1-bed · 1,239 sqftBurj Views Podium, Downtown Dubai · 2nd floor · completed 2009

L261, Burj Views Podium

Sold prices and rental history: sold twice, last in January 2018, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit L261 · DLD and Ejari recordsUpdated 18 January 2018
Last soldAED 1.42M18 January 2018
Current rentAED 130K /yr1 October 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for L261, Burj Views Podium

What is L261 worth today?

Last sold for AED 1,415,000 in 2018

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18 Jan 2018SoldReady
AED 1,415,000AED 1,142 per sqft
1 Oct 2016RentedNew contract
AED 130,000/yr12 months · AED 105 per sqft
15 Mar 2015RentedNew contract
AED 130,000/yr12 months · AED 105 per sqft
23 Feb 2012Sold by developerReady
AED 1,036,700AED 836 per sqft

Source: Dubai Land Department. Updated 18 January 2018.

Key facts

Type
1-bed apartment
Size
1,239 sqft
Floor
2nd of 4
Parking
G-046
Developer
Emaar
Completed
2009
Service charge
AED 24,300 /yr
Last sold
AED 1.42M · January 2018

About L261, Burj Views Podium

L261 is a one-bedroom apartment of 1,239 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 18 January 2018 for AED 1,415,000, or AED 1,142 per sqft, 14% below the AED 1,324 one-beds in the building were fetching at the time.

It has been rented since 2015 on 2 Ejari contracts. The current contract, signed on 1 October 2016, is AED 130,000 a year: a gross yield of 9.2% on the 2018 price, before the service charge of about AED 24,300 a year.

Sales and rents for L261 over time

Sales
Unit L261, each saleTypical one-bed in Burj Views Podium
1M1.5M2009201420192024Typical sale price by year: 2009 AED 1,279,888; 2010 AED 1,272,888; 2011 AED 770,000; 2012 AED 1,147,888; 2013 AED 1,300,000; 2014 AED 1,587,500; 2015 AED 1,320,833; 2016 AED 1,415,000; 2017 AED 1,300,000; 2018 AED 1,286,888; 2019 AED 900,000; 2020 AED 875,000; 2022 AED 1,050,000; 2023 AED 1,350,000; 2024 AED 1,567,500; 2025 AED 1,645,000; 2026 AED 1,687,500Sold by developer, February 2012: AED 1,036,700 (AED 836 per sqft)Sold, January 2018: AED 1,415,000 (AED 1,142 per sqft)

L261 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit L261, each contractTypical one-bed in Burj Views Podium
50K100K2012201620202024Typical rent by year: 2012 AED 71,314; 2013 AED 80,000; 2014 AED 96,365; 2015 AED 105,000; 2016 AED 100,000; 2017 AED 95,000; 2018 AED 82,000; 2019 AED 78,000; 2020 AED 60,000; 2021 AED 60,000; 2022 AED 71,750; 2023 AED 84,875; 2024 AED 95,000; 2025 AED 102,500; 2026 AED 103,000New contract, March 2015: AED 130,000 a yearNew contract, October 2016: AED 130,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Burj Views Podium, and where L261 sits

All 109 1-beds →

L261 last sold in January 2018 at AED 1,142 per sqft, 14% below what one-beds in Burj Views Podium were fetching at the time (AED 1,324). Over the last 12 months one-beds sold for AED 1,370,000 to 1,850,000, around AED 1,832 per sqft, and rent for AED 40,000 to 250,000 a year. L261's AED 130,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
2 Sep 20261,850,000
18 Aug 20261,650,000
6 Aug 20261,750,000
3 Jul 20261,370,000
11 1-bed 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

L261, Burj Views Podium in numbers

  • Sold twice: first on 23 February 2012 for AED 1,036,700, last on 18 January 2018 for AED 1,415,000 (AED 1,142 per sqft).
  • Rented since March 2015 on 2 Ejari contracts, at AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2018 price is 9.2%, before a service charge of about AED 24,300 a year (AED 19.62 per sqft).
  • One-beds in Burj Views Podium sold for AED 1,370,000–1,850,000 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 18 January 2018.

Questions about L261, Burj Views Podium

What did unit L261 last sell for?

AED 1,415,000 on 18 January 2018: AED 1,142 per sqft for 1,239 sqft. The unit has 2 registered sales; the first was AED 1,036,700 in February 2012.

What is the rent for unit L261?

AED 130,000 a year on the contract signed on 1 October 2016. The previous contract, from March 2015, was AED 130,000.

How big is unit L261?

1,239 sqft (115.1 sqm): a one-bedroom apartment on the 2nd floor of a 4-storey tower completed in 2009.

What is unit L261 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Burj Views Podium sold for AED 1,370,000 to 1,850,000 in the last 12 months, around AED 1,832 per sqft.

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Mortgage on L261, Burj Views Podium

Starts from the last sale price (AED 1.42M, 18 January 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,415,000
Deposit, UAE resident (20%)
AED 283,000
Deposit, non-resident (40%)
AED 566,000
Monthly over 25 years at 3.7%
AED 5,789

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