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2-bed · 1,417 sqftAl Tajer Residences, Downtown Dubai · 7th floor · completed 2008

7062, Al Tajer Residences

Sold prices and rental history: sold once, by the developer in September 2010, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 7062 · DLD and Ejari recordsUpdated 22 August 2025
Last soldAED 2.56M20 September 2010
Current rentAED 190K /yr22 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 7062, Al Tajer Residences

What is 7062 worth today?

Last sold for AED 2,560,691 in 2010

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22 Aug 2025RentedRenewal
AED 190,000/yr12 months · AED 134 per sqft
22 Aug 2025RentedNew contract
AED 225,000/yr12 months · AED 158 per sqft
22 Aug 2024RentedNew contract
AED 210,000/yr12 months · AED 148 per sqft
22 Aug 2023RentedNew contract
AED 200,000/yr12 months · AED 141 per sqft
1 Mar 2022RentedRenewal
AED 120,750/yr12 months · AED 85 per sqft
1 Mar 2021RentedNew contract
AED 115,000/yr12 months · AED 81 per sqft
5 Aug 2019RentedNew contract
AED 150,000/yr12 months · AED 106 per sqft
5 Aug 2018RentedNew contract
AED 160,000/yr12 months · AED 113 per sqft

Source: Dubai Land Department. Updated 22 August 2025.

Key facts

Type
2-bed apartment
Size
1,417 sqft
Floor
7th of 9
Parking
5. 144
Developer
Emaar
Completed
2008
Service charge
AED 33,200 /yr
Last sold
AED 2.56M · September 2010
Building
Al Tajer Residences

About 7062, Al Tajer Residences

7062 is a two-bedroom apartment of 1,417 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 20 September 2010 for AED 2,560,691, or AED 1,807 per sqft, 29% above the AED 1,398 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 22 August 2025, is AED 190,000 a year: a gross yield of 7.4% on the 2010 price, before the service charge of about AED 33,200 a year.

Sales and rents for 7062 over time

Sales
Unit 7062, 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, September 2010: AED 2,560,691 (AED 1,807 per sqft)

7062 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 7062, 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 2013: AED 180,000 a yearNew contract, August 2018: AED 160,000 a yearNew contract, August 2019: AED 150,000 a yearNew contract, March 2021: AED 115,000 a yearRenewal, March 2022: AED 120,750 a yearNew contract, August 2023: AED 200,000 a yearNew contract, August 2024: AED 210,000 a yearRenewal, August 2025: AED 190,000 a yearNew contract, August 2025: AED 225,000 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 7062 sits

All 116 2-beds →

7062 last sold in September 2010 at AED 1,807 per sqft, 29% above what two-beds in Al Tajer Residences were fetching at the time (AED 1,398). 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. 7062's AED 190,000 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

7062, Al Tajer Residences in numbers

  • Sold once: by Emaar on 20 September 2010 for AED 2,560,691, or AED 1,807 per sqft.
  • Rented since March 2013 on 9 Ejari contracts. The rent fell from AED 180,000 to AED 115,000 in 2021 and recovered to AED 190,000 by August 2025.
  • At AED 190,000 a year the gross yield on the 2010 price is 7.4%, before a service charge of about AED 33,200 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 22 August 2025.

Questions about 7062, Al Tajer Residences

What did unit 7062 last sell for?

AED 2,560,691 on 20 September 2010, sold by the developer: AED 1,807 per sqft for 1,417 sqft. It is the only registered sale of the unit.

What is the rent for unit 7062?

AED 190,000 a year on the contract renewed on 22 August 2025. The previous contract, from August 2025, was AED 225,000; the unit has been rented since March 2013.

How big is unit 7062?

1,417 sqft (131.6 sqm): a two-bedroom apartment on the 7th floor of a 9-storey tower completed in 2008.

What is unit 7062 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 7062, Al Tajer Residences

Starts from the last sale price (AED 2.56M, 20 September 2010). Switch to today's estimate once you have unlocked it.
Price
AED 2,560,691
Deposit, UAE resident (20%)
AED 512,138
Deposit, non-resident (40%)
AED 1,024,276
Monthly over 25 years at 3.7%
AED 10,477

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