1-bed · 1,018 sqftAl Tajer Residences, Downtown Dubai · 4th floor · completed 2008

4020, Al Tajer Residences

Sold prices and rental history: sold once, by the developer in October 2015, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4020 · DLD and Ejari recordsUpdated 1 July 2025
Last soldAED 653K29 October 2015
Current rentAED 68K /yr1 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4020, Al Tajer Residences

What is 4020 worth today?

Last sold for AED 653,248 in 2015

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1 Jul 2025RentedNew contract
AED 68,400/yr12 months · AED 67 per sqft
1 Jun 2025RentedNew contract
AED 63,138/yr13 months · AED 62 per sqft
1 Jul 2024RentedNew contract
AED 57,000/yr12 months · AED 56 per sqft
1 Jul 2023RentedRenewal
AED 60,000/yr12 months · AED 59 per sqft
1 Jul 2022RentedRenewal
AED 60,000/yr12 months · AED 59 per sqft
1 Jul 2021RentedRenewal
AED 60,000/yr12 months · AED 59 per sqft
1 Jul 2019RentedRenewal
AED 85,000/yr12 months · AED 83 per sqft
1 Jul 2016RentedNew contract
AED 110,000/yr12 months · AED 108 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 July 2025.

Key facts

Type
1-bed apartment
Size
1,018 sqft
Floor
4th of 9
Parking
4. 37
Developer
Emaar
Completed
2008
Service charge
AED 23,900 /yr
Last sold
AED 653K · October 2015

About 4020, Al Tajer Residences

4020 is a one-bedroom apartment of 1,018 sqft on the 4th floor of Al Tajer Residences, a 9-storey tower in Downtown Dubai completed in 2008 by Emaar. The developer sold it on 29 October 2015 for AED 653,248, or AED 641 per sqft, 63% below the AED 1,740 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, signed on 1 July 2025, is AED 68,400 a year: a gross yield of 10.5% on the 2015 price, before the service charge of about AED 23,900 a year.

Sales and rents for 4020 over time

Sales
Unit 4020, each saleTypical one-bed in Al Tajer Residences
1M2M3M2008201320182023Typical sale price by year: 2008 AED 1,501,888; 2009 AED 1,472,888; 2010 AED 1,477,888; 2011 AED 1,433,888; 2012 AED 1,550,000; 2013 AED 1,900,000; 2014 AED 2,300,000; 2015 AED 1,975,000; 2016 AED 1,950,000; 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 2,310,000; 2025 AED 2,745,000Sold by developer, October 2015: AED 653,248 (AED 641 per sqft)

4020 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 4020, each contractTypical one-bed in Al Tajer Residences
50K100K150K2012201620202024Typical 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 91,000; 2021 AED 90,000; 2022 AED 95,000; 2023 AED 115,000; 2024 AED 128,300; 2025 AED 133,500; 2026 AED 140,000New contract, July 2016: AED 110,000 a yearRenewal, July 2019: AED 85,000 a yearRenewal, July 2021: AED 60,000 a yearRenewal, July 2022: AED 60,000 a yearRenewal, July 2023: AED 60,000 a yearNew contract, July 2024: AED 57,000 a yearNew contract, June 2025: AED 63,138 a yearNew contract, July 2025: AED 68,400 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 4020 sits

All 115 1-beds →

4020 last sold in October 2015 at AED 641 per sqft, 63% below what one-beds in Al Tajer Residences were fetching at the time (AED 1,740). Over the last 12 months one-beds sold for AED 3,000,000, around AED 3,131 per sqft, and rent for AED 104,500 to 250,000 a year. 4020's AED 68,400 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
9 Dec 20253,000,000
23 Jul 20252,500,000
21 Jul 20253,070,000
4 Jul 20252,700,000
1 1-bed sale 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. 4 sold in the last 12 months.

Typical price per sqft
AED 2,802
Typical sale
AED 3.93M
Typical rent
AED 150K /yr
Typical yield
4.7%
Al Tajer Residences, Downtown Dubai: prices, sales and rents →

Other units on the 4th floor

All 248 units in Al Tajer Residences
Value
40012-bedAED 3M · Dec 2012
40021-bedAED 2.85M · Dec 2024
40031-bedAED 2.25M · Jan 2017
40041-bedAED 2M · Jul 2023
40051-bedAED 1.78M · Mar 2010
40061-bedAED 1.6M · Oct 2016
40071-bedAED 1.48M · Mar 2019
1–7 of 42

4020, Al Tajer Residences in numbers

  • Sold once: by Emaar on 29 October 2015 for AED 653,248, or AED 641 per sqft.
  • Rented since July 2016 on 8 Ejari contracts. The rent fell from AED 110,000 to AED 57,000 in 2024 and recovered to AED 68,400 by July 2025.
  • At AED 68,400 a year the gross yield on the 2015 price is 10.5%, before a service charge of about AED 23,900 a year (AED 23.45 per sqft).
  • One-beds in Al Tajer Residences sold for AED 3,000,000–3,000,000 in the 12 months to November 2026; the building's median across all types is AED 2,802 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 1 July 2025.

Questions about 4020, Al Tajer Residences

What did unit 4020 last sell for?

AED 653,248 on 29 October 2015, sold by the developer: AED 641 per sqft for 1,018 sqft. It is the only registered sale of the unit.

What is the rent for unit 4020?

AED 68,400 a year on the contract signed on 1 July 2025. The previous contract, from June 2025, was AED 63,138; the unit has been rented since July 2016.

How big is unit 4020?

1,018 sqft (94.6 sqm): a one-bedroom apartment on the 4th floor of a 9-storey tower completed in 2008.

What is unit 4020 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 3,000,000 to 3,000,000 in the last 12 months, around AED 3,131 per sqft.

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Mortgage on 4020, Al Tajer Residences

Starts from the last sale price (AED 653K, 29 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 653,248
Deposit, UAE resident (20%)
AED 130,650
Deposit, non-resident (40%)
AED 261,299
Monthly over 25 years at 3.7%
AED 2,673

Plus AED 32,446 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →