1-bed · 1,300 sqftAl Tajer Residences, Downtown Dubai · 6th floor · completed 2008

6045, Al Tajer Residences

Sold prices and rental history: sold once, by the developer in July 2010, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 6045 · DLD and Ejari recordsUpdated 21 March 2018
Last soldAED 2.19M5 July 2010
Current rentAED 165K /yr21 March 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 6045, Al Tajer Residences

What is 6045 worth today?

Last sold for AED 2,191,888 in 2010

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21 Mar 2018RentedRenewal
AED 165,000/yr12 months · AED 127 per sqft
21 Mar 2017RentedRenewal
AED 175,000/yr12 months · AED 134 per sqft
21 Mar 2016RentedRenewal
AED 175,000/yr12 months · AED 134 per sqft
21 Mar 2015RentedRenewal
AED 175,000/yr12 months · AED 134 per sqft
21 Mar 2014RentedRenewal
AED 175,000/yr12 months · AED 134 per sqft
21 Mar 2013RentedNew contract
AED 175,000/yr12 months · AED 134 per sqft
5 Jul 2010Sold by developerReady
AED 2,191,888AED 1,686 per sqft

Source: Dubai Land Department. Updated 21 March 2018.

Key facts

Type
1-bed apartment
Size
1,300 sqft
Floor
6th of 9
Parking
L4-86
Developer
Emaar
Completed
2008
Service charge
AED 30,500 /yr
Last sold
AED 2.19M · July 2010

About 6045, Al Tajer Residences

6045 is a one-bedroom apartment of 1,300 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 5 July 2010 for AED 2,191,888, or AED 1,686 per sqft, 25% above the AED 1,351 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 21 March 2018, is AED 165,000 a year: a gross yield of 7.5% on the 2010 price, before the service charge of about AED 30,500 a year.

Sales and rents for 6045 over time

Sales
Unit 6045, 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, July 2010: AED 2,191,888 (AED 1,686 per sqft)

6045 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 6045, each contractTypical one-bed in Al Tajer Residences
100K150K2012201620202024Typical 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, March 2013: AED 175,000 a yearRenewal, March 2014: AED 175,000 a yearRenewal, March 2015: AED 175,000 a yearRenewal, March 2016: AED 175,000 a yearRenewal, March 2017: AED 175,000 a yearRenewal, March 2018: AED 165,000 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 6045 sits

All 120 1-beds →

6045 last sold in July 2010 at AED 1,686 per sqft, 25% above what one-beds in Al Tajer Residences were fetching at the time (AED 1,351). 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. 6045's AED 165,000 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 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

6045, Al Tajer Residences in numbers

  • Sold once: by Emaar on 5 July 2010 for AED 2,191,888, or AED 1,686 per sqft.
  • Rented since March 2013 on 6 Ejari contracts, from AED 175,000 to AED 165,000 a year.
  • At AED 165,000 a year the gross yield on the 2010 price is 7.5%, before a service charge of about AED 30,500 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 21 March 2018.

Questions about 6045, Al Tajer Residences

What did unit 6045 last sell for?

AED 2,191,888 on 5 July 2010, sold by the developer: AED 1,686 per sqft for 1,300 sqft. It is the only registered sale of the unit.

What is the rent for unit 6045?

AED 165,000 a year on the contract renewed on 21 March 2018. The previous contract, from March 2017, was AED 175,000; the unit has been rented since March 2013.

How big is unit 6045?

1,300 sqft (120.8 sqm): a one-bedroom apartment on the 6th floor of a 9-storey tower completed in 2008.

What is unit 6045 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 6045, Al Tajer Residences

Starts from the last sale price (AED 2.19M, 5 July 2010). Switch to today's estimate once you have unlocked it.
Price
AED 2,191,888
Deposit, UAE resident (20%)
AED 438,378
Deposit, non-resident (40%)
AED 876,755
Monthly over 25 years at 3.7%
AED 8,968

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