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2-bed · 717 sqftAl Tajer Residences, Downtown Dubai · 7th floor · completed 2008

7055, Al Tajer Residences

Sold prices and rental history: sold once, by the developer in September 2011, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 7055 · DLD and Ejari recordsUpdated 27 April 2025
Last soldAED 2.67M15 September 2011
Current rentAED 185K /yr27 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 7055, Al Tajer Residences

What is 7055 worth today?

Last sold for AED 2,672,888 in 2011

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27 Apr 2025RentedNew contract
AED 185,000/yr12 months · AED 129 per sqft
29 Sep 2023RentedRenewal
AED 176,000/yr12 months · AED 123 per sqft
29 Sep 2022RentedNew contract
AED 160,000/yr12 months · AED 112 per sqft
28 Sep 2021RentedRenewal
AED 105,000/yr12 months · AED 73 per sqft
28 Sep 2020RentedNew contract
AED 105,000/yr12 months · AED 73 per sqft
13 Sep 2019RentedNew contract
AED 135,000/yr12 months · AED 94 per sqft
14 May 2018RentedNew contract
AED 160,000/yr12 months · AED 112 per sqft
24 Nov 2016RentedNew contract
AED 170,000/yr12 months · AED 119 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 27 April 2025.

Key facts

Type
2-bed apartment
Size
717 sqft
Floor
7th of 9
Parking
5. 16
Developer
Emaar
Completed
2008
Service charge
AED 16,800 /yr
Last sold
AED 2.67M · September 2011
Building
Al Tajer Residences

About 7055, Al Tajer Residences

7055 is a two-bedroom apartment of 717 sqft on the 7th floor of Al Tajer Residences, a 9-storey tower in Downtown Dubai completed in 2008 by Emaar. The developer sold it on 15 September 2011 for AED 2,672,888, or AED 1,863 per sqft, 39% above the AED 1,339 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 27 April 2025, is AED 185,000 a year: a gross yield of 6.9% on the 2011 price, before the service charge of about AED 16,800 a year.

Sales and rents for 7055 over time

Sales
Unit 7055, each saleTypical two-bed in Al Tajer Residences
2M3M4M2008201320182023Typical sale price by year: 2008 AED 2,093,888; 2009 AED 2,055,703; 2010 AED 2,051,888; 2011 AED 2,200,000; 2012 AED 2,118,842; 2013 AED 2,694,400; 2014 AED 3,685,444; 2015 AED 3,400,000; 2016 AED 2,119,506; 2017 AED 2,975,000; 2018 AED 2,500,000; 2019 AED 2,160,000; 2020 AED 2,100,000; 2021 AED 2,125,000; 2022 AED 2,625,000; 2023 AED 3,350,000; 2024 AED 3,260,000; 2025 AED 3,912,500; 2026 AED 4,000,000Sold by developer, September 2011: AED 2,672,888 (AED 1,863 per sqft)

7055 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 7055, each contractTypical two-bed in Al Tajer Residences
100K200K2012201620202024Typical rent by year: 2012 AED 150,000; 2013 AED 170,000; 2014 AED 189,491; 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 144,732; 2023 AED 160,000; 2024 AED 180,000; 2025 AED 187,500; 2026 AED 225,000New contract, March 2013: AED 180,000 a yearNew contract, March 2015: AED 240,000 a yearNew contract, November 2016: AED 170,000 a yearNew contract, May 2018: AED 160,000 a yearNew contract, September 2019: AED 135,000 a yearNew contract, September 2020: AED 105,000 a yearRenewal, September 2021: AED 105,000 a yearNew contract, September 2022: AED 160,000 a yearRenewal, September 2023: AED 176,000 a yearNew contract, April 2025: AED 185,000 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 7055 sits

All 108 2-beds →

7055 last sold in September 2011 at AED 1,863 per sqft, 39% above what two-beds in Al Tajer Residences were fetching at the time (AED 1,339). Over the last 12 months two-beds sold for AED 3,850,000 to 4,500,000, around AED 2,713 per sqft, and rent for AED 160,000 to 400,000 a year. 7055's AED 185,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
3 Feb 20263,850,000
2 Feb 20264,000,000
17 Jan 20264,500,000
1 Jul 20253,925,000
3 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. 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 7th floor

All 248 units in Al Tajer Residences
Value
70152-bedAED 3.29M · Jan 2025
7016AED 2.58M · Oct 2025
70171-bedAED 1.36M · May 2019
7018AED 2.53M · Oct 2025
70331-bedAED 2.45M · May 2024
70342-bedAED 2.9M · May 2023
70352-bedAED 2.98M · Nov 2009
1–7 of 40

7055, Al Tajer Residences in numbers

  • Sold once: by Emaar on 15 September 2011 for AED 2,672,888, or AED 1,863 per sqft.
  • Rented since March 2013 on 10 Ejari contracts. The rent fell from AED 180,000 to AED 105,000 in 2021 and recovered to AED 185,000 by April 2025.
  • At AED 185,000 a year the gross yield on the 2011 price is 6.9%, before a service charge of about AED 16,800 a year (AED 23.45 per sqft).
  • Two-beds in Al Tajer Residences sold for AED 3,850,000–4,500,000 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 27 April 2025.

Questions about 7055, Al Tajer Residences

What did unit 7055 last sell for?

AED 2,672,888 on 15 September 2011, sold by the developer: AED 1,863 per sqft for 717 sqft. It is the only registered sale of the unit.

What is the rent for unit 7055?

AED 185,000 a year on the contract signed on 27 April 2025. The previous contract, from September 2023, was AED 176,000; the unit has been rented since March 2013.

How big is unit 7055?

717 sqft (66.6 sqm): a two-bedroom apartment on the 7th floor of a 9-storey tower completed in 2008.

What is unit 7055 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 3,850,000 to 4,500,000 in the last 12 months, around AED 2,713 per sqft.

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Mortgage on 7055, Al Tajer Residences

Starts from the last sale price (AED 2.67M, 15 September 2011). Switch to today's estimate once you have unlocked it.
Price
AED 2,672,888
Deposit, UAE resident (20%)
AED 534,578
Deposit, non-resident (40%)
AED 1,069,155
Monthly over 25 years at 3.7%
AED 10,936

Plus AED 117,272 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →