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1-bed · 1,313 sqftAl Tajer Residences, Downtown Dubai · 4th floor · completed 2008

4007, Al Tajer Residences

Sold prices and rental history: sold 3 times, last in March 2019, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4007 · DLD and Ejari recordsUpdated 13 March 2019
Last soldAED 1.48M13 March 2019
Current rentAED 125K /yr3 November 2016
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 4007, Al Tajer Residences

What is 4007 worth today?

Last sold for AED 1,480,000 in 2019

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13 Mar 2019SoldReady
AED 1,480,000AED 1,127 per sqft
3 Nov 2016RentedNew contract
AED 125,000/yr12 months · AED 95 per sqft
23 May 2014RentedNew contract
AED 140,000/yr12 months · AED 107 per sqft
11 Mar 2014SoldReady
AED 2,150,000AED 1,637 per sqft
17 Jan 2010Sold by developerReady
AED 1,645,981AED 1,253 per sqft

Source: Dubai Land Department. Updated 13 March 2019.

Key facts

Type
1-bed apartment
Size
1,313 sqft
Floor
4th of 9
Parking
4. 53
Developer
Emaar
Completed
2008
Service charge
AED 30,800 /yr
Last sold
AED 1.48M · March 2019
Building
Al Tajer Residences

About 4007, Al Tajer Residences

4007 is a one-bedroom apartment of 1,313 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 13 March 2019 for AED 1,480,000, or AED 1,127 per sqft, 16% below the AED 1,341 one-beds in the building were fetching at the time.

It has been rented since 2014 on 2 Ejari contracts. The current contract, signed on 3 November 2016, is AED 125,000 a year: a gross yield of 8.5% on the 2019 price, before the service charge of about AED 30,800 a year.

Sales and rents for 4007 over time

Sales
Unit 4007, 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 2010: AED 1,645,981 (AED 1,253 per sqft)Sold, March 2014: AED 2,150,000 (AED 1,637 per sqft)Sold, March 2019: AED 1,480,000 (AED 1,127 per sqft)

4007 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 4007, 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, May 2014: AED 140,000 a yearNew contract, November 2016: AED 125,000 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 4007 sits

All 120 1-beds →

4007 last sold in March 2019 at AED 1,127 per sqft, 16% below what one-beds in Al Tajer Residences were fetching at the time (AED 1,341). 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. 4007's AED 125,000 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
40021-bedAED 2.85M · Dec 2024
40031-bedAED 2.25M · Jan 2017
40041-bedAED 2M · Jul 2023
40051-bedAED 1.85M · Mar 2010
40061-bedAED 1.6M · Oct 2016
40081-bedAED 1.1M · Mar 2015
1–7 of 42

4007, Al Tajer Residences in numbers

  • Sold 3 times: first on 17 January 2010 for AED 1,645,981, last on 13 March 2019 for AED 1,480,000 (AED 1,127 per sqft).
  • Rented since May 2014 on 2 Ejari contracts, from AED 140,000 to AED 125,000 a year.
  • At AED 125,000 a year the gross yield on the 2019 price is 8.5%, before a service charge of about AED 30,800 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 13 March 2019.

Questions about 4007, Al Tajer Residences

What did unit 4007 last sell for?

AED 1,480,000 on 13 March 2019: AED 1,127 per sqft for 1,313 sqft. The unit has 3 registered sales; the first was AED 1,645,981 in January 2010.

What is the rent for unit 4007?

AED 125,000 a year on the contract signed on 3 November 2016. The previous contract, from May 2014, was AED 140,000.

How big is unit 4007?

1,313 sqft (122.0 sqm): a one-bedroom apartment on the 4th floor of a 9-storey tower completed in 2008.

What is unit 4007 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 4007, Al Tajer Residences

Starts from the last sale price (AED 1.48M, 13 March 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,480,000
Deposit, UAE resident (20%)
AED 296,000
Deposit, non-resident (40%)
AED 592,000
Monthly over 25 years at 3.7%
AED 6,055

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