1-bed · 997 sqftAl Tajer Residences, Downtown Dubai · 5th floor · completed 2008

5002, Al Tajer Residences

Sold prices and rental history: sold once, by the developer in August 2010, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5002 · DLD and Ejari recordsUpdated 19 April 2023
Last soldAED 1.33M3 August 2010
Current rentAED 135K /yr19 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5002, Al Tajer Residences

What is 5002 worth today?

Last sold for AED 1,334,611 in 2010

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19 Apr 2023RentedNew contract
AED 135,000/yr12 months · AED 135 per sqft
4 Aug 2022RentedNew contract
AED 135,000/yr12 months · AED 135 per sqft
16 Jul 2021RentedRenewal
AED 126,000/yr12 months · AED 126 per sqft
16 Jan 2021RentedRenewal
AED 120,000/yr6 months · AED 120 per sqft
16 Jan 2020RentedRenewal
AED 118,000/yr12 months · AED 118 per sqft
16 Jan 2019RentedRenewal
AED 130,000/yr12 months · AED 130 per sqft
16 Jan 2018RentedRenewal
AED 143,000/yr12 months · AED 143 per sqft
16 Jan 2017RentedNew contract
AED 140,000/yr12 months · AED 140 per sqft

Source: Dubai Land Department. Updated 19 April 2023.

Key facts

Type
1-bed apartment
Size
997 sqft
Floor
5th of 9
Parking
L5-90
Developer
Emaar
Completed
2008
Service charge
AED 23,400 /yr
Last sold
AED 1.33M · August 2010

About 5002, Al Tajer Residences

5002 is a one-bedroom apartment of 997 sqft on the 5th floor of Al Tajer Residences, a 9-storey tower in Downtown Dubai completed in 2008 by Emaar. The developer sold it on 3 August 2010 for AED 1,334,611, or AED 1,338 per sqft, in line with the AED 1,358 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, signed on 19 April 2023, is AED 135,000 a year: a gross yield of 10.1% on the 2010 price, before the service charge of about AED 23,400 a year.

Sales and rents for 5002 over time

Sales
Unit 5002, 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, August 2010: AED 1,334,611 (AED 1,338 per sqft)

5002 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 5002, each contractTypical one-bed in Al Tajer Residences
100K125K150K2012201620202024Typical 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, March 2014: AED 115,000 a yearNew contract, May 2015: AED 140,000 a yearNew contract, January 2017: AED 140,000 a yearRenewal, January 2018: AED 143,000 a yearRenewal, January 2019: AED 130,000 a yearRenewal, January 2020: AED 118,000 a yearRenewal, January 2021: AED 120,000 a yearRenewal, July 2021: AED 126,000 a yearNew contract, August 2022: AED 135,000 a yearNew contract, April 2023: AED 135,000 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 5002 sits

All 120 1-beds →

5002 last sold in August 2010 at AED 1,338 per sqft, in line with what one-beds in Al Tajer Residences were fetching at the time (AED 1,358). 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. 5002's AED 135,000 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 5th floor

All 248 units in Al Tajer Residences
Value
50012-bedAED 2.95M · Nov 2022
50031-bedAED 1.34M · Dec 2008
50041-bedAED 2.45M · Mar 2025
50051-bedAED 675K · Oct 2011
50061-bedAED 1.82M · Feb 2013
50071-bedAED 2.1M · Nov 2023
50081-bedAED 1.38M · Feb 2020
1–7 of 38

5002, Al Tajer Residences in numbers

  • Sold once: by Emaar on 3 August 2010 for AED 1,334,611, or AED 1,338 per sqft.
  • Rented since March 2014 on 10 Ejari contracts, from AED 115,000 to AED 135,000 a year.
  • At AED 135,000 a year the gross yield on the 2010 price is 10.1%, 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 19 April 2023.

Questions about 5002, Al Tajer Residences

What did unit 5002 last sell for?

AED 1,334,611 on 3 August 2010, sold by the developer: AED 1,338 per sqft for 997 sqft. It is the only registered sale of the unit.

What is the rent for unit 5002?

AED 135,000 a year on the contract signed on 19 April 2023. The previous contract, from August 2022, was AED 135,000; the unit has been rented since March 2014.

How big is unit 5002?

997 sqft (92.6 sqm): a one-bedroom apartment on the 5th floor of a 9-storey tower completed in 2008.

What is unit 5002 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 5002, Al Tajer Residences

Starts from the last sale price (AED 1.33M, 3 August 2010). Switch to today's estimate once you have unlocked it.
Price
AED 1,334,611
Deposit, UAE resident (20%)
AED 266,922
Deposit, non-resident (40%)
AED 533,844
Monthly over 25 years at 3.7%
AED 5,460

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