Studio · 654 sqftBurj Views Podium, Downtown Dubai · 2nd floor · completed 2009

L251, Burj Views Podium

Sold prices and rental history: sold once, by the developer in August 2010, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit L251 · DLD and Ejari recordsUpdated 1 May 2024
Last soldAED 481K11 August 2010
Current rentAED 75K /yr1 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for L251, Burj Views Podium

What is L251 worth today?

Last sold for AED 480,944 in 2010

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1 May 2024RentedRenewal
AED 75,000/yr12 months · AED 114 per sqft
1 May 2023RentedNew contract
AED 68,000/yr12 months · AED 104 per sqft
20 Dec 2021RentedNew contract
AED 52,000/yr12 months · AED 79 per sqft
15 Dec 2020RentedNew contract
AED 43,000/yr12 months · AED 65 per sqft
1 Feb 2018RentedNew contract
AED 60,000/yr12 months · AED 91 per sqft
5 Apr 2014RentedNew contract
AED 63,000/yr12 months · AED 96 per sqft
11 Aug 2010Sold by developerReady
AED 480,944AED 735 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 May 2024.

Key facts

Type
Studio apartment
Size
654 sqft
Floor
2nd of 4
Parking
B3-3167
Developer
Emaar
Completed
2009
Service charge
AED 12,800 /yr
Last sold
AED 481K · August 2010

About L251, Burj Views Podium

L251 is a studio of 654 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 11 August 2010 for AED 480,944, or AED 735 per sqft, 47% below the AED 1,399 studios in the building were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, renewed on 1 May 2024, is AED 75,000 a year: a gross yield of 15.6% on the 2010 price, before the service charge of about AED 12,800 a year.

Sales and rents for L251 over time

Sales
Unit L251, each saleTypical studio in Burj Views Podium
500K1M2009201420192024Typical sale price by year: 2009 AED 967,888; 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; 2017 AED 1,087,500; 2019 AED 700,000; 2021 AED 713,500; 2022 AED 780,000; 2023 AED 930,000; 2024 AED 1,100,000; 2025 AED 1,250,000Sold by developer, August 2010: AED 480,944 (AED 735 per sqft)

L251 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit L251, each contractTypical studio in Burj Views Podium
40K60K80K2012201620202024Typical rent by year: 2012 AED 60,000; 2013 AED 65,000; 2014 AED 80,000; 2015 AED 85,000; 2016 AED 80,000; 2017 AED 75,000; 2018 AED 68,000; 2019 AED 60,000; 2020 AED 50,000; 2021 AED 50,000; 2022 AED 55,125; 2023 AED 66,500; 2024 AED 70,000; 2025 AED 80,000; 2026 AED 80,000New contract, April 2014: AED 63,000 a yearNew contract, February 2018: AED 60,000 a yearNew contract, December 2020: AED 43,000 a yearNew contract, December 2021: AED 52,000 a yearNew contract, May 2023: AED 68,000 a yearRenewal, May 2024: AED 75,000 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 L251 sits

All 100 studios →

L251 last sold in August 2010 at AED 735 per sqft, 47% below what studios in Burj Views Podium were fetching at the time (AED 1,399). Over the last 12 months studios sold for AED 1,350,000 to 1,570,000, around AED 2,149 per sqft, and rent for AED 63,140 to 100,000 a year. L251's AED 75,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
6 Feb 20261,350,000
27 Jan 20261,570,000
3 Jul 20251,200,000
11 Jun 20251,275,000
2 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. 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
L2032-bedAED 1.42M · Dec 2011
L204AED 1.15M · Jul 2017
L2051-bedAED 673K · Sep 2011
L2061-bedAED 670K · Aug 2010
L207AED 300K · Nov 2025
1–7 of 61

L251, Burj Views Podium in numbers

  • Sold once: by Emaar on 11 August 2010 for AED 480,944, or AED 735 per sqft.
  • Rented since April 2014 on 6 Ejari contracts. The rent fell from AED 63,000 to AED 43,000 in 2020 and recovered to AED 75,000 by May 2024.
  • At AED 75,000 a year the gross yield on the 2010 price is 15.6%, before a service charge of about AED 12,800 a year (AED 19.62 per sqft).
  • Studios in Burj Views Podium sold for AED 1,350,000–1,570,000 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 May 2024.

Questions about L251, Burj Views Podium

What did unit L251 last sell for?

AED 480,944 on 11 August 2010, sold by the developer: AED 735 per sqft for 654 sqft. It is the only registered sale of the unit.

What is the rent for unit L251?

AED 75,000 a year on the contract renewed on 1 May 2024. The previous contract, from May 2023, was AED 68,000; the unit has been rented since April 2014.

How big is unit L251?

654 sqft (60.8 sqm): a studio on the 2nd floor of a 4-storey tower completed in 2009.

What is unit L251 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 1,350,000 to 1,570,000 in the last 12 months, around AED 2,149 per sqft.

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Mortgage on L251, Burj Views Podium

Starts from the last sale price (AED 481K, 11 August 2010). Switch to today's estimate once you have unlocked it.
Price
AED 480,944
Deposit, UAE resident (20%)
AED 96,189
Deposit, non-resident (40%)
AED 192,378
Monthly over 25 years at 3.7%
AED 1,968

Plus AED 23,110 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →