2-bed · 954 sqftAl Tajer Residences, Downtown Dubai · 1st floor · completed 2008

1024, Al Tajer Residences

Sold prices and rental history: sold twice, last in July 2012, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1024 · DLD and Ejari recordsUpdated 2 July 2012
Last soldAED 921K2 July 2012
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1024, Al Tajer Residences

What is 1024 worth today?

Last sold for AED 921,330 in 2012

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2 Jul 2012SoldReady
AED 921,330AED 965 per sqft
6 Dec 2010Sold by developerReady
AED 2,375,888AED 1,244 per sqft

Source: Dubai Land Department. Updated 2 July 2012.

Key facts

Type
2-bed apartment
Size
954 sqft
Floor
1st of 9
Parking
4. 21
Developer
Emaar
Completed
2008
Service charge
AED 22,400 /yr
Last sold
AED 921K · July 2012

About 1024, Al Tajer Residences

1024 is a two-bedroom apartment of 954 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 2 July 2012 for AED 921,330, or AED 965 per sqft, 31% below the AED 1,407 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1024 over time

Sales
Unit 1024, each saleTypical two-bed in Al Tajer Residences
2M4M2008201320182023Typical sale price by year: 2008 AED 2,093,888; 2009 AED 2,061,406; 2010 AED 2,056,888; 2011 AED 2,137,944; 2012 AED 2,233,944; 2013 AED 3,000,000; 2014 AED 3,685,444; 2015 AED 3,400,000; 2016 AED 1,989,012; 2017 AED 2,975,000; 2018 AED 2,500,000; 2019 AED 2,160,000; 2020 AED 2,375,000; 2021 AED 2,125,000; 2022 AED 2,625,000; 2023 AED 3,325,000; 2024 AED 3,470,000; 2025 AED 3,925,000; 2026 AED 3,925,000Sold by developer, December 2010: AED 2,375,888 (AED 1,244 per sqft)Sold, July 2012: AED 921,330 (AED 965 per sqft)

1024 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1024, each contractTypical two-bed in Al Tajer Residences
150K200K2012201620202024Typical rent by year: 2012 AED 150,000; 2013 AED 170,000; 2014 AED 190,000; 2015 AED 195,000; 2016 AED 180,000; 2017 AED 180,000; 2018 AED 160,000; 2019 AED 145,000; 2020 AED 125,000; 2021 AED 120,000; 2022 AED 140,000; 2023 AED 160,000; 2024 AED 180,000; 2025 AED 184,500; 2026 AED 200,000

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 1024 sits

All 116 2-beds →

1024 last sold in July 2012 at AED 965 per sqft, 31% below what two-beds in Al Tajer Residences were fetching at the time (AED 1,407). 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.

Recent 2-bed salesUnit no.Price (AED)Summary
22 Sep 20263,750,000
5 Aug 20262,780,000
16 Mar 20263,425,500
10 Mar 20265,000,000
8 2-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
10231-bedAED 2.53M · Jun 2015
10261-bedAED 1.64M · May 2012
10272-bedAED 2.7M · Apr 2010
10282-bedAED 2.87M · Aug 2011

1024, Al Tajer Residences in numbers

  • Sold twice: first on 6 December 2010 for AED 2,375,888, last on 2 July 2012 for AED 921,330 (AED 965 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 2 July 2012.

Questions about 1024, Al Tajer Residences

What did unit 1024 last sell for?

AED 921,330 on 2 July 2012: AED 965 per sqft for 954 sqft. The unit has 2 registered sales; the first was AED 2,375,888 in December 2010.

How big is unit 1024?

954 sqft (88.6 sqm): a two-bedroom apartment on the 1st floor of a 9-storey tower completed in 2008.

What is unit 1024 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 1024, Al Tajer Residences

Starts from the last sale price (AED 921K, 2 July 2012). Switch to today's estimate once you have unlocked it.
Price
AED 921,330
Deposit, UAE resident (20%)
AED 184,266
Deposit, non-resident (40%)
AED 368,532
Monthly over 25 years at 3.7%
AED 3,769

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