2-bed · 660 sqftBurj Views Podium, Downtown Dubai · 1st floor · completed 2009

L118, Burj Views Podium

Sold prices and rental history: sold 3 times, last in June 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit L118 · DLD and Ejari recordsUpdated 14 June 2023
Last soldAED 700K14 June 2023
Current rentAED 110K /yr25 November 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for L118, Burj Views Podium

What is L118 worth today?

Last sold for AED 700,000 in 2023

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14 Jun 2023SoldReady
AED 700,000AED 1,060 per sqft
25 Nov 2021RentedNew contract
AED 110,000/yr12 months · AED 83 per sqft
23 Oct 2020RentedNew contract
AED 100,000/yr12 months · AED 76 per sqft
1 Nov 2019RentedNew contract
AED 105,000/yr12 months · AED 80 per sqft
1 Oct 2018RentedNew contract
AED 110,000/yr12 months · AED 83 per sqft
20 Oct 2017RentedNew contract
AED 125,000/yr12 months · AED 94 per sqft
31 Jul 2013SoldReady
AED 1,800,000AED 1,363 per sqft
5 May 2011Sold by developerReady
AED 2,092,888AED 1,585 per sqft

Source: Dubai Land Department. Updated 14 June 2023.

Key facts

Type
2-bed apartment
Size
660 sqft
Floor
1st of 4
Parking
G-012
Developer
Emaar
Completed
2009
Service charge
AED 13,000 /yr
Last sold
AED 700K · June 2023

About L118, Burj Views Podium

L118 is a two-bedroom apartment of 660 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 14 June 2023 for AED 700,000, or AED 1,060 per sqft, in line with the AED 1,056 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, signed on 25 November 2021, is AED 110,000 a year: a gross yield of 15.7% on the 2023 price, before the service charge of about AED 13,000 a year.

Sales and rents for L118 over time

Sales
Unit L118, each saleTypical two-bed in Burj Views Podium
2M4M2011201520192023Typical sale price by year: 2011 AED 1,560,944; 2012 AED 1,614,500; 2016 AED 2,233,888; 2023 AED 1,875,000; 2024 AED 4,100,000Sold by developer, May 2011: AED 2,092,888 (AED 1,585 per sqft)Sold, July 2013: AED 1,800,000 (AED 1,363 per sqft)Sold, June 2023: AED 700,000 (AED 1,060 per sqft)

L118 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit L118, each contractTypical two-bed in Burj Views Podium
100K150K2013201720212025Typical rent by year: 2013 AED 127,500; 2014 AED 145,000; 2015 AED 150,000; 2016 AED 147,500; 2017 AED 140,000; 2018 AED 130,000; 2019 AED 110,000; 2020 AED 100,000; 2021 AED 90,000; 2022 AED 103,500; 2023 AED 125,250; 2024 AED 130,000; 2025 AED 155,000; 2026 AED 148,311New contract, October 2017: AED 125,000 a yearNew contract, October 2018: AED 110,000 a yearNew contract, November 2019: AED 105,000 a yearNew contract, October 2020: AED 100,000 a yearNew contract, November 2021: AED 110,000 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 Podium, and where L118 sits

All 20 2-beds →

L118 last sold in June 2023 at AED 1,060 per sqft, in line with what two-beds in Burj Views Podium were fetching at the time (AED 1,056). Over the last 12 months two-beds sold for AED 300,000, around AED 197 per sqft, and rent for AED 130,000 to 295,000 a year. L118's AED 110,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
14 Nov 2025300,000
18 Oct 20244,100,000
17 Oct 20244,100,000
22 Mar 20242,220,000
1 2-bed sale 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

L118, Burj Views Podium in numbers

  • Sold 3 times: first on 5 May 2011 for AED 2,092,888, last on 14 June 2023 for AED 700,000 (AED 1,060 per sqft).
  • Rented since October 2017 on 5 Ejari contracts, from AED 125,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2023 price is 15.7%, before a service charge of about AED 13,000 a year (AED 19.62 per sqft).
  • Two-beds in Burj Views Podium sold for AED 300,000–300,000 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 June 2023.

Questions about L118, Burj Views Podium

What did unit L118 last sell for?

AED 700,000 on 14 June 2023: AED 1,060 per sqft for 660 sqft. The unit has 3 registered sales; the first was AED 2,092,888 in May 2011.

What is the rent for unit L118?

AED 110,000 a year on the contract signed on 25 November 2021. The previous contract, from October 2020, was AED 100,000; the unit has been rented since October 2017.

How big is unit L118?

660 sqft (61.3 sqm): a two-bedroom apartment on the 1st floor of a 4-storey tower completed in 2009.

What is unit L118 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 Podium sold for AED 300,000 to 300,000 in the last 12 months, around AED 197 per sqft.

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Mortgage on L118, Burj Views Podium

Starts from the last sale price (AED 700K, 14 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 700,000
Deposit, UAE resident (20%)
AED 140,000
Deposit, non-resident (40%)
AED 280,000
Monthly over 25 years at 3.7%
AED 2,864

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