406, Siraj Tower
Sold prices and rental history: sold once, by the developer in April 2009, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 406, Siraj Tower
What is 406 worth today?
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Source: Dubai Land Department. Updated 5 June 2026.
Key facts
- Type
- Studio apartment
- Size
- 415 sqft
- Floor
- 4th of 30
- Parking
- B2-33
- Developer
- Al Madar Investment
- Completed
- 2014
- Service charge
- AED 4,100 /yr
- Last sold
- AED 400K · April 2009
- Building
- Siraj Tower
About 406, Siraj Tower
406 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 5 April 2009 for AED 400,000, or AED 962 per sqft, 3% below the AED 992 studios in the building were fetching at the time.
It has been rented continuously since 2019 on 9 Ejari contracts. The current contract, renewed on 5 June 2026, is AED 47,000 a year: a gross yield of 11.8% on the 2009 price, before the service charge of about AED 4,100 a year.
Sales and rents for 406 over time
406 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 406 sits
All 167 studios →406 last sold in April 2009 at AED 962 per sqft, 3% below what studios in Siraj Tower were fetching at the time (AED 992). 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. 406's AED 47,000 is in the upper 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 | |
| 404 | Studio | 412 sqft | AED 400KAED 400,000 · Aug 2016August 2016 | 25,930 /yr | |
| 405 | Studio | 412 sqft | AED 525KAED 525,000 · Aug 2024August 2024 | 45,000 /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 |
406, Siraj Tower in numbers
- Sold once: by Al Madar Investment on 5 April 2009 for AED 400,000, or AED 962 per sqft.
- Rented since August 2019 on 9 Ejari contracts. The rent fell from AED 34,000 to AED 19,000 in 2021 and recovered to AED 47,000 by June 2026.
- At AED 47,000 a year the gross yield on the 2009 price is 11.8%, 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 5 June 2026.
Questions about 406, Siraj Tower
What did unit 406 last sell for?
AED 400,000 on 5 April 2009, sold by the developer: AED 962 per sqft for 415 sqft. It is the only registered sale of the unit.
What is the rent for unit 406?
AED 47,000 a year on the contract renewed on 5 June 2026. The previous contract, from June 2025, was AED 45,000; the unit has been rented since August 2019.
How big is unit 406?
415 sqft (38.6 sqm): a studio on the 4th floor of a 30-storey tower completed in 2014.
What is unit 406 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 406, Siraj Tower
Starts from the last sale price (AED 400K, 5 April 2009). 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 →