1602, Siraj Tower
Sold prices and rental history: sold once, by the developer in April 2009, and rented once, from September 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1602, Siraj Tower
What is 1602 worth today?
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Source: Dubai Land Department. Updated 3 September 2026.
Key facts
- Type
- Studio apartment
- Size
- 415 sqft
- Floor
- 16th of 30
- Parking
- G-81
- Developer
- Al Madar Investment
- Completed
- 2014
- Service charge
- AED 4,100 /yr
- Last sold
- AED 481K · April 2009
- Building
- Siraj Tower
About 1602, Siraj Tower
1602 is a studio of 415 sqft on the 16th floor of Siraj Tower, a 30-storey tower in Arjan completed in 2014 by Al Madar Investment. The developer sold it on 7 April 2009 for AED 481,350, or AED 1,158 per sqft, in line with the AED 1,158 studios in the building were fetching at the time.
One Ejari contract is registered, from 3 September 2026. The current contract, signed on 3 September 2026, is AED 50,000 a year: a gross yield of 10.4% on the 2009 price, before the service charge of about AED 4,100 a year.
Sales and rents for 1602 over time
1602 has sold once; the dashed line is the studio median of each year in the building.
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 1602 sits
All 167 studios →1602 last sold in April 2009 at AED 1,158 per sqft, in line with what studios in Siraj Tower were fetching at the time (AED 1,158). 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. 1602's AED 50,000 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Oct 202627 October 2026 | 415 sqft | 540,000 | 1,299 | ||
| 5 Oct 20265 October 2026 | 412 sqft | 550,000 | 1,334 | ||
| 11 Sep 202611 September 2026 | 415 sqft | 550,000 | 1,323 | ||
| 25 Aug 202625 August 2026 | 415 sqft | 570,000 | 1,371 |
Siraj Tower
Building367 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%
Other units on the 16th floor
All 367 units in Siraj Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 1-bed | 858 sqft | AED 930KAED 930,000 · Oct 2024October 2024 | 47,250 /yr | |
| 1603 | Studio | 415 sqft | AED 485KAED 484,876 · Apr 2009April 2009 | ||
| 1604 | Studio | 412 sqft | AED 410KAED 410,000 · Mar 2023March 2023 | 45,000 /yr | |
| 1605 | Studio | 412 sqft | AED 485KAED 484,876 · Apr 2009April 2009 | 40,000 /yr | |
| 1606 | Studio | 415 sqft | AED 560KAED 560,000 · Mar 2026March 2026 | 45,000 /yr | |
| 1607 | Studio | 415 sqft | AED 480KAED 480,000 · Dec 2016December 2016 | 30,000 /yr | |
| 1608 | 1-bed | 858 sqft | AED 913KAED 913,000 · May 2025May 2025 | 72,000 /yr | |
| 1609 | 1-bed | 811 sqft | AED 705KAED 705,152 · Jun 2016June 2016 | 65,000 /yr | |
| 1610 | 2-bed | 1,414 sqft | AED 1.21MAED 1,210,300 · May 2024May 2024 | 65,000 /yr | |
| 1611 | 3-bed | 2,015 sqft | AED 1.93MAED 1,931,000 · Nov 2024November 2024 | 90,405 /yr | |
| 1612 | 2-bed | 1,414 sqft | AED 1.27MAED 1,274,000 · Jul 2024July 2024 | 66,675 /yr | |
| 1613 | 1-bed | 811 sqft | AED 400KAED 400,000 · Aug 2016August 2016 | 61,000 /yr |
1602, Siraj Tower in numbers
- Sold once: by Al Madar Investment on 7 April 2009 for AED 481,350, or AED 1,158 per sqft.
- Rented since September 2026 on one Ejari contract, at AED 50,000 a year.
- At AED 50,000 a year the gross yield on the 2009 price is 10.4%, 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 3 September 2026.
Questions about 1602, Siraj Tower
What did unit 1602 last sell for?
AED 481,350 on 7 April 2009, sold by the developer: AED 1,158 per sqft for 415 sqft. It is the only registered sale of the unit.
What is the rent for unit 1602?
AED 50,000 a year on the contract signed on 3 September 2026.
How big is unit 1602?
415 sqft (38.6 sqm): a studio on the 16th floor of a 30-storey tower completed in 2014.
What is unit 1602 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 1602, Siraj Tower
Starts from the last sale price (AED 481K, 7 April 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 481,350
- Deposit, UAE resident (20%)
- AED 96,270
- Deposit, non-resident (40%)
- AED 192,540
- Monthly over 25 years at 3.7%
- AED 1,969
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →