1-bed · 814 sqftSiraj Tower, Arjan · 8th floor · completed 2014

809, Siraj Tower

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

Unit 809 · DLD and Ejari recordsUpdated 3 April 2024
Last soldAED 798K3 April 2024
Current rentAED 47K /yr1 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 809, Siraj Tower

What is 809 worth today?

Last sold for AED 798,000 in 2024

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3 Apr 2024Sold by developerReady
AED 798,000AED 980 per sqft
1 Oct 2023RentedRenewal
AED 46,910/yr5 months · AED 58 per sqft
1 Oct 2022RentedRenewal
AED 44,550/yr12 months · AED 55 per sqft
1 Oct 2021RentedRenewal
AED 40,500/yr12 months · AED 50 per sqft
1 Oct 2020RentedNew contract
AED 43,000/yr12 months · AED 53 per sqft
27 Oct 2019RentedNew contract
AED 49,000/yr12 months · AED 60 per sqft
1 Aug 2018RentedRenewal
AED 66,000/yr12 months · AED 81 per sqft
1 Aug 2017RentedRenewal
AED 63,500/yr12 months · AED 78 per sqft

Source: Dubai Land Department. Updated 3 April 2024.

Key facts

Type
1-bed apartment
Size
814 sqft
Floor
8th of 30
Parking
B2-120
Developer
Al Madar Investment
Completed
2014
Service charge
AED 8,000 /yr
Last sold
AED 798K · April 2024
Building
Siraj Tower

About 809, Siraj Tower

809 is a one-bedroom apartment of 814 sqft on the 8th floor of Siraj Tower, a 30-storey tower in Arjan completed in 2014 by Al Madar Investment. The developer sold it on 3 April 2024 for AED 798,000, or AED 980 per sqft, 25% above the AED 782 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, renewed on 1 October 2023, is AED 46,910 a year: a gross yield of 5.9% on the 2024 price, before the service charge of about AED 8,000 a year.

Sales and rents for 809 over time

Sales
Unit 809, each saleTypical one-bed in Siraj Tower
0500K1M2009201420192024Typical sale price by year: 2009 AED 910,060; 2016 AED 138,586; 2023 AED 660,000; 2024 AED 840,000; 2025 AED 890,000; 2026 AED 958,000Sold by developer, April 2024: AED 798,000 (AED 980 per sqft)

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

Rents
Unit 809, each contractTypical one-bed in Siraj Tower
40K60K2016201920222025Typical rent by year: 2016 AED 64,500; 2017 AED 64,500; 2018 AED 66,000; 2019 AED 52,000; 2020 AED 47,000; 2021 AED 41,500; 2022 AED 45,000; 2023 AED 48,400; 2024 AED 60,000; 2025 AED 70,000; 2026 AED 67,000New contract, August 2016: AED 63,500 a yearRenewal, August 2017: AED 63,500 a yearRenewal, August 2018: AED 66,000 a yearNew contract, October 2019: AED 49,000 a yearNew contract, October 2020: AED 43,000 a yearRenewal, October 2021: AED 40,500 a yearRenewal, October 2022: AED 44,550 a yearRenewal, October 2023: AED 46,910 a year

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

1-beds in Siraj Tower, and where 809 sits

All 113 1-beds →

809 last sold in April 2024 at AED 980 per sqft, 25% above what one-beds in Siraj Tower were fetching at the time (AED 782). Over the last 12 months one-beds sold for AED 800,000 to 1,050,000, around AED 1,109 per sqft, and rent for AED 38,000 to 89,519 a year. 809's AED 46,910 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
27 Jul 2026800,000
10 Jul 20261,000,000
17 Jun 2026850,000
4 May 2026800,000
21 1-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 8th floor

All 367 units in Siraj Tower
Value
8011-bedAED 840K · Jul 2024
802StudioAED 500K · May 2024
803StudioAED 495K · Jun 2024
804StudioAED 399K · Jul 2023
805StudioAED 495K · Jun 2024
806StudioAED 625K · Apr 2009
807StudioAED 625K · Apr 2009
1–7 of 12

809, Siraj Tower in numbers

  • Sold once: by Al Madar Investment on 3 April 2024 for AED 798,000, or AED 980 per sqft.
  • Rented since August 2016 on 8 Ejari contracts. The rent fell from AED 63,500 to AED 40,500 in 2021 and recovered to AED 46,910 by October 2023.
  • At AED 46,910 a year the gross yield on the 2024 price is 5.9%, before a service charge of about AED 8,000 a year (AED 9.86 per sqft).
  • One-beds in Siraj Tower sold for AED 800,000–1,050,000 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 3 April 2024.

Questions about 809, Siraj Tower

What did unit 809 last sell for?

AED 798,000 on 3 April 2024, sold by the developer: AED 980 per sqft for 814 sqft. It is the only registered sale of the unit.

What is the rent for unit 809?

AED 46,910 a year on the contract renewed on 1 October 2023. The previous contract, from October 2022, was AED 44,550; the unit has been rented since August 2016.

How big is unit 809?

814 sqft (75.6 sqm): a one-bedroom apartment on the 8th floor of a 30-storey tower completed in 2014.

What is unit 809 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Siraj Tower sold for AED 800,000 to 1,050,000 in the last 12 months, around AED 1,109 per sqft.

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Mortgage on 809, Siraj Tower

Starts from the last sale price (AED 798K, 3 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 798,000
Deposit, UAE resident (20%)
AED 159,600
Deposit, non-resident (40%)
AED 319,200
Monthly over 25 years at 3.7%
AED 3,265

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