2-bed · 1,458 sqftAl Tajer Residences, Downtown Dubai · 6th floor · completed 2008

6088, Al Tajer Residences

Sold prices and rental history: sold once, by the developer in July 2009, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 6088 · DLD and Ejari recordsUpdated 15 July 2024
Last soldAED 1.92M27 July 2009
Current rentAED 168K /yr15 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 6088, Al Tajer Residences

What is 6088 worth today?

Last sold for AED 1,916,888 in 2009

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15 Jul 2024RentedRenewal
AED 168,000/yr12 months · AED 116 per sqft
15 Jul 2022RentedRenewal
AED 135,000/yr12 months · AED 93 per sqft
1 Jul 2022RentedRenewal
AED 149,464/yrAED 103 per sqft
1 Jul 2021RentedNew contract
AED 130,000/yr12 months · AED 89 per sqft
21 Jun 2020RentedNew contract
AED 120,000/yr12 months · AED 83 per sqft
21 Jun 2018RentedNew contract
AED 130,000/yr12 months · AED 89 per sqft
7 Nov 2016RentedNew contract
AED 190,000/yr12 months · AED 131 per sqft
27 Oct 2015RentedRenewal
AED 180,000/yr12 months · AED 124 per sqft

Source: Dubai Land Department. Updated 15 July 2024.

Key facts

Type
2-bed apartment
Size
1,458 sqft
Floor
6th of 9
Parking
4. 224
Developer
Emaar
Completed
2008
Service charge
AED 34,200 /yr
Last sold
AED 1.92M · July 2009

About 6088, Al Tajer Residences

6088 is a two-bedroom apartment of 1,458 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 27 July 2009 for AED 1,916,888, or AED 1,314 per sqft, 8% below the AED 1,430 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 15 July 2024, is AED 168,000 a year: a gross yield of 8.8% on the 2009 price, before the service charge of about AED 34,200 a year.

Sales and rents for 6088 over time

Sales
Unit 6088, each saleTypical two-bed in Al Tajer Residences
2M3M4M2008201320182023Typical 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, July 2009: AED 1,916,888 (AED 1,314 per sqft)

6088 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 6088, 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, June 2013: AED 160,000 a yearNew contract, October 2014: AED 180,000 a yearRenewal, October 2015: AED 180,000 a yearNew contract, November 2016: AED 190,000 a yearNew contract, June 2018: AED 130,000 a yearNew contract, June 2020: AED 120,000 a yearNew contract, July 2021: AED 130,000 a yearRenewal, July 2022: AED 135,000 a yearRenewal, July 2022: AED 149,464 a yearRenewal, July 2024: AED 168,000 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 6088 sits

All 116 2-beds →

6088 last sold in July 2009 at AED 1,314 per sqft, 8% below what two-beds in Al Tajer Residences were fetching at the time (AED 1,430). 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. 6088's AED 168,000 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

6088, Al Tajer Residences in numbers

  • Sold once: by Emaar on 27 July 2009 for AED 1,916,888, or AED 1,314 per sqft.
  • Rented since June 2013 on 10 Ejari contracts. The rent fell from AED 160,000 to AED 120,000 in 2020 and recovered to AED 168,000 by July 2024.
  • At AED 168,000 a year the gross yield on the 2009 price is 8.8%, before a service charge of about AED 34,200 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 July 2024.

Questions about 6088, Al Tajer Residences

What did unit 6088 last sell for?

AED 1,916,888 on 27 July 2009, sold by the developer: AED 1,314 per sqft for 1,458 sqft. It is the only registered sale of the unit.

What is the rent for unit 6088?

AED 168,000 a year on the contract renewed on 15 July 2024. The previous contract, from July 2022, was AED 135,000; the unit has been rented since June 2013.

How big is unit 6088?

1,458 sqft (135.5 sqm): a two-bedroom apartment on the 6th floor of a 9-storey tower completed in 2008.

What is unit 6088 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 6088, Al Tajer Residences

Starts from the last sale price (AED 1.92M, 27 July 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,916,888
Deposit, UAE resident (20%)
AED 383,378
Deposit, non-resident (40%)
AED 766,755
Monthly over 25 years at 3.7%
AED 7,843

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