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Studio · 816 sqftBurj Views Podium, Downtown Dubai · 1st floor · completed 2009

L117, Burj Views Podium

Sold prices and rental history: sold twice, last in October 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit L117 · DLD and Ejari recordsUpdated 14 February 2024
Last soldAED 970K11 October 2023
Current rentAED 65K /yr14 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for L117, Burj Views Podium

What is L117 worth today?

Last sold for AED 970,000 in 2023

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14 Feb 2024RentedNew contract
AED 65,000/yr10 months · AED 79 per sqft
11 Oct 2023SoldReady
AED 970,000AED 1,188 per sqft
15 Feb 2023RentedRenewal
AED 65,000/yr12 months · AED 81 per sqft
15 Feb 2022RentedNew contract
AED 57,000/yr12 months · AED 70 per sqft
4 Feb 2021RentedNew contract
AED 48,000/yr12 months · AED 59 per sqft
5 Jan 2019RentedNew contract
AED 65,000/yr12 months · AED 79 per sqft
13 Aug 2017RentedNew contract
AED 80,000/yr12 months · AED 98 per sqft
28 Jul 2015Sold by developerReady
AED 1,105,888AED 1,355 per sqft

Source: Dubai Land Department. Updated 14 February 2024.

Key facts

Type
Studio apartment
Size
816 sqft
Floor
1st of 4
Parking
B3-3042
Developer
Emaar
Completed
2009
Service charge
AED 16,000 /yr
Last sold
AED 970K · October 2023
Building
Burj Views Podium

About L117, Burj Views Podium

L117 is a studio of 816 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 11 October 2023 for AED 970,000, or AED 1,188 per sqft, 9% below the AED 1,309 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, signed on 14 February 2024, is AED 65,000 a year: a gross yield of 6.7% on the 2023 price, before the service charge of about AED 16,000 a year.

Sales and rents for L117 over time

Sales
Unit L117, each saleTypical studio in Burj Views Podium
1M2009201420192024Typical sale price by year: 2009 AED 969,888; 2010 AED 963,388; 2011 AED 739,388; 2012 AED 780,000; 2013 AED 961,888; 2014 AED 1,024,888; 2015 AED 1,042,888; 2016 AED 1,080,000; 2017 AED 1,100,000; 2019 AED 700,000; 2021 AED 713,500; 2022 AED 780,000; 2023 AED 930,000; 2024 AED 1,100,000; 2025 AED 1,270,000; 2026 AED 1,125,000Sold by developer, July 2015: AED 1,105,888 (AED 1,355 per sqft)Sold, October 2023: AED 970,000 (AED 1,188 per sqft)

L117 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit L117, each contractTypical studio in Burj Views Podium
60K80K2012201620202024Typical rent by year: 2012 AED 59,000; 2013 AED 65,000; 2014 AED 80,000; 2015 AED 82,500; 2016 AED 80,000; 2017 AED 75,000; 2018 AED 69,000; 2019 AED 60,000; 2020 AED 50,000; 2021 AED 50,000; 2022 AED 56,000; 2023 AED 66,000; 2024 AED 74,000; 2025 AED 78,500; 2026 AED 76,000New contract, August 2017: AED 80,000 a yearNew contract, January 2019: AED 65,000 a yearNew contract, February 2021: AED 48,000 a yearNew contract, February 2022: AED 57,000 a yearRenewal, February 2023: AED 65,000 a yearNew contract, February 2024: AED 65,000 a year

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

Studios in Burj Views Podium, and where L117 sits

All 102 studios →

L117 last sold in October 2023 at AED 1,188 per sqft, 9% below what studios in Burj Views Podium were fetching at the time (AED 1,309). Over the last 12 months studios sold for AED 941,407 to 1,570,000, around AED 1,660 per sqft, and rent for AED 50,000 to 105,000 a year. L117's AED 65,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
4 Nov 20261,110,000
16 Oct 20261,021,464
16 Oct 20261,021,464
8 Oct 2026941,407
9 studio 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

L117, Burj Views Podium in numbers

  • Sold twice: first on 28 July 2015 for AED 1,105,888, last on 11 October 2023 for AED 970,000 (AED 1,188 per sqft).
  • Rented since August 2017 on 6 Ejari contracts. The rent fell from AED 80,000 to AED 48,000 in 2021 and recovered to AED 65,000 by February 2024.
  • At AED 65,000 a year the gross yield on the 2023 price is 6.7%, before a service charge of about AED 16,000 a year (AED 19.62 per sqft).
  • Studios in Burj Views Podium sold for AED 941,407–1,570,000 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 14 February 2024.

Questions about L117, Burj Views Podium

What did unit L117 last sell for?

AED 970,000 on 11 October 2023: AED 1,188 per sqft for 816 sqft. The unit has 2 registered sales; the first was AED 1,105,888 in July 2015.

What is the rent for unit L117?

AED 65,000 a year on the contract signed on 14 February 2024. The previous contract, from February 2023, was AED 65,000; the unit has been rented since August 2017.

How big is unit L117?

816 sqft (75.8 sqm): a studio on the 1st floor of a 4-storey tower completed in 2009.

What is unit L117 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Burj Views Podium sold for AED 941,407 to 1,570,000 in the last 12 months, around AED 1,660 per sqft.

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Mortgage on L117, Burj Views Podium

Starts from the last sale price (AED 970K, 11 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 970,000
Deposit, UAE resident (20%)
AED 194,000
Deposit, non-resident (40%)
AED 388,000
Monthly over 25 years at 3.7%
AED 3,969

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