1022, Al Tajer Residences
Sold prices and rental history: sold 3 times, last in June 2018, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1022, Al Tajer Residences
What is 1022 worth today?
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Source: Dubai Land Department. Updated 27 June 2018.
Key facts
- Type
- 2-bed apartment
- Size
- 1,876 sqft
- Floor
- 1st of 9
- Parking
- 4. 19
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 44,000 /yr
- Last sold
- AED 2.5M · June 2018
- Building
- Al Tajer Residences
About 1022, Al Tajer Residences
1022 is a two-bedroom apartment of 1,876 sqft on the 1st floor of Al Tajer Residences, a 9-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 27 June 2018 for AED 2,500,000, or AED 1,332 per sqft, 16% below the AED 1,583 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, renewed on 1 February 2017, is AED 170,000 a year: a gross yield of 6.8% on the 2018 price, before the service charge of about AED 44,000 a year.
Sales and rents for 1022 over time
1022 has sold 3 times; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Al Tajer Residences, and where 1022 sits
All 116 2-beds →1022 last sold in June 2018 at AED 1,332 per sqft, 16% below what two-beds in Al Tajer Residences were fetching at the time (AED 1,583). Over the last 12 months two-beds sold for AED 2,780,000 to 5,300,000, around AED 2,669 per sqft, and rent for AED 142,000 to 400,000 a year. 1022's AED 170,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 22 Sep 202622 September 2026 | 1,429 sqft | 3,750,000 | 2,624 | ||
| 5 Aug 20265 August 2026 | 1,453 sqft | 2,780,000 | 1,913 | ||
| 16 Mar 202616 March 2026 | 1,583 sqft | 3,425,500 | 2,163 | ||
| 10 Mar 202610 March 2026 | 1,398 sqft | 5,000,000 | 3,576 |
Al Tajer Residences
Building248 apartments, 1-bed to 3-bed over 9 floors in Downtown Dubai, completed in 2008 by Emaar. 11 sold in the last 12 months.
- Typical price per sqft
- AED 2,624 Up 6.2%
- Typical sale
- AED 3.75M
- Typical rent
- AED 150K /yr
- Typical yield
- 4.4%
Other units on the 1st floor
All 248 units in Al Tajer Residences| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1020 | 1-bed | 1,314 sqft | AED 2.25MAED 2,250,000 · Nov 2015November 2015 | 125,000 /yr | |
| 1021 | 2-bed | 1,862 sqft | AED 2MAED 2,000,000 · Jan 2021January 2021 | 109,998 /yr | |
| 1023 | 1-bed | 1,401 sqft | AED 2.53MAED 2,525,000 · Jun 2015June 2015 | 110,000 /yr | |
| 1024 | 2-bed | 954 sqft | AED 921KAED 921,330 · Jul 2012July 2012 | ||
| 1026 | 1-bed | 1,360 sqft | AED 1.64MAED 1,640,000 · May 2012May 2012 | 150,000 /yr | |
| 1027 | 2-bed | 1,887 sqft | AED 2.7MAED 2,700,000 · Apr 2010April 2010 | 200,000 /yr | |
| 1028 | 2-bed | 1,918 sqft | AED 2.87MAED 2,873,888 · Aug 2011August 2011 | 200,000 /yr |
1022, Al Tajer Residences in numbers
- Sold 3 times: first on 1 July 2010 for AED 2,470,000, last on 27 June 2018 for AED 2,500,000 (AED 1,332 per sqft).
- Rented since August 2013 on 5 Ejari contracts, from AED 180,000 to AED 170,000 a year.
- At AED 170,000 a year the gross yield on the 2018 price is 6.8%, before a service charge of about AED 44,000 a year (AED 23.45 per sqft).
- Two-beds in Al Tajer Residences sold for AED 2,780,000–5,300,000 in the 12 months to November 2026; the building's median across all types is AED 2,624 per sqft.
Source: Dubai Land Department. Updated 27 June 2018.
Questions about 1022, Al Tajer Residences
What did unit 1022 last sell for?
AED 2,500,000 on 27 June 2018: AED 1,332 per sqft for 1,876 sqft. The unit has 3 registered sales; the first was AED 2,470,000 in July 2010.
What is the rent for unit 1022?
AED 170,000 a year on the contract renewed on 1 February 2017. The previous contract, from February 2016, was AED 170,000; the unit has been rented since August 2013.
How big is unit 1022?
1,876 sqft (174.3 sqm): a two-bedroom apartment on the 1st floor of a 9-storey tower completed in 2008.
What is unit 1022 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Al Tajer Residences sold for AED 2,780,000 to 5,300,000 in the last 12 months, around AED 2,669 per sqft.
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Mortgage on 1022, Al Tajer Residences
Starts from the last sale price (AED 2.5M, 27 June 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 2,500,000
- Deposit, UAE resident (20%)
- AED 500,000
- Deposit, non-resident (40%)
- AED 1,000,000
- Monthly over 25 years at 3.7%
- AED 10,228
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →