402, Burj View Residence
Sold prices and rental history: sold twice, last in June 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 402, Burj View Residence
What is 402 worth today?
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Source: Dubai Land Department. Updated 27 June 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,280 sqft
- Floor
- 4th of 6
- Parking
- B-22
- Developer
- Al Madar Investment
- Completed
- 2016
- Service charge
- AED 15,400 /yr
- Last sold
- AED 1.3M · June 2024
- Building
- Burj View Residence
About 402, Burj View Residence
402 is a two-bedroom apartment of 1,280 sqft on the 4th floor of Burj View Residence, a 6-storey tower in Arjan completed in 2016 by Al Madar Investment. It last sold on 27 June 2024 for AED 1,300,000, or AED 1,015 per sqft, 38% above the AED 738 two-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, renewed on 1 November 2023, is AED 66,150 a year: a gross yield of 5.1% on the 2024 price, before the service charge of about AED 15,400 a year.
Sales and rents for 402 over time
402 has sold twice; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Burj View Residence, and where 402 sits
All 31 2-beds →402 last sold in June 2024 at AED 1,015 per sqft, 38% above what two-beds in Burj View Residence were fetching at the time (AED 738). Over the last 12 months two-beds sold for AED 1,270,000 to 1,650,000, around AED 1,164 per sqft, and rent for AED 115,000 to 120,000 a year. 402's AED 66,150 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 12 Feb 202612 February 2026 | 1,341 sqft | 1,650,000 | 1,230 | ||
| 22 Jul 202522 July 2025 | 1,437 sqft | 1,749,400 | 1,217 | ||
| 1 Jul 20251 July 2025 | 1,201 sqft | 1,466,600 | 1,221 | ||
| 13 Jun 202513 June 2025 | 1,206 sqft | 1,488,600 | 1,234 |
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 4th floor
All 119 units in Burj View Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 1,290 sqft | AED 2.01MAED 2,012,000 · Dec 2024December 2024 | 115,000 /yr | |
| 403 | 1-bed | 898 sqft | AED 1.17MAED 1,168,000 · Jan 2025January 2025 | 85,000 /yr | |
| 404 | 1-bed | 817 sqft | AED 1.09MAED 1,089,360 · Nov 2024November 2024 | 75,000 /yr | |
| 405 | 1-bed | 876 sqft | AED 1.13MAED 1,130,000 · Jan 2025January 2025 | 43,700 /yr | |
| 406 | 2-bed | 1,287 sqft | AED 2.5MAED 2,500,000 · Dec 2024December 2024 | 58,000 /yr | |
| 407 | 2-bed | 1,287 sqft | AED 1.18MAED 1,180,000 · May 2024May 2024 | 120,000 /yr | |
| 408 | 1-bed | 876 sqft | AED 1.2MAED 1,200,000 · Apr 2025April 2025 | 43,700 /yr | |
| 409 | 1-bed | 817 sqft | AED 850KAED 850,000 · May 2024May 2024 | 64,000 /yr | |
| 410 | 2-bed | 1,227 sqft | AED 1MAED 1,000,000 · May 2024May 2024 | 103,000 /yr | |
| 411 | 2-bed | 1,295 sqft | AED 1.18MAED 1,180,000 · Mar 2024March 2024 | 68,000 /yr | |
| 412 | Studio | 527 sqft | AED 735KAED 735,300 · Jan 2025January 2025 | 50,000 /yr | |
| 413 | Studio | 543 sqft | AED 785KAED 785,000 · Jun 2025June 2025 | 27,600 /yr | |
| 414 | Studio | 465 sqft | AED 478KAED 478,269 · May 2024May 2024 | 28,000 /yr | |
| 415 | Studio | 464 sqft | AED 658KAED 658,000 · Feb 2025February 2025 | 31,740 /yr | |
| 416 | Studio | 464 sqft | AED 660KAED 660,000 · Apr 2025April 2025 | 31,689 /yr | |
| 417 | Studio | 465 sqft | AED 658KAED 658,000 · Jan 2025January 2025 | 55,000 /yr | |
| 418 | Studio | 544 sqft | AED 775KAED 775,000 · Mar 2025March 2025 | 50,000 /yr | |
| 419 | Studio | 495 sqft | AED 670KAED 670,000 · Oct 2024October 2024 | 58,000 /yr | |
| 420 | Studio | 521 sqft | AED 695KAED 695,000 · Apr 2025April 2025 | 57,000 /yr |
402, Burj View Residence in numbers
- Sold twice: first on 5 December 2023 for AED 936,484, last on 27 June 2024 for AED 1,300,000 (AED 1,015 per sqft).
- Rented since March 2017 on 7 Ejari contracts. The rent fell from AED 85,000 to AED 55,000 in 2021 and recovered to AED 66,150 by November 2023.
- At AED 66,150 a year the gross yield on the 2024 price is 5.1%, before a service charge of about AED 15,400 a year (AED 12.00 per sqft).
- Two-beds in Burj View Residence sold for AED 1,270,000–1,650,000 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 27 June 2024.
Questions about 402, Burj View Residence
What did unit 402 last sell for?
AED 1,300,000 on 27 June 2024: AED 1,015 per sqft for 1,280 sqft. The unit has 2 registered sales; the first was AED 936,484 in December 2023.
What is the rent for unit 402?
AED 66,150 a year on the contract renewed on 1 November 2023. The previous contract, from November 2022, was AED 63,000; the unit has been rented since March 2017.
How big is unit 402?
1,280 sqft (118.9 sqm): a two-bedroom apartment on the 4th floor of a 6-storey tower completed in 2016.
What is unit 402 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Burj View Residence sold for AED 1,270,000 to 1,650,000 in the last 12 months, around AED 1,164 per sqft.
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Mortgage on 402, Burj View Residence
Starts from the last sale price (AED 1.3M, 27 June 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,300,000
- Deposit, UAE resident (20%)
- AED 260,000
- Deposit, non-resident (40%)
- AED 520,000
- Monthly over 25 years at 3.7%
- AED 5,319
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →