1-bed · 876 sqftBurj View Residence, Arjan · 5th floor · completed 2016

505, 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 505 · DLD and Ejari recordsUpdated 22 January 2025
Last soldAED 1.15M22 January 2025
Current rentAED 60K /yr1 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 505, Burj View Residence

What is 505 worth today?

Last sold for AED 1,154,500 in 2025

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22 Jan 2025SoldReady
AED 1,154,500AED 1,318 per sqft
1 Jul 2024RentedNew contract
AED 60,000/yr12 months · AED 69 per sqft
17 May 2024Sold by developerReady
AED 643,822AED 735 per sqft
21 Jul 2023RentedNew contract
AED 52,000/yr12 months · AED 59 per sqft
3 Jul 2022RentedRenewal
AED 43,700/yr12 months · AED 50 per sqft
3 Jun 2021RentedNew contract
AED 35,077/yr13 months · AED 40 per sqft
2 Apr 2018RentedRenewal
AED 64,000/yr12 months · AED 73 per sqft
2 Apr 2017RentedNew contract
AED 65,500/yr12 months · AED 75 per sqft

Source: Dubai Land Department. Updated 22 January 2025.

Key facts

Type
1-bed apartment
Size
876 sqft
Floor
5th of 6
Parking
B-24
Developer
Al Madar Investment
Completed
2016
Service charge
AED 10,500 /yr
Last sold
AED 1.15M · January 2025

About 505, Burj View Residence

505 is a one-bedroom apartment of 876 sqft on the 5th 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 1,154,500, or AED 1,318 per sqft, 32% above the AED 995 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, signed on 1 July 2024, is AED 60,000 a year: a gross yield of 5.2% on the 2025 price, before the service charge of about AED 10,500 a year.

Sales and rents for 505 over time

Sales
Unit 505, each saleTypical one-bed in Burj View Residence
750K1M2023202420252026Typical sale price by year: 2023 AED 663,525; 2024 AED 667,643; 2025 AED 1,137,000Sold by developer, May 2024: AED 643,822 (AED 735 per sqft)Sold, January 2025: AED 1,154,500 (AED 1,318 per sqft)

505 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 505, each contractTypical one-bed in Burj View Residence
40K60K80K2017202020232026Typical rent by year: 2017 AED 65,500; 2018 AED 64,000; 2019 AED 45,000; 2020 AED 42,250; 2021 AED 38,000; 2022 AED 39,250; 2023 AED 43,700; 2024 AED 47,650; 2025 AED 74,000New contract, April 2017: AED 65,500 a yearRenewal, April 2018: AED 64,000 a yearNew contract, June 2021: AED 35,077 a yearRenewal, July 2022: AED 43,700 a yearNew contract, July 2023: AED 52,000 a yearNew contract, July 2024: AED 60,000 a year

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

1-beds in Burj View Residence, and where 505 sits

All 27 1-beds →

505 last sold in January 2025 at AED 1,318 per sqft, 32% above what one-beds in Burj View Residence were fetching at the time (AED 995). 505's AED 60,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
8 Jul 20251,097,664
25 Jun 20251,099,000
16 Jun 20251,137,000
30 Apr 20251,135,000
0 1-bed 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 5th floor

All 119 units in Burj View Residence
Value
5012-bedAED 1.59M · Apr 2025
502AED 1.63M · Nov 2025
5031-bedAED 1.07M · Oct 2024
5041-bedAED 776K · May 2024
5062-bedAED 1.57M · Sep 2024
5072-bedAED 1.5M · Jun 2025
5081-bedAED 644K · May 2024
1–7 of 19

505, Burj View Residence in numbers

  • Sold twice: first on 17 May 2024 for AED 643,822, last on 22 January 2025 for AED 1,154,500 (AED 1,318 per sqft).
  • Rented since April 2017 on 6 Ejari contracts. The rent fell from AED 65,500 to AED 35,077 in 2021 and recovered to AED 60,000 by July 2024.
  • At AED 60,000 a year the gross yield on the 2025 price is 5.2%, before a service charge of about AED 10,500 a year (AED 12.00 per sqft).

Source: Dubai Land Department. Updated 22 January 2025.

Questions about 505, Burj View Residence

What did unit 505 last sell for?

AED 1,154,500 on 22 January 2025: AED 1,318 per sqft for 876 sqft. The unit has 2 registered sales; the first was AED 643,822 in May 2024.

What is the rent for unit 505?

AED 60,000 a year on the contract signed on 1 July 2024. The previous contract, from July 2023, was AED 52,000; the unit has been rented since April 2017.

How big is unit 505?

876 sqft (81.4 sqm): a one-bedroom apartment on the 5th floor of a 6-storey tower completed in 2016.

What is unit 505 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 505, Burj View Residence

Starts from the last sale price (AED 1.15M, 22 January 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,154,500
Deposit, UAE resident (20%)
AED 230,900
Deposit, non-resident (40%)
AED 461,800
Monthly over 25 years at 3.7%
AED 4,723

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