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1-bed · 996 sqftAl Tajer Residences, Downtown Dubai · 4th floor · completed 2008

4060, Al Tajer Residences

Sold prices and rental history: sold twice, last in March 2016, and rented once, from December 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4060 · DLD and Ejari recordsUpdated 10 March 2016
Last soldAED 2.15M10 March 2016
Current rentAED 140K /yr10 December 2014
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 4060, Al Tajer Residences

What is 4060 worth today?

Last sold for AED 2,150,000 in 2016

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10 Mar 2016SoldReady
AED 2,150,000AED 2,158 per sqft
10 Dec 2014RentedNew contract
AED 140,000/yr12 months · AED 140 per sqft
3 May 2012Sold by developerReady
AED 759,787AED 762 per sqft

Source: Dubai Land Department. Updated 10 March 2016.

Key facts

Type
1-bed apartment
Size
996 sqft
Floor
4th of 9
Parking
4. 74
Developer
Emaar
Completed
2008
Service charge
AED 23,400 /yr
Last sold
AED 2.15M · March 2016
Building
Al Tajer Residences

About 4060, Al Tajer Residences

4060 is a one-bedroom apartment of 996 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 10 March 2016 for AED 2,150,000, or AED 2,158 per sqft, 26% above the AED 1,712 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 10 December 2014. The current contract, signed on 10 December 2014, is AED 140,000 a year: a gross yield of 6.5% on the 2016 price, before the service charge of about AED 23,400 a year.

Sales and rents for 4060 over time

Sales
Unit 4060, each saleTypical one-bed in Al Tajer Residences
1M2M2008201320182023Typical 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, May 2012: AED 759,787 (AED 762 per sqft)Sold, March 2016: AED 2,150,000 (AED 2,158 per sqft)

4060 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 4060, 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, December 2014: AED 140,000 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 4060 sits

All 120 1-beds →

4060 last sold in March 2016 at AED 2,158 per sqft, 26% above what one-beds in Al Tajer Residences were fetching at the time (AED 1,712). 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. 4060's AED 140,000 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

4060, Al Tajer Residences in numbers

  • Sold twice: first on 3 May 2012 for AED 759,787, last on 10 March 2016 for AED 2,150,000 (AED 2,158 per sqft).
  • Rented since December 2014 on one Ejari contract, at AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2016 price is 6.5%, before a service charge of about AED 23,400 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 10 March 2016.

Questions about 4060, Al Tajer Residences

What did unit 4060 last sell for?

AED 2,150,000 on 10 March 2016: AED 2,158 per sqft for 996 sqft. The unit has 2 registered sales; the first was AED 759,787 in May 2012.

What is the rent for unit 4060?

AED 140,000 a year on the contract signed on 10 December 2014.

How big is unit 4060?

996 sqft (92.5 sqm): a one-bedroom apartment on the 4th floor of a 9-storey tower completed in 2008.

What is unit 4060 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 4060, Al Tajer Residences

Starts from the last sale price (AED 2.15M, 10 March 2016). Switch to today's estimate once you have unlocked it.
Price
AED 2,150,000
Deposit, UAE resident (20%)
AED 430,000
Deposit, non-resident (40%)
AED 860,000
Monthly over 25 years at 3.7%
AED 8,796

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