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

1208, Siraj Tower

Sold prices and rental history: sold once, by the developer in April 2009, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1208 · DLD and Ejari recordsUpdated 10 October 2023
Last soldAED 1.12M6 April 2009
Current rentAED 49K /yr10 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1208, Siraj Tower

What is 1208 worth today?

Last sold for AED 1,120,000 in 2009

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10 Oct 2023RentedRenewal
AED 49,087/yr12 months · AED 57 per sqft
10 Oct 2022RentedRenewal
AED 46,750/yr12 months · AED 55 per sqft
10 Oct 2021RentedRenewal
AED 42,500/yr12 months · AED 50 per sqft
10 Oct 2020RentedRenewal
AED 44,500/yr12 months · AED 52 per sqft
10 Oct 2019RentedNew contract
AED 49,000/yr12 months · AED 57 per sqft
6 Apr 2009Sold by developerOff-plan
AED 1,120,000AED 1,307 per sqft

Source: Dubai Land Department. Updated 10 October 2023.

Key facts

Type
1-bed apartment
Size
857 sqft
Floor
12th of 30
Parking
B2-60
Developer
Al Madar Investment
Completed
2014
Service charge
AED 8,400 /yr
Last sold
AED 1.12M · April 2009
Building
Siraj Tower

About 1208, Siraj Tower

1208 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. The developer sold it on 6 April 2009 for AED 1,120,000, or AED 1,307 per sqft, 29% above the AED 1,015 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 10 October 2023, is AED 49,087 a year: a gross yield of 4.4% on the 2009 price, before the service charge of about AED 8,400 a year.

Sales and rents for 1208 over time

Sales
Unit 1208, 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, April 2009: AED 1,120,000 (AED 1,307 per sqft)

1208 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1208, 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 2019: AED 49,000 a yearRenewal, October 2020: AED 44,500 a yearRenewal, October 2021: AED 42,500 a yearRenewal, October 2022: AED 46,750 a yearRenewal, October 2023: AED 49,087 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 1208 sits

All 113 1-beds →

1208 last sold in April 2009 at AED 1,307 per sqft, 29% above what one-beds in Siraj Tower were fetching at the time (AED 1,015). 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. 1208's AED 49,087 is in the lower half 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
12011-bedAED 570K · Jun 2023
1202StudioAED 516K · May 2024
1203StudioAED 495K · Jun 2024
1204StudioAED 510K · Jun 2024
1205StudioAED 515K · May 2024
1206StudioAED 495K · Jun 2024
1207StudioAED 495K · Jun 2024
1–7 of 12

1208, Siraj Tower in numbers

  • Sold once: by Al Madar Investment on 6 April 2009 for AED 1,120,000, or AED 1,307 per sqft.
  • Rented since October 2019 on 5 Ejari contracts. The rent fell from AED 49,000 to AED 42,500 in 2021 and recovered to AED 49,087 by October 2023.
  • At AED 49,087 a year the gross yield on the 2009 price is 4.4%, 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 10 October 2023.

Questions about 1208, Siraj Tower

What did unit 1208 last sell for?

AED 1,120,000 on 6 April 2009, sold by the developer: AED 1,307 per sqft for 857 sqft. It is the only registered sale of the unit.

What is the rent for unit 1208?

AED 49,087 a year on the contract renewed on 10 October 2023. The previous contract, from October 2022, was AED 46,750; the unit has been rented since October 2019.

How big is unit 1208?

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

What is unit 1208 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 1208, Siraj Tower

Starts from the last sale price (AED 1.12M, 6 April 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,120,000
Deposit, UAE resident (20%)
AED 224,000
Deposit, non-resident (40%)
AED 448,000
Monthly over 25 years at 3.7%
AED 4,582

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