Studio · 412 sqftSiraj Tower, Arjan · 4th floor · completed 2014

404, Siraj Tower

Sold prices and rental history: sold once, by the developer in August 2016, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 404 · DLD and Ejari recordsUpdated 1 August 2023
Last soldAED 400K16 August 2016
Current rentAED 26K /yr1 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 404, Siraj Tower

What is 404 worth today?

Last sold for AED 400,000 in 2016

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1 Aug 2023RentedNew contract
AED 25,930/yr12 months · AED 63 per sqft
1 Oct 2022RentedRenewal
AED 24,000/yr12 months · AED 59 per sqft
1 Oct 2021RentedNew contract
AED 20,000/yr12 months · AED 49 per sqft
16 Aug 2016Sold by developerReady
AED 400,000AED 970 per sqft

Source: Dubai Land Department. Updated 1 August 2023.

Key facts

Type
Studio apartment
Size
412 sqft
Floor
4th of 30
Parking
G-72
Developer
Al Madar Investment
Completed
2014
Service charge
AED 4,100 /yr
Last sold
AED 400K · August 2016
Building
Siraj Tower

About 404, Siraj Tower

404 is a studio of 412 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 16 August 2016 for AED 400,000, or AED 970 per sqft, 107% above the AED 468 studios in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 1 August 2023, is AED 25,930 a year: a gross yield of 6.5% on the 2016 price, before the service charge of about AED 4,100 a year.

Sales and rents for 404 over time

Sales
Unit 404, 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, August 2016: AED 400,000 (AED 970 per sqft)

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

Rents
Unit 404, each contractTypical studio in Siraj Tower
20K40K2016201920222025Typical 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, October 2021: AED 20,000 a yearRenewal, October 2022: AED 24,000 a yearNew contract, August 2023: AED 25,930 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 404 sits

All 167 studios →

404 last sold in August 2016 at AED 970 per sqft, 107% above what studios in Siraj Tower were fetching at the time (AED 468). 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. 404's AED 25,930 is in the lower 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
402StudioAED 495K · Jun 2024
403StudioAED 515K · Jan 2026
405StudioAED 525K · Aug 2024
406StudioAED 400K · Apr 2009
407StudioAED 410K · Apr 2009
4091-bedAED 825K · Apr 2009
1–7 of 10

404, Siraj Tower in numbers

  • Sold once: by Al Madar Investment on 16 August 2016 for AED 400,000, or AED 970 per sqft.
  • Rented since October 2021 on 3 Ejari contracts, from AED 20,000 to AED 25,930 a year.
  • At AED 25,930 a year the gross yield on the 2016 price is 6.5%, 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 2023.

Questions about 404, Siraj Tower

What did unit 404 last sell for?

AED 400,000 on 16 August 2016, sold by the developer: AED 970 per sqft for 412 sqft. It is the only registered sale of the unit.

What is the rent for unit 404?

AED 25,930 a year on the contract signed on 1 August 2023. The previous contract, from October 2022, was AED 24,000; the unit has been rented since October 2021.

How big is unit 404?

412 sqft (38.3 sqm): a studio on the 4th floor of a 30-storey tower completed in 2014.

What is unit 404 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 404, Siraj Tower

Starts from the last sale price (AED 400K, 16 August 2016). Switch to today's estimate once you have unlocked it.
Price
AED 400,000
Deposit, UAE resident (20%)
AED 80,000
Deposit, non-resident (40%)
AED 160,000
Monthly over 25 years at 3.7%
AED 1,637

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