2-bed · 1,969 sqftAl Tajer Residences, Downtown Dubai · 8th floor · completed 2008

8053, Al Tajer Residences

Sold prices and rental history: sold twice, last in September 2023, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 8053 · DLD and Ejari recordsUpdated 12 September 2023
Last soldAED 3.5M12 September 2023
Current rentAED 160K /yr1 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 8053, Al Tajer Residences

What is 8053 worth today?

Last sold for AED 3,500,000 in 2023

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12 Sep 2023SoldReady
AED 3,500,000AED 1,777 per sqft
1 Oct 2022RentedNew contract
AED 160,000/yr13 months · AED 81 per sqft
10 Apr 2018RentedRenewal
AED 200,000/yr12 months · AED 102 per sqft
10 Apr 2017RentedNew contract
AED 200,000/yr12 months · AED 102 per sqft
1 Apr 2016RentedNew contract
AED 180,000/yr12 months · AED 91 per sqft
1 Sep 2012RentedNew contract
AED 200,000/yr12 months · AED 102 per sqft
3 Aug 2010Sold by developerReady
AED 3,848,888AED 1,954 per sqft

Source: Dubai Land Department. Updated 12 September 2023.

Key facts

Type
2-bed apartment
Size
1,969 sqft
Floor
8th of 9
Parking
L5-115, L5-116
Developer
Emaar
Completed
2008
Service charge
AED 46,200 /yr
Last sold
AED 3.5M · September 2023

About 8053, Al Tajer Residences

8053 is a two-bedroom apartment of 1,969 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 12 September 2023 for AED 3,500,000, or AED 1,777 per sqft, 10% below the AED 1,968 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 5 Ejari contracts. The current contract, signed on 1 October 2022, is AED 160,000 a year: a gross yield of 4.6% on the 2023 price, before the service charge of about AED 46,200 a year.

Sales and rents for 8053 over time

Sales
Unit 8053, 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 3,848,888 (AED 1,954 per sqft)Sold, September 2023: AED 3,500,000 (AED 1,777 per sqft)

8053 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 8053, 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, September 2012: AED 200,000 a yearNew contract, April 2016: AED 180,000 a yearNew contract, April 2017: AED 200,000 a yearRenewal, April 2018: AED 200,000 a yearNew contract, October 2022: 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 8053 sits

All 116 2-beds →

8053 last sold in September 2023 at AED 1,777 per sqft, 10% below what two-beds in Al Tajer Residences were fetching at the time (AED 1,968). 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. 8053'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

8053, Al Tajer Residences in numbers

  • Sold twice: first on 3 August 2010 for AED 3,848,888, last on 12 September 2023 for AED 3,500,000 (AED 1,777 per sqft).
  • Rented since September 2012 on 5 Ejari contracts, from AED 200,000 to AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2023 price is 4.6%, before a service charge of about AED 46,200 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 12 September 2023.

Questions about 8053, Al Tajer Residences

What did unit 8053 last sell for?

AED 3,500,000 on 12 September 2023: AED 1,777 per sqft for 1,969 sqft. The unit has 2 registered sales; the first was AED 3,848,888 in August 2010.

What is the rent for unit 8053?

AED 160,000 a year on the contract signed on 1 October 2022. The previous contract, from April 2018, was AED 200,000; the unit has been rented since September 2012.

How big is unit 8053?

1,969 sqft (182.9 sqm): a two-bedroom apartment on the 8th floor of a 9-storey tower completed in 2008.

What is unit 8053 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 8053, Al Tajer Residences

Starts from the last sale price (AED 3.5M, 12 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,500,000
Deposit, UAE resident (20%)
AED 700,000
Deposit, non-resident (40%)
AED 1,400,000
Monthly over 25 years at 3.7%
AED 14,320

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