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2-bed · 2,414 sqftTiara - Aquamarine, Palm Jumeirah · completed 2009

P02, Tiara - Aquamarine

Sold prices and rental history: sold 3 times, last in May 2018, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit P02 · DLD and Ejari recordsUpdated 3 May 2018
Last soldAED 4.1M3 May 2018
Current rentAED 275K /yr10 October 2017
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for P02, Tiara - Aquamarine

What is P02 worth today?

Last sold for AED 4,100,000 in 2018

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3 May 2018SoldReady
AED 4,100,000AED 1,698 per sqft
10 Oct 2017RentedNew contract
AED 275,000/yr12 months · AED 114 per sqft
24 Apr 2014SoldReady
AED 4,000,000AED 1,656 per sqft
5 Nov 2013RentedNew contract
AED 215,000/yr12 months · AED 89 per sqft
9 Jul 2013Sold by developerReady
AED 3,116,555AED 1,291 per sqft

Source: Dubai Land Department. Updated 3 May 2018.

Key facts

Type
2-bed apartment
Size
2,414 sqft
Parking
1446, 1445
Developer
Zabeel Investments
Completed
2009
Service charge
AED 42,000 /yr
Last sold
AED 4.1M · May 2018
Building
Tiara - Aquamarine

About P02, Tiara - Aquamarine

P02 is a two-bedroom apartment of 2,414 sqft of Tiara - Aquamarine, a 12-storey tower in Palm Jumeirah completed in 2009 by Zabeel Investments. It last sold on 3 May 2018 for AED 4,100,000, or AED 1,698 per sqft.

It has been rented since 2013 on 2 Ejari contracts. The current contract, signed on 10 October 2017, is AED 275,000 a year: a gross yield of 6.7% on the 2018 price, before the service charge of about AED 42,000 a year.

Sales and rents for P02 over time

Sales
Unit P02, 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, July 2013: AED 3,116,555 (AED 1,291 per sqft)Sold, April 2014: AED 4,000,000 (AED 1,656 per sqft)Sold, May 2018: AED 4,100,000 (AED 1,698 per sqft)

P02 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit P02, 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 2013: AED 215,000 a yearNew contract, October 2017: AED 275,000 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 P02 sits

All 29 2-beds →

P02's AED 275,000 is in the lower half 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 →

P02, Tiara - Aquamarine in numbers

  • Sold 3 times: first on 9 July 2013 for AED 3,116,555, last on 3 May 2018 for AED 4,100,000 (AED 1,698 per sqft).
  • Rented since November 2013 on 2 Ejari contracts, from AED 215,000 to AED 275,000 a year.
  • At AED 275,000 a year the gross yield on the 2018 price is 6.7%, before a service charge of about AED 42,000 a year (AED 17.41 per sqft).

Source: Dubai Land Department. Updated 3 May 2018.

Questions about P02, Tiara - Aquamarine

What did unit P02 last sell for?

AED 4,100,000 on 3 May 2018: AED 1,698 per sqft for 2,414 sqft. The unit has 3 registered sales; the first was AED 3,116,555 in July 2013.

What is the rent for unit P02?

AED 275,000 a year on the contract signed on 10 October 2017. The previous contract, from November 2013, was AED 215,000.

How big is unit P02?

2,414 sqft (224.3 sqm): a two-bedroom apartment of a 12-storey tower completed in 2009.

What is unit P02 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 P02, Tiara - Aquamarine

Starts from the last sale price (AED 4.1M, 3 May 2018). Switch to today's estimate once you have unlocked it.
Price
AED 4,100,000
Deposit, UAE resident (20%)
AED 820,000
Deposit, non-resident (40%)
AED 1,640,000
Monthly over 25 years at 3.7%
AED 16,774

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