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1-bed · 1,231 sqftAl Tajer Residences, Downtown Dubai · 4th floor · completed 2008

4004, Al Tajer Residences

Sold prices and rental history: sold 4 times, last in July 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4004 · DLD and Ejari recordsUpdated 1 December 2023
Last soldAED 2M31 July 2023
Current rentAED 140K /yr1 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 4004, Al Tajer Residences

What is 4004 worth today?

Last sold for AED 2,000,000 in 2023

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1 Dec 2023RentedRenewal
AED 139,630/yr12 months · AED 113 per sqft
31 Jul 2023SoldReady
AED 2,000,000AED 1,624 per sqft
1 Dec 2022RentedNew contract
AED 140,000/yr12 months · AED 114 per sqft
3 Nov 2022SoldReady
AED 2,200,000AED 1,787 per sqft
3 Sep 2018RentedNew contract
AED 171,429/yr7 months · AED 140 per sqft
15 Jul 2017RentedNew contract
AED 150,000/yr12 months · AED 122 per sqft
4 Jun 2016RentedRenewal
AED 162,500/yr12 months · AED 132 per sqft
4 Jun 2015RentedNew contract
AED 162,500/yr12 months · AED 132 per sqft

Source: Dubai Land Department. Updated 1 December 2023.

Key facts

Type
1-bed apartment
Size
1,231 sqft
Floor
4th of 9
Parking
L4-117
Developer
Emaar
Completed
2008
Service charge
AED 28,900 /yr
Last sold
AED 2M · July 2023
Building
Al Tajer Residences

About 4004, Al Tajer Residences

4004 is a one-bedroom apartment of 1,231 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 31 July 2023 for AED 2,000,000, or AED 1,624 per sqft, 9% below the AED 1,787 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, renewed on 1 December 2023, is AED 139,630 a year: a gross yield of 7.0% on the 2023 price, before the service charge of about AED 28,900 a year.

Sales and rents for 4004 over time

Sales
Unit 4004, each saleTypical one-bed in Al Tajer Residences
2M2008201320182023Typical 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, January 2011: AED 1,520,000 (AED 1,234 per sqft)Sold, January 2011: AED 1,600,888 (AED 1,300 per sqft)Sold, November 2022: AED 2,200,000 (AED 1,787 per sqft)Sold, July 2023: AED 2,000,000 (AED 1,624 per sqft)

4004 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 4004, each contractTypical one-bed in Al Tajer Residences
100K150K2012201620202024Typical 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, June 2015: AED 162,500 a yearRenewal, June 2016: AED 162,500 a yearNew contract, July 2017: AED 150,000 a yearNew contract, September 2018: AED 171,429 a yearNew contract, December 2022: AED 140,000 a yearRenewal, December 2023: AED 139,630 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 4004 sits

All 120 1-beds →

4004 last sold in July 2023 at AED 1,624 per sqft, 9% below what one-beds in Al Tajer Residences were fetching at the time (AED 1,787). 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. 4004's AED 139,630 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
40021-bedAED 2.85M · Dec 2024
40031-bedAED 2.25M · Jan 2017
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

4004, Al Tajer Residences in numbers

  • Sold 4 times: first on 12 January 2011 for AED 1,600,888, last on 31 July 2023 for AED 2,000,000 (AED 1,624 per sqft).
  • Rented since June 2015 on 6 Ejari contracts, from AED 162,500 to AED 139,630 a year.
  • At AED 139,630 a year the gross yield on the 2023 price is 7.0%, before a service charge of about AED 28,900 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 1 December 2023.

Questions about 4004, Al Tajer Residences

What did unit 4004 last sell for?

AED 2,000,000 on 31 July 2023: AED 1,624 per sqft for 1,231 sqft. The unit has 4 registered sales; the first was AED 1,600,888 in January 2011.

What is the rent for unit 4004?

AED 139,630 a year on the contract renewed on 1 December 2023. The previous contract, from December 2022, was AED 140,000; the unit has been rented since June 2015.

How big is unit 4004?

1,231 sqft (114.4 sqm): a one-bedroom apartment on the 4th floor of a 9-storey tower completed in 2008.

What is unit 4004 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 4004, Al Tajer Residences

Starts from the last sale price (AED 2M, 31 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

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