Studio · 467 sqftBurj View Residence, Arjan · 6th floor · completed 2016

616, Burj View Residence

Sold prices and rental history: sold twice, last in November 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 616 · DLD and Ejari recordsUpdated 15 April 2026
Last soldAED 662K8 November 2024
Current rentAED 55K /yr15 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 616, Burj View Residence

What is 616 worth today?

Last sold for AED 662,000 in 2024

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15 Apr 2026RentedRenewal
AED 55,000/yr12 months · AED 119 per sqft
15 Apr 2026RentedRenewal
AED 45,000/yr12 months · AED 97 per sqft
15 Apr 2025RentedNew contract
AED 55,000/yr12 months · AED 119 per sqft
8 Nov 2024SoldReady
AED 662,000AED 1,417 per sqft
10 Jul 2024RentedRenewal
AED 34,000/yr5 months · AED 73 per sqft
10 Jan 2024RentedRenewal
AED 34,000/yr6 months · AED 73 per sqft
5 Dec 2023Sold by developerReady
AED 395,272AED 846 per sqft
10 Jan 2023RentedRenewal
AED 28,750/yr12 months · AED 62 per sqft

Source: Dubai Land Department. Updated 15 April 2026.

Key facts

Type
Studio apartment
Size
467 sqft
Floor
6th of 6
Parking
G-07
Developer
Al Madar Investment
Completed
2016
Service charge
AED 5,600 /yr
Last sold
AED 662K · November 2024

About 616, Burj View Residence

616 is a studio of 467 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 8 November 2024 for AED 662,000, or AED 1,417 per sqft, 68% above the AED 843 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 10 Ejari contracts. The current contract, renewed on 15 April 2026, is AED 55,000 a year: a gross yield of 8.3% on the 2024 price, before the service charge of about AED 5,600 a year.

Sales and rents for 616 over time

Sales
Unit 616, each saleTypical studio in Burj View Residence
400K600K20232024202520262027Typical sale price by year: 2023 AED 395,272; 2024 AED 478,269; 2025 AED 688,820; 2026 AED 580,000Sold by developer, December 2023: AED 395,272 (AED 846 per sqft)Sold, November 2024: AED 662,000 (AED 1,417 per sqft)

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

Rents
Unit 616, 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, July 2017: AED 43,000 a yearNew contract, October 2019: AED 32,000 a yearRenewal, October 2020: AED 27,000 a yearRenewal, October 2021: AED 25,000 a yearRenewal, January 2023: AED 28,750 a yearRenewal, January 2024: AED 34,000 a yearRenewal, July 2024: AED 34,000 a yearNew contract, April 2025: AED 55,000 a yearRenewal, April 2026: AED 55,000 a yearRenewal, April 2026: AED 45,000 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 616 sits

All 53 studios →

616 last sold in November 2024 at AED 1,417 per sqft, 68% above what studios in Burj View Residence were fetching at the time (AED 843). 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. 616's AED 55,000 is in the upper 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 6th floor

All 119 units in Burj View Residence
Value
6012-bedAED 1.59M · Mar 2025
6022-bedAED 1.2M · May 2024
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
1–7 of 19

616, Burj View Residence in numbers

  • Sold twice: first on 5 December 2023 for AED 395,272, last on 8 November 2024 for AED 662,000 (AED 1,417 per sqft).
  • Rented since July 2017 on 10 Ejari contracts. The rent fell from AED 43,000 to AED 25,000 in 2021 and recovered to AED 55,000 by April 2026.
  • At AED 55,000 a year the gross yield on the 2024 price is 8.3%, 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 15 April 2026.

Questions about 616, Burj View Residence

What did unit 616 last sell for?

AED 662,000 on 8 November 2024: AED 1,417 per sqft for 467 sqft. The unit has 2 registered sales; the first was AED 395,272 in December 2023.

What is the rent for unit 616?

AED 55,000 a year on the contract renewed on 15 April 2026. The previous contract, from April 2026, was AED 45,000; the unit has been rented since July 2017.

How big is unit 616?

467 sqft (43.4 sqm): a studio on the 6th floor of a 6-storey tower completed in 2016.

What is unit 616 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 616, Burj View Residence

Starts from the last sale price (AED 662K, 8 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 662,000
Deposit, UAE resident (20%)
AED 132,400
Deposit, non-resident (40%)
AED 264,800
Monthly over 25 years at 3.7%
AED 2,708

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