2-bed · 1,366 sqftBurj View Residence, Arjan · 2nd floor · completed 2016

206, Burj View Residence

Sold prices and rental history: sold once, by the developer in December 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 206 · DLD and Ejari recordsUpdated 5 December 2023
Last soldAED 1M5 December 2023
Current rentAED 68K /yr30 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 206, Burj View Residence

What is 206 worth today?

Last sold for AED 1,000,101 in 2023

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5 Dec 2023Sold by developerReady
AED 1,000,101AED 732 per sqft
30 Jan 2023RentedRenewal
AED 68,001/yr9 months · AED 50 per sqft
30 Jan 2022RentedNew contract
AED 68,000/yr12 months · AED 50 per sqft
30 Jan 2022RentedRenewal
AED 51,000/yr12 months · AED 37 per sqft
30 Jan 2021RentedRenewal
AED 68,000/yr12 months · AED 50 per sqft
30 Jan 2018RentedRenewal
AED 70,801/yr36 months · AED 52 per sqft
30 Jan 2017RentedNew contract
AED 87,500/yr12 months · AED 64 per sqft

Source: Dubai Land Department. Updated 5 December 2023.

Key facts

Type
2-bed apartment
Size
1,366 sqft
Floor
2nd of 6
Parking
B-58
Developer
Al Madar Investment
Completed
2016
Service charge
AED 16,400 /yr
Last sold
AED 1M · December 2023

About 206, Burj View Residence

206 is a two-bedroom apartment of 1,366 sqft on the 2nd floor of Burj View Residence, a 6-storey tower in Arjan completed in 2016 by Al Madar Investment. The developer sold it on 5 December 2023 for AED 1,000,101, or AED 732 per sqft, in line with the AED 746 two-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 30 January 2023, is AED 68,001 a year: a gross yield of 6.8% on the 2023 price, before the service charge of about AED 16,400 a year.

Sales and rents for 206 over time

Sales
Unit 206, each saleTypical two-bed in Burj View Residence
1M1.5M20232024202520262027Typical sale price by year: 2023 AED 966,312; 2024 AED 1,014,994; 2025 AED 1,586,750; 2026 AED 1,475,000Sold by developer, December 2023: AED 1,000,101 (AED 732 per sqft)

206 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 206, each contractTypical two-bed in Burj View Residence
50K100K2017202020232026Typical rent by year: 2017 AED 85,000; 2018 AED 77,000; 2019 AED 65,500; 2020 AED 58,737; 2021 AED 54,000; 2022 AED 59,400; 2023 AED 62,370; 2024 AED 70,693; 2025 AED 115,000; 2026 AED 110,000New contract, January 2017: AED 87,500 a yearRenewal, January 2018: AED 70,801 a yearRenewal, January 2021: AED 68,000 a yearNew contract, January 2022: AED 68,000 a yearRenewal, January 2022: AED 51,000 a yearRenewal, January 2023: AED 68,001 a year

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

2-beds in Burj View Residence, and where 206 sits

All 36 2-beds →

206 last sold in December 2023 at AED 732 per sqft, in line with what two-beds in Burj View Residence were fetching at the time (AED 746). Over the last 12 months two-beds sold for AED 500,000 to 1,650,000, around AED 1,105 per sqft, and rent for AED 87,807 to 140,000 a year. 206's AED 68,001 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
20 Oct 20261,400,000
12 Aug 20261,550,000
22 Jul 2026500,000
12 Feb 20261,650,000
6 2-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
2041-bedAED 1.13M · Sep 2024
2051-bedAED 1.05M · Oct 2024
2072-bedAED 1.67M · Mar 2025
2081-bedAED 1.14M · Jun 2025
1–7 of 19

206, Burj View Residence in numbers

  • Sold once: by Al Madar Investment on 5 December 2023 for AED 1,000,101, or AED 732 per sqft.
  • Rented since January 2017 on 6 Ejari contracts. The rent fell from AED 87,500 to AED 51,000 in 2022 and recovered to AED 68,001 by January 2023.
  • At AED 68,001 a year the gross yield on the 2023 price is 6.8%, before a service charge of about AED 16,400 a year (AED 12.00 per sqft).
  • Two-beds in Burj View Residence sold for AED 500,000–1,650,000 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 5 December 2023.

Questions about 206, Burj View Residence

What did unit 206 last sell for?

AED 1,000,101 on 5 December 2023, sold by the developer: AED 732 per sqft for 1,366 sqft. It is the only registered sale of the unit.

What is the rent for unit 206?

AED 68,001 a year on the contract renewed on 30 January 2023. The previous contract, from January 2022, was AED 68,000; the unit has been rented since January 2017.

How big is unit 206?

1,366 sqft (126.9 sqm): a two-bedroom apartment on the 2nd floor of a 6-storey tower completed in 2016.

What is unit 206 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Burj View Residence sold for AED 500,000 to 1,650,000 in the last 12 months, around AED 1,105 per sqft.

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Mortgage on 206, Burj View Residence

Starts from the last sale price (AED 1M, 5 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,101
Deposit, UAE resident (20%)
AED 200,020
Deposit, non-resident (40%)
AED 400,040
Monthly over 25 years at 3.7%
AED 4,092

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