1-bed · 811 sqftSiraj Tower, Arjan · 26th floor · completed 2014

2609, Siraj Tower

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

Unit 2609 · DLD and Ejari recordsUpdated 1 April 2022
Last soldAED 400K11 October 2016
Current rentAED 37K /yr1 April 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2609, Siraj Tower

What is 2609 worth today?

Last sold for AED 400,000 in 2016

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1 Apr 2022RentedRenewal
AED 37,000/yr12 months · AED 46 per sqft
1 Apr 2021RentedNew contract
AED 37,000/yr12 months · AED 46 per sqft
3 Oct 2019RentedNew contract
AED 42,000/yr12 months · AED 52 per sqft
24 Nov 2017RentedRenewal
AED 61,000/yr12 months · AED 75 per sqft
24 Nov 2016RentedNew contract
AED 61,000/yr12 months · AED 75 per sqft
11 Oct 2016Sold by developerReady
AED 400,000AED 493 per sqft

Source: Dubai Land Department. Updated 1 April 2022.

Key facts

Type
1-bed apartment
Size
811 sqft
Floor
26th of 30
Parking
G-33
Developer
Al Madar Investment
Completed
2014
Service charge
AED 8,000 /yr
Last sold
AED 400K · October 2016
Building
Siraj Tower

About 2609, Siraj Tower

2609 is a one-bedroom apartment of 811 sqft on the 26th floor of Siraj Tower, a 30-storey tower in Arjan completed in 2014 by Al Madar Investment. The developer sold it on 11 October 2016 for AED 400,000, or AED 493 per sqft, 5% above the AED 468 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, renewed on 1 April 2022, is AED 37,000 a year: a gross yield of 9.3% on the 2016 price, before the service charge of about AED 8,000 a year.

Sales and rents for 2609 over time

Sales
Unit 2609, each saleTypical one-bed in Siraj Tower
0500K1M2009201420192024Typical sale price by year: 2009 AED 910,060; 2016 AED 138,586; 2023 AED 660,000; 2024 AED 840,000; 2025 AED 875,000; 2026 AED 954,000Sold by developer, October 2016: AED 400,000 (AED 493 per sqft)

2609 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2609, each contractTypical one-bed in Siraj Tower
40K60K2016201920222025Typical rent by year: 2016 AED 64,500; 2017 AED 64,500; 2018 AED 66,000; 2019 AED 49,000; 2020 AED 47,000; 2021 AED 41,000; 2022 AED 45,000; 2023 AED 48,400; 2024 AED 60,000; 2025 AED 70,000; 2026 AED 70,000New contract, November 2016: AED 61,000 a yearRenewal, November 2017: AED 61,000 a yearNew contract, October 2019: AED 42,000 a yearNew contract, April 2021: AED 37,000 a yearRenewal, April 2022: AED 37,000 a year

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 2609 sits

All 97 1-beds →

2609 last sold in October 2016 at AED 493 per sqft, 5% 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. 2609's AED 37,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
11 Feb 20261,000,000
11 Feb 2026972,000
4 Feb 2026891,000
22 Jan 2026853,000
12 1-bed 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 26th floor

All 365 units in Siraj Tower
Value
2602StudioAED 340K · Jul 2022
2603StudioAED 429K · Apr 2009
2604StudioAED 295K · Nov 2022
2605StudioAED 510K · May 2024
2606StudioAED 495K · Jun 2024
2607StudioAED 435K · Apr 2009
26102-bedAED 1.39M · Oct 2024
1–7 of 10

2609, Siraj Tower in numbers

  • Sold once: by Al Madar Investment on 11 October 2016 for AED 400,000, or AED 493 per sqft.
  • Rented since November 2016 on 5 Ejari contracts, from AED 61,000 to AED 37,000 a year.
  • At AED 37,000 a year the gross yield on the 2016 price is 9.3%, 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 1 April 2022.

Questions about 2609, Siraj Tower

What did unit 2609 last sell for?

AED 400,000 on 11 October 2016, sold by the developer: AED 493 per sqft for 811 sqft. It is the only registered sale of the unit.

What is the rent for unit 2609?

AED 37,000 a year on the contract renewed on 1 April 2022. The previous contract, from April 2021, was AED 37,000; the unit has been rented since November 2016.

How big is unit 2609?

811 sqft (75.3 sqm): a one-bedroom apartment on the 26th floor of a 30-storey tower completed in 2014.

What is unit 2609 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 2609, Siraj Tower

Starts from the last sale price (AED 400K, 11 October 2016). Switch to today's estimate once you have unlocked it.
Price
AED 400,000
Deposit, UAE resident (20%)
AED 80,000
Deposit, non-resident (40%)
AED 160,000
Monthly over 25 years at 3.7%
AED 1,637

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