1-bed · 911 sqftBurj Views Podium, Downtown Dubai · 4th floor · completed 2009

L424, Burj Views Podium

Sold prices and rental history: sold 3 times, last in April 2017, and rented once, from November 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit L424 · DLD and Ejari recordsUpdated 6 April 2017
Last soldAED 1.3M6 April 2017
Current rentAED 65K /yr4 November 2012
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for L424, Burj Views Podium

What is L424 worth today?

Last sold for AED 1,300,000 in 2017

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6 Apr 2017SoldReady
AED 1,300,000AED 1,427 per sqft
1 Nov 2015SoldReady
AED 1,594,235AED 1,750 per sqft
31 Mar 2013Sold by developerReady
AED 1,279,888AED 1,404 per sqft
4 Nov 2012RentedNew contract
AED 65,000/yr12 months · AED 71 per sqft

Source: Dubai Land Department. Updated 6 April 2017.

Key facts

Type
1-bed apartment
Size
911 sqft
Floor
4th of 4
Parking
B1-1019
Developer
Emaar
Completed
2009
Service charge
AED 17,900 /yr
Last sold
AED 1.3M · April 2017

About L424, Burj Views Podium

L424 is a one-bedroom apartment of 911 sqft on the 4th floor of Burj Views Podium, a 4-storey tower in Downtown Dubai completed in 2009 by Emaar. It last sold on 6 April 2017 for AED 1,300,000, or AED 1,427 per sqft, in line with the AED 1,427 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 4 November 2012. The current contract, signed on 4 November 2012, is AED 65,000 a year: a gross yield of 5.0% on the 2017 price, before the service charge of about AED 17,900 a year.

Sales and rents for L424 over time

Sales
Unit L424, 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, March 2013: AED 1,279,888 (AED 1,404 per sqft)Sold, November 2015: AED 1,594,235 (AED 1,750 per sqft)Sold, April 2017: AED 1,300,000 (AED 1,427 per sqft)

L424 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit L424, 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, November 2012: AED 65,000 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 L424 sits

All 109 1-beds →

L424 last sold in April 2017 at AED 1,427 per sqft, in line with what one-beds in Burj Views Podium were fetching at the time (AED 1,427). 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. L424's AED 65,000 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
L4071-bedAED 1.27M · Dec 2009
1–7 of 52

L424, Burj Views Podium in numbers

  • Sold 3 times: first on 31 March 2013 for AED 1,279,888, last on 6 April 2017 for AED 1,300,000 (AED 1,427 per sqft).
  • Rented since November 2012 on one Ejari contract, at AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2017 price is 5.0%, before a service charge of about AED 17,900 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 6 April 2017.

Questions about L424, Burj Views Podium

What did unit L424 last sell for?

AED 1,300,000 on 6 April 2017: AED 1,427 per sqft for 911 sqft. The unit has 3 registered sales; the first was AED 1,279,888 in March 2013.

What is the rent for unit L424?

AED 65,000 a year on the contract signed on 4 November 2012.

How big is unit L424?

911 sqft (84.6 sqm): a one-bedroom apartment on the 4th floor of a 4-storey tower completed in 2009.

What is unit L424 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 L424, Burj Views Podium

Starts from the last sale price (AED 1.3M, 6 April 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,300,000
Deposit, UAE resident (20%)
AED 260,000
Deposit, non-resident (40%)
AED 520,000
Monthly over 25 years at 3.7%
AED 5,319

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