2-bed · 1,393 sqftAl Tajer Residences, Downtown Dubai · 8th floor · completed 2008

8045, Al Tajer Residences

Sold prices and rental history: sold 3 times, last in March 2017, and rented once, from November 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 8045 · DLD and Ejari recordsUpdated 28 March 2017
Last soldAED 2.7M28 March 2017
Current rentAED 160K /yr5 November 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 8045, Al Tajer Residences

What is 8045 worth today?

Last sold for AED 2,700,000 in 2017

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28 Mar 2017SoldReady
AED 2,700,000AED 1,938 per sqft
5 Nov 2016RentedNew contract
AED 160,000/yr12 months · AED 115 per sqft
8 Oct 2009Sold by developerReady
AED 1,800,000AED 1,292 per sqft
8 Oct 2009SoldReady
AED 2,500,000AED 1,794 per sqft

Source: Dubai Land Department. Updated 28 March 2017.

Key facts

Type
2-bed apartment
Size
1,393 sqft
Floor
8th of 9
Parking
5.24
Developer
Emaar
Completed
2008
Service charge
AED 32,700 /yr
Last sold
AED 2.7M · March 2017

About 8045, Al Tajer Residences

8045 is a two-bedroom apartment of 1,393 sqft on the 8th floor of Al Tajer Residences, a 9-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 28 March 2017 for AED 2,700,000, or AED 1,938 per sqft, 10% above the AED 1,754 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 5 November 2016. The current contract, signed on 5 November 2016, is AED 160,000 a year: a gross yield of 5.9% on the 2017 price, before the service charge of about AED 32,700 a year.

Sales and rents for 8045 over time

Sales
Unit 8045, 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, October 2009: AED 1,800,000 (AED 1,292 per sqft)Sold, October 2009: AED 2,500,000 (AED 1,794 per sqft)Sold, March 2017: AED 2,700,000 (AED 1,938 per sqft)

8045 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 8045, 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, November 2016: AED 160,000 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 8045 sits

All 116 2-beds →

8045 last sold in March 2017 at AED 1,938 per sqft, 10% above what two-beds in Al Tajer Residences were fetching at the time (AED 1,754). 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. 8045's AED 160,000 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 8th floor

All 248 units in Al Tajer Residences
Value
80162-bedAED 2.1M · Sep 2020
80181-bedAED 2.7M · Mar 2026
80331-bedAED 2.3M · Oct 2024
80342-bedAED 2.4M · Jul 2012
80421-bedAED 1.65M · Jul 2012
80431-bedAED 1.25M · Aug 2010
80441-bedAED 1.5M · Dec 2008
1–7 of 29

8045, Al Tajer Residences in numbers

  • Sold 3 times: first on 8 October 2009 for AED 2,500,000, last on 28 March 2017 for AED 2,700,000 (AED 1,938 per sqft).
  • Rented since November 2016 on one Ejari contract, at AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2017 price is 5.9%, before a service charge of about AED 32,700 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 28 March 2017.

Questions about 8045, Al Tajer Residences

What did unit 8045 last sell for?

AED 2,700,000 on 28 March 2017: AED 1,938 per sqft for 1,393 sqft. The unit has 3 registered sales; the first was AED 2,500,000 in October 2009.

What is the rent for unit 8045?

AED 160,000 a year on the contract signed on 5 November 2016.

How big is unit 8045?

1,393 sqft (129.4 sqm): a two-bedroom apartment on the 8th floor of a 9-storey tower completed in 2008.

What is unit 8045 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 8045, Al Tajer Residences

Starts from the last sale price (AED 2.7M, 28 March 2017). Switch to today's estimate once you have unlocked it.
Price
AED 2,700,000
Deposit, UAE resident (20%)
AED 540,000
Deposit, non-resident (40%)
AED 1,080,000
Monthly over 25 years at 3.7%
AED 11,047

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