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1-bed · 990 sqftAl Tajer Residences, Downtown Dubai · 6th floor · completed 2008

6002, Al Tajer Residences

Sold prices and rental history: sold twice, last in June 2020, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 6002 · DLD and Ejari recordsUpdated 8 June 2020
Last soldAED 1.35M8 June 2020
Current rentAED 113K /yr30 September 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 6002, Al Tajer Residences

What is 6002 worth today?

Last sold for AED 1,350,000 in 2020

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8 Jun 2020SoldReady
AED 1,350,000AED 1,363 per sqft
30 Sep 2019RentedRenewal
AED 113,271/yr4 months · AED 114 per sqft
30 Sep 2018RentedNew contract
AED 112,500/yr12 months · AED 114 per sqft
26 Jun 2018RentedNew contract
AED 115,000/yr12 months · AED 116 per sqft
26 Jun 2016RentedNew contract
AED 130,000/yr12 months · AED 131 per sqft
20 Jan 2009Sold by developerReady
AED 1,387,888AED 1,401 per sqft

Source: Dubai Land Department. Updated 8 June 2020.

Key facts

Type
1-bed apartment
Size
990 sqft
Floor
6th of 9
Parking
4. 17
Developer
Emaar
Completed
2008
Service charge
AED 23,200 /yr
Last sold
AED 1.35M · June 2020
Building
Al Tajer Residences

About 6002, Al Tajer Residences

6002 is a one-bedroom apartment of 990 sqft on the 6th floor of Al Tajer Residences, a 9-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 8 June 2020 for AED 1,350,000, or AED 1,363 per sqft, 4% above the AED 1,313 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 4 Ejari contracts. The current contract, renewed on 30 September 2019, is AED 113,271 a year: a gross yield of 8.4% on the 2020 price, before the service charge of about AED 23,200 a year.

Sales and rents for 6002 over time

Sales
Unit 6002, 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, January 2009: AED 1,387,888 (AED 1,401 per sqft)Sold, June 2020: AED 1,350,000 (AED 1,363 per sqft)

6002 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 6002, 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, June 2016: AED 130,000 a yearNew contract, June 2018: AED 115,000 a yearNew contract, September 2018: AED 112,500 a yearRenewal, September 2019: AED 113,271 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 6002 sits

All 120 1-beds →

6002 last sold in June 2020 at AED 1,363 per sqft, 4% above what one-beds in Al Tajer Residences were fetching at the time (AED 1,313). 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. 6002's AED 113,271 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 6th floor

All 248 units in Al Tajer Residences
Value
60012-bedAED 2.05M · Oct 2010
60031-bedAED 1.25M · Apr 2019
60152-bedAED 2.35M · Apr 2022
60161-bedAED 1.44M · May 2010
60171-bedAED 1.7M · Mar 2018
60181-bedAED 2.01M · Feb 2023
60331-bedAED 1.37M · Feb 2011
1–7 of 50

6002, Al Tajer Residences in numbers

  • Sold twice: first on 20 January 2009 for AED 1,387,888, last on 8 June 2020 for AED 1,350,000 (AED 1,363 per sqft).
  • Rented since June 2016 on 4 Ejari contracts, from AED 130,000 to AED 113,271 a year.
  • At AED 113,271 a year the gross yield on the 2020 price is 8.4%, before a service charge of about AED 23,200 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 8 June 2020.

Questions about 6002, Al Tajer Residences

What did unit 6002 last sell for?

AED 1,350,000 on 8 June 2020: AED 1,363 per sqft for 990 sqft. The unit has 2 registered sales; the first was AED 1,387,888 in January 2009.

What is the rent for unit 6002?

AED 113,271 a year on the contract renewed on 30 September 2019. The previous contract, from September 2018, was AED 112,500; the unit has been rented since June 2016.

How big is unit 6002?

990 sqft (92.0 sqm): a one-bedroom apartment on the 6th floor of a 9-storey tower completed in 2008.

What is unit 6002 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 6002, Al Tajer Residences

Starts from the last sale price (AED 1.35M, 8 June 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,350,000
Deposit, UAE resident (20%)
AED 270,000
Deposit, non-resident (40%)
AED 540,000
Monthly over 25 years at 3.7%
AED 5,523

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