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1-bed · 1,168 sqftAl Tajer Residences, Downtown Dubai · 7th floor · completed 2008

7072, Al Tajer Residences

Sold prices and rental history: sold 3 times, last in November 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 7072 · DLD and Ejari recordsUpdated 15 November 2024
Last soldAED 2.65M15 November 2024
Current rentAED 100K /yr8 February 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 7072, Al Tajer Residences

What is 7072 worth today?

Last sold for AED 2,650,000 in 2024

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15 Nov 2024SoldReady
AED 2,650,000AED 2,268 per sqft
21 Jun 2022SoldReady
AED 1,790,000AED 1,532 per sqft
8 Feb 2019RentedNew contract
AED 100,000/yr36 months · AED 85 per sqft
28 Jan 2018RentedRenewal
AED 120,000/yr12 months · AED 102 per sqft
28 Jan 2017RentedNew contract
AED 125,000/yr12 months · AED 107 per sqft
1 Jul 2013RentedNew contract
AED 100,000/yr12 months · AED 85 per sqft
26 Aug 2010Sold by developerReady
AED 1,393,966AED 1,193 per sqft

Source: Dubai Land Department. Updated 15 November 2024.

Key facts

Type
1-bed apartment
Size
1,168 sqft
Floor
7th of 9
Parking
L5-138
Developer
Emaar
Completed
2008
Service charge
AED 27,400 /yr
Last sold
AED 2.65M · November 2024
Building
Al Tajer Residences

About 7072, Al Tajer Residences

7072 is a one-bedroom apartment of 1,168 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 15 November 2024 for AED 2,650,000, or AED 2,268 per sqft, 13% above the AED 2,013 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 8 February 2019, is AED 100,000 a year: a gross yield of 3.8% on the 2024 price, before the service charge of about AED 27,400 a year.

Sales and rents for 7072 over time

Sales
Unit 7072, 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, August 2010: AED 1,393,966 (AED 1,193 per sqft)Sold, June 2022: AED 1,790,000 (AED 1,532 per sqft)Sold, November 2024: AED 2,650,000 (AED 2,268 per sqft)

7072 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 7072, 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, July 2013: AED 100,000 a yearNew contract, January 2017: AED 125,000 a yearRenewal, January 2018: AED 120,000 a yearNew contract, February 2019: AED 100,000 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 7072 sits

All 120 1-beds →

7072 last sold in November 2024 at AED 2,268 per sqft, 13% above what one-beds in Al Tajer Residences were fetching at the time (AED 2,013). 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. 7072's AED 100,000 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

7072, Al Tajer Residences in numbers

  • Sold 3 times: first on 26 August 2010 for AED 1,393,966, last on 15 November 2024 for AED 2,650,000 (AED 2,268 per sqft).
  • Rented since July 2013 on 4 Ejari contracts, at AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2024 price is 3.8%, before a service charge of about AED 27,400 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 15 November 2024.

Questions about 7072, Al Tajer Residences

What did unit 7072 last sell for?

AED 2,650,000 on 15 November 2024: AED 2,268 per sqft for 1,168 sqft. The unit has 3 registered sales; the first was AED 1,393,966 in August 2010.

What is the rent for unit 7072?

AED 100,000 a year on the contract signed on 8 February 2019. The previous contract, from January 2018, was AED 120,000; the unit has been rented since July 2013.

How big is unit 7072?

1,168 sqft (108.5 sqm): a one-bedroom apartment on the 7th floor of a 9-storey tower completed in 2008.

What is unit 7072 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 7072, Al Tajer Residences

Starts from the last sale price (AED 2.65M, 15 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,650,000
Deposit, UAE resident (20%)
AED 530,000
Deposit, non-resident (40%)
AED 1,060,000
Monthly over 25 years at 3.7%
AED 10,842

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