Studio · 463 sqftBurj View Residence, Arjan · 6th floor · completed 2016

620, 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 620 · DLD and Ejari recordsUpdated 13 May 2024
Last soldAED 470K13 May 2024
Current rentAED 27K /yr25 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 620, Burj View Residence

What is 620 worth today?

Last sold for AED 470,000 in 2024

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13 May 2024SoldReady
AED 470,000AED 1,016 per sqft
5 Dec 2023Sold by developerReady
AED 389,135AED 841 per sqft
25 Nov 2022RentedNew contract
AED 27,000/yr12 months · AED 58 per sqft
5 Aug 2021RentedNew contract
AED 23,001/yr14 months · AED 50 per sqft
20 Sep 2019RentedRenewal
AED 35,000/yr12 months · AED 76 per sqft
20 Sep 2018RentedRenewal
AED 42,000/yr12 months · AED 91 per sqft
20 Sep 2017RentedNew contract
AED 47,000/yr12 months · AED 102 per sqft

Source: Dubai Land Department. Updated 13 May 2024.

Key facts

Type
Studio apartment
Size
463 sqft
Floor
6th of 6
Parking
G-01
Developer
Al Madar Investment
Completed
2016
Service charge
AED 5,600 /yr
Last sold
AED 470K · May 2024

About 620, Burj View Residence

620 is a studio of 463 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 13 May 2024 for AED 470,000, or AED 1,016 per sqft, 21% above the AED 843 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, signed on 25 November 2022, is AED 27,000 a year: a gross yield of 5.7% on the 2024 price, before the service charge of about AED 5,600 a year.

Sales and rents for 620 over time

Sales
Unit 620, 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 389,135 (AED 841 per sqft)Sold, May 2024: AED 470,000 (AED 1,016 per sqft)

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

Rents
Unit 620, 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, September 2017: AED 47,000 a yearRenewal, September 2018: AED 42,000 a yearRenewal, September 2019: AED 35,000 a yearNew contract, August 2021: AED 23,001 a yearNew contract, November 2022: AED 27,000 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 620 sits

All 53 studios →

620 last sold in May 2024 at AED 1,016 per sqft, 21% 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. 620's AED 27,000 is at the bottom 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

620, Burj View Residence in numbers

  • Sold twice: first on 5 December 2023 for AED 389,135, last on 13 May 2024 for AED 470,000 (AED 1,016 per sqft).
  • Rented since September 2017 on 5 Ejari contracts. The rent fell from AED 47,000 to AED 23,001 in 2021 and recovered to AED 27,000 by November 2022.
  • At AED 27,000 a year the gross yield on the 2024 price is 5.7%, 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 13 May 2024.

Questions about 620, Burj View Residence

What did unit 620 last sell for?

AED 470,000 on 13 May 2024: AED 1,016 per sqft for 463 sqft. The unit has 2 registered sales; the first was AED 389,135 in December 2023.

What is the rent for unit 620?

AED 27,000 a year on the contract signed on 25 November 2022. The previous contract, from August 2021, was AED 23,001; the unit has been rented since September 2017.

How big is unit 620?

463 sqft (43.0 sqm): a studio on the 6th floor of a 6-storey tower completed in 2016.

What is unit 620 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 620, Burj View Residence

Starts from the last sale price (AED 470K, 13 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 470,000
Deposit, UAE resident (20%)
AED 94,000
Deposit, non-resident (40%)
AED 188,000
Monthly over 25 years at 3.7%
AED 1,923

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