Home
Dubai prices
About
Research
1-bed · 1,098 sqftAl Tajer Residences, Downtown Dubai · 4th floor · completed 2008

4062, Al Tajer Residences

Sold prices and rental history: sold 4 times, last in December 2023, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4062 · DLD and Ejari recordsUpdated 25 December 2023
Last soldAED 2.28M25 December 2023
Current rentAED 103K /yr27 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 4062

Property timeline for 4062, Al Tajer Residences

What is 4062 worth today?

Last sold for AED 2,280,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

25 Dec 2023SoldReady
AED 2,280,000AED 2,076 per sqft
23 Dec 2022SoldReady
AED 1,900,000AED 1,730 per sqft
27 Aug 2022RentedNew contract
AED 102,500/yr12 months · AED 93 per sqft
27 Aug 2021RentedNew contract
AED 90,000/yr12 months · AED 82 per sqft
1 Aug 2020RentedNew contract
AED 90,000/yr12 months · AED 82 per sqft
10 Jul 2019RentedNew contract
AED 100,000/yr12 months · AED 91 per sqft
30 Aug 2017RentedNew contract
AED 125,000/yr12 months · AED 114 per sqft
1 Nov 2016RentedNew contract
AED 135,000/yr12 months · AED 123 per sqft

Source: Dubai Land Department. Updated 25 December 2023.

Key facts

Type
1-bed apartment
Size
1,098 sqft
Floor
4th of 9
Parking
L4-152
Developer
Emaar
Completed
2008
Service charge
AED 25,700 /yr
Last sold
AED 2.28M · December 2023
Building
Al Tajer Residences

About 4062, Al Tajer Residences

4062 is a one-bedroom apartment of 1,098 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 25 December 2023 for AED 2,280,000, or AED 2,076 per sqft, 9% above the AED 1,909 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, signed on 27 August 2022, is AED 102,500 a year: a gross yield of 4.5% on the 2023 price, before the service charge of about AED 25,700 a year.

Sales and rents for 4062 over time

Sales
Unit 4062, 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, October 2010: AED 1,604,888 (AED 1,461 per sqft)Sold, April 2013: AED 1,950,000 (AED 1,775 per sqft)Sold, December 2022: AED 1,900,000 (AED 1,730 per sqft)Sold, December 2023: AED 2,280,000 (AED 2,076 per sqft)

4062 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 4062, 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, November 2016: AED 135,000 a yearNew contract, August 2017: AED 125,000 a yearNew contract, July 2019: AED 100,000 a yearNew contract, August 2020: AED 90,000 a yearNew contract, August 2021: AED 90,000 a yearNew contract, August 2022: AED 102,500 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 4062 sits

All 120 1-beds →

4062 last sold in December 2023 at AED 2,076 per sqft, 9% above what one-beds in Al Tajer Residences were fetching at the time (AED 1,909). 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. 4062's AED 102,500 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

4062, Al Tajer Residences in numbers

  • Sold 4 times: first on 17 October 2010 for AED 1,604,888, last on 25 December 2023 for AED 2,280,000 (AED 2,076 per sqft).
  • Rented since November 2016 on 6 Ejari contracts. The rent fell from AED 135,000 to AED 90,000 in 2021 and recovered to AED 102,500 by August 2022.
  • At AED 102,500 a year the gross yield on the 2023 price is 4.5%, before a service charge of about AED 25,700 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 25 December 2023.

Questions about 4062, Al Tajer Residences

What did unit 4062 last sell for?

AED 2,280,000 on 25 December 2023: AED 2,076 per sqft for 1,098 sqft. The unit has 4 registered sales; the first was AED 1,604,888 in October 2010.

What is the rent for unit 4062?

AED 102,500 a year on the contract signed on 27 August 2022. The previous contract, from August 2021, was AED 90,000; the unit has been rented since November 2016.

How big is unit 4062?

1,098 sqft (102.0 sqm): a one-bedroom apartment on the 4th floor of a 9-storey tower completed in 2008.

What is unit 4062 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.

Selling 4062? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 4062, Al Tajer Residences

Starts from the last sale price (AED 2.28M, 25 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,280,000
Deposit, UAE resident (20%)
AED 456,000
Deposit, non-resident (40%)
AED 912,000
Monthly over 25 years at 3.7%
AED 9,328

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