Studio · 415 sqftSiraj Tower, Arjan · 7th floor · completed 2014

707, Siraj Tower

Sold prices and rental history: sold 5 times, last 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 707 · DLD and Ejari recordsUpdated 25 December 2024
Last soldAED 600K25 December 2024
Current rentAED 50K /yr13 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 707, Siraj Tower

What is 707 worth today?

Last sold for AED 600,000 in 2024

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25 Dec 2024SoldReady
AED 600,000AED 1,444 per sqft
17 Sep 2024SoldReady
AED 385,000AED 926 per sqft
13 Nov 2023RentedNew contract
AED 50,400/yr12 months · AED 121 per sqft
10 Aug 2018RentedNew contract
AED 36,000/yr12 months · AED 86 per sqft
15 Jul 2017RentedNew contract
AED 44,000/yr12 months · AED 105 per sqft
21 Dec 2016RentedNew contract
AED 44,000/yr12 months · AED 105 per sqft
5 Dec 2016SoldReady
AED 485,000AED 1,167 per sqft
14 Nov 2016SoldReady
AED 430,000AED 1,034 per sqft

Source: Dubai Land Department. Updated 25 December 2024.

Key facts

Type
Studio apartment
Size
415 sqft
Floor
7th of 30
Parking
G-51
Developer
Al Madar Investment
Completed
2014
Service charge
AED 4,100 /yr
Last sold
AED 600K · December 2024
Building
Siraj Tower

About 707, Siraj Tower

707 is a studio of 415 sqft on the 7th floor of Siraj Tower, a 30-storey tower in Arjan completed in 2014 by Al Madar Investment. It last sold on 25 December 2024 for AED 600,000, or AED 1,444 per sqft, 20% above the AED 1,203 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 4 Ejari contracts. The current contract, signed on 13 November 2023, is AED 50,400 a year: a gross yield of 8.4% on the 2024 price, before the service charge of about AED 4,100 a year.

Sales and rents for 707 over time

Sales
Unit 707, 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, April 2009: AED 415,250 (AED 999 per sqft)Sold, November 2016: AED 430,000 (AED 1,034 per sqft)Sold, December 2016: AED 485,000 (AED 1,167 per sqft)Sold, September 2024: AED 385,000 (AED 926 per sqft)Sold, December 2024: AED 600,000 (AED 1,444 per sqft)

707 has sold 5 times; the dashed line is the studio median of each year in the building.

Rents
Unit 707, each contractTypical studio in Siraj Tower
40K2016201920222025Typical 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, December 2016: AED 44,000 a yearNew contract, July 2017: AED 44,000 a yearNew contract, August 2018: AED 36,000 a yearNew contract, November 2023: AED 50,400 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 707 sits

All 167 studios →

707 last sold in December 2024 at AED 1,444 per sqft, 20% above what studios in Siraj Tower were fetching at the time (AED 1,203). 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. 707's AED 50,400 is in the upper 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 7th floor

All 367 units in Siraj Tower
Value
7011-bedAED 861K · Jul 2024
702StudioAED 403K · May 2009
703StudioAED 403K · May 2009
704StudioAED 495K · Jun 2024
705StudioAED 495K · Jun 2024
706StudioAED 495K · Jun 2024
7081-bedAED 680K · Aug 2023
1–7 of 12

707, Siraj Tower in numbers

  • Sold 5 times: first on 5 April 2009 for AED 415,250, last on 25 December 2024 for AED 600,000 (AED 1,444 per sqft).
  • Rented since December 2016 on 4 Ejari contracts. The rent fell from AED 44,000 to AED 36,000 in 2018 and recovered to AED 50,400 by November 2023.
  • At AED 50,400 a year the gross yield on the 2024 price is 8.4%, 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 25 December 2024.

Questions about 707, Siraj Tower

What did unit 707 last sell for?

AED 600,000 on 25 December 2024: AED 1,444 per sqft for 415 sqft. The unit has 5 registered sales; the first was AED 415,250 in April 2009.

What is the rent for unit 707?

AED 50,400 a year on the contract signed on 13 November 2023. The previous contract, from August 2018, was AED 36,000; the unit has been rented since December 2016.

How big is unit 707?

415 sqft (38.6 sqm): a studio on the 7th floor of a 30-storey tower completed in 2014.

What is unit 707 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 707, Siraj Tower

Starts from the last sale price (AED 600K, 25 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 600,000
Deposit, UAE resident (20%)
AED 120,000
Deposit, non-resident (40%)
AED 240,000
Monthly over 25 years at 3.7%
AED 2,455

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