402, Tiara - Aquamarine
Sold prices and rental history: sold twice, last in June 2011, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 402, Tiara - Aquamarine
What is 402 worth today?
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Source: Dubai Land Department. Updated 19 November 2023.
Key facts
- Type
- 3-bed apartment
- Size
- 2,266 sqft
- Floor
- 4th of 12
- Parking
- 1312, 1311
- Developer
- Zabeel Investments
- Completed
- 2009
- Service charge
- AED 39,500 /yr
- Last sold
- AED 3.67M · June 2011
- Building
- Tiara - Aquamarine
About 402, Tiara - Aquamarine
402 is a three-bedroom apartment of 2,266 sqft on the 4th floor of Tiara - Aquamarine, a 12-storey tower in Palm Jumeirah completed in 2009 by Zabeel Investments. It last sold on 13 June 2011 for AED 3,666,500, or AED 1,618 per sqft, 10% below the AED 1,806 three-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, renewed on 19 November 2023, is AED 300,000 a year: a gross yield of 8.2% on the 2011 price, before the service charge of about AED 39,500 a year.
Sales and rents for 402 over time
402 has sold twice; the dashed line is the three-bed median of each year in the building.
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 402 sits
All 26 3-beds →402 last sold in June 2011 at AED 1,618 per sqft, 10% below what three-beds in Tiara - Aquamarine were fetching at the time (AED 1,806). 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. 402's AED 300,000 is at the bottom of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 1 Jul 20261 July 2026 | 2,266 sqft | 10,000,000 | 4,413 | ||
| 28 Nov 202428 November 2024 | 2,266 sqft | 7,985,000 | 3,523 | ||
| 7 Nov 20247 November 2024 | 2,266 sqft | 7,500,000 | 3,309 | ||
| 30 Oct 202430 October 2024 | 2,130 sqft | 8,100,000 | 3,802 |
Tiara - Aquamarine
Building76 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%
Other units on the 4th floor
All 76 units in Tiara - Aquamarine402, Tiara - Aquamarine in numbers
- Sold twice: first on 1 March 2009 for AED 3,666,500, last on 13 June 2011 for AED 3,666,500 (AED 1,618 per sqft).
- Rented since December 2014 on 9 Ejari contracts. The rent fell from AED 280,000 to AED 205,000 in 2022 and recovered to AED 300,000 by November 2023.
- At AED 300,000 a year the gross yield on the 2011 price is 8.2%, 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 19 November 2023.
Questions about 402, Tiara - Aquamarine
What did unit 402 last sell for?
AED 3,666,500 on 13 June 2011: AED 1,618 per sqft for 2,266 sqft. The unit has 2 registered sales; the first was AED 3,666,500 in March 2009.
What is the rent for unit 402?
AED 300,000 a year on the contract renewed on 19 November 2023. The previous contract, from November 2022, was AED 205,000; the unit has been rented since December 2014.
How big is unit 402?
2,266 sqft (210.5 sqm): a three-bedroom apartment on the 4th floor of a 12-storey tower completed in 2009.
What is unit 402 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 402, Tiara - Aquamarine
Starts from the last sale price (AED 3.67M, 13 June 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 3,666,500
- Deposit, UAE resident (20%)
- AED 733,300
- Deposit, non-resident (40%)
- AED 1,466,600
- Monthly over 25 years at 3.7%
- AED 15,001
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →