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1-bed · 1,021 sqftAl Tajer Residences, Downtown Dubai · 7th floor · completed 2008

7074, Al Tajer Residences

Sold prices and rental history: sold 3 times, last in December 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 7074 · DLD and Ejari recordsUpdated 26 December 2023
Last soldAED 2.08M26 December 2023
Current rentAED 125K /yr20 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 7074, Al Tajer Residences

What is 7074 worth today?

Last sold for AED 2,080,000 in 2023

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26 Dec 2023SoldReady
AED 2,080,000AED 2,037 per sqft
20 Jul 2023RentedNew contract
AED 125,000/yr12 months · AED 122 per sqft
24 Dec 2022RentedRenewal
AED 82,688/yr12 months · AED 81 per sqft
24 Dec 2021RentedRenewal
AED 78,750/yr12 months · AED 77 per sqft
24 Dec 2020RentedNew contract
AED 75,000/yr12 months · AED 73 per sqft
15 Jun 2019RentedRenewal
AED 100,000/yr12 months · AED 98 per sqft
15 Jun 2018RentedRenewal
AED 100,000/yr12 months · AED 98 per sqft
15 Jun 2017RentedRenewal
AED 110,000/yr12 months · AED 108 per sqft

Source: Dubai Land Department. Updated 26 December 2023.

Key facts

Type
1-bed apartment
Size
1,021 sqft
Floor
7th of 9
Parking
L5-139
Developer
Emaar
Completed
2008
Service charge
AED 23,900 /yr
Last sold
AED 2.08M · December 2023
Building
Al Tajer Residences

About 7074, Al Tajer Residences

7074 is a one-bedroom apartment of 1,021 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 26 December 2023 for AED 2,080,000, or AED 2,037 per sqft, 5% above the AED 1,945 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, signed on 20 July 2023, is AED 125,000 a year: a gross yield of 6.0% on the 2023 price, before the service charge of about AED 23,900 a year.

Sales and rents for 7074 over time

Sales
Unit 7074, 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, February 2009: AED 1,400,888 (AED 1,372 per sqft)Sold, January 2014: AED 2,450,000 (AED 2,399 per sqft)Sold, December 2023: AED 2,080,000 (AED 2,037 per sqft)

7074 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 7074, each contractTypical one-bed in Al Tajer Residences
100K2012201620202024Typical 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, May 2013: AED 100,000 a yearNew contract, October 2014: AED 120,000 a yearRenewal, October 2015: AED 120,000 a yearNew contract, June 2016: AED 110,000 a yearRenewal, June 2017: AED 110,000 a yearRenewal, June 2018: AED 100,000 a yearRenewal, June 2019: AED 100,000 a yearNew contract, December 2020: AED 75,000 a yearRenewal, December 2021: AED 78,750 a yearRenewal, December 2022: AED 82,688 a yearNew contract, July 2023: 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 7074 sits

All 120 1-beds →

7074 last sold in December 2023 at AED 2,037 per sqft, 5% above what one-beds in Al Tajer Residences were fetching at the time (AED 1,945). 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. 7074'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

7074, Al Tajer Residences in numbers

  • Sold 3 times: first on 8 February 2009 for AED 1,400,888, last on 26 December 2023 for AED 2,080,000 (AED 2,037 per sqft).
  • Rented since May 2013 on 11 Ejari contracts. The rent fell from AED 100,000 to AED 75,000 in 2020 and recovered to AED 125,000 by July 2023.
  • At AED 125,000 a year the gross yield on the 2023 price is 6.0%, before a service charge of about AED 23,900 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 26 December 2023.

Questions about 7074, Al Tajer Residences

What did unit 7074 last sell for?

AED 2,080,000 on 26 December 2023: AED 2,037 per sqft for 1,021 sqft. The unit has 3 registered sales; the first was AED 1,400,888 in February 2009.

What is the rent for unit 7074?

AED 125,000 a year on the contract signed on 20 July 2023. The previous contract, from December 2022, was AED 82,688; the unit has been rented since May 2013.

How big is unit 7074?

1,021 sqft (94.9 sqm): a one-bedroom apartment on the 7th floor of a 9-storey tower completed in 2008.

What is unit 7074 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 7074, Al Tajer Residences

Starts from the last sale price (AED 2.08M, 26 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,080,000
Deposit, UAE resident (20%)
AED 416,000
Deposit, non-resident (40%)
AED 832,000
Monthly over 25 years at 3.7%
AED 8,510

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