607, Siraj Tower
Sold prices and rental history: sold once, by the developer in May 2024, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 607, Siraj Tower
What is 607 worth today?
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Source: Dubai Land Department. Updated 25 August 2024.
Key facts
- Type
- Studio apartment
- Size
- 415 sqft
- Floor
- 6th of 30
- Parking
- B2-93
- Developer
- Al Madar Investment
- Completed
- 2014
- Service charge
- AED 4,100 /yr
- Last sold
- AED 490K · May 2024
- Building
- Siraj Tower
About 607, Siraj Tower
607 is a studio of 415 sqft on the 6th floor of Siraj Tower, a 30-storey tower in Arjan completed in 2014 by Al Madar Investment. The developer sold it on 1 May 2024 for AED 490,000, or AED 1,179 per sqft, 39% above the AED 847 studios in the building were fetching at the time.
It has been rented continuously since 2016 on 9 Ejari contracts. The current contract, signed on 25 August 2024, is AED 43,000 a year: a gross yield of 8.8% on the 2024 price, before the service charge of about AED 4,100 a year.
Sales and rents for 607 over time
607 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 607 sits
All 152 studios →607 last sold in May 2024 at AED 1,179 per sqft, 39% above what studios in Siraj Tower were fetching at the time (AED 847). 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. 607's AED 43,000 is in the upper 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 6th floor
All 365 units in Siraj Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 1-bed | 857 sqft | AED 832KAED 832,000 · Apr 2024April 2024 | 76,000 /yr | |
| 602 | Studio | 415 sqft | AED 490KAED 490,000 · May 2024May 2024 | 45,000 /yr | |
| 603 | Studio | 415 sqft | AED 351KAED 351,383 · Jul 2023July 2023 | 45,000 /yr | |
| 604 | Studio | 412 sqft | AED 495KAED 495,000 · Jun 2024June 2024 | 42,000 /yr | |
| 605 | Studio | 412 sqft | AED 683KAED 682,500 · Apr 2009April 2009 | 37,485 /yr | |
| 606 | Studio | 415 sqft | AED 490KAED 490,000 · May 2024May 2024 | 43,000 /yr | |
| 608 | 1-bed | 857 sqft | AED 680KAED 680,000 · Aug 2023August 2023 | 50,400 /yr | |
| 609 | 1-bed | 814 sqft | AED 800KAED 800,000 · May 2024May 2024 | 75,000 /yr | |
| 610 | 2-bed | 1,411 sqft | AED 1.3MAED 1,300,000 · Nov 2024November 2024 | 118,200 /yr | |
| 611 | 3-bed | 2,013 sqft | AED 1.9MAED 1,900,000 · Dec 2024December 2024 | 73,156 /yr | |
| 612 | 2-bed | 1,411 sqft | AED 1.28MAED 1,279,000 · Jul 2024July 2024 | 64,500 /yr | |
| 613 | 1-bed | 814 sqft | AED 800KAED 800,000 · May 2024May 2024 | 75,000 /yr |
607, Siraj Tower in numbers
- Sold once: by Al Madar Investment on 1 May 2024 for AED 490,000, or AED 1,179 per sqft.
- Rented since November 2016 on 9 Ejari contracts. The rent fell from AED 39,685 to AED 26,000 in 2021 and recovered to AED 43,000 by August 2024.
- At AED 43,000 a year the gross yield on the 2024 price is 8.8%, 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 25 August 2024.
Questions about 607, Siraj Tower
What did unit 607 last sell for?
AED 490,000 on 1 May 2024, sold by the developer: AED 1,179 per sqft for 415 sqft. It is the only registered sale of the unit.
What is the rent for unit 607?
AED 43,000 a year on the contract signed on 25 August 2024. The previous contract, from June 2024, was AED 43,000; the unit has been rented since November 2016.
How big is unit 607?
415 sqft (38.6 sqm): a studio on the 6th floor of a 30-storey tower completed in 2014.
What is unit 607 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 607, Siraj Tower
Starts from the last sale price (AED 490K, 1 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 490,000
- Deposit, UAE resident (20%)
- AED 98,000
- Deposit, non-resident (40%)
- AED 196,000
- Monthly over 25 years at 3.7%
- AED 2,005
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →