2-bed · 1,677 sqftTiara - Aquamarine, Palm Jumeirah · 7th floor · completed 2009

706, Tiara - Aquamarine

Sold prices and rental history: sold 4 times, last in May 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 706 · DLD and Ejari recordsUpdated 1 May 2024
Last soldAED 5.7M1 May 2024
Current rentAED 210K /yr15 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 706, Tiara - Aquamarine

What is 706 worth today?

Last sold for AED 5,700,000 in 2024

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1 May 2024SoldReady
AED 5,700,000AED 3,398 per sqft
15 Jun 2023RentedRenewal
AED 210,000/yr12 months · AED 125 per sqft
15 Jun 2022RentedNew contract
AED 210,000/yr12 months · AED 125 per sqft
10 Oct 2021RentedNew contract
AED 190,000/yr12 months · AED 113 per sqft
1 Oct 2019RentedNew contract
AED 170,000/yr12 months · AED 101 per sqft
29 Nov 2014RentedNew contract
AED 230,000/yr12 months · AED 137 per sqft
23 Dec 2010SoldReady
AED 2,641,194AED 1,574 per sqft
29 Jun 2009Sold by developerOff-plan
AED 2,641,194AED 1,574 per sqft

Source: Dubai Land Department. Updated 1 May 2024.

Key facts

Type
2-bed apartment
Size
1,677 sqft
Floor
7th of 12
Parking
2331
Developer
Zabeel Investments
Completed
2009
Service charge
AED 29,200 /yr
Last sold
AED 5.7M · May 2024

About 706, Tiara - Aquamarine

706 is a two-bedroom apartment of 1,677 sqft on the 7th floor of Tiara - Aquamarine, a 12-storey tower in Palm Jumeirah completed in 2009 by Zabeel Investments. It last sold on 1 May 2024 for AED 5,700,000, or AED 3,398 per sqft, 28% above the AED 2,665 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, renewed on 15 June 2023, is AED 210,000 a year: a gross yield of 3.7% on the 2024 price, before the service charge of about AED 29,200 a year.

Sales and rents for 706 over time

Sales
Unit 706, 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, June 2009: AED 2,641,194 (AED 1,574 per sqft)Sold, June 2009: AED 2,641,194 (AED 1,574 per sqft)Sold, December 2010: AED 2,641,194 (AED 1,574 per sqft)Sold, May 2024: AED 5,700,000 (AED 3,398 per sqft)

706 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 706, 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, November 2014: AED 230,000 a yearNew contract, October 2019: AED 170,000 a yearNew contract, October 2021: AED 190,000 a yearNew contract, June 2022: AED 210,000 a yearRenewal, June 2023: AED 210,000 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 706 sits

All 29 2-beds →

706 last sold in May 2024 at AED 3,398 per sqft, 28% above what two-beds in Tiara - Aquamarine were fetching at the time (AED 2,665). 706's AED 210,000 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 7th floor

All 76 units in Tiara - Aquamarine
Value
7012-bedAED 3.2M · Dec 2012
7023-bedAED 3.6M · Apr 2011
7031-bedAED 1.9M · Feb 2021
7041-bedAED 5.1M · Nov 2025
7053-bedAED 5.95M · Dec 2022

706, Tiara - Aquamarine in numbers

  • Sold 4 times: first on 29 June 2009 for AED 2,641,194, last on 1 May 2024 for AED 5,700,000 (AED 3,398 per sqft).
  • Rented since November 2014 on 5 Ejari contracts. The rent fell from AED 230,000 to AED 170,000 in 2019 and recovered to AED 210,000 by June 2023.
  • At AED 210,000 a year the gross yield on the 2024 price is 3.7%, before a service charge of about AED 29,200 a year (AED 17.41 per sqft).

Source: Dubai Land Department. Updated 1 May 2024.

Questions about 706, Tiara - Aquamarine

What did unit 706 last sell for?

AED 5,700,000 on 1 May 2024: AED 3,398 per sqft for 1,677 sqft. The unit has 4 registered sales; the first was AED 2,641,194 in June 2009.

What is the rent for unit 706?

AED 210,000 a year on the contract renewed on 15 June 2023. The previous contract, from June 2022, was AED 210,000; the unit has been rented since November 2014.

How big is unit 706?

1,677 sqft (155.8 sqm): a two-bedroom apartment on the 7th floor of a 12-storey tower completed in 2009.

What is unit 706 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 706, Tiara - Aquamarine

Starts from the last sale price (AED 5.7M, 1 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 5,700,000
Deposit, UAE resident (20%)
AED 1,140,000
Deposit, non-resident (40%)
AED 2,280,000
Monthly over 25 years at 3.7%
AED 23,320

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