1-bed · 1,031 sqftAl Tajer Residences, Downtown Dubai · 5th floor · completed 2008

5065, Al Tajer Residences

Sold prices and rental history: sold 3 times, last in August 2017, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5065 · DLD and Ejari recordsUpdated 16 July 2022
Last soldAED 950K14 August 2017
Current rentAED 120K /yr16 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5065, Al Tajer Residences

What is 5065 worth today?

Last sold for AED 950,000 in 2017

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16 Jul 2022RentedRenewal
AED 120,000/yr12 months · AED 116 per sqft
16 Jul 2021RentedRenewal
AED 90,000/yr12 months · AED 87 per sqft
16 Jul 2020RentedNew contract
AED 85,000/yr12 months · AED 82 per sqft
14 Aug 2017SoldReady
AED 950,000AED 921 per sqft
13 Aug 2015RentedNew contract
AED 140,000/yr12 months · AED 135 per sqft
15 Nov 2009Sold by developerReady
AED 1,642,200AED 1,592 per sqft
15 Nov 2009SoldReady
AED 1,387,888AED 1,346 per sqft

Source: Dubai Land Department. Updated 16 July 2022.

Key facts

Type
1-bed apartment
Size
1,031 sqft
Floor
5th of 9
Parking
5. 147
Developer
Emaar
Completed
2008
Service charge
AED 24,200 /yr
Last sold
AED 950K · August 2017

About 5065, Al Tajer Residences

5065 is a one-bedroom apartment of 1,031 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 14 August 2017 for AED 950,000, or AED 921 per sqft, 39% below the AED 1,521 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 4 Ejari contracts. The current contract, renewed on 16 July 2022, is AED 120,000 a year: a gross yield of 12.6% on the 2017 price, before the service charge of about AED 24,200 a year.

Sales and rents for 5065 over time

Sales
Unit 5065, 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, November 2009: AED 1,642,200 (AED 1,592 per sqft)Sold, November 2009: AED 1,387,888 (AED 1,346 per sqft)Sold, August 2017: AED 950,000 (AED 921 per sqft)

5065 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 5065, each contractTypical one-bed in Al Tajer Residences
100K125K2012201620202024Typical 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, August 2015: AED 140,000 a yearNew contract, July 2020: AED 85,000 a yearRenewal, July 2021: AED 90,000 a yearRenewal, July 2022: AED 120,000 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 5065 sits

All 120 1-beds →

5065 last sold in August 2017 at AED 921 per sqft, 39% below what one-beds in Al Tajer Residences were fetching at the time (AED 1,521). 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. 5065's AED 120,000 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

5065, Al Tajer Residences in numbers

  • Sold 3 times: first on 15 November 2009 for AED 1,387,888, last on 14 August 2017 for AED 950,000 (AED 921 per sqft).
  • Rented since August 2015 on 4 Ejari contracts. The rent fell from AED 140,000 to AED 85,000 in 2020 and recovered to AED 120,000 by July 2022.
  • At AED 120,000 a year the gross yield on the 2017 price is 12.6%, before a service charge of about AED 24,200 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 16 July 2022.

Questions about 5065, Al Tajer Residences

What did unit 5065 last sell for?

AED 950,000 on 14 August 2017: AED 921 per sqft for 1,031 sqft. The unit has 3 registered sales; the first was AED 1,387,888 in November 2009.

What is the rent for unit 5065?

AED 120,000 a year on the contract renewed on 16 July 2022. The previous contract, from July 2021, was AED 90,000; the unit has been rented since August 2015.

How big is unit 5065?

1,031 sqft (95.8 sqm): a one-bedroom apartment on the 5th floor of a 9-storey tower completed in 2008.

What is unit 5065 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 5065, Al Tajer Residences

Starts from the last sale price (AED 950K, 14 August 2017). Switch to today's estimate once you have unlocked it.
Price
AED 950,000
Deposit, UAE resident (20%)
AED 190,000
Deposit, non-resident (40%)
AED 380,000
Monthly over 25 years at 3.7%
AED 3,887

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