515, Burj View Residence
Sold prices and rental history: sold 3 times, last in June 2026, 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 515, Burj View Residence
What is 515 worth today?
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Source: Dubai Land Department. Updated 12 June 2026.
Key facts
- Type
- Studio apartment
- Size
- 464 sqft
- Floor
- 5th of 6
- Parking
- B-86
- Developer
- Al Madar Investment
- Completed
- 2016
- Service charge
- AED 5,600 /yr
- Last sold
- AED 560K · June 2026
- Building
- Burj View Residence
About 515, Burj View Residence
515 is a studio of 464 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 12 June 2026 for AED 560,000, or AED 1,207 per sqft, 11% below the AED 1,363 studios in the building were fetching at the time.
It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, signed on 1 August 2025, is AED 62,831 a year: a gross yield of 11.2% on the 2026 price, before the service charge of about AED 5,600 a year.
Sales and rents for 515 over time
515 has sold 3 times; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Burj View Residence, and where 515 sits
All 53 studios →515 last sold in June 2026 at AED 1,207 per sqft, 11% below what studios in Burj View Residence were fetching at the time (AED 1,363). Over the last 12 months studios sold for AED 492,500 to 695,000, around AED 1,207 per sqft, and rent for AED 40,000 to 68,000 a year. 515's AED 62,831 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Sep 202623 September 2026 | 517 sqft | 600,000 | 1,160 | ||
| 19 Sep 202619 September 2026 | 464 sqft | 492,500 | 1,061 | ||
| 10 Jul 202610 July 2026 | 467 sqft | 600,000 | 1,283 | ||
| 7 Jul 20267 July 2026 | 465 sqft | 640,000 | 1,376 |
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 | |
| 503 | 1-bed | 817 sqft | AED 1.07MAED 1,065,000 · Oct 2024October 2024 | 46,459 /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 | |
| 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 |
515, Burj View Residence in numbers
- Sold 3 times: first on 17 May 2024 for AED 440,568, last on 12 June 2026 for AED 560,000 (AED 1,207 per sqft).
- Rented since June 2017 on 8 Ejari contracts. The rent fell from AED 43,000 to AED 24,000 in 2021 and recovered to AED 62,831 by August 2025.
- At AED 62,831 a year the gross yield on the 2026 price is 11.2%, before a service charge of about AED 5,600 a year (AED 12.00 per sqft).
- Studios in Burj View Residence sold for AED 492,500–695,000 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 12 June 2026.
Questions about 515, Burj View Residence
What did unit 515 last sell for?
AED 560,000 on 12 June 2026: AED 1,207 per sqft for 464 sqft. The unit has 3 registered sales; the first was AED 440,568 in May 2024.
What is the rent for unit 515?
AED 62,831 a year on the contract signed on 1 August 2025. The previous contract, from September 2023, was AED 31,050; the unit has been rented since June 2017.
How big is unit 515?
464 sqft (43.1 sqm): a studio on the 5th floor of a 6-storey tower completed in 2016.
What is unit 515 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Burj View Residence sold for AED 492,500 to 695,000 in the last 12 months, around AED 1,207 per sqft.
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Mortgage on 515, Burj View Residence
Starts from the last sale price (AED 560K, 12 June 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 560,000
- Deposit, UAE resident (20%)
- AED 112,000
- Deposit, non-resident (40%)
- AED 224,000
- Monthly over 25 years at 3.7%
- AED 2,291
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →