2-bed · 1,398 sqftAl Tajer Residences, Downtown Dubai · 5th floor · completed 2008

5031, Al Tajer Residences

Sold prices and rental history: sold 5 times, last in March 2026, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5031 · DLD and Ejari recordsUpdated 10 March 2026
Last soldAED 5M10 March 2026
Current rentAED 50K /yr18 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5031, Al Tajer Residences

What is 5031 worth today?

Last sold for AED 5,000,000 in 2026

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10 Mar 2026SoldReady
AED 5,000,000AED 3,576 per sqft
19 Aug 2024SoldReady
AED 3,700,000AED 2,646 per sqft
9 Jul 2024SoldReady
AED 3,050,000AED 2,181 per sqft
18 Jan 2023RentedNew contract
AED 50,000/yr60 months · AED 36 per sqft
27 Mar 2016SoldReady
AED 2,250,000AED 1,609 per sqft
25 Mar 2015RentedNew contract
AED 170,700/yr12 months · AED 122 per sqft
25 Mar 2014RentedNew contract
AED 160,000/yr12 months · AED 114 per sqft
23 Dec 2008Sold by developerReady
AED 2,007,888AED 1,436 per sqft

Source: Dubai Land Department. Updated 10 March 2026.

Key facts

Type
2-bed apartment
Size
1,398 sqft
Floor
5th of 9
Parking
L5-61
Developer
Emaar
Completed
2008
Service charge
AED 32,800 /yr
Last sold
AED 5M · March 2026

About 5031, Al Tajer Residences

5031 is a two-bedroom apartment of 1,398 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 10 March 2026 for AED 5,000,000, or AED 3,576 per sqft, 32% above the AED 2,713 two-beds in the building were fetching at the time.

It has been rented since 2014 on 3 Ejari contracts. The current contract, signed on 18 January 2023, is AED 50,000 a year: a gross yield of 1.0% on the 2026 price, before the service charge of about AED 32,800 a year.

Sales and rents for 5031 over time

Sales
Unit 5031, each saleTypical two-bed in Al Tajer Residences
2M4M2008201320182023Typical 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, December 2008: AED 2,007,888 (AED 1,436 per sqft)Sold, March 2016: AED 2,250,000 (AED 1,609 per sqft)Sold, July 2024: AED 3,050,000 (AED 2,181 per sqft)Sold, August 2024: AED 3,700,000 (AED 2,646 per sqft)Sold, March 2026: AED 5,000,000 (AED 3,576 per sqft)

5031 has sold 5 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 5031, each contractTypical two-bed in Al Tajer Residences
100K200K2012201620202024Typical 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, March 2014: AED 160,000 a yearNew contract, March 2015: AED 170,700 a yearNew contract, January 2023: AED 50,000 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 5031 sits

All 116 2-beds →

5031 last sold in March 2026 at AED 3,576 per sqft, 32% above what two-beds in Al Tajer Residences were fetching at the time (AED 2,713). 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. 5031's AED 50,000 is at the bottom 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
2 Mar 20265,300,000
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 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
50071-bedAED 2.1M · Nov 2023
1–7 of 38

5031, Al Tajer Residences in numbers

  • Sold 5 times: first on 23 December 2008 for AED 2,007,888, last on 10 March 2026 for AED 5,000,000 (AED 3,576 per sqft).
  • Rented since March 2014 on 3 Ejari contracts, from AED 160,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2026 price is 1.0%, before a service charge of about AED 32,800 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 10 March 2026.

Questions about 5031, Al Tajer Residences

What did unit 5031 last sell for?

AED 5,000,000 on 10 March 2026: AED 3,576 per sqft for 1,398 sqft. The unit has 5 registered sales; the first was AED 2,007,888 in December 2008.

What is the rent for unit 5031?

AED 50,000 a year on the contract signed on 18 January 2023. The previous contract, from March 2015, was AED 170,700; the unit has been rented since March 2014.

How big is unit 5031?

1,398 sqft (129.9 sqm): a two-bedroom apartment on the 5th floor of a 9-storey tower completed in 2008.

What is unit 5031 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 5031, Al Tajer Residences

Starts from the last sale price (AED 5M, 10 March 2026). Switch to today's estimate once you have unlocked it.
Price
AED 5,000,000
Deposit, UAE resident (20%)
AED 1,000,000
Deposit, non-resident (40%)
AED 2,000,000
Monthly over 25 years at 3.7%
AED 20,457

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