2-bed · 1,411 sqftAl Tajer Residences, Downtown Dubai · 7th floor · completed 2008

7049, Al Tajer Residences

Sold prices and rental history: sold twice, last in March 2010, and rented once, from June 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 7049 · DLD and Ejari recordsUpdated 23 June 2021
Last soldAED 2.04M4 March 2010
Current rentAED 25K /yr23 June 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 7049, Al Tajer Residences

What is 7049 worth today?

Last sold for AED 2,036,888 in 2010

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23 Jun 2021RentedNew contract · flagged as an outlier
AED 25,000/yr60 months · AED 18 per sqft
4 Mar 2010Sold by developerReady
AED 2,036,888AED 1,443 per sqft
4 Mar 2010SoldReady
AED 2,300,000AED 1,629 per sqft

Source: Dubai Land Department. Updated 23 June 2021.

Key facts

Type
2-bed apartment
Size
1,411 sqft
Floor
7th of 9
Parking
5. 12
Developer
Emaar
Completed
2008
Service charge
AED 33,100 /yr
Last sold
AED 2.04M · March 2010

About 7049, Al Tajer Residences

7049 is a two-bedroom apartment of 1,411 sqft on the 7th floor of Al Tajer Residences, a 9-storey tower in Downtown Dubai completed in 2008 by Emaar. The developer sold it on 4 March 2010 for AED 2,036,888, or AED 1,443 per sqft, in line with the AED 1,416 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 23 June 2021. The current contract, signed on 23 June 2021, is AED 25,000 a year: a gross yield of 1.2% on the 2010 price, before the service charge of about AED 33,100 a year.

Sales and rents for 7049 over time

Sales
Unit 7049, 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, March 2010: AED 2,036,888 (AED 1,443 per sqft)Sold, March 2010: AED 2,300,000 (AED 1,629 per sqft)

7049 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 7049, 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 200,000

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 7049 sits

All 116 2-beds →

7049 last sold in March 2010 at AED 1,443 per sqft, in line with what two-beds in Al Tajer Residences were fetching at the time (AED 1,416). 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. 7049's AED 25,000 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
70342-bedAED 2.9M · May 2023
70352-bedAED 2.98M · Nov 2009
1–7 of 40

7049, Al Tajer Residences in numbers

  • Sold twice: first on 4 March 2010 for AED 2,300,000, last on 4 March 2010 for AED 2,036,888 (AED 1,443 per sqft).
  • Rented since June 2021 on one Ejari contract, at AED 25,000 a year.
  • At AED 25,000 a year the gross yield on the 2010 price is 1.2%, before a service charge of about AED 33,100 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 June 2021.

Questions about 7049, Al Tajer Residences

What did unit 7049 last sell for?

AED 2,036,888 on 4 March 2010, sold by the developer: AED 1,443 per sqft for 1,411 sqft. The unit has 2 registered sales; the first was AED 2,300,000 in March 2010.

What is the rent for unit 7049?

AED 25,000 a year on the contract signed on 23 June 2021.

How big is unit 7049?

1,411 sqft (131.1 sqm): a two-bedroom apartment on the 7th floor of a 9-storey tower completed in 2008.

What is unit 7049 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 7049, Al Tajer Residences

Starts from the last sale price (AED 2.04M, 4 March 2010). Switch to today's estimate once you have unlocked it.
Price
AED 2,036,888
Deposit, UAE resident (20%)
AED 407,378
Deposit, non-resident (40%)
AED 814,755
Monthly over 25 years at 3.7%
AED 8,334

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