Studio · 544 sqftBurj View Residence, Arjan · 2nd floor · completed 2016

218, Burj View Residence

Sold prices and rental history: sold twice, last in May 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 218 · DLD and Ejari recordsUpdated 10 July 2025
Last soldAED 650K13 May 2024
Current rentAED 50K /yr10 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 218, Burj View Residence

What is 218 worth today?

Last sold for AED 650,000 in 2024

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10 Jul 2025RentedNew contract
AED 50,000/yr12 months · AED 92 per sqft
15 Dec 2024RentedNew contract
AED 63,600/yr12 months · AED 117 per sqft
13 May 2024SoldReady
AED 650,000AED 1,195 per sqft
5 Dec 2023Sold by developerReady
AED 438,393AED 806 per sqft
1 Mar 2022RentedNew contract
AED 27,000/yr12 months · AED 50 per sqft
25 Feb 2021RentedNew contract
AED 25,000/yr12 months · AED 46 per sqft
11 Jul 2019RentedNew contract
AED 35,000/yr12 months · AED 64 per sqft
6 Aug 2018RentedNew contract
AED 41,000/yr12 months · AED 75 per sqft

Source: Dubai Land Department. Updated 10 July 2025.

Key facts

Type
Studio apartment
Size
544 sqft
Floor
2nd of 6
Parking
B-89
Developer
Al Madar Investment
Completed
2016
Service charge
AED 6,500 /yr
Last sold
AED 650K · May 2024

About 218, Burj View Residence

218 is a studio of 544 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 13 May 2024 for AED 650,000, or AED 1,195 per sqft, 42% above the AED 843 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, signed on 10 July 2025, is AED 50,000 a year: a gross yield of 7.7% on the 2024 price, before the service charge of about AED 6,500 a year.

Sales and rents for 218 over time

Sales
Unit 218, 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 438,393 (AED 806 per sqft)Sold, May 2024: AED 650,000 (AED 1,195 per sqft)

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

Rents
Unit 218, 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, August 2018: AED 41,000 a yearNew contract, July 2019: AED 35,000 a yearNew contract, February 2021: AED 25,000 a yearNew contract, March 2022: AED 27,000 a yearNew contract, December 2024: AED 63,600 a yearNew contract, July 2025: AED 50,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Burj View Residence, and where 218 sits

All 52 studios →

218 last sold in May 2024 at AED 1,195 per sqft, 42% above what studios in Burj View Residence were fetching at the time (AED 843). 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. 218's AED 50,000 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

218, Burj View Residence in numbers

  • Sold twice: first on 5 December 2023 for AED 438,393, last on 13 May 2024 for AED 650,000 (AED 1,195 per sqft).
  • Rented since August 2018 on 6 Ejari contracts. The rent fell from AED 41,000 to AED 25,000 in 2021 and recovered to AED 50,000 by July 2025.
  • At AED 50,000 a year the gross yield on the 2024 price is 7.7%, 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 10 July 2025.

Questions about 218, Burj View Residence

What did unit 218 last sell for?

AED 650,000 on 13 May 2024: AED 1,195 per sqft for 544 sqft. The unit has 2 registered sales; the first was AED 438,393 in December 2023.

What is the rent for unit 218?

AED 50,000 a year on the contract signed on 10 July 2025. The previous contract, from December 2024, was AED 63,600; the unit has been rented since August 2018.

How big is unit 218?

544 sqft (50.5 sqm): a studio on the 2nd floor of a 6-storey tower completed in 2016.

What is unit 218 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 218, Burj View Residence

Starts from the last sale price (AED 650K, 13 May 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 AED 32,310 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →