515, Burj View Residence
Sold prices and rental history: sold twice, last in July 2025, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 515, Burj View Residence
What is 515 worth today?
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Source: Dubai Land Department. Updated 23 July 2025.
Key facts
- Type
- Studio apartment
- Size
- 464 sqft
- Floor
- 5th of 6
- Parking
- B-86
- Developer
- Al Madar Investment
- Completed
- 2016
- Service charge
- AED 5,600 /yr
- Last sold
- AED 630K · July 2025
- Building
- Burj View Residence
About 515, Burj View Residence
515 is a studio of 464 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 23 July 2025 for AED 630,000, or AED 1,357 per sqft, 4% below the AED 1,409 studios in the building were fetching at the time.
It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, renewed on 11 September 2023, is AED 31,050 a year: a gross yield of 4.9% on the 2025 price, before the service charge of about AED 5,600 a year.
Sales and rents for 515 over time
515 has sold twice; the dashed line is the studio median of each year in the building.
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 515 sits
All 52 studios →515 last sold in July 2025 at AED 1,357 per sqft, 4% below what studios in Burj View Residence were fetching at the time (AED 1,409). 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. 515's AED 31,050 is at the bottom of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 13 Jan 202613 January 2026 | 510 sqft | 695,000 | 1,363 | ||
| 18 Jul 202518 July 2025 | 554 sqft | 785,952 | 1,417 | ||
| 25 Jun 202525 June 2025 | 467 sqft | 642,000 | 1,373 | ||
| 20 Jun 202520 June 2025 | 543 sqft | 785,000 | 1,446 |
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 5th floor
All 119 units in Burj View Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,290 sqft | AED 1.59MAED 1,585,700 · Apr 2025April 2025 | 115,000 /yr | |
| 502 | 1,281 sqft | AED 1.63MAED 1,625,000 · Nov 2025November 2025 | 70,693 /yr | ||
| 503 | 1-bed | 817 sqft | AED 1.07MAED 1,065,000 · Oct 2024October 2024 | 46,459 /yr | |
| 504 | 1-bed | 817 sqft | AED 776KAED 775,748 · May 2024May 2024 | 48,070 /yr | |
| 505 | 1-bed | 876 sqft | AED 1.15MAED 1,154,500 · Jan 2025January 2025 | 60,000 /yr | |
| 506 | 2-bed | 1,287 sqft | AED 1.57MAED 1,572,000 · Sep 2024September 2024 | 79,000 /yr | |
| 507 | 2-bed | 1,287 sqft | AED 1.5MAED 1,500,000 · Jun 2025June 2025 | 66,550 /yr | |
| 508 | 1-bed | 876 sqft | AED 644KAED 643,822 · May 2024May 2024 | 47,650 /yr | |
| 509 | 1-bed | 817 sqft | AED 1.08MAED 1,082,720 · Nov 2024November 2024 | 80,000 /yr | |
| 510 | 2-bed | 1,145 sqft | AED 842KAED 841,732 · May 2024May 2024 | 120,000 /yr | |
| 511 | 2-bed | 1,295 sqft | AED 1.59MAED 1,585,700 · Mar 2025March 2025 | 60,720 /yr | |
| 512 | Studio | 467 sqft | AED 642KAED 642,000 · Jun 2025June 2025 | 55,000 /yr | |
| 513 | Studio | 543 sqft | AED 758KAED 757,500 · Apr 2025April 2025 | 52,000 /yr | |
| 514 | Studio | 465 sqft | AED 642KAED 642,000 · Jun 2025June 2025 | 34,155 /yr | |
| 516 | Studio | 464 sqft | AED 683KAED 682,760 · Feb 2025February 2025 | 46,000 /yr | |
| 517 | 465 sqft | AED 695KAED 695,000 · Nov 2025November 2025 | 53,000 /yr | ||
| 518 | Studio | 544 sqft | AED 760KAED 760,000 · Sep 2024September 2024 | 53,000 /yr | |
| 519 | Studio | 434 sqft | AED 645KAED 645,000 · Nov 2024November 2024 | 50,000 /yr | |
| 520 | Studio | 463 sqft | AED 700KAED 699,980 · Mar 2025March 2025 | 29,000 /yr |
515, Burj View Residence in numbers
- Sold twice: first on 17 May 2024 for AED 440,568, last on 23 July 2025 for AED 630,000 (AED 1,357 per sqft).
- Rented since June 2018 on 6 Ejari contracts. The rent fell from AED 43,000 to AED 24,000 in 2021 and recovered to AED 31,050 by September 2023.
- At AED 31,050 a year the gross yield on the 2025 price is 4.9%, 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 23 July 2025.
Questions about 515, Burj View Residence
What did unit 515 last sell for?
AED 630,000 on 23 July 2025: AED 1,357 per sqft for 464 sqft. The unit has 2 registered sales; the first was AED 440,568 in May 2024.
What is the rent for unit 515?
AED 31,050 a year on the contract renewed on 11 September 2023. The previous contract, from September 2022, was AED 27,000; the unit has been rented since June 2018.
How big is unit 515?
464 sqft (43.1 sqm): a studio on the 5th floor of a 6-storey tower completed in 2016.
What is unit 515 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 515, Burj View Residence
Starts from the last sale price (AED 630K, 23 July 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 630,000
- Deposit, UAE resident (20%)
- AED 126,000
- Deposit, non-resident (40%)
- AED 252,000
- Monthly over 25 years at 3.7%
- AED 2,578
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →