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1-bed · 1,049 sqftAl Tajer Residences, Downtown Dubai · 6th floor · completed 2008

6062, Al Tajer Residences

Sold prices and rental history: sold 3 times, last in November 2021, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 6062 · DLD and Ejari recordsUpdated 28 November 2021
Last soldAED 900K28 November 2021
Current rentAED 85K /yr1 November 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 6062, Al Tajer Residences

What is 6062 worth today?

Last sold for AED 900,000 in 2021

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28 Nov 2021SoldReady
AED 900,000AED 857 per sqft
1 Nov 2020RentedRenewal
AED 85,308/yr7 months · AED 82 per sqft
1 Nov 2019RentedRenewal
AED 95,000/yr12 months · AED 91 per sqft
1 Nov 2018RentedNew contract
AED 105,000/yr12 months · AED 101 per sqft
1 Oct 2017RentedNew contract
AED 130,000/yr12 months · AED 125 per sqft
21 Sep 2013RentedNew contract
AED 120,000/yr12 months · AED 115 per sqft
29 Sep 2010SoldReady
AED 1,200,000AED 1,143 per sqft
1 Jul 2010Sold by developerReady
AED 2,113,888AED 2,015 per sqft

Source: Dubai Land Department. Updated 28 November 2021.

Key facts

Type
1-bed apartment
Size
1,049 sqft
Floor
6th of 9
Parking
4. 160
Developer
Emaar
Completed
2008
Service charge
AED 24,600 /yr
Last sold
AED 900K · November 2021
Building
Al Tajer Residences

About 6062, Al Tajer Residences

6062 is a one-bedroom apartment of 1,049 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 28 November 2021 for AED 900,000, or AED 857 per sqft, 30% below the AED 1,233 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, renewed on 1 November 2020, is AED 85,308 a year: a gross yield of 9.5% on the 2021 price, before the service charge of about AED 24,600 a year.

Sales and rents for 6062 over time

Sales
Unit 6062, each saleTypical one-bed in Al Tajer Residences
1M2M2008201320182023Typical 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 2,113,888 (AED 2,015 per sqft)Sold, September 2010: AED 1,200,000 (AED 1,143 per sqft)Sold, November 2021: AED 900,000 (AED 857 per sqft)

6062 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 6062, 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, September 2013: AED 120,000 a yearNew contract, October 2017: AED 130,000 a yearNew contract, November 2018: AED 105,000 a yearRenewal, November 2019: AED 95,000 a yearRenewal, November 2020: AED 85,308 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 6062 sits

All 120 1-beds →

6062 last sold in November 2021 at AED 857 per sqft, 30% below what one-beds in Al Tajer Residences were fetching at the time (AED 1,233). 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. 6062's AED 85,308 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

6062, Al Tajer Residences in numbers

  • Sold 3 times: first on 1 July 2010 for AED 2,113,888, last on 28 November 2021 for AED 900,000 (AED 857 per sqft).
  • Rented since September 2013 on 5 Ejari contracts, from AED 120,000 to AED 85,308 a year.
  • At AED 85,308 a year the gross yield on the 2021 price is 9.5%, before a service charge of about AED 24,600 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 28 November 2021.

Questions about 6062, Al Tajer Residences

What did unit 6062 last sell for?

AED 900,000 on 28 November 2021: AED 857 per sqft for 1,049 sqft. The unit has 3 registered sales; the first was AED 2,113,888 in July 2010.

What is the rent for unit 6062?

AED 85,308 a year on the contract renewed on 1 November 2020. The previous contract, from November 2019, was AED 95,000; the unit has been rented since September 2013.

How big is unit 6062?

1,049 sqft (97.5 sqm): a one-bedroom apartment on the 6th floor of a 9-storey tower completed in 2008.

What is unit 6062 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 6062, Al Tajer Residences

Starts from the last sale price (AED 900K, 28 November 2021). Switch to today's estimate once you have unlocked it.
Price
AED 900,000
Deposit, UAE resident (20%)
AED 180,000
Deposit, non-resident (40%)
AED 360,000
Monthly over 25 years at 3.7%
AED 3,682

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