Studio · 595 sqftBurj Views Podium, Downtown Dubai · 2nd floor · completed 2009

L237, Burj Views Podium

Sold prices and rental history: sold once, by the developer in November 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit L237 · DLD and Ejari recordsUpdated 30 November 2023
Last soldAED 1.05M24 November 2023
Current rentAED 88K /yr30 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for L237, Burj Views Podium

What is L237 worth today?

Last sold for AED 1,050,000 in 2023

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30 Nov 2023RentedNew contract
AED 88,000/yr12 months · AED 148 per sqft
24 Nov 2023Sold by developerReady
AED 1,050,000AED 1,764 per sqft
29 May 2019RentedNew contract
AED 58,000/yr12 months · AED 98 per sqft
5 Sep 2018RentedNew contract
AED 63,000/yr12 months · AED 106 per sqft
12 Oct 2014RentedNew contract
AED 88,500/yr12 months · AED 149 per sqft
10 Oct 2013RentedNew contract
AED 65,000/yr12 months · AED 110 per sqft

Source: Dubai Land Department. Updated 30 November 2023.

Key facts

Type
Studio apartment
Size
595 sqft
Floor
2nd of 4
Parking
B3-3061
Developer
Emaar
Completed
2009
Service charge
AED 11,700 /yr
Last sold
AED 1.05M · November 2023

About L237, Burj Views Podium

L237 is a studio of 595 sqft on the 2nd floor of Burj Views Podium, a 4-storey tower in Downtown Dubai completed in 2009 by Emaar. The developer sold it on 24 November 2023 for AED 1,050,000, or AED 1,764 per sqft, 33% above the AED 1,326 studios in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, signed on 30 November 2023, is AED 88,000 a year: a gross yield of 8.4% on the 2023 price, before the service charge of about AED 11,700 a year.

Sales and rents for L237 over time

Sales
Unit L237, 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, November 2023: AED 1,050,000 (AED 1,764 per sqft)

L237 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit L237, 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, October 2013: AED 65,000 a yearNew contract, October 2014: AED 88,500 a yearNew contract, September 2018: AED 63,000 a yearNew contract, May 2019: AED 58,000 a yearNew contract, November 2023: AED 88,000 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 L237 sits

All 102 studios →

L237 last sold in November 2023 at AED 1,764 per sqft, 33% above what studios in Burj Views Podium were fetching at the time (AED 1,326). 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. L237's AED 88,000 is in the upper 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
L204StudioAED 1.15M · Jul 2017
L2051-bedAED 673K · Sep 2011
L2061-bedAED 670K · Aug 2010
L2072-bedAED 300K · Nov 2025
1–7 of 61

L237, Burj Views Podium in numbers

  • Sold once: by Emaar on 24 November 2023 for AED 1,050,000, or AED 1,764 per sqft.
  • Rented since October 2013 on 5 Ejari contracts. The rent fell from AED 65,000 to AED 58,000 in 2019 and recovered to AED 88,000 by November 2023.
  • At AED 88,000 a year the gross yield on the 2023 price is 8.4%, before a service charge of about AED 11,700 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 30 November 2023.

Questions about L237, Burj Views Podium

What did unit L237 last sell for?

AED 1,050,000 on 24 November 2023, sold by the developer: AED 1,764 per sqft for 595 sqft. It is the only registered sale of the unit.

What is the rent for unit L237?

AED 88,000 a year on the contract signed on 30 November 2023. The previous contract, from May 2019, was AED 58,000; the unit has been rented since October 2013.

How big is unit L237?

595 sqft (55.3 sqm): a studio on the 2nd floor of a 4-storey tower completed in 2009.

What is unit L237 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 L237, Burj Views Podium

Starts from the last sale price (AED 1.05M, 24 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,050,000
Deposit, UAE resident (20%)
AED 210,000
Deposit, non-resident (40%)
AED 420,000
Monthly over 25 years at 3.7%
AED 4,296

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