2-bed · 1,411 sqftSiraj Tower, Arjan · 14th floor · completed 2014

1412, 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 1412 · DLD and Ejari recordsUpdated 26 August 2024
Last soldAED 1.24M26 August 2024
Current rentAED 66K /yr6 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1412, Siraj Tower

What is 1412 worth today?

Last sold for AED 1,235,970 in 2024

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26 Aug 2024Sold by developerReady
AED 1,235,970AED 875 per sqft
6 Mar 2024RentedRenewal
AED 65,994/yr9 months · AED 47 per sqft
6 Mar 2023RentedRenewal
AED 65,624/yr12 months · AED 46 per sqft
6 Sep 2022RentedRenewal
AED 65,000/yr6 months · AED 46 per sqft
6 Mar 2022RentedRenewal
AED 62,500/yr6 months · AED 44 per sqft
6 Mar 2021RentedRenewal
AED 62,500/yr12 months · AED 44 per sqft
6 Mar 2020RentedRenewal
AED 72,000/yr12 months · AED 51 per sqft
6 Sep 2019RentedRenewal
AED 95,500/yr6 months · AED 68 per sqft

Source: Dubai Land Department. Updated 26 August 2024.

Key facts

Type
2-bed apartment
Size
1,411 sqft
Floor
14th of 30
Parking
B1-25
Developer
Al Madar Investment
Completed
2014
Service charge
AED 13,900 /yr
Last sold
AED 1.24M · August 2024
Building
Siraj Tower

About 1412, Siraj Tower

1412 is a two-bedroom apartment of 1,411 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 1,235,970, or AED 875 per sqft, in line with the AED 878 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 10 Ejari contracts. The current contract, renewed on 6 March 2024, is AED 65,994 a year: a gross yield of 5.3% on the 2024 price, before the service charge of about AED 13,900 a year.

Sales and rents for 1412 over time

Sales
Unit 1412, each saleTypical two-bed in Siraj Tower
1.2M1.4M2009201420192024Typical 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, August 2024: AED 1,235,970 (AED 875 per sqft)

1412 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1412, 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 yearRenewal, August 2017: AED 91,000 a yearNew contract, September 2018: AED 85,500 a yearRenewal, September 2019: AED 95,500 a yearRenewal, March 2020: AED 72,000 a yearRenewal, March 2021: AED 62,500 a yearRenewal, March 2022: AED 62,500 a yearRenewal, September 2022: AED 65,000 a yearRenewal, March 2023: AED 65,624 a yearRenewal, March 2024: AED 65,994 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 1412 sits

All 58 2-beds →

1412 last sold in August 2024 at AED 875 per sqft, in line with what two-beds in Siraj Tower were fetching at the time (AED 878). 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. 1412's AED 65,994 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 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

1412, Siraj Tower in numbers

  • Sold once: by Al Madar Investment on 26 August 2024 for AED 1,235,970, or AED 875 per sqft.
  • Rented since August 2016 on 10 Ejari contracts, from AED 91,000 to AED 65,994 a year.
  • At AED 65,994 a year the gross yield on the 2024 price is 5.3%, 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 26 August 2024.

Questions about 1412, Siraj Tower

What did unit 1412 last sell for?

AED 1,235,970 on 26 August 2024, sold by the developer: AED 875 per sqft for 1,411 sqft. It is the only registered sale of the unit.

What is the rent for unit 1412?

AED 65,994 a year on the contract renewed on 6 March 2024. The previous contract, from March 2023, was AED 65,624; the unit has been rented since August 2016.

How big is unit 1412?

1,411 sqft (131.1 sqm): a two-bedroom apartment on the 14th floor of a 30-storey tower completed in 2014.

What is unit 1412 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 1412, Siraj Tower

Starts from the last sale price (AED 1.24M, 26 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,235,970
Deposit, UAE resident (20%)
AED 247,194
Deposit, non-resident (40%)
AED 494,388
Monthly over 25 years at 3.7%
AED 5,057

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