1-bed · 1,100 sqftAl Tajer Residences, Downtown Dubai · 5th floor · completed 2008

5007, Al Tajer Residences

Sold prices and rental history: sold 3 times, last in November 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5007 · DLD and Ejari recordsUpdated 28 November 2023
Last soldAED 2.1M28 November 2023
Current rentAED 88K /yr12 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5007, Al Tajer Residences

What is 5007 worth today?

Last sold for AED 2,100,000 in 2023

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28 Nov 2023SoldReady
AED 2,100,000AED 1,909 per sqft
12 Mar 2023RentedRenewal
AED 88,200/yr12 months · AED 80 per sqft
12 Mar 2022RentedRenewal
AED 84,000/yr12 months · AED 77 per sqft
12 Mar 2021RentedRenewal
AED 80,000/yr12 months · AED 73 per sqft
12 Mar 2020RentedRenewal
AED 80,000/yr12 months · AED 73 per sqft
12 Mar 2019RentedNew contract
AED 90,000/yr12 months · AED 82 per sqft
7 Nov 2018SoldReady
AED 1,445,000AED 1,313 per sqft
23 Feb 2011Sold by developerReady
AED 1,456,831AED 1,324 per sqft

Source: Dubai Land Department. Updated 28 November 2023.

Key facts

Type
1-bed apartment
Size
1,100 sqft
Floor
5th of 9
Parking
L5-85
Developer
Emaar
Completed
2008
Service charge
AED 25,800 /yr
Last sold
AED 2.1M · November 2023

About 5007, Al Tajer Residences

5007 is a one-bedroom apartment of 1,100 sqft on the 5th floor of Al Tajer Residences, a 9-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 28 November 2023 for AED 2,100,000, or AED 1,909 per sqft, in line with the AED 1,909 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 12 March 2023, is AED 88,200 a year: a gross yield of 4.2% on the 2023 price, before the service charge of about AED 25,800 a year.

Sales and rents for 5007 over time

Sales
Unit 5007, 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, February 2011: AED 1,456,831 (AED 1,324 per sqft)Sold, November 2018: AED 1,445,000 (AED 1,313 per sqft)Sold, November 2023: AED 2,100,000 (AED 1,909 per sqft)

5007 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 5007, each contractTypical one-bed in Al Tajer Residences
75K100K125K2012201620202024Typical 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 2019: AED 90,000 a yearRenewal, March 2020: AED 80,000 a yearRenewal, March 2021: AED 80,000 a yearRenewal, March 2022: AED 84,000 a yearRenewal, March 2023: AED 88,200 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 5007 sits

All 120 1-beds →

5007 last sold in November 2023 at AED 1,909 per sqft, in line with 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. 5007's AED 88,200 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
50021-bedAED 1.33M · Aug 2010
50031-bedAED 1.34M · Dec 2008
50041-bedAED 2.45M · Mar 2025
50051-bedAED 675K · Oct 2011
50061-bedAED 1.82M · Feb 2013
50081-bedAED 1.38M · Feb 2020
1–7 of 38

5007, Al Tajer Residences in numbers

  • Sold 3 times: first on 23 February 2011 for AED 1,456,831, last on 28 November 2023 for AED 2,100,000 (AED 1,909 per sqft).
  • Rented since March 2019 on 5 Ejari contracts. The rent fell from AED 90,000 to AED 80,000 in 2021 and recovered to AED 88,200 by March 2023.
  • At AED 88,200 a year the gross yield on the 2023 price is 4.2%, before a service charge of about AED 25,800 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 28 November 2023.

Questions about 5007, Al Tajer Residences

What did unit 5007 last sell for?

AED 2,100,000 on 28 November 2023: AED 1,909 per sqft for 1,100 sqft. The unit has 3 registered sales; the first was AED 1,456,831 in February 2011.

What is the rent for unit 5007?

AED 88,200 a year on the contract renewed on 12 March 2023. The previous contract, from March 2022, was AED 84,000; the unit has been rented since March 2019.

How big is unit 5007?

1,100 sqft (102.2 sqm): a one-bedroom apartment on the 5th floor of a 9-storey tower completed in 2008.

What is unit 5007 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 5007, Al Tajer Residences

Starts from the last sale price (AED 2.1M, 28 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,100,000
Deposit, UAE resident (20%)
AED 420,000
Deposit, non-resident (40%)
AED 840,000
Monthly over 25 years at 3.7%
AED 8,592

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