2-bed · 1,945 sqftBurj Views Podium, Downtown Dubai · 2nd floor · completed 2009

L203, Burj Views Podium

Sold prices and rental history: sold once, by the developer in December 2011, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit L203 · DLD and Ejari recordsUpdated 1 January 2020
Last soldAED 1.42M8 December 2011
Current rentAED 110K /yr1 January 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for L203, Burj Views Podium

What is L203 worth today?

Last sold for AED 1,421,888 in 2011

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1 Jan 2020RentedRenewal
AED 110,000/yr12 months · AED 56 per sqft
1 Jan 2017RentedRenewal
AED 160,000/yr12 months · AED 82 per sqft
31 Dec 2015RentedRenewal
AED 159,571/yr12 months · AED 82 per sqft
1 Jan 2015RentedNew contract
AED 150,000/yr12 months · AED 77 per sqft
1 Mar 2013RentedNew contract
AED 120,000/yr10 months · AED 62 per sqft
8 Dec 2011Sold by developerReady
AED 1,421,888AED 731 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 January 2020.

Key facts

Type
2-bed apartment
Size
1,945 sqft
Floor
2nd of 4
Parking
G-062
Developer
Emaar
Completed
2009
Service charge
AED 38,200 /yr
Last sold
AED 1.42M · December 2011

About L203, Burj Views Podium

L203 is a two-bedroom apartment of 1,945 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 8 December 2011 for AED 1,421,888, or AED 731 per sqft, 20% below the AED 919 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, renewed on 1 January 2020, is AED 110,000 a year: a gross yield of 7.7% on the 2011 price, before the service charge of about AED 38,200 a year.

Sales and rents for L203 over time

Sales
Unit L203, each saleTypical two-bed in Burj Views Podium
2M4M2011201520192023Typical sale price by year: 2011 AED 1,421,888; 2012 AED 1,622,694; 2016 AED 2,233,888; 2023 AED 1,875,000; 2024 AED 4,100,000Sold by developer, December 2011: AED 1,421,888 (AED 731 per sqft)

L203 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit L203, each contractTypical two-bed in Burj Views Podium
100K150K2013201720212025Typical rent by year: 2013 AED 127,500; 2014 AED 145,000; 2015 AED 150,000; 2016 AED 150,000; 2017 AED 137,500; 2018 AED 120,000; 2019 AED 115,000; 2020 AED 97,500; 2021 AED 84,000; 2022 AED 103,500; 2023 AED 125,250; 2024 AED 140,000; 2025 AED 157,500New contract, March 2013: AED 120,000 a yearNew contract, January 2015: AED 150,000 a yearRenewal, December 2015: AED 159,571 a yearRenewal, January 2017: AED 160,000 a yearRenewal, January 2020: AED 110,000 a year

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

2-beds in Burj Views Podium, and where L203 sits

All 19 2-beds →

L203 last sold in December 2011 at AED 731 per sqft, 20% below what two-beds in Burj Views Podium were fetching at the time (AED 919). Over the last 12 months two-beds sold for AED 300,000, around AED 197 per sqft, and rent for AED 295,000 to 295,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
18 Oct 20244,100,000
17 Oct 20244,100,000
22 Mar 20242,220,000
17 Oct 20232,100,000
1 2-bed sale 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. 6 sold in the last 12 months.

Typical price per sqft
AED 1,752
Typical sale
AED 1.62M
Typical rent
AED 86K /yr
Typical yield
6.9%
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
L204AED 1.15M · Jul 2017
L2051-bedAED 673K · Sep 2011
L2061-bedAED 670K · Aug 2010
L207AED 300K · Nov 2025
L2082-bedAED 1.81M · Jul 2011
1–7 of 61

L203, Burj Views Podium in numbers

  • Sold once: by Emaar on 8 December 2011 for AED 1,421,888, or AED 731 per sqft.
  • Rented since March 2013 on 5 Ejari contracts, from AED 120,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2011 price is 7.7%, before a service charge of about AED 38,200 a year (AED 19.62 per sqft).
  • Two-beds in Burj Views Podium sold for AED 300,000–300,000 in the 12 months to November 2026; the building's median across all types is AED 1,752 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 1 January 2020.

Questions about L203, Burj Views Podium

What did unit L203 last sell for?

AED 1,421,888 on 8 December 2011, sold by the developer: AED 731 per sqft for 1,945 sqft. It is the only registered sale of the unit.

What is the rent for unit L203?

AED 110,000 a year on the contract renewed on 1 January 2020. The previous contract, from January 2017, was AED 160,000; the unit has been rented since March 2013.

How big is unit L203?

1,945 sqft (180.7 sqm): a two-bedroom apartment on the 2nd floor of a 4-storey tower completed in 2009.

What is unit L203 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Burj Views Podium sold for AED 300,000 to 300,000 in the last 12 months, around AED 197 per sqft.

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Mortgage on L203, Burj Views Podium

Starts from the last sale price (AED 1.42M, 8 December 2011). Switch to today's estimate once you have unlocked it.
Price
AED 1,421,888
Deposit, UAE resident (20%)
AED 284,378
Deposit, non-resident (40%)
AED 568,755
Monthly over 25 years at 3.7%
AED 5,817

Plus AED 64,730 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →