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1-bed · 857 sqftSiraj Tower, Arjan · 12th floor · completed 2014

1201, Siraj Tower

Sold prices and rental history: sold twice, last in June 2023, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1201 · DLD and Ejari recordsUpdated 23 June 2023
Last soldAED 570K23 June 2023
Current rentAED 30K /yr12 October 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1201, Siraj Tower

What is 1201 worth today?

Last sold for AED 569,500 in 2023

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23 Jun 2023SoldReady
AED 569,500AED 664 per sqft
12 Oct 2019RentedRenewal
AED 30,000/yr12 months · AED 35 per sqft
12 Oct 2018RentedRenewal
AED 30,000/yr12 months · AED 35 per sqft
12 Oct 2017RentedNew contract
AED 48,000/yr12 months · AED 56 per sqft
27 May 2009Sold by developerOff-plan
AED 1,080,000AED 1,260 per sqft

Source: Dubai Land Department. Updated 23 June 2023.

Key facts

Type
1-bed apartment
Size
857 sqft
Floor
12th of 30
Parking
G-28
Developer
Al Madar Investment
Completed
2014
Service charge
AED 8,400 /yr
Last sold
AED 570K · June 2023
Building
Siraj Tower

About 1201, Siraj Tower

1201 is a one-bedroom apartment of 857 sqft on the 12th floor of Siraj Tower, a 30-storey tower in Arjan completed in 2014 by Al Madar Investment. It last sold on 23 June 2023 for AED 569,500, or AED 664 per sqft.

It has been rented since 2017 on 3 Ejari contracts. The current contract, renewed on 12 October 2019, is AED 30,000 a year: a gross yield of 5.3% on the 2023 price, before the service charge of about AED 8,400 a year.

Sales and rents for 1201 over time

Sales
Unit 1201, each saleTypical one-bed in Siraj Tower
0500K1M2009201420192024Typical sale price by year: 2009 AED 910,060; 2016 AED 138,586; 2023 AED 660,000; 2024 AED 840,000; 2025 AED 890,000; 2026 AED 958,000Sold by developer, May 2009: AED 1,080,000 (AED 1,260 per sqft)Sold, June 2023: AED 569,500 (AED 664 per sqft)

1201 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1201, each contractTypical one-bed in Siraj Tower
40K60K2016201920222025Typical rent by year: 2016 AED 64,500; 2017 AED 64,500; 2018 AED 66,000; 2019 AED 52,000; 2020 AED 47,000; 2021 AED 41,500; 2022 AED 45,000; 2023 AED 48,400; 2024 AED 60,000; 2025 AED 70,000; 2026 AED 67,000New contract, October 2017: AED 48,000 a yearRenewal, October 2018: AED 30,000 a yearRenewal, October 2019: AED 30,000 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 Siraj Tower, and where 1201 sits

All 113 1-beds →

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. 1201's AED 30,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
27 Jul 2026800,000
10 Jul 20261,000,000
17 Jun 2026850,000
4 May 2026800,000
21 1-bed 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 12th floor

All 367 units in Siraj Tower
Value
1202StudioAED 516K · May 2024
1203StudioAED 495K · Jun 2024
1204StudioAED 510K · Jun 2024
1205StudioAED 515K · May 2024
1206StudioAED 495K · Jun 2024
1207StudioAED 495K · Jun 2024
12081-bedAED 1.12M · Apr 2009
1–7 of 12

1201, Siraj Tower in numbers

  • Sold twice: first on 27 May 2009 for AED 1,080,000, last on 23 June 2023 for AED 569,500 (AED 664 per sqft).
  • Rented since October 2017 on 3 Ejari contracts, from AED 48,000 to AED 30,000 a year.
  • At AED 30,000 a year the gross yield on the 2023 price is 5.3%, 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 23 June 2023.

Questions about 1201, Siraj Tower

What did unit 1201 last sell for?

AED 569,500 on 23 June 2023: AED 664 per sqft for 857 sqft. The unit has 2 registered sales; the first was AED 1,080,000 in May 2009.

What is the rent for unit 1201?

AED 30,000 a year on the contract renewed on 12 October 2019. The previous contract, from October 2018, was AED 30,000; the unit has been rented since October 2017.

How big is unit 1201?

857 sqft (79.6 sqm): a one-bedroom apartment on the 12th floor of a 30-storey tower completed in 2014.

What is unit 1201 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 1201, Siraj Tower

Starts from the last sale price (AED 570K, 23 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 569,500
Deposit, UAE resident (20%)
AED 113,900
Deposit, non-resident (40%)
AED 227,800
Monthly over 25 years at 3.7%
AED 2,330

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