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2-bed · 1,396 sqftAl Tajer Residences, Downtown Dubai · 7th floor · completed 2008

7034, Al Tajer Residences

Sold prices and rental history: sold twice, last in May 2023, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 7034 · DLD and Ejari recordsUpdated 23 May 2023
Last soldAED 2.9M23 May 2023
Current rentAED 100K /yr1 March 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 7034, Al Tajer Residences

What is 7034 worth today?

Last sold for AED 2,900,000 in 2023

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23 May 2023SoldReady
AED 2,900,000AED 2,077 per sqft
1 Mar 2021RentedNew contract
AED 100,000/yr12 months · AED 71 per sqft
14 Dec 2019RentedNew contract
AED 130,000/yr12 months · AED 93 per sqft
1 Nov 2017RentedNew contract
AED 180,000/yr12 months · AED 129 per sqft
1 Jun 2016RentedNew contract
AED 185,000/yr12 months · AED 132 per sqft
5 May 2015RentedNew contract
AED 205,085/yr8 months · AED 147 per sqft
5 May 2014RentedNew contract
AED 205,000/yr12 months · AED 146 per sqft
6 Mar 2012RentedNew contract
AED 177,000/yr12 months · AED 126 per sqft

Source: Dubai Land Department. Updated 23 May 2023.

Key facts

Type
2-bed apartment
Size
1,396 sqft
Floor
7th of 9
Parking
L5-70
Developer
Emaar
Completed
2008
Service charge
AED 32,700 /yr
Last sold
AED 2.9M · May 2023
Building
Al Tajer Residences

About 7034, Al Tajer Residences

7034 is a two-bedroom apartment of 1,396 sqft on the 7th floor of Al Tajer Residences, a 9-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 23 May 2023 for AED 2,900,000, or AED 2,077 per sqft, 6% above the AED 1,968 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 7 Ejari contracts. The current contract, signed on 1 March 2021, is AED 100,000 a year: a gross yield of 3.5% on the 2023 price, before the service charge of about AED 32,700 a year.

Sales and rents for 7034 over time

Sales
Unit 7034, 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, August 2010: AED 2,037,888 (AED 1,459 per sqft)Sold, May 2023: AED 2,900,000 (AED 2,077 per sqft)

7034 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 7034, each contractTypical two-bed in Al Tajer Residences
100K150K200K2012201620202024Typical 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, March 2012: AED 177,000 a yearNew contract, May 2014: AED 205,000 a yearNew contract, May 2015: AED 205,085 a yearNew contract, June 2016: AED 185,000 a yearNew contract, November 2017: AED 180,000 a yearNew contract, December 2019: AED 130,000 a yearNew contract, March 2021: AED 100,000 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 7034 sits

All 116 2-beds →

7034 last sold in May 2023 at AED 2,077 per sqft, 6% above 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. 7034's AED 100,000 is at the bottom 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 7th floor

All 248 units in Al Tajer Residences
Value
70152-bedAED 3.29M · Jan 2025
70161-bedAED 2.58M · Oct 2025
70171-bedAED 1.36M · May 2019
70181-bedAED 2.53M · Oct 2025
70331-bedAED 2.45M · May 2024
70352-bedAED 2.98M · Nov 2009
70361-bedAED 1.16M · Mar 2011
1–7 of 40

7034, Al Tajer Residences in numbers

  • Sold twice: first on 3 August 2010 for AED 2,037,888, last on 23 May 2023 for AED 2,900,000 (AED 2,077 per sqft).
  • Rented since March 2012 on 7 Ejari contracts, from AED 177,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2023 price is 3.5%, before a service charge of about AED 32,700 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 23 May 2023.

Questions about 7034, Al Tajer Residences

What did unit 7034 last sell for?

AED 2,900,000 on 23 May 2023: AED 2,077 per sqft for 1,396 sqft. The unit has 2 registered sales; the first was AED 2,037,888 in August 2010.

What is the rent for unit 7034?

AED 100,000 a year on the contract signed on 1 March 2021. The previous contract, from December 2019, was AED 130,000; the unit has been rented since March 2012.

How big is unit 7034?

1,396 sqft (129.7 sqm): a two-bedroom apartment on the 7th floor of a 9-storey tower completed in 2008.

What is unit 7034 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 7034, Al Tajer Residences

Starts from the last sale price (AED 2.9M, 23 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,900,000
Deposit, UAE resident (20%)
AED 580,000
Deposit, non-resident (40%)
AED 1,160,000
Monthly over 25 years at 3.7%
AED 11,865

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