3-bed · 2,013 sqftSiraj Tower, Arjan · 6th floor · completed 2014

611, Siraj Tower

Sold prices and rental history: sold once, by the developer in December 2024, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 611 · DLD and Ejari recordsUpdated 9 December 2024
Last soldAED 1.9M9 December 2024
Current rentAED 73K /yr19 January 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 611, Siraj Tower

What is 611 worth today?

Last sold for AED 1,900,000 in 2024

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9 Dec 2024Sold by developerReady
AED 1,900,000AED 943 per sqft
19 Jan 2022RentedRenewal
AED 73,156/yr18 months · AED 36 per sqft
19 Jul 2021RentedNew contract
AED 68,584/yr6 months · AED 34 per sqft
5 Jan 2021RentedNew contract
AED 83,500/yr6 months · AED 41 per sqft
1 Aug 2019RentedRenewal
AED 110,000/yr12 months · AED 55 per sqft
1 Aug 2018RentedNew contract
AED 110,000/yr12 months · AED 55 per sqft
1 Mar 2017RentedNew contract
AED 135,000/yr12 months · AED 67 per sqft
1 Aug 2016RentedNew contract
AED 135,000/yr12 months · AED 67 per sqft

Source: Dubai Land Department. Updated 9 December 2024.

Key facts

Type
3-bed apartment
Size
2,013 sqft
Floor
6th of 30
Parking
B2-105
Developer
Al Madar Investment
Completed
2014
Service charge
AED 19,900 /yr
Last sold
AED 1.9M · December 2024
Building
Siraj Tower

About 611, Siraj Tower

611 is a three-bedroom apartment of 2,013 sqft on the 6th floor of Siraj Tower, a 30-storey tower in Arjan completed in 2014 by Al Madar Investment. The developer sold it on 9 December 2024 for AED 1,900,000, or AED 943 per sqft, 7% above the AED 884 three-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, renewed on 19 January 2022, is AED 73,156 a year: a gross yield of 3.9% on the 2024 price, before the service charge of about AED 19,900 a year.

Sales and rents for 611 over time

Sales
Unit 611, each saleTypical three-bed in Siraj Tower
1.8M2M2024202520262027Typical sale price by year: 2024 AED 1,780,000; 2025 AED 2,025,000; 2026 AED 2,100,000Sold by developer, December 2024: AED 1,900,000 (AED 943 per sqft)

611 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 611, each contractTypical three-bed in Siraj Tower
100K150K2016201920222025Typical rent by year: 2016 AED 135,000; 2017 AED 115,500; 2018 AED 110,000; 2019 AED 100,000; 2020 AED 83,500; 2021 AED 82,001; 2022 AED 83,500; 2023 AED 89,625; 2024 AED 98,248; 2025 AED 140,000; 2026 AED 125,000New contract, August 2016: AED 135,000 a yearNew contract, March 2017: AED 135,000 a yearNew contract, August 2018: AED 110,000 a yearRenewal, August 2019: AED 110,000 a yearNew contract, January 2021: AED 83,500 a yearNew contract, July 2021: AED 68,584 a yearRenewal, January 2022: AED 73,156 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Siraj Tower, and where 611 sits

All 29 3-beds →

611 last sold in December 2024 at AED 943 per sqft, 7% above what three-beds in Siraj Tower were fetching at the time (AED 884). Over the last 12 months three-beds sold for AED 1,950,000 to 2,200,000, around AED 1,030 per sqft, and rent for AED 60,000 to 160,000 a year. 611's AED 73,156 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
13 Oct 20262,150,000
6 Oct 20262,100,000
10 Aug 20262,050,000
11 Jun 20262,200,000
8 3-bed 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 6th floor

All 367 units in Siraj Tower
Value
6011-bedAED 832K · Apr 2024
602StudioAED 490K · May 2024
603StudioAED 351K · Jul 2023
604StudioAED 495K · Jun 2024
605StudioAED 683K · Apr 2009
606StudioAED 490K · May 2024
607StudioAED 490K · May 2024
1–7 of 12

611, Siraj Tower in numbers

  • Sold once: by Al Madar Investment on 9 December 2024 for AED 1,900,000, or AED 943 per sqft.
  • Rented since August 2016 on 7 Ejari contracts, from AED 135,000 to AED 73,156 a year.
  • At AED 73,156 a year the gross yield on the 2024 price is 3.9%, before a service charge of about AED 19,900 a year (AED 9.86 per sqft).
  • Three-beds in Siraj Tower sold for AED 1,950,000–2,200,000 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 9 December 2024.

Questions about 611, Siraj Tower

What did unit 611 last sell for?

AED 1,900,000 on 9 December 2024, sold by the developer: AED 943 per sqft for 2,013 sqft. It is the only registered sale of the unit.

What is the rent for unit 611?

AED 73,156 a year on the contract renewed on 19 January 2022. The previous contract, from July 2021, was AED 68,584; the unit has been rented since August 2016.

How big is unit 611?

2,013 sqft (187.0 sqm): a three-bedroom apartment on the 6th floor of a 30-storey tower completed in 2014.

What is unit 611 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Siraj Tower sold for AED 1,950,000 to 2,200,000 in the last 12 months, around AED 1,030 per sqft.

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Mortgage on 611, Siraj Tower

Starts from the last sale price (AED 1.9M, 9 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,900,000
Deposit, UAE resident (20%)
AED 380,000
Deposit, non-resident (40%)
AED 760,000
Monthly over 25 years at 3.7%
AED 7,773

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