1202, Siraj Tower
Sold prices and rental history: sold once, by the developer in May 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1202, Siraj Tower
What is 1202 worth today?
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Source: Dubai Land Department. Updated 19 August 2024.
Key facts
- Type
- Studio apartment
- Size
- 415 sqft
- Floor
- 12th of 30
- Parking
- B2-83
- Developer
- Al Madar Investment
- Completed
- 2014
- Service charge
- AED 4,100 /yr
- Last sold
- AED 516K · May 2024
- Building
- Siraj Tower
About 1202, Siraj Tower
1202 is a studio of 415 sqft on the 12th floor of Siraj Tower, a 30-storey tower in Arjan completed in 2014 by Al Madar Investment. The developer sold it on 31 May 2024 for AED 516,000, or AED 1,241 per sqft, 4% above the AED 1,191 studios in the building were fetching at the time.
It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, signed on 19 August 2024, is AED 45,000 a year: a gross yield of 8.7% on the 2024 price, before the service charge of about AED 4,100 a year.
Sales and rents for 1202 over time
1202 has sold once; the dashed line is the studio median of each year in the building.
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 1202 sits
All 167 studios →1202 last sold in May 2024 at AED 1,241 per sqft, 4% above what studios in Siraj Tower were fetching at the time (AED 1,191). 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. 1202's AED 45,000 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Oct 202627 October 2026 | 415 sqft | 540,000 | 1,299 | ||
| 5 Oct 20265 October 2026 | 412 sqft | 550,000 | 1,334 | ||
| 11 Sep 202611 September 2026 | 415 sqft | 550,000 | 1,323 | ||
| 25 Aug 202625 August 2026 | 415 sqft | 570,000 | 1,371 |
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 12th floor
All 367 units in Siraj Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | 1-bed | 857 sqft | AED 570KAED 569,500 · Jun 2023June 2023 | 30,000 /yr | |
| 1203 | Studio | 415 sqft | AED 495KAED 495,000 · Jun 2024June 2024 | 42,000 /yr | |
| 1204 | Studio | 412 sqft | AED 510KAED 510,000 · Jun 2024June 2024 | 46,000 /yr | |
| 1205 | Studio | 412 sqft | AED 515KAED 515,000 · May 2024May 2024 | 34,566 /yr | |
| 1206 | Studio | 415 sqft | AED 495KAED 495,000 · Jun 2024June 2024 | 42,000 /yr | |
| 1207 | Studio | 415 sqft | AED 495KAED 495,000 · Jun 2024June 2024 | 48,000 /yr | |
| 1208 | 1-bed | 857 sqft | AED 1.12MAED 1,120,000 · Apr 2009April 2009 | 49,087 /yr | |
| 1209 | 1-bed | 814 sqft | AED 1.05MAED 1,050,125 · Jun 2010June 2010 | ||
| 1210 | 2-bed | 1,411 sqft | AED 1.22MAED 1,216,380 · Apr 2024April 2024 | 56,267 /yr | |
| 1211 | 3-bed | 2,013 sqft | AED 1.78MAED 1,780,000 · Sep 2024September 2024 | 94,669 /yr | |
| 1212 | 2-bed | 1,411 sqft | AED 1.37MAED 1,367,000 · Sep 2024September 2024 | 67,000 /yr | |
| 1213 | 1-bed | 814 sqft | AED 750KAED 750,000 · Jul 2023July 2023 | 68,000 /yr |
1202, Siraj Tower in numbers
- Sold once: by Al Madar Investment on 31 May 2024 for AED 516,000, or AED 1,241 per sqft.
- Rented since February 2017 on 6 Ejari contracts. The rent fell from AED 46,500 to AED 22,286 in 2021 and recovered to AED 45,000 by August 2024.
- At AED 45,000 a year the gross yield on the 2024 price is 8.7%, 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 19 August 2024.
Questions about 1202, Siraj Tower
What did unit 1202 last sell for?
AED 516,000 on 31 May 2024, sold by the developer: AED 1,241 per sqft for 415 sqft. It is the only registered sale of the unit.
What is the rent for unit 1202?
AED 45,000 a year on the contract signed on 19 August 2024. The previous contract, from August 2022, was AED 32,000; the unit has been rented since February 2017.
How big is unit 1202?
415 sqft (38.6 sqm): a studio on the 12th floor of a 30-storey tower completed in 2014.
What is unit 1202 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 1202, Siraj Tower
Starts from the last sale price (AED 516K, 31 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 516,000
- Deposit, UAE resident (20%)
- AED 103,200
- Deposit, non-resident (40%)
- AED 206,400
- Monthly over 25 years at 3.7%
- AED 2,111
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →