Studio · 412 sqftSiraj Tower, Arjan · 14th floor · completed 2014

1404, Siraj Tower

Sold prices and rental history: sold twice, last in August 2016, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1404 · DLD and Ejari recordsUpdated 20 May 2025
Last soldAED 395K29 August 2016
Current rentAED 45K /yr20 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1404, Siraj Tower

What is 1404 worth today?

Last sold for AED 395,000 in 2016

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20 May 2025RentedNew contract
AED 45,000/yr12 months · AED 110 per sqft
19 Mar 2024RentedRenewal
AED 34,650/yr12 months · AED 85 per sqft
19 Mar 2023RentedNew contract
AED 33,000/yr12 months · AED 81 per sqft
19 Mar 2022RentedNew contract
AED 26,000/yr12 months · AED 64 per sqft
5 Oct 2020RentedNew contract
AED 18,000/yr12 months · AED 44 per sqft
1 Jul 2019RentedNew contract
AED 30,000/yr12 months · AED 73 per sqft
1 Jun 2018RentedNew contract
AED 38,000/yr12 months · AED 92 per sqft
1 Oct 2017RentedNew contract
AED 41,000/yr12 months · AED 100 per sqft

Source: Dubai Land Department. Updated 20 May 2025.

Key facts

Type
Studio apartment
Size
412 sqft
Floor
14th of 30
Parking
G-24
Developer
Al Madar Investment
Completed
2014
Service charge
AED 4,100 /yr
Last sold
AED 395K · August 2016
Building
Siraj Tower

About 1404, Siraj Tower

1404 is a studio of 412 sqft on the 14th floor of Siraj Tower, a 30-storey tower in Arjan completed in 2014 by Al Madar Investment. It last sold on 29 August 2016 for AED 395,000, or AED 958 per sqft, 46% above the AED 654 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, signed on 20 May 2025, is AED 45,000 a year: a gross yield of 11.4% on the 2016 price, before the service charge of about AED 4,100 a year.

Sales and rents for 1404 over time

Sales
Unit 1404, 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 397,500 (AED 964 per sqft)Sold, August 2016: AED 395,000 (AED 958 per sqft)

1404 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1404, each contractTypical studio in Siraj Tower
20K40K2016201920222025Typical 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, October 2017: AED 41,000 a yearNew contract, June 2018: AED 38,000 a yearNew contract, July 2019: AED 30,000 a yearNew contract, October 2020: AED 18,000 a yearNew contract, March 2022: AED 26,000 a yearNew contract, March 2023: AED 33,000 a yearRenewal, March 2024: AED 34,650 a yearNew contract, May 2025: AED 45,000 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 1404 sits

All 167 studios →

1404 last sold in August 2016 at AED 958 per sqft, 46% above what studios in Siraj Tower were fetching at the time (AED 654). 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. 1404's AED 45,000 is in the upper 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
1402StudioAED 379K · Apr 2009
1403StudioAED 344K · Aug 2016
1405StudioAED 342K · Aug 2016
1406StudioAED 415K · May 2009
1407StudioAED 510K · Aug 2024
14081-bedAED 870K · Sep 2024
1–7 of 12

1404, Siraj Tower in numbers

  • Sold twice: first on 6 April 2009 for AED 397,500, last on 29 August 2016 for AED 395,000 (AED 958 per sqft).
  • Rented since October 2017 on 8 Ejari contracts. The rent fell from AED 41,000 to AED 18,000 in 2020 and recovered to AED 45,000 by May 2025.
  • At AED 45,000 a year the gross yield on the 2016 price is 11.4%, 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 20 May 2025.

Questions about 1404, Siraj Tower

What did unit 1404 last sell for?

AED 395,000 on 29 August 2016: AED 958 per sqft for 412 sqft. The unit has 2 registered sales; the first was AED 397,500 in April 2009.

What is the rent for unit 1404?

AED 45,000 a year on the contract signed on 20 May 2025. The previous contract, from March 2024, was AED 34,650; the unit has been rented since October 2017.

How big is unit 1404?

412 sqft (38.3 sqm): a studio on the 14th floor of a 30-storey tower completed in 2014.

What is unit 1404 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 1404, Siraj Tower

Starts from the last sale price (AED 395K, 29 August 2016). Switch to today's estimate once you have unlocked it.
Price
AED 395,000
Deposit, UAE resident (20%)
AED 79,000
Deposit, non-resident (40%)
AED 158,000
Monthly over 25 years at 3.7%
AED 1,616

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