1-bed · 811 sqftSiraj Tower, Arjan · 16th floor · completed 2014

1609, Siraj Tower

Sold prices and rental history: sold once, by the developer in June 2016, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1609 · DLD and Ejari recordsUpdated 13 June 2026
Last soldAED 705K29 June 2016
Current rentAED 65K /yr13 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1609, Siraj Tower

What is 1609 worth today?

Last sold for AED 705,152 in 2016

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13 Jun 2026RentedNew contract
AED 65,000/yr12 months · AED 81 per sqft
10 Jun 2024RentedNew contract
AED 60,000/yr24 months · AED 74 per sqft
29 Jun 2016Sold by developerOff-plan
AED 705,152AED 869 per sqft

Source: Dubai Land Department. Updated 13 June 2026.

Key facts

Type
1-bed apartment
Size
811 sqft
Floor
16th of 30
Parking
G-12
Developer
Al Madar Investment
Completed
2014
Service charge
AED 8,000 /yr
Last sold
AED 705K · June 2016
Building
Siraj Tower

About 1609, Siraj Tower

1609 is a one-bedroom apartment of 811 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 29 June 2016 for AED 705,152, or AED 869 per sqft, 86% above the AED 468 one-beds in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 13 June 2026, is AED 65,000 a year: a gross yield of 9.2% on the 2016 price, before the service charge of about AED 8,000 a year.

Sales and rents for 1609 over time

Sales
Unit 1609, each saleTypical one-bed in Siraj Tower
0500K1M2009201420192024Typical sale price by year: 2009 AED 910,060; 2016 AED 138,586; 2023 AED 660,000; 2024 AED 840,000; 2025 AED 890,000; 2026 AED 958,000Sold by developer, June 2016: AED 705,152 (AED 869 per sqft)

1609 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1609, each contractTypical one-bed in Siraj Tower
40K60K2016201920222025Typical rent by year: 2016 AED 64,500; 2017 AED 64,500; 2018 AED 66,000; 2019 AED 52,000; 2020 AED 47,000; 2021 AED 41,500; 2022 AED 45,000; 2023 AED 48,400; 2024 AED 60,000; 2025 AED 70,000; 2026 AED 67,000New contract, June 2024: AED 60,000 a yearNew contract, June 2026: AED 65,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Siraj Tower, and where 1609 sits

All 113 1-beds →

1609 last sold in June 2016 at AED 869 per sqft, 86% above what one-beds in Siraj Tower were fetching at the time (AED 468). Over the last 12 months one-beds sold for AED 800,000 to 1,050,000, around AED 1,109 per sqft, and rent for AED 38,000 to 89,519 a year. 1609's AED 65,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
27 Jul 2026800,000
10 Jul 20261,000,000
17 Jun 2026850,000
4 May 2026800,000
21 1-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 16th floor

All 367 units in Siraj Tower
Value
16011-bedAED 930K · Oct 2024
1602StudioAED 481K · Apr 2009
1603StudioAED 485K · Apr 2009
1604StudioAED 410K · Mar 2023
1605StudioAED 485K · Apr 2009
1606StudioAED 560K · Mar 2026
1607StudioAED 480K · Dec 2016
1–7 of 12

1609, Siraj Tower in numbers

  • Sold once: by Al Madar Investment on 29 June 2016 for AED 705,152, or AED 869 per sqft.
  • Rented since June 2024 on 2 Ejari contracts, from AED 60,000 to AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2016 price is 9.2%, before a service charge of about AED 8,000 a year (AED 9.86 per sqft).
  • One-beds in Siraj Tower sold for AED 800,000–1,050,000 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 13 June 2026.

Questions about 1609, Siraj Tower

What did unit 1609 last sell for?

AED 705,152 on 29 June 2016, sold by the developer: AED 869 per sqft for 811 sqft. It is the only registered sale of the unit.

What is the rent for unit 1609?

AED 65,000 a year on the contract signed on 13 June 2026. The previous contract, from June 2024, was AED 60,000.

How big is unit 1609?

811 sqft (75.3 sqm): a one-bedroom apartment on the 16th floor of a 30-storey tower completed in 2014.

What is unit 1609 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Siraj Tower sold for AED 800,000 to 1,050,000 in the last 12 months, around AED 1,109 per sqft.

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Mortgage on 1609, Siraj Tower

Starts from the last sale price (AED 705K, 29 June 2016). Switch to today's estimate once you have unlocked it.
Price
AED 705,152
Deposit, UAE resident (20%)
AED 141,030
Deposit, non-resident (40%)
AED 282,061
Monthly over 25 years at 3.7%
AED 2,885

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