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2-bed · 1,392 sqftAl Tajer Residences, Downtown Dubai · 6th floor · completed 2008

6034, Al Tajer Residences

Sold prices and rental history: sold once, by the developer in September 2009, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 6034 · DLD and Ejari recordsUpdated 15 February 2024
Last soldAED 1.01M28 September 2009
Current rentAED 150K /yr15 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 6034, Al Tajer Residences

What is 6034 worth today?

Last sold for AED 1,006,944 in 2009

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15 Feb 2024RentedRenewal
AED 150,000/yr24 months · AED 108 per sqft
15 Feb 2024RentedRenewal
AED 150,000/yr24 months · AED 108 per sqft
15 Feb 2023RentedRenewal
AED 150,000/yr12 months · AED 108 per sqft
15 Feb 2022RentedRenewal
AED 150,000/yr12 months · AED 108 per sqft
15 Feb 2021RentedRenewal
AED 150,000/yr12 months · AED 108 per sqft
15 Feb 2020RentedRenewal
AED 150,000/yr12 months · AED 108 per sqft
15 Feb 2019RentedRenewal
AED 150,000/yr12 months · AED 108 per sqft
15 Feb 2018RentedRenewal
AED 150,000/yr12 months · AED 108 per sqft

Source: Dubai Land Department. Updated 15 February 2024.

Key facts

Type
2-bed apartment
Size
1,392 sqft
Floor
6th of 9
Parking
4. 45
Developer
Emaar
Completed
2008
Service charge
AED 32,600 /yr
Last sold
AED 1.01M · September 2009
Building
Al Tajer Residences

About 6034, Al Tajer Residences

6034 is a two-bedroom apartment of 1,392 sqft on the 6th floor of Al Tajer Residences, a 9-storey tower in Downtown Dubai completed in 2008 by Emaar. The developer sold it on 28 September 2009 for AED 1,006,944, or AED 723 per sqft, 49% below the AED 1,423 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 13 Ejari contracts. The current contract, renewed on 15 February 2024, is AED 150,000 a year: a gross yield of 14.9% on the 2009 price, before the service charge of about AED 32,600 a year.

Sales and rents for 6034 over time

Sales
Unit 6034, each saleTypical two-bed in Al Tajer Residences
2M4M2008201320182023Typical 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, September 2009: AED 1,006,944 (AED 723 per sqft)

6034 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 6034, 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, July 2012: AED 110,000 a yearNew contract, July 2013: AED 135,000 a yearNew contract, February 2015: AED 150,000 a yearRenewal, February 2016: AED 150,000 a yearRenewal, February 2017: AED 150,000 a yearRenewal, February 2018: AED 150,000 a yearRenewal, February 2019: AED 150,000 a yearRenewal, February 2020: AED 150,000 a yearRenewal, February 2021: AED 150,000 a yearRenewal, February 2022: AED 150,000 a yearRenewal, February 2023: AED 150,000 a yearRenewal, February 2024: AED 150,000 a yearRenewal, February 2024: AED 150,000 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 6034 sits

All 116 2-beds →

6034 last sold in September 2009 at AED 723 per sqft, 49% below what two-beds in Al Tajer Residences were fetching at the time (AED 1,423). 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. 6034's AED 150,000 is in the lower half 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 6th floor

All 248 units in Al Tajer Residences
Value
60012-bedAED 2.05M · Oct 2010
60021-bedAED 1.35M · Jun 2020
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
1–7 of 50

6034, Al Tajer Residences in numbers

  • Sold once: by Emaar on 28 September 2009 for AED 1,006,944, or AED 723 per sqft.
  • Rented since July 2012 on 13 Ejari contracts, from AED 110,000 to AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2009 price is 14.9%, before a service charge of about AED 32,600 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 15 February 2024.

Questions about 6034, Al Tajer Residences

What did unit 6034 last sell for?

AED 1,006,944 on 28 September 2009, sold by the developer: AED 723 per sqft for 1,392 sqft. It is the only registered sale of the unit.

What is the rent for unit 6034?

AED 150,000 a year on the contract renewed on 15 February 2024. The previous contract, from February 2024, was AED 150,000; the unit has been rented since July 2012.

How big is unit 6034?

1,392 sqft (129.3 sqm): a two-bedroom apartment on the 6th floor of a 9-storey tower completed in 2008.

What is unit 6034 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 6034, Al Tajer Residences

Starts from the last sale price (AED 1.01M, 28 September 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,006,944
Deposit, UAE resident (20%)
AED 201,389
Deposit, non-resident (40%)
AED 402,778
Monthly over 25 years at 3.7%
AED 4,120

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