2-bed · 2,398 sqftTiara - Aquamarine, Palm Jumeirah · completed 2009

P03, Tiara - Aquamarine

Sold prices and rental history: sold twice, last in April 2014, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit P03 · DLD and Ejari recordsUpdated 29 April 2014
Last soldAED 2M29 April 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for P03, Tiara - Aquamarine

What is P03 worth today?

Last sold for AED 2,000,000 in 2014

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29 Apr 2014SoldReady
AED 2,000,000AED 834 per sqft
9 Jul 2013Sold by developerReady
AED 3,116,555AED 1,299 per sqft

Source: Dubai Land Department. Updated 29 April 2014.

Key facts

Type
2-bed apartment
Size
2,398 sqft
Parking
1443, 1444
Developer
Zabeel Investments
Completed
2009
Service charge
AED 41,700 /yr
Last sold
AED 2M · April 2014

About P03, Tiara - Aquamarine

P03 is a two-bedroom apartment of 2,398 sqft of Tiara - Aquamarine, a 12-storey tower in Palm Jumeirah completed in 2009 by Zabeel Investments. It last sold on 29 April 2014 for AED 2,000,000, or AED 834 per sqft, 49% below the AED 1,632 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for P03 over time

Sales
Unit P03, 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 1,299 per sqft)Sold, April 2014: AED 2,000,000 (AED 834 per sqft)

P03 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit P03, 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 292,000

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 P03 sits

All 29 2-beds →

P03 last sold in April 2014 at AED 834 per sqft, 49% below what two-beds in Tiara - Aquamarine were fetching at the time (AED 1,632).

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 →

P03, Tiara - Aquamarine in numbers

  • Sold twice: first on 9 July 2013 for AED 3,116,555, last on 29 April 2014 for AED 2,000,000 (AED 834 per sqft).

Source: Dubai Land Department. Updated 29 April 2014.

Questions about P03, Tiara - Aquamarine

What did unit P03 last sell for?

AED 2,000,000 on 29 April 2014: AED 834 per sqft for 2,398 sqft. The unit has 2 registered sales; the first was AED 3,116,555 in July 2013.

How big is unit P03?

2,398 sqft (222.8 sqm): a two-bedroom apartment of a 12-storey tower completed in 2009.

What is unit P03 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 P03, Tiara - Aquamarine

Starts from the last sale price (AED 2M, 29 April 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

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