2-bed · 1,286 sqftBurj View Residence, Arjan · 6th floor · completed 2016

602, Burj View Residence

Sold prices and rental history: sold twice, last 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 602 · DLD and Ejari recordsUpdated 22 May 2024
Last soldAED 1.2M22 May 2024
Current rentAED 60K /yr10 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 602, Burj View Residence

What is 602 worth today?

Last sold for AED 1,200,000 in 2024

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22 May 2024SoldReady
AED 1,200,000AED 933 per sqft
5 Dec 2023Sold by developerReady
AED 949,895AED 738 per sqft
10 Jun 2022RentedNew contract
AED 60,000/yr12 months · AED 47 per sqft
15 Aug 2021RentedNew contract
AED 50,000/yr12 months · AED 39 per sqft
1 Aug 2019RentedNew contract
AED 65,000/yr12 months · AED 51 per sqft
20 Apr 2017RentedNew contract
AED 85,000/yr12 months · AED 66 per sqft

Source: Dubai Land Department. Updated 22 May 2024.

Key facts

Type
2-bed apartment
Size
1,286 sqft
Floor
6th of 6
Parking
G-19
Developer
Al Madar Investment
Completed
2016
Service charge
AED 15,400 /yr
Last sold
AED 1.2M · May 2024

About 602, Burj View Residence

602 is a two-bedroom apartment of 1,286 sqft on the 6th floor of Burj View Residence, a 6-storey tower in Arjan completed in 2016 by Al Madar Investment. It last sold on 22 May 2024 for AED 1,200,000, or AED 933 per sqft, 27% above the AED 735 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, signed on 10 June 2022, is AED 60,000 a year: a gross yield of 5.0% on the 2024 price, before the service charge of about AED 15,400 a year.

Sales and rents for 602 over time

Sales
Unit 602, 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, December 2023: AED 949,895 (AED 738 per sqft)Sold, May 2024: AED 1,200,000 (AED 933 per sqft)

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

Rents
Unit 602, 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 yearNew contract, August 2019: AED 65,000 a yearNew contract, August 2021: AED 50,000 a yearNew contract, June 2022: AED 60,000 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 602 sits

All 36 2-beds →

602 last sold in May 2024 at AED 933 per sqft, 27% above what two-beds in Burj View Residence were fetching at the time (AED 735). 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. 602's AED 60,000 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 6th floor

All 119 units in Burj View Residence
Value
6012-bedAED 1.59M · Mar 2025
6031-bedAED 857K · Mar 2024
6041-bedAED 1.08M · Apr 2025
6051-bedAED 1.17M · Dec 2024
6062-bedAED 1.57M · Dec 2024
6072-bedAED 1.35M · May 2024
6081-bedAED 1.18M · Mar 2025
1–7 of 19

602, Burj View Residence in numbers

  • Sold twice: first on 5 December 2023 for AED 949,895, last on 22 May 2024 for AED 1,200,000 (AED 933 per sqft).
  • Rented since April 2017 on 4 Ejari contracts. The rent fell from AED 85,000 to AED 50,000 in 2021 and recovered to AED 60,000 by June 2022.
  • At AED 60,000 a year the gross yield on the 2024 price is 5.0%, before a service charge of about AED 15,400 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 22 May 2024.

Questions about 602, Burj View Residence

What did unit 602 last sell for?

AED 1,200,000 on 22 May 2024: AED 933 per sqft for 1,286 sqft. The unit has 2 registered sales; the first was AED 949,895 in December 2023.

What is the rent for unit 602?

AED 60,000 a year on the contract signed on 10 June 2022. The previous contract, from August 2021, was AED 50,000; the unit has been rented since April 2017.

How big is unit 602?

1,286 sqft (119.5 sqm): a two-bedroom apartment on the 6th floor of a 6-storey tower completed in 2016.

What is unit 602 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 602, Burj View Residence

Starts from the last sale price (AED 1.2M, 22 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,200,000
Deposit, UAE resident (20%)
AED 240,000
Deposit, non-resident (40%)
AED 480,000
Monthly over 25 years at 3.7%
AED 4,910

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