1605, Siraj Tower
Sold prices and rental history: sold once, by the developer in April 2009, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1605, Siraj Tower
What is 1605 worth today?
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Source: Dubai Land Department. Updated 20 May 2026.
Key facts
- Type
- Studio apartment
- Size
- 412 sqft
- Floor
- 16th of 30
- Parking
- G-15
- Developer
- Al Madar Investment
- Completed
- 2014
- Service charge
- AED 4,100 /yr
- Last sold
- AED 485K · April 2009
- Building
- Siraj Tower
About 1605, Siraj Tower
1605 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. The developer sold it on 7 April 2009 for AED 484,876, or AED 1,176 per sqft, in line with the AED 1,158 studios in the building were fetching at the time.
It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, renewed on 20 May 2026, is AED 40,000 a year: a gross yield of 8.3% on the 2009 price, before the service charge of about AED 4,100 a year.
Sales and rents for 1605 over time
1605 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 1605 sits
All 167 studios →1605 last sold in April 2009 at AED 1,176 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. 1605's AED 40,000 is in the lower 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 | ||
| 1604 | Studio | 412 sqft | AED 410KAED 410,000 · Mar 2023March 2023 | 45,000 /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 |
1605, Siraj Tower in numbers
- Sold once: by Al Madar Investment on 7 April 2009 for AED 484,876, or AED 1,176 per sqft.
- Rented since June 2018 on 8 Ejari contracts. The rent fell from AED 33,600 to AED 20,000 in 2022 and recovered to AED 40,000 by May 2026.
- At AED 40,000 a year the gross yield on the 2009 price is 8.3%, 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 20 May 2026.
Questions about 1605, Siraj Tower
What did unit 1605 last sell for?
AED 484,876 on 7 April 2009, sold by the developer: AED 1,176 per sqft for 412 sqft. It is the only registered sale of the unit.
What is the rent for unit 1605?
AED 40,000 a year on the contract renewed on 20 May 2026. The previous contract, from May 2025, was AED 36,960; the unit has been rented since June 2018.
How big is unit 1605?
412 sqft (38.3 sqm): a studio on the 16th floor of a 30-storey tower completed in 2014.
What is unit 1605 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 1605, Siraj Tower
Starts from the last sale price (AED 485K, 7 April 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 484,876
- Deposit, UAE resident (20%)
- AED 96,975
- Deposit, non-resident (40%)
- AED 193,950
- Monthly over 25 years at 3.7%
- AED 1,984
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →