3-bed · 2,013 sqftSiraj Tower, Arjan · 12th floor · completed 2014

1211, Siraj Tower

Sold prices and rental history: sold once, by the developer in September 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1211 · DLD and Ejari recordsUpdated 25 September 2024
Last soldAED 1.78M25 September 2024
Current rentAED 95K /yr15 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1211, Siraj Tower

What is 1211 worth today?

Last sold for AED 1,780,000 in 2024

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25 Sep 2024Sold by developerReady
AED 1,780,000AED 884 per sqft
15 Jan 2024RentedRenewal
AED 94,669/yr8 months · AED 47 per sqft
15 Jan 2023RentedNew contract
AED 90,000/yr12 months · AED 45 per sqft
11 Aug 2022RentedRenewal
AED 83,000/yr12 months · AED 41 per sqft
11 Feb 2022RentedRenewal
AED 83,000/yr6 months · AED 41 per sqft
11 Feb 2021RentedNew contract
AED 83,000/yr12 months · AED 41 per sqft
10 Aug 2019RentedNew contract
AED 100,000/yr12 months · AED 50 per sqft

Source: Dubai Land Department. Updated 25 September 2024.

Key facts

Type
3-bed apartment
Size
2,013 sqft
Floor
12th of 30
Parking
B2-76
Developer
Al Madar Investment
Completed
2014
Service charge
AED 19,900 /yr
Last sold
AED 1.78M · September 2024
Building
Siraj Tower

About 1211, Siraj Tower

1211 is a three-bedroom apartment of 2,013 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 25 September 2024 for AED 1,780,000, or AED 884 per sqft, in line with the AED 884 three-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, renewed on 15 January 2024, is AED 94,669 a year: a gross yield of 5.3% on the 2024 price, before the service charge of about AED 19,900 a year.

Sales and rents for 1211 over time

Sales
Unit 1211, each saleTypical three-bed in Siraj Tower
1.8M2M2024202520262027Typical sale price by year: 2024 AED 1,780,000; 2025 AED 2,025,000; 2026 AED 2,100,000Sold by developer, September 2024: AED 1,780,000 (AED 884 per sqft)

1211 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1211, each contractTypical three-bed in Siraj Tower
100K150K2016201920222025Typical rent by year: 2016 AED 135,000; 2017 AED 115,500; 2018 AED 110,000; 2019 AED 100,000; 2020 AED 83,500; 2021 AED 82,001; 2022 AED 83,500; 2023 AED 89,625; 2024 AED 98,248; 2025 AED 140,000; 2026 AED 125,000New contract, August 2019: AED 100,000 a yearNew contract, February 2021: AED 83,000 a yearRenewal, February 2022: AED 83,000 a yearRenewal, August 2022: AED 83,000 a yearNew contract, January 2023: AED 90,000 a yearRenewal, January 2024: AED 94,669 a year

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

3-beds in Siraj Tower, and where 1211 sits

All 29 3-beds →

1211 last sold in September 2024 at AED 884 per sqft, in line with what three-beds in Siraj Tower were fetching at the time (AED 884). Over the last 12 months three-beds sold for AED 1,950,000 to 2,200,000, around AED 1,030 per sqft, and rent for AED 60,000 to 160,000 a year. 1211's AED 94,669 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
13 Oct 20262,150,000
6 Oct 20262,100,000
10 Aug 20262,050,000
11 Jun 20262,200,000
8 3-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

1211, Siraj Tower in numbers

  • Sold once: by Al Madar Investment on 25 September 2024 for AED 1,780,000, or AED 884 per sqft.
  • Rented since August 2019 on 6 Ejari contracts. The rent fell from AED 100,000 to AED 83,000 in 2022 and recovered to AED 94,669 by January 2024.
  • At AED 94,669 a year the gross yield on the 2024 price is 5.3%, before a service charge of about AED 19,900 a year (AED 9.86 per sqft).
  • Three-beds in Siraj Tower sold for AED 1,950,000–2,200,000 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 25 September 2024.

Questions about 1211, Siraj Tower

What did unit 1211 last sell for?

AED 1,780,000 on 25 September 2024, sold by the developer: AED 884 per sqft for 2,013 sqft. It is the only registered sale of the unit.

What is the rent for unit 1211?

AED 94,669 a year on the contract renewed on 15 January 2024. The previous contract, from January 2023, was AED 90,000; the unit has been rented since August 2019.

How big is unit 1211?

2,013 sqft (187.0 sqm): a three-bedroom apartment on the 12th floor of a 30-storey tower completed in 2014.

What is unit 1211 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Siraj Tower sold for AED 1,950,000 to 2,200,000 in the last 12 months, around AED 1,030 per sqft.

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Mortgage on 1211, Siraj Tower

Starts from the last sale price (AED 1.78M, 25 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,780,000
Deposit, UAE resident (20%)
AED 356,000
Deposit, non-resident (40%)
AED 712,000
Monthly over 25 years at 3.7%
AED 7,283

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