Studio · 464 sqftBurj View Residence, Arjan · 2nd floor · completed 2016

216, Burj View Residence

Sold prices and rental history: sold twice, last in September 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 216 · DLD and Ejari recordsUpdated 30 September 2024
Last soldAED 654K30 September 2024
Current rentAED 34K /yr10 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 216, Burj View Residence

What is 216 worth today?

Last sold for AED 654,000 in 2024

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30 Sep 2024SoldReady
AED 654,000AED 1,409 per sqft
10 Apr 2024RentedRenewal
AED 34,236/yr8 months · AED 74 per sqft
5 Dec 2023Sold by developerReady
AED 392,025AED 845 per sqft
10 Apr 2023RentedRenewal
AED 29,900/yr12 months · AED 64 per sqft
12 Sep 2019RentedNew contract
AED 34,000/yr12 months · AED 73 per sqft
7 Jun 2017RentedNew contract
AED 43,000/yr12 months · AED 93 per sqft

Source: Dubai Land Department. Updated 30 September 2024.

Key facts

Type
Studio apartment
Size
464 sqft
Floor
2nd of 6
Parking
B-48
Developer
Al Madar Investment
Completed
2016
Service charge
AED 5,600 /yr
Last sold
AED 654K · September 2024

About 216, Burj View Residence

216 is a studio of 464 sqft on the 2nd floor of Burj View Residence, a 6-storey tower in Arjan completed in 2016 by Al Madar Investment. It last sold on 30 September 2024 for AED 654,000, or AED 1,409 per sqft, 67% above the AED 842 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, renewed on 10 April 2024, is AED 34,236 a year: a gross yield of 5.2% on the 2024 price, before the service charge of about AED 5,600 a year.

Sales and rents for 216 over time

Sales
Unit 216, each saleTypical studio in Burj View Residence
400K600K2023202420252026Typical sale price by year: 2023 AED 395,272; 2024 AED 478,269; 2025 AED 685,790Sold by developer, December 2023: AED 392,025 (AED 845 per sqft)Sold, September 2024: AED 654,000 (AED 1,409 per sqft)

216 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 216, each contractTypical studio in Burj View Residence
20K40K60K2017202020232026Typical rent by year: 2017 AED 45,500; 2018 AED 43,000; 2019 AED 34,500; 2020 AED 29,000; 2021 AED 24,000; 2022 AED 27,001; 2023 AED 30,000; 2024 AED 34,118; 2025 AED 52,500; 2026 AED 62,869New contract, June 2017: AED 43,000 a yearNew contract, September 2019: AED 34,000 a yearRenewal, April 2023: AED 29,900 a yearRenewal, April 2024: AED 34,236 a year

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 216 sits

All 52 studios →

216 last sold in September 2024 at AED 1,409 per sqft, 67% 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. 216's AED 34,236 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
13 Jan 2026695,000
23 Jul 2025630,000
18 Jul 2025785,952
25 Jun 2025642,000
2 studio sales in the last 12 months

Burj View Residence

Building

119 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%
Burj View Residence, Arjan: prices, sales and rents →

Other units on the 2nd floor

All 119 units in Burj View Residence
Value
2012-bedAED 1.68M · Mar 2025
2022-bedAED 1.68M · Nov 2024
2031-bedAED 1.15M · Feb 2025
2041-bedAED 1.13M · Sep 2024
2051-bedAED 1.05M · Oct 2024
2062-bedAED 1M · Dec 2023
2072-bedAED 1.67M · Mar 2025
1–7 of 19

216, Burj View Residence in numbers

  • Sold twice: first on 5 December 2023 for AED 392,025, last on 30 September 2024 for AED 654,000 (AED 1,409 per sqft).
  • Rented since June 2017 on 4 Ejari contracts. The rent fell from AED 43,000 to AED 29,900 in 2023 and recovered to AED 34,236 by April 2024.
  • At AED 34,236 a year the gross yield on the 2024 price is 5.2%, 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 30 September 2024.

Questions about 216, Burj View Residence

What did unit 216 last sell for?

AED 654,000 on 30 September 2024: AED 1,409 per sqft for 464 sqft. The unit has 2 registered sales; the first was AED 392,025 in December 2023.

What is the rent for unit 216?

AED 34,236 a year on the contract renewed on 10 April 2024. The previous contract, from April 2023, was AED 29,900; the unit has been rented since June 2017.

How big is unit 216?

464 sqft (43.1 sqm): a studio on the 2nd floor of a 6-storey tower completed in 2016.

What is unit 216 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 216, Burj View Residence

Starts from the last sale price (AED 654K, 30 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 654,000
Deposit, UAE resident (20%)
AED 130,800
Deposit, non-resident (40%)
AED 261,600
Monthly over 25 years at 3.7%
AED 2,676

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →