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Studio · 734 sqftBurj Views Podium, Downtown Dubai · 1st floor · completed 2009

L124, Burj Views Podium

Sold prices and rental history: sold once, by the developer in January 2011, and rented since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit L124 · DLD and Ejari recordsUpdated 5 December 2020
Last soldAED 816K17 January 2011
Current rentAED 40K /yr5 December 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for L124, Burj Views Podium

What is L124 worth today?

Last sold for AED 815,888 in 2011

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5 Dec 2020RentedNew contract
AED 40,000/yr12 months · AED 55 per sqft
25 Jul 2012RentedNew contract
AED 100,000/yr24 months · AED 137 per sqft
17 Jan 2011Sold by developerReady
AED 815,888AED 1,111 per sqft

Source: Dubai Land Department. Updated 5 December 2020.

Key facts

Type
Studio apartment
Size
734 sqft
Floor
1st of 4
Parking
B3-3044
Developer
Emaar
Completed
2009
Service charge
AED 14,400 /yr
Last sold
AED 816K · January 2011
Building
Burj Views Podium

About L124, Burj Views Podium

L124 is a studio of 734 sqft on the 1st floor of Burj Views Podium, a 4-storey tower in Downtown Dubai completed in 2009 by Emaar. The developer sold it on 17 January 2011 for AED 815,888, or AED 1,111 per sqft, 19% below the AED 1,370 studios in the building were fetching at the time.

It has been rented since 2012 on 2 Ejari contracts. The current contract, signed on 5 December 2020, is AED 40,000 a year: a gross yield of 4.9% on the 2011 price, before the service charge of about AED 14,400 a year.

Sales and rents for L124 over time

Sales
Unit L124, 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, January 2011: AED 815,888 (AED 1,111 per sqft)

L124 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit L124, each contractTypical studio in Burj Views Podium
50K100K2012201620202024Typical 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, July 2012: AED 100,000 a yearNew contract, December 2020: AED 40,000 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 L124 sits

All 102 studios →

L124 last sold in January 2011 at AED 1,111 per sqft, 19% below what studios in Burj Views Podium were fetching at the time (AED 1,370). 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. L124's AED 40,000 is at the bottom 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

L124, Burj Views Podium in numbers

  • Sold once: by Emaar on 17 January 2011 for AED 815,888, or AED 1,111 per sqft.
  • Rented since July 2012 on 2 Ejari contracts, from AED 100,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2011 price is 4.9%, before a service charge of about AED 14,400 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 5 December 2020.

Questions about L124, Burj Views Podium

What did unit L124 last sell for?

AED 815,888 on 17 January 2011, sold by the developer: AED 1,111 per sqft for 734 sqft. It is the only registered sale of the unit.

What is the rent for unit L124?

AED 40,000 a year on the contract signed on 5 December 2020. The previous contract, from July 2012, was AED 100,000.

How big is unit L124?

734 sqft (68.2 sqm): a studio on the 1st floor of a 4-storey tower completed in 2009.

What is unit L124 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 L124, Burj Views Podium

Starts from the last sale price (AED 816K, 17 January 2011). Switch to today's estimate once you have unlocked it.
Price
AED 815,888
Deposit, UAE resident (20%)
AED 163,178
Deposit, non-resident (40%)
AED 326,355
Monthly over 25 years at 3.7%
AED 3,338

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