1001, Siraj Tower
Sold prices and rental history: sold once, by the developer in August 2024, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1001, Siraj Tower
What is 1001 worth today?
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Source: Dubai Land Department. Updated 19 August 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 857 sqft
- Floor
- 10th of 30
- Parking
- B2-138
- Developer
- Al Madar Investment
- Completed
- 2014
- Service charge
- AED 8,400 /yr
- Last sold
- AED 860K · August 2024
- Building
- Siraj Tower
About 1001, Siraj Tower
1001 is a one-bedroom apartment of 857 sqft on the 10th floor of Siraj Tower, a 30-storey tower in Arjan completed in 2014 by Al Madar Investment. The developer sold it on 19 August 2024 for AED 860,000, or AED 1,003 per sqft, in line with the AED 976 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, renewed on 1 September 2023, is AED 50,400 a year: a gross yield of 5.9% on the 2024 price, before the service charge of about AED 8,400 a year.
Sales and rents for 1001 over time
1001 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Siraj Tower, and where 1001 sits
All 113 1-beds →1001 last sold in August 2024 at AED 1,003 per sqft, in line with what one-beds in Siraj Tower were fetching at the time (AED 976). Over the last 12 months one-beds sold for AED 800,000 to 1,050,000, around AED 1,109 per sqft, and rent for AED 38,000 to 89,519 a year. 1001's AED 50,400 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Jul 202627 July 2026 | 814 sqft | 800,000 | 982 | ||
| 10 Jul 202610 July 2026 | 860 sqft | 1,000,000 | 1,163 | ||
| 17 Jun 202617 June 2026 | 857 sqft | 850,000 | 992 | ||
| 4 May 20264 May 2026 | 811 sqft | 800,000 | 986 |
Siraj Tower
Building367 apartments, studios to 3-bed over 30 floors in Arjan, completed in 2014 by Al Madar Investment. 64 sold in the last 12 months.
- Typical price per sqft
- AED 1,168 Up 8.6%
- Typical sale
- AED 825K
- Typical rent
- AED 47K /yr
- Typical yield
- 7.8%
Other units on the 10th floor
All 367 units in Siraj Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1002 | Studio | 415 sqft | AED 280KAED 280,000 · Aug 2019August 2019 | 20,000 /yr | |
| 1003 | Studio | 415 sqft | AED 454KAED 454,203 · Mar 2015March 2015 | 39,900 /yr | |
| 1004 | Studio | 412 sqft | AED 403KAED 403,000 · May 2009May 2009 | ||
| 1005 | Studio | 412 sqft | AED 350KAED 350,000 · May 2023May 2023 | 37,000 /yr | |
| 1006 | Studio | 415 sqft | AED 372KAED 372,000 · Aug 2023August 2023 | 48,000 /yr | |
| 1007 | Studio | 415 sqft | AED 315KAED 315,000 · Aug 2022August 2022 | 30,000 /yr | |
| 1009 | 1-bed | 814 sqft | AED 488KAED 488,000 · Jul 2020July 2020 | 33,000 /yr | |
| 1010 | 2-bed | 1,411 sqft | AED 1.1MAED 1,100,000 · May 2017May 2017 | ||
| 1011 | 3-bed | 2,013 sqft | AED 1.63MAED 1,625,000 · Mar 2024March 2024 | 87,675 /yr | |
| 1012 | 2-bed | 1,411 sqft | AED 1.24MAED 1,242,000 · Jul 2024July 2024 | 103,000 /yr | |
| 1013 | 1-bed | 814 sqft | AED 820KAED 820,000 · Apr 2009April 2009 | 56,000 /yr |
1001, Siraj Tower in numbers
- Sold once: by Al Madar Investment on 19 August 2024 for AED 860,000, or AED 1,003 per sqft.
- Rented since May 2016 on 6 Ejari contracts. The rent fell from AED 67,100 to AED 36,923 in 2021 and recovered to AED 50,400 by September 2023.
- At AED 50,400 a year the gross yield on the 2024 price is 5.9%, before a service charge of about AED 8,400 a year (AED 9.86 per sqft).
- One-beds in Siraj Tower sold for AED 800,000–1,050,000 in the 12 months to November 2026; the building's median across all types is AED 1,168 per sqft.
Source: Dubai Land Department. Updated 19 August 2024.
Questions about 1001, Siraj Tower
What did unit 1001 last sell for?
AED 860,000 on 19 August 2024, sold by the developer: AED 1,003 per sqft for 857 sqft. It is the only registered sale of the unit.
What is the rent for unit 1001?
AED 50,400 a year on the contract renewed on 1 September 2023. The previous contract, from August 2022, was AED 48,001; the unit has been rented since May 2016.
How big is unit 1001?
857 sqft (79.6 sqm): a one-bedroom apartment on the 10th floor of a 30-storey tower completed in 2014.
What is unit 1001 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Siraj Tower sold for AED 800,000 to 1,050,000 in the last 12 months, around AED 1,109 per sqft.
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Mortgage on 1001, Siraj Tower
Starts from the last sale price (AED 860K, 19 August 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 860,000
- Deposit, UAE resident (20%)
- AED 172,000
- Deposit, non-resident (40%)
- AED 344,000
- Monthly over 25 years at 3.7%
- AED 3,519
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →