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2-bed · 1,425 sqftAl Tajer Residences, Downtown Dubai · 4th floor · completed 2008

4021, Al Tajer Residences

Sold prices and rental history: sold 4 times, last in March 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4021 · DLD and Ejari recordsUpdated 12 March 2024
Last soldAED 2.8M12 March 2024
Current rentAED 124K /yr1 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 4021, Al Tajer Residences

What is 4021 worth today?

Last sold for AED 2,800,000 in 2024

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12 Mar 2024SoldReady
AED 2,800,000AED 1,964 per sqft
1 Feb 2023RentedRenewal
AED 123,900/yr12 months · AED 87 per sqft
1 Feb 2022RentedRenewal
AED 118,000/yr12 months · AED 83 per sqft
1 Feb 2021RentedRenewal
AED 118,000/yr12 months · AED 83 per sqft
1 Feb 2020RentedNew contract
AED 118,000/yr12 months · AED 83 per sqft
1 Oct 2018RentedRenewal
AED 190,000/yr12 months · AED 134 per sqft
1 Oct 2017RentedNew contract
AED 200,000/yr12 months · AED 141 per sqft
27 Mar 2017SoldReady
AED 2,500,000AED 1,754 per sqft

Source: Dubai Land Department. Updated 12 March 2024.

Key facts

Type
2-bed apartment
Size
1,425 sqft
Floor
4th of 9
Parking
L4-31
Developer
Emaar
Completed
2008
Service charge
AED 33,400 /yr
Last sold
AED 2.8M · March 2024
Building
Al Tajer Residences

About 4021, Al Tajer Residences

4021 is a two-bedroom apartment of 1,425 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 12 March 2024 for AED 2,800,000, or AED 1,964 per sqft, in line with the AED 2,013 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 1 February 2023, is AED 123,900 a year: a gross yield of 4.4% on the 2024 price, before the service charge of about AED 33,400 a year.

Sales and rents for 4021 over time

Sales
Unit 4021, each saleTypical two-bed in Al Tajer Residences
2M3M4M2008201320182023Typical 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, May 2010: AED 1,876,135 (AED 1,316 per sqft)Sold, February 2015: AED 3,750,000 (AED 2,631 per sqft)Sold, March 2017: AED 2,500,000 (AED 1,754 per sqft)Sold, March 2024: AED 2,800,000 (AED 1,964 per sqft)

4021 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4021, 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 200,000New contract, March 2013: AED 145,000 a yearNew contract, March 2015: AED 190,000 a yearNew contract, May 2015: AED 200,000 a yearNew contract, February 2016: AED 170,000 a yearNew contract, October 2017: AED 200,000 a yearRenewal, October 2018: AED 190,000 a yearNew contract, February 2020: AED 118,000 a yearRenewal, February 2021: AED 118,000 a yearRenewal, February 2022: AED 118,000 a yearRenewal, February 2023: AED 123,900 a year

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 4021 sits

All 116 2-beds →

4021 last sold in March 2024 at AED 1,964 per sqft, in line with what two-beds in Al Tajer Residences were fetching at the time (AED 2,013). 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. 4021's AED 123,900 is at the bottom of that range.

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 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
40071-bedAED 1.48M · Mar 2019
1–7 of 42

4021, Al Tajer Residences in numbers

  • Sold 4 times: first on 12 May 2010 for AED 1,876,135, last on 12 March 2024 for AED 2,800,000 (AED 1,964 per sqft).
  • Rented since March 2013 on 10 Ejari contracts, from AED 145,000 to AED 123,900 a year.
  • At AED 123,900 a year the gross yield on the 2024 price is 4.4%, before a service charge of about AED 33,400 a year (AED 23.45 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 12 March 2024.

Questions about 4021, Al Tajer Residences

What did unit 4021 last sell for?

AED 2,800,000 on 12 March 2024: AED 1,964 per sqft for 1,425 sqft. The unit has 4 registered sales; the first was AED 1,876,135 in May 2010.

What is the rent for unit 4021?

AED 123,900 a year on the contract renewed on 1 February 2023. The previous contract, from February 2022, was AED 118,000; the unit has been rented since March 2013.

How big is unit 4021?

1,425 sqft (132.4 sqm): a two-bedroom apartment on the 4th floor of a 9-storey tower completed in 2008.

What is unit 4021 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 4021, Al Tajer Residences

Starts from the last sale price (AED 2.8M, 12 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,800,000
Deposit, UAE resident (20%)
AED 560,000
Deposit, non-resident (40%)
AED 1,120,000
Monthly over 25 years at 3.7%
AED 11,456

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