1-bed · 1,311 sqftAl Tajer Residences, Downtown Dubai · 4th floor · completed 2008

4002, Al Tajer Residences

Sold prices and rental history: sold 5 times, last in December 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4002 · DLD and Ejari recordsUpdated 5 December 2024
Last soldAED 2.85M5 December 2024
Current rentAED 100K /yr1 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4002, Al Tajer Residences

What is 4002 worth today?

Last sold for AED 2,850,000 in 2024

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5 Dec 2024SoldReady
AED 2,850,000AED 2,173 per sqft
25 Dec 2023SoldReady
AED 2,410,000AED 1,838 per sqft
1 Oct 2022RentedRenewal
AED 100,000/yr12 months · AED 76 per sqft
1 Oct 2021RentedNew contract
AED 95,000/yr12 months · AED 72 per sqft
1 Jun 2017RentedNew contract
AED 135,000/yr12 months · AED 103 per sqft
27 Aug 2013RentedNew contract
AED 124,665/yr12 months · AED 95 per sqft
11 Jul 2013SoldReady
AED 2,350,000AED 1,792 per sqft
18 Feb 2013SoldReady
AED 1,815,000AED 1,384 per sqft

Source: Dubai Land Department. Updated 5 December 2024.

Key facts

Type
1-bed apartment
Size
1,311 sqft
Floor
4th of 9
Parking
L4-119
Developer
Emaar
Completed
2008
Service charge
AED 30,700 /yr
Last sold
AED 2.85M · December 2024

About 4002, Al Tajer Residences

4002 is a one-bedroom apartment of 1,311 sqft on the 4th floor of Al Tajer Residences, a 9-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 5 December 2024 for AED 2,850,000, or AED 2,173 per sqft, 6% above the AED 2,057 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, renewed on 1 October 2022, is AED 100,000 a year: a gross yield of 3.5% on the 2024 price, before the service charge of about AED 30,700 a year.

Sales and rents for 4002 over time

Sales
Unit 4002, each saleTypical one-bed in Al Tajer Residences
1M2M3M2008201320182023Typical 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, December 2011: AED 776,944 (AED 592 per sqft)Sold, February 2013: AED 1,815,000 (AED 1,384 per sqft)Sold, July 2013: AED 2,350,000 (AED 1,792 per sqft)Sold, December 2023: AED 2,410,000 (AED 1,838 per sqft)Sold, December 2024: AED 2,850,000 (AED 2,173 per sqft)

4002 has sold 5 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 4002, each contractTypical one-bed in Al Tajer Residences
100K125K2012201620202024Typical 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, August 2013: AED 124,665 a yearNew contract, June 2017: AED 135,000 a yearNew contract, October 2021: AED 95,000 a yearRenewal, October 2022: AED 100,000 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 4002 sits

All 120 1-beds →

4002 last sold in December 2024 at AED 2,173 per sqft, 6% above what one-beds in Al Tajer Residences were fetching at the time (AED 2,057). 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. 4002's AED 100,000 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 4th floor

All 248 units in Al Tajer Residences
Value
40012-bedAED 3M · Dec 2012
40031-bedAED 2.25M · Jan 2017
40041-bedAED 2M · Jul 2023
40051-bedAED 1.85M · Mar 2010
40061-bedAED 1.6M · Oct 2016
40071-bedAED 1.48M · Mar 2019
40081-bedAED 1.1M · Mar 2015
1–7 of 42

4002, Al Tajer Residences in numbers

  • Sold 5 times: first on 8 December 2011 for AED 776,944, last on 5 December 2024 for AED 2,850,000 (AED 2,173 per sqft).
  • Rented since August 2013 on 4 Ejari contracts, from AED 124,665 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2024 price is 3.5%, before a service charge of about AED 30,700 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 5 December 2024.

Questions about 4002, Al Tajer Residences

What did unit 4002 last sell for?

AED 2,850,000 on 5 December 2024: AED 2,173 per sqft for 1,311 sqft. The unit has 5 registered sales; the first was AED 776,944 in December 2011.

What is the rent for unit 4002?

AED 100,000 a year on the contract renewed on 1 October 2022. The previous contract, from October 2021, was AED 95,000; the unit has been rented since August 2013.

How big is unit 4002?

1,311 sqft (121.8 sqm): a one-bedroom apartment on the 4th floor of a 9-storey tower completed in 2008.

What is unit 4002 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 4002, Al Tajer Residences

Starts from the last sale price (AED 2.85M, 5 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,850,000
Deposit, UAE resident (20%)
AED 570,000
Deposit, non-resident (40%)
AED 1,140,000
Monthly over 25 years at 3.7%
AED 11,660

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