Studio · 465 sqftBurj View Residence, Arjan · 6th floor · completed 2016

617, Burj View Residence

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

Unit 617 · DLD and Ejari recordsUpdated 16 September 2026
Last soldAED 662K18 September 2024
Current rentAED 50K /yr16 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 617, Burj View Residence

What is 617 worth today?

Last sold for AED 662,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

16 Sep 2026RentedNew contract
AED 50,000/yr12 months · AED 108 per sqft
25 Jul 2025RentedNew contract
AED 52,000/yr12 months · AED 112 per sqft
18 Sep 2024SoldReady
AED 662,000AED 1,423 per sqft
25 Dec 2023RentedRenewal
AED 29,000/yr12 months · AED 62 per sqft
5 Dec 2023Sold by developerReady
AED 392,237AED 843 per sqft
25 Dec 2022RentedRenewal
AED 29,000/yr12 months · AED 62 per sqft
25 Dec 2021RentedNew contract
AED 26,000/yr12 months · AED 56 per sqft
28 Aug 2021RentedRenewal
AED 24,000/yr12 months · AED 52 per sqft

Source: Dubai Land Department. Updated 16 September 2026.

Key facts

Type
Studio apartment
Size
465 sqft
Floor
6th of 6
Parking
G-04
Developer
Al Madar Investment
Completed
2016
Service charge
AED 5,600 /yr
Last sold
AED 662K · September 2024

About 617, Burj View Residence

617 is a studio of 465 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 18 September 2024 for AED 662,000, or AED 1,423 per sqft, 70% above the AED 835 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 10 Ejari contracts. The current contract, signed on 16 September 2026, is AED 50,000 a year: a gross yield of 7.5% on the 2024 price, before the service charge of about AED 5,600 a year.

Sales and rents for 617 over time

Sales
Unit 617, 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 392,237 (AED 843 per sqft)Sold, September 2024: AED 662,000 (AED 1,423 per sqft)

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

Rents
Unit 617, each contractTypical studio in Burj View Residence
20K40K2017202020232026Typical 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, June 2017: AED 45,500 a yearRenewal, June 2018: AED 43,000 a yearNew contract, August 2019: AED 32,000 a yearRenewal, August 2020: AED 30,000 a yearRenewal, August 2021: AED 24,000 a yearNew contract, December 2021: AED 26,000 a yearRenewal, December 2022: AED 29,000 a yearRenewal, December 2023: AED 29,000 a yearNew contract, July 2025: AED 52,000 a yearNew contract, September 2026: AED 50,000 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 617 sits

All 53 studios →

617 last sold in September 2024 at AED 1,423 per sqft, 70% above what studios in Burj View Residence were fetching at the time (AED 835). 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. 617's AED 50,000 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 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

617, Burj View Residence in numbers

  • Sold twice: first on 5 December 2023 for AED 392,237, last on 18 September 2024 for AED 662,000 (AED 1,423 per sqft).
  • Rented since June 2017 on 10 Ejari contracts. The rent fell from AED 45,500 to AED 24,000 in 2021 and recovered to AED 50,000 by September 2026.
  • At AED 50,000 a year the gross yield on the 2024 price is 7.5%, 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 16 September 2026.

Questions about 617, Burj View Residence

What did unit 617 last sell for?

AED 662,000 on 18 September 2024: AED 1,423 per sqft for 465 sqft. The unit has 2 registered sales; the first was AED 392,237 in December 2023.

What is the rent for unit 617?

AED 50,000 a year on the contract signed on 16 September 2026. The previous contract, from July 2025, was AED 52,000; the unit has been rented since June 2017.

How big is unit 617?

465 sqft (43.2 sqm): a studio on the 6th floor of a 6-storey tower completed in 2016.

What is unit 617 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.

Selling 617? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 617, Burj View Residence

Starts from the last sale price (AED 662K, 18 September 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 →