3-bed · 2,266 sqftTiara - Aquamarine, Palm Jumeirah · 12th floor · completed 2009

1202, Tiara - Aquamarine

Sold prices and rental history: sold 3 times, last in September 2021, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1202 · DLD and Ejari recordsUpdated 1 December 2021
Last soldAED 4.8M29 September 2021
Current rentAED 205K /yr1 December 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1202, Tiara - Aquamarine

What is 1202 worth today?

Last sold for AED 4,800,000 in 2021

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1 Dec 2021RentedNew contract
AED 205,000/yr12 months · AED 90 per sqft
29 Sep 2021SoldReady
AED 4,800,000AED 2,118 per sqft
1 Dec 2020RentedRenewal
AED 205,000/yr12 months · AED 90 per sqft
1 Dec 2019RentedNew contract
AED 215,000/yr12 months · AED 95 per sqft
7 Jul 2018RentedRenewal
AED 249,330/yr12 months · AED 110 per sqft
7 Jul 2017RentedRenewal
AED 275,000/yr12 months · AED 121 per sqft
7 Jul 2016RentedRenewal
AED 275,000/yr12 months · AED 121 per sqft
7 Jul 2015RentedRenewal
AED 275,000/yr12 months · AED 121 per sqft

Source: Dubai Land Department. Updated 1 December 2021.

Key facts

Type
3-bed apartment
Size
2,266 sqft
Floor
12th of 12
Parking
2389,2390
Developer
Zabeel Investments
Completed
2009
Service charge
AED 39,500 /yr
Last sold
AED 4.8M · September 2021

About 1202, Tiara - Aquamarine

1202 is a three-bedroom apartment of 2,266 sqft on the 12th floor of Tiara - Aquamarine, a 12-storey tower in Palm Jumeirah completed in 2009 by Zabeel Investments. It last sold on 29 September 2021 for AED 4,800,000, or AED 2,118 per sqft, 5% above the AED 2,011 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 1 December 2021, is AED 205,000 a year: a gross yield of 4.3% on the 2021 price, before the service charge of about AED 39,500 a year.

Sales and rents for 1202 over time

Sales
Unit 1202, each saleTypical three-bed in Tiara - Aquamarine
4M6M8M20092013201720212025Typical sale price by year: 2009 AED 4,037,388; 2010 AED 4,222,395; 2011 AED 4,093,655; 2012 AED 3,840,560; 2013 AED 4,728,225; 2014 AED 5,400,000; 2015 AED 5,850,000; 2021 AED 4,557,500; 2024 AED 8,042,500Sold by developer, March 2009: AED 4,789,635 (AED 2,113 per sqft)Sold, May 2011: AED 4,789,635 (AED 2,113 per sqft)Sold, September 2021: AED 4,800,000 (AED 2,118 per sqft)

1202 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1202, each contractTypical three-bed in Tiara - Aquamarine
200K300K2013201720212025Typical rent by year: 2013 AED 260,000; 2014 AED 290,000; 2015 AED 280,755; 2016 AED 280,000; 2017 AED 277,500; 2018 AED 250,000; 2019 AED 232,000; 2020 AED 215,000; 2021 AED 212,500; 2022 AED 227,500; 2023 AED 275,000; 2024 AED 342,500; 2025 AED 349,491; 2026 AED 360,000New contract, July 2013: AED 270,000 a yearNew contract, July 2014: AED 275,000 a yearRenewal, July 2015: AED 275,000 a yearRenewal, July 2016: AED 275,000 a yearRenewal, July 2017: AED 275,000 a yearRenewal, July 2018: AED 249,330 a yearNew contract, December 2019: AED 215,000 a yearRenewal, December 2020: AED 205,000 a yearNew contract, December 2021: AED 205,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Tiara - Aquamarine, and where 1202 sits

All 26 3-beds →

1202 last sold in September 2021 at AED 2,118 per sqft, 5% above what three-beds in Tiara - Aquamarine were fetching at the time (AED 2,011). Over the last 12 months three-beds sold for AED 10,000,000, around AED 4,413 per sqft, and rent for AED 320,000 to 490,000 a year. 1202's AED 205,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
1 Jul 202610,000,000
28 Nov 20247,985,000
7 Nov 20247,500,000
30 Oct 20248,100,000
1 3-bed sale 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 12th floor

All 76 units in Tiara - Aquamarine
Value
12012-bedAED 4.35M · Jun 2023
12031-bedAED 2.9M · Sep 2013
12041-bedAED 2.94M · Oct 2013
12053-bedAED 2.1M · Jan 2012
12062-bedAED 6.9M · Apr 2025

1202, Tiara - Aquamarine in numbers

  • Sold 3 times: first on 2 March 2009 for AED 4,789,635, last on 29 September 2021 for AED 4,800,000 (AED 2,118 per sqft).
  • Rented since July 2013 on 9 Ejari contracts, from AED 270,000 to AED 205,000 a year.
  • At AED 205,000 a year the gross yield on the 2021 price is 4.3%, before a service charge of about AED 39,500 a year (AED 17.41 per sqft).
  • Three-beds in Tiara - Aquamarine sold for AED 10,000,000–10,000,000 in the 12 months to November 2026; the building's median across all types is AED 3,530 per sqft.

Source: Dubai Land Department. Updated 1 December 2021.

Questions about 1202, Tiara - Aquamarine

What did unit 1202 last sell for?

AED 4,800,000 on 29 September 2021: AED 2,118 per sqft for 2,266 sqft. The unit has 3 registered sales; the first was AED 4,789,635 in March 2009.

What is the rent for unit 1202?

AED 205,000 a year on the contract signed on 1 December 2021. The previous contract, from December 2020, was AED 205,000; the unit has been rented since July 2013.

How big is unit 1202?

2,266 sqft (210.5 sqm): a three-bedroom apartment on the 12th floor of a 12-storey tower completed in 2009.

What is unit 1202 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Tiara - Aquamarine sold for AED 10,000,000 to 10,000,000 in the last 12 months, around AED 4,413 per sqft.

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Mortgage on 1202, Tiara - Aquamarine

Starts from the last sale price (AED 4.8M, 29 September 2021). Switch to today's estimate once you have unlocked it.
Price
AED 4,800,000
Deposit, UAE resident (20%)
AED 960,000
Deposit, non-resident (40%)
AED 1,920,000
Monthly over 25 years at 3.7%
AED 19,638

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