Studio · 517 sqftBurj View Residence, Arjan · 3rd floor · completed 2016

312, Burj View Residence

Sold prices and rental history: sold twice, last in December 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 312 · DLD and Ejari recordsUpdated 10 December 2024
Last soldAED 712K10 December 2024
Current rentAED 31K /yr26 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 312, Burj View Residence

What is 312 worth today?

Last sold for AED 712,000 in 2024

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10 Dec 2024SoldReady
AED 712,000AED 1,377 per sqft
17 May 2024Sold by developerReady
AED 379,994AED 735 per sqft
26 Sep 2023RentedRenewal
AED 30,800/yr12 months · AED 60 per sqft
26 Sep 2022RentedRenewal
AED 28,000/yr12 months · AED 54 per sqft
26 Sep 2021RentedRenewal
AED 25,000/yr12 months · AED 48 per sqft
26 Sep 2020RentedRenewal
AED 29,000/yr12 months · AED 56 per sqft
26 Sep 2019RentedNew contract
AED 32,000/yr12 months · AED 62 per sqft
30 Dec 2018RentedNew contract
AED 39,000/yr12 months · AED 75 per sqft

Source: Dubai Land Department. Updated 10 December 2024.

Key facts

Type
Studio apartment
Size
517 sqft
Floor
3rd of 6
Parking
B-33
Developer
Al Madar Investment
Completed
2016
Service charge
AED 6,200 /yr
Last sold
AED 712K · December 2024

About 312, Burj View Residence

312 is a studio of 517 sqft on the 3rd floor of Burj View Residence, a 6-storey tower in Arjan completed in 2016 by Al Madar Investment. It last sold on 10 December 2024 for AED 712,000, or AED 1,377 per sqft, 42% above the AED 969 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, renewed on 26 September 2023, is AED 30,800 a year: a gross yield of 4.3% on the 2024 price, before the service charge of about AED 6,200 a year.

Sales and rents for 312 over time

Sales
Unit 312, 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 379,994 (AED 735 per sqft)Sold, December 2024: AED 712,000 (AED 1,377 per sqft)

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

Rents
Unit 312, 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, December 2018: AED 39,000 a yearNew contract, September 2019: AED 32,000 a yearRenewal, September 2020: AED 29,000 a yearRenewal, September 2021: AED 25,000 a yearRenewal, September 2022: AED 28,000 a yearRenewal, September 2023: AED 30,800 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 312 sits

All 53 studios →

312 last sold in December 2024 at AED 1,377 per sqft, 42% above what studios in Burj View Residence were fetching at the time (AED 969). 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. 312's AED 30,800 is at the bottom 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 3rd floor

All 119 units in Burj View Residence
Value
3012-bedAED 1.4M · Oct 2026
3022-bedAED 1.65M · Feb 2026
3031-bedAED 1.1M · Aug 2025
3041-bedAED 989K · Jun 2024
3051-bedAED 656K · May 2024
3062-bedAED 1M · May 2024
3072-bedAED 1M · May 2024
1–7 of 18

312, Burj View Residence in numbers

  • Sold twice: first on 17 May 2024 for AED 379,994, last on 10 December 2024 for AED 712,000 (AED 1,377 per sqft).
  • Rented since December 2018 on 6 Ejari contracts. The rent fell from AED 39,000 to AED 25,000 in 2021 and recovered to AED 30,800 by September 2023.
  • At AED 30,800 a year the gross yield on the 2024 price is 4.3%, before a service charge of about AED 6,200 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 10 December 2024.

Questions about 312, Burj View Residence

What did unit 312 last sell for?

AED 712,000 on 10 December 2024: AED 1,377 per sqft for 517 sqft. The unit has 2 registered sales; the first was AED 379,994 in May 2024.

What is the rent for unit 312?

AED 30,800 a year on the contract renewed on 26 September 2023. The previous contract, from September 2022, was AED 28,000; the unit has been rented since December 2018.

How big is unit 312?

517 sqft (48.0 sqm): a studio on the 3rd floor of a 6-storey tower completed in 2016.

What is unit 312 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 312, Burj View Residence

Starts from the last sale price (AED 712K, 10 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 712,000
Deposit, UAE resident (20%)
AED 142,400
Deposit, non-resident (40%)
AED 284,800
Monthly over 25 years at 3.7%
AED 2,913

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