3-bed · 2,678 sqftAl Tajer Residences, Downtown Dubai · 4th floor · completed 2008

4063, Al Tajer Residences

Sold prices and rental history: sold twice, last in September 2020, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4063 · DLD and Ejari recordsUpdated 23 March 2021
Last soldAED 3.95M20 September 2020
Current rentAED 365K /yr23 March 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4063, Al Tajer Residences

What is 4063 worth today?

Last sold for AED 3,950,000 in 2020

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23 Mar 2021RentedNew contract
AED 365,000/yr12 months · AED 136 per sqft
20 Sep 2020SoldReady
AED 3,950,000AED 1,474 per sqft
1 Jun 2019RentedNew contract
AED 190,000/yr12 months · AED 71 per sqft
1 Sep 2017RentedRenewal
AED 300,000/yr4 months · AED 112 per sqft
1 Sep 2016RentedRenewal
AED 300,000/yr12 months · AED 112 per sqft
1 Sep 2014RentedRenewal
AED 150,000/yr24 months · AED 56 per sqft
1 Sep 2013RentedNew contract
AED 273,000/yr12 months · AED 102 per sqft
2 Aug 2010Sold by developerReady
AED 4,173,888AED 1,558 per sqft

Source: Dubai Land Department. Updated 23 March 2021.

Key facts

Type
3-bed apartment
Size
2,678 sqft
Floor
4th of 9
Parking
4. 151/150
Developer
Emaar
Completed
2008
Service charge
AED 62,800 /yr
Last sold
AED 3.95M · September 2020

About 4063, Al Tajer Residences

4063 is a three-bedroom apartment of 2,678 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 20 September 2020 for AED 3,950,000, or AED 1,474 per sqft.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 23 March 2021, is AED 365,000 a year: a gross yield of 9.2% on the 2020 price, before the service charge of about AED 62,800 a year.

Sales and rents for 4063 over time

Rents
Unit 4063, each contractTypical three-bed in Al Tajer Residences
200K400K2013201720212025Typical rent by year: 2014 AED 390,000; 2017 AED 300,000; 2018 AED 298,000; 2019 AED 202,500; 2020 AED 180,000; 2021 AED 262,500; 2022 AED 260,000; 2023 AED 350,000; 2024 AED 282,500; 2025 AED 355,000New contract, September 2013: AED 273,000 a yearRenewal, September 2014: AED 150,000 a yearRenewal, September 2016: AED 300,000 a yearRenewal, September 2017: AED 300,000 a yearNew contract, June 2019: AED 190,000 a yearNew contract, March 2021: AED 365,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Al Tajer Residences, and where 4063 sits

All 12 3-beds →

4063's AED 365,000 is at the top of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
13 Aug 20259,200,000
24 Feb 20258,800,000
28 Apr 20166,600,000
2 Feb 20148,000,000
0 3-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

4063, Al Tajer Residences in numbers

  • Sold twice: first on 2 August 2010 for AED 4,173,888, last on 20 September 2020 for AED 3,950,000 (AED 1,474 per sqft).
  • Rented since September 2013 on 6 Ejari contracts. The rent fell from AED 273,000 to AED 150,000 in 2014 and recovered to AED 365,000 by March 2021.
  • At AED 365,000 a year the gross yield on the 2020 price is 9.2%, before a service charge of about AED 62,800 a year (AED 23.45 per sqft).

Source: Dubai Land Department. Updated 23 March 2021.

Questions about 4063, Al Tajer Residences

What did unit 4063 last sell for?

AED 3,950,000 on 20 September 2020: AED 1,474 per sqft for 2,678 sqft. The unit has 2 registered sales; the first was AED 4,173,888 in August 2010.

What is the rent for unit 4063?

AED 365,000 a year on the contract signed on 23 March 2021. The previous contract, from June 2019, was AED 190,000; the unit has been rented since September 2013.

How big is unit 4063?

2,678 sqft (248.8 sqm): a three-bedroom apartment on the 4th floor of a 9-storey tower completed in 2008.

What is unit 4063 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 4063, Al Tajer Residences

Starts from the last sale price (AED 3.95M, 20 September 2020). Switch to today's estimate once you have unlocked it.
Price
AED 3,950,000
Deposit, UAE resident (20%)
AED 790,000
Deposit, non-resident (40%)
AED 1,580,000
Monthly over 25 years at 3.7%
AED 16,161

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