2-bed · 1,411 sqftSiraj Tower, Arjan · 7th floor · completed 2014

710, Siraj Tower

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

Unit 710 · DLD and Ejari recordsUpdated 25 March 2024
Last soldAED 1.2M25 March 2024
Current rentAED 56K /yr19 January 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 710, Siraj Tower

What is 710 worth today?

Last sold for AED 1,200,000 in 2024

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25 Mar 2024Sold by developerReady
AED 1,200,000AED 850 per sqft
19 Jan 2022RentedRenewal
AED 56,267/yr18 months · AED 40 per sqft
19 Jul 2021RentedNew contract
AED 52,750/yr6 months · AED 37 per sqft
5 Jan 2021RentedNew contract
AED 64,500/yr6 months · AED 46 per sqft
27 Nov 2019RentedRenewal
AED 76,000/yr12 months · AED 54 per sqft
27 Nov 2018RentedNew contract
AED 80,000/yr12 months · AED 57 per sqft
17 Jul 2018RentedRenewal
AED 86,983/yr12 months · AED 62 per sqft
17 Jul 2017RentedRenewal
AED 91,000/yr12 months · AED 64 per sqft

Source: Dubai Land Department. Updated 25 March 2024.

Key facts

Type
2-bed apartment
Size
1,411 sqft
Floor
7th of 30
Parking
B2-108
Developer
Al Madar Investment
Completed
2014
Service charge
AED 13,900 /yr
Last sold
AED 1.2M · March 2024
Building
Siraj Tower

About 710, Siraj Tower

710 is a two-bedroom apartment of 1,411 sqft on the 7th floor of Siraj Tower, a 30-storey tower in Arjan completed in 2014 by Al Madar Investment. The developer sold it on 25 March 2024 for AED 1,200,000, or AED 850 per sqft.

It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, renewed on 19 January 2022, is AED 56,267 a year: a gross yield of 4.7% on the 2024 price, before the service charge of about AED 13,900 a year.

Sales and rents for 710 over time

Sales
Unit 710, each saleTypical two-bed in Siraj Tower
1.2M1.4M2009201420192024Typical sale price by year: 2009 AED 1,436,357; 2024 AED 1,300,000; 2025 AED 1,450,000; 2026 AED 1,500,000Sold by developer, March 2024: AED 1,200,000 (AED 850 per sqft)

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

Rents
Unit 710, each contractTypical two-bed in Siraj Tower
50K75K100K2016201920222025Typical rent by year: 2016 AED 91,000; 2017 AED 91,000; 2018 AED 86,250; 2019 AED 82,000; 2020 AED 72,000; 2021 AED 64,000; 2022 AED 64,500; 2023 AED 67,200; 2024 AED 74,074; 2025 AED 102,000; 2026 AED 103,000New contract, July 2016: AED 91,000 a yearRenewal, July 2017: AED 91,000 a yearRenewal, July 2018: AED 86,983 a yearNew contract, November 2018: AED 80,000 a yearRenewal, November 2019: AED 76,000 a yearNew contract, January 2021: AED 64,500 a yearNew contract, July 2021: AED 52,750 a yearRenewal, January 2022: AED 56,267 a year

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

2-beds in Siraj Tower, and where 710 sits

All 58 2-beds →

Over the last 12 months two-beds sold for AED 1,450,000 to 1,570,000, around AED 1,045 per sqft, and rent for AED 90,000 to 120,000 a year. 710's AED 56,267 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
6 Oct 20261,570,000
19 Jun 20261,450,000
17 Feb 20261,500,000
9 Dec 20251,451,000
5 2-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 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
707StudioAED 600K · Dec 2024
1–7 of 12

710, Siraj Tower in numbers

  • Sold once: by Al Madar Investment on 25 March 2024 for AED 1,200,000, or AED 850 per sqft.
  • Rented since July 2016 on 8 Ejari contracts, from AED 91,000 to AED 56,267 a year.
  • At AED 56,267 a year the gross yield on the 2024 price is 4.7%, before a service charge of about AED 13,900 a year (AED 9.86 per sqft).
  • Two-beds in Siraj Tower sold for AED 1,450,000–1,570,000 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 March 2024.

Questions about 710, Siraj Tower

What did unit 710 last sell for?

AED 1,200,000 on 25 March 2024, sold by the developer: AED 850 per sqft for 1,411 sqft. It is the only registered sale of the unit.

What is the rent for unit 710?

AED 56,267 a year on the contract renewed on 19 January 2022. The previous contract, from July 2021, was AED 52,750; the unit has been rented since July 2016.

How big is unit 710?

1,411 sqft (131.1 sqm): a two-bedroom apartment on the 7th floor of a 30-storey tower completed in 2014.

What is unit 710 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Siraj Tower sold for AED 1,450,000 to 1,570,000 in the last 12 months, around AED 1,045 per sqft.

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Mortgage on 710, Siraj Tower

Starts from the last sale price (AED 1.2M, 25 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,200,000
Deposit, UAE resident (20%)
AED 240,000
Deposit, non-resident (40%)
AED 480,000
Monthly over 25 years at 3.7%
AED 4,910

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