2-bed · 1,303 sqftBurj View Residence, Arjan · 2nd floor · completed 2016

211, Burj View Residence

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

Unit 211 · DLD and Ejari recordsUpdated 22 May 2024
Last soldAED 1.25M22 May 2024
Current rentAED 66K /yr16 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 211, Burj View Residence

What is 211 worth today?

Last sold for AED 1,250,000 in 2024

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22 May 2024SoldReady
AED 1,250,000AED 959 per sqft
5 Dec 2023Sold by developerReady
AED 972,800AED 746 per sqft
16 Jun 2023RentedRenewal
AED 65,835/yr12 months · AED 51 per sqft
16 Dec 2022RentedRenewal
AED 62,700/yr6 months · AED 48 per sqft
16 Dec 2021RentedRenewal
AED 57,000/yr12 months · AED 44 per sqft
8 Dec 2020RentedNew contract
AED 58,737/yr12 months · AED 45 per sqft
1 Aug 2019RentedNew contract
AED 65,000/yr12 months · AED 50 per sqft
31 May 2018RentedNew contract
AED 77,000/yr12 months · AED 59 per sqft

Source: Dubai Land Department. Updated 22 May 2024.

Key facts

Type
2-bed apartment
Size
1,303 sqft
Floor
2nd of 6
Parking
B-54
Developer
Al Madar Investment
Completed
2016
Service charge
AED 15,600 /yr
Last sold
AED 1.25M · May 2024

About 211, Burj View Residence

211 is a two-bedroom apartment of 1,303 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 22 May 2024 for AED 1,250,000, or AED 959 per sqft, 30% above the AED 735 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, renewed on 16 June 2023, is AED 65,835 a year: a gross yield of 5.3% on the 2024 price, before the service charge of about AED 15,600 a year.

Sales and rents for 211 over time

Sales
Unit 211, 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 972,800 (AED 746 per sqft)Sold, May 2024: AED 1,250,000 (AED 959 per sqft)

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

Rents
Unit 211, 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, April 2017: AED 85,000 a yearNew contract, May 2018: AED 77,000 a yearNew contract, August 2019: AED 65,000 a yearNew contract, December 2020: AED 58,737 a yearRenewal, December 2021: AED 57,000 a yearRenewal, December 2022: AED 62,700 a yearRenewal, June 2023: AED 65,835 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 211 sits

All 36 2-beds →

211 last sold in May 2024 at AED 959 per sqft, 30% above what two-beds in Burj View Residence were fetching at the time (AED 735). 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. 211's AED 65,835 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
2062-bedAED 1M · Dec 2023
2072-bedAED 1.67M · Mar 2025
1–7 of 19

211, Burj View Residence in numbers

  • Sold twice: first on 5 December 2023 for AED 972,800, last on 22 May 2024 for AED 1,250,000 (AED 959 per sqft).
  • Rented since April 2017 on 7 Ejari contracts. The rent fell from AED 85,000 to AED 57,000 in 2021 and recovered to AED 65,835 by June 2023.
  • At AED 65,835 a year the gross yield on the 2024 price is 5.3%, before a service charge of about AED 15,600 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 22 May 2024.

Questions about 211, Burj View Residence

What did unit 211 last sell for?

AED 1,250,000 on 22 May 2024: AED 959 per sqft for 1,303 sqft. The unit has 2 registered sales; the first was AED 972,800 in December 2023.

What is the rent for unit 211?

AED 65,835 a year on the contract renewed on 16 June 2023. The previous contract, from December 2022, was AED 62,700; the unit has been rented since April 2017.

How big is unit 211?

1,303 sqft (121.1 sqm): a two-bedroom apartment on the 2nd floor of a 6-storey tower completed in 2016.

What is unit 211 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 211, Burj View Residence

Starts from the last sale price (AED 1.25M, 22 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,250,000
Deposit, UAE resident (20%)
AED 250,000
Deposit, non-resident (40%)
AED 500,000
Monthly over 25 years at 3.7%
AED 5,114

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