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2-bed · 1,518 sqftAl Tajer Residences, Downtown Dubai · 4th floor · completed 2008

4061, Al Tajer Residences

Sold prices and rental history: sold twice, last in July 2021, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4061 · DLD and Ejari recordsUpdated 2 May 2024
Last soldAED 2.46M14 July 2021
Current rentAED 220K /yr2 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 4061, Al Tajer Residences

What is 4061 worth today?

Last sold for AED 2,455,000 in 2021

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2 May 2024RentedNew contract
AED 220,000/yr12 months · AED 145 per sqft
14 Jul 2021SoldReady
AED 2,455,000AED 1,617 per sqft
20 Jul 2020RentedNew contract
AED 105,000/yr12 months · AED 69 per sqft
11 Apr 2019RentedNew contract
AED 135,000/yr12 months · AED 89 per sqft
10 Aug 2018RentedRenewal
AED 160,000/yr12 months · AED 105 per sqft
10 Aug 2017RentedRenewal
AED 188,000/yr12 months · AED 124 per sqft
10 Aug 2016RentedNew contract
AED 188,000/yr12 months · AED 124 per sqft
22 Feb 2015RentedNew contract
AED 192,000/yr12 months · AED 127 per sqft

Source: Dubai Land Department. Updated 2 May 2024.

Key facts

Type
2-bed apartment
Size
1,518 sqft
Floor
4th of 9
Parking
4. 153
Developer
Emaar
Completed
2008
Service charge
AED 35,600 /yr
Last sold
AED 2.46M · July 2021
Building
Al Tajer Residences

About 4061, Al Tajer Residences

4061 is a two-bedroom apartment of 1,518 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 14 July 2021 for AED 2,455,000, or AED 1,617 per sqft, 46% above the AED 1,109 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, signed on 2 May 2024, is AED 220,000 a year: a gross yield of 9.0% on the 2021 price, before the service charge of about AED 35,600 a year.

Sales and rents for 4061 over time

Sales
Unit 4061, 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, March 2012: AED 2,136,888 (AED 1,407 per sqft)Sold, July 2021: AED 2,455,000 (AED 1,617 per sqft)

4061 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4061, each contractTypical two-bed in Al Tajer Residences
100K200K2012201620202024Typical 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, April 2014: AED 190,000 a yearNew contract, February 2015: AED 192,000 a yearNew contract, August 2016: AED 188,000 a yearRenewal, August 2017: AED 188,000 a yearRenewal, August 2018: AED 160,000 a yearNew contract, April 2019: AED 135,000 a yearNew contract, July 2020: AED 105,000 a yearNew contract, May 2024: AED 220,000 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 4061 sits

All 116 2-beds →

4061 last sold in July 2021 at AED 1,617 per sqft, 46% above what two-beds in Al Tajer Residences were fetching at the time (AED 1,109). 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. 4061's AED 220,000 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

4061, Al Tajer Residences in numbers

  • Sold twice: first on 14 March 2012 for AED 2,136,888, last on 14 July 2021 for AED 2,455,000 (AED 1,617 per sqft).
  • Rented since April 2014 on 8 Ejari contracts. The rent fell from AED 190,000 to AED 105,000 in 2020 and recovered to AED 220,000 by May 2024.
  • At AED 220,000 a year the gross yield on the 2021 price is 9.0%, before a service charge of about AED 35,600 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 2 May 2024.

Questions about 4061, Al Tajer Residences

What did unit 4061 last sell for?

AED 2,455,000 on 14 July 2021: AED 1,617 per sqft for 1,518 sqft. The unit has 2 registered sales; the first was AED 2,136,888 in March 2012.

What is the rent for unit 4061?

AED 220,000 a year on the contract signed on 2 May 2024. The previous contract, from July 2020, was AED 105,000; the unit has been rented since April 2014.

How big is unit 4061?

1,518 sqft (141.0 sqm): a two-bedroom apartment on the 4th floor of a 9-storey tower completed in 2008.

What is unit 4061 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 4061, Al Tajer Residences

Starts from the last sale price (AED 2.46M, 14 July 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,455,000
Deposit, UAE resident (20%)
AED 491,000
Deposit, non-resident (40%)
AED 982,000
Monthly over 25 years at 3.7%
AED 10,044

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