1203, Siraj Tower
Sold prices and rental history: sold once, by the developer in June 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1203, Siraj Tower
What is 1203 worth today?
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Source: Dubai Land Department. Updated 21 November 2025.
Key facts
- Type
- Studio apartment
- Size
- 415 sqft
- Floor
- 12th of 30
- Parking
- B2-82
- Developer
- Al Madar Investment
- Completed
- 2014
- Service charge
- AED 4,100 /yr
- Last sold
- AED 495K · June 2024
- Building
- Siraj Tower
About 1203, Siraj Tower
1203 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 3 June 2024 for AED 495,000, or AED 1,191 per sqft, in line with the AED 1,191 studios in the building were fetching at the time.
It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, renewed on 21 November 2025, is AED 42,000 a year: a gross yield of 8.5% on the 2024 price, before the service charge of about AED 4,100 a year.
Sales and rents for 1203 over time
1203 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 1203 sits
All 167 studios →1203 last sold in June 2024 at AED 1,191 per sqft, in line with 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. 1203's AED 42,000 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 | |
| 1202 | Studio | 415 sqft | AED 516KAED 516,000 · May 2024May 2024 | 45,000 /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 |
1203, Siraj Tower in numbers
- Sold once: by Al Madar Investment on 3 June 2024 for AED 495,000, or AED 1,191 per sqft.
- Rented since October 2019 on 7 Ejari contracts. The rent fell from AED 32,000 to AED 26,000 in 2022 and recovered to AED 42,000 by November 2025.
- At AED 42,000 a year the gross yield on the 2024 price is 8.5%, 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 21 November 2025.
Questions about 1203, Siraj Tower
What did unit 1203 last sell for?
AED 495,000 on 3 June 2024, sold by the developer: AED 1,191 per sqft for 415 sqft. It is the only registered sale of the unit.
What is the rent for unit 1203?
AED 42,000 a year on the contract renewed on 21 November 2025. The previous contract, from November 2024, was AED 42,000; the unit has been rented since October 2019.
How big is unit 1203?
415 sqft (38.6 sqm): a studio on the 12th floor of a 30-storey tower completed in 2014.
What is unit 1203 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 1203, Siraj Tower
Starts from the last sale price (AED 495K, 3 June 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 495,000
- Deposit, UAE resident (20%)
- AED 99,000
- Deposit, non-resident (40%)
- AED 198,000
- Monthly over 25 years at 3.7%
- AED 2,025
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →