1-bed · 993 sqftAl Tajer Residences, Downtown Dubai · 4th floor · completed 2008

4038, Al Tajer Residences

Sold prices and rental history: sold once, by the developer in August 2010, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4038 · DLD and Ejari recordsUpdated 21 November 2025
Last soldAED 1.37M9 August 2010
Current rentAED 132K /yr21 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4038, Al Tajer Residences

What is 4038 worth today?

Last sold for AED 1,372,888 in 2010

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21 Nov 2025RentedRenewal
AED 132,000/yr10 months · AED 133 per sqft
21 Nov 2024RentedRenewal
AED 132,000/yr12 months · AED 133 per sqft
21 Nov 2023RentedNew contract
AED 132,000/yr12 months · AED 133 per sqft
10 Nov 2022RentedNew contract
AED 130,000/yr12 months · AED 131 per sqft
5 Jun 2021RentedNew contract
AED 80,000/yr12 months · AED 81 per sqft
9 Jan 2015RentedNew contract
AED 160,000/yr12 months · AED 162 per sqft
15 Dec 2013RentedNew contract
AED 155,000/yr12 months · AED 157 per sqft
9 Aug 2010Sold by developerReady
AED 1,372,888AED 1,382 per sqft

Source: Dubai Land Department. Updated 21 November 2025.

Key facts

Type
1-bed apartment
Size
993 sqft
Floor
4th of 9
Parking
4. 92
Developer
Emaar
Completed
2008
Service charge
AED 23,300 /yr
Last sold
AED 1.37M · August 2010

About 4038, Al Tajer Residences

4038 is a one-bedroom apartment of 993 sqft on the 4th floor of Al Tajer Residences, a 9-storey tower in Downtown Dubai completed in 2008 by Emaar. The developer sold it on 9 August 2010 for AED 1,372,888, or AED 1,382 per sqft, in line with the AED 1,359 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 21 November 2025, is AED 132,000 a year: a gross yield of 9.6% on the 2010 price, before the service charge of about AED 23,300 a year.

Sales and rents for 4038 over time

Sales
Unit 4038, 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, August 2010: AED 1,372,888 (AED 1,382 per sqft)

4038 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 4038, 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, December 2013: AED 155,000 a yearNew contract, January 2015: AED 160,000 a yearNew contract, June 2021: AED 80,000 a yearNew contract, November 2022: AED 130,000 a yearNew contract, November 2023: AED 132,000 a yearRenewal, November 2024: AED 132,000 a yearRenewal, November 2025: AED 132,000 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 4038 sits

All 120 1-beds →

4038 last sold in August 2010 at AED 1,382 per sqft, in line with what one-beds in Al Tajer Residences were fetching at the time (AED 1,359). 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. 4038's AED 132,000 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
40071-bedAED 1.48M · Mar 2019
1–7 of 42

4038, Al Tajer Residences in numbers

  • Sold once: by Emaar on 9 August 2010 for AED 1,372,888, or AED 1,382 per sqft.
  • Rented since December 2013 on 7 Ejari contracts. The rent fell from AED 155,000 to AED 80,000 in 2021 and recovered to AED 132,000 by November 2025.
  • At AED 132,000 a year the gross yield on the 2010 price is 9.6%, before a service charge of about AED 23,300 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 21 November 2025.

Questions about 4038, Al Tajer Residences

What did unit 4038 last sell for?

AED 1,372,888 on 9 August 2010, sold by the developer: AED 1,382 per sqft for 993 sqft. It is the only registered sale of the unit.

What is the rent for unit 4038?

AED 132,000 a year on the contract renewed on 21 November 2025. The previous contract, from November 2024, was AED 132,000; the unit has been rented since December 2013.

How big is unit 4038?

993 sqft (92.3 sqm): a one-bedroom apartment on the 4th floor of a 9-storey tower completed in 2008.

What is unit 4038 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 4038, Al Tajer Residences

Starts from the last sale price (AED 1.37M, 9 August 2010). Switch to today's estimate once you have unlocked it.
Price
AED 1,372,888
Deposit, UAE resident (20%)
AED 274,578
Deposit, non-resident (40%)
AED 549,155
Monthly over 25 years at 3.7%
AED 5,617

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