712, Siraj Tower
Sold prices and rental history: sold once, by the developer in May 2024, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 712, Siraj Tower
What is 712 worth today?
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Source: Dubai Land Department. Updated 30 May 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,411 sqft
- Floor
- 7th of 30
- Parking
- B2-110
- Developer
- Al Madar Investment
- Completed
- 2014
- Service charge
- AED 13,900 /yr
- Last sold
- AED 1.19M · May 2024
- Building
- Siraj Tower
About 712, Siraj Tower
712 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 30 May 2024 for AED 1,185,000, or AED 839 per sqft, in line with the AED 855 two-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 56,267 a year: a gross yield of 4.8% on the 2024 price, before the service charge of about AED 13,900 a year.
Sales and rents for 712 over time
712 has sold once; the dashed line is the two-bed median of each year in the building.
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 712 sits
All 58 2-beds →712 last sold in May 2024 at AED 839 per sqft, in line with what two-beds in Siraj Tower were fetching at the time (AED 855). 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. 712's AED 56,267 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 6 Oct 20266 October 2026 | 1,416 sqft | 1,570,000 | 1,109 | ||
| 19 Jun 202619 June 2026 | 1,411 sqft | 1,450,000 | 1,027 | ||
| 17 Feb 202617 February 2026 | 1,411 sqft | 1,500,000 | 1,062 | ||
| 9 Dec 20259 December 2025 | 1,414 sqft | 1,451,000 | 1,026 |
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 7th floor
All 367 units in Siraj Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 857 sqft | AED 861KAED 861,000 · Jul 2024July 2024 | 70,000 /yr | |
| 702 | Studio | 415 sqft | AED 403KAED 403,000 · May 2009May 2009 | ||
| 703 | Studio | 415 sqft | AED 403KAED 403,000 · May 2009May 2009 | ||
| 704 | Studio | 412 sqft | AED 495KAED 495,000 · Jun 2024June 2024 | 42,000 /yr | |
| 705 | Studio | 412 sqft | AED 495KAED 495,000 · Jun 2024June 2024 | 40,000 /yr | |
| 706 | Studio | 415 sqft | AED 495KAED 495,000 · Jun 2024June 2024 | 42,000 /yr | |
| 707 | Studio | 415 sqft | AED 600KAED 600,000 · Dec 2024December 2024 | 50,400 /yr | |
| 708 | 1-bed | 857 sqft | AED 680KAED 680,000 · Aug 2023August 2023 | 50,400 /yr | |
| 709 | 1-bed | 814 sqft | AED 650KAED 650,000 · May 2024May 2024 | 70,000 /yr | |
| 710 | 2-bed | 1,411 sqft | AED 1.2MAED 1,200,000 · Mar 2024March 2024 | 56,267 /yr | |
| 711 | 3-bed | 2,013 sqft | AED 1.86MAED 1,857,000 · Jul 2024July 2024 | 130,000 /yr | |
| 713 | 1-bed | 814 sqft | AED 642KAED 641,539 · Sep 2023September 2023 | 40,000 /yr |
712, Siraj Tower in numbers
- Sold once: by Al Madar Investment on 30 May 2024 for AED 1,185,000, or AED 839 per sqft.
- Rented since August 2016 on 7 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 4.8%, 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 30 May 2024.
Questions about 712, Siraj Tower
What did unit 712 last sell for?
AED 1,185,000 on 30 May 2024, sold by the developer: AED 839 per sqft for 1,411 sqft. It is the only registered sale of the unit.
What is the rent for unit 712?
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 August 2016.
How big is unit 712?
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 712 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 712, Siraj Tower
Starts from the last sale price (AED 1.19M, 30 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,185,000
- Deposit, UAE resident (20%)
- AED 237,000
- Deposit, non-resident (40%)
- AED 474,000
- Monthly over 25 years at 3.7%
- AED 4,848
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →