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1-bed · 906 sqftBurj Views Podium, Downtown Dubai · 4th floor · completed 2009

L407, Burj Views Podium

Sold prices and rental history: sold once, by the developer in December 2009, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit L407 · DLD and Ejari recordsUpdated 23 May 2019
Last soldAED 1.27M24 December 2009
Current rentAED 76K /yr23 May 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for L407, Burj Views Podium

What is L407 worth today?

Last sold for AED 1,272,888 in 2009

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23 May 2019RentedNew contract
AED 76,000/yr12 months · AED 84 per sqft
1 May 2018RentedNew contract
AED 80,000/yr12 months · AED 88 per sqft
20 Apr 2017RentedRenewal
AED 95,000/yr12 months · AED 105 per sqft
20 Apr 2016RentedNew contract
AED 95,000/yr12 months · AED 105 per sqft
1 Aug 2015RentedNew contract
AED 95,000/yr12 months · AED 105 per sqft
24 Dec 2009Sold by developerReady
AED 1,272,888AED 1,404 per sqft

Source: Dubai Land Department. Updated 23 May 2019.

Key facts

Type
1-bed apartment
Size
906 sqft
Floor
4th of 4
Parking
B1-1104
Developer
Emaar
Completed
2009
Service charge
AED 17,800 /yr
Last sold
AED 1.27M · December 2009
Building
Burj Views Podium

About L407, Burj Views Podium

L407 is a one-bedroom apartment of 906 sqft on the 4th floor of Burj Views Podium, a 4-storey tower in Downtown Dubai completed in 2009 by Emaar. The developer sold it on 24 December 2009 for AED 1,272,888, or AED 1,404 per sqft, in line with the AED 1,410 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, signed on 23 May 2019, is AED 76,000 a year: a gross yield of 6.0% on the 2009 price, before the service charge of about AED 17,800 a year.

Sales and rents for L407 over time

Sales
Unit L407, 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, December 2009: AED 1,272,888 (AED 1,404 per sqft)

L407 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit L407, each contractTypical one-bed in Burj Views Podium
75K100K2012201620202024Typical 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, August 2015: AED 95,000 a yearNew contract, April 2016: AED 95,000 a yearRenewal, April 2017: AED 95,000 a yearNew contract, May 2018: AED 80,000 a yearNew contract, May 2019: AED 76,000 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 L407 sits

All 109 1-beds →

L407 last sold in December 2009 at AED 1,404 per sqft, in line with what one-beds in Burj Views Podium were fetching at the time (AED 1,410). 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. L407's AED 76,000 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 4th floor

All 231 units in Burj Views Podium
Value
L4011-bedAED 1.35M · Nov 2010
L4021-bedAED 1.82M · Jun 2026
L4031-bedAED 840K · Apr 2012
L4041-bedAED 770K · Jul 2011
L4051-bedAED 1.61M · May 2025
L4061-bedAED 1.6M · Apr 2024
L4081-bedAED 1.85M · Sep 2025
1–7 of 52

L407, Burj Views Podium in numbers

  • Sold once: by Emaar on 24 December 2009 for AED 1,272,888, or AED 1,404 per sqft.
  • Rented since August 2015 on 5 Ejari contracts, from AED 95,000 to AED 76,000 a year.
  • At AED 76,000 a year the gross yield on the 2009 price is 6.0%, before a service charge of about AED 17,800 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 23 May 2019.

Questions about L407, Burj Views Podium

What did unit L407 last sell for?

AED 1,272,888 on 24 December 2009, sold by the developer: AED 1,404 per sqft for 906 sqft. It is the only registered sale of the unit.

What is the rent for unit L407?

AED 76,000 a year on the contract signed on 23 May 2019. The previous contract, from May 2018, was AED 80,000; the unit has been rented since August 2015.

How big is unit L407?

906 sqft (84.2 sqm): a one-bedroom apartment on the 4th floor of a 4-storey tower completed in 2009.

What is unit L407 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 L407, Burj Views Podium

Starts from the last sale price (AED 1.27M, 24 December 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,272,888
Deposit, UAE resident (20%)
AED 254,578
Deposit, non-resident (40%)
AED 509,155
Monthly over 25 years at 3.7%
AED 5,208

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