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

L420, Burj Views Podium

Sold prices and rental history: sold 3 times, last in March 2022, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit L420 · DLD and Ejari recordsUpdated 1 August 2024
Last soldAED 800K16 March 2022
Current rentAED 80K /yr1 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for L420, Burj Views Podium

What is L420 worth today?

Last sold for AED 800,000 in 2022

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1 Aug 2024RentedRenewal
AED 80,000/yr12 months · AED 122 per sqft
1 Aug 2022RentedNew contract
AED 70,000/yr12 months · AED 107 per sqft
16 Mar 2022SoldReady
AED 800,000AED 1,223 per sqft
31 Jul 2021RentedRenewal
AED 60,000/yr6 months · AED 91 per sqft
28 Jul 2019RentedRenewal
AED 70,000/yr12 months · AED 107 per sqft
28 Jul 2018RentedNew contract
AED 70,000/yr12 months · AED 107 per sqft
21 Jul 2015RentedNew contract
AED 80,000/yr12 months · AED 122 per sqft
13 Feb 2014RentedNew contract
AED 75,000/yr12 months · AED 114 per sqft

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

Key facts

Type
Studio apartment
Size
654 sqft
Floor
4th of 4
Parking
B3-3124
Developer
Emaar
Completed
2009
Service charge
AED 12,800 /yr
Last sold
AED 800K · March 2022
Building
Burj Views Podium

About L420, Burj Views Podium

L420 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 16 March 2022 for AED 800,000, or AED 1,223 per sqft, 18% above the AED 1,038 studios in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, renewed on 1 August 2024, is AED 80,000 a year: a gross yield of 10.0% on the 2022 price, before the service charge of about AED 12,800 a year.

Sales and rents for L420 over time

Sales
Unit L420, each saleTypical studio in Burj Views Podium
750K1M1.25M2009201420192024Typical 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, October 2010: AED 878,888 (AED 1,343 per sqft)Sold, December 2012: AED 870,000 (AED 1,330 per sqft)Sold, March 2022: AED 800,000 (AED 1,223 per sqft)

L420 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit L420, each contractTypical studio in Burj Views Podium
60K80K2012201620202024Typical 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, February 2014: AED 75,000 a yearNew contract, July 2015: AED 80,000 a yearNew contract, July 2018: AED 70,000 a yearRenewal, July 2019: AED 70,000 a yearRenewal, July 2021: AED 60,000 a yearNew contract, August 2022: AED 70,000 a yearRenewal, August 2024: 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 L420 sits

All 100 studios →

L420 last sold in March 2022 at AED 1,223 per sqft, 18% above what studios in Burj Views Podium were fetching at the time (AED 1,038). 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. L420's AED 80,000 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 4th floor

All 231 units in Burj Views Podium
Value
L4011-bedAED 1.35M · Nov 2010
L4021-bedAED 1.24M · Oct 2022
L4031-bedAED 840K · Apr 2012
L404AED 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

L420, Burj Views Podium in numbers

  • Sold 3 times: first on 10 October 2010 for AED 878,888, last on 16 March 2022 for AED 800,000 (AED 1,223 per sqft).
  • Rented since February 2014 on 7 Ejari contracts. The rent fell from AED 75,000 to AED 60,000 in 2021 and recovered to AED 80,000 by August 2024.
  • At AED 80,000 a year the gross yield on the 2022 price is 10.0%, 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 August 2024.

Questions about L420, Burj Views Podium

What did unit L420 last sell for?

AED 800,000 on 16 March 2022: AED 1,223 per sqft for 654 sqft. The unit has 3 registered sales; the first was AED 878,888 in October 2010.

What is the rent for unit L420?

AED 80,000 a year on the contract renewed on 1 August 2024. The previous contract, from August 2022, was AED 70,000; the unit has been rented since February 2014.

How big is unit L420?

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

What is unit L420 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 L420, Burj Views Podium

Starts from the last sale price (AED 800K, 16 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 800,000
Deposit, UAE resident (20%)
AED 160,000
Deposit, non-resident (40%)
AED 320,000
Monthly over 25 years at 3.7%
AED 3,273

Plus AED 38,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →