2-bed · 1,299 sqftBurj Views A, Downtown Dubai · 7th floor · completed 2009

703, Burj Views A

Sold prices and rental history: sold twice, last in October 2014, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 703 · DLD and Ejari recordsUpdated 25 January 2024
Last soldAED 2.75M28 October 2014
Current rentAED 163K /yr25 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 703, Burj Views A

What is 703 worth today?

Last sold for AED 2,750,000 in 2014

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25 Jan 2024RentedRenewal
AED 163,245/yr6 months · AED 126 per sqft
25 Jul 2023RentedRenewal
AED 149,198/yr6 months · AED 116 per sqft
25 Jul 2022RentedNew contract
AED 115,000/yr12 months · AED 88 per sqft
1 Oct 2016RentedNew contract
AED 60,000/yr12 months · AED 46 per sqft
28 Oct 2014SoldReady
AED 2,750,000AED 2,117 per sqft
16 Mar 2010Sold by developerReady
AED 1,197,888AED 922 per sqft

Source: Dubai Land Department. Updated 25 January 2024.

Key facts

Type
2-bed apartment
Size
1,299 sqft
Floor
7th of 30
Parking
B2-2125
Developer
Emaar
Completed
2009
Service charge
AED 25,500 /yr
Last sold
AED 2.75M · October 2014
Building
Burj Views A

About 703, Burj Views A

703 is a two-bedroom apartment of 1,299 sqft on the 7th floor of Burj Views A, a 30-storey tower in Downtown Dubai completed in 2009 by Emaar. It last sold on 28 October 2014 for AED 2,750,000, or AED 2,117 per sqft, 9% above the AED 1,941 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 4 Ejari contracts. The current contract, renewed on 25 January 2024, is AED 163,245 a year: a gross yield of 5.9% on the 2014 price, before the service charge of about AED 25,500 a year.

Sales and rents for 703 over time

Sales
Unit 703, each saleTypical two-bed in Burj Views A
1M2M3M2009201420192024Typical sale price by year: 2009 AED 1,617,388; 2010 AED 1,740,888; 2011 AED 1,410,888; 2012 AED 1,650,000; 2013 AED 2,020,000; 2014 AED 2,800,000; 2015 AED 2,137,500; 2016 AED 2,000,000; 2019 AED 1,300,000; 2020 AED 1,280,000; 2021 AED 1,400,000; 2022 AED 1,675,000; 2023 AED 2,077,500; 2024 AED 2,300,000; 2025 AED 2,375,000; 2026 AED 2,452,500Sold by developer, March 2010: AED 1,197,888 (AED 922 per sqft)Sold, October 2014: AED 2,750,000 (AED 2,117 per sqft)

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

Rents
Unit 703, each contractTypical two-bed in Burj Views A
50K100K150K2012201620202024Typical rent by year: 2012 AED 107,500; 2013 AED 125,268; 2014 AED 140,000; 2015 AED 147,000; 2016 AED 141,750; 2017 AED 135,000; 2018 AED 125,000; 2019 AED 105,000; 2020 AED 91,000; 2021 AED 95,000; 2022 AED 114,725; 2023 AED 130,000; 2024 AED 150,000; 2025 AED 150,000; 2026 AED 135,750New contract, October 2016: AED 60,000 a yearNew contract, July 2022: AED 115,000 a yearRenewal, July 2023: AED 149,198 a yearRenewal, January 2024: AED 163,245 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 Views A, and where 703 sits

All 89 2-beds →

703 last sold in October 2014 at AED 2,117 per sqft, 9% above what two-beds in Burj Views A were fetching at the time (AED 1,941). Over the last 12 months two-beds sold for AED 2,250,000 to 2,650,000, around AED 1,772 per sqft, and rent for AED 110,000 to 190,000 a year. 703's AED 163,245 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
16 Oct 20262,375,000
25 Sep 20262,250,000
6 Apr 20262,530,000
11 Mar 20262,650,000
4 2-bed sales in the last 12 months

Burj Views A

Building

176 apartments, 1-bed to 3-bed over 30 floors in Downtown Dubai, completed in 2009 by Emaar. 12 sold in the last 12 months.

Typical price per sqft
AED 1,786 Up 3.5%
Typical sale
AED 1.74M
Typical rent
AED 120K /yr
Typical yield
6.0%
Burj Views A, Downtown Dubai: prices, sales and rents →

Other units on the 7th floor

All 176 units in Burj Views A
Value
7012-bedAED 1.39M · Apr 2021
7022-bedAED 2.27M · Jul 2010
7041-bedAED 444K · Jul 2010
7051-bedAED 1.56M · Apr 2024
7061-bedAED 990K · Dec 2018

703, Burj Views A in numbers

  • Sold twice: first on 16 March 2010 for AED 1,197,888, last on 28 October 2014 for AED 2,750,000 (AED 2,117 per sqft).
  • Rented since October 2016 on 4 Ejari contracts, from AED 60,000 to AED 163,245 a year.
  • At AED 163,245 a year the gross yield on the 2014 price is 5.9%, before a service charge of about AED 25,500 a year (AED 19.62 per sqft).
  • Two-beds in Burj Views A sold for AED 2,250,000–2,650,000 in the 12 months to November 2026; the building's median across all types is AED 1,786 per sqft.

Source: Dubai Land Department. Updated 25 January 2024.

Questions about 703, Burj Views A

What did unit 703 last sell for?

AED 2,750,000 on 28 October 2014: AED 2,117 per sqft for 1,299 sqft. The unit has 2 registered sales; the first was AED 1,197,888 in March 2010.

What is the rent for unit 703?

AED 163,245 a year on the contract renewed on 25 January 2024. The previous contract, from July 2023, was AED 149,198; the unit has been rented since October 2016.

How big is unit 703?

1,299 sqft (120.7 sqm): a two-bedroom apartment on the 7th floor of a 30-storey tower completed in 2009.

What is unit 703 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Burj Views A sold for AED 2,250,000 to 2,650,000 in the last 12 months, around AED 1,772 per sqft.

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Mortgage on 703, Burj Views A

Starts from the last sale price (AED 2.75M, 28 October 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,750,000
Deposit, UAE resident (20%)
AED 550,000
Deposit, non-resident (40%)
AED 1,100,000
Monthly over 25 years at 3.7%
AED 11,251

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