116, Burj View Residence
Sold prices and rental history: sold twice, last in October 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 116, Burj View Residence
What is 116 worth today?
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Source: Dubai Land Department. Updated 21 November 2025.
Key facts
- Type
- Studio apartment
- Size
- 464 sqft
- Floor
- 1st of 6
- Parking
- B-68
- Developer
- Al Madar Investment
- Completed
- 2016
- Service charge
- AED 5,600 /yr
- Last sold
- AED 650K · October 2024
- Building
- Burj View Residence
About 116, Burj View Residence
116 is a studio of 464 sqft on the 1st floor of Burj View Residence, a 6-storey tower in Arjan completed in 2016 by Al Madar Investment. It last sold on 14 October 2024 for AED 650,000, or AED 1,400 per sqft, 66% above the AED 842 studios in the building were fetching at the time.
It has been rented continuously since 2017 on 9 Ejari contracts. The current contract, signed on 21 November 2025, is AED 60,000 a year: a gross yield of 9.2% on the 2024 price, before the service charge of about AED 5,600 a year.
Sales and rents for 116 over time
116 has sold twice; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Burj View Residence, and where 116 sits
All 52 studios →116 last sold in October 2024 at AED 1,400 per sqft, 66% above what studios in Burj View Residence were fetching at the time (AED 842). Over the last 12 months studios sold for AED 695,000, around AED 1,429 per sqft, and rent for AED 53,000 to 68,000 a year. 116's AED 60,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 13 Jan 202613 January 2026 | 510 sqft | 695,000 | 1,363 | ||
| 23 Jul 202523 July 2025 | 464 sqft | 630,000 | 1,357 | ||
| 18 Jul 202518 July 2025 | 554 sqft | 785,952 | 1,417 | ||
| 25 Jun 202525 June 2025 | 467 sqft | 642,000 | 1,373 |
Burj View Residence
Building119 apartments, studios to 2-bed over 6 floors in Arjan, completed in 2016 by Al Madar Investment. 4 sold in the last 12 months.
- Typical price per sqft
- AED 1,297
- Typical sale
- AED 983K
- Typical rent
- AED 68K /yr
- Typical yield
- 8.8%
Other units on the 1st floor
All 119 units in Burj View Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 101 | 2-bed | 1,437 sqft | AED 1.75MAED 1,749,400 · Jul 2025July 2025 | 73,920 /yr | |
| 102 | 2-bed | 1,395 sqft | AED 1.03MAED 1,025,559 · May 2024May 2024 | 62,370 /yr | |
| 103 | 874 sqft | AED 1.03MAED 1,030,000 · Oct 2025October 2025 | 72,000 /yr | ||
| 104 | 1-bed | 874 sqft | AED 1.14MAED 1,143,400 · Feb 2025February 2025 | 74,000 /yr | |
| 105 | 1-bed | 908 sqft | AED 1.14MAED 1,135,000 · Apr 2025April 2025 | 80,000 /yr | |
| 106 | 2-bed | 1,363 sqft | AED 1.66MAED 1,658,500 · Mar 2025March 2025 | 116,000 /yr | |
| 107 | 2-bed | 1,363 sqft | AED 1.6MAED 1,600,000 · Oct 2024October 2024 | 100,000 /yr | |
| 108 | 1-bed | 908 sqft | AED 668KAED 667,562 · May 2024May 2024 | 47,610 /yr | |
| 109 | 1-bed | 874 sqft | AED 1.1MAED 1,097,664 · Jul 2025July 2025 | 71,000 /yr | |
| 110 | 2-bed | 1,201 sqft | AED 1.47MAED 1,466,600 · Jul 2025July 2025 | 56,100 /yr | |
| 111 | 2-bed | 1,256 sqft | AED 1.5MAED 1,496,656 · Apr 2025April 2025 | 110,000 /yr | |
| 112 | Studio | 517 sqft | AED 380KAED 380,070 · May 2024May 2024 | 38,498 /yr | |
| 113 | Studio | 541 sqft | AED 742KAED 742,000 · Nov 2024November 2024 | 31,000 /yr | |
| 114 | Studio | 422 sqft | AED 600KAED 600,000 · Sep 2024September 2024 | 60,737 /yr | |
| 115 | Studio | 464 sqft | AED 659KAED 658,600 · Jun 2025June 2025 | 50,000 /yr | |
| 117 | Studio | 422 sqft | AED 602KAED 602,000 · Oct 2024October 2024 | 50,000 /yr | |
| 118 | Studio | 542 sqft | AED 702KAED 702,025 · Jan 2025January 2025 | 50,000 /yr | |
| 119 | Studio | 483 sqft | AED 672KAED 672,000 · Oct 2024October 2024 | 55,000 /yr | |
| 120 | Studio | 510 sqft | AED 695KAED 695,000 · Jan 2026January 2026 | 36,300 /yr |
116, Burj View Residence in numbers
- Sold twice: first on 17 May 2024 for AED 357,129, last on 14 October 2024 for AED 650,000 (AED 1,400 per sqft).
- Rented since August 2017 on 9 Ejari contracts. The rent fell from AED 43,000 to AED 20,000 in 2021 and recovered to AED 60,000 by November 2025.
- At AED 60,000 a year the gross yield on the 2024 price is 9.2%, before a service charge of about AED 5,600 a year (AED 12.00 per sqft).
- Studios in Burj View Residence sold for AED 695,000–695,000 in the 12 months to November 2026; the building's median across all types is AED 1,297 per sqft.
Source: Dubai Land Department. Updated 21 November 2025.
Questions about 116, Burj View Residence
What did unit 116 last sell for?
AED 650,000 on 14 October 2024: AED 1,400 per sqft for 464 sqft. The unit has 2 registered sales; the first was AED 357,129 in May 2024.
What is the rent for unit 116?
AED 60,000 a year on the contract signed on 21 November 2025. The previous contract, from September 2024, was AED 27,632; the unit has been rented since August 2017.
How big is unit 116?
464 sqft (43.1 sqm): a studio on the 1st floor of a 6-storey tower completed in 2016.
What is unit 116 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Burj View Residence sold for AED 695,000 to 695,000 in the last 12 months, around AED 1,429 per sqft.
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Mortgage on 116, Burj View Residence
Starts from the last sale price (AED 650K, 14 October 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 650,000
- Deposit, UAE resident (20%)
- AED 130,000
- Deposit, non-resident (40%)
- AED 260,000
- Monthly over 25 years at 3.7%
- AED 2,659
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →