2-bed · 1,411 sqftSiraj Tower, Arjan · 12th floor · completed 2014

1212, Siraj Tower

Sold prices and rental history: sold once, by the developer in September 2024, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1212 · DLD and Ejari recordsUpdated 23 September 2024
Last soldAED 1.37M23 September 2024
Current rentAED 67K /yr16 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1212, Siraj Tower

What is 1212 worth today?

Last sold for AED 1,367,000 in 2024

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23 Sep 2024Sold by developerReady
AED 1,367,000AED 968 per sqft
16 Jun 2022RentedNew contract
AED 67,000/yr12 months · AED 47 per sqft
12 Dec 2021RentedNew contract
AED 67,000/yr12 months · AED 47 per sqft
1 Aug 2020RentedNew contract
AED 72,000/yr12 months · AED 51 per sqft
1 Aug 2019RentedRenewal
AED 82,000/yr12 months · AED 58 per sqft
1 Aug 2018RentedRenewal
AED 86,500/yr12 months · AED 61 per sqft
1 Aug 2017RentedNew contract
AED 91,000/yr12 months · AED 64 per sqft
1 Aug 2016RentedNew contract
AED 91,000/yr12 months · AED 64 per sqft

Source: Dubai Land Department. Updated 23 September 2024.

Key facts

Type
2-bed apartment
Size
1,411 sqft
Floor
12th of 30
Parking
B2-75
Developer
Al Madar Investment
Completed
2014
Service charge
AED 13,900 /yr
Last sold
AED 1.37M · September 2024
Building
Siraj Tower

About 1212, Siraj Tower

1212 is a two-bedroom apartment of 1,411 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 23 September 2024 for AED 1,367,000, or AED 968 per sqft, 9% above the AED 890 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, signed on 16 June 2022, is AED 67,000 a year: a gross yield of 4.9% on the 2024 price, before the service charge of about AED 13,900 a year.

Sales and rents for 1212 over time

Sales
Unit 1212, each saleTypical two-bed in Siraj Tower
1.3M1.4M1.5M2009201420192024Typical sale price by year: 2009 AED 1,436,357; 2024 AED 1,300,000; 2025 AED 1,450,000; 2026 AED 1,500,000Sold by developer, September 2024: AED 1,367,000 (AED 968 per sqft)

1212 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1212, each contractTypical two-bed in Siraj Tower
60K80K100K2016201920222025Typical rent by year: 2016 AED 91,000; 2017 AED 91,000; 2018 AED 86,250; 2019 AED 82,000; 2020 AED 72,000; 2021 AED 64,000; 2022 AED 64,500; 2023 AED 67,200; 2024 AED 74,074; 2025 AED 102,000; 2026 AED 103,000New contract, August 2016: AED 91,000 a yearNew contract, August 2017: AED 91,000 a yearRenewal, August 2018: AED 86,500 a yearRenewal, August 2019: AED 82,000 a yearNew contract, August 2020: AED 72,000 a yearNew contract, December 2021: AED 67,000 a yearNew contract, June 2022: AED 67,000 a year

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

2-beds in Siraj Tower, and where 1212 sits

All 58 2-beds →

1212 last sold in September 2024 at AED 968 per sqft, 9% above what two-beds in Siraj Tower were fetching at the time (AED 890). Over the last 12 months two-beds sold for AED 1,450,000 to 1,570,000, around AED 1,045 per sqft, and rent for AED 90,000 to 120,000 a year. 1212's AED 67,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
6 Oct 20261,570,000
19 Jun 20261,450,000
17 Feb 20261,500,000
9 Dec 20251,451,000
5 2-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

1212, Siraj Tower in numbers

  • Sold once: by Al Madar Investment on 23 September 2024 for AED 1,367,000, or AED 968 per sqft.
  • Rented since August 2016 on 7 Ejari contracts, from AED 91,000 to AED 67,000 a year.
  • At AED 67,000 a year the gross yield on the 2024 price is 4.9%, before a service charge of about AED 13,900 a year (AED 9.86 per sqft).
  • Two-beds in Siraj Tower sold for AED 1,450,000–1,570,000 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 September 2024.

Questions about 1212, Siraj Tower

What did unit 1212 last sell for?

AED 1,367,000 on 23 September 2024, sold by the developer: AED 968 per sqft for 1,411 sqft. It is the only registered sale of the unit.

What is the rent for unit 1212?

AED 67,000 a year on the contract signed on 16 June 2022. The previous contract, from December 2021, was AED 67,000; the unit has been rented since August 2016.

How big is unit 1212?

1,411 sqft (131.1 sqm): a two-bedroom apartment on the 12th floor of a 30-storey tower completed in 2014.

What is unit 1212 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Siraj Tower sold for AED 1,450,000 to 1,570,000 in the last 12 months, around AED 1,045 per sqft.

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Mortgage on 1212, Siraj Tower

Starts from the last sale price (AED 1.37M, 23 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,367,000
Deposit, UAE resident (20%)
AED 273,400
Deposit, non-resident (40%)
AED 546,800
Monthly over 25 years at 3.7%
AED 5,593

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