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1-bed · 1,115 sqftAl Tajer Residences, Downtown Dubai · 7th floor · completed 2008

7070, Al Tajer Residences

Sold prices and rental history: sold twice, last in August 2020, and rented once, from February 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 7070 · DLD and Ejari recordsUpdated 24 August 2020
Last soldAED 1.3M24 August 2020
Current rentAED 125K /yr28 February 2018
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 7070, Al Tajer Residences

What is 7070 worth today?

Last sold for AED 1,300,000 in 2020

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24 Aug 2020SoldReady
AED 1,300,000AED 1,165 per sqft
28 Feb 2018RentedNew contract
AED 125,000/yr12 months · AED 112 per sqft
12 May 2010Sold by developerReady
AED 1,639,888AED 1,470 per sqft

Source: Dubai Land Department. Updated 24 August 2020.

Key facts

Type
1-bed apartment
Size
1,115 sqft
Floor
7th of 9
Parking
5. 141
Developer
Emaar
Completed
2008
Service charge
AED 26,100 /yr
Last sold
AED 1.3M · August 2020
Building
Al Tajer Residences

About 7070, Al Tajer Residences

7070 is a one-bedroom apartment of 1,115 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 24 August 2020 for AED 1,300,000, or AED 1,165 per sqft, 10% below the AED 1,292 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 28 February 2018. The current contract, signed on 28 February 2018, is AED 125,000 a year: a gross yield of 9.6% on the 2020 price, before the service charge of about AED 26,100 a year.

Sales and rents for 7070 over time

Sales
Unit 7070, each saleTypical one-bed in Al Tajer Residences
2M2008201320182023Typical 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, May 2010: AED 1,639,888 (AED 1,470 per sqft)Sold, August 2020: AED 1,300,000 (AED 1,165 per sqft)

7070 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 7070, each contractTypical one-bed in Al Tajer Residences
100K125K2012201620202024Typical 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, February 2018: AED 125,000 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 7070 sits

All 120 1-beds →

7070 last sold in August 2020 at AED 1,165 per sqft, 10% below what one-beds in Al Tajer Residences were fetching at the time (AED 1,292). 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. 7070's AED 125,000 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

7070, Al Tajer Residences in numbers

  • Sold twice: first on 12 May 2010 for AED 1,639,888, last on 24 August 2020 for AED 1,300,000 (AED 1,165 per sqft).
  • Rented since February 2018 on one Ejari contract, at AED 125,000 a year.
  • At AED 125,000 a year the gross yield on the 2020 price is 9.6%, before a service charge of about AED 26,100 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 24 August 2020.

Questions about 7070, Al Tajer Residences

What did unit 7070 last sell for?

AED 1,300,000 on 24 August 2020: AED 1,165 per sqft for 1,115 sqft. The unit has 2 registered sales; the first was AED 1,639,888 in May 2010.

What is the rent for unit 7070?

AED 125,000 a year on the contract signed on 28 February 2018.

How big is unit 7070?

1,115 sqft (103.6 sqm): a one-bedroom apartment on the 7th floor of a 9-storey tower completed in 2008.

What is unit 7070 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 7070, Al Tajer Residences

Starts from the last sale price (AED 1.3M, 24 August 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,300,000
Deposit, UAE resident (20%)
AED 260,000
Deposit, non-resident (40%)
AED 520,000
Monthly over 25 years at 3.7%
AED 5,319

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