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Studio · 816 sqftBurj Views Podium, Downtown Dubai · 2nd floor · completed 2009

L204, Burj Views Podium

Sold prices and rental history: sold twice, last in July 2017, and rented continuously since 2011. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit L204 · DLD and Ejari recordsUpdated 14 November 2020
Last soldAED 1.15M20 July 2017
Current rentAED 55K /yr14 November 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for L204, Burj Views Podium

What is L204 worth today?

Last sold for AED 1,150,000 in 2017

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14 Nov 2020RentedRenewal
AED 55,000/yr12 months · AED 67 per sqft
14 Nov 2019RentedRenewal
AED 80,000/yr12 months · AED 98 per sqft
14 Nov 2018RentedNew contract
AED 80,000/yr12 months · AED 98 per sqft
20 Jul 2017SoldReady
AED 1,150,000AED 1,409 per sqft
14 Nov 2016RentedRenewal
AED 80,000/yr12 months · AED 98 per sqft
14 Nov 2015RentedRenewal
AED 85,000/yr12 months · AED 104 per sqft
14 Nov 2014RentedRenewal
AED 85,000/yr12 months · AED 104 per sqft
14 Nov 2013RentedNew contract
AED 80,000/yr12 months · AED 98 per sqft

Source: Dubai Land Department. Updated 14 November 2020.

Key facts

Type
Studio apartment
Size
816 sqft
Floor
2nd of 4
Parking
B3-3146
Developer
Emaar
Completed
2009
Service charge
AED 16,000 /yr
Last sold
AED 1.15M · July 2017
Building
Burj Views Podium

About L204, Burj Views Podium

L204 is a studio of 816 sqft on the 2nd floor of Burj Views Podium, a 4-storey tower in Downtown Dubai completed in 2009 by Emaar. It last sold on 20 July 2017 for AED 1,150,000, or AED 1,409 per sqft, 4% below the AED 1,472 studios in the building were fetching at the time.

It has been rented continuously since 2011 on 9 Ejari contracts. The current contract, renewed on 14 November 2020, is AED 55,000 a year: a gross yield of 4.8% on the 2017 price, before the service charge of about AED 16,000 a year.

Sales and rents for L204 over time

Sales
Unit L204, 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, September 2009: AED 1,108,888 (AED 1,358 per sqft)Sold, July 2017: AED 1,150,000 (AED 1,409 per sqft)

L204 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit L204, each contractTypical studio in Burj Views Podium
60K80K20112015201920232027Typical 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, October 2011: AED 55,000 a yearNew contract, August 2013: AED 72,000 a yearNew contract, November 2013: AED 80,000 a yearRenewal, November 2014: AED 85,000 a yearRenewal, November 2015: AED 85,000 a yearRenewal, November 2016: AED 80,000 a yearNew contract, November 2018: AED 80,000 a yearRenewal, November 2019: AED 80,000 a yearRenewal, November 2020: AED 55,000 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 L204 sits

All 102 studios →

L204 last sold in July 2017 at AED 1,409 per sqft, 4% below what studios in Burj Views Podium were fetching at the time (AED 1,472). 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. L204's AED 55,000 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 2nd floor

All 231 units in Burj Views Podium
Value
L201StudioAED 1.69M · Jul 2024
L2021-bedAED 1.5M · Jun 2013
L2032-bedAED 1.42M · Dec 2011
L2051-bedAED 673K · Sep 2011
L2061-bedAED 670K · Aug 2010
L2072-bedAED 300K · Nov 2025
L2082-bedAED 1.81M · Jul 2011
1–7 of 61

L204, Burj Views Podium in numbers

  • Sold twice: first on 15 September 2009 for AED 1,108,888, last on 20 July 2017 for AED 1,150,000 (AED 1,409 per sqft).
  • Rented since October 2011 on 9 Ejari contracts, at AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2017 price is 4.8%, 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 November 2020.

Questions about L204, Burj Views Podium

What did unit L204 last sell for?

AED 1,150,000 on 20 July 2017: AED 1,409 per sqft for 816 sqft. The unit has 2 registered sales; the first was AED 1,108,888 in September 2009.

What is the rent for unit L204?

AED 55,000 a year on the contract renewed on 14 November 2020. The previous contract, from November 2019, was AED 80,000; the unit has been rented since October 2011.

How big is unit L204?

816 sqft (75.8 sqm): a studio on the 2nd floor of a 4-storey tower completed in 2009.

What is unit L204 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 L204, Burj Views Podium

Starts from the last sale price (AED 1.15M, 20 July 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,150,000
Deposit, UAE resident (20%)
AED 230,000
Deposit, non-resident (40%)
AED 460,000
Monthly over 25 years at 3.7%
AED 4,705

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