1-bed · 2,031 sqftAl Tajer Residences, Downtown Dubai · 9th floor · completed 2008

9016, Al Tajer Residences

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

Unit 9016 · DLD and Ejari recordsUpdated 5 January 2015
Last soldAED 2.1M1 July 2010
Current rentAED 149K /yr5 January 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 9016, Al Tajer Residences

What is 9016 worth today?

Last sold for AED 2,100,000 in 2010

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5 Jan 2015RentedRenewal
AED 149,254/yr8 months · AED 73 per sqft
5 Jan 2014RentedNew contract
AED 120,000/yr15 months · AED 59 per sqft
5 Jan 2014RentedNew contract
AED 150,000/yr12 months · AED 74 per sqft
1 Mar 2013RentedNew contract
AED 120,000/yr12 months · AED 59 per sqft
1 Jul 2010Sold by developerReady
AED 2,100,000AED 1,033 per sqft

Source: Dubai Land Department. Updated 5 January 2015.

Key facts

Type
1-bed apartment
Size
2,031 sqft
Floor
9th of 9
Parking
5. 43
Developer
Emaar
Completed
2008
Service charge
AED 47,600 /yr
Last sold
AED 2.1M · July 2010

About 9016, Al Tajer Residences

9016 is a one-bedroom apartment of 2,031 sqft on the 9th floor of Al Tajer Residences, a 9-storey tower in Downtown Dubai completed in 2008 by Emaar. The developer sold it on 1 July 2010 for AED 2,100,000, or AED 1,033 per sqft, 24% below the AED 1,351 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, renewed on 5 January 2015, is AED 149,254 a year: a gross yield of 7.1% on the 2010 price, before the service charge of about AED 47,600 a year.

Sales and rents for 9016 over time

Sales
Unit 9016, 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, July 2010: AED 2,100,000 (AED 1,033 per sqft)

9016 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 9016, each contractTypical one-bed in Al Tajer Residences
100K150K2012201620202024Typical 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, March 2013: AED 120,000 a yearNew contract, January 2014: AED 120,000 a yearNew contract, January 2014: AED 150,000 a yearRenewal, January 2015: AED 149,254 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 9016 sits

All 120 1-beds →

9016 last sold in July 2010 at AED 1,033 per sqft, 24% below what one-beds in Al Tajer Residences were fetching at the time (AED 1,351). 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. 9016's AED 149,254 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 9th floor

All 248 units in Al Tajer Residences
Value
90331-bedAED 1.6M · May 2021
90423-bedAED 3.59M · Dec 2008
90441-bedAED 1.88M · Jul 2015
90492-bedAED 2.85M · Dec 2008
90512-bedAED 3.9M · May 2025
90542-bedAED 3.1M · Aug 2020
90612-bedAED 5.43M · Feb 2013
1–7 of 15

9016, Al Tajer Residences in numbers

  • Sold once: by Emaar on 1 July 2010 for AED 2,100,000, or AED 1,033 per sqft.
  • Rented since March 2013 on 4 Ejari contracts, from AED 120,000 to AED 149,254 a year.
  • At AED 149,254 a year the gross yield on the 2010 price is 7.1%, before a service charge of about AED 47,600 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 5 January 2015.

Questions about 9016, Al Tajer Residences

What did unit 9016 last sell for?

AED 2,100,000 on 1 July 2010, sold by the developer: AED 1,033 per sqft for 2,031 sqft. It is the only registered sale of the unit.

What is the rent for unit 9016?

AED 149,254 a year on the contract renewed on 5 January 2015. The previous contract, from January 2014, was AED 120,000; the unit has been rented since March 2013.

How big is unit 9016?

2,031 sqft (188.7 sqm): a one-bedroom apartment on the 9th floor of a 9-storey tower completed in 2008.

What is unit 9016 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 9016, Al Tajer Residences

Starts from the last sale price (AED 2.1M, 1 July 2010). Switch to today's estimate once you have unlocked it.
Price
AED 2,100,000
Deposit, UAE resident (20%)
AED 420,000
Deposit, non-resident (40%)
AED 840,000
Monthly over 25 years at 3.7%
AED 8,592

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