1607, Siraj Tower
Sold prices and rental history: sold twice, last in December 2016, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1607, Siraj Tower
What is 1607 worth today?
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Source: Dubai Land Department. Updated 8 August 2025.
Key facts
- Type
- Studio apartment
- Size
- 415 sqft
- Floor
- 16th of 30
- Parking
- G-13
- Developer
- Al Madar Investment
- Completed
- 2014
- Service charge
- AED 4,100 /yr
- Last sold
- AED 480K · December 2016
- Building
- Siraj Tower
About 1607, Siraj Tower
1607 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. It last sold on 4 December 2016 for AED 480,000, or AED 1,155 per sqft, 39% above the AED 829 studios in the building were fetching at the time.
It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, signed on 8 August 2025, is AED 30,000 a year: a gross yield of 6.3% on the 2016 price, before the service charge of about AED 4,100 a year.
Sales and rents for 1607 over time
1607 has sold twice; 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 1607 sits
All 167 studios →1607 last sold in December 2016 at AED 1,155 per sqft, 39% above what studios in Siraj Tower were fetching at the time (AED 829). 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. 1607's AED 30,000 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 | |
| 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 | |
| 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 |
1607, Siraj Tower in numbers
- Sold twice: first on 7 April 2009 for AED 481,350, last on 4 December 2016 for AED 480,000 (AED 1,155 per sqft).
- Rented since January 2017 on 7 Ejari contracts, from AED 42,000 to AED 30,000 a year.
- At AED 30,000 a year the gross yield on the 2016 price is 6.3%, 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 8 August 2025.
Questions about 1607, Siraj Tower
What did unit 1607 last sell for?
AED 480,000 on 4 December 2016: AED 1,155 per sqft for 415 sqft. The unit has 2 registered sales; the first was AED 481,350 in April 2009.
What is the rent for unit 1607?
AED 30,000 a year on the contract signed on 8 August 2025. The previous contract, from December 2023, was AED 56,400; the unit has been rented since January 2017.
How big is unit 1607?
415 sqft (38.6 sqm): a studio on the 16th floor of a 30-storey tower completed in 2014.
What is unit 1607 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 1607, Siraj Tower
Starts from the last sale price (AED 480K, 4 December 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 480,000
- Deposit, UAE resident (20%)
- AED 96,000
- Deposit, non-resident (40%)
- AED 192,000
- Monthly over 25 years at 3.7%
- AED 1,964
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →