Studio · 412 sqftSiraj Tower, Arjan · 29th floor · completed 2014

2904, Siraj Tower

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

Unit 2904 · DLD and Ejari recordsUpdated 10 August 2025
Last soldAED 528K16 May 2024
Current rentAED 45K /yr10 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2904, Siraj Tower

What is 2904 worth today?

Last sold for AED 528,200 in 2024

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10 Aug 2025RentedNew contract
AED 44,500/yr12 months · AED 108 per sqft
4 Jun 2024RentedNew contract
AED 43,954/yr12 months · AED 107 per sqft
16 May 2024Sold by developerReady
AED 528,200AED 1,281 per sqft
23 Nov 2021RentedNew contract
AED 29,000/yr13 months · AED 70 per sqft
19 Nov 2020RentedNew contract
AED 26,000/yr12 months · AED 63 per sqft
1 Oct 2019RentedNew contract
AED 32,000/yr12 months · AED 78 per sqft
16 Nov 2017RentedNew contract
AED 41,000/yr12 months · AED 99 per sqft
29 Dec 2016RentedNew contract
AED 46,500/yr12 months · AED 113 per sqft

Source: Dubai Land Department. Updated 10 August 2025.

Key facts

Type
Studio apartment
Size
412 sqft
Floor
29th of 30
Parking
B1-63
Developer
Al Madar Investment
Completed
2014
Service charge
AED 4,100 /yr
Last sold
AED 528K · May 2024
Building
Siraj Tower

About 2904, Siraj Tower

2904 is a studio of 412 sqft on the 29th floor of Siraj Tower, a 30-storey tower in Arjan completed in 2014 by Al Madar Investment. The developer sold it on 16 May 2024 for AED 528,200, or AED 1,281 per sqft, 38% above the AED 931 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, signed on 10 August 2025, is AED 44,500 a year: a gross yield of 8.4% on the 2024 price, before the service charge of about AED 4,100 a year.

Sales and rents for 2904 over time

Sales
Unit 2904, 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, May 2024: AED 528,200 (AED 1,281 per sqft)

2904 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 2904, each contractTypical studio in Siraj Tower
30K40K50K2016201920222025Typical 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, December 2016: AED 46,500 a yearNew contract, November 2017: AED 41,000 a yearNew contract, October 2019: AED 32,000 a yearNew contract, November 2020: AED 26,000 a yearNew contract, November 2021: AED 29,000 a yearNew contract, June 2024: AED 43,954 a yearNew contract, August 2025: AED 44,500 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 2904 sits

All 167 studios →

2904 last sold in May 2024 at AED 1,281 per sqft, 38% above what studios in Siraj Tower were fetching at the time (AED 931). 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. 2904's AED 44,500 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 29th floor

All 367 units in Siraj Tower
Value
29011-bedAED 940K · Apr 2025
2902StudioAED 525K · May 2024
2903StudioAED 548K · Sep 2024
2905StudioAED 528K · May 2024
2906StudioAED 589K · Nov 2024
2907StudioAED 525K · May 2024
29081-bedAED 867K · Jul 2024
1–7 of 12

2904, Siraj Tower in numbers

  • Sold once: by Al Madar Investment on 16 May 2024 for AED 528,200, or AED 1,281 per sqft.
  • Rented since December 2016 on 7 Ejari contracts. The rent fell from AED 46,500 to AED 26,000 in 2020 and recovered to AED 44,500 by August 2025.
  • At AED 44,500 a year the gross yield on the 2024 price is 8.4%, 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 10 August 2025.

Questions about 2904, Siraj Tower

What did unit 2904 last sell for?

AED 528,200 on 16 May 2024, sold by the developer: AED 1,281 per sqft for 412 sqft. It is the only registered sale of the unit.

What is the rent for unit 2904?

AED 44,500 a year on the contract signed on 10 August 2025. The previous contract, from June 2024, was AED 43,954; the unit has been rented since December 2016.

How big is unit 2904?

412 sqft (38.3 sqm): a studio on the 29th floor of a 30-storey tower completed in 2014.

What is unit 2904 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 2904, Siraj Tower

Starts from the last sale price (AED 528K, 16 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 528,200
Deposit, UAE resident (20%)
AED 105,640
Deposit, non-resident (40%)
AED 211,280
Monthly over 25 years at 3.7%
AED 2,161

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