3-bed · 2,013 sqftSiraj Tower, Arjan · 7th floor · completed 2014

711, Siraj Tower

Sold prices and rental history: sold once, by the developer in July 2024, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 711 · DLD and Ejari recordsUpdated 10 November 2024
Last soldAED 1.86M1 July 2024
Current rentAED 145K /yr10 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 711, Siraj Tower

What is 711 worth today?

Last sold for AED 1,857,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

10 Nov 2024RentedNew contract
AED 145,000/yr12 months · AED 72 per sqft
1 Jul 2024Sold by developerReady
AED 1,857,000AED 922 per sqft
3 May 2024RentedRenewal
AED 98,176/yr6 months · AED 49 per sqft
3 May 2023RentedRenewal
AED 89,250/yr12 months · AED 44 per sqft
3 May 2022RentedNew contract
AED 85,000/yr12 months · AED 42 per sqft
19 Apr 2021RentedNew contract
AED 80,000/yr12 months · AED 40 per sqft
15 Oct 2020RentedRenewal
AED 83,500/yr12 months · AED 41 per sqft
15 Oct 2019RentedRenewal
AED 105,000/yr12 months · AED 52 per sqft

Source: Dubai Land Department. Updated 10 November 2024.

Key facts

Type
3-bed apartment
Size
2,013 sqft
Floor
7th of 30
Parking
B2-109
Developer
Al Madar Investment
Completed
2014
Service charge
AED 19,900 /yr
Last sold
AED 1.86M · July 2024
Building
Siraj Tower

About 711, Siraj Tower

711 is a three-bedroom apartment of 2,013 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 1 July 2024 for AED 1,857,000, or AED 922 per sqft, 10% above the AED 839 three-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 10 Ejari contracts. The current contract, signed on 10 November 2024, is AED 145,000 a year: a gross yield of 7.8% on the 2024 price, before the service charge of about AED 19,900 a year.

Sales and rents for 711 over time

Sales
Unit 711, each saleTypical three-bed in Siraj Tower
1.8M1.9M2M202420252026Typical sale price by year: 2024 AED 1,780,000; 2025 AED 2,000,000Sold by developer, July 2024: AED 1,857,000 (AED 922 per sqft)

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

Rents
Unit 711, each contractTypical three-bed in Siraj Tower
100K150K2016201920222025Typical rent by year: 2016 AED 135,000; 2017 AED 115,500; 2018 AED 110,000; 2019 AED 100,000; 2020 AED 83,500; 2021 AED 82,501; 2022 AED 81,500; 2023 AED 89,250; 2024 AED 98,212New contract, August 2016: AED 135,000 a yearNew contract, October 2017: AED 115,500 a yearRenewal, October 2018: AED 110,000 a yearRenewal, October 2019: AED 105,000 a yearRenewal, October 2020: AED 83,500 a yearNew contract, April 2021: AED 80,000 a yearNew contract, May 2022: AED 85,000 a yearRenewal, May 2023: AED 89,250 a yearRenewal, May 2024: AED 98,176 a yearNew contract, November 2024: AED 145,000 a year

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

3-beds in Siraj Tower, and where 711 sits

All 28 3-beds →

711 last sold in July 2024 at AED 922 per sqft, 10% above what three-beds in Siraj Tower were fetching at the time (AED 839). Over the last 12 months three-beds sold for AED 2,050,000, around AED 1,018 per sqft, and rent for AED 160,000 to 160,000 a year.

Recent 3-bed salesUnit no.Price (AED)Summary
16 Feb 20262,050,000
23 Jul 20252,000,000
15 Jul 20251,970,000
28 May 20251,884,120
2 3-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 7th floor

All 365 units in Siraj Tower
Value
7011-bedAED 861K · Jul 2024
702StudioAED 403K · May 2009
703StudioAED 403K · May 2009
704StudioAED 495K · Jun 2024
705StudioAED 495K · Jun 2024
706StudioAED 495K · Jun 2024
707StudioAED 600K · Dec 2024
1–7 of 12

711, Siraj Tower in numbers

  • Sold once: by Al Madar Investment on 1 July 2024 for AED 1,857,000, or AED 922 per sqft.
  • Rented since August 2016 on 10 Ejari contracts. The rent fell from AED 135,000 to AED 80,000 in 2021 and recovered to AED 145,000 by November 2024.
  • At AED 145,000 a year the gross yield on the 2024 price is 7.8%, before a service charge of about AED 19,900 a year (AED 9.86 per sqft).
  • Three-beds in Siraj Tower sold for AED 2,050,000–2,050,000 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 10 November 2024.

Questions about 711, Siraj Tower

What did unit 711 last sell for?

AED 1,857,000 on 1 July 2024, sold by the developer: AED 922 per sqft for 2,013 sqft. It is the only registered sale of the unit.

What is the rent for unit 711?

AED 145,000 a year on the contract signed on 10 November 2024. The previous contract, from May 2024, was AED 98,176; the unit has been rented since August 2016.

How big is unit 711?

2,013 sqft (187.0 sqm): a three-bedroom apartment on the 7th floor of a 30-storey tower completed in 2014.

What is unit 711 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Siraj Tower sold for AED 2,050,000 to 2,050,000 in the last 12 months, around AED 1,018 per sqft.

Selling 711? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 711, Siraj Tower

Starts from the last sale price (AED 1.86M, 1 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,857,000
Deposit, UAE resident (20%)
AED 371,400
Deposit, non-resident (40%)
AED 742,800
Monthly over 25 years at 3.7%
AED 7,598

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