Studio · 415 sqftSiraj Tower, Arjan · 14th floor · completed 2014

1403, Siraj Tower

Sold prices and rental history: sold once, by the developer in August 2016, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1403 · DLD and Ejari recordsUpdated 25 March 2025
Last soldAED 344K28 August 2016
Current rentAED 41K /yr25 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1403, Siraj Tower

What is 1403 worth today?

Last sold for AED 344,048 in 2016

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25 Mar 2025RentedRenewal
AED 41,000/yr12 months · AED 99 per sqft
25 Mar 2024RentedNew contract
AED 40,000/yr12 months · AED 96 per sqft
5 Feb 2022RentedRenewal
AED 17,500/yr12 months · AED 42 per sqft
5 Feb 2021RentedNew contract
AED 17,500/yr12 months · AED 42 per sqft
5 Feb 2021RentedNew contract
AED 17,500/yr12 months · AED 42 per sqft
28 Aug 2016Sold by developerReady
AED 344,048AED 828 per sqft

Source: Dubai Land Department. Updated 25 March 2025.

Key facts

Type
Studio apartment
Size
415 sqft
Floor
14th of 30
Parking
G-25
Developer
Al Madar Investment
Completed
2014
Service charge
AED 4,100 /yr
Last sold
AED 344K · August 2016
Building
Siraj Tower

About 1403, Siraj Tower

1403 is a studio of 415 sqft on the 14th floor of Siraj Tower, a 30-storey tower in Arjan completed in 2014 by Al Madar Investment. The developer sold it on 28 August 2016 for AED 344,048, or AED 828 per sqft, in line with the AED 829 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, renewed on 25 March 2025, is AED 41,000 a year: a gross yield of 11.9% on the 2016 price, before the service charge of about AED 4,100 a year.

Sales and rents for 1403 over time

Sales
Unit 1403, each saleTypical studio in Siraj Tower
500K2009201420192024Typical sale price by year: 2009 AED 436,787; 2010 AED 456,000; 2016 AED 400,000; 2017 AED 855,465; 2019 AED 295,000; 2022 AED 327,500; 2023 AED 350,000; 2024 AED 497,500; 2025 AED 544,000; 2026 AED 552,500Sold by developer, August 2016: AED 344,048 (AED 828 per sqft)

1403 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1403, each contractTypical studio in Siraj Tower
20K40K2016201920222025Typical rent by year: 2016 AED 43,161; 2017 AED 41,000; 2018 AED 41,000; 2019 AED 34,000; 2020 AED 31,000; 2021 AED 26,000; 2022 AED 29,900; 2023 AED 33,308; 2024 AED 40,000; 2025 AED 44,000; 2026 AED 46,000New contract, February 2021: AED 17,500 a yearNew contract, February 2021: AED 17,500 a yearRenewal, February 2022: AED 17,500 a yearNew contract, March 2024: AED 40,000 a yearRenewal, March 2025: AED 41,000 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 1403 sits

All 152 studios →

1403 last sold in August 2016 at AED 828 per sqft, in line with what studios in Siraj Tower were fetching at the time (AED 829). Over the last 12 months studios sold for AED 515,000 to 596,000, around AED 1,292 per sqft, and rent for AED 26,000 to 48,000 a year. 1403's AED 41,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
13 Feb 2026565,000
11 Feb 2026596,000
30 Jan 2026540,000
27 Jan 2026515,000
8 studio sales in the last 12 months

Siraj Tower

Building

365 apartments, studios to 3-bed over 30 floors in Arjan, completed in 2014 by Al Madar Investment. 25 sold in the last 12 months.

Typical price per sqft
AED 1,109 Up 3.2%
Typical sale
AED 891K
Typical rent
AED 51K /yr
Typical yield
8.2%
Siraj Tower, Arjan: prices, sales and rents →

Other units on the 14th floor

All 365 units in Siraj Tower
Value
14011-bedAED 917K · Dec 2024
1402StudioAED 379K · Apr 2009
1404StudioAED 395K · Aug 2016
1405StudioAED 342K · Aug 2016
1406StudioAED 415K · May 2009
1407StudioAED 510K · Aug 2024
14081-bedAED 870K · Sep 2024
1–7 of 12

1403, Siraj Tower in numbers

  • Sold once: by Al Madar Investment on 28 August 2016 for AED 344,048, or AED 828 per sqft.
  • Rented since February 2021 on 5 Ejari contracts, from AED 17,500 to AED 41,000 a year.
  • At AED 41,000 a year the gross yield on the 2016 price is 11.9%, 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 1,109 per sqft.

Source: Dubai Land Department. Updated 25 March 2025.

Questions about 1403, Siraj Tower

What did unit 1403 last sell for?

AED 344,048 on 28 August 2016, sold by the developer: AED 828 per sqft for 415 sqft. It is the only registered sale of the unit.

What is the rent for unit 1403?

AED 41,000 a year on the contract renewed on 25 March 2025. The previous contract, from March 2024, was AED 40,000; the unit has been rented since February 2021.

How big is unit 1403?

415 sqft (38.6 sqm): a studio on the 14th floor of a 30-storey tower completed in 2014.

What is unit 1403 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 1,292 per sqft.

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Mortgage on 1403, Siraj Tower

Starts from the last sale price (AED 344K, 28 August 2016). Switch to today's estimate once you have unlocked it.
Price
AED 344,048
Deposit, UAE resident (20%)
AED 68,810
Deposit, non-resident (40%)
AED 137,619
Monthly over 25 years at 3.7%
AED 1,408

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