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2-bed · 274 sqftAl Tajer Residences, Downtown Dubai · 6th floor · completed 2008

6048, Al Tajer Residences

Sold prices and rental history: sold twice, last in February 2023, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 6048 · DLD and Ejari recordsUpdated 14 February 2023
Last soldAED 350K14 February 2023
Current rentAED 203K /yr25 September 2017
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 6048, Al Tajer Residences

What is 6048 worth today?

Last sold for AED 350,000 in 2023

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14 Feb 2023SoldReady
AED 350,000AED 1,279 per sqft
25 Sep 2017RentedNew contract
AED 203,077/yr13 months · AED 96 per sqft
6 Jul 2017RentedNew contract
AED 203,077/yr13 months · AED 96 per sqft
1 Jul 2013RentedNew contract
AED 147,000/yr12 months · AED 70 per sqft
2 Aug 2010Sold by developerReady
AED 2,717,888AED 1,291 per sqft

Source: Dubai Land Department. Updated 14 February 2023.

Key facts

Type
2-bed apartment
Size
274 sqft
Floor
6th of 9
Parking
L4-75
Developer
Emaar
Completed
2008
Service charge
AED 6,400 /yr
Last sold
AED 350K · February 2023
Building
Al Tajer Residences

About 6048, Al Tajer Residences

6048 is a two-bedroom apartment of 274 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 14 February 2023 for AED 350,000, or AED 1,279 per sqft, 25% below the AED 1,701 two-beds in the building were fetching at the time.

It has been rented since 2013 on 3 Ejari contracts. The current contract, signed on 25 September 2017, is AED 203,077 a year: a gross yield of 58.0% on the 2023 price, before the service charge of about AED 6,400 a year.

Sales and rents for 6048 over time

Sales
Unit 6048, each saleTypical two-bed in Al Tajer Residences
02M4M2008201320182023Typical 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 2,717,888 (AED 1,291 per sqft)Sold, February 2023: AED 350,000 (AED 1,279 per sqft)

6048 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 6048, 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, July 2013: AED 147,000 a yearNew contract, July 2017: AED 203,077 a yearNew contract, September 2017: AED 203,077 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 6048 sits

All 116 2-beds →

6048 last sold in February 2023 at AED 1,279 per sqft, 25% below what two-beds in Al Tajer Residences were fetching at the time (AED 1,701). 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. 6048's AED 203,077 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

6048, Al Tajer Residences in numbers

  • Sold twice: first on 2 August 2010 for AED 2,717,888, last on 14 February 2023 for AED 350,000 (AED 1,279 per sqft).
  • Rented since July 2013 on 3 Ejari contracts, from AED 147,000 to AED 203,077 a year.
  • At AED 203,077 a year the gross yield on the 2023 price is 58.0%, before a service charge of about AED 6,400 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 14 February 2023.

Questions about 6048, Al Tajer Residences

What did unit 6048 last sell for?

AED 350,000 on 14 February 2023: AED 1,279 per sqft for 274 sqft. The unit has 2 registered sales; the first was AED 2,717,888 in August 2010.

What is the rent for unit 6048?

AED 203,077 a year on the contract signed on 25 September 2017. The previous contract, from July 2017, was AED 203,077; the unit has been rented since July 2013.

How big is unit 6048?

274 sqft (25.5 sqm): a two-bedroom apartment on the 6th floor of a 9-storey tower completed in 2008.

What is unit 6048 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 6048, Al Tajer Residences

Starts from the last sale price (AED 350K, 14 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 350,000
Deposit, UAE resident (20%)
AED 70,000
Deposit, non-resident (40%)
AED 140,000
Monthly over 25 years at 3.7%
AED 1,432

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