406, Burj View Residence
Sold prices and rental history: sold 3 times, last in December 2024, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 406, Burj View Residence
What is 406 worth today?
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Source: Dubai Land Department. Updated 5 December 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,287 sqft
- Floor
- 4th of 6
- Parking
- B-18
- Developer
- Al Madar Investment
- Completed
- 2016
- Service charge
- AED 15,400 /yr
- Last sold
- AED 2.5M · December 2024
- Building
- Burj View Residence
About 406, Burj View Residence
406 is a two-bedroom apartment of 1,287 sqft on the 4th floor of Burj View Residence, a 6-storey tower in Arjan completed in 2016 by Al Madar Investment. It last sold on 5 December 2024 for AED 2,500,000, or AED 1,942 per sqft, 164% above the AED 735 two-beds in the building were fetching at the time.
It has been rented since 2019 on 3 Ejari contracts. The current contract, signed on 10 June 2022, is AED 58,000 a year: a gross yield of 2.3% on the 2024 price, before the service charge of about AED 15,400 a year.
Sales and rents for 406 over time
406 has sold 3 times; the dashed line is the two-bed median of each year in the building.
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 406 sits
All 36 2-beds →406 last sold in December 2024 at AED 1,942 per sqft, 164% 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. 406's AED 58,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 Oct 202620 October 2026 | 1,397 sqft | 1,400,000 | 1,002 | ||
| 12 Aug 202612 August 2026 | 1,395 sqft | 1,550,000 | 1,111 | ||
| 22 Jul 202622 July 2026 | 651 sqft | 500,000 | 768 | ||
| 12 Feb 202612 February 2026 | 1,341 sqft | 1,650,000 | 1,230 |
Burj View Residence
Building119 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%
Other units on the 4th floor
All 119 units in Burj View Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 1,290 sqft | AED 2.01MAED 2,012,000 · Dec 2024December 2024 | 115,000 /yr | |
| 402 | 2-bed | 1,280 sqft | AED 1.3MAED 1,300,000 · Jun 2024June 2024 | 66,150 /yr | |
| 403 | 1-bed | 898 sqft | AED 1.17MAED 1,168,000 · Jan 2025January 2025 | 85,000 /yr | |
| 404 | 1-bed | 817 sqft | AED 1.09MAED 1,089,360 · Nov 2024November 2024 | 66,000 /yr | |
| 405 | 1-bed | 876 sqft | AED 1.13MAED 1,130,000 · Jan 2025January 2025 | 43,700 /yr | |
| 407 | 2-bed | 1,287 sqft | AED 1.18MAED 1,180,000 · May 2024May 2024 | 87,807 /yr | |
| 408 | 1-bed | 876 sqft | AED 1.2MAED 1,200,000 · Apr 2025April 2025 | 66,000 /yr | |
| 409 | 1-bed | 817 sqft | AED 850KAED 850,000 · May 2024May 2024 | 65,000 /yr | |
| 410 | 2-bed | 1,227 sqft | AED 1MAED 1,000,000 · May 2024May 2024 | 108,000 /yr | |
| 411 | 2-bed | 1,295 sqft | AED 1.18MAED 1,180,000 · Mar 2024March 2024 | 68,000 /yr | |
| 412 | Studio | 527 sqft | AED 735KAED 735,300 · Jan 2025January 2025 | 50,000 /yr | |
| 413 | Studio | 543 sqft | AED 785KAED 785,000 · Jun 2025June 2025 | 27,600 /yr | |
| 414 | Studio | 465 sqft | AED 550KAED 550,000 · Mar 2026March 2026 | 45,000 /yr | |
| 415 | Studio | 464 sqft | AED 658KAED 658,000 · Feb 2025February 2025 | 31,740 /yr | |
| 416 | Studio | 464 sqft | AED 660KAED 660,000 · Apr 2025April 2025 | 31,689 /yr | |
| 417 | Studio | 465 sqft | AED 658KAED 658,000 · Jan 2025January 2025 | 55,000 /yr | |
| 418 | Studio | 544 sqft | AED 775KAED 775,000 · Mar 2025March 2025 | 45,000 /yr | |
| 419 | Studio | 495 sqft | AED 670KAED 670,000 · Oct 2024October 2024 | 58,000 /yr | |
| 420 | Studio | 521 sqft | AED 695KAED 695,000 · Apr 2025April 2025 | 57,000 /yr |
406, Burj View Residence in numbers
- Sold 3 times: first on 5 December 2023 for AED 963,768, last on 5 December 2024 for AED 2,500,000 (AED 1,942 per sqft).
- Rented since July 2019 on 3 Ejari contracts, from AED 60,000 to AED 58,000 a year.
- At AED 58,000 a year the gross yield on the 2024 price is 2.3%, before a service charge of about AED 15,400 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 2024.
Questions about 406, Burj View Residence
What did unit 406 last sell for?
AED 2,500,000 on 5 December 2024: AED 1,942 per sqft for 1,287 sqft. The unit has 3 registered sales; the first was AED 963,768 in December 2023.
What is the rent for unit 406?
AED 58,000 a year on the contract signed on 10 June 2022. The previous contract, from April 2021, was AED 55,000; the unit has been rented since July 2019.
How big is unit 406?
1,287 sqft (119.6 sqm): a two-bedroom apartment on the 4th floor of a 6-storey tower completed in 2016.
What is unit 406 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 406, Burj View Residence
Starts from the last sale price (AED 2.5M, 5 December 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,500,000
- Deposit, UAE resident (20%)
- AED 500,000
- Deposit, non-resident (40%)
- AED 1,000,000
- Monthly over 25 years at 3.7%
- AED 10,228
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →