Studio · 415 sqftSiraj Tower, Arjan · 4th floor · completed 2014

402, 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 402 · DLD and Ejari recordsUpdated 1 August 2026
Last soldAED 495K3 June 2024
Current rentAED 42K /yr1 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 402, Siraj Tower

What is 402 worth today?

Last sold for AED 495,000 in 2024

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1 Aug 2026RentedNew contract
AED 42,000/yr12 months · AED 101 per sqft
30 Sep 2025RentedNew contract
AED 45,000/yr12 months · AED 108 per sqft
30 Sep 2024RentedNew contract
AED 44,000/yr12 months · AED 106 per sqft
3 Jun 2024Sold by developerReady
AED 495,000AED 1,191 per sqft
13 Aug 2021RentedNew contract
AED 26,000/yr13 months · AED 63 per sqft
1 Jan 2020RentedRenewal
AED 32,000/yr12 months · AED 77 per sqft
4 Jan 2019RentedRenewal
AED 32,260/yr12 months · AED 78 per sqft
4 Jan 2018RentedRenewal
AED 42,000/yr12 months · AED 101 per sqft

Source: Dubai Land Department. Updated 1 August 2026.

Key facts

Type
Studio apartment
Size
415 sqft
Floor
4th of 30
Parking
B2-01
Developer
Al Madar Investment
Completed
2014
Service charge
AED 4,100 /yr
Last sold
AED 495K · June 2024
Building
Siraj Tower

About 402, Siraj Tower

402 is a studio of 415 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 495,000, or AED 1,191 per sqft, in line with the AED 1,191 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, signed on 1 August 2026, is AED 42,000 a year: a gross yield of 8.5% on the 2024 price, before the service charge of about AED 4,100 a year.

Sales and rents for 402 over time

Sales
Unit 402, 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, June 2024: AED 495,000 (AED 1,191 per sqft)

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

Rents
Unit 402, each contractTypical studio in Siraj Tower
30K40K2016201920222025Typical 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 39,756 a yearRenewal, January 2018: AED 42,000 a yearRenewal, January 2019: AED 32,260 a yearRenewal, January 2020: AED 32,000 a yearNew contract, August 2021: AED 26,000 a yearNew contract, September 2024: AED 44,000 a yearNew contract, September 2025: AED 45,000 a yearNew contract, August 2026: AED 42,000 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 402 sits

All 167 studios →

402 last sold in June 2024 at AED 1,191 per sqft, in line with what studios in Siraj Tower were fetching at the time (AED 1,191). 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. 402's AED 42,000 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 4th floor

All 367 units in Siraj Tower
Value
4011-bedAED 824K · 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

402, Siraj Tower in numbers

  • Sold once: by Al Madar Investment on 3 June 2024 for AED 495,000, or AED 1,191 per sqft.
  • Rented since December 2016 on 8 Ejari contracts. The rent fell from AED 39,756 to AED 26,000 in 2021 and recovered to AED 42,000 by August 2026.
  • At AED 42,000 a year the gross yield on the 2024 price is 8.5%, 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 1 August 2026.

Questions about 402, Siraj Tower

What did unit 402 last sell for?

AED 495,000 on 3 June 2024, sold by the developer: AED 1,191 per sqft for 415 sqft. It is the only registered sale of the unit.

What is the rent for unit 402?

AED 42,000 a year on the contract signed on 1 August 2026. The previous contract, from September 2025, was AED 45,000; the unit has been rented since December 2016.

How big is unit 402?

415 sqft (38.6 sqm): a studio on the 4th floor of a 30-storey tower completed in 2014.

What is unit 402 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 402, Siraj Tower

Starts from the last sale price (AED 495K, 3 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 495,000
Deposit, UAE resident (20%)
AED 99,000
Deposit, non-resident (40%)
AED 198,000
Monthly over 25 years at 3.7%
AED 2,025

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