708, Siraj Tower
Sold prices and rental history: sold once, by the developer in August 2023, 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 708, Siraj Tower
What is 708 worth today?
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Source: Dubai Land Department. Updated 1 September 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 857 sqft
- Floor
- 7th of 30
- Parking
- B2-106
- Developer
- Al Madar Investment
- Completed
- 2014
- Service charge
- AED 8,400 /yr
- Last sold
- AED 680K · August 2023
- Building
- Siraj Tower
About 708, Siraj Tower
708 is a one-bedroom apartment of 857 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 18 August 2023 for AED 680,000, or AED 793 per sqft, in line with the AED 793 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, renewed on 1 September 2023, is AED 50,400 a year: a gross yield of 7.4% on the 2023 price, before the service charge of about AED 8,400 a year.
Sales and rents for 708 over time
708 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Siraj Tower, and where 708 sits
All 97 1-beds →708 last sold in August 2023 at AED 793 per sqft, in line with what one-beds in Siraj Tower were fetching at the time (AED 793). Over the last 12 months one-beds sold for AED 853,000 to 1,000,000, around AED 1,099 per sqft, and rent for AED 53,361 to 75,000 a year. 708's AED 50,400 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 11 Feb 202611 February 2026 | 858 sqft | 1,000,000 | 1,165 | ||
| 11 Feb 202611 February 2026 | 858 sqft | 972,000 | 1,132 | ||
| 4 Feb 20264 February 2026 | 811 sqft | 891,000 | 1,098 | ||
| 22 Jan 202622 January 2026 | 857 sqft | 853,000 | 995 |
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 | |
| 705 | Studio | 412 sqft | AED 495KAED 495,000 · Jun 2024June 2024 | 44,000 /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 | |
| 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 |
708, Siraj Tower in numbers
- Sold once: by Al Madar Investment on 18 August 2023 for AED 680,000, or AED 793 per sqft.
- Rented since August 2016 on 7 Ejari contracts. The rent fell from AED 64,500 to AED 43,000 in 2021 and recovered to AED 50,400 by September 2023.
- At AED 50,400 a year the gross yield on the 2023 price is 7.4%, before a service charge of about AED 8,400 a year (AED 9.86 per sqft).
- One-beds in Siraj Tower sold for AED 853,000–1,000,000 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 September 2023.
Questions about 708, Siraj Tower
What did unit 708 last sell for?
AED 680,000 on 18 August 2023, sold by the developer: AED 793 per sqft for 857 sqft. It is the only registered sale of the unit.
What is the rent for unit 708?
AED 50,400 a year on the contract renewed on 1 September 2023. The previous contract, from August 2022, was AED 48,000; the unit has been rented since August 2016.
How big is unit 708?
857 sqft (79.6 sqm): a one-bedroom apartment on the 7th floor of a 30-storey tower completed in 2014.
What is unit 708 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Siraj Tower sold for AED 853,000 to 1,000,000 in the last 12 months, around AED 1,099 per sqft.
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Mortgage on 708, Siraj Tower
Starts from the last sale price (AED 680K, 18 August 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 680,000
- Deposit, UAE resident (20%)
- AED 136,000
- Deposit, non-resident (40%)
- AED 272,000
- Monthly over 25 years at 3.7%
- AED 2,782
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →