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

1407, Siraj Tower

Sold prices and rental history: sold once, by the developer in August 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1407 · DLD and Ejari recordsUpdated 18 April 2026
Last soldAED 510K26 August 2024
Current rentAED 50K /yr18 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1407, Siraj Tower

What is 1407 worth today?

Last sold for AED 509,751 in 2024

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18 Apr 2026RentedNew contract
AED 50,000/yr12 months · AED 119 per sqft
26 Aug 2024Sold by developerReady
AED 509,751AED 1,226 per sqft
31 Jan 2024RentedRenewal
AED 34,788/yr10 months · AED 84 per sqft
31 Jan 2023RentedRenewal
AED 31,625/yr12 months · AED 76 per sqft
31 Jan 2022RentedRenewal
AED 27,500/yr12 months · AED 66 per sqft
31 Jan 2021RentedRenewal
AED 27,500/yr12 months · AED 66 per sqft
31 Jan 2020RentedRenewal
AED 38,000/yr12 months · AED 91 per sqft
31 Jan 2019RentedNew contract
AED 42,000/yr12 months · AED 101 per sqft

Source: Dubai Land Department. Updated 18 April 2026.

Key facts

Type
Studio apartment
Size
415 sqft
Floor
14th of 30
Parking
B2-100
Developer
Al Madar Investment
Completed
2014
Service charge
AED 4,100 /yr
Last sold
AED 510K · August 2024
Building
Siraj Tower

About 1407, Siraj Tower

1407 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 26 August 2024 for AED 509,751, or AED 1,226 per sqft, in line with the AED 1,200 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, signed on 18 April 2026, is AED 50,000 a year: a gross yield of 9.8% on the 2024 price, before the service charge of about AED 4,100 a year.

Sales and rents for 1407 over time

Sales
Unit 1407, 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, August 2024: AED 509,751 (AED 1,226 per sqft)

1407 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1407, each contractTypical studio in Siraj Tower
40K2016201920222025Typical 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, April 2018: AED 44,000 a yearNew contract, January 2019: AED 42,000 a yearRenewal, January 2020: AED 38,000 a yearRenewal, January 2021: AED 27,500 a yearRenewal, January 2022: AED 27,500 a yearRenewal, January 2023: AED 31,625 a yearRenewal, January 2024: AED 34,788 a yearNew contract, April 2026: AED 50,000 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 1407 sits

All 167 studios →

1407 last sold in August 2024 at AED 1,226 per sqft, in line with what studios in Siraj Tower were fetching at the time (AED 1,200). 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. 1407's AED 50,000 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
1404StudioAED 395K · Aug 2016
1405StudioAED 342K · Aug 2016
1406StudioAED 415K · May 2009
14081-bedAED 870K · Sep 2024
1–7 of 12

1407, Siraj Tower in numbers

  • Sold once: by Al Madar Investment on 26 August 2024 for AED 509,751, or AED 1,226 per sqft.
  • Rented since April 2018 on 8 Ejari contracts. The rent fell from AED 44,000 to AED 27,500 in 2022 and recovered to AED 50,000 by April 2026.
  • At AED 50,000 a year the gross yield on the 2024 price is 9.8%, 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 18 April 2026.

Questions about 1407, Siraj Tower

What did unit 1407 last sell for?

AED 509,751 on 26 August 2024, sold by the developer: AED 1,226 per sqft for 415 sqft. It is the only registered sale of the unit.

What is the rent for unit 1407?

AED 50,000 a year on the contract signed on 18 April 2026. The previous contract, from January 2024, was AED 34,788; the unit has been rented since April 2018.

How big is unit 1407?

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

What is unit 1407 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 1407, Siraj Tower

Starts from the last sale price (AED 510K, 26 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 509,751
Deposit, UAE resident (20%)
AED 101,950
Deposit, non-resident (40%)
AED 203,900
Monthly over 25 years at 3.7%
AED 2,086

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