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1-bed · 996 sqftAl Tajer Residences, Downtown Dubai · 4th floor · completed 2008

4056, Al Tajer Residences

Sold prices and rental history: sold twice, last in April 2022, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4056 · DLD and Ejari recordsUpdated 11 June 2023
Last soldAED 1.78M28 April 2022
Current rentAED 118K /yr11 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4056, Al Tajer Residences

What is 4056 worth today?

Last sold for AED 1,775,000 in 2022

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11 Jun 2023RentedRenewal
AED 118,000/yr12 months · AED 118 per sqft
28 Apr 2022SoldReady
AED 1,775,000AED 1,782 per sqft
11 Jun 2021RentedNew contract
AED 83,500/yr12 months · AED 83 per sqft
11 Jun 2020RentedRenewal
AED 71,250/yr12 months · AED 71 per sqft
12 Jun 2018RentedRenewal
AED 130,350/yr12 months · AED 130 per sqft
25 Dec 2011Sold by developerReady
AED 1,582,888AED 1,589 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 11 June 2023.

Key facts

Type
1-bed apartment
Size
996 sqft
Floor
4th of 9
Parking
4. 69
Developer
Emaar
Completed
2008
Service charge
AED 23,400 /yr
Last sold
AED 1.78M · April 2022
Building
Al Tajer Residences

About 4056, Al Tajer Residences

4056 is a one-bedroom apartment of 996 sqft on the 4th floor of Al Tajer Residences, a 9-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 28 April 2022 for AED 1,775,000, or AED 1,782 per sqft, 39% above the AED 1,281 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, renewed on 11 June 2023, is AED 118,000 a year: a gross yield of 6.7% on the 2022 price, before the service charge of about AED 23,400 a year.

Sales and rents for 4056 over time

Sales
Unit 4056, each saleTypical one-bed in Al Tajer Residences
2M3M2008201320182023Typical 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, December 2011: AED 1,582,888 (AED 1,589 per sqft)Sold, April 2022: AED 1,775,000 (AED 1,782 per sqft)

4056 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 4056, 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 91,000; 2021 AED 90,000; 2022 AED 95,000; 2023 AED 115,000; 2024 AED 128,300; 2025 AED 133,500; 2026 AED 140,000Renewal, June 2018: AED 130,350 a yearRenewal, June 2020: AED 71,250 a yearNew contract, June 2021: AED 83,500 a yearRenewal, June 2023: AED 118,000 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 4056 sits

All 115 1-beds →

4056 last sold in April 2022 at AED 1,782 per sqft, 39% above what one-beds in Al Tajer Residences were fetching at the time (AED 1,281). 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. 4056's AED 118,000 is in the lower half 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

4056, Al Tajer Residences in numbers

  • Sold twice: first on 25 December 2011 for AED 1,582,888, last on 28 April 2022 for AED 1,775,000 (AED 1,782 per sqft).
  • Rented since June 2018 on 4 Ejari contracts. The rent fell from AED 130,350 to AED 71,250 in 2020 and recovered to AED 118,000 by June 2023.
  • At AED 118,000 a year the gross yield on the 2022 price is 6.7%, before a service charge of about AED 23,400 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 11 June 2023.

Questions about 4056, Al Tajer Residences

What did unit 4056 last sell for?

AED 1,775,000 on 28 April 2022: AED 1,782 per sqft for 996 sqft. The unit has 2 registered sales; the first was AED 1,582,888 in December 2011.

What is the rent for unit 4056?

AED 118,000 a year on the contract renewed on 11 June 2023. The previous contract, from June 2021, was AED 83,500; the unit has been rented since June 2018.

How big is unit 4056?

996 sqft (92.5 sqm): a one-bedroom apartment on the 4th floor of a 9-storey tower completed in 2008.

What is unit 4056 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 4056, Al Tajer Residences

Starts from the last sale price (AED 1.78M, 28 April 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,775,000
Deposit, UAE resident (20%)
AED 355,000
Deposit, non-resident (40%)
AED 710,000
Monthly over 25 years at 3.7%
AED 7,262

Plus AED 79,560 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →