503, Burj View Residence
Sold prices and rental history: sold twice, last in October 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 503, Burj View Residence
What is 503 worth today?
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Source: Dubai Land Department. Updated 11 October 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 817 sqft
- Floor
- 5th of 6
- Parking
- B-02
- Developer
- Al Madar Investment
- Completed
- 2016
- Service charge
- AED 9,800 /yr
- Last sold
- AED 1.07M · October 2024
- Building
- Burj View Residence
About 503, Burj View Residence
503 is a one-bedroom apartment of 817 sqft on the 5th floor of Burj View Residence, a 6-storey tower in Arjan completed in 2016 by Al Madar Investment. It last sold on 11 October 2024 for AED 1,065,000, or AED 1,303 per sqft, 73% above the AED 754 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, renewed on 25 April 2024, is AED 46,459 a year: a gross yield of 4.4% on the 2024 price, before the service charge of about AED 9,800 a year.
Sales and rents for 503 over time
503 has sold twice; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Burj View Residence, and where 503 sits
All 30 1-beds →503 last sold in October 2024 at AED 1,303 per sqft, 73% above what one-beds in Burj View Residence were fetching at the time (AED 754). 503's AED 46,459 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 6 Oct 20256 October 2025 | 874 sqft | 1,030,000 | 1,178 | ||
| 6 Aug 20256 August 2025 | 876 sqft | 1,100,000 | 1,255 | ||
| 8 Jul 20258 July 2025 | 874 sqft | 1,097,664 | 1,255 | ||
| 25 Jun 202525 June 2025 | 877 sqft | 1,099,000 | 1,252 |
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 5th floor
All 119 units in Burj View Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,290 sqft | AED 1.59MAED 1,585,700 · Apr 2025April 2025 | 115,000 /yr | |
| 502 | 2-bed | 1,281 sqft | AED 1.63MAED 1,625,000 · Nov 2025November 2025 | 70,693 /yr | |
| 504 | 1-bed | 817 sqft | AED 776KAED 775,748 · May 2024May 2024 | 48,070 /yr | |
| 505 | 1-bed | 876 sqft | AED 1.15MAED 1,154,500 · Jan 2025January 2025 | 75,000 /yr | |
| 506 | 2-bed | 1,287 sqft | AED 1.57MAED 1,572,000 · Sep 2024September 2024 | 79,000 /yr | |
| 507 | 2-bed | 1,287 sqft | AED 1.5MAED 1,500,000 · Jun 2025June 2025 | 66,550 /yr | |
| 508 | 1-bed | 876 sqft | AED 644KAED 643,822 · May 2024May 2024 | 70,000 /yr | |
| 509 | 1-bed | 817 sqft | AED 1.08MAED 1,082,720 · Nov 2024November 2024 | 82,000 /yr | |
| 510 | 2-bed | 1,145 sqft | AED 842KAED 841,732 · May 2024May 2024 | 120,000 /yr | |
| 511 | 2-bed | 1,295 sqft | AED 1.59MAED 1,585,700 · Mar 2025March 2025 | 60,720 /yr | |
| 512 | Studio | 467 sqft | AED 642KAED 642,000 · Jun 2025June 2025 | 52,500 /yr | |
| 513 | Studio | 543 sqft | AED 758KAED 757,500 · Apr 2025April 2025 | 45,000 /yr | |
| 514 | Studio | 465 sqft | AED 642KAED 642,000 · Jun 2025June 2025 | 66,000 /yr | |
| 515 | Studio | 464 sqft | AED 560KAED 560,000 · Jun 2026June 2026 | 62,831 /yr | |
| 516 | Studio | 464 sqft | AED 683KAED 682,760 · Feb 2025February 2025 | 46,000 /yr | |
| 517 | Studio | 465 sqft | AED 695KAED 695,000 · Nov 2025November 2025 | 53,000 /yr | |
| 518 | Studio | 544 sqft | AED 760KAED 760,000 · Sep 2024September 2024 | 46,000 /yr | |
| 519 | Studio | 434 sqft | AED 645KAED 645,000 · Nov 2024November 2024 | 49,000 /yr | |
| 520 | Studio | 463 sqft | AED 700KAED 699,980 · Mar 2025March 2025 | 29,000 /yr |
503, Burj View Residence in numbers
- Sold twice: first on 17 May 2024 for AED 600,536, last on 11 October 2024 for AED 1,065,000 (AED 1,303 per sqft).
- Rented since April 2017 on 8 Ejari contracts. The rent fell from AED 65,500 to AED 35,000 in 2022 and recovered to AED 46,459 by April 2024.
- At AED 46,459 a year the gross yield on the 2024 price is 4.4%, before a service charge of about AED 9,800 a year (AED 12.00 per sqft).
Source: Dubai Land Department. Updated 11 October 2024.
Questions about 503, Burj View Residence
What did unit 503 last sell for?
AED 1,065,000 on 11 October 2024: AED 1,303 per sqft for 817 sqft. The unit has 2 registered sales; the first was AED 600,536 in May 2024.
What is the rent for unit 503?
AED 46,459 a year on the contract renewed on 25 April 2024. The previous contract, from April 2023, was AED 40,250; the unit has been rented since April 2017.
How big is unit 503?
817 sqft (75.9 sqm): a one-bedroom apartment on the 5th floor of a 6-storey tower completed in 2016.
What is unit 503 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 503, Burj View Residence
Starts from the last sale price (AED 1.07M, 11 October 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,065,000
- Deposit, UAE resident (20%)
- AED 213,000
- Deposit, non-resident (40%)
- AED 426,000
- Monthly over 25 years at 3.7%
- AED 4,357
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →