Studio · 541 sqftBurj View Residence, Arjan · 1st floor · completed 2016

113, Burj View Residence

Sold prices and rental history: sold twice, last in November 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 113 · DLD and Ejari recordsUpdated 28 November 2024
Last soldAED 742K28 November 2024
Current rentAED 31K /yr15 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 113, Burj View Residence

What is 113 worth today?

Last sold for AED 742,000 in 2024

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28 Nov 2024SoldReady
AED 742,000AED 1,370 per sqft
16 May 2024Sold by developerReady
AED 397,876AED 735 per sqft
15 Jan 2024RentedRenewal
AED 31,000/yr12 months · AED 57 per sqft
15 Jan 2023RentedNew contract
AED 28,000/yr12 months · AED 52 per sqft
20 Sep 2021RentedRenewal
AED 24,000/yr12 months · AED 44 per sqft
20 Sep 2020RentedRenewal
AED 28,000/yr12 months · AED 52 per sqft
20 Sep 2019RentedRenewal
AED 35,000/yr12 months · AED 65 per sqft
20 Sep 2018RentedNew contract
AED 41,000/yr12 months · AED 76 per sqft

Source: Dubai Land Department. Updated 28 November 2024.

Key facts

Type
Studio apartment
Size
541 sqft
Floor
1st of 6
Parking
B-71
Developer
Al Madar Investment
Completed
2016
Service charge
AED 6,500 /yr
Last sold
AED 742K · November 2024

About 113, Burj View Residence

113 is a studio of 541 sqft on the 1st floor of Burj View Residence, a 6-storey tower in Arjan completed in 2016 by Al Madar Investment. It last sold on 28 November 2024 for AED 742,000, or AED 1,370 per sqft, 63% above the AED 843 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 15 January 2024, is AED 31,000 a year: a gross yield of 4.2% on the 2024 price, before the service charge of about AED 6,500 a year.

Sales and rents for 113 over time

Sales
Unit 113, each saleTypical studio in Burj View Residence
400K600K800K20232024202520262027Typical sale price by year: 2023 AED 395,272; 2024 AED 478,269; 2025 AED 688,820; 2026 AED 580,000Sold by developer, May 2024: AED 397,876 (AED 735 per sqft)Sold, November 2024: AED 742,000 (AED 1,370 per sqft)

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

Rents
Unit 113, each contractTypical studio in Burj View Residence
20K40K2017202020232026Typical rent by year: 2017 AED 45,500; 2018 AED 43,000; 2019 AED 34,000; 2020 AED 28,510; 2021 AED 24,000; 2022 AED 27,001; 2023 AED 30,400; 2024 AED 34,000; 2025 AED 52,000; 2026 AED 52,000New contract, September 2018: AED 41,000 a yearRenewal, September 2019: AED 35,000 a yearRenewal, September 2020: AED 28,000 a yearRenewal, September 2021: AED 24,000 a yearNew contract, January 2023: AED 28,000 a yearRenewal, January 2024: AED 31,000 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 113 sits

All 53 studios →

113 last sold in November 2024 at AED 1,370 per sqft, 63% above what studios in Burj View Residence were fetching at the time (AED 843). Over the last 12 months studios sold for AED 492,500 to 695,000, around AED 1,207 per sqft, and rent for AED 40,000 to 68,000 a year. 113's AED 31,000 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
23 Sep 2026600,000
19 Sep 2026492,500
10 Jul 2026600,000
7 Jul 2026640,000
9 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. 15 sold in the last 12 months.

Typical price per sqft
AED 1,183 Down 11.3%
Typical sale
AED 640K
Typical rent
AED 65K /yr
Typical yield
7.9%
Burj View Residence, Arjan: prices, sales and rents →

Other units on the 1st floor

All 119 units in Burj View Residence
Value
1012-bedAED 1.75M · Jul 2025
1022-bedAED 1.55M · Aug 2026
1031-bedAED 1.03M · Oct 2025
1041-bedAED 1.14M · Feb 2025
1051-bedAED 1.14M · Apr 2025
1062-bedAED 1.66M · Mar 2025
1072-bedAED 1.6M · Oct 2024
1–7 of 19

113, Burj View Residence in numbers

  • Sold twice: first on 16 May 2024 for AED 397,876, last on 28 November 2024 for AED 742,000 (AED 1,370 per sqft).
  • Rented since September 2018 on 6 Ejari contracts. The rent fell from AED 41,000 to AED 24,000 in 2021 and recovered to AED 31,000 by January 2024.
  • At AED 31,000 a year the gross yield on the 2024 price is 4.2%, before a service charge of about AED 6,500 a year (AED 12.00 per sqft).
  • Studios in Burj View Residence sold for AED 492,500–695,000 in the 12 months to November 2026; the building's median across all types is AED 1,183 per sqft.

Source: Dubai Land Department. Updated 28 November 2024.

Questions about 113, Burj View Residence

What did unit 113 last sell for?

AED 742,000 on 28 November 2024: AED 1,370 per sqft for 541 sqft. The unit has 2 registered sales; the first was AED 397,876 in May 2024.

What is the rent for unit 113?

AED 31,000 a year on the contract renewed on 15 January 2024. The previous contract, from January 2023, was AED 28,000; the unit has been rented since September 2018.

How big is unit 113?

541 sqft (50.3 sqm): a studio on the 1st floor of a 6-storey tower completed in 2016.

What is unit 113 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 492,500 to 695,000 in the last 12 months, around AED 1,207 per sqft.

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Mortgage on 113, Burj View Residence

Starts from the last sale price (AED 742K, 28 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 742,000
Deposit, UAE resident (20%)
AED 148,400
Deposit, non-resident (40%)
AED 296,800
Monthly over 25 years at 3.7%
AED 3,036

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