2-bed · 2,094 sqftAl Tajer Residences, Downtown Dubai · 4th floor · completed 2008

4089, Al Tajer Residences

Sold prices and rental history: sold twice, last in April 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4089 · DLD and Ejari recordsUpdated 19 April 2023
Last soldAED 3.3M19 April 2023
Current rentAED 155K /yr8 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4089, Al Tajer Residences

What is 4089 worth today?

Last sold for AED 3,300,000 in 2023

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19 Apr 2023SoldReady
AED 3,300,000AED 1,575 per sqft
8 Jun 2022RentedRenewal
AED 155,000/yr12 months · AED 74 per sqft
8 Jun 2021RentedRenewal
AED 155,000/yr12 months · AED 74 per sqft
8 Jun 2020RentedRenewal
AED 165,000/yr12 months · AED 79 per sqft
8 Jun 2019RentedRenewal
AED 175,000/yr12 months · AED 83 per sqft
8 Jun 2018RentedRenewal
AED 175,000/yr12 months · AED 83 per sqft
8 Jun 2017RentedRenewal
AED 175,000/yr12 months · AED 83 per sqft
8 Jun 2016RentedRenewal
AED 175,000/yr12 months · AED 83 per sqft

Source: Dubai Land Department. Updated 19 April 2023.

Key facts

Type
2-bed apartment
Size
2,094 sqft
Floor
4th of 9
Parking
L4-184
Developer
Emaar
Completed
2008
Service charge
AED 49,100 /yr
Last sold
AED 3.3M · April 2023

About 4089, Al Tajer Residences

4089 is a two-bedroom apartment of 2,094 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 19 April 2023 for AED 3,300,000, or AED 1,575 per sqft, 7% below the AED 1,701 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 8 June 2022, is AED 155,000 a year: a gross yield of 4.7% on the 2023 price, before the service charge of about AED 49,100 a year.

Sales and rents for 4089 over time

Sales
Unit 4089, 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, July 2015: AED 2,189,888 (AED 1,045 per sqft)Sold, April 2023: AED 3,300,000 (AED 1,575 per sqft)

4089 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4089, 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, June 2013: AED 185,000 a yearRenewal, June 2014: AED 185,000 a yearNew contract, June 2015: AED 195,000 a yearRenewal, June 2016: AED 175,000 a yearRenewal, June 2017: AED 175,000 a yearRenewal, June 2018: AED 175,000 a yearRenewal, June 2019: AED 175,000 a yearRenewal, June 2020: AED 165,000 a yearRenewal, June 2021: AED 155,000 a yearRenewal, June 2022: AED 155,000 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 4089 sits

All 116 2-beds →

4089 last sold in April 2023 at AED 1,575 per sqft, 7% below what two-beds in Al Tajer Residences were fetching at the time (AED 1,701). 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. 4089's AED 155,000 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

4089, Al Tajer Residences in numbers

  • Sold twice: first on 7 July 2015 for AED 2,189,888, last on 19 April 2023 for AED 3,300,000 (AED 1,575 per sqft).
  • Rented since June 2013 on 10 Ejari contracts, from AED 185,000 to AED 155,000 a year.
  • At AED 155,000 a year the gross yield on the 2023 price is 4.7%, before a service charge of about AED 49,100 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 19 April 2023.

Questions about 4089, Al Tajer Residences

What did unit 4089 last sell for?

AED 3,300,000 on 19 April 2023: AED 1,575 per sqft for 2,094 sqft. The unit has 2 registered sales; the first was AED 2,189,888 in July 2015.

What is the rent for unit 4089?

AED 155,000 a year on the contract renewed on 8 June 2022. The previous contract, from June 2021, was AED 155,000; the unit has been rented since June 2013.

How big is unit 4089?

2,094 sqft (194.5 sqm): a two-bedroom apartment on the 4th floor of a 9-storey tower completed in 2008.

What is unit 4089 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 4089, Al Tajer Residences

Starts from the last sale price (AED 3.3M, 19 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,300,000
Deposit, UAE resident (20%)
AED 660,000
Deposit, non-resident (40%)
AED 1,320,000
Monthly over 25 years at 3.7%
AED 13,501

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