1-bed · 1,401 sqftAl Tajer Residences, Downtown Dubai · 1st floor · completed 2008

1023, Al Tajer Residences

Sold prices and rental history: sold 4 times, last in June 2015, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1023 · DLD and Ejari recordsUpdated 23 June 2026
Last soldAED 2.53M4 June 2015
Current rentAED 110K /yr23 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1023, Al Tajer Residences

What is 1023 worth today?

Last sold for AED 2,525,000 in 2015

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23 Jun 2026RentedNew contract
AED 110,000/yr12 months · AED 79 per sqft
1 Nov 2025RentedRenewal
AED 260,000/yr12 months · AED 186 per sqft
25 Dec 2024RentedNew contract
AED 135,000/yr12 months · AED 96 per sqft
1 Nov 2024RentedNew contract
AED 125,000/yr12 months · AED 89 per sqft
22 Sep 2023RentedNew contract
AED 150,000/yr12 months · AED 107 per sqft
13 Jul 2017RentedNew contract
AED 110,000/yr12 months · AED 79 per sqft
24 May 2016RentedNew contract
AED 130,000/yr12 months · AED 93 per sqft
4 Jun 2015SoldReady
AED 2,525,000AED 1,802 per sqft

Source: Dubai Land Department. Updated 23 June 2026.

Key facts

Type
1-bed apartment
Size
1,401 sqft
Floor
1st of 9
Parking
4. 20
Developer
Emaar
Completed
2008
Service charge
AED 32,900 /yr
Last sold
AED 2.53M · June 2015

About 1023, Al Tajer Residences

1023 is a one-bedroom apartment of 1,401 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 4 June 2015 for AED 2,525,000, or AED 1,802 per sqft, 4% below the AED 1,868 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, signed on 23 June 2026, is AED 110,000 a year: a gross yield of 4.4% on the 2015 price, before the service charge of about AED 32,900 a year.

Sales and rents for 1023 over time

Sales
Unit 1023, each saleTypical one-bed in Al Tajer Residences
1M2M2008201320182023Typical sale price by year: 2008 AED 1,452,388; 2009 AED 1,472,888; 2010 AED 1,453,888; 2011 AED 1,433,888; 2012 AED 1,550,000; 2013 AED 1,900,000; 2014 AED 2,300,000; 2015 AED 2,000,000; 2016 AED 2,025,000; 2017 AED 1,960,000; 2018 AED 1,522,500; 2019 AED 1,350,000; 2020 AED 1,300,000; 2021 AED 1,600,000; 2022 AED 1,910,000; 2023 AED 2,150,000; 2024 AED 2,305,000; 2025 AED 2,637,889Sold by developer, November 2009: AED 848,944 (AED 605 per sqft)Sold, September 2012: AED 1,635,000 (AED 1,166 per sqft)Sold, December 2012: AED 1,830,000 (AED 1,306 per sqft)Sold, June 2015: AED 2,525,000 (AED 1,802 per sqft)

1023 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1023, each contractTypical one-bed in Al Tajer Residences
100K200K2012201620202024Typical rent by year: 2012 AED 109,000; 2013 AED 120,000; 2014 AED 124,200; 2015 AED 135,000; 2016 AED 130,000; 2017 AED 125,000; 2018 AED 115,806; 2019 AED 105,000; 2020 AED 92,028; 2021 AED 90,000; 2022 AED 95,000; 2023 AED 115,000; 2024 AED 125,174; 2025 AED 132,000; 2026 AED 125,500New contract, May 2016: AED 130,000 a yearNew contract, July 2017: AED 110,000 a yearNew contract, September 2023: AED 150,000 a yearNew contract, November 2024: AED 125,000 a yearNew contract, December 2024: AED 135,000 a yearRenewal, November 2025: AED 260,000 a yearNew contract, June 2026: AED 110,000 a year

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

1-beds in Al Tajer Residences, and where 1023 sits

All 120 1-beds →

1023 last sold in June 2015 at AED 1,802 per sqft, 4% below what one-beds in Al Tajer Residences were fetching at the time (AED 1,868). Over the last 12 months one-beds sold for AED 2,500,000 to 3,000,000, around AED 2,621 per sqft, and rent for AED 75,000 to 306,629 a year. 1023's AED 110,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
19 Jun 20262,500,000
12 Mar 20262,700,000
9 Dec 20253,000,000
22 Oct 20252,525,000
3 1-bed sales in the last 12 months

Al Tajer Residences

Building

248 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%
Al Tajer Residences, Downtown Dubai: prices, sales and rents →

Other units on the 1st floor

All 248 units in Al Tajer Residences
Value
10201-bedAED 2.25M · Nov 2015
10212-bedAED 2M · Jan 2021
10222-bedAED 2.5M · Jun 2018
10242-bedAED 921K · Jul 2012
10261-bedAED 1.64M · May 2012
10272-bedAED 2.7M · Apr 2010
10282-bedAED 2.87M · Aug 2011

1023, Al Tajer Residences in numbers

  • Sold 4 times: first on 8 November 2009 for AED 848,944, last on 4 June 2015 for AED 2,525,000 (AED 1,802 per sqft).
  • Rented since May 2016 on 7 Ejari contracts, from AED 130,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2015 price is 4.4%, before a service charge of about AED 32,900 a year (AED 23.45 per sqft).
  • One-beds in Al Tajer Residences sold for AED 2,500,000–3,000,000 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 23 June 2026.

Questions about 1023, Al Tajer Residences

What did unit 1023 last sell for?

AED 2,525,000 on 4 June 2015: AED 1,802 per sqft for 1,401 sqft. The unit has 4 registered sales; the first was AED 848,944 in November 2009.

What is the rent for unit 1023?

AED 110,000 a year on the contract signed on 23 June 2026. The previous contract, from November 2025, was AED 260,000; the unit has been rented since May 2016.

How big is unit 1023?

1,401 sqft (130.2 sqm): a one-bedroom apartment on the 1st floor of a 9-storey tower completed in 2008.

What is unit 1023 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Al Tajer Residences sold for AED 2,500,000 to 3,000,000 in the last 12 months, around AED 2,621 per sqft.

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Mortgage on 1023, Al Tajer Residences

Starts from the last sale price (AED 2.53M, 4 June 2015). Switch to today's estimate once you have unlocked it.
Price
AED 2,525,000
Deposit, UAE resident (20%)
AED 505,000
Deposit, non-resident (40%)
AED 1,010,000
Monthly over 25 years at 3.7%
AED 10,331

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