Home
Dubai prices
About
Research
1-bed · 1,161 sqftAl Tajer Residences, Downtown Dubai · 5th floor · completed 2008

5062, Al Tajer Residences

Sold prices and rental history: sold 4 times, last in February 2021, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5062 · DLD and Ejari recordsUpdated 24 February 2021
Last soldAED 2.25M24 February 2021
Current rentAED 105K /yr1 December 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 5062

Property timeline for 5062, Al Tajer Residences

What is 5062 worth today?

Last sold for AED 2,250,000 in 2021

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

24 Feb 2021SoldReady
AED 2,250,000AED 1,937 per sqft
1 Dec 2020RentedRenewal
AED 105,000/yr5 months · AED 90 per sqft
1 Dec 2019RentedRenewal
AED 105,000/yr12 months · AED 90 per sqft
1 Jun 2019RentedRenewal
AED 110,000/yr6 months · AED 95 per sqft
11 Nov 2018RentedRenewal
AED 203,962/yr7 months · AED 175 per sqft
11 Nov 2017RentedNew contract
AED 125,000/yr12 months · AED 108 per sqft
19 Dec 2012SoldReady
AED 2,000,000AED 1,722 per sqft
28 Sep 2010SoldReady
AED 1,145,000AED 986 per sqft

Source: Dubai Land Department. Updated 24 February 2021.

Key facts

Type
1-bed apartment
Size
1,161 sqft
Floor
5th of 9
Parking
5. 152
Developer
Emaar
Completed
2008
Service charge
AED 27,200 /yr
Last sold
AED 2.25M · February 2021
Building
Al Tajer Residences

About 5062, Al Tajer Residences

5062 is a one-bedroom apartment of 1,161 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 24 February 2021 for AED 2,250,000, or AED 1,937 per sqft, 57% above the AED 1,233 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, renewed on 1 December 2020, is AED 105,000 a year: a gross yield of 4.7% on the 2021 price, before the service charge of about AED 27,200 a year.

Sales and rents for 5062 over time

Sales
Unit 5062, each saleTypical one-bed in Al Tajer Residences
1M2M2008201320182023Typical 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, July 2010: AED 2,103,888 (AED 1,812 per sqft)Sold, September 2010: AED 1,145,000 (AED 986 per sqft)Sold, December 2012: AED 2,000,000 (AED 1,722 per sqft)Sold, February 2021: AED 2,250,000 (AED 1,937 per sqft)

5062 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 5062, each contractTypical one-bed in Al Tajer Residences
100K200K2012201620202024Typical 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, November 2017: AED 125,000 a yearRenewal, November 2018: AED 203,962 a yearRenewal, June 2019: AED 110,000 a yearRenewal, December 2019: AED 105,000 a yearRenewal, December 2020: AED 105,000 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 5062 sits

All 120 1-beds →

5062 last sold in February 2021 at AED 1,937 per sqft, 57% above what one-beds in Al Tajer Residences were fetching at the time (AED 1,233). 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. 5062's AED 105,000 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
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

5062, Al Tajer Residences in numbers

  • Sold 4 times: first on 1 July 2010 for AED 2,103,888, last on 24 February 2021 for AED 2,250,000 (AED 1,937 per sqft).
  • Rented since November 2017 on 5 Ejari contracts, from AED 125,000 to AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2021 price is 4.7%, before a service charge of about AED 27,200 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 24 February 2021.

Questions about 5062, Al Tajer Residences

What did unit 5062 last sell for?

AED 2,250,000 on 24 February 2021: AED 1,937 per sqft for 1,161 sqft. The unit has 4 registered sales; the first was AED 2,103,888 in July 2010.

What is the rent for unit 5062?

AED 105,000 a year on the contract renewed on 1 December 2020. The previous contract, from December 2019, was AED 105,000; the unit has been rented since November 2017.

How big is unit 5062?

1,161 sqft (107.9 sqm): a one-bedroom apartment on the 5th floor of a 9-storey tower completed in 2008.

What is unit 5062 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.

Selling 5062? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 5062, Al Tajer Residences

Starts from the last sale price (AED 2.25M, 24 February 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,250,000
Deposit, UAE resident (20%)
AED 450,000
Deposit, non-resident (40%)
AED 900,000
Monthly over 25 years at 3.7%
AED 9,205

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