Studio · 415 sqftSiraj Tower, Arjan · 17th floor · completed 2014

1703, Siraj Tower

Sold prices and rental history: sold once, by the developer in September 2026, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1703 · DLD and Ejari recordsUpdated 11 September 2026
Last soldAED 550K11 September 2026
Current rentAED 41K /yr6 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1703, Siraj Tower

What is 1703 worth today?

Last sold for AED 550,000 in 2026

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11 Sep 2026Sold by developerReady
AED 550,000AED 1,323 per sqft
6 Oct 2024RentedRenewal
AED 40,950/yr9 months · AED 99 per sqft
6 Oct 2023RentedNew contract
AED 39,000/yr12 months · AED 94 per sqft
8 Apr 2022RentedNew contract
AED 30,000/yr12 months · AED 72 per sqft
1 Apr 2021RentedNew contract
AED 26,000/yr12 months · AED 63 per sqft
15 Sep 2019RentedNew contract
AED 32,000/yr12 months · AED 77 per sqft

Source: Dubai Land Department. Updated 11 September 2026.

Key facts

Type
Studio apartment
Size
415 sqft
Floor
17th of 30
Parking
B1-14
Developer
Al Madar Investment
Completed
2014
Service charge
AED 4,100 /yr
Last sold
AED 550K · September 2026
Building
Siraj Tower

About 1703, Siraj Tower

1703 is a studio of 415 sqft on the 17th floor of Siraj Tower, a 30-storey tower in Arjan completed in 2014 by Al Madar Investment. The developer sold it on 11 September 2026 for AED 550,000, or AED 1,323 per sqft, in line with the AED 1,323 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 6 October 2024, is AED 40,950 a year: a gross yield of 7.4% on the 2026 price, before the service charge of about AED 4,100 a year.

Sales and rents for 1703 over time

Sales
Unit 1703, each saleTypical studio in Siraj Tower
500K2009201420192024Typical sale price by year: 2009 AED 441,787; 2010 AED 456,000; 2016 AED 369,524; 2017 AED 855,465; 2019 AED 295,000; 2022 AED 327,500; 2023 AED 337,500; 2024 AED 500,000; 2025 AED 544,000; 2026 AED 550,000Sold by developer, September 2026: AED 550,000 (AED 1,323 per sqft)

1703 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1703, each contractTypical studio in Siraj Tower
30K40K2016201920222025Typical rent by year: 2016 AED 44,000; 2017 AED 41,000; 2018 AED 41,000; 2019 AED 34,000; 2020 AED 29,000; 2021 AED 26,000; 2022 AED 29,900; 2023 AED 33,018; 2024 AED 40,000; 2025 AED 45,000; 2026 AED 40,000New contract, September 2019: AED 32,000 a yearNew contract, April 2021: AED 26,000 a yearNew contract, April 2022: AED 30,000 a yearNew contract, October 2023: AED 39,000 a yearRenewal, October 2024: AED 40,950 a year

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 1703 sits

All 167 studios →

1703 last sold in September 2026 at AED 1,323 per sqft, in line with what studios in Siraj Tower were fetching at the time (AED 1,323). 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. 1703's AED 40,950 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
27 Oct 2026540,000
5 Oct 2026550,000
25 Aug 2026570,000
18 Aug 2026550,000
30 studio 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 17th floor

All 367 units in Siraj Tower
Value
17011-bedNo registered sale
1702StudioNo registered sale
1704StudioAED 550K · Oct 2026
1705StudioNo registered sale
1706StudioNo registered sale
1707StudioNo registered sale
17081-bedNo registered sale
1–7 of 12

1703, Siraj Tower in numbers

  • Sold once: by Al Madar Investment on 11 September 2026 for AED 550,000, or AED 1,323 per sqft.
  • Rented since September 2019 on 5 Ejari contracts. The rent fell from AED 32,000 to AED 26,000 in 2021 and recovered to AED 40,950 by October 2024.
  • At AED 40,950 a year the gross yield on the 2026 price is 7.4%, 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 11 September 2026.

Questions about 1703, Siraj Tower

What did unit 1703 last sell for?

AED 550,000 on 11 September 2026, sold by the developer: AED 1,323 per sqft for 415 sqft. It is the only registered sale of the unit.

What is the rent for unit 1703?

AED 40,950 a year on the contract renewed on 6 October 2024. The previous contract, from October 2023, was AED 39,000; the unit has been rented since September 2019.

How big is unit 1703?

415 sqft (38.6 sqm): a studio on the 17th floor of a 30-storey tower completed in 2014.

What is unit 1703 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 1703, Siraj Tower

Starts from the last sale price (AED 550K, 11 September 2026). Switch to today's estimate once you have unlocked it.
Price
AED 550,000
Deposit, UAE resident (20%)
AED 110,000
Deposit, non-resident (40%)
AED 220,000
Monthly over 25 years at 3.7%
AED 2,250

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