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

L245, Burj Views Podium

Sold prices and rental history: sold once, by the developer in July 2015, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit L245 · DLD and Ejari recordsUpdated 17 January 2024
Last soldAED 965K30 July 2015
Current rentAED 65K /yr17 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for L245, Burj Views Podium

What is L245 worth today?

Last sold for AED 964,888 in 2015

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17 Jan 2024RentedNew contract
AED 64,913/yr11 months · AED 109 per sqft
17 Jan 2023RentedNew contract
AED 52,000/yr12 months · AED 87 per sqft
17 Jan 2021RentedNew contract
AED 40,000/yr12 months · AED 68 per sqft
16 Oct 2019RentedNew contract
AED 52,000/yr12 months · AED 88 per sqft
27 Jan 2018RentedNew contract
AED 60,000/yr12 months · AED 101 per sqft
15 Oct 2015RentedNew contract
AED 80,000/yr12 months · AED 135 per sqft
30 Jul 2015Sold by developerReady
AED 964,888AED 1,621 per sqft
1 Sep 2014RentedNew contract
AED 78,000/yr12 months · AED 132 per sqft

Source: Dubai Land Department. Updated 17 January 2024.

Key facts

Type
Studio apartment
Size
595 sqft
Floor
2nd of 4
Parking
B3-3007
Developer
Emaar
Completed
2009
Service charge
AED 11,700 /yr
Last sold
AED 965K · July 2015
Building
Burj Views Podium

About L245, Burj Views Podium

L245 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 30 July 2015 for AED 964,888, or AED 1,621 per sqft, in line with the AED 1,626 studios in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 17 January 2024, is AED 64,913 a year: a gross yield of 6.7% on the 2015 price, before the service charge of about AED 11,700 a year.

Sales and rents for L245 over time

Sales
Unit L245, 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 964,888 (AED 1,621 per sqft)

L245 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit L245, each contractTypical studio in Burj Views Podium
40K60K80K2012201620202024Typical 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 2013: AED 65,000 a yearNew contract, September 2014: AED 78,000 a yearNew contract, October 2015: AED 80,000 a yearNew contract, January 2018: AED 60,000 a yearNew contract, October 2019: AED 52,000 a yearNew contract, January 2021: AED 40,000 a yearNew contract, January 2023: AED 52,000 a yearNew contract, January 2024: AED 64,913 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 L245 sits

All 102 studios →

L245 last sold in July 2015 at AED 1,621 per sqft, in line with what studios in Burj Views Podium were fetching at the time (AED 1,626). 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. L245's AED 64,913 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
L204StudioAED 1.15M · Jul 2017
L2051-bedAED 673K · Sep 2011
L2061-bedAED 670K · Aug 2010
L2072-bedAED 300K · Nov 2025
1–7 of 61

L245, Burj Views Podium in numbers

  • Sold once: by Emaar on 30 July 2015 for AED 964,888, or AED 1,621 per sqft.
  • Rented since July 2013 on 8 Ejari contracts. The rent fell from AED 65,000 to AED 40,000 in 2021 and recovered to AED 64,913 by January 2024.
  • At AED 64,913 a year the gross yield on the 2015 price is 6.7%, 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 17 January 2024.

Questions about L245, Burj Views Podium

What did unit L245 last sell for?

AED 964,888 on 30 July 2015, sold by the developer: AED 1,621 per sqft for 595 sqft. It is the only registered sale of the unit.

What is the rent for unit L245?

AED 64,913 a year on the contract signed on 17 January 2024. The previous contract, from January 2023, was AED 52,000; the unit has been rented since July 2013.

How big is unit L245?

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

What is unit L245 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 L245, Burj Views Podium

Starts from the last sale price (AED 965K, 30 July 2015). Switch to today's estimate once you have unlocked it.
Price
AED 964,888
Deposit, UAE resident (20%)
AED 192,978
Deposit, non-resident (40%)
AED 385,955
Monthly over 25 years at 3.7%
AED 3,948

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