2-bed · 1,414 sqftSiraj Tower, Arjan · 24th floor · completed 2014

2412, Siraj Tower

Sold prices and rental history: no registered sale, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2412 · DLD and Ejari recordsUpdated 15 June 2024
Current rentAED 70K /yr15 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2412, Siraj Tower

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15 Jun 2024RentedRenewal
AED 70,291/yr10 months · AED 50 per sqft
15 Jun 2023RentedRenewal
AED 67,000/yr12 months · AED 47 per sqft
15 Jun 2022RentedNew contract
AED 67,000/yr12 months · AED 47 per sqft
6 Jan 2021RentedNew contract
AED 62,000/yr12 months · AED 44 per sqft
1 Aug 2019RentedRenewal
AED 85,500/yr12 months · AED 60 per sqft
1 Aug 2018RentedRenewal
AED 87,000/yr12 months · AED 62 per sqft
1 Sep 2017RentedRenewal
AED 104,182/yr11 months · AED 74 per sqft
1 Aug 2016RentedNew contract
AED 88,154/yr13 months · AED 62 per sqft

Source: Dubai Land Department. Updated 15 June 2024.

Key facts

Type
2-bed apartment
Size
1,414 sqft
Floor
24th of 30
Parking
B1-117
Developer
Al Madar Investment
Completed
2014
Service charge
AED 13,900 /yr
Last sold
No registered sale
Building
Siraj Tower

About 2412, Siraj Tower

2412 is a two-bedroom apartment of 1,414 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 2016 on 8 Ejari contracts. The current contract, renewed on 15 June 2024, is AED 70,291 a year, before the service charge of about AED 13,900 a year.

Sales and rents for 2412 over time

Sales
Unit 2412, each saleTypical two-bed in Siraj Tower
1.3M1.4M1.5M2009201420192024Typical sale price by year: 2009 AED 1,436,357; 2024 AED 1,300,000; 2025 AED 1,450,000; 2026 AED 1,500,000

No registered sale of 2412; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2412, each contractTypical two-bed in Siraj Tower
60K80K100K2016201920222025Typical rent by year: 2016 AED 91,000; 2017 AED 91,000; 2018 AED 86,250; 2019 AED 82,000; 2020 AED 72,000; 2021 AED 64,000; 2022 AED 64,500; 2023 AED 67,200; 2024 AED 74,074; 2025 AED 102,000; 2026 AED 103,000New contract, August 2016: AED 88,154 a yearRenewal, September 2017: AED 104,182 a yearRenewal, August 2018: AED 87,000 a yearRenewal, August 2019: AED 85,500 a yearNew contract, January 2021: AED 62,000 a yearNew contract, June 2022: AED 67,000 a yearRenewal, June 2023: AED 67,000 a yearRenewal, June 2024: AED 70,291 a year

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

2-beds in Siraj Tower, and where 2412 sits

All 58 2-beds →

Over the last 12 months two-beds sold for AED 1,450,000 to 1,570,000, around AED 1,045 per sqft, and rent for AED 90,000 to 120,000 a year. 2412's AED 70,291 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
6 Oct 20261,570,000
19 Jun 20261,450,000
17 Feb 20261,500,000
9 Dec 20251,451,000
5 2-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 24th floor

All 367 units in Siraj Tower
Value
24011-bedNo registered sale
2402StudioNo registered sale
2403StudioNo registered sale
2404StudioNo registered sale
2405StudioNo registered sale
2406StudioNo registered sale
2407StudioNo registered sale
1–7 of 12

2412, Siraj Tower in numbers

  • No sale of the unit is registered with the Dubai Land Department.
  • Rented since August 2016 on 8 Ejari contracts. The rent fell from AED 88,154 to AED 62,000 in 2021 and recovered to AED 70,291 by June 2024.
  • Two-beds in Siraj Tower sold for AED 1,450,000–1,570,000 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 15 June 2024.

Questions about 2412, Siraj Tower

What is the rent for unit 2412?

AED 70,291 a year on the contract renewed on 15 June 2024. The previous contract, from June 2023, was AED 67,000; the unit has been rented since August 2016.

How big is unit 2412?

1,414 sqft (131.4 sqm): a two-bedroom apartment on the 24th floor of a 30-storey tower completed in 2014.

What is unit 2412 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Siraj Tower sold for AED 1,450,000 to 1,570,000 in the last 12 months, around AED 1,045 per sqft.

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