Studio · 467 sqftBurj View Residence, Arjan · 6th floor · completed 2016

612, Burj View Residence

Sold prices and rental history: sold twice, last in May 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 612 · DLD and Ejari recordsUpdated 1 October 2024
Last soldAED 481K8 May 2024
Current rentAED 45K /yr1 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 612, Burj View Residence

What is 612 worth today?

Last sold for AED 480,924 in 2024

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1 Oct 2024RentedNew contract
AED 45,000/yr12 months · AED 96 per sqft
8 May 2024SoldReady
AED 480,924AED 1,028 per sqft
5 Dec 2023Sold by developerReady
AED 394,218AED 843 per sqft
31 Mar 2023RentedRenewal
AED 29,900/yr12 months · AED 64 per sqft
31 Mar 2022RentedRenewal
AED 26,000/yr12 months · AED 56 per sqft
1 Aug 2019RentedNew contract
AED 32,000/yr12 months · AED 68 per sqft

Source: Dubai Land Department. Updated 1 October 2024.

Key facts

Type
Studio apartment
Size
467 sqft
Floor
6th of 6
Parking
G-06
Developer
Al Madar Investment
Completed
2016
Service charge
AED 5,600 /yr
Last sold
AED 481K · May 2024

About 612, Burj View Residence

612 is a studio of 467 sqft on the 6th floor of Burj View Residence, a 6-storey tower in Arjan completed in 2016 by Al Madar Investment. It last sold on 8 May 2024 for AED 480,924, or AED 1,028 per sqft, 22% above the AED 843 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 1 October 2024, is AED 45,000 a year: a gross yield of 9.4% on the 2024 price, before the service charge of about AED 5,600 a year.

Sales and rents for 612 over time

Sales
Unit 612, each saleTypical studio in Burj View Residence
400K600K2023202420252026Typical sale price by year: 2023 AED 395,272; 2024 AED 478,269; 2025 AED 685,790Sold by developer, December 2023: AED 394,218 (AED 843 per sqft)Sold, May 2024: AED 480,924 (AED 1,028 per sqft)

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

Rents
Unit 612, 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, August 2019: AED 32,000 a yearRenewal, March 2022: AED 26,000 a yearRenewal, March 2023: AED 29,900 a yearNew contract, October 2024: AED 45,000 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 612 sits

All 52 studios →

612 last sold in May 2024 at AED 1,028 per sqft, 22% above what studios in Burj View Residence were fetching at the time (AED 843). 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. 612's AED 45,000 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 6th floor

All 119 units in Burj View Residence
Value
6012-bedAED 1.59M · Mar 2025
6022-bedAED 1.2M · May 2024
6031-bedAED 857K · Mar 2024
6041-bedAED 1.08M · Apr 2025
6051-bedAED 1.17M · Dec 2024
6062-bedAED 1.57M · Dec 2024
6072-bedAED 1.35M · May 2024
1–7 of 19

612, Burj View Residence in numbers

  • Sold twice: first on 5 December 2023 for AED 394,218, last on 8 May 2024 for AED 480,924 (AED 1,028 per sqft).
  • Rented since August 2019 on 4 Ejari contracts. The rent fell from AED 32,000 to AED 26,000 in 2022 and recovered to AED 45,000 by October 2024.
  • At AED 45,000 a year the gross yield on the 2024 price is 9.4%, 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 October 2024.

Questions about 612, Burj View Residence

What did unit 612 last sell for?

AED 480,924 on 8 May 2024: AED 1,028 per sqft for 467 sqft. The unit has 2 registered sales; the first was AED 394,218 in December 2023.

What is the rent for unit 612?

AED 45,000 a year on the contract signed on 1 October 2024. The previous contract, from March 2023, was AED 29,900; the unit has been rented since August 2019.

How big is unit 612?

467 sqft (43.4 sqm): a studio on the 6th floor of a 6-storey tower completed in 2016.

What is unit 612 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 612, Burj View Residence

Starts from the last sale price (AED 481K, 8 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 480,924
Deposit, UAE resident (20%)
AED 96,185
Deposit, non-resident (40%)
AED 192,370
Monthly over 25 years at 3.7%
AED 1,968

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