1-bed · 817 sqftBurj View Residence, Arjan · 5th floor · completed 2016

504, Burj View Residence

Sold prices and rental history: sold once, by the developer 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 504 · DLD and Ejari recordsUpdated 17 May 2024
Last soldAED 776K17 May 2024
Current rentAED 48K /yr2 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 504, Burj View Residence

What is 504 worth today?

Last sold for AED 775,748 in 2024

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17 May 2024Sold by developerReady
AED 775,748AED 949 per sqft
2 Sep 2023RentedRenewal
AED 48,070/yr12 months · AED 59 per sqft
2 Sep 2022RentedRenewal
AED 43,700/yr12 months · AED 53 per sqft
2 Sep 2021RentedRenewal
AED 38,000/yr12 months · AED 47 per sqft
2 Sep 2020RentedRenewal
AED 50,000/yr12 months · AED 61 per sqft
2 Sep 2019RentedRenewal
AED 55,000/yr12 months · AED 67 per sqft
2 Sep 2018RentedNew contract
AED 55,000/yr12 months · AED 67 per sqft
27 Apr 2017RentedNew contract
AED 65,500/yr12 months · AED 80 per sqft

Source: Dubai Land Department. Updated 17 May 2024.

Key facts

Type
1-bed apartment
Size
817 sqft
Floor
5th of 6
Parking
B-01
Developer
Al Madar Investment
Completed
2016
Service charge
AED 9,800 /yr
Last sold
AED 776K · May 2024

About 504, Burj View Residence

504 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. The developer sold it on 17 May 2024 for AED 775,748, or AED 949 per sqft, 26% above the AED 752 one-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 2 September 2023, is AED 48,070 a year: a gross yield of 6.2% on the 2024 price, before the service charge of about AED 9,800 a year.

Sales and rents for 504 over time

Sales
Unit 504, each saleTypical one-bed in Burj View Residence
750K1M2023202420252026Typical sale price by year: 2023 AED 663,525; 2024 AED 664,041; 2025 AED 1,135,000Sold by developer, May 2024: AED 775,748 (AED 949 per sqft)

504 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 504, each contractTypical one-bed in Burj View Residence
40K60K2017202020232026Typical rent by year: 2017 AED 65,500; 2018 AED 64,000; 2019 AED 46,259; 2020 AED 42,750; 2021 AED 38,000; 2022 AED 38,529; 2023 AED 43,700; 2024 AED 48,200; 2025 AED 72,000; 2026 AED 73,000New contract, April 2017: AED 65,500 a yearNew contract, September 2018: AED 55,000 a yearRenewal, September 2019: AED 55,000 a yearRenewal, September 2020: AED 50,000 a yearRenewal, September 2021: AED 38,000 a yearRenewal, September 2022: AED 43,700 a yearRenewal, September 2023: AED 48,070 a year

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 504 sits

All 30 1-beds →

504 last sold in May 2024 at AED 949 per sqft, 26% above what one-beds in Burj View Residence were fetching at the time (AED 752). 504's AED 48,070 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
6 Oct 20251,030,000
6 Aug 20251,100,000
8 Jul 20251,097,664
25 Jun 20251,099,000
0 1-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 5th floor

All 119 units in Burj View Residence
Value
5012-bedAED 1.59M · Apr 2025
5022-bedAED 1.63M · Nov 2025
5031-bedAED 1.07M · Oct 2024
5051-bedAED 1.15M · Jan 2025
5062-bedAED 1.57M · Sep 2024
5072-bedAED 1.5M · Jun 2025
5081-bedAED 644K · May 2024
1–7 of 19

504, Burj View Residence in numbers

  • Sold once: by Al Madar Investment on 17 May 2024 for AED 775,748, or AED 949 per sqft.
  • Rented since April 2017 on 7 Ejari contracts. The rent fell from AED 65,500 to AED 38,000 in 2021 and recovered to AED 48,070 by September 2023.
  • At AED 48,070 a year the gross yield on the 2024 price is 6.2%, before a service charge of about AED 9,800 a year (AED 12.00 per sqft).

Source: Dubai Land Department. Updated 17 May 2024.

Questions about 504, Burj View Residence

What did unit 504 last sell for?

AED 775,748 on 17 May 2024, sold by the developer: AED 949 per sqft for 817 sqft. It is the only registered sale of the unit.

What is the rent for unit 504?

AED 48,070 a year on the contract renewed on 2 September 2023. The previous contract, from September 2022, was AED 43,700; the unit has been rented since April 2017.

How big is unit 504?

817 sqft (75.9 sqm): a one-bedroom apartment on the 5th floor of a 6-storey tower completed in 2016.

What is unit 504 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 504, Burj View Residence

Starts from the last sale price (AED 776K, 17 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 775,748
Deposit, UAE resident (20%)
AED 155,150
Deposit, non-resident (40%)
AED 310,299
Monthly over 25 years at 3.7%
AED 3,174

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