118, Burj View Residence
Sold prices and rental history: sold twice, last in January 2025, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 118, Burj View Residence
What is 118 worth today?
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Source: Dubai Land Department. Updated 5 September 2025.
Key facts
- Type
- Studio apartment
- Size
- 542 sqft
- Floor
- 1st of 6
- Parking
- B-66
- Developer
- Al Madar Investment
- Completed
- 2016
- Service charge
- AED 6,500 /yr
- Last sold
- AED 702K · January 2025
- Building
- Burj View Residence
About 118, Burj View Residence
118 is a studio of 542 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 15 January 2025 for AED 702,025, or AED 1,294 per sqft, 26% above the AED 1,028 studios in the building were fetching at the time.
It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 5 September 2025, is AED 50,000 a year: a gross yield of 7.1% on the 2025 price, before the service charge of about AED 6,500 a year.
Sales and rents for 118 over time
118 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 118 sits
All 52 studios →118 last sold in January 2025 at AED 1,294 per sqft, 26% above what studios in Burj View Residence were fetching at the time (AED 1,028). 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. 118's AED 50,000 is at the bottom 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 | |
| 116 | Studio | 464 sqft | AED 650KAED 650,000 · Oct 2024October 2024 | 60,000 /yr | |
| 117 | Studio | 422 sqft | AED 602KAED 602,000 · Oct 2024October 2024 | 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 |
118, Burj View Residence in numbers
- Sold twice: first on 16 May 2024 for AED 398,590, last on 15 January 2025 for AED 702,025 (AED 1,294 per sqft).
- Rented since August 2018 on 5 Ejari contracts. The rent fell from AED 41,000 to AED 25,000 in 2022 and recovered to AED 50,000 by September 2025.
- At AED 50,000 a year the gross yield on the 2025 price is 7.1%, before a service charge of about AED 6,500 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 5 September 2025.
Questions about 118, Burj View Residence
What did unit 118 last sell for?
AED 702,025 on 15 January 2025: AED 1,294 per sqft for 542 sqft. The unit has 2 registered sales; the first was AED 398,590 in May 2024.
What is the rent for unit 118?
AED 50,000 a year on the contract signed on 5 September 2025. The previous contract, from May 2024, was AED 33,410; the unit has been rented since August 2018.
How big is unit 118?
542 sqft (50.4 sqm): a studio on the 1st floor of a 6-storey tower completed in 2016.
What is unit 118 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 118, Burj View Residence
Starts from the last sale price (AED 702K, 15 January 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 702,025
- Deposit, UAE resident (20%)
- AED 140,405
- Deposit, non-resident (40%)
- AED 280,810
- Monthly over 25 years at 3.7%
- AED 2,872
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →