1-bed · 860 sqftSiraj Tower, Arjan · 29th floor · completed 2014

2908, Siraj Tower

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

Unit 2908 · DLD and Ejari recordsUpdated 12 July 2024
Last soldAED 867K12 July 2024
Current rentAED 47K /yr20 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2908, Siraj Tower

What is 2908 worth today?

Last sold for AED 867,000 in 2024

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12 Jul 2024Sold by developerReady
AED 867,000AED 1,008 per sqft
20 Nov 2023RentedRenewal
AED 47,355/yr12 months · AED 55 per sqft
20 Nov 2022RentedRenewal
AED 45,100/yr12 months · AED 52 per sqft
20 Sep 2021RentedNew contract
AED 41,001/yr14 months · AED 48 per sqft
1 Aug 2020RentedRenewal
AED 45,231/yr13 months · AED 53 per sqft
1 Aug 2019RentedNew contract
AED 60,000/yr12 months · AED 70 per sqft
1 Aug 2018RentedRenewal
AED 66,000/yr12 months · AED 77 per sqft
1 Aug 2017RentedRenewal
AED 63,500/yr12 months · AED 74 per sqft

Source: Dubai Land Department. Updated 12 July 2024.

Key facts

Type
1-bed apartment
Size
860 sqft
Floor
29th of 30
Parking
B1-151
Developer
Al Madar Investment
Completed
2014
Service charge
AED 8,500 /yr
Last sold
AED 867K · July 2024
Building
Siraj Tower

About 2908, Siraj Tower

2908 is a one-bedroom apartment of 860 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 12 July 2024 for AED 867,000, or AED 1,008 per sqft, 9% above the AED 921 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, renewed on 20 November 2023, is AED 47,355 a year: a gross yield of 5.5% on the 2024 price, before the service charge of about AED 8,500 a year.

Sales and rents for 2908 over time

Sales
Unit 2908, each saleTypical one-bed in Siraj Tower
0500K1M2009201420192024Typical sale price by year: 2009 AED 910,060; 2016 AED 138,586; 2023 AED 660,000; 2024 AED 840,000; 2025 AED 890,000; 2026 AED 958,000Sold by developer, July 2024: AED 867,000 (AED 1,008 per sqft)

2908 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2908, each contractTypical one-bed in Siraj Tower
40K60K2016201920222025Typical rent by year: 2016 AED 64,500; 2017 AED 64,500; 2018 AED 66,000; 2019 AED 52,000; 2020 AED 47,000; 2021 AED 41,500; 2022 AED 45,000; 2023 AED 48,400; 2024 AED 60,000; 2025 AED 70,000; 2026 AED 67,000New contract, August 2016: AED 63,500 a yearRenewal, August 2017: AED 63,500 a yearRenewal, August 2018: AED 66,000 a yearNew contract, August 2019: AED 60,000 a yearRenewal, August 2020: AED 45,231 a yearNew contract, September 2021: AED 41,001 a yearRenewal, November 2022: AED 45,100 a yearRenewal, November 2023: AED 47,355 a year

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

1-beds in Siraj Tower, and where 2908 sits

All 113 1-beds →

2908 last sold in July 2024 at AED 1,008 per sqft, 9% above what one-beds in Siraj Tower were fetching at the time (AED 921). Over the last 12 months one-beds sold for AED 800,000 to 1,050,000, around AED 1,109 per sqft, and rent for AED 38,000 to 89,519 a year. 2908's AED 47,355 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
27 Jul 2026800,000
10 Jul 20261,000,000
17 Jun 2026850,000
4 May 2026800,000
21 1-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 29th floor

All 367 units in Siraj Tower
Value
29011-bedAED 940K · Apr 2025
2902StudioAED 525K · May 2024
2903StudioAED 548K · Sep 2024
2904StudioAED 528K · May 2024
2905StudioAED 528K · May 2024
2906StudioAED 589K · Nov 2024
2907StudioAED 525K · May 2024
1–7 of 12

2908, Siraj Tower in numbers

  • Sold once: by Al Madar Investment on 12 July 2024 for AED 867,000, or AED 1,008 per sqft.
  • Rented since August 2016 on 8 Ejari contracts. The rent fell from AED 63,500 to AED 41,001 in 2021 and recovered to AED 47,355 by November 2023.
  • At AED 47,355 a year the gross yield on the 2024 price is 5.5%, before a service charge of about AED 8,500 a year (AED 9.86 per sqft).
  • One-beds in Siraj Tower sold for AED 800,000–1,050,000 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 12 July 2024.

Questions about 2908, Siraj Tower

What did unit 2908 last sell for?

AED 867,000 on 12 July 2024, sold by the developer: AED 1,008 per sqft for 860 sqft. It is the only registered sale of the unit.

What is the rent for unit 2908?

AED 47,355 a year on the contract renewed on 20 November 2023. The previous contract, from November 2022, was AED 45,100; the unit has been rented since August 2016.

How big is unit 2908?

860 sqft (79.9 sqm): a one-bedroom apartment on the 29th floor of a 30-storey tower completed in 2014.

What is unit 2908 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Siraj Tower sold for AED 800,000 to 1,050,000 in the last 12 months, around AED 1,109 per sqft.

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Mortgage on 2908, Siraj Tower

Starts from the last sale price (AED 867K, 12 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 867,000
Deposit, UAE resident (20%)
AED 173,400
Deposit, non-resident (40%)
AED 346,800
Monthly over 25 years at 3.7%
AED 3,547

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