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

1406, Siraj Tower

Sold prices and rental history: sold once, by the developer in May 2009, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1406 · DLD and Ejari recordsUpdated 27 May 2009
Last soldAED 415K27 May 2009
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1406, Siraj Tower

What is 1406 worth today?

Last sold for AED 415,000 in 2009

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27 May 2009Sold by developerOff-plan
AED 415,000AED 998 per sqft

Source: Dubai Land Department. Updated 27 May 2009.

Key facts

Type
Studio apartment
Size
415 sqft
Floor
14th of 30
Parking
G-22
Developer
Al Madar Investment
Completed
2014
Service charge
AED 4,100 /yr
Last sold
AED 415K · May 2009
Building
Siraj Tower

About 1406, Siraj Tower

1406 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 27 May 2009 for AED 415,000, or AED 998 per sqft, 5% below the AED 1,051 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1406 over time

Sales
Unit 1406, 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, May 2009: AED 415,000 (AED 998 per sqft)

1406 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1406, each contractTypical studio in Siraj Tower
30K40K2016201920222025Typical 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 46,000

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 1406 sits

All 152 studios →

1406 last sold in May 2009 at AED 998 per sqft, 5% below what studios in Siraj Tower were fetching at the time (AED 1,051). 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.

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
1403StudioAED 344K · Aug 2016
1404StudioAED 395K · Aug 2016
1405StudioAED 342K · Aug 2016
1407StudioAED 510K · Aug 2024
14081-bedAED 870K · Sep 2024
1–7 of 12

1406, Siraj Tower in numbers

  • Sold once: by Al Madar Investment on 27 May 2009 for AED 415,000, or AED 998 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 27 May 2009.

Questions about 1406, Siraj Tower

What did unit 1406 last sell for?

AED 415,000 on 27 May 2009, sold by the developer: AED 998 per sqft for 415 sqft. It is the only registered sale of the unit.

How big is unit 1406?

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

What is unit 1406 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 1406, Siraj Tower

Starts from the last sale price (AED 415K, 27 May 2009). Switch to today's estimate once you have unlocked it.
Price
AED 415,000
Deposit, UAE resident (20%)
AED 83,000
Deposit, non-resident (40%)
AED 166,000
Monthly over 25 years at 3.7%
AED 1,698

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