Studio · 654 sqftBurj Views Podium, Downtown Dubai · 4th floor · completed 2009

L432, Burj Views Podium

Sold prices and rental history: sold twice, last in July 2017, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit L432 · DLD and Ejari recordsUpdated 31 July 2017
Last soldAED 1.19M31 July 2017
Current rentAED 80K /yr12 August 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for L432, Burj Views Podium

What is L432 worth today?

Last sold for AED 1,190,000 in 2017

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31 Jul 2017SoldReady
AED 1,190,000AED 1,819 per sqft
12 Aug 2016RentedNew contract
AED 80,000/yr12 months · AED 122 per sqft
13 Aug 2015RentedNew contract
AED 80,000/yr12 months · AED 122 per sqft
9 Aug 2014RentedNew contract
AED 80,000/yr12 months · AED 122 per sqft
10 Aug 2013RentedNew contract
AED 70,000/yr12 months · AED 107 per sqft
14 Feb 2012Sold by developerReady
AED 483,944AED 739 per sqft

Source: Dubai Land Department. Updated 31 July 2017.

Key facts

Type
Studio apartment
Size
654 sqft
Floor
4th of 4
Parking
B3-3195
Developer
Emaar
Completed
2009
Service charge
AED 12,800 /yr
Last sold
AED 1.19M · July 2017

About L432, Burj Views Podium

L432 is a studio of 654 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 31 July 2017 for AED 1,190,000, or AED 1,819 per sqft, 23% above the AED 1,478 studios in the building were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 12 August 2016, is AED 80,000 a year: a gross yield of 6.7% on the 2017 price, before the service charge of about AED 12,800 a year.

Sales and rents for L432 over time

Sales
Unit L432, each saleTypical studio in Burj Views Podium
500K1M2009201420192024Typical 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, February 2012: AED 483,944 (AED 739 per sqft)Sold, July 2017: AED 1,190,000 (AED 1,819 per sqft)

L432 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit L432, 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, August 2013: AED 70,000 a yearNew contract, August 2014: AED 80,000 a yearNew contract, August 2015: AED 80,000 a yearNew contract, August 2016: AED 80,000 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 L432 sits

All 102 studios →

L432 last sold in July 2017 at AED 1,819 per sqft, 23% above what studios in Burj Views Podium were fetching at the time (AED 1,478). 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. L432's AED 80,000 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 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

L432, Burj Views Podium in numbers

  • Sold twice: first on 14 February 2012 for AED 483,944, last on 31 July 2017 for AED 1,190,000 (AED 1,819 per sqft).
  • Rented since August 2013 on 4 Ejari contracts, from AED 70,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2017 price is 6.7%, before a service charge of about AED 12,800 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 31 July 2017.

Questions about L432, Burj Views Podium

What did unit L432 last sell for?

AED 1,190,000 on 31 July 2017: AED 1,819 per sqft for 654 sqft. The unit has 2 registered sales; the first was AED 483,944 in February 2012.

What is the rent for unit L432?

AED 80,000 a year on the contract signed on 12 August 2016. The previous contract, from August 2015, was AED 80,000; the unit has been rented since August 2013.

How big is unit L432?

654 sqft (60.8 sqm): a studio on the 4th floor of a 4-storey tower completed in 2009.

What is unit L432 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 L432, Burj Views Podium

Starts from the last sale price (AED 1.19M, 31 July 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,190,000
Deposit, UAE resident (20%)
AED 238,000
Deposit, non-resident (40%)
AED 476,000
Monthly over 25 years at 3.7%
AED 4,869

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