2903, Siraj Tower
Sold prices and rental history: sold once, by the developer in September 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2903, Siraj Tower
What is 2903 worth today?
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Source: Dubai Land Department. Updated 5 September 2024.
Key facts
- Type
- Studio apartment
- Size
- 415 sqft
- Floor
- 29th of 30
- Parking
- B1-64
- Developer
- Al Madar Investment
- Completed
- 2014
- Service charge
- AED 4,100 /yr
- Last sold
- AED 548K · September 2024
- Building
- Siraj Tower
About 2903, Siraj Tower
2903 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 5 September 2024 for AED 548,000, or AED 1,318 per sqft, 10% above the AED 1,200 studios in the building were fetching at the time.
It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, renewed on 9 September 2023, is AED 33,600 a year: a gross yield of 6.1% on the 2024 price, before the service charge of about AED 4,100 a year.
Sales and rents for 2903 over time
2903 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 2903 sits
All 152 studios →2903 last sold in September 2024 at AED 1,318 per sqft, 10% above 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. 2903's AED 33,600 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 29th floor
All 365 units in Siraj Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2901 | 1-bed | 860 sqft | AED 940KAED 940,000 · Apr 2025April 2025 | 51,091 /yr | |
| 2902 | Studio | 415 sqft | AED 525KAED 525,000 · May 2024May 2024 | 41,000 /yr | |
| 2904 | Studio | 412 sqft | AED 528KAED 528,200 · May 2024May 2024 | 44,500 /yr | |
| 2905 | Studio | 412 sqft | AED 528KAED 528,200 · May 2024May 2024 | 47,000 /yr | |
| 2906 | Studio | 415 sqft | AED 589KAED 589,000 · Nov 2024November 2024 | 31,000 /yr | |
| 2907 | Studio | 415 sqft | AED 525KAED 525,000 · May 2024May 2024 | 45,000 /yr | |
| 2908 | 1-bed | 860 sqft | AED 867KAED 867,000 · Jul 2024July 2024 | 47,355 /yr | |
| 2909 | 1-bed | 811 sqft | AED 697KAED 697,000 · Jul 2023July 2023 | 68,000 /yr | |
| 2910 | 2-bed | 1,416 sqft | AED 1.39MAED 1,390,000 · Oct 2024October 2024 | 64,939 /yr | |
| 2911 | 3-bed | 2,015 sqft | AED 1.9MAED 1,900,000 · Jul 2024July 2024 | 89,250 /yr | |
| 2912 | 2-bed | 1,416 sqft | AED 1.4MAED 1,400,000 · Sep 2024September 2024 | 15,000 /yr | |
| 2913 | 1-bed | 811 sqft | AED 898KAED 898,000 · Dec 2024December 2024 | 72,000 /yr |
2903, Siraj Tower in numbers
- Sold once: by Al Madar Investment on 5 September 2024 for AED 548,000, or AED 1,318 per sqft.
- Rented since January 2017 on 7 Ejari contracts. The rent fell from AED 42,000 to AED 24,000 in 2021 and recovered to AED 33,600 by September 2023.
- At AED 33,600 a year the gross yield on the 2024 price is 6.1%, 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 5 September 2024.
Questions about 2903, Siraj Tower
What did unit 2903 last sell for?
AED 548,000 on 5 September 2024, sold by the developer: AED 1,318 per sqft for 415 sqft. It is the only registered sale of the unit.
What is the rent for unit 2903?
AED 33,600 a year on the contract renewed on 9 September 2023. The previous contract, from September 2022, was AED 32,000; the unit has been rented since January 2017.
How big is unit 2903?
415 sqft (38.6 sqm): a studio on the 29th floor of a 30-storey tower completed in 2014.
What is unit 2903 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 2903, Siraj Tower
Starts from the last sale price (AED 548K, 5 September 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 548,000
- Deposit, UAE resident (20%)
- AED 109,600
- Deposit, non-resident (40%)
- AED 219,200
- Monthly over 25 years at 3.7%
- AED 2,242
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →