Studio · 415 sqftSiraj Tower, Arjan · 14th floor · completed 2014

1402, Siraj Tower

Sold prices and rental history: sold once, by the developer in April 2009, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1402 · DLD and Ejari recordsUpdated 1 March 2020
Last soldAED 379K6 April 2009
Current rentAED 30K /yr1 March 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1402, Siraj Tower

What is 1402 worth today?

Last sold for AED 379,432 in 2009

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1 Mar 2020RentedNew contract
AED 30,000/yr12 months · AED 71 per sqft
25 Jun 2018RentedNew contract
AED 34,000/yr12 months · AED 81 per sqft
6 Apr 2009Sold by developerOff-plan
AED 379,432AED 913 per sqft

Source: Dubai Land Department. Updated 1 March 2020.

Key facts

Type
Studio apartment
Size
415 sqft
Floor
14th of 30
Parking
G-26
Developer
Al Madar Investment
Completed
2014
Service charge
AED 4,100 /yr
Last sold
AED 379K · April 2009
Building
Siraj Tower

About 1402, Siraj Tower

1402 is a studio of 415 sqft on the 14th 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 379,432, or AED 913 per sqft, 7% below the AED 985 studios in the building were fetching at the time.

It has been rented since 2018 on 2 Ejari contracts. The current contract, signed on 1 March 2020, is AED 30,000 a year: a gross yield of 7.9% on the 2009 price, before the service charge of about AED 4,100 a year.

Sales and rents for 1402 over time

Sales
Unit 1402, each saleTypical studio in Siraj Tower
500K2009201420192024Typical sale price by year: 2009 AED 441,787; 2010 AED 456,000; 2016 AED 369,524; 2017 AED 855,465; 2019 AED 295,000; 2022 AED 327,500; 2023 AED 337,500; 2024 AED 500,000; 2025 AED 544,000; 2026 AED 550,000Sold by developer, April 2009: AED 379,432 (AED 913 per sqft)

1402 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1402, each contractTypical studio in Siraj Tower
30K40K2016201920222025Typical rent by year: 2016 AED 44,000; 2017 AED 41,000; 2018 AED 41,000; 2019 AED 34,000; 2020 AED 29,000; 2021 AED 26,000; 2022 AED 29,900; 2023 AED 33,018; 2024 AED 40,000; 2025 AED 45,000; 2026 AED 40,000New contract, June 2018: AED 34,000 a yearNew contract, March 2020: AED 30,000 a year

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 1402 sits

All 167 studios →

1402 last sold in April 2009 at AED 913 per sqft, 7% below what studios in Siraj Tower were fetching at the time (AED 985). 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. 1402's AED 30,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
27 Oct 2026540,000
5 Oct 2026550,000
11 Sep 2026550,000
25 Aug 2026570,000
30 studio 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 14th floor

All 367 units in Siraj Tower
Value
14011-bedAED 917K · Dec 2024
1403StudioAED 344K · Aug 2016
1404StudioAED 395K · Aug 2016
1405StudioAED 342K · Aug 2016
1406StudioAED 415K · May 2009
1407StudioAED 510K · Aug 2024
14081-bedAED 870K · Sep 2024
1–7 of 12

1402, Siraj Tower in numbers

  • Sold once: by Al Madar Investment on 6 April 2009 for AED 379,432, or AED 913 per sqft.
  • Rented since June 2018 on 2 Ejari contracts, from AED 34,000 to AED 30,000 a year.
  • At AED 30,000 a year the gross yield on the 2009 price is 7.9%, 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 1 March 2020.

Questions about 1402, Siraj Tower

What did unit 1402 last sell for?

AED 379,432 on 6 April 2009, sold by the developer: AED 913 per sqft for 415 sqft. It is the only registered sale of the unit.

What is the rent for unit 1402?

AED 30,000 a year on the contract signed on 1 March 2020. The previous contract, from June 2018, was AED 34,000.

How big is unit 1402?

415 sqft (38.6 sqm): a studio on the 14th floor of a 30-storey tower completed in 2014.

What is unit 1402 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 1402, Siraj Tower

Starts from the last sale price (AED 379K, 6 April 2009). Switch to today's estimate once you have unlocked it.
Price
AED 379,432
Deposit, UAE resident (20%)
AED 75,886
Deposit, non-resident (40%)
AED 151,773
Monthly over 25 years at 3.7%
AED 1,552

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