2-bed · 1,468 sqftBurj Views B, Downtown Dubai · 12th floor · completed 2009

1203, Burj Views B

Sold prices and rental history: sold twice, last in June 2013, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1203 · DLD and Ejari recordsUpdated 1 July 2024
Last soldAED 2.4M19 June 2013
Current rentAED 155K /yr1 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1203, Burj Views B

What is 1203 worth today?

Last sold for AED 2,400,000 in 2013

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1 Jul 2024RentedRenewal
AED 155,000/yr12 months · AED 106 per sqft
1 Jul 2023RentedRenewal
AED 137,000/yr12 months · AED 94 per sqft
1 Jul 2022RentedNew contract
AED 137,000/yr12 months · AED 94 per sqft
16 May 2018RentedNew contract
AED 133,000/yr12 months · AED 91 per sqft
19 Jun 2013SoldReady
AED 2,400,000AED 1,634 per sqft
29 Sep 2009Sold by developerReady
AED 2,433,622AED 1,657 per sqft

Source: Dubai Land Department. Updated 1 July 2024.

Key facts

Type
2-bed apartment
Size
1,468 sqft
Floor
12th of 26
Parking
P-077
Developer
Emaar
Completed
2009
Service charge
AED 28,800 /yr
Last sold
AED 2.4M · June 2013
Building
Burj Views B

About 1203, Burj Views B

1203 is a two-bedroom apartment of 1,468 sqft on the 12th floor of Burj Views B, a 26-storey tower in Downtown Dubai completed in 2009 by Emaar. It last sold on 19 June 2013 for AED 2,400,000, or AED 1,634 per sqft, 23% above the AED 1,332 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, renewed on 1 July 2024, is AED 155,000 a year: a gross yield of 6.5% on the 2013 price, before the service charge of about AED 28,800 a year.

Sales and rents for 1203 over time

Sales
Unit 1203, each saleTypical two-bed in Burj Views B
2M2009201420192024Typical sale price by year: 2009 AED 1,724,444; 2010 AED 2,010,444; 2011 AED 1,602,416; 2012 AED 1,612,500; 2013 AED 2,140,000; 2015 AED 1,574,888; 2016 AED 1,698,888; 2019 AED 1,280,000; 2022 AED 1,560,000; 2023 AED 2,095,000; 2025 AED 2,433,093; 2026 AED 2,562,500Sold by developer, September 2009: AED 2,433,622 (AED 1,657 per sqft)Sold, June 2013: AED 2,400,000 (AED 1,634 per sqft)

1203 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1203, each contractTypical two-bed in Burj Views B
100K150K2012201620202024Typical rent by year: 2012 AED 112,500; 2013 AED 126,000; 2014 AED 150,000; 2015 AED 150,000; 2016 AED 145,000; 2017 AED 140,000; 2018 AED 130,000; 2019 AED 110,000; 2020 AED 87,000; 2021 AED 90,000; 2022 AED 112,500; 2023 AED 135,000; 2024 AED 149,400; 2025 AED 155,000; 2026 AED 148,915New contract, May 2018: AED 133,000 a yearNew contract, July 2022: AED 137,000 a yearRenewal, July 2023: AED 137,000 a yearRenewal, July 2024: AED 155,000 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 B, and where 1203 sits

All 50 2-beds →

1203 last sold in June 2013 at AED 1,634 per sqft, 23% above what two-beds in Burj Views B were fetching at the time (AED 1,332). Over the last 12 months two-beds sold for AED 2,400,000 to 2,750,000, around AED 1,881 per sqft, and rent for AED 120,000 to 245,000 a year. 1203's AED 155,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
1 Oct 20262,562,500
17 Aug 20262,400,000
2 Feb 20262,750,000
19 Aug 20252,650,000
3 2-bed sales in the last 12 months

Burj Views B

Building

152 apartments, 1-bed to 3-bed over 26 floors in Downtown Dubai, completed in 2009 by Emaar. 7 sold in the last 12 months.

Typical price per sqft
AED 1,881
Typical sale
AED 1.7M
Typical rent
AED 110K /yr
Typical yield
6.0%
Burj Views B, Downtown Dubai: prices, sales and rents →

Other units on the 12th floor

All 152 units in Burj Views B
Value
12011-bedAED 840K · Jul 2013
12022-bedAED 1.43M · Jun 2015
12041-bedAED 1.95M · Jul 2014
12051-bedAED 1.4M · Jan 2026
12061-bedAED 886K · Nov 2009

1203, Burj Views B in numbers

  • Sold twice: first on 29 September 2009 for AED 2,433,622, last on 19 June 2013 for AED 2,400,000 (AED 1,634 per sqft).
  • Rented since May 2018 on 4 Ejari contracts, from AED 133,000 to AED 155,000 a year.
  • At AED 155,000 a year the gross yield on the 2013 price is 6.5%, before a service charge of about AED 28,800 a year (AED 19.62 per sqft).
  • Two-beds in Burj Views B sold for AED 2,400,000–2,750,000 in the 12 months to November 2026; the building's median across all types is AED 1,881 per sqft.

Source: Dubai Land Department. Updated 1 July 2024.

Questions about 1203, Burj Views B

What did unit 1203 last sell for?

AED 2,400,000 on 19 June 2013: AED 1,634 per sqft for 1,468 sqft. The unit has 2 registered sales; the first was AED 2,433,622 in September 2009.

What is the rent for unit 1203?

AED 155,000 a year on the contract renewed on 1 July 2024. The previous contract, from July 2023, was AED 137,000; the unit has been rented since May 2018.

How big is unit 1203?

1,468 sqft (136.4 sqm): a two-bedroom apartment on the 12th floor of a 26-storey tower completed in 2009.

What is unit 1203 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Burj Views B sold for AED 2,400,000 to 2,750,000 in the last 12 months, around AED 1,881 per sqft.

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Mortgage on 1203, Burj Views B

Starts from the last sale price (AED 2.4M, 19 June 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,400,000
Deposit, UAE resident (20%)
AED 480,000
Deposit, non-resident (40%)
AED 960,000
Monthly over 25 years at 3.7%
AED 9,819

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →