Studio · 415 sqftSiraj Tower, Arjan · 8th floor · completed 2014

802, Siraj Tower

Sold prices and rental history: sold once, by the developer in May 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 802 · DLD and Ejari recordsUpdated 10 July 2024
Last soldAED 500K15 May 2024
Current rentAED 43K /yr10 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 802, Siraj Tower

What is 802 worth today?

Last sold for AED 500,000 in 2024

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10 Jul 2024RentedNew contract
AED 43,000/yr12 months · AED 103 per sqft
15 May 2024Sold by developerReady
AED 500,000AED 1,203 per sqft
10 Aug 2022RentedNew contract
AED 28,616/yr12 months · AED 69 per sqft
10 Feb 2021RentedNew contract
AED 27,500/yr6 months · AED 66 per sqft
8 May 2019RentedNew contract
AED 38,000/yr12 months · AED 91 per sqft
5 Jan 2017RentedNew contract
AED 39,756/yr13 months · AED 96 per sqft

Source: Dubai Land Department. Updated 10 July 2024.

Key facts

Type
Studio apartment
Size
415 sqft
Floor
8th of 30
Parking
B2-113
Developer
Al Madar Investment
Completed
2014
Service charge
AED 4,100 /yr
Last sold
AED 500K · May 2024
Building
Siraj Tower

About 802, Siraj Tower

802 is a studio of 415 sqft on the 8th floor of Siraj Tower, a 30-storey tower in Arjan completed in 2014 by Al Madar Investment. The developer sold it on 15 May 2024 for AED 500,000, or AED 1,203 per sqft, 29% above the AED 931 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 10 July 2024, is AED 43,000 a year: a gross yield of 8.6% on the 2024 price, before the service charge of about AED 4,100 a year.

Sales and rents for 802 over time

Sales
Unit 802, each saleTypical studio in Siraj Tower
500K2009201420192024Typical sale price by year: 2009 AED 436,787; 2010 AED 456,000; 2016 AED 400,000; 2017 AED 855,465; 2019 AED 295,000; 2022 AED 327,500; 2023 AED 350,000; 2024 AED 497,500; 2025 AED 544,000; 2026 AED 552,500Sold by developer, May 2024: AED 500,000 (AED 1,203 per sqft)

802 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 802, each contractTypical studio in Siraj Tower
30K40K2016201920222025Typical rent by year: 2016 AED 43,161; 2017 AED 41,000; 2018 AED 41,000; 2019 AED 34,000; 2020 AED 31,000; 2021 AED 26,000; 2022 AED 29,900; 2023 AED 33,308; 2024 AED 40,000; 2025 AED 44,000; 2026 AED 46,000New contract, January 2017: AED 39,756 a yearNew contract, May 2019: AED 38,000 a yearNew contract, February 2021: AED 27,500 a yearNew contract, August 2022: AED 28,616 a yearNew contract, July 2024: AED 43,000 a year

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 802 sits

All 152 studios →

802 last sold in May 2024 at AED 1,203 per sqft, 29% above what studios in Siraj Tower were fetching at the time (AED 931). 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. 802's AED 43,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
13 Feb 2026565,000
11 Feb 2026596,000
30 Jan 2026540,000
27 Jan 2026515,000
8 studio 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 8th floor

All 365 units in Siraj Tower
Value
8011-bedAED 840K · Jul 2024
803StudioAED 495K · Jun 2024
804StudioAED 399K · Jul 2023
805StudioAED 495K · Jun 2024
806StudioAED 625K · Apr 2009
807StudioAED 625K · Apr 2009
8081-bedAED 875K · Apr 2025
1–7 of 12

802, Siraj Tower in numbers

  • Sold once: by Al Madar Investment on 15 May 2024 for AED 500,000, or AED 1,203 per sqft.
  • Rented since January 2017 on 5 Ejari contracts. The rent fell from AED 39,756 to AED 27,500 in 2021 and recovered to AED 43,000 by July 2024.
  • At AED 43,000 a year the gross yield on the 2024 price is 8.6%, 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 10 July 2024.

Questions about 802, Siraj Tower

What did unit 802 last sell for?

AED 500,000 on 15 May 2024, sold by the developer: AED 1,203 per sqft for 415 sqft. It is the only registered sale of the unit.

What is the rent for unit 802?

AED 43,000 a year on the contract signed on 10 July 2024. The previous contract, from August 2022, was AED 28,616; the unit has been rented since January 2017.

How big is unit 802?

415 sqft (38.6 sqm): a studio on the 8th floor of a 30-storey tower completed in 2014.

What is unit 802 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 802, Siraj Tower

Starts from the last sale price (AED 500K, 15 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 500,000
Deposit, UAE resident (20%)
AED 100,000
Deposit, non-resident (40%)
AED 200,000
Monthly over 25 years at 3.7%
AED 2,046

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