1-bed · 958 sqftAl Tajer Residences, Downtown Dubai · 8th floor · completed 2008

8068, Al Tajer Residences

Sold prices and rental history: sold twice, last in February 2012, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 8068 · DLD and Ejari recordsUpdated 1 July 2023
Last soldAED 1.25M5 February 2012
Current rentAED 88K /yr1 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 8068, Al Tajer Residences

What is 8068 worth today?

Last sold for AED 1,250,000 in 2012

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1 Jul 2023RentedRenewal
AED 88,000/yr12 months · AED 92 per sqft
1 Jul 2022RentedNew contract
AED 88,000/yr12 months · AED 92 per sqft
1 Apr 2021RentedNew contract
AED 70,000/yr12 months · AED 73 per sqft
30 Aug 2019RentedRenewal
AED 92,000/yr12 months · AED 96 per sqft
31 Jul 2018RentedNew contract
AED 92,537/yr13 months · AED 97 per sqft
3 Nov 2016RentedNew contract
AED 128,000/yr12 months · AED 134 per sqft
27 Sep 2015RentedRenewal
AED 120,000/yr12 months · AED 125 per sqft
27 Sep 2014RentedRenewal
AED 120,000/yr12 months · AED 125 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 July 2023.

Key facts

Type
1-bed apartment
Size
958 sqft
Floor
8th of 9
Parking
5. 127
Developer
Emaar
Completed
2008
Service charge
AED 22,500 /yr
Last sold
AED 1.25M · February 2012

About 8068, Al Tajer Residences

8068 is a one-bedroom apartment of 958 sqft on the 8th floor of Al Tajer Residences, a 9-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 5 February 2012 for AED 1,250,000, or AED 1,304 per sqft, 11% above the AED 1,179 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 1 July 2023, is AED 88,000 a year: a gross yield of 7.0% on the 2012 price, before the service charge of about AED 22,500 a year.

Sales and rents for 8068 over time

Sales
Unit 8068, 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, September 2010: AED 1,382,292 (AED 1,442 per sqft)Sold, February 2012: AED 1,250,000 (AED 1,304 per sqft)

8068 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 8068, 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 140,000New contract, September 2013: AED 110,000 a yearRenewal, September 2014: AED 120,000 a yearRenewal, September 2015: AED 120,000 a yearNew contract, November 2016: AED 128,000 a yearNew contract, July 2018: AED 92,537 a yearRenewal, August 2019: AED 92,000 a yearNew contract, April 2021: AED 70,000 a yearNew contract, July 2022: AED 88,000 a yearRenewal, July 2023: AED 88,000 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 8068 sits

All 115 1-beds →

8068 last sold in February 2012 at AED 1,304 per sqft, 11% above what one-beds in Al Tajer Residences were fetching at the time (AED 1,179). 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. 8068's AED 88,000 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 8th floor

All 248 units in Al Tajer Residences
Value
80162-bedAED 2.1M · Sep 2020
80181-bedAED 2.75M · Nov 2014
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

8068, Al Tajer Residences in numbers

  • Sold twice: first on 7 September 2010 for AED 1,382,292, last on 5 February 2012 for AED 1,250,000 (AED 1,304 per sqft).
  • Rented since September 2013 on 9 Ejari contracts. The rent fell from AED 110,000 to AED 70,000 in 2021 and recovered to AED 88,000 by July 2023.
  • At AED 88,000 a year the gross yield on the 2012 price is 7.0%, before a service charge of about AED 22,500 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 2023.

Questions about 8068, Al Tajer Residences

What did unit 8068 last sell for?

AED 1,250,000 on 5 February 2012: AED 1,304 per sqft for 958 sqft. The unit has 2 registered sales; the first was AED 1,382,292 in September 2010.

What is the rent for unit 8068?

AED 88,000 a year on the contract renewed on 1 July 2023. The previous contract, from July 2022, was AED 88,000; the unit has been rented since September 2013.

How big is unit 8068?

958 sqft (89.0 sqm): a one-bedroom apartment on the 8th floor of a 9-storey tower completed in 2008.

What is unit 8068 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 8068, Al Tajer Residences

Starts from the last sale price (AED 1.25M, 5 February 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,250,000
Deposit, UAE resident (20%)
AED 250,000
Deposit, non-resident (40%)
AED 500,000
Monthly over 25 years at 3.7%
AED 5,114

Plus AED 57,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →