506, Siraj Tower
Sold prices and rental history: sold once, by the developer in September 2019, and rented once, from October 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, Siraj Tower
What is 506 worth today?
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Source: Dubai Land Department. Updated 15 October 2026.
Key facts
- Type
- Studio apartment
- Size
- 415 sqft
- Floor
- 5th of 30
- Parking
- B2-52
- Developer
- Al Madar Investment
- Completed
- 2014
- Service charge
- AED 4,100 /yr
- Last sold
- AED 370K · September 2019
- Building
- Siraj Tower
About 506, Siraj Tower
506 is a studio of 415 sqft on the 5th floor of Siraj Tower, a 30-storey tower in Arjan completed in 2014 by Al Madar Investment. The developer sold it on 16 September 2019 for AED 370,000, or AED 890 per sqft, 22% above the AED 727 studios in the building were fetching at the time.
One Ejari contract is registered, from 15 October 2026. The current contract, signed on 15 October 2026, is AED 39,000 a year: a gross yield of 10.5% on the 2019 price, before the service charge of about AED 4,100 a year.
Sales and rents for 506 over time
506 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 506 sits
All 167 studios →506 last sold in September 2019 at AED 890 per sqft, 22% above what studios in Siraj Tower were fetching at the time (AED 727). 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. 506's AED 39,000 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 5th floor
All 367 units in Siraj Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 857 sqft | AED 853KAED 853,000 · Dec 2025December 2025 | 75,000 /yr | |
| 502 | Studio | 415 sqft | AED 539KAED 539,000 · Nov 2025November 2025 | 44,000 /yr | |
| 503 | Studio | 415 sqft | AED 540KAED 540,000 · Jun 2025June 2025 | 36,000 /yr | |
| 504 | Studio | 412 sqft | AED 520KAED 520,000 · Feb 2025February 2025 | 47,000 /yr | |
| 505 | Studio | 412 sqft | AED 524KAED 524,000 · Nov 2025November 2025 | 45,000 /yr | |
| 507 | Studio | 415 sqft | AED 515KAED 515,000 · Jun 2025June 2025 | 32,000 /yr | |
| 508 | 1-bed | 857 sqft | AED 853KAED 853,000 · Jan 2026January 2026 | 49,087 /yr | |
| 509 | 1-bed | 814 sqft | AED 811KAED 811,000 · Oct 2025October 2025 | 72,000 /yr | |
| 510 | 2-bed | 1,411 sqft | AED 1.4MAED 1,400,000 · May 2025May 2025 | 95,000 /yr | |
| 511 | 3-bed | 2,013 sqft | AED 1.97MAED 1,970,000 · Jul 2025July 2025 | 100,000 /yr | |
| 512 | 2-bed | 1,411 sqft | AED 1.4MAED 1,400,000 · Mar 2025March 2025 | 95,000 /yr | |
| 513 | 1-bed | 814 sqft | AED 900KAED 900,000 · May 2025May 2025 | 72,000 /yr |
506, Siraj Tower in numbers
- Sold once: by Al Madar Investment on 16 September 2019 for AED 370,000, or AED 890 per sqft.
- Rented since October 2026 on one Ejari contract, at AED 39,000 a year.
- At AED 39,000 a year the gross yield on the 2019 price is 10.5%, 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 15 October 2026.
Questions about 506, Siraj Tower
What did unit 506 last sell for?
AED 370,000 on 16 September 2019, sold by the developer: AED 890 per sqft for 415 sqft. It is the only registered sale of the unit.
What is the rent for unit 506?
AED 39,000 a year on the contract signed on 15 October 2026.
How big is unit 506?
415 sqft (38.6 sqm): a studio on the 5th floor of a 30-storey tower completed in 2014.
What is unit 506 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 506, Siraj Tower
Starts from the last sale price (AED 370K, 16 September 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 370,000
- Deposit, UAE resident (20%)
- AED 74,000
- Deposit, non-resident (40%)
- AED 148,000
- Monthly over 25 years at 3.7%
- AED 1,514
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →