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2-bed · 1,450 sqftAl Tajer Residences, Downtown Dubai · 5th floor · completed 2008

5090, Al Tajer Residences

Sold prices and rental history: sold twice, last in March 2013, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5090 · DLD and Ejari recordsUpdated 1 August 2024
Last soldAED 3M5 March 2013
Current rentAED 140K /yr1 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 5090, Al Tajer Residences

What is 5090 worth today?

Last sold for AED 3,000,000 in 2013

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1 Aug 2024RentedRenewal
AED 140,000/yr12 months · AED 96 per sqft
1 Aug 2023RentedNew contract
AED 140,000/yr12 months · AED 96 per sqft
13 May 2022RentedRenewal
AED 110,000/yr12 months · AED 76 per sqft
13 May 2021RentedNew contract
AED 100,000/yr12 months · AED 69 per sqft
1 Nov 2019RentedNew contract
AED 130,000/yr12 months · AED 89 per sqft
15 Jun 2019RentedNew contract
AED 145,000/yr12 months · AED 100 per sqft
9 Oct 2017RentedNew contract
AED 175,000/yr12 months · AED 120 per sqft
1 Jul 2017RentedNew contract
AED 120,000/yr12 months · AED 83 per sqft

Source: Dubai Land Department. Updated 1 August 2024.

Key facts

Type
2-bed apartment
Size
1,450 sqft
Floor
5th of 9
Parking
5. 182
Developer
Emaar
Completed
2008
Service charge
AED 34,000 /yr
Last sold
AED 3M · March 2013
Building
Al Tajer Residences

About 5090, Al Tajer Residences

5090 is a two-bedroom apartment of 1,450 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 5 March 2013 for AED 3,000,000, or AED 2,068 per sqft, 44% above the AED 1,434 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 1 August 2024, is AED 140,000 a year: a gross yield of 4.7% on the 2013 price, before the service charge of about AED 34,000 a year.

Sales and rents for 5090 over time

Sales
Unit 5090, each saleTypical two-bed in Al Tajer Residences
2M3M4M2008201320182023Typical 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, August 2010: AED 1,880,888 (AED 1,297 per sqft)Sold, March 2013: AED 3,000,000 (AED 2,068 per sqft)

5090 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 5090, each contractTypical two-bed in Al Tajer Residences
100K150K200K2012201620202024Typical 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, August 2013: AED 180,000 a yearRenewal, August 2014: AED 200,000 a yearNew contract, January 2016: AED 170,000 a yearNew contract, July 2017: AED 120,000 a yearNew contract, October 2017: AED 175,000 a yearNew contract, June 2019: AED 145,000 a yearNew contract, November 2019: AED 130,000 a yearNew contract, May 2021: AED 100,000 a yearRenewal, May 2022: AED 110,000 a yearNew contract, August 2023: AED 140,000 a yearRenewal, August 2024: AED 140,000 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 5090 sits

All 116 2-beds →

5090 last sold in March 2013 at AED 2,068 per sqft, 44% above what two-beds in Al Tajer Residences were fetching at the time (AED 1,434). 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. 5090's AED 140,000 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
10 Mar 20265,000,000
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

5090, Al Tajer Residences in numbers

  • Sold twice: first on 1 August 2010 for AED 1,880,888, last on 5 March 2013 for AED 3,000,000 (AED 2,068 per sqft).
  • Rented since August 2013 on 11 Ejari contracts. The rent fell from AED 180,000 to AED 100,000 in 2021 and recovered to AED 140,000 by August 2024.
  • At AED 140,000 a year the gross yield on the 2013 price is 4.7%, before a service charge of about AED 34,000 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 1 August 2024.

Questions about 5090, Al Tajer Residences

What did unit 5090 last sell for?

AED 3,000,000 on 5 March 2013: AED 2,068 per sqft for 1,450 sqft. The unit has 2 registered sales; the first was AED 1,880,888 in August 2010.

What is the rent for unit 5090?

AED 140,000 a year on the contract renewed on 1 August 2024. The previous contract, from August 2023, was AED 140,000; the unit has been rented since August 2013.

How big is unit 5090?

1,450 sqft (134.7 sqm): a two-bedroom apartment on the 5th floor of a 9-storey tower completed in 2008.

What is unit 5090 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 5090, Al Tajer Residences

Starts from the last sale price (AED 3M, 5 March 2013). Switch to today's estimate once you have unlocked it.
Price
AED 3,000,000
Deposit, UAE resident (20%)
AED 600,000
Deposit, non-resident (40%)
AED 1,200,000
Monthly over 25 years at 3.7%
AED 12,274

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