Studio · 415 sqftSiraj Tower, Arjan · 17th floor · completed 2014

1703, Siraj Tower

Sold prices and rental history: no registered sale, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1703 · DLD and Ejari recordsUpdated 6 October 2024
Current rentAED 41K /yr6 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1703, Siraj Tower

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6 Oct 2024RentedRenewal
AED 40,950/yr9 months · AED 99 per sqft
6 Oct 2023RentedNew contract
AED 39,000/yr12 months · AED 94 per sqft
8 Apr 2022RentedNew contract
AED 30,000/yr12 months · AED 72 per sqft
1 Apr 2021RentedNew contract
AED 26,000/yr12 months · AED 63 per sqft
15 Sep 2019RentedNew contract
AED 32,000/yr12 months · AED 77 per sqft

Source: Dubai Land Department. Updated 6 October 2024.

Key facts

Type
Studio apartment
Size
415 sqft
Floor
17th of 30
Parking
B1-14
Developer
Al Madar Investment
Completed
2014
Service charge
AED 4,100 /yr
Last sold
No registered sale
Building
Siraj Tower

About 1703, Siraj Tower

1703 is a studio of 415 sqft on the 17th floor of Siraj Tower, a 30-storey tower in Arjan completed in 2014 by Al Madar Investment. No sale of the unit is registered with the Dubai Land Department.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 6 October 2024, is AED 40,950 a year, before the service charge of about AED 4,100 a year.

Sales and rents for 1703 over time

Sales
Unit 1703, 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 552,500

No registered sale of 1703; the dashed line is the studio median of each year in the building.

Rents
Unit 1703, 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 46,000New contract, September 2019: AED 32,000 a yearNew contract, April 2021: AED 26,000 a yearNew contract, April 2022: AED 30,000 a yearNew contract, October 2023: AED 39,000 a yearRenewal, October 2024: AED 40,950 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 1703 sits

All 152 studios →

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. 1703's AED 40,950 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 17th floor

All 365 units in Siraj Tower
Value
17011-bedNo registered sale
1702StudioNo registered sale
1704StudioNo registered sale
1705StudioNo registered sale
1706StudioNo registered sale
1707StudioNo registered sale
17081-bedNo registered sale
1–7 of 12

1703, Siraj Tower in numbers

  • No sale of the unit is registered with the Dubai Land Department.
  • Rented since September 2019 on 5 Ejari contracts. The rent fell from AED 32,000 to AED 26,000 in 2021 and recovered to AED 40,950 by October 2024.
  • 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 6 October 2024.

Questions about 1703, Siraj Tower

What is the rent for unit 1703?

AED 40,950 a year on the contract renewed on 6 October 2024. The previous contract, from October 2023, was AED 39,000; the unit has been rented since September 2019.

How big is unit 1703?

415 sqft (38.6 sqm): a studio on the 17th floor of a 30-storey tower completed in 2014.

What is unit 1703 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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