1-bed · 727 sqftBurj Views B, Downtown Dubai · 5th floor · completed 2009

505, Burj Views B

Sold prices and rental history: sold once, by the developer in February 2012, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 505 · DLD and Ejari recordsUpdated 28 July 2020
Last soldAED 716K6 February 2012
Current rentAED 60K /yr28 July 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 505, Burj Views B

What is 505 worth today?

Last sold for AED 715,888 in 2012

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28 Jul 2020RentedRenewal
AED 60,000/yr12 months · AED 83 per sqft
28 Jul 2019RentedRenewal
AED 70,000/yr12 months · AED 97 per sqft
28 Jul 2018RentedNew contract
AED 70,000/yr12 months · AED 96 per sqft
7 Mar 2015RentedNew contract
AED 86,000/yr12 months · AED 117 per sqft
6 Feb 2012Sold by developerReady
AED 715,888AED 984 per sqft

Source: Dubai Land Department. Updated 28 July 2020.

Key facts

Type
1-bed apartment
Size
727 sqft
Floor
5th of 26
Parking
B3-3091
Developer
Emaar
Completed
2009
Service charge
AED 14,300 /yr
Last sold
AED 716K · February 2012
Building
Burj Views B

About 505, Burj Views B

505 is a one-bedroom apartment of 727 sqft on the 5th floor of Burj Views B, a 26-storey tower in Downtown Dubai completed in 2009 by Emaar. The developer sold it on 6 February 2012 for AED 715,888, or AED 984 per sqft, 5% above the AED 941 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 4 Ejari contracts. The current contract, renewed on 28 July 2020, is AED 60,000 a year: a gross yield of 8.4% on the 2012 price, before the service charge of about AED 14,300 a year.

Sales and rents for 505 over time

Sales
Unit 505, each saleTypical one-bed in Burj Views B
1M1.5M2009201420192024Typical sale price by year: 2009 AED 899,888; 2010 AED 883,888; 2011 AED 870,888; 2012 AED 924,444; 2013 AED 1,300,000; 2014 AED 1,725,000; 2015 AED 1,475,000; 2016 AED 1,275,000; 2017 AED 1,270,000; 2018 AED 897,888; 2019 AED 920,000; 2020 AED 883,444; 2021 AED 950,000; 2022 AED 1,000,000; 2023 AED 1,262,500; 2024 AED 1,600,000; 2025 AED 1,667,500; 2026 AED 1,400,000Sold by developer, February 2012: AED 715,888 (AED 984 per sqft)

505 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 505, each contractTypical one-bed in Burj Views B
75K100K2012201620202024Typical rent by year: 2012 AED 75,000; 2013 AED 85,000; 2014 AED 95,000; 2015 AED 99,875; 2016 AED 95,000; 2017 AED 94,500; 2018 AED 85,000; 2019 AED 75,000; 2020 AED 65,000; 2021 AED 62,250; 2022 AED 75,000; 2023 AED 85,000; 2024 AED 97,500; 2025 AED 105,000; 2026 AED 104,000New contract, March 2015: AED 86,000 a yearNew contract, July 2018: AED 70,000 a yearRenewal, July 2019: AED 70,000 a yearRenewal, July 2020: AED 60,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Burj Views B, and where 505 sits

All 101 1-beds →

505 last sold in February 2012 at AED 984 per sqft, 5% above what one-beds in Burj Views B were fetching at the time (AED 941). Over the last 12 months one-beds sold for AED 1,387,000 to 1,700,000, around AED 1,882 per sqft, and rent for AED 68,000 to 170,000 a year. 505's AED 60,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
20 Oct 20261,620,000
6 Jul 20261,387,000
12 Jan 20261,400,000
18 Dec 20251,700,000
4 1-bed sales in the last 12 months

Burj Views B

Building

152 apartments, 1-bed to 3-bed over 26 floors in Downtown Dubai, completed in 2009 by Emaar. 7 sold in the last 12 months.

Typical price per sqft
AED 1,881
Typical sale
AED 1.7M
Typical rent
AED 110K /yr
Typical yield
6.0%
Burj Views B, Downtown Dubai: prices, sales and rents →

Other units on the 5th floor

All 152 units in Burj Views B
Value
5011-bedAED 1.3M · Sep 2013
5022-bedAED 1.9M · Jul 2023
5032-bedAED 2.4M · Sep 2009
5041-bedAED 910K · Apr 2012
5061-bedAED 943K · Sep 2010

505, Burj Views B in numbers

  • Sold once: by Emaar on 6 February 2012 for AED 715,888, or AED 984 per sqft.
  • Rented since March 2015 on 4 Ejari contracts, from AED 86,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2012 price is 8.4%, before a service charge of about AED 14,300 a year (AED 19.62 per sqft).
  • One-beds in Burj Views B sold for AED 1,387,000–1,700,000 in the 12 months to November 2026; the building's median across all types is AED 1,881 per sqft.

Source: Dubai Land Department. Updated 28 July 2020.

Questions about 505, Burj Views B

What did unit 505 last sell for?

AED 715,888 on 6 February 2012, sold by the developer: AED 984 per sqft for 727 sqft. It is the only registered sale of the unit.

What is the rent for unit 505?

AED 60,000 a year on the contract renewed on 28 July 2020. The previous contract, from July 2019, was AED 70,000; the unit has been rented since March 2015.

How big is unit 505?

727 sqft (67.5 sqm): a one-bedroom apartment on the 5th floor of a 26-storey tower completed in 2009.

What is unit 505 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Burj Views B sold for AED 1,387,000 to 1,700,000 in the last 12 months, around AED 1,882 per sqft.

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Mortgage on 505, Burj Views B

Starts from the last sale price (AED 716K, 6 February 2012). Switch to today's estimate once you have unlocked it.
Price
AED 715,888
Deposit, UAE resident (20%)
AED 143,178
Deposit, non-resident (40%)
AED 286,355
Monthly over 25 years at 3.7%
AED 2,929

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