516, Burj View Residence
Sold prices and rental history: sold twice, last in February 2025, 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 516, Burj View Residence
What is 516 worth today?
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Source: Dubai Land Department. Updated 1 September 2025.
Key facts
- Type
- Studio apartment
- Size
- 464 sqft
- Floor
- 5th of 6
- Parking
- B-85
- Developer
- Al Madar Investment
- Completed
- 2016
- Service charge
- AED 5,600 /yr
- Last sold
- AED 683K · February 2025
- Building
- Burj View Residence
About 516, Burj View Residence
516 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 12 February 2025 for AED 682,760, or AED 1,471 per sqft, 41% above the AED 1,042 studios 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 September 2025, is AED 46,000 a year: a gross yield of 6.7% on the 2025 price, before the service charge of about AED 5,600 a year.
Sales and rents for 516 over time
516 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 516 sits
All 52 studios →516 last sold in February 2025 at AED 1,471 per sqft, 41% above what studios in Burj View Residence were fetching at the time (AED 1,042). 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. 516's AED 46,000 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 | ||
| 23 Jul 202523 July 2025 | 464 sqft | 630,000 | 1,357 | ||
| 18 Jul 202518 July 2025 | 554 sqft | 785,952 | 1,417 | ||
| 25 Jun 202525 June 2025 | 467 sqft | 642,000 | 1,373 |
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 | |
| 515 | Studio | 464 sqft | AED 630KAED 630,000 · Jul 2025July 2025 | 31,050 /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 |
516, Burj View Residence in numbers
- Sold twice: first on 17 May 2024 for AED 355,000, last on 12 February 2025 for AED 682,760 (AED 1,471 per sqft).
- Rented since June 2017 on 6 Ejari contracts. The rent fell from AED 43,000 to AED 23,001 in 2021 and recovered to AED 46,000 by September 2025.
- At AED 46,000 a year the gross yield on the 2025 price is 6.7%, 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 1 September 2025.
Questions about 516, Burj View Residence
What did unit 516 last sell for?
AED 682,760 on 12 February 2025: AED 1,471 per sqft for 464 sqft. The unit has 2 registered sales; the first was AED 355,000 in May 2024.
What is the rent for unit 516?
AED 46,000 a year on the contract signed on 1 September 2025. The previous contract, from September 2023, was AED 31,740; the unit has been rented since June 2017.
How big is unit 516?
464 sqft (43.1 sqm): a studio on the 5th floor of a 6-storey tower completed in 2016.
What is unit 516 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 516, Burj View Residence
Starts from the last sale price (AED 683K, 12 February 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 682,760
- Deposit, UAE resident (20%)
- AED 136,552
- Deposit, non-resident (40%)
- AED 273,104
- Monthly over 25 years at 3.7%
- AED 2,793
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →