2-bed · 1,287 sqftBurj View Residence, Arjan · 4th floor · completed 2016

407, 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 407 · DLD and Ejari recordsUpdated 10 May 2026
Last soldAED 1.18M2 May 2024
Current rentAED 88K /yr10 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, Burj View Residence

What is 407 worth today?

Last sold for AED 1,180,000 in 2024

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10 May 2026RentedNew contract
AED 87,807/yr13 months · AED 68 per sqft
24 Jan 2026RentedNew contract
AED 120,000/yr12 months · AED 93 per sqft
2 May 2024SoldReady
AED 1,180,000AED 916 per sqft
5 Dec 2023Sold by developerReady
AED 963,607AED 748 per sqft
6 Oct 2023RentedNew contract
AED 73,000/yr12 months · AED 57 per sqft
15 Sep 2022RentedRenewal
AED 60,500/yr12 months · AED 47 per sqft
15 Aug 2021RentedNew contract
AED 55,001/yr13 months · AED 43 per sqft
3 Jun 2018RentedNew contract
AED 79,000/yr12 months · AED 61 per sqft

Source: Dubai Land Department. Updated 10 May 2026.

Key facts

Type
2-bed apartment
Size
1,287 sqft
Floor
4th of 6
Parking
B-17
Developer
Al Madar Investment
Completed
2016
Service charge
AED 15,400 /yr
Last sold
AED 1.18M · May 2024

About 407, Burj View Residence

407 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 2 May 2024 for AED 1,180,000, or AED 916 per sqft, 22% above the AED 748 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, signed on 10 May 2026, is AED 87,807 a year: a gross yield of 7.4% on the 2024 price, before the service charge of about AED 15,400 a year.

Sales and rents for 407 over time

Sales
Unit 407, 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 963,607 (AED 748 per sqft)Sold, May 2024: AED 1,180,000 (AED 916 per sqft)

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

Rents
Unit 407, 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, March 2017: AED 87,500 a yearNew contract, June 2018: AED 79,000 a yearNew contract, August 2021: AED 55,001 a yearRenewal, September 2022: AED 60,500 a yearNew contract, October 2023: AED 73,000 a yearNew contract, January 2026: AED 120,000 a yearNew contract, May 2026: AED 87,807 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 407 sits

All 36 2-beds →

407 last sold in May 2024 at AED 916 per sqft, 22% above what two-beds in Burj View Residence were fetching at the time (AED 748). 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. 407's AED 87,807 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 4th floor

All 119 units in Burj View Residence
Value
4012-bedAED 2.01M · Dec 2024
4022-bedAED 1.3M · Jun 2024
4031-bedAED 1.17M · Jan 2025
4041-bedAED 1.09M · Nov 2024
4051-bedAED 1.13M · Jan 2025
4062-bedAED 2.5M · Dec 2024
4081-bedAED 1.2M · Apr 2025
1–7 of 19

407, Burj View Residence in numbers

  • Sold twice: first on 5 December 2023 for AED 963,607, last on 2 May 2024 for AED 1,180,000 (AED 916 per sqft).
  • Rented since March 2017 on 7 Ejari contracts. The rent fell from AED 87,500 to AED 55,001 in 2021 and recovered to AED 87,807 by May 2026.
  • At AED 87,807 a year the gross yield on the 2024 price is 7.4%, 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 10 May 2026.

Questions about 407, Burj View Residence

What did unit 407 last sell for?

AED 1,180,000 on 2 May 2024: AED 916 per sqft for 1,287 sqft. The unit has 2 registered sales; the first was AED 963,607 in December 2023.

What is the rent for unit 407?

AED 87,807 a year on the contract signed on 10 May 2026. The previous contract, from January 2026, was AED 120,000; the unit has been rented since March 2017.

How big is unit 407?

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 407 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 407, Burj View Residence

Starts from the last sale price (AED 1.18M, 2 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,180,000
Deposit, UAE resident (20%)
AED 236,000
Deposit, non-resident (40%)
AED 472,000
Monthly over 25 years at 3.7%
AED 4,828

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