705, Siraj Tower
Sold prices and rental history: sold once, by the developer in June 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 705, Siraj Tower
What is 705 worth today?
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Source: Dubai Land Department. Updated 11 August 2024.
Key facts
- Type
- Studio apartment
- Size
- 412 sqft
- Floor
- 7th of 30
- Parking
- B2-98
- Developer
- Al Madar Investment
- Completed
- 2014
- Service charge
- AED 4,100 /yr
- Last sold
- AED 495K · June 2024
- Building
- Siraj Tower
About 705, Siraj Tower
705 is a studio of 412 sqft on the 7th floor of Siraj Tower, a 30-storey tower in Arjan completed in 2014 by Al Madar Investment. The developer sold it on 3 June 2024 for AED 495,000, or AED 1,200 per sqft, in line with the AED 1,191 studios in the building were fetching at the time.
It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, signed on 11 August 2024, is AED 44,000 a year: a gross yield of 8.9% on the 2024 price, before the service charge of about AED 4,100 a year.
Sales and rents for 705 over time
705 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 705 sits
All 152 studios →705 last sold in June 2024 at AED 1,200 per sqft, in line with what studios in Siraj Tower were fetching at the time (AED 1,191). 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. 705's AED 44,000 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 7th floor
All 365 units in Siraj Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 857 sqft | AED 861KAED 861,000 · Jul 2024July 2024 | 70,000 /yr | |
| 702 | Studio | 415 sqft | AED 403KAED 403,000 · May 2009May 2009 | ||
| 703 | Studio | 415 sqft | AED 403KAED 403,000 · May 2009May 2009 | ||
| 704 | Studio | 412 sqft | AED 495KAED 495,000 · Jun 2024June 2024 | 40,000 /yr | |
| 706 | Studio | 415 sqft | AED 495KAED 495,000 · Jun 2024June 2024 | 40,000 /yr | |
| 707 | Studio | 415 sqft | AED 600KAED 600,000 · Dec 2024December 2024 | 50,400 /yr | |
| 708 | 1-bed | 857 sqft | AED 680KAED 680,000 · Aug 2023August 2023 | 50,400 /yr | |
| 709 | 1-bed | 814 sqft | AED 650KAED 650,000 · May 2024May 2024 | 70,000 /yr | |
| 710 | 2-bed | 1,411 sqft | AED 1.2MAED 1,200,000 · Mar 2024March 2024 | 56,267 /yr | |
| 711 | 3-bed | 2,013 sqft | AED 1.86MAED 1,857,000 · Jul 2024July 2024 | 145,000 /yr | |
| 712 | 2-bed | 1,411 sqft | AED 1.19MAED 1,185,000 · May 2024May 2024 | 56,267 /yr | |
| 713 | 1-bed | 814 sqft | AED 642KAED 641,539 · Sep 2023September 2023 | 40,000 /yr |
705, Siraj Tower in numbers
- Sold once: by Al Madar Investment on 3 June 2024 for AED 495,000, or AED 1,200 per sqft.
- Rented since January 2017 on 5 Ejari contracts. The rent fell from AED 39,756 to AED 26,000 in 2022 and recovered to AED 44,000 by August 2024.
- At AED 44,000 a year the gross yield on the 2024 price is 8.9%, 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 11 August 2024.
Questions about 705, Siraj Tower
What did unit 705 last sell for?
AED 495,000 on 3 June 2024, sold by the developer: AED 1,200 per sqft for 412 sqft. It is the only registered sale of the unit.
What is the rent for unit 705?
AED 44,000 a year on the contract signed on 11 August 2024. The previous contract, from May 2022, was AED 26,000; the unit has been rented since January 2017.
How big is unit 705?
412 sqft (38.3 sqm): a studio on the 7th floor of a 30-storey tower completed in 2014.
What is unit 705 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 705, Siraj Tower
Starts from the last sale price (AED 495K, 3 June 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 495,000
- Deposit, UAE resident (20%)
- AED 99,000
- Deposit, non-resident (40%)
- AED 198,000
- Monthly over 25 years at 3.7%
- AED 2,025
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →