2-bed · 1,677 sqftTiara - Aquamarine, Palm Jumeirah · 10th floor · completed 2009

1001, Tiara - Aquamarine

Sold prices and rental history: sold 5 times, last in May 2021, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1001 · DLD and Ejari recordsUpdated 15 July 2022
Last soldAED 3.5M19 May 2021
Current rentAED 190K /yr15 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1001, Tiara - Aquamarine

What is 1001 worth today?

Last sold for AED 3,500,000 in 2021

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15 Jul 2022RentedRenewal
AED 190,000/yr12 months · AED 113 per sqft
15 Jul 2021RentedNew contract
AED 190,000/yr12 months · AED 113 per sqft
19 May 2021SoldReady
AED 3,500,000AED 2,087 per sqft
16 Jul 2020RentedRenewal
AED 190,000/yr12 months · AED 113 per sqft
15 Jul 2019RentedNew contract
AED 204,450/yr12 months · AED 122 per sqft
15 Jul 2018RentedNew contract
AED 220,000/yr12 months · AED 131 per sqft
15 Jul 2017RentedRenewal
AED 235,000/yr12 months · AED 140 per sqft
15 Jul 2016RentedNew contract
AED 235,000/yr12 months · AED 140 per sqft

Source: Dubai Land Department. Updated 15 July 2022.

Key facts

Type
2-bed apartment
Size
1,677 sqft
Floor
10th of 12
Parking
2323 +2263
Developer
Zabeel Investments
Completed
2009
Service charge
AED 29,200 /yr
Last sold
AED 3.5M · May 2021

About 1001, Tiara - Aquamarine

1001 is a two-bedroom apartment of 1,677 sqft on the 10th floor of Tiara - Aquamarine, a 12-storey tower in Palm Jumeirah completed in 2009 by Zabeel Investments. It last sold on 19 May 2021 for AED 3,500,000, or AED 2,087 per sqft, 11% above the AED 1,878 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 12 Ejari contracts. The current contract, renewed on 15 July 2022, is AED 190,000 a year: a gross yield of 5.4% on the 2021 price, before the service charge of about AED 29,200 a year.

Sales and rents for 1001 over time

Sales
Unit 1001, each saleTypical two-bed in Tiara - Aquamarine
2.5M5M7.5M2009201420192024Typical sale price by year: 2009 AED 2,788,350; 2010 AED 3,100,000; 2011 AED 2,776,700; 2012 AED 2,587,080; 2013 AED 3,116,555; 2014 AED 4,000,000; 2023 AED 4,375,000; 2024 AED 5,700,000; 2025 AED 7,000,000Sold by developer, January 2010: AED 3,100,000 (AED 1,848 per sqft)Sold, January 2010: AED 3,100,000 (AED 1,848 per sqft)Sold, May 2011: AED 3,100,000 (AED 1,848 per sqft)Sold, May 2011: AED 2,931,000 (AED 1,747 per sqft)Sold, May 2021: AED 3,500,000 (AED 2,087 per sqft)

1001 has sold 5 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1001, each contractTypical two-bed in Tiara - Aquamarine
200K300K2013201720212025Typical rent by year: 2013 AED 215,000; 2014 AED 225,000; 2015 AED 220,000; 2016 AED 225,000; 2017 AED 210,000; 2018 AED 197,500; 2019 AED 180,000; 2020 AED 165,000; 2021 AED 175,000; 2022 AED 195,528; 2023 AED 215,170; 2024 AED 277,500; 2025 AED 295,000; 2026 AED 292,000New contract, February 2014: AED 240,000 a yearNew contract, February 2014: AED 235,000 a yearRenewal, February 2015: AED 244,898 a yearNew contract, September 2015: AED 255,000 a yearNew contract, September 2015: AED 245,000 a yearNew contract, July 2016: AED 235,000 a yearRenewal, July 2017: AED 235,000 a yearNew contract, July 2018: AED 220,000 a yearNew contract, July 2019: AED 204,450 a yearRenewal, July 2020: AED 190,000 a yearNew contract, July 2021: AED 190,000 a yearRenewal, July 2022: AED 190,000 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 Tiara - Aquamarine, and where 1001 sits

All 29 2-beds →

1001 last sold in May 2021 at AED 2,087 per sqft, 11% above what two-beds in Tiara - Aquamarine were fetching at the time (AED 1,878). 1001's AED 190,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
29 Sep 20257,100,000
31 Jul 20258,000,000
23 Apr 20256,500,000
14 Apr 20256,900,000
0 2-bed sales in the last 12 months

Tiara - Aquamarine

Building

76 apartments, 1-bed to 4-bed over 12 floors in Palm Jumeirah, completed in 2009 by Zabeel Investments. 4 sold in the last 12 months.

Typical price per sqft
AED 3,530
Typical sale
AED 4.58M
Typical rent
AED 245K /yr
Typical yield
4.4%
Tiara - Aquamarine, Palm Jumeirah: prices, sales and rents →

Other units on the 10th floor

All 76 units in Tiara - Aquamarine
Value
10023-bedAED 3.94M · Jul 2013
10031-bedAED 3.15M · Mar 2023
10041-bedAED 2.87M · May 2013
10053-bedAED 4.72M · Jun 2021
10062-bedAED 8M · Jul 2025

1001, Tiara - Aquamarine in numbers

  • Sold 5 times: first on 18 January 2010 for AED 3,100,000, last on 19 May 2021 for AED 3,500,000 (AED 2,087 per sqft).
  • Rented since February 2014 on 12 Ejari contracts, from AED 235,000 to AED 190,000 a year.
  • At AED 190,000 a year the gross yield on the 2021 price is 5.4%, before a service charge of about AED 29,200 a year (AED 17.41 per sqft).

Source: Dubai Land Department. Updated 15 July 2022.

Questions about 1001, Tiara - Aquamarine

What did unit 1001 last sell for?

AED 3,500,000 on 19 May 2021: AED 2,087 per sqft for 1,677 sqft. The unit has 5 registered sales; the first was AED 3,100,000 in January 2010.

What is the rent for unit 1001?

AED 190,000 a year on the contract renewed on 15 July 2022. The previous contract, from July 2021, was AED 190,000; the unit has been rented since February 2014.

How big is unit 1001?

1,677 sqft (155.8 sqm): a two-bedroom apartment on the 10th floor of a 12-storey tower completed in 2009.

What is unit 1001 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 1001, Tiara - Aquamarine

Starts from the last sale price (AED 3.5M, 19 May 2021). Switch to today's estimate once you have unlocked it.
Price
AED 3,500,000
Deposit, UAE resident (20%)
AED 700,000
Deposit, non-resident (40%)
AED 1,400,000
Monthly over 25 years at 3.7%
AED 14,320

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