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2-bed · 1,483 sqftAl Tajer Residences, Downtown Dubai · 7th floor · completed 2008

7078, Al Tajer Residences

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

Unit 7078 · DLD and Ejari recordsUpdated 10 July 2019
Last soldAED 2.05M3 August 2010
Current rentAED 130K /yr10 July 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 7078, Al Tajer Residences

What is 7078 worth today?

Last sold for AED 2,047,888 in 2010

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10 Jul 2019RentedNew contract
AED 130,000/yr12 months · AED 88 per sqft
12 Apr 2019RentedRenewal
AED 150,000/yr12 months · AED 101 per sqft
12 Apr 2018RentedNew contract
AED 150,000/yr12 months · AED 101 per sqft
19 Feb 2017RentedNew contract
AED 165,000/yr12 months · AED 111 per sqft
8 Jan 2016RentedRenewal
AED 190,000/yr12 months · AED 128 per sqft
8 Jan 2015RentedRenewal
AED 190,000/yr12 months · AED 128 per sqft
8 Jan 2014RentedNew contract
AED 190,000/yr12 months · AED 128 per sqft
1 Jun 2013RentedNew contract
AED 185,000/yr12 months · AED 125 per sqft

Source: Dubai Land Department. Updated 10 July 2019.

Key facts

Type
2-bed apartment
Size
1,483 sqft
Floor
7th of 9
Parking
5. 223
Developer
Emaar
Completed
2008
Service charge
AED 34,800 /yr
Last sold
AED 2.05M · August 2010
Building
Al Tajer Residences

About 7078, Al Tajer Residences

7078 is a two-bedroom apartment of 1,483 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 3 August 2010 for AED 2,047,888, or AED 1,380 per sqft, in line with the AED 1,394 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 10 July 2019, is AED 130,000 a year: a gross yield of 6.3% on the 2010 price, before the service charge of about AED 34,800 a year.

Sales and rents for 7078 over time

Sales
Unit 7078, 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, August 2010: AED 2,047,888 (AED 1,380 per sqft)

7078 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 7078, 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 200,000New contract, June 2013: AED 185,000 a yearNew contract, January 2014: AED 190,000 a yearRenewal, January 2015: AED 190,000 a yearRenewal, January 2016: AED 190,000 a yearNew contract, February 2017: AED 165,000 a yearNew contract, April 2018: AED 150,000 a yearRenewal, April 2019: AED 150,000 a yearNew contract, July 2019: AED 130,000 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 7078 sits

All 116 2-beds →

7078 last sold in August 2010 at AED 1,380 per sqft, in line with what two-beds in Al Tajer Residences were fetching at the time (AED 1,394). 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. 7078's AED 130,000 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

7078, Al Tajer Residences in numbers

  • Sold once: by Emaar on 3 August 2010 for AED 2,047,888, or AED 1,380 per sqft.
  • Rented since June 2013 on 8 Ejari contracts, from AED 185,000 to AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2010 price is 6.3%, before a service charge of about AED 34,800 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 10 July 2019.

Questions about 7078, Al Tajer Residences

What did unit 7078 last sell for?

AED 2,047,888 on 3 August 2010, sold by the developer: AED 1,380 per sqft for 1,483 sqft. It is the only registered sale of the unit.

What is the rent for unit 7078?

AED 130,000 a year on the contract signed on 10 July 2019. The previous contract, from April 2019, was AED 150,000; the unit has been rented since June 2013.

How big is unit 7078?

1,483 sqft (137.8 sqm): a two-bedroom apartment on the 7th floor of a 9-storey tower completed in 2008.

What is unit 7078 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 7078, Al Tajer Residences

Starts from the last sale price (AED 2.05M, 3 August 2010). Switch to today's estimate once you have unlocked it.
Price
AED 2,047,888
Deposit, UAE resident (20%)
AED 409,578
Deposit, non-resident (40%)
AED 819,155
Monthly over 25 years at 3.7%
AED 8,379

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