Studio · 415 sqftSiraj Tower, Arjan · 29th floor · completed 2014

2902, Siraj Tower

Sold prices and rental history: sold once, by the developer in May 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2902 · DLD and Ejari recordsUpdated 1 June 2025
Last soldAED 525K15 May 2024
Current rentAED 41K /yr1 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2902, Siraj Tower

What is 2902 worth today?

Last sold for AED 525,000 in 2024

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1 Jun 2025RentedNew contract
AED 41,000/yr12 months · AED 99 per sqft
1 Jun 2024RentedNew contract
AED 41,000/yr12 months · AED 98 per sqft
15 May 2024Sold by developerReady
AED 525,000AED 1,263 per sqft
10 Aug 2022RentedNew contract
AED 32,000/yr12 months · AED 77 per sqft
2 Apr 2021RentedRenewal
AED 26,000/yr12 months · AED 63 per sqft
2 Apr 2020RentedRenewal
AED 34,000/yr12 months · AED 82 per sqft
2 Apr 2019RentedNew contract
AED 38,000/yr12 months · AED 91 per sqft
23 Jan 2017RentedNew contract
AED 41,440/yr12 months · AED 100 per sqft

Source: Dubai Land Department. Updated 1 June 2025.

Key facts

Type
Studio apartment
Size
415 sqft
Floor
29th of 30
Parking
B1-65
Developer
Al Madar Investment
Completed
2014
Service charge
AED 4,100 /yr
Last sold
AED 525K · May 2024
Building
Siraj Tower

About 2902, Siraj Tower

2902 is a studio of 415 sqft on the 29th floor of Siraj Tower, a 30-storey tower in Arjan completed in 2014 by Al Madar Investment. The developer sold it on 15 May 2024 for AED 525,000, or AED 1,263 per sqft, 36% above the AED 931 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, signed on 1 June 2025, is AED 41,000 a year: a gross yield of 7.8% on the 2024 price, before the service charge of about AED 4,100 a year.

Sales and rents for 2902 over time

Sales
Unit 2902, 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 2024: AED 525,000 (AED 1,263 per sqft)

2902 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 2902, 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, January 2017: AED 41,440 a yearNew contract, April 2019: AED 38,000 a yearRenewal, April 2020: AED 34,000 a yearRenewal, April 2021: AED 26,000 a yearNew contract, August 2022: AED 32,000 a yearNew contract, June 2024: AED 41,000 a yearNew contract, June 2025: AED 41,000 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 2902 sits

All 152 studios →

2902 last sold in May 2024 at AED 1,263 per sqft, 36% above what studios in Siraj Tower were fetching at the time (AED 931). 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. 2902's AED 41,000 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 29th floor

All 365 units in Siraj Tower
Value
29011-bedAED 940K · Apr 2025
2903StudioAED 548K · Sep 2024
2904StudioAED 528K · May 2024
2905StudioAED 528K · May 2024
2906StudioAED 589K · Nov 2024
2907StudioAED 525K · May 2024
29081-bedAED 867K · Jul 2024
1–7 of 12

2902, Siraj Tower in numbers

  • Sold once: by Al Madar Investment on 15 May 2024 for AED 525,000, or AED 1,263 per sqft.
  • Rented since January 2017 on 7 Ejari contracts. The rent fell from AED 41,440 to AED 26,000 in 2021 and recovered to AED 41,000 by June 2025.
  • At AED 41,000 a year the gross yield on the 2024 price is 7.8%, 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 1 June 2025.

Questions about 2902, Siraj Tower

What did unit 2902 last sell for?

AED 525,000 on 15 May 2024, sold by the developer: AED 1,263 per sqft for 415 sqft. It is the only registered sale of the unit.

What is the rent for unit 2902?

AED 41,000 a year on the contract signed on 1 June 2025. The previous contract, from June 2024, was AED 41,000; the unit has been rented since January 2017.

How big is unit 2902?

415 sqft (38.6 sqm): a studio on the 29th floor of a 30-storey tower completed in 2014.

What is unit 2902 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 2902, Siraj Tower

Starts from the last sale price (AED 525K, 15 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 525,000
Deposit, UAE resident (20%)
AED 105,000
Deposit, non-resident (40%)
AED 210,000
Monthly over 25 years at 3.7%
AED 2,148

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