# Siraj Tower

Siraj Tower is a project by Al Madar Investment (L.L.C), recorded at 100% complete at its last Dubai Land Department inspection. 73 sales registered in the trailing 12 months at a median AED 800k (1 166 AED per square foot). Registry facts come from DLD; prices are registered transactions, not asking prices.

## Registry record

| Field | Value | Provenance |
|---|---|---|
| Developer | Al Madar Investment (L.L.C) | DLD verified |
| Status | Finished | DLD verified |
| Construction progress | 100% | DLD verified |
| Registered with DLD | 8 Nov 2008 | DLD verified |
| Construction started | 14 Oct 2008 | DLD verified |
| Declared completion | 17 Mar 2016 | DLD verified |
| Units in the project | 374 | DLD verified |
| Project area | 28 732 sqm | DLD verified |
| Escrow agent | Abu Dhabi Commercial Bank | DLD verified |
| Project number | 181 | DLD verified |

Siraj Tower is a project by Al Madar Investment (L.L.C), recorded at 100% complete at its last Dubai Land Department inspection. 73 sales registered in the trailing 12 months at a median AED 800k (1 166 AED per square foot). Registry facts come from DLD; prices are registered transactions, not asking prices.

| Measure | Value | Year on year |
|---|---|---|
| Median sale price | AED 800k | -8.0% |
| Interquartile range | AED 550k – AED 960k | |
| Median price per sqft | 1 166 AED | +8.9% |
| Registered sales, 12 months | 73 | -27.0% |
| Off-plan share | 0.0% | |

## By number of bedrooms

| Homes | Sales | Median price | Median AED/sqft | Median size | Median rent | Gross yield |
|---|---|---|---|---|---|---|
| Studios | 34 | AED 550k | 1 324 | 415 sqft | — | — |
| 1-bedroom apartments | 27 | AED 910k | 1 098 | 857 sqft | — | — |
| 2-bedroom apartments | 6 | AED 1.45M | 1 027 | 1 411 sqft | — | — |
| 3-bedroom apartments | 6 | AED 2.05M | 1 018 | 2 013 sqft | — | — |

## Price per square foot by month

| Month | Sales | Median AED/sqft | IQR |
|---|---|---|---|
| Aug 2026 | 17 | 1 324 | 1 324 – 1 334 |
| Jul 2026 | 3 | insufficient data | |
| Jun 2026 | 3 | insufficient data | |
| May 2026 | 1 | insufficient data | |
| Apr 2026 | 1 | insufficient data | |
| Mar 2026 | 5 | 1 141 | 1 118 – 1 276 |
| Feb 2026 | 8 | 1 116 | 1 052 – 1 214 |
| Jan 2026 | 7 | 1 119 | 1 118 – 1 205 |
| Dec 2025 | 9 | 1 093 | 1 074 – 1 286 |
| Nov 2025 | 9 | 1 232 | 1 045 – 1 278 |
| Oct 2025 | 9 | 1 064 | 1 004 – 1 109 |
| Sep 2025 | 9 | 1 240 | 1 090 – 1 324 |
| Aug 2025 | 2 | insufficient data | |

## What these numbers do not show

- Prices from the developer. Nothing here is a price list, a payment plan or availability — these are transactions already registered with DLD.
- Whether construction is moving. The completion percentage is the figure recorded at the last technical inspection, and inspections are irregular: an unchanged number does not mean work stopped.
- A handover promise. The declared completion date is a registry field, not a commitment.
- Asking prices. Everything here is a registered transaction; what a home was listed at is a different number.
- Off-market and cash-equivalent deals that never reach the registry, and the price actually negotiated before registration.
- Service charges, chiller fees, agency commission, DLD transfer fees or mortgage costs — none of them are inside these prices.

---

**Source:** Dubai Land Department open data, compiled by Continental Club Property  
**Data through:** 22 Oct 2026  
**Methodology:** https://datadubai.ae/methodology/ (v1.0)  
**License:** Reuse permitted with attribution  
**Canonical:** https://datadubai.ae/projects/siraj-tower/  
**Suggested citation:** Continental Club Property, "Siraj Tower", Dubai Data, data through 22 Oct 2026, https://datadubai.ae/projects/siraj-tower/  
**Disclaimer:** Registered transactions, not asking prices. Not investment advice, not a valuation. Not affiliated with or endorsed by the Dubai Land Department.
