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2-bed · 1,450 sqftAl Tajer Residences, Downtown Dubai · 8th floor · completed 2008

8055, Al Tajer Residences

Sold prices and rental history: sold once, by the developer in June 2024, and rented once, from May 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 8055 · DLD and Ejari recordsUpdated 5 June 2024
Last soldAED 3.55M5 June 2024
Current rentAED 100K /yr7 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 8055, Al Tajer Residences

What is 8055 worth today?

Last sold for AED 3,550,000 in 2024

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5 Jun 2024Sold by developerReady
AED 3,550,000AED 2,448 per sqft
7 May 2023RentedNew contract
AED 100,000/yr12 months · AED 69 per sqft

Source: Dubai Land Department. Updated 5 June 2024.

Key facts

Type
2-bed apartment
Size
1,450 sqft
Floor
8th of 9
Parking
L5-114
Developer
Emaar
Completed
2008
Service charge
AED 34,000 /yr
Last sold
AED 3.55M · June 2024
Building
Al Tajer Residences

About 8055, Al Tajer Residences

8055 is a two-bedroom apartment of 1,450 sqft on the 8th floor of Al Tajer Residences, a 9-storey tower in Downtown Dubai completed in 2008 by Emaar. The developer sold it on 5 June 2024 for AED 3,550,000, or AED 2,448 per sqft, 14% above the AED 2,151 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 7 May 2023. The current contract, signed on 7 May 2023, is AED 100,000 a year: a gross yield of 2.8% on the 2024 price, before the service charge of about AED 34,000 a year.

Sales and rents for 8055 over time

Sales
Unit 8055, 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, June 2024: AED 3,550,000 (AED 2,448 per sqft)

8055 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 8055, each contractTypical two-bed in Al Tajer Residences
100K150K200K2012201620202024Typical 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, May 2023: AED 100,000 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 8055 sits

All 116 2-beds →

8055 last sold in June 2024 at AED 2,448 per sqft, 14% above what two-beds in Al Tajer Residences were fetching at the time (AED 2,151). 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. 8055's AED 100,000 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 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

8055, Al Tajer Residences in numbers

  • Sold once: by Emaar on 5 June 2024 for AED 3,550,000, or AED 2,448 per sqft.
  • Rented since May 2023 on one Ejari contract, at AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2024 price is 2.8%, before a service charge of about AED 34,000 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 5 June 2024.

Questions about 8055, Al Tajer Residences

What did unit 8055 last sell for?

AED 3,550,000 on 5 June 2024, sold by the developer: AED 2,448 per sqft for 1,450 sqft. It is the only registered sale of the unit.

What is the rent for unit 8055?

AED 100,000 a year on the contract signed on 7 May 2023.

How big is unit 8055?

1,450 sqft (134.7 sqm): a two-bedroom apartment on the 8th floor of a 9-storey tower completed in 2008.

What is unit 8055 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 8055, Al Tajer Residences

Starts from the last sale price (AED 3.55M, 5 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,550,000
Deposit, UAE resident (20%)
AED 710,000
Deposit, non-resident (40%)
AED 1,420,000
Monthly over 25 years at 3.7%
AED 14,524

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