3-bed · 2,013 sqftSiraj Tower, Arjan · 14th floor · completed 2014

1411, Siraj Tower

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

Unit 1411 · DLD and Ejari recordsUpdated 30 August 2024
Last soldAED 1.78M30 August 2024
Current rentAED 100K /yr1 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1411, Siraj Tower

What is 1411 worth today?

Last sold for AED 1,780,000 in 2024

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30 Aug 2024Sold by developerReady
AED 1,780,000AED 884 per sqft
1 Aug 2023RentedNew contract
AED 100,000/yr12 months · AED 50 per sqft
19 Jan 2022RentedRenewal
AED 73,156/yr18 months · AED 36 per sqft
19 Jul 2021RentedNew contract
AED 68,584/yr6 months · AED 34 per sqft
5 Jan 2021RentedNew contract
AED 83,500/yr6 months · AED 41 per sqft
17 Nov 2019RentedNew contract
AED 87,000/yr12 months · AED 43 per sqft
19 Oct 2018RentedRenewal
AED 110,000/yr12 months · AED 55 per sqft
19 Oct 2017RentedNew contract
AED 115,500/yr12 months · AED 57 per sqft

Source: Dubai Land Department. Updated 30 August 2024.

Key facts

Type
3-bed apartment
Size
2,013 sqft
Floor
14th of 30
Parking
B1-26
Developer
Al Madar Investment
Completed
2014
Service charge
AED 19,900 /yr
Last sold
AED 1.78M · August 2024
Building
Siraj Tower

About 1411, Siraj Tower

1411 is a three-bedroom apartment of 2,013 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 30 August 2024 for AED 1,780,000, or AED 884 per sqft, in line with the AED 883 three-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, signed on 1 August 2023, is AED 100,000 a year: a gross yield of 5.6% on the 2024 price, before the service charge of about AED 19,900 a year.

Sales and rents for 1411 over time

Sales
Unit 1411, 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, August 2024: AED 1,780,000 (AED 884 per sqft)

1411 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1411, 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 2016: AED 135,000 a yearNew contract, October 2017: AED 115,500 a yearRenewal, October 2018: AED 110,000 a yearNew contract, November 2019: AED 87,000 a yearNew contract, January 2021: AED 83,500 a yearNew contract, July 2021: AED 68,584 a yearRenewal, January 2022: AED 73,156 a yearNew contract, August 2023: AED 100,000 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 1411 sits

All 29 3-beds →

1411 last sold in August 2024 at AED 884 per sqft, in line with what three-beds in Siraj Tower were fetching at the time (AED 883). 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. 1411's AED 100,000 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 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
1407StudioAED 510K · Aug 2024
1–7 of 12

1411, Siraj Tower in numbers

  • Sold once: by Al Madar Investment on 30 August 2024 for AED 1,780,000, or AED 884 per sqft.
  • Rented since August 2016 on 8 Ejari contracts. The rent fell from AED 135,000 to AED 68,584 in 2021 and recovered to AED 100,000 by August 2023.
  • At AED 100,000 a year the gross yield on the 2024 price is 5.6%, 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 30 August 2024.

Questions about 1411, Siraj Tower

What did unit 1411 last sell for?

AED 1,780,000 on 30 August 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 1411?

AED 100,000 a year on the contract signed on 1 August 2023. The previous contract, from January 2022, was AED 73,156; the unit has been rented since August 2016.

How big is unit 1411?

2,013 sqft (187.0 sqm): a three-bedroom apartment on the 14th floor of a 30-storey tower completed in 2014.

What is unit 1411 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 1411, Siraj Tower

Starts from the last sale price (AED 1.78M, 30 August 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 →