2-bed · 1,411 sqftSiraj Tower, Arjan · 6th floor · completed 2014

612, Siraj Tower

Sold prices and rental history: sold once, by the developer in July 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 612 · DLD and Ejari recordsUpdated 1 July 2024
Last soldAED 1.28M1 July 2024
Current rentAED 65K /yr1 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 612, Siraj Tower

What is 612 worth today?

Last sold for AED 1,279,000 in 2024

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1 Jul 2024Sold by developerReady
AED 1,279,000AED 906 per sqft
1 Sep 2023RentedRenewal
AED 64,500/yr12 months · AED 46 per sqft
1 Sep 2022RentedRenewal
AED 64,500/yr12 months · AED 46 per sqft
1 Sep 2021RentedRenewal
AED 64,500/yr12 months · AED 46 per sqft
1 Aug 2019RentedRenewal
AED 82,000/yr12 months · AED 58 per sqft

Source: Dubai Land Department. Updated 1 July 2024.

Key facts

Type
2-bed apartment
Size
1,411 sqft
Floor
6th of 30
Parking
B2-104
Developer
Al Madar Investment
Completed
2014
Service charge
AED 13,900 /yr
Last sold
AED 1.28M · July 2024
Building
Siraj Tower

About 612, Siraj Tower

612 is a two-bedroom apartment of 1,411 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 July 2024 for AED 1,279,000, or AED 906 per sqft, 5% above the AED 861 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 1 September 2023, is AED 64,500 a year: a gross yield of 5.0% on the 2024 price, before the service charge of about AED 13,900 a year.

Sales and rents for 612 over time

Sales
Unit 612, each saleTypical two-bed in Siraj Tower
1.3M1.4M2009201420192024Typical sale price by year: 2009 AED 1,436,357; 2024 AED 1,300,000; 2025 AED 1,450,000Sold by developer, July 2024: AED 1,279,000 (AED 906 per sqft)

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

Rents
Unit 612, each contractTypical two-bed in Siraj Tower
60K80K100K2016201920222025Typical rent by year: 2016 AED 95,500; 2017 AED 91,000; 2018 AED 86,500; 2019 AED 82,000; 2020 AED 72,000; 2021 AED 64,000; 2022 AED 64,000; 2023 AED 67,350; 2024 AED 73,920; 2025 AED 100,000Renewal, August 2019: AED 82,000 a yearRenewal, September 2021: AED 64,500 a yearRenewal, September 2022: AED 64,500 a yearRenewal, September 2023: AED 64,500 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Siraj Tower, and where 612 sits

All 55 2-beds →

612 last sold in July 2024 at AED 906 per sqft, 5% above what two-beds in Siraj Tower were fetching at the time (AED 861). Over the last 12 months two-beds sold for AED 1,451,000 to 1,500,000, around AED 1,045 per sqft, and rent for AED 95,000 to 120,000 a year. 612's AED 64,500 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
17 Feb 20261,500,000
9 Dec 20251,451,000
31 Jul 20251,475,000
23 Jul 20251,450,000
3 2-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 6th floor

All 365 units in Siraj Tower
Value
6011-bedAED 832K · Apr 2024
602StudioAED 490K · May 2024
603StudioAED 351K · Jul 2023
604StudioAED 495K · Jun 2024
605StudioAED 683K · Apr 2009
606StudioAED 490K · May 2024
607StudioAED 490K · May 2024
1–7 of 12

612, Siraj Tower in numbers

  • Sold once: by Al Madar Investment on 1 July 2024 for AED 1,279,000, or AED 906 per sqft.
  • Rented since August 2019 on 4 Ejari contracts, from AED 82,000 to AED 64,500 a year.
  • At AED 64,500 a year the gross yield on the 2024 price is 5.0%, before a service charge of about AED 13,900 a year (AED 9.86 per sqft).
  • Two-beds in Siraj Tower sold for AED 1,451,000–1,500,000 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 July 2024.

Questions about 612, Siraj Tower

What did unit 612 last sell for?

AED 1,279,000 on 1 July 2024, sold by the developer: AED 906 per sqft for 1,411 sqft. It is the only registered sale of the unit.

What is the rent for unit 612?

AED 64,500 a year on the contract renewed on 1 September 2023. The previous contract, from September 2022, was AED 64,500; the unit has been rented since August 2019.

How big is unit 612?

1,411 sqft (131.1 sqm): a two-bedroom apartment on the 6th floor of a 30-storey tower completed in 2014.

What is unit 612 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Siraj Tower sold for AED 1,451,000 to 1,500,000 in the last 12 months, around AED 1,045 per sqft.

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Mortgage on 612, Siraj Tower

Starts from the last sale price (AED 1.28M, 1 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,279,000
Deposit, UAE resident (20%)
AED 255,800
Deposit, non-resident (40%)
AED 511,600
Monthly over 25 years at 3.7%
AED 5,233

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