Studio · 415 sqftSiraj Tower, Arjan · 24th floor · completed 2014

2402, Siraj Tower

Sold prices and rental history: no registered sale, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2402 · DLD and Ejari recordsUpdated 21 June 2024
Current rentAED 42K /yr21 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2402, Siraj Tower

What is 2402 worth today?

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21 Jun 2024RentedRenewal
AED 41,800/yr12 months · AED 101 per sqft
21 Jun 2023RentedNew contract
AED 38,000/yr12 months · AED 91 per sqft
28 Oct 2022RentedNew contract
AED 32,000/yr12 months · AED 77 per sqft
28 Sep 2021RentedRenewal
AED 26,000/yr13 months · AED 63 per sqft
28 Aug 2020RentedRenewal
AED 32,000/yr13 months · AED 77 per sqft
28 Aug 2019RentedNew contract
AED 32,000/yr12 months · AED 77 per sqft

Source: Dubai Land Department. Updated 21 June 2024.

Key facts

Type
Studio apartment
Size
415 sqft
Floor
24th of 30
Parking
B1-108
Developer
Al Madar Investment
Completed
2014
Service charge
AED 4,100 /yr
Last sold
No registered sale
Building
Siraj Tower

About 2402, Siraj Tower

2402 is a studio of 415 sqft on the 24th floor of Siraj Tower, a 30-storey tower in Arjan completed in 2014 by Al Madar Investment. No sale of the unit is registered with the Dubai Land Department.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, renewed on 21 June 2024, is AED 41,800 a year, before the service charge of about AED 4,100 a year.

Sales and rents for 2402 over time

Sales
Unit 2402, 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 550,000

No registered sale of 2402; the dashed line is the studio median of each year in the building.

Rents
Unit 2402, 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, August 2019: AED 32,000 a yearRenewal, August 2020: AED 32,000 a yearRenewal, September 2021: AED 26,000 a yearNew contract, October 2022: AED 32,000 a yearNew contract, June 2023: AED 38,000 a yearRenewal, June 2024: AED 41,800 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 2402 sits

All 167 studios →

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. 2402's AED 41,800 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
27 Oct 2026540,000
5 Oct 2026550,000
11 Sep 2026550,000
25 Aug 2026570,000
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 24th floor

All 367 units in Siraj Tower
Value
24011-bedNo registered sale
2403StudioNo registered sale
2404StudioNo registered sale
2405StudioNo registered sale
2406StudioNo registered sale
2407StudioNo registered sale
24081-bedNo registered sale
1–7 of 12

2402, Siraj Tower in numbers

  • No sale of the unit is registered with the Dubai Land Department.
  • Rented since August 2019 on 6 Ejari contracts. The rent fell from AED 32,000 to AED 26,000 in 2021 and recovered to AED 41,800 by June 2024.
  • 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 21 June 2024.

Questions about 2402, Siraj Tower

What is the rent for unit 2402?

AED 41,800 a year on the contract renewed on 21 June 2024. The previous contract, from June 2023, was AED 38,000; the unit has been rented since August 2019.

How big is unit 2402?

415 sqft (38.6 sqm): a studio on the 24th floor of a 30-storey tower completed in 2014.

What is unit 2402 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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