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

2403, Siraj Tower

Sold prices and rental history: no registered sale, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2403 · DLD and Ejari recordsUpdated 11 July 2024
Current rentAED 38K /yr11 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2403, Siraj Tower

What is 2403 worth today?

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11 Jul 2024RentedRenewal
AED 37,837/yr9 months · AED 91 per sqft
11 Jul 2023RentedRenewal
AED 32,890/yr12 months · AED 79 per sqft
11 Jul 2022RentedRenewal
AED 29,900/yr12 months · AED 72 per sqft
11 May 2021RentedNew contract
AED 22,286/yr14 months · AED 54 per sqft
18 Sep 2019RentedNew contract
AED 32,000/yr12 months · AED 77 per sqft
30 Jan 2018RentedNew contract
AED 41,000/yr12 months · AED 99 per sqft

Source: Dubai Land Department. Updated 11 July 2024.

Key facts

Type
Studio apartment
Size
415 sqft
Floor
24th of 30
Parking
B1-109
Developer
Al Madar Investment
Completed
2014
Service charge
AED 4,100 /yr
Last sold
No registered sale
Building
Siraj Tower

About 2403, Siraj Tower

2403 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 2018 on 6 Ejari contracts. The current contract, renewed on 11 July 2024, is AED 37,837 a year, before the service charge of about AED 4,100 a year.

Sales and rents for 2403 over time

Sales
Unit 2403, 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 2403; the dashed line is the studio median of each year in the building.

Rents
Unit 2403, each contractTypical studio in Siraj Tower
20K40K2016201920222025Typical 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, January 2018: AED 41,000 a yearNew contract, September 2019: AED 32,000 a yearNew contract, May 2021: AED 22,286 a yearRenewal, July 2022: AED 29,900 a yearRenewal, July 2023: AED 32,890 a yearRenewal, July 2024: AED 37,837 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 2403 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. 2403's AED 37,837 is in the lower 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
2402StudioNo registered sale
2404StudioNo registered sale
2405StudioNo registered sale
2406StudioNo registered sale
2407StudioNo registered sale
24081-bedNo registered sale
1–7 of 12

2403, Siraj Tower in numbers

  • No sale of the unit is registered with the Dubai Land Department.
  • Rented since January 2018 on 6 Ejari contracts. The rent fell from AED 41,000 to AED 22,286 in 2021 and recovered to AED 37,837 by July 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 11 July 2024.

Questions about 2403, Siraj Tower

What is the rent for unit 2403?

AED 37,837 a year on the contract renewed on 11 July 2024. The previous contract, from July 2023, was AED 32,890; the unit has been rented since January 2018.

How big is unit 2403?

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

What is unit 2403 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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