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2-bed · 1,481 sqftAl Tajer Residences, Downtown Dubai · 7th floor · completed 2008

7048, Al Tajer Residences

Sold prices and rental history: sold twice, last in February 2025, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 7048 · DLD and Ejari recordsUpdated 5 February 2025
Last soldAED 3.64M5 February 2025
Current rentAED 185K /yr24 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 7048, Al Tajer Residences

What is 7048 worth today?

Last sold for AED 3,640,000 in 2025

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5 Feb 2025SoldReady
AED 3,640,000AED 2,457 per sqft
24 Mar 2024RentedRenewal
AED 185,000/yr12 months · AED 125 per sqft
24 Mar 2023RentedRenewal
AED 165,000/yr12 months · AED 111 per sqft
24 Mar 2022RentedNew contract
AED 160,000/yr12 months · AED 108 per sqft
1 Apr 2019RentedNew contract
AED 160,000/yr12 months · AED 108 per sqft
14 Aug 2018RentedNew contract
AED 137,755/yr13 months · AED 93 per sqft
15 Nov 2015RentedNew contract
AED 225,000/yr12 months · AED 151 per sqft
16 Nov 2014RentedNew contract
AED 215,000/yr12 months · AED 145 per sqft

Source: Dubai Land Department. Updated 5 February 2025.

Key facts

Type
2-bed apartment
Size
1,481 sqft
Floor
7th of 9
Parking
L5-62
Developer
Emaar
Completed
2008
Service charge
AED 34,700 /yr
Last sold
AED 3.64M · February 2025
Building
Al Tajer Residences

About 7048, Al Tajer Residences

7048 is a two-bedroom apartment of 1,481 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 5 February 2025 for AED 3,640,000, or AED 2,457 per sqft, in line with the AED 2,445 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, renewed on 24 March 2024, is AED 185,000 a year: a gross yield of 5.1% on the 2025 price, before the service charge of about AED 34,700 a year.

Sales and rents for 7048 over time

Sales
Unit 7048, 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, February 2014: AED 3,200,000 (AED 2,160 per sqft)Sold, February 2025: AED 3,640,000 (AED 2,457 per sqft)

7048 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 7048, 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, November 2014: AED 215,000 a yearNew contract, November 2015: AED 225,000 a yearNew contract, August 2018: AED 137,755 a yearNew contract, April 2019: AED 160,000 a yearNew contract, March 2022: AED 160,000 a yearRenewal, March 2023: AED 165,000 a yearRenewal, March 2024: AED 185,000 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 7048 sits

All 116 2-beds →

7048 last sold in February 2025 at AED 2,457 per sqft, in line with what two-beds in Al Tajer Residences were fetching at the time (AED 2,445). 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. 7048's AED 185,000 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 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

7048, Al Tajer Residences in numbers

  • Sold twice: first on 3 February 2014 for AED 3,200,000, last on 5 February 2025 for AED 3,640,000 (AED 2,457 per sqft).
  • Rented since November 2014 on 7 Ejari contracts. The rent fell from AED 215,000 to AED 137,755 in 2018 and recovered to AED 185,000 by March 2024.
  • At AED 185,000 a year the gross yield on the 2025 price is 5.1%, before a service charge of about AED 34,700 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 5 February 2025.

Questions about 7048, Al Tajer Residences

What did unit 7048 last sell for?

AED 3,640,000 on 5 February 2025: AED 2,457 per sqft for 1,481 sqft. The unit has 2 registered sales; the first was AED 3,200,000 in February 2014.

What is the rent for unit 7048?

AED 185,000 a year on the contract renewed on 24 March 2024. The previous contract, from March 2023, was AED 165,000; the unit has been rented since November 2014.

How big is unit 7048?

1,481 sqft (137.6 sqm): a two-bedroom apartment on the 7th floor of a 9-storey tower completed in 2008.

What is unit 7048 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 7048, Al Tajer Residences

Starts from the last sale price (AED 3.64M, 5 February 2025). Switch to today's estimate once you have unlocked it.
Price
AED 3,640,000
Deposit, UAE resident (20%)
AED 728,000
Deposit, non-resident (40%)
AED 1,456,000
Monthly over 25 years at 3.7%
AED 14,892

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