1407, Siraj Tower
Sold prices and rental history: sold once, by the developer in August 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1407, Siraj Tower
What is 1407 worth today?
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Source: Dubai Land Department. Updated 26 August 2024.
Key facts
- Type
- Studio apartment
- Size
- 415 sqft
- Floor
- 14th of 30
- Parking
- B2-100
- Developer
- Al Madar Investment
- Completed
- 2014
- Service charge
- AED 4,100 /yr
- Last sold
- AED 510K · August 2024
- Building
- Siraj Tower
About 1407, Siraj Tower
1407 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 26 August 2024 for AED 509,751, or AED 1,226 per sqft, in line with the AED 1,200 studios in the building were fetching at the time.
It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, renewed on 31 January 2024, is AED 34,788 a year: a gross yield of 6.8% on the 2024 price, before the service charge of about AED 4,100 a year.
Sales and rents for 1407 over time
1407 has sold once; the dashed line is the studio median of each year in the building.
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 1407 sits
All 152 studios →1407 last sold in August 2024 at AED 1,226 per sqft, in line with what studios in Siraj Tower were fetching at the time (AED 1,200). 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. 1407's AED 34,788 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 13 Feb 202613 February 2026 | 415 sqft | 565,000 | 1,359 | ||
| 11 Feb 202611 February 2026 | 415 sqft | 596,000 | 1,434 | ||
| 30 Jan 202630 January 2026 | 415 sqft | 540,000 | 1,299 | ||
| 27 Jan 202627 January 2026 | 415 sqft | 515,000 | 1,239 |
Siraj Tower
Building365 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%
Other units on the 14th floor
All 365 units in Siraj Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1401 | 1-bed | 857 sqft | AED 917KAED 917,000 · Dec 2024December 2024 | 70,000 /yr | |
| 1402 | Studio | 415 sqft | AED 379KAED 379,432 · Apr 2009April 2009 | 30,000 /yr | |
| 1403 | Studio | 415 sqft | AED 344KAED 344,048 · Aug 2016August 2016 | 41,000 /yr | |
| 1404 | Studio | 412 sqft | AED 395KAED 395,000 · Aug 2016August 2016 | 45,000 /yr | |
| 1405 | Studio | 412 sqft | AED 342KAED 341,869 · Aug 2016August 2016 | 39,900 /yr | |
| 1406 | Studio | 415 sqft | AED 415KAED 415,000 · May 2009May 2009 | ||
| 1408 | 1-bed | 857 sqft | AED 870KAED 870,000 · Sep 2024September 2024 | 80,000 /yr | |
| 1409 | 1-bed | 814 sqft | AED 840KAED 840,100 · Apr 2009April 2009 | 53,361 /yr | |
| 1410 | 2-bed | 1,411 sqft | AED 1.2MAED 1,200,000 · Dec 2018December 2018 | ||
| 1411 | 3-bed | 2,013 sqft | AED 1.78MAED 1,780,000 · Aug 2024August 2024 | 100,000 /yr | |
| 1412 | 2-bed | 1,411 sqft | AED 1.24MAED 1,235,970 · Aug 2024August 2024 | 65,994 /yr | |
| 1413 | 1-bed | 423 sqft | AED 828KAED 828,000 · Apr 2009April 2009 | 60,000 /yr |
1407, Siraj Tower in numbers
- Sold once: by Al Madar Investment on 26 August 2024 for AED 509,751, or AED 1,226 per sqft.
- Rented since April 2018 on 7 Ejari contracts. The rent fell from AED 44,000 to AED 27,500 in 2022 and recovered to AED 34,788 by January 2024.
- At AED 34,788 a year the gross yield on the 2024 price is 6.8%, 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 26 August 2024.
Questions about 1407, Siraj Tower
What did unit 1407 last sell for?
AED 509,751 on 26 August 2024, sold by the developer: AED 1,226 per sqft for 415 sqft. It is the only registered sale of the unit.
What is the rent for unit 1407?
AED 34,788 a year on the contract renewed on 31 January 2024. The previous contract, from January 2023, was AED 31,625; the unit has been rented since April 2018.
How big is unit 1407?
415 sqft (38.6 sqm): a studio on the 14th floor of a 30-storey tower completed in 2014.
What is unit 1407 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 1407, Siraj Tower
Starts from the last sale price (AED 510K, 26 August 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 509,751
- Deposit, UAE resident (20%)
- AED 101,950
- Deposit, non-resident (40%)
- AED 203,900
- Monthly over 25 years at 3.7%
- AED 2,086
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →