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1-bed · 911 sqftBurj Views Podium, Downtown Dubai · 1st floor · completed 2009

L116, Burj Views Podium

Sold prices and rental history: sold 3 times, last in November 2020, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit L116 · DLD and Ejari recordsUpdated 10 February 2024
Last soldAED 730K8 November 2020
Current rentAED 105K /yr10 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for L116, Burj Views Podium

What is L116 worth today?

Last sold for AED 730,000 in 2020

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10 Feb 2024RentedRenewal
AED 105,000/yr12 months · AED 115 per sqft
10 Feb 2023RentedRenewal
AED 105,000/yr12 months · AED 115 per sqft
10 Feb 2022RentedNew contract
AED 83,000/yr12 months · AED 91 per sqft
8 Nov 2020SoldReady
AED 730,000AED 801 per sqft
1 Feb 2019RentedRenewal
AED 78,000/yr12 months · AED 85 per sqft
1 Feb 2018RentedNew contract
AED 85,000/yr12 months · AED 93 per sqft
19 Oct 2014RentedNew contract
AED 110,000/yr12 months · AED 120 per sqft
17 Jul 2013RentedNew contract
AED 85,500/yr12 months · AED 93 per sqft

Source: Dubai Land Department. Updated 10 February 2024.

Key facts

Type
1-bed apartment
Size
911 sqft
Floor
1st of 4
Parking
B1-1022
Developer
Emaar
Completed
2009
Service charge
AED 17,900 /yr
Last sold
AED 730K · November 2020
Building
Burj Views Podium

About L116, Burj Views Podium

L116 is a one-bedroom apartment of 911 sqft on the 1st floor of Burj Views Podium, a 4-storey tower in Downtown Dubai completed in 2009 by Emaar. It last sold on 8 November 2020 for AED 730,000, or AED 801 per sqft, 18% below the AED 971 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 10 February 2024, is AED 105,000 a year: a gross yield of 14.4% on the 2020 price, before the service charge of about AED 17,900 a year.

Sales and rents for L116 over time

Sales
Unit L116, each saleTypical one-bed in Burj Views Podium
1M2009201420192024Typical sale price by year: 2009 AED 1,279,888; 2010 AED 1,272,888; 2011 AED 770,000; 2012 AED 1,147,888; 2013 AED 1,300,000; 2014 AED 1,587,500; 2015 AED 1,320,833; 2016 AED 1,415,000; 2017 AED 1,300,000; 2018 AED 1,286,888; 2019 AED 900,000; 2020 AED 875,000; 2022 AED 1,050,000; 2023 AED 1,350,000; 2024 AED 1,567,500; 2025 AED 1,645,000; 2026 AED 1,687,500Sold by developer, February 2011: AED 1,340,888 (AED 1,471 per sqft)Sold, June 2011: AED 450,000 (AED 493 per sqft)Sold, November 2020: AED 730,000 (AED 801 per sqft)

L116 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit L116, each contractTypical one-bed in Burj Views Podium
75K100K2012201620202024Typical rent by year: 2012 AED 71,314; 2013 AED 80,000; 2014 AED 96,365; 2015 AED 105,000; 2016 AED 100,000; 2017 AED 95,000; 2018 AED 82,000; 2019 AED 78,000; 2020 AED 60,000; 2021 AED 60,000; 2022 AED 71,750; 2023 AED 84,875; 2024 AED 95,000; 2025 AED 102,500; 2026 AED 103,000New contract, July 2013: AED 85,500 a yearNew contract, October 2014: AED 110,000 a yearNew contract, February 2018: AED 85,000 a yearRenewal, February 2019: AED 78,000 a yearNew contract, February 2022: AED 83,000 a yearRenewal, February 2023: AED 105,000 a yearRenewal, February 2024: AED 105,000 a year

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

1-beds in Burj Views Podium, and where L116 sits

All 109 1-beds →

L116 last sold in November 2020 at AED 801 per sqft, 18% below what one-beds in Burj Views Podium were fetching at the time (AED 971). Over the last 12 months one-beds sold for AED 1,370,000 to 1,850,000, around AED 1,832 per sqft, and rent for AED 40,000 to 250,000 a year. L116's AED 105,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
2 Sep 20261,850,000
18 Aug 20261,650,000
6 Aug 20261,750,000
3 Jul 20261,370,000
11 1-bed sales in the last 12 months

Burj Views Podium

Building

231 apartments, studios to 2-bed over 4 floors in Downtown Dubai, completed in 2009 by Emaar. 21 sold in the last 12 months.

Typical price per sqft
AED 1,686 Down 1.6%
Typical sale
AED 1.4M
Typical rent
AED 90K /yr
Typical yield
6.7%
Burj Views Podium, Downtown Dubai: prices, sales and rents →

Other units on the 1st floor

All 231 units in Burj Views Podium
Value
L101StudioAED 950K · Feb 2013
L102StudioAED 1.33M · Apr 2025
L1031-bedAED 1.84M · Jul 2010
L1041-bedAED 1.53M · Sep 2024
L105StudioAED 1.11M · Nov 2011
L1061-bedAED 1.4M · May 2016
L1071-bedAED 1.01M · Jan 2019
1–7 of 62

L116, Burj Views Podium in numbers

  • Sold 3 times: first on 23 February 2011 for AED 1,340,888, last on 8 November 2020 for AED 730,000 (AED 801 per sqft).
  • Rented since July 2013 on 7 Ejari contracts, from AED 85,500 to AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2020 price is 14.4%, before a service charge of about AED 17,900 a year (AED 19.62 per sqft).
  • One-beds in Burj Views Podium sold for AED 1,370,000–1,850,000 in the 12 months to November 2026; the building's median across all types is AED 1,686 per sqft.

Source: Dubai Land Department. Updated 10 February 2024.

Questions about L116, Burj Views Podium

What did unit L116 last sell for?

AED 730,000 on 8 November 2020: AED 801 per sqft for 911 sqft. The unit has 3 registered sales; the first was AED 1,340,888 in February 2011.

What is the rent for unit L116?

AED 105,000 a year on the contract renewed on 10 February 2024. The previous contract, from February 2023, was AED 105,000; the unit has been rented since July 2013.

How big is unit L116?

911 sqft (84.6 sqm): a one-bedroom apartment on the 1st floor of a 4-storey tower completed in 2009.

What is unit L116 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Burj Views Podium sold for AED 1,370,000 to 1,850,000 in the last 12 months, around AED 1,832 per sqft.

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Mortgage on L116, Burj Views Podium

Starts from the last sale price (AED 730K, 8 November 2020). Switch to today's estimate once you have unlocked it.
Price
AED 730,000
Deposit, UAE resident (20%)
AED 146,000
Deposit, non-resident (40%)
AED 292,000
Monthly over 25 years at 3.7%
AED 2,987

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