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Studio · 415 sqftSiraj Tower, Arjan · 10th floor · completed 2014

1007, Siraj Tower

Sold prices and rental history: sold 4 times, last in August 2022, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1007 · DLD and Ejari recordsUpdated 3 August 2022
Last soldAED 315K3 August 2022
Current rentAED 30K /yr7 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1007, Siraj Tower

What is 1007 worth today?

Last sold for AED 315,000 in 2022

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3 Aug 2022SoldReady
AED 315,000AED 758 per sqft
7 Jul 2022RentedNew contract
AED 30,000/yr12 months · AED 71 per sqft
10 Jan 2021SoldReady
AED 270,000AED 649 per sqft
20 May 2018RentedNew contract
AED 37,000/yr12 months · AED 89 per sqft
7 Mar 2018SoldReady
AED 400,000AED 962 per sqft
5 Feb 2017Sold by developerReady
AED 857,208AED 2,063 per sqft

Source: Dubai Land Department. Updated 3 August 2022.

Key facts

Type
Studio apartment
Size
415 sqft
Floor
10th of 30
Parking
G-21
Developer
Al Madar Investment
Completed
2014
Service charge
AED 4,100 /yr
Last sold
AED 315K · August 2022
Building
Siraj Tower

About 1007, Siraj Tower

1007 is a studio of 415 sqft on the 10th floor of Siraj Tower, a 30-storey tower in Arjan completed in 2014 by Al Madar Investment. It last sold on 3 August 2022 for AED 315,000, or AED 758 per sqft, 8% below the AED 821 studios in the building were fetching at the time.

It has been rented since 2018 on 2 Ejari contracts. The current contract, signed on 7 July 2022, is AED 30,000 a year: a gross yield of 9.5% on the 2022 price, before the service charge of about AED 4,100 a year.

Sales and rents for 1007 over time

Sales
Unit 1007, each saleTypical studio in Siraj Tower
500K2009201420192024Typical sale price by year: 2009 AED 441,787; 2010 AED 456,000; 2016 AED 369,524; 2017 AED 855,465; 2019 AED 295,000; 2022 AED 327,500; 2023 AED 337,500; 2024 AED 500,000; 2025 AED 544,000; 2026 AED 550,000Sold by developer, February 2017: AED 857,208 (AED 2,063 per sqft)Sold, March 2018: AED 400,000 (AED 962 per sqft)Sold, January 2021: AED 270,000 (AED 649 per sqft)Sold, August 2022: AED 315,000 (AED 758 per sqft)

1007 has sold 4 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1007, each contractTypical studio in Siraj Tower
30K40K2016201920222025Typical rent by year: 2016 AED 44,000; 2017 AED 41,000; 2018 AED 41,000; 2019 AED 34,000; 2020 AED 29,000; 2021 AED 26,000; 2022 AED 29,900; 2023 AED 33,018; 2024 AED 40,000; 2025 AED 45,000; 2026 AED 40,000New contract, May 2018: AED 37,000 a yearNew contract, July 2022: AED 30,000 a year

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

Studios in Siraj Tower, and where 1007 sits

All 167 studios →

1007 last sold in August 2022 at AED 758 per sqft, 8% below what studios in Siraj Tower were fetching at the time (AED 821). Over the last 12 months studios sold for AED 515,000 to 596,000, around AED 1,323 per sqft, and rent for AED 20,000 to 60,900 a year. 1007's AED 30,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
27 Oct 2026540,000
5 Oct 2026550,000
11 Sep 2026550,000
25 Aug 2026570,000
30 studio sales in the last 12 months

Siraj Tower

Building

367 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%
Siraj Tower, Arjan: prices, sales and rents →

Other units on the 10th floor

All 367 units in Siraj Tower
Value
10011-bedAED 860K · Aug 2024
1002StudioAED 280K · Aug 2019
1003StudioAED 454K · Mar 2015
1004StudioAED 403K · May 2009
1005StudioAED 350K · May 2023
1006StudioAED 372K · Aug 2023
10091-bedAED 488K · Jul 2020
1–7 of 11

1007, Siraj Tower in numbers

  • Sold 4 times: first on 5 February 2017 for AED 857,208, last on 3 August 2022 for AED 315,000 (AED 758 per sqft).
  • Rented since May 2018 on 2 Ejari contracts, from AED 37,000 to AED 30,000 a year.
  • At AED 30,000 a year the gross yield on the 2022 price is 9.5%, before a service charge of about AED 4,100 a year (AED 9.86 per sqft).
  • Studios in Siraj Tower sold for AED 515,000–596,000 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 3 August 2022.

Questions about 1007, Siraj Tower

What did unit 1007 last sell for?

AED 315,000 on 3 August 2022: AED 758 per sqft for 415 sqft. The unit has 4 registered sales; the first was AED 857,208 in February 2017.

What is the rent for unit 1007?

AED 30,000 a year on the contract signed on 7 July 2022. The previous contract, from May 2018, was AED 37,000.

How big is unit 1007?

415 sqft (38.6 sqm): a studio on the 10th floor of a 30-storey tower completed in 2014.

What is unit 1007 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Siraj Tower sold for AED 515,000 to 596,000 in the last 12 months, around AED 1,323 per sqft.

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Mortgage on 1007, Siraj Tower

Starts from the last sale price (AED 315K, 3 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 315,000
Deposit, UAE resident (20%)
AED 63,000
Deposit, non-resident (40%)
AED 126,000
Monthly over 25 years at 3.7%
AED 1,289

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