1604, Siraj Tower
Sold prices and rental history: sold 4 times, last in March 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1604, Siraj Tower
What is 1604 worth today?
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Source: Dubai Land Department. Updated 16 September 2025.
Key facts
- Type
- Studio apartment
- Size
- 412 sqft
- Floor
- 16th of 30
- Parking
- G-16
- Developer
- Al Madar Investment
- Completed
- 2014
- Service charge
- AED 4,100 /yr
- Last sold
- AED 410K · March 2023
- Building
- Siraj Tower
About 1604, Siraj Tower
1604 is a studio of 412 sqft on the 16th floor of Siraj Tower, a 30-storey tower in Arjan completed in 2014 by Al Madar Investment. It last sold on 27 March 2023 for AED 410,000, or AED 994 per sqft, 22% above the AED 818 studios in the building were fetching at the time.
It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 16 September 2025, is AED 45,000 a year: a gross yield of 11.0% on the 2023 price, before the service charge of about AED 4,100 a year.
Sales and rents for 1604 over time
1604 has sold 4 times; 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 1604 sits
All 167 studios →1604 last sold in March 2023 at AED 994 per sqft, 22% above what studios in Siraj Tower were fetching at the time (AED 818). 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. 1604's AED 45,000 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 | |
| 1602 | Studio | 415 sqft | AED 481KAED 481,350 · Apr 2009April 2009 | 50,000 /yr | |
| 1603 | Studio | 415 sqft | AED 485KAED 484,876 · Apr 2009April 2009 | ||
| 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 |
1604, Siraj Tower in numbers
- Sold 4 times: first on 7 April 2009 for AED 484,876, last on 27 March 2023 for AED 410,000 (AED 994 per sqft).
- Rented since May 2019 on 4 Ejari contracts, from AED 30,000 to AED 45,000 a year.
- At AED 45,000 a year the gross yield on the 2023 price is 11.0%, 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 16 September 2025.
Questions about 1604, Siraj Tower
What did unit 1604 last sell for?
AED 410,000 on 27 March 2023: AED 994 per sqft for 412 sqft. The unit has 4 registered sales; the first was AED 484,876 in April 2009.
What is the rent for unit 1604?
AED 45,000 a year on the contract signed on 16 September 2025. The previous contract, from September 2024, was AED 44,000; the unit has been rented since May 2019.
How big is unit 1604?
412 sqft (38.3 sqm): a studio on the 16th floor of a 30-storey tower completed in 2014.
What is unit 1604 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 1604, Siraj Tower
Starts from the last sale price (AED 410K, 27 March 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 410,000
- Deposit, UAE resident (20%)
- AED 82,000
- Deposit, non-resident (40%)
- AED 164,000
- Monthly over 25 years at 3.7%
- AED 1,677
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →