last 12 months, registered with the Dubai Land Department. Recent sales went through at a median of AED 2,020 per sq ft.

Lofts T East is one of 164 buildings in Downtown Dubai: 70 are complete and 17 are still being built.

• A mixed-use off-plan building
• Located in Downtown Dubai, Dubai
• Developed by Emaar
• Unit types: 1 Bed, 2 Beds, 3 Beds
• Sizes from 740 to 2,950 sq ft
• Views: Fountain, Burj Khalifa, Community
• Features: Gated Community, Seafront, Shared Spa
• Service charge from AED 19.06 per sq ft
• Burj Khalifa/Dubai Mall metro station 0.4 km away

Status

Off-plan

Developer

Emaar

Location

Downtown Dubai, Dubai

Unit types

1 Bed, 2 Beds, 3 Beds

Prices from

AED 980.0K

Median price per sq ft

AED 2,020

Median gross yield

5.9%

Service charge

AED 19.06 per sq ft (2021)

Nearest metro

Burj Khalifa/Dubai Mall, 0.4 km

Lofts T East lists 3 features and facilities for its residents.

• Gated Community
• Seafront
• Shared Spa

Price ranges from the most recent registered sales, by unit type:

• 2-bedroom apartments: AED 2.2M to AED 3.0M (1,241 to 1,433 sq ft), across 12 sales
• 1-bedroom apartments: AED 500.0K to AED 2.0M (745 to 916 sq ft), across 6 sales

1-bedroom homes in Lofts T East were let for AED 86.0K to AED 110.0K a year across 7 recent contracts, with a median of AED 100.0K.

Yearly rents from recent registered contracts, by unit type:

• 1-bedroom apartments: AED 86.0K to AED 110.0K a year (745 to 884 sq ft), across 7 contracts
• 2-bedroom apartments: AED 133.0K to AED 150.0K a year (1,297 sq ft), across 3 contracts

Every sale in Lofts T EastEvery rent contract in Lofts T East

The 2021 service charge in Lofts T East is AED 19.06 per sq ft for homes, AED 20.79 per sq ft for shops. It is paid yearly by the owner, covers upkeep, security and shared areas, and is set by the building’s owners association and registered with the Dubai Land Department.

Source: Dubai Land Department service charge index. Rates are reviewed each year.

The nearest Dubai Metro station from Lofts T East is Burj Khalifa/Dubai Mall (red line, 0.4 km, about 5 min walk), then Business Bay (red line, 1.2 km, about 14 min walk). Stations planned on new lines nearby include Burj Khalifa Road (golden line, 0.9 km, about 11 min walk) and Business Bay Interchange (golden line, 1.2 km, about 14 min walk).

• Burj Khalifa/Dubai MallRed line · 0.4 km · about 5 min walk
• Burj Khalifa RoadGolden line · 0.9 km · about 11 min walk
• Business BayRed line · 1.2 km · about 14 min walk
• Business Bay InterchangeGolden line · 1.2 km · about 14 min walk
• City WalkGolden line · 1.4 km · about 5 min drive
• Financial CentreRed line · 1.6 km · about 5 min drive

The closest is Spinneys / EMAAR Boulevard, Downtown Dubai, 0.6 km from Lofts T East (about 7 min walk).

• Spinneys / EMAAR Boulevard, Downtown DubaiSupermarket · 0.6 km · about 7 min walk
• Choitram, The Executive TowersSupermarket · 0.6 km · about 7 min walk
• Al Maya / 8 Boulevard Walk, Downtown DubaiSupermarket · 0.7 km · about 8 min walk
• Bay AvenueShopping Mall · 0.9 km · about 11 min walk
• Dubai MallShopping Mall · 0.9 km · about 11 min walk

The closest is Ramada Downtown Dubai Deluxe Suites, 0.4 km from Lofts T East (about 5 min walk).

• Ramada Downtown Dubai Deluxe SuitesHotel · 0.4 km · about 5 min walk
• Armani Hotel DubaiHotel · 0.4 km · about 5 min walk
• Qamardeen HotelHotel · 0.5 km · about 6 min walk
• Villa Rotana - DubaiHotel · 0.9 km · about 11 min walk
• Vida Hotels and ResortsHotel · 0.9 km · about 11 min walk

The closest is Al Amal Hospital, 1.4 km from Lofts T East (about 5 min drive).

• Al Amal HospitalHospital · 1.4 km · about 5 min drive
• Internationl Medical CenterHospital · 2.8 km · about 8 min drive
• Medcare HospitalHospital · 3.2 km · about 8 min drive
• Emirates HospitalHospital · 3.3 km · about 9 min drive
• Manchester ClinicHospital · 3.4 km · about 9 min drive

The closest is Safa Park, 2.7 km from Lofts T East (about 7 min drive).

• Safa ParkPark · 2.7 km · about 7 min drive
• Dubai Bowling CentreSports Academy · 2.9 km · about 8 min drive
• Jumeirah Beach ParkPark · 3.5 km · about 9 min drive
• Al Quoz Pond ParkPark · 3.7 km · about 9 min drive
• Zabeel ParkPark · 5.3 km · about 13 min drive

The nearest is Japanese School, 1.7 km away. Ratings are the KHDA's latest inspection grades.

• Japanese SchoolJapanese · KHDA: Good · 1.7 km
• Jebel Ali School (Br of Taaleem Management (L L C))UK · KHDA: Very good · 1.8 km
• JSS Private School L.L.CIndian · KHDA: Very good · 1.9 km
• Horizons English School L.L.CUK · KHDA: Outstanding · 2.2 km
• Al Shurooq Private SchoolMinistry of Education · KHDA: Good · 2.3 km
• Harrow International School L.L.CUK* · KHDA: Not inspected yet · 2.4 km

Downtown Dubai has 164 buildings. A few others to compare Lofts T East with:

• Off-plan

  25hours Heimat Dubai

  Downtown Dubai · East & West

  Handover 31 Dec 2027 · 8% built

• Ready

  29 Blvd T1

  Downtown Dubai · Emaar

  Completed 2013

• 

  8 Blvd Walk

  Downtown Dubai · Emaar

• Ready

  Act One Act Two Tower 1

  Downtown Dubai · Emaar

  Completed 2022

• Ready

  Act One Act Two Tower 2

  Downtown Dubai · Emaar

  Completed 2022

• Off-plan

  Address Grand Downtown

  Downtown Dubai · Nshama

  Handover 10 Jun 2028 · 11% built