Studio · 464 sqftBurj View Residence, Arjan · 1st floor · completed 2016

116, Burj View Residence

Sold prices and rental history: sold 3 times, last in September 2026, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 116 · DLD and Ejari recordsUpdated 19 September 2026
Last soldAED 493K19 September 2026
Current rentAED 60K /yr21 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 116, Burj View Residence

What is 116 worth today?

Last sold for AED 492,500 in 2026

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19 Sep 2026SoldReady
AED 492,500AED 1,061 per sqft
21 Nov 2025RentedNew contract
AED 60,000/yr12 months · AED 130 per sqft
14 Oct 2024SoldReady
AED 650,000AED 1,400 per sqft
1 Sep 2024RentedNew contract
AED 27,632/yr4 months · AED 60 per sqft
17 May 2024Sold by developerReady
AED 357,129AED 769 per sqft
1 Sep 2023RentedRenewal
AED 27,600/yr12 months · AED 59 per sqft
1 Sep 2022RentedRenewal
AED 24,000/yr12 months · AED 52 per sqft
1 Sep 2021RentedNew contract
AED 20,000/yr12 months · AED 43 per sqft

Source: Dubai Land Department. Updated 19 September 2026.

Key facts

Type
Studio apartment
Size
464 sqft
Floor
1st of 6
Parking
B-68
Developer
Al Madar Investment
Completed
2016
Service charge
AED 5,600 /yr
Last sold
AED 493K · September 2026

About 116, Burj View Residence

116 is a studio of 464 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 19 September 2026 for AED 492,500, or AED 1,061 per sqft, 15% below the AED 1,245 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, signed on 21 November 2025, is AED 60,000 a year: a gross yield of 12.2% on the 2026 price, before the service charge of about AED 5,600 a year.

Sales and rents for 116 over time

Sales
Unit 116, each saleTypical studio in Burj View Residence
400K600K202320252027Typical 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 357,129 (AED 769 per sqft)Sold, October 2024: AED 650,000 (AED 1,400 per sqft)Sold, September 2026: AED 492,500 (AED 1,061 per sqft)

116 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 116, each contractTypical studio in Burj View Residence
20K40K60K2017202020232026Typical 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, August 2017: AED 43,000 a yearNew contract, December 2019: AED 30,000 a yearRenewal, December 2020: AED 23,000 a yearNew contract, September 2021: AED 20,000 a yearRenewal, September 2022: AED 24,000 a yearRenewal, September 2023: AED 27,600 a yearNew contract, September 2024: AED 27,632 a yearNew contract, November 2025: AED 60,000 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 116 sits

All 53 studios →

116 last sold in September 2026 at AED 1,061 per sqft, 15% below what studios in Burj View Residence were fetching at the time (AED 1,245). 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. 116's AED 60,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
23 Sep 2026600,000
10 Jul 2026600,000
7 Jul 2026640,000
12 Jun 2026560,000
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

116, Burj View Residence in numbers

  • Sold 3 times: first on 17 May 2024 for AED 357,129, last on 19 September 2026 for AED 492,500 (AED 1,061 per sqft).
  • Rented since August 2017 on 8 Ejari contracts. The rent fell from AED 43,000 to AED 20,000 in 2021 and recovered to AED 60,000 by November 2025.
  • At AED 60,000 a year the gross yield on the 2026 price is 12.2%, before a service charge of about AED 5,600 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 19 September 2026.

Questions about 116, Burj View Residence

What did unit 116 last sell for?

AED 492,500 on 19 September 2026: AED 1,061 per sqft for 464 sqft. The unit has 3 registered sales; the first was AED 357,129 in May 2024.

What is the rent for unit 116?

AED 60,000 a year on the contract signed on 21 November 2025. The previous contract, from September 2024, was AED 27,632; the unit has been rented since August 2017.

How big is unit 116?

464 sqft (43.1 sqm): a studio on the 1st floor of a 6-storey tower completed in 2016.

What is unit 116 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 116, Burj View Residence

Starts from the last sale price (AED 493K, 19 September 2026). Switch to today's estimate once you have unlocked it.
Price
AED 492,500
Deposit, UAE resident (20%)
AED 98,500
Deposit, non-resident (40%)
AED 197,000
Monthly over 25 years at 3.7%
AED 2,015

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