616, Burj View Residence
Sold prices and rental history: sold twice, last in November 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 616, Burj View Residence
What is 616 worth today?
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Source: Dubai Land Department. Updated 15 April 2025.
Key facts
- Type
- Studio apartment
- Size
- 467 sqft
- Floor
- 6th of 6
- Parking
- G-07
- Developer
- Al Madar Investment
- Completed
- 2016
- Service charge
- AED 5,600 /yr
- Last sold
- AED 662K · November 2024
- Building
- Burj View Residence
About 616, Burj View Residence
616 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 November 2024 for AED 662,000, or AED 1,417 per sqft, 68% above the AED 843 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 15 April 2025, is AED 55,000 a year: a gross yield of 8.3% on the 2024 price, before the service charge of about AED 5,600 a year.
Sales and rents for 616 over time
616 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 616 sits
All 52 studios →616 last sold in November 2024 at AED 1,417 per sqft, 68% 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. 616's AED 55,000 is in the lower half 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 6th floor
All 119 units in Burj View Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 2-bed | 1,293 sqft | AED 1.59MAED 1,587,800 · Mar 2025March 2025 | 70,000 /yr | |
| 602 | 2-bed | 1,286 sqft | AED 1.2MAED 1,200,000 · May 2024May 2024 | 60,000 /yr | |
| 603 | 1-bed | 817 sqft | AED 857KAED 856,800 · Mar 2024March 2024 | 42,900 /yr | |
| 604 | 1-bed | 817 sqft | AED 1.08MAED 1,082,800 · Apr 2025April 2025 | 75,000 /yr | |
| 605 | 1-bed | 897 sqft | AED 1.17MAED 1,172,000 · Dec 2024December 2024 | 72,000 /yr | |
| 606 | 2-bed | 1,290 sqft | AED 1.57MAED 1,572,000 · Dec 2024December 2024 | 66,826 /yr | |
| 607 | 2-bed | 1,289 sqft | AED 1.35MAED 1,350,000 · May 2024May 2024 | 60,500 /yr | |
| 608 | 1-bed | 897 sqft | AED 1.18MAED 1,183,800 · Mar 2025March 2025 | 90,000 /yr | |
| 609 | 1-bed | 817 sqft | AED 1.07MAED 1,072,000 · Feb 2025February 2025 | 72,000 /yr | |
| 610 | 1,157 sqft | AED 1.27MAED 1,270,000 · Nov 2025November 2025 | 115,000 /yr | ||
| 611 | 2-bed | 1,301 sqft | AED 976KAED 976,494 · Dec 2023December 2023 | 60,500 /yr | |
| 612 | Studio | 467 sqft | AED 481KAED 480,924 · May 2024May 2024 | 45,000 /yr | |
| 613 | Studio | 555 sqft | AED 760KAED 760,000 · Nov 2024November 2024 | 55,000 /yr | |
| 614 | Studio | 465 sqft | AED 495KAED 495,000 · Aug 2024August 2024 | 47,000 /yr | |
| 615 | Studio | 467 sqft | AED 669KAED 668,700 · Feb 2025February 2025 | 31,900 /yr | |
| 617 | Studio | 465 sqft | AED 662KAED 662,000 · Sep 2024September 2024 | 52,000 /yr | |
| 618 | Studio | 554 sqft | AED 786KAED 785,952 · Jul 2025July 2025 | 30,000 /yr | |
| 619 | Studio | 434 sqft | AED 458KAED 458,000 · May 2024May 2024 | 42,000 /yr | |
| 620 | Studio | 463 sqft | AED 470KAED 470,000 · May 2024May 2024 | 27,000 /yr |
616, Burj View Residence in numbers
- Sold twice: first on 5 December 2023 for AED 395,272, last on 8 November 2024 for AED 662,000 (AED 1,417 per sqft).
- Rented since July 2017 on 6 Ejari contracts. The rent fell from AED 43,000 to AED 28,750 in 2023 and recovered to AED 55,000 by April 2025.
- At AED 55,000 a year the gross yield on the 2024 price is 8.3%, 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 15 April 2025.
Questions about 616, Burj View Residence
What did unit 616 last sell for?
AED 662,000 on 8 November 2024: AED 1,417 per sqft for 467 sqft. The unit has 2 registered sales; the first was AED 395,272 in December 2023.
What is the rent for unit 616?
AED 55,000 a year on the contract signed on 15 April 2025. The previous contract, from July 2024, was AED 34,000; the unit has been rented since July 2017.
How big is unit 616?
467 sqft (43.4 sqm): a studio on the 6th floor of a 6-storey tower completed in 2016.
What is unit 616 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 616, Burj View Residence
Starts from the last sale price (AED 662K, 8 November 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 662,000
- Deposit, UAE resident (20%)
- AED 132,400
- Deposit, non-resident (40%)
- AED 264,800
- Monthly over 25 years at 3.7%
- AED 2,708
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →