Studio · 542 sqftBurj View Residence, Arjan · 1st floor · completed 2016

118, Burj View Residence

Sold prices and rental history: sold twice, last in January 2025, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 118 · DLD and Ejari recordsUpdated 18 September 2026
Last soldAED 702K15 January 2025
Current rentAED 47K /yr18 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 118, Burj View Residence

What is 118 worth today?

Last sold for AED 702,025 in 2025

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18 Sep 2026RentedNew contract
AED 47,000/yr12 months · AED 87 per sqft
5 Sep 2025RentedNew contract
AED 50,000/yr12 months · AED 92 per sqft
15 Jan 2025SoldReady
AED 702,025AED 1,294 per sqft
21 May 2024RentedRenewal
AED 33,410/yr8 months · AED 62 per sqft
16 May 2024Sold by developerReady
AED 398,590AED 735 per sqft
21 May 2023RentedRenewal
AED 28,750/yr12 months · AED 53 per sqft
21 May 2022RentedRenewal
AED 25,000/yr12 months · AED 46 per sqft
21 Apr 2021RentedNew contract
AED 23,077/yr13 months · AED 43 per sqft

Source: Dubai Land Department. Updated 18 September 2026.

Key facts

Type
Studio apartment
Size
542 sqft
Floor
1st of 6
Parking
B-66
Developer
Al Madar Investment
Completed
2016
Service charge
AED 6,500 /yr
Last sold
AED 702K · January 2025

About 118, Burj View Residence

118 is a studio of 542 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 15 January 2025 for AED 702,025, or AED 1,294 per sqft, 27% above the AED 1,022 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, signed on 18 September 2026, is AED 47,000 a year: a gross yield of 6.7% on the 2025 price, before the service charge of about AED 6,500 a year.

Sales and rents for 118 over time

Sales
Unit 118, each saleTypical studio in Burj View Residence
400K600K20232024202520262027Typical 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 398,590 (AED 735 per sqft)Sold, January 2025: AED 702,025 (AED 1,294 per sqft)

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

Rents
Unit 118, 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, August 2018: AED 41,000 a yearNew contract, April 2021: AED 23,077 a yearRenewal, May 2022: AED 25,000 a yearRenewal, May 2023: AED 28,750 a yearRenewal, May 2024: AED 33,410 a yearNew contract, September 2025: AED 50,000 a yearNew contract, September 2026: AED 47,000 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 118 sits

All 53 studios →

118 last sold in January 2025 at AED 1,294 per sqft, 27% above what studios in Burj View Residence were fetching at the time (AED 1,022). 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. 118's AED 47,000 is in the lower half 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

118, Burj View Residence in numbers

  • Sold twice: first on 16 May 2024 for AED 398,590, last on 15 January 2025 for AED 702,025 (AED 1,294 per sqft).
  • Rented since August 2018 on 7 Ejari contracts. The rent fell from AED 41,000 to AED 23,077 in 2021 and recovered to AED 47,000 by September 2026.
  • At AED 47,000 a year the gross yield on the 2025 price is 6.7%, 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 18 September 2026.

Questions about 118, Burj View Residence

What did unit 118 last sell for?

AED 702,025 on 15 January 2025: AED 1,294 per sqft for 542 sqft. The unit has 2 registered sales; the first was AED 398,590 in May 2024.

What is the rent for unit 118?

AED 47,000 a year on the contract signed on 18 September 2026. The previous contract, from September 2025, was AED 50,000; the unit has been rented since August 2018.

How big is unit 118?

542 sqft (50.4 sqm): a studio on the 1st floor of a 6-storey tower completed in 2016.

What is unit 118 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 118, Burj View Residence

Starts from the last sale price (AED 702K, 15 January 2025). Switch to today's estimate once you have unlocked it.
Price
AED 702,025
Deposit, UAE resident (20%)
AED 140,405
Deposit, non-resident (40%)
AED 280,810
Monthly over 25 years at 3.7%
AED 2,872

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