1-bed · 857 sqftSiraj Tower, Arjan · 4th floor · completed 2014

401, Siraj Tower

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

Unit 401 · DLD and Ejari recordsUpdated 3 June 2024
Last soldAED 824K3 June 2024
Current rentAED 53K /yr23 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 401, Siraj Tower

What is 401 worth today?

Last sold for AED 824,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

3 Jun 2024Sold by developerReady
AED 824,000AED 961 per sqft
23 Jan 2023RentedNew contract
AED 53,000/yr12 months · AED 62 per sqft
15 Nov 2022RentedNew contract
AED 52,800/yr12 months · AED 62 per sqft
1 Aug 2021RentedNew contract
AED 41,000/yr12 months · AED 48 per sqft
20 Feb 2020RentedNew contract
AED 47,000/yr12 months · AED 55 per sqft
30 Sep 2018RentedNew contract
AED 58,000/yr12 months · AED 68 per sqft
1 Aug 2017RentedRenewal
AED 64,500/yr12 months · AED 75 per sqft
1 Aug 2016RentedNew contract
AED 64,500/yr12 months · AED 75 per sqft

Source: Dubai Land Department. Updated 3 June 2024.

Key facts

Type
1-bed apartment
Size
857 sqft
Floor
4th of 30
Parking
B2-02
Developer
Al Madar Investment
Completed
2014
Service charge
AED 8,400 /yr
Last sold
AED 824K · June 2024
Building
Siraj Tower

About 401, Siraj Tower

401 is a one-bedroom apartment of 857 sqft on the 4th floor of Siraj Tower, a 30-storey tower in Arjan completed in 2014 by Al Madar Investment. The developer sold it on 3 June 2024 for AED 824,000, or AED 961 per sqft, 20% above the AED 798 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, signed on 23 January 2023, is AED 53,000 a year: a gross yield of 6.4% on the 2024 price, before the service charge of about AED 8,400 a year.

Sales and rents for 401 over time

Sales
Unit 401, 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, June 2024: AED 824,000 (AED 961 per sqft)

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

Rents
Unit 401, 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 64,500 a yearRenewal, August 2017: AED 64,500 a yearNew contract, September 2018: AED 58,000 a yearNew contract, February 2020: AED 47,000 a yearNew contract, August 2021: AED 41,000 a yearNew contract, November 2022: AED 52,800 a yearNew contract, January 2023: AED 53,000 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 401 sits

All 113 1-beds →

401 last sold in June 2024 at AED 961 per sqft, 20% above what one-beds in Siraj Tower were fetching at the time (AED 798). 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. 401's AED 53,000 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 4th floor

All 367 units in Siraj Tower
Value
402StudioAED 495K · Jun 2024
403StudioAED 515K · Jan 2026
404StudioAED 400K · Aug 2016
405StudioAED 525K · Aug 2024
406StudioAED 400K · Apr 2009
407StudioAED 410K · Apr 2009
4091-bedAED 825K · Apr 2009
1–7 of 10

401, Siraj Tower in numbers

  • Sold once: by Al Madar Investment on 3 June 2024 for AED 824,000, or AED 961 per sqft.
  • Rented since August 2016 on 7 Ejari contracts. The rent fell from AED 64,500 to AED 41,000 in 2021 and recovered to AED 53,000 by January 2023.
  • At AED 53,000 a year the gross yield on the 2024 price is 6.4%, before a service charge of about AED 8,400 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 3 June 2024.

Questions about 401, Siraj Tower

What did unit 401 last sell for?

AED 824,000 on 3 June 2024, sold by the developer: AED 961 per sqft for 857 sqft. It is the only registered sale of the unit.

What is the rent for unit 401?

AED 53,000 a year on the contract signed on 23 January 2023. The previous contract, from November 2022, was AED 52,800; the unit has been rented since August 2016.

How big is unit 401?

857 sqft (79.6 sqm): a one-bedroom apartment on the 4th floor of a 30-storey tower completed in 2014.

What is unit 401 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.

Selling 401? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 401, Siraj Tower

Starts from the last sale price (AED 824K, 3 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 824,000
Deposit, UAE resident (20%)
AED 164,800
Deposit, non-resident (40%)
AED 329,600
Monthly over 25 years at 3.7%
AED 3,371

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