1609, Siraj Tower
Sold prices and rental history: sold once, by the developer in June 2016, and rented once, from June 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1609, Siraj Tower
What is 1609 worth today?
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Source: Dubai Land Department. Updated 10 June 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 811 sqft
- Floor
- 16th of 30
- Parking
- G-12
- Developer
- Al Madar Investment
- Completed
- 2014
- Service charge
- AED 8,000 /yr
- Last sold
- AED 705K · June 2016
- Building
- Siraj Tower
About 1609, Siraj Tower
1609 is a one-bedroom apartment of 811 sqft on the 16th floor of Siraj Tower, a 30-storey tower in Arjan completed in 2014 by Al Madar Investment. The developer sold it on 29 June 2016 for AED 705,152, or AED 869 per sqft, 86% above the AED 468 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 10 June 2024. The current contract, signed on 10 June 2024, is AED 60,000 a year: a gross yield of 8.5% on the 2016 price, before the service charge of about AED 8,000 a year.
Sales and rents for 1609 over time
1609 has sold once; the dashed line is the one-bed median of each year in the building.
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 1609 sits
All 97 1-beds →1609 last sold in June 2016 at AED 869 per sqft, 86% above what one-beds in Siraj Tower were fetching at the time (AED 468). Over the last 12 months one-beds sold for AED 853,000 to 1,000,000, around AED 1,099 per sqft, and rent for AED 53,361 to 75,000 a year. 1609's AED 60,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 11 Feb 202611 February 2026 | 858 sqft | 1,000,000 | 1,165 | ||
| 11 Feb 202611 February 2026 | 858 sqft | 972,000 | 1,132 | ||
| 4 Feb 20264 February 2026 | 811 sqft | 891,000 | 1,098 | ||
| 22 Jan 202622 January 2026 | 857 sqft | 853,000 | 995 |
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 16th floor
All 365 units in Siraj Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 1-bed | 858 sqft | AED 930KAED 930,000 · Oct 2024October 2024 | 47,250 /yr | |
| 1602 | Studio | 415 sqft | AED 481KAED 481,350 · Apr 2009April 2009 | ||
| 1603 | Studio | 415 sqft | AED 485KAED 484,876 · Apr 2009April 2009 | ||
| 1604 | Studio | 412 sqft | AED 410KAED 410,000 · Mar 2023March 2023 | 45,000 /yr | |
| 1605 | Studio | 412 sqft | AED 485KAED 484,876 · Apr 2009April 2009 | 36,960 /yr | |
| 1606 | Studio | 415 sqft | AED 425KAED 424,750 · Aug 2016August 2016 | 46,000 /yr | |
| 1607 | Studio | 415 sqft | AED 480KAED 480,000 · Dec 2016December 2016 | 30,000 /yr | |
| 1608 | 1-bed | 858 sqft | AED 913KAED 913,000 · May 2025May 2025 | 72,000 /yr | |
| 1610 | 2-bed | 1,414 sqft | AED 1.21MAED 1,210,300 · May 2024May 2024 | 65,000 /yr | |
| 1611 | 3-bed | 2,015 sqft | AED 1.93MAED 1,931,000 · Nov 2024November 2024 | 90,405 /yr | |
| 1612 | 2-bed | 1,414 sqft | AED 1.27MAED 1,274,000 · Jul 2024July 2024 | 66,675 /yr | |
| 1613 | 1-bed | 811 sqft | AED 400KAED 400,000 · Aug 2016August 2016 | 61,000 /yr |
1609, Siraj Tower in numbers
- Sold once: by Al Madar Investment on 29 June 2016 for AED 705,152, or AED 869 per sqft.
- Rented since June 2024 on one Ejari contract, at AED 60,000 a year.
- At AED 60,000 a year the gross yield on the 2016 price is 8.5%, before a service charge of about AED 8,000 a year (AED 9.86 per sqft).
- One-beds in Siraj Tower sold for AED 853,000–1,000,000 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 10 June 2024.
Questions about 1609, Siraj Tower
What did unit 1609 last sell for?
AED 705,152 on 29 June 2016, sold by the developer: AED 869 per sqft for 811 sqft. It is the only registered sale of the unit.
What is the rent for unit 1609?
AED 60,000 a year on the contract signed on 10 June 2024.
How big is unit 1609?
811 sqft (75.3 sqm): a one-bedroom apartment on the 16th floor of a 30-storey tower completed in 2014.
What is unit 1609 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 853,000 to 1,000,000 in the last 12 months, around AED 1,099 per sqft.
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Mortgage on 1609, Siraj Tower
Starts from the last sale price (AED 705K, 29 June 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 705,152
- Deposit, UAE resident (20%)
- AED 141,030
- Deposit, non-resident (40%)
- AED 282,061
- Monthly over 25 years at 3.7%
- AED 2,885
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →