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3-bed · 2,266 sqftTiara - Aquamarine, Palm Jumeirah · 6th floor · completed 2009

602, Tiara - Aquamarine

Sold prices and rental history: sold twice, last in April 2018, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 602 · DLD and Ejari recordsUpdated 24 April 2018
Last soldAED 4.6M24 April 2018
Current rentAED 269K /yr19 March 2016
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 602, Tiara - Aquamarine

What is 602 worth today?

Last sold for AED 4,600,000 in 2018

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24 Apr 2018SoldReady
AED 4,600,000AED 2,029 per sqft
19 Mar 2016RentedNew contract
AED 269,276/yr12 months · AED 119 per sqft
13 Nov 2014RentedNew contract
AED 310,000/yr12 months · AED 136 per sqft
12 Nov 2013RentedNew contract
AED 295,000/yr12 months · AED 130 per sqft
9 Jul 2013Sold by developerReady
AED 5,213,555AED 2,300 per sqft

Source: Dubai Land Department. Updated 24 April 2018.

Key facts

Type
3-bed apartment
Size
2,266 sqft
Floor
6th of 12
Parking
1248, 1235
Developer
Zabeel Investments
Completed
2009
Service charge
AED 39,500 /yr
Last sold
AED 4.6M · April 2018
Building
Tiara - Aquamarine

About 602, Tiara - Aquamarine

602 is a three-bedroom apartment of 2,266 sqft on the 6th floor of Tiara - Aquamarine, a 12-storey tower in Palm Jumeirah completed in 2009 by Zabeel Investments. It last sold on 24 April 2018 for AED 4,600,000, or AED 2,029 per sqft.

It has been rented since 2013 on 3 Ejari contracts. The current contract, signed on 19 March 2016, is AED 269,276 a year: a gross yield of 5.9% on the 2018 price, before the service charge of about AED 39,500 a year.

Sales and rents for 602 over time

Sales
Unit 602, 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, July 2013: AED 5,213,555 (AED 2,300 per sqft)Sold, April 2018: AED 4,600,000 (AED 2,029 per sqft)

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

Rents
Unit 602, 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, November 2013: AED 295,000 a yearNew contract, November 2014: AED 310,000 a yearNew contract, March 2016: AED 269,276 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 602 sits

All 26 3-beds →

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. 602's AED 269,276 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 6th floor

All 76 units in Tiara - Aquamarine
Value
6012-bedAED 2.78M · Nov 2011
6031-bedAED 3.2M · Jun 2024
6041-bedAED 2.75M · Oct 2022
6053-bedAED 10M · Jul 2026
6062-bedAED 4.45M · Sep 2022

602, Tiara - Aquamarine in numbers

  • Sold twice: first on 9 July 2013 for AED 5,213,555, last on 24 April 2018 for AED 4,600,000 (AED 2,029 per sqft).
  • Rented since November 2013 on 3 Ejari contracts, from AED 295,000 to AED 269,276 a year.
  • At AED 269,276 a year the gross yield on the 2018 price is 5.9%, 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 24 April 2018.

Questions about 602, Tiara - Aquamarine

What did unit 602 last sell for?

AED 4,600,000 on 24 April 2018: AED 2,029 per sqft for 2,266 sqft. The unit has 2 registered sales; the first was AED 5,213,555 in July 2013.

What is the rent for unit 602?

AED 269,276 a year on the contract signed on 19 March 2016. The previous contract, from November 2014, was AED 310,000; the unit has been rented since November 2013.

How big is unit 602?

2,266 sqft (210.5 sqm): a three-bedroom apartment on the 6th floor of a 12-storey tower completed in 2009.

What is unit 602 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 602, Tiara - Aquamarine

Starts from the last sale price (AED 4.6M, 24 April 2018). Switch to today's estimate once you have unlocked it.
Price
AED 4,600,000
Deposit, UAE resident (20%)
AED 920,000
Deposit, non-resident (40%)
AED 1,840,000
Monthly over 25 years at 3.7%
AED 18,820

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