Studio · 544 sqftBurj View Residence, Arjan · 3rd floor · completed 2016

318, Burj View Residence

Sold prices and rental history: sold twice, last in January 2025, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 318 · DLD and Ejari recordsUpdated 22 January 2025
Last soldAED 746K22 January 2025
Current rentAED 39K /yr1 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 318, Burj View Residence

What is 318 worth today?

Last sold for AED 746,000 in 2025

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22 Jan 2025SoldReady
AED 746,000AED 1,371 per sqft
1 Aug 2024RentedNew contract
AED 38,501/yr5 months · AED 70 per sqft
17 May 2024Sold by developerReady
AED 399,777AED 735 per sqft
1 Aug 2023RentedNew contract
AED 35,000/yr12 months · AED 64 per sqft
16 May 2019RentedRenewal
AED 41,000/yr12 months · AED 75 per sqft
16 May 2017RentedNew contract
AED 49,500/yr12 months · AED 91 per sqft

Source: Dubai Land Department. Updated 22 January 2025.

Key facts

Type
Studio apartment
Size
544 sqft
Floor
3rd of 6
Parking
B-27
Developer
Al Madar Investment
Completed
2016
Service charge
AED 6,500 /yr
Last sold
AED 746K · January 2025

About 318, Burj View Residence

318 is a studio of 544 sqft on the 3rd floor of Burj View Residence, a 6-storey tower in Arjan completed in 2016 by Al Madar Investment. It last sold on 22 January 2025 for AED 746,000, or AED 1,371 per sqft, 33% above the AED 1,029 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, signed on 1 August 2024, is AED 38,501 a year: a gross yield of 5.2% on the 2025 price, before the service charge of about AED 6,500 a year.

Sales and rents for 318 over time

Sales
Unit 318, each saleTypical studio in Burj View Residence
400K600K800K2023202420252026Typical sale price by year: 2023 AED 395,272; 2024 AED 478,269; 2025 AED 685,790Sold by developer, May 2024: AED 399,777 (AED 735 per sqft)Sold, January 2025: AED 746,000 (AED 1,371 per sqft)

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

Rents
Unit 318, 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, May 2017: AED 49,500 a yearRenewal, May 2019: AED 41,000 a yearNew contract, August 2023: AED 35,000 a yearNew contract, August 2024: AED 38,501 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 318 sits

All 52 studios →

318 last sold in January 2025 at AED 1,371 per sqft, 33% above what studios in Burj View Residence were fetching at the time (AED 1,029). 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. 318's AED 38,501 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 3rd floor

All 119 units in Burj View Residence
Value
301AED 1.03M · May 2024
3022-bedAED 1.65M · Feb 2026
303AED 1.1M · Aug 2025
3041-bedAED 989K · Jun 2024
3051-bedAED 656K · May 2024
306AED 1M · May 2024
307AED 1M · May 2024
1–7 of 18

318, Burj View Residence in numbers

  • Sold twice: first on 17 May 2024 for AED 399,777, last on 22 January 2025 for AED 746,000 (AED 1,371 per sqft).
  • Rented since May 2017 on 4 Ejari contracts. The rent fell from AED 49,500 to AED 35,000 in 2023 and recovered to AED 38,501 by August 2024.
  • At AED 38,501 a year the gross yield on the 2025 price is 5.2%, 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 22 January 2025.

Questions about 318, Burj View Residence

What did unit 318 last sell for?

AED 746,000 on 22 January 2025: AED 1,371 per sqft for 544 sqft. The unit has 2 registered sales; the first was AED 399,777 in May 2024.

What is the rent for unit 318?

AED 38,501 a year on the contract signed on 1 August 2024. The previous contract, from August 2023, was AED 35,000; the unit has been rented since May 2017.

How big is unit 318?

544 sqft (50.5 sqm): a studio on the 3rd floor of a 6-storey tower completed in 2016.

What is unit 318 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 318, Burj View Residence

Starts from the last sale price (AED 746K, 22 January 2025). Switch to today's estimate once you have unlocked it.
Price
AED 746,000
Deposit, UAE resident (20%)
AED 149,200
Deposit, non-resident (40%)
AED 298,400
Monthly over 25 years at 3.7%
AED 3,052

Plus AED 36,342 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →