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2-bed · 1,429 sqftAl Tajer Residences, Downtown Dubai · 4th floor · completed 2008

4053, Al Tajer Residences

Sold prices and rental history: sold once, by the developer in September 2011, and rented once, from October 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4053 · DLD and Ejari recordsUpdated 9 October 2014
Last soldAED 2.29M19 September 2011
Current rentAED 168K /yr9 October 2014
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 4053, Al Tajer Residences

What is 4053 worth today?

Last sold for AED 2,289,888 in 2011

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9 Oct 2014RentedNew contract
AED 168,000/yr12 months · AED 117 per sqft
19 Sep 2011Sold by developerReady
AED 2,289,888AED 1,602 per sqft

Source: Dubai Land Department. Updated 9 October 2014.

Key facts

Type
2-bed apartment
Size
1,429 sqft
Floor
4th of 9
Parking
4. 96
Developer
Emaar
Completed
2008
Service charge
AED 33,500 /yr
Last sold
AED 2.29M · September 2011
Building
Al Tajer Residences

About 4053, Al Tajer Residences

4053 is a two-bedroom apartment of 1,429 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 19 September 2011 for AED 2,289,888, or AED 1,602 per sqft, 20% above the AED 1,339 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 9 October 2014. The current contract, signed on 9 October 2014, is AED 168,000 a year: a gross yield of 7.3% on the 2011 price, before the service charge of about AED 33,500 a year.

Sales and rents for 4053 over time

Sales
Unit 4053, 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, September 2011: AED 2,289,888 (AED 1,602 per sqft)

4053 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4053, 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, October 2014: AED 168,000 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 4053 sits

All 116 2-beds →

4053 last sold in September 2011 at AED 1,602 per sqft, 20% above what two-beds in Al Tajer Residences were fetching at the time (AED 1,339). 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. 4053's AED 168,000 is in the lower half 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

4053, Al Tajer Residences in numbers

  • Sold once: by Emaar on 19 September 2011 for AED 2,289,888, or AED 1,602 per sqft.
  • Rented since October 2014 on one Ejari contract, at AED 168,000 a year.
  • At AED 168,000 a year the gross yield on the 2011 price is 7.3%, before a service charge of about AED 33,500 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 9 October 2014.

Questions about 4053, Al Tajer Residences

What did unit 4053 last sell for?

AED 2,289,888 on 19 September 2011, sold by the developer: AED 1,602 per sqft for 1,429 sqft. It is the only registered sale of the unit.

What is the rent for unit 4053?

AED 168,000 a year on the contract signed on 9 October 2014.

How big is unit 4053?

1,429 sqft (132.8 sqm): a two-bedroom apartment on the 4th floor of a 9-storey tower completed in 2008.

What is unit 4053 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 4053, Al Tajer Residences

Starts from the last sale price (AED 2.29M, 19 September 2011). Switch to today's estimate once you have unlocked it.
Price
AED 2,289,888
Deposit, UAE resident (20%)
AED 457,978
Deposit, non-resident (40%)
AED 915,955
Monthly over 25 years at 3.7%
AED 9,369

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