Burj Al Nujoom
Althuraya Real Estate Development · studio, 1BR, 2BR, 3BR · Downtown Dubai, Dubai
Burj Al Nujoom is a residential project by Althuraya Real Estate Development in Downtown Dubai, Dubai, offering studio, 1BR, 2BR, 3BR layouts. Prices start from AED 2,180. This is an off-plan purchase with expected completion in December 2015 on a 60% during construction, 40% on handover payment plan. The indicative gross yield band for this area and unit mix is 7% – 9%: below you will find the project data, investment fit, risks and frequently asked questions reviewed by an independent advisor.
Burj Al Nujoom is a residential complex located in Downtown Dubai, offering a luxurious lifestyle with a range of modern amenities.
Key facts
- Developer
- Althuraya Real Estate Development
- Area
- Downtown Dubai, Dubai
- Property type
- studio, 1BR, 2BR, 3BR
- Starting price
- AED 2,180
- Payment plan
- 60% during construction, 40% on handover
- Expected completion
- December 2015
- Construction status
- Now selling
- Indicative gross yield
- 7% – 9%
Yield ranges are indicative market benchmarks for this area and unit mix, not a guaranteed return. Figures must be validated per unit before any commitment.
Who this project fits
Burj Al Nujoom typically fits first-time Dubai investors who want a contained ticket and predictable rental income, across studio, 1BR, 2BR, 3BR layouts in Downtown Dubai, Dubai. Because it is off-plan, capital stays committed until handover and income starts afterwards. The indicative gross yield band for this area and unit mix is 7% – 9%.
Risks to weigh
As with any off-plan purchase, there is handover-delay risk and developer risk: check escrow, permits and delivery track record. The payment plan lowers the upfront outlay but commits future cash: stress-test it against your real cash flow. Incoming supply in Downtown Dubai, Dubai can compress rents and prices in the short term; service charges, currency and financing costs all affect net yield. Yield ranges are indicative market benchmarks for this area and unit mix, not a guaranteed return. Figures must be validated per unit before any commitment.
Frequently asked questions about this project
How much does a unit at Burj Al Nujoom cost?
Prices at Burj Al Nujoom start from AED 2,180. The final figure depends on layout, floor and orientation — we pull the current price list from the developer for the specific unit you want.
Where is Burj Al Nujoom located?
Burj Al Nujoom is located in Downtown Dubai, Dubai. We assess the area on rental demand, incoming supply and accessibility — not on project marketing.
What is the payment plan for Burj Al Nujoom?
The indicated payment plan is: 60% during construction, 40% on handover. We verify the full structure, including milestones and the balance due at handover.
When is Burj Al Nujoom expected to complete?
Expected completion is December 2015 (current status: now selling). Off-plan dates can slip, so we check construction progress and the developer's delivery record.
What yield can I expect at Burj Al Nujoom?
The indicative gross band for this area and unit mix is 7% – 9%. Yield ranges are indicative market benchmarks for this area and unit mix, not a guaranteed return. Figures must be validated per unit before any commitment.
Who is the developer of Burj Al Nujoom?
Burj Al Nujoom is developed by Althuraya Real Estate Development. We review their delivery record, build quality and value retention before recommending it.
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