
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.
Property timeline for 404, Siraj Tower
What is 404 worth today?
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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
404 has sold once; the dashed line is the studio median of each year in the building.
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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Oct 202627 October 2026 | 415 sqft | 540,000 | 1,299 | ||
| 5 Oct 20265 October 2026 | 412 sqft | 550,000 | 1,334 | ||
| 11 Sep 202611 September 2026 | 415 sqft | 550,000 | 1,323 | ||
| 25 Aug 202625 August 2026 | 415 sqft | 570,000 | 1,371 |
Siraj Tower
Building367 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%
Other units on the 4th floor
All 367 units in Siraj Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 857 sqft | AED 824KAED 824,000 · Jun 2024June 2024 | 53,000 /yr | |
| 402 | Studio | 415 sqft | AED 495KAED 495,000 · Jun 2024June 2024 | 42,000 /yr | |
| 403 | Studio | 415 sqft | AED 515KAED 515,000 · Jan 2026January 2026 | 40,000 /yr | |
| 405 | Studio | 412 sqft | AED 525KAED 525,000 · Aug 2024August 2024 | 45,000 /yr | |
| 406 | Studio | 415 sqft | AED 400KAED 400,000 · Apr 2009April 2009 | 47,000 /yr | |
| 407 | Studio | 415 sqft | AED 410KAED 409,500 · Apr 2009April 2009 | ||
| 409 | 1-bed | 814 sqft | AED 825KAED 824,834 · Apr 2009April 2009 | 59,400 /yr | |
| 410 | 2-bed | 1,411 sqft | AED 1.15MAED 1,150,000 · Apr 2024April 2024 | 56,267 /yr | |
| 411 | 3-bed | 2,013 sqft | AED 1.95MAED 1,950,000 · May 2025May 2025 | 97,241 /yr | |
| 412 | 2-bed | 1,411 sqft | AED 1.34MAED 1,342,000 · Sep 2024September 2024 | 110,000 /yr |
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 →