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1-bed · 1,042 sqftAl Tajer Residences, Downtown Dubai · 7th floor · completed 2008

7042, Al Tajer Residences

Sold prices and rental history: sold 4 times, last in July 2025, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 7042 · DLD and Ejari recordsUpdated 4 July 2025
Last soldAED 2.7M4 July 2025
Current rentAED 84K /yr20 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 7042, Al Tajer Residences

What is 7042 worth today?

Last sold for AED 2,700,000 in 2025

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4 Jul 2025SoldReady
AED 2,700,000AED 2,591 per sqft
13 May 2024SoldReady
AED 2,050,000AED 1,967 per sqft
20 Nov 2022RentedRenewal
AED 84,000/yr12 months · AED 80 per sqft
20 Nov 2021RentedRenewal
AED 84,000/yr12 months · AED 80 per sqft
20 Nov 2020RentedNew contract
AED 80,000/yr12 months · AED 77 per sqft
15 Aug 2019RentedRenewal
AED 100,000/yr12 months · AED 96 per sqft
15 Aug 2018RentedNew contract
AED 100,000/yr12 months · AED 96 per sqft
1 Jul 2015RentedNew contract
AED 125,000/yr12 months · AED 120 per sqft

Source: Dubai Land Department. Updated 4 July 2025.

Key facts

Type
1-bed apartment
Size
1,042 sqft
Floor
7th of 9
Parking
L5-51
Developer
Emaar
Completed
2008
Service charge
AED 24,400 /yr
Last sold
AED 2.7M · July 2025
Building
Al Tajer Residences

About 7042, Al Tajer Residences

7042 is a one-bedroom apartment of 1,042 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 4 July 2025 for AED 2,700,000, or AED 2,591 per sqft, 13% above the AED 2,286 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, renewed on 20 November 2022, is AED 84,000 a year: a gross yield of 3.1% on the 2025 price, before the service charge of about AED 24,400 a year.

Sales and rents for 7042 over time

Sales
Unit 7042, each saleTypical one-bed in Al Tajer Residences
1M2M3M2008201320182023Typical 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, April 2011: AED 748,444 (AED 718 per sqft)Sold, July 2012: AED 1,550,000 (AED 1,487 per sqft)Sold, May 2024: AED 2,050,000 (AED 1,967 per sqft)Sold, July 2025: AED 2,700,000 (AED 2,591 per sqft)

7042 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 7042, each contractTypical one-bed in Al Tajer Residences
75K100K125K2012201620202024Typical 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, July 2015: AED 125,000 a yearNew contract, August 2018: AED 100,000 a yearRenewal, August 2019: AED 100,000 a yearNew contract, November 2020: AED 80,000 a yearRenewal, November 2021: AED 84,000 a yearRenewal, November 2022: AED 84,000 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 7042 sits

All 120 1-beds →

7042 last sold in July 2025 at AED 2,591 per sqft, 13% above what one-beds in Al Tajer Residences were fetching at the time (AED 2,286). 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. 7042's AED 84,000 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 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
70342-bedAED 2.9M · May 2023
70352-bedAED 2.98M · Nov 2009
1–7 of 40

7042, Al Tajer Residences in numbers

  • Sold 4 times: first on 6 April 2011 for AED 748,444, last on 4 July 2025 for AED 2,700,000 (AED 2,591 per sqft).
  • Rented since July 2015 on 6 Ejari contracts, from AED 125,000 to AED 84,000 a year.
  • At AED 84,000 a year the gross yield on the 2025 price is 3.1%, before a service charge of about AED 24,400 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 4 July 2025.

Questions about 7042, Al Tajer Residences

What did unit 7042 last sell for?

AED 2,700,000 on 4 July 2025: AED 2,591 per sqft for 1,042 sqft. The unit has 4 registered sales; the first was AED 748,444 in April 2011.

What is the rent for unit 7042?

AED 84,000 a year on the contract renewed on 20 November 2022. The previous contract, from November 2021, was AED 84,000; the unit has been rented since July 2015.

How big is unit 7042?

1,042 sqft (96.8 sqm): a one-bedroom apartment on the 7th floor of a 9-storey tower completed in 2008.

What is unit 7042 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 7042, Al Tajer Residences

Starts from the last sale price (AED 2.7M, 4 July 2025). Switch to today's estimate once you have unlocked it.
Price
AED 2,700,000
Deposit, UAE resident (20%)
AED 540,000
Deposit, non-resident (40%)
AED 1,080,000
Monthly over 25 years at 3.7%
AED 11,047

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