2-bed · 2,082 sqftAl Tajer Residences, Downtown Dubai · 6th floor · completed 2008

6047, Al Tajer Residences

Sold prices and rental history: sold twice, last in July 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 6047 · DLD and Ejari recordsUpdated 13 July 2023
Last soldAED 3.4M13 July 2023
Current rentAED 180K /yr28 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 6047, Al Tajer Residences

What is 6047 worth today?

Last sold for AED 3,400,000 in 2023

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13 Jul 2023SoldReady
AED 3,400,000AED 1,632 per sqft
28 Jul 2022RentedNew contract
AED 180,000/yr12 months · AED 138 per sqft
15 Dec 2020RentedNew contract
AED 120,000/yr12 months · AED 92 per sqft
20 Sep 2019RentedRenewal
AED 140,000/yr12 months · AED 107 per sqft
20 Sep 2018RentedRenewal
AED 140,000/yr12 months · AED 107 per sqft
20 Sep 2017RentedNew contract
AED 140,000/yr12 months · AED 107 per sqft
28 Apr 2009Sold by developerReady
AED 4,998,000AED 3,838 per sqft

Source: Dubai Land Department. Updated 13 July 2023.

Key facts

Type
2-bed apartment
Size
2,082 sqft
Floor
6th of 9
Parking
L4-50
Developer
Emaar
Completed
2008
Service charge
AED 48,800 /yr
Last sold
AED 3.4M · July 2023

About 6047, Al Tajer Residences

6047 is a two-bedroom apartment of 2,082 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 13 July 2023 for AED 3,400,000, or AED 1,632 per sqft, 17% below the AED 1,968 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, signed on 28 July 2022, is AED 180,000 a year: a gross yield of 5.3% on the 2023 price, before the service charge of about AED 48,800 a year.

Sales and rents for 6047 over time

Sales
Unit 6047, 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, April 2009: AED 4,998,000 (AED 3,838 per sqft)Sold, July 2023: AED 3,400,000 (AED 1,632 per sqft)

6047 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 6047, each contractTypical two-bed in Al Tajer Residences
150K200K2012201620202024Typical 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, September 2017: AED 140,000 a yearRenewal, September 2018: AED 140,000 a yearRenewal, September 2019: AED 140,000 a yearNew contract, December 2020: AED 120,000 a yearNew contract, July 2022: AED 180,000 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 6047 sits

All 116 2-beds →

6047 last sold in July 2023 at AED 1,632 per sqft, 17% below what two-beds in Al Tajer Residences were fetching at the time (AED 1,968). 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. 6047's AED 180,000 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

6047, Al Tajer Residences in numbers

  • Sold twice: first on 28 April 2009 for AED 4,998,000, last on 13 July 2023 for AED 3,400,000 (AED 1,632 per sqft).
  • Rented since September 2017 on 5 Ejari contracts. The rent fell from AED 140,000 to AED 120,000 in 2020 and recovered to AED 180,000 by July 2022.
  • At AED 180,000 a year the gross yield on the 2023 price is 5.3%, before a service charge of about AED 48,800 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 13 July 2023.

Questions about 6047, Al Tajer Residences

What did unit 6047 last sell for?

AED 3,400,000 on 13 July 2023: AED 1,632 per sqft for 2,082 sqft. The unit has 2 registered sales; the first was AED 4,998,000 in April 2009.

What is the rent for unit 6047?

AED 180,000 a year on the contract signed on 28 July 2022. The previous contract, from December 2020, was AED 120,000; the unit has been rented since September 2017.

How big is unit 6047?

2,082 sqft (193.4 sqm): a two-bedroom apartment on the 6th floor of a 9-storey tower completed in 2008.

What is unit 6047 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 6047, Al Tajer Residences

Starts from the last sale price (AED 3.4M, 13 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,400,000
Deposit, UAE resident (20%)
AED 680,000
Deposit, non-resident (40%)
AED 1,360,000
Monthly over 25 years at 3.7%
AED 13,910

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