2-bed · 1,295 sqftBurj View Residence, Arjan · 5th floor · completed 2016

511, Burj View Residence

Sold prices and rental history: sold twice, last in March 2025, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 511 · DLD and Ejari recordsUpdated 5 March 2025
Last soldAED 1.59M5 March 2025
Current rentAED 61K /yr11 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 511, Burj View Residence

What is 511 worth today?

Last sold for AED 1,585,700 in 2025

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5 Mar 2025SoldReady
AED 1,585,700AED 1,224 per sqft
17 May 2024Sold by developerReady
AED 952,281AED 735 per sqft
11 Oct 2023RentedRenewal
AED 60,720/yr12 months · AED 47 per sqft
11 Oct 2022RentedRenewal
AED 55,200/yr12 months · AED 43 per sqft
11 Aug 2021RentedNew contract
AED 48,000/yr14 months · AED 37 per sqft
10 Apr 2020RentedRenewal
AED 65,000/yr12 months · AED 50 per sqft
10 Apr 2017RentedNew contract
AED 85,000/yr12 months · AED 66 per sqft

Source: Dubai Land Department. Updated 5 March 2025.

Key facts

Type
2-bed apartment
Size
1,295 sqft
Floor
5th of 6
Parking
G-31
Developer
Al Madar Investment
Completed
2016
Service charge
AED 15,500 /yr
Last sold
AED 1.59M · March 2025

About 511, Burj View Residence

511 is a two-bedroom apartment of 1,295 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 5 March 2025 for AED 1,585,700, or AED 1,224 per sqft, 50% above the AED 815 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, renewed on 11 October 2023, is AED 60,720 a year: a gross yield of 3.8% on the 2025 price, before the service charge of about AED 15,500 a year.

Sales and rents for 511 over time

Sales
Unit 511, 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, May 2024: AED 952,281 (AED 735 per sqft)Sold, March 2025: AED 1,585,700 (AED 1,224 per sqft)

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

Rents
Unit 511, 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, April 2017: AED 85,000 a yearRenewal, April 2020: AED 65,000 a yearNew contract, August 2021: AED 48,000 a yearRenewal, October 2022: AED 55,200 a yearRenewal, October 2023: AED 60,720 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 511 sits

All 36 2-beds →

511 last sold in March 2025 at AED 1,224 per sqft, 50% above what two-beds in Burj View Residence were fetching at the time (AED 815). 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. 511's AED 60,720 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 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
5041-bedAED 776K · May 2024
5051-bedAED 1.15M · Jan 2025
5062-bedAED 1.57M · Sep 2024
5072-bedAED 1.5M · Jun 2025
1–7 of 19

511, Burj View Residence in numbers

  • Sold twice: first on 17 May 2024 for AED 952,281, last on 5 March 2025 for AED 1,585,700 (AED 1,224 per sqft).
  • Rented since April 2017 on 5 Ejari contracts. The rent fell from AED 85,000 to AED 48,000 in 2021 and recovered to AED 60,720 by October 2023.
  • At AED 60,720 a year the gross yield on the 2025 price is 3.8%, before a service charge of about AED 15,500 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 March 2025.

Questions about 511, Burj View Residence

What did unit 511 last sell for?

AED 1,585,700 on 5 March 2025: AED 1,224 per sqft for 1,295 sqft. The unit has 2 registered sales; the first was AED 952,281 in May 2024.

What is the rent for unit 511?

AED 60,720 a year on the contract renewed on 11 October 2023. The previous contract, from October 2022, was AED 55,200; the unit has been rented since April 2017.

How big is unit 511?

1,295 sqft (120.3 sqm): a two-bedroom apartment on the 5th floor of a 6-storey tower completed in 2016.

What is unit 511 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 511, Burj View Residence

Starts from the last sale price (AED 1.59M, 5 March 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,585,700
Deposit, UAE resident (20%)
AED 317,140
Deposit, non-resident (40%)
AED 634,280
Monthly over 25 years at 3.7%
AED 6,488

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