1-bed · 877 sqftBurj View Residence, Arjan · 2nd floor · completed 2016

204, Burj View Residence

Sold prices and rental history: sold twice, last in September 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 204 · DLD and Ejari recordsUpdated 27 September 2024
Last soldAED 1.13M27 September 2024
Current rentAED 43K /yr31 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 204, Burj View Residence

What is 204 worth today?

Last sold for AED 1,134,000 in 2024

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27 Sep 2024SoldReady
AED 1,134,000AED 1,292 per sqft
5 Dec 2023Sold by developerReady
AED 663,525AED 756 per sqft
31 Jan 2023RentedRenewal
AED 43,000/yr12 months · AED 49 per sqft
31 Jan 2022RentedRenewal
AED 38,000/yr12 months · AED 43 per sqft
31 Jan 2021RentedNew contract
AED 38,000/yr12 months · AED 43 per sqft
18 Jul 2019RentedNew contract
AED 45,000/yr12 months · AED 51 per sqft
26 Mar 2018RentedRenewal
AED 64,000/yr12 months · AED 73 per sqft
26 Mar 2017RentedNew contract
AED 65,500/yr12 months · AED 75 per sqft

Source: Dubai Land Department. Updated 27 September 2024.

Key facts

Type
1-bed apartment
Size
877 sqft
Floor
2nd of 6
Parking
B-60
Developer
Al Madar Investment
Completed
2016
Service charge
AED 10,500 /yr
Last sold
AED 1.13M · September 2024

About 204, Burj View Residence

204 is a one-bedroom apartment of 877 sqft on the 2nd floor of Burj View Residence, a 6-storey tower in Arjan completed in 2016 by Al Madar Investment. It last sold on 27 September 2024 for AED 1,134,000, or AED 1,292 per sqft, 71% above the AED 754 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, renewed on 31 January 2023, is AED 43,000 a year: a gross yield of 3.8% on the 2024 price, before the service charge of about AED 10,500 a year.

Sales and rents for 204 over time

Sales
Unit 204, each saleTypical one-bed in Burj View Residence
750K1M2023202420252026Typical sale price by year: 2023 AED 663,525; 2024 AED 664,041; 2025 AED 1,135,000Sold by developer, December 2023: AED 663,525 (AED 756 per sqft)Sold, September 2024: AED 1,134,000 (AED 1,292 per sqft)

204 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 204, each contractTypical one-bed in Burj View Residence
40K60K2017202020232026Typical rent by year: 2017 AED 65,500; 2018 AED 64,000; 2019 AED 46,259; 2020 AED 42,750; 2021 AED 38,000; 2022 AED 38,529; 2023 AED 43,700; 2024 AED 48,200; 2025 AED 72,000; 2026 AED 73,000New contract, March 2017: AED 65,500 a yearRenewal, March 2018: AED 64,000 a yearNew contract, July 2019: AED 45,000 a yearNew contract, January 2021: AED 38,000 a yearRenewal, January 2022: AED 38,000 a yearRenewal, January 2023: AED 43,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Burj View Residence, and where 204 sits

All 30 1-beds →

204 last sold in September 2024 at AED 1,292 per sqft, 71% above what one-beds in Burj View Residence were fetching at the time (AED 754). 204's AED 43,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
6 Oct 20251,030,000
6 Aug 20251,100,000
8 Jul 20251,097,664
25 Jun 20251,099,000
0 1-bed 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 2nd floor

All 119 units in Burj View Residence
Value
2012-bedAED 1.68M · Mar 2025
2022-bedAED 1.68M · Nov 2024
2031-bedAED 1.15M · Feb 2025
2051-bedAED 1.05M · Oct 2024
2062-bedAED 1M · Dec 2023
2072-bedAED 1.67M · Mar 2025
2081-bedAED 1.14M · Jun 2025
1–7 of 19

204, Burj View Residence in numbers

  • Sold twice: first on 5 December 2023 for AED 663,525, last on 27 September 2024 for AED 1,134,000 (AED 1,292 per sqft).
  • Rented since March 2017 on 6 Ejari contracts. The rent fell from AED 65,500 to AED 38,000 in 2022 and recovered to AED 43,000 by January 2023.
  • At AED 43,000 a year the gross yield on the 2024 price is 3.8%, before a service charge of about AED 10,500 a year (AED 12.00 per sqft).

Source: Dubai Land Department. Updated 27 September 2024.

Questions about 204, Burj View Residence

What did unit 204 last sell for?

AED 1,134,000 on 27 September 2024: AED 1,292 per sqft for 877 sqft. The unit has 2 registered sales; the first was AED 663,525 in December 2023.

What is the rent for unit 204?

AED 43,000 a year on the contract renewed on 31 January 2023. The previous contract, from January 2022, was AED 38,000; the unit has been rented since March 2017.

How big is unit 204?

877 sqft (81.5 sqm): a one-bedroom apartment on the 2nd floor of a 6-storey tower completed in 2016.

What is unit 204 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 204, Burj View Residence

Starts from the last sale price (AED 1.13M, 27 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,134,000
Deposit, UAE resident (20%)
AED 226,800
Deposit, non-resident (40%)
AED 453,600
Monthly over 25 years at 3.7%
AED 4,640

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