1-bed · 1,083 sqftAl Tajer Residences, Downtown Dubai · 5th floor · completed 2008

5032, Al Tajer Residences

Sold prices and rental history: sold once, by the developer in June 2010, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5032 · DLD and Ejari recordsUpdated 21 May 2024
Last soldAED 1.51M27 June 2010
Current rentAED 125K /yr21 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5032, Al Tajer Residences

What is 5032 worth today?

Last sold for AED 1,507,888 in 2010

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21 May 2024RentedRenewal
AED 125,348/yr12 months · AED 115 per sqft
20 Apr 2023RentedNew contract
AED 120,000/yr13 months · AED 110 per sqft
26 Jan 2022RentedNew contract
AED 110,000/yr12 months · AED 101 per sqft
1 Mar 2021RentedRenewal
AED 100,000/yr6 months · AED 92 per sqft
29 Feb 2020RentedNew contract
AED 110,000/yr12 months · AED 101 per sqft
1 Mar 2017RentedNew contract
AED 175,000/yr12 months · AED 161 per sqft
27 Jun 2010Sold by developerReady
AED 1,507,888AED 1,392 per sqft

Source: Dubai Land Department. Updated 21 May 2024.

Key facts

Type
1-bed apartment
Size
1,083 sqft
Floor
5th of 9
Parking
5. 75
Developer
Emaar
Completed
2008
Service charge
AED 25,400 /yr
Last sold
AED 1.51M · June 2010

About 5032, Al Tajer Residences

5032 is a one-bedroom apartment of 1,083 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 27 June 2010 for AED 1,507,888, or AED 1,392 per sqft, 3% above the AED 1,351 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, renewed on 21 May 2024, is AED 125,348 a year: a gross yield of 8.3% on the 2010 price, before the service charge of about AED 25,400 a year.

Sales and rents for 5032 over time

Sales
Unit 5032, 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, June 2010: AED 1,507,888 (AED 1,392 per sqft)

5032 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 5032, each contractTypical one-bed in Al Tajer Residences
100K150K2012201620202024Typical 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 2017: AED 175,000 a yearNew contract, February 2020: AED 110,000 a yearRenewal, March 2021: AED 100,000 a yearNew contract, January 2022: AED 110,000 a yearNew contract, April 2023: AED 120,000 a yearRenewal, May 2024: AED 125,348 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 5032 sits

All 120 1-beds →

5032 last sold in June 2010 at AED 1,392 per sqft, 3% above what one-beds in Al Tajer Residences were fetching at the time (AED 1,351). 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. 5032's AED 125,348 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
50071-bedAED 2.1M · Nov 2023
1–7 of 38

5032, Al Tajer Residences in numbers

  • Sold once: by Emaar on 27 June 2010 for AED 1,507,888, or AED 1,392 per sqft.
  • Rented since March 2017 on 6 Ejari contracts. The rent fell from AED 175,000 to AED 100,000 in 2021 and recovered to AED 125,348 by May 2024.
  • At AED 125,348 a year the gross yield on the 2010 price is 8.3%, before a service charge of about AED 25,400 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 21 May 2024.

Questions about 5032, Al Tajer Residences

What did unit 5032 last sell for?

AED 1,507,888 on 27 June 2010, sold by the developer: AED 1,392 per sqft for 1,083 sqft. It is the only registered sale of the unit.

What is the rent for unit 5032?

AED 125,348 a year on the contract renewed on 21 May 2024. The previous contract, from April 2023, was AED 120,000; the unit has been rented since March 2017.

How big is unit 5032?

1,083 sqft (100.6 sqm): a one-bedroom apartment on the 5th floor of a 9-storey tower completed in 2008.

What is unit 5032 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 5032, Al Tajer Residences

Starts from the last sale price (AED 1.51M, 27 June 2010). Switch to today's estimate once you have unlocked it.
Price
AED 1,507,888
Deposit, UAE resident (20%)
AED 301,578
Deposit, non-resident (40%)
AED 603,155
Monthly over 25 years at 3.7%
AED 6,169

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