Studio · 544 sqftBurj View Residence, Arjan · 5th floor · completed 2016

518, Burj View Residence

Sold prices and rental history: sold twice, last in September 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 518 · DLD and Ejari recordsUpdated 3 October 2026
Last soldAED 760K4 September 2024
Current rentAED 46K /yr3 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 518, Burj View Residence

What is 518 worth today?

Last sold for AED 760,000 in 2024

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3 Oct 2026RentedNew contract
AED 46,000/yr12 months · AED 84 per sqft
28 Sep 2025RentedNew contract
AED 53,000/yr12 months · AED 97 per sqft
10 Dec 2024RentedNew contract
AED 58,000/yr12 months · AED 106 per sqft
4 Sep 2024SoldReady
AED 760,000AED 1,397 per sqft
17 May 2024Sold by developerReady
AED 399,777AED 735 per sqft
21 Feb 2023RentedNew contract
AED 29,000/yr12 months · AED 53 per sqft
13 Feb 2022RentedRenewal
AED 26,000/yr12 months · AED 48 per sqft
13 Feb 2021RentedRenewal
AED 26,000/yr12 months · AED 48 per sqft

Source: Dubai Land Department. Updated 3 October 2026.

Key facts

Type
Studio apartment
Size
544 sqft
Floor
5th of 6
Parking
G-23
Developer
Al Madar Investment
Completed
2016
Service charge
AED 6,500 /yr
Last sold
AED 760K · September 2024

About 518, Burj View Residence

518 is a studio of 544 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 4 September 2024 for AED 760,000, or AED 1,397 per sqft, 69% above the AED 827 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, signed on 3 October 2026, is AED 46,000 a year: a gross yield of 6.0% on the 2024 price, before the service charge of about AED 6,500 a year.

Sales and rents for 518 over time

Sales
Unit 518, each saleTypical studio in Burj View Residence
400K600K800K20232024202520262027Typical sale price by year: 2023 AED 395,272; 2024 AED 478,269; 2025 AED 688,820; 2026 AED 580,000Sold by developer, May 2024: AED 399,777 (AED 735 per sqft)Sold, September 2024: AED 760,000 (AED 1,397 per sqft)

518 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 518, each contractTypical studio in Burj View Residence
20K40K60K2017202020232026Typical rent by year: 2017 AED 45,500; 2018 AED 43,000; 2019 AED 34,000; 2020 AED 28,510; 2021 AED 24,000; 2022 AED 27,001; 2023 AED 30,400; 2024 AED 34,000; 2025 AED 52,000; 2026 AED 52,000New contract, January 2018: AED 44,000 a yearNew contract, February 2020: AED 32,000 a yearRenewal, February 2021: AED 26,000 a yearRenewal, February 2022: AED 26,000 a yearNew contract, February 2023: AED 29,000 a yearNew contract, December 2024: AED 58,000 a yearNew contract, September 2025: AED 53,000 a yearNew contract, October 2026: AED 46,000 a year

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 518 sits

All 53 studios →

518 last sold in September 2024 at AED 1,397 per sqft, 69% above what studios in Burj View Residence were fetching at the time (AED 827). 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. 518's AED 46,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
23 Sep 2026600,000
19 Sep 2026492,500
10 Jul 2026600,000
7 Jul 2026640,000
9 studio 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

518, Burj View Residence in numbers

  • Sold twice: first on 17 May 2024 for AED 399,777, last on 4 September 2024 for AED 760,000 (AED 1,397 per sqft).
  • Rented since January 2018 on 8 Ejari contracts. The rent fell from AED 44,000 to AED 26,000 in 2022 and recovered to AED 46,000 by October 2026.
  • At AED 46,000 a year the gross yield on the 2024 price is 6.0%, before a service charge of about AED 6,500 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 3 October 2026.

Questions about 518, Burj View Residence

What did unit 518 last sell for?

AED 760,000 on 4 September 2024: AED 1,397 per sqft for 544 sqft. The unit has 2 registered sales; the first was AED 399,777 in May 2024.

What is the rent for unit 518?

AED 46,000 a year on the contract signed on 3 October 2026. The previous contract, from September 2025, was AED 53,000; the unit has been rented since January 2018.

How big is unit 518?

544 sqft (50.5 sqm): a studio on the 5th floor of a 6-storey tower completed in 2016.

What is unit 518 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 518, Burj View Residence

Starts from the last sale price (AED 760K, 4 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 760,000
Deposit, UAE resident (20%)
AED 152,000
Deposit, non-resident (40%)
AED 304,000
Monthly over 25 years at 3.7%
AED 3,109

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