2-bed · 1,677 sqftTiara - Diamond, Palm Jumeirah · 1st floor · completed 2009

101, Tiara - Diamond

Sold prices and rental history: sold twice, last in December 2011, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 101 · DLD and Ejari recordsUpdated 25 December 2011
Last soldAED 3.16M25 December 2011
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 101, Tiara - Diamond

What is 101 worth today?

Last sold for AED 3,162,960 in 2011

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25 Dec 2011SoldReady
AED 3,162,960AED 1,886 per sqft
25 Mar 2009Sold by developerOff-plan
AED 3,162,960AED 1,886 per sqft

Source: Dubai Land Department. Updated 25 December 2011.

Key facts

Type
2-bed apartment
Size
1,677 sqft
Floor
1st of 12
Parking
2554, 2553
Developer
Zabeel Investments
Completed
2009
Service charge
AED 28,400 /yr
Last sold
AED 3.16M · December 2011

About 101, Tiara - Diamond

101 is a two-bedroom apartment of 1,677 sqft on the 1st floor of Tiara - Diamond, a 12-storey tower in Palm Jumeirah completed in 2009 by Zabeel Investments. It last sold on 25 December 2011 for AED 3,162,960, or AED 1,886 per sqft, 6% above the AED 1,785 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 101 over time

Sales
Unit 101, each saleTypical two-bed in Tiara - Diamond
4M6M2009201420192024Typical sale price by year: 2009 AED 3,114,800; 2011 AED 2,993,906; 2012 AED 2,987,500; 2013 AED 3,500,000; 2014 AED 4,000,000; 2015 AED 4,361,555; 2019 AED 2,800,000; 2021 AED 3,650,000; 2022 AED 4,500,000; 2023 AED 4,800,000; 2025 AED 6,800,000Sold by developer, March 2009: AED 3,162,960 (AED 1,886 per sqft)Sold, December 2011: AED 3,162,960 (AED 1,886 per sqft)

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

Rents
Unit 101, each contractTypical two-bed in Tiara - Diamond
200K300K2012201620202024Typical rent by year: 2012 AED 200,000; 2013 AED 200,000; 2014 AED 215,500; 2015 AED 232,500; 2016 AED 232,500; 2017 AED 215,000; 2018 AED 200,000; 2019 AED 190,000; 2020 AED 171,000; 2021 AED 175,000; 2022 AED 202,500; 2023 AED 250,000; 2024 AED 280,000; 2025 AED 320,000; 2026 AED 260,000

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Tiara - Diamond, and where 101 sits

All 30 2-beds →

101 last sold in December 2011 at AED 1,886 per sqft, 6% above what two-beds in Tiara - Diamond were fetching at the time (AED 1,785). Over the last 12 months two-beds sold for AED 3,000,000, around AED 1,788 per sqft, and rent for AED 200,000 to 350,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
25 Jun 20263,000,000
6 Nov 20256,800,000
22 May 20256,800,000
12 Mar 20256,350,000
1 2-bed sale in the last 12 months

Tiara - Diamond

Building

77 apartments, 1-bed to 4-bed over 12 floors in Palm Jumeirah, completed in 2009 by Zabeel Investments. 5 sold in the last 12 months.

Typical price per sqft
AED 3,395
Typical sale
AED 4.4M
Typical rent
AED 268K /yr
Typical yield
4.7%
Tiara - Diamond, Palm Jumeirah: prices, sales and rents →

Other units on the 1st floor

All 77 units in Tiara - Diamond
Value
1023-bedAED 1.8M · Aug 2011
1031-bedAED 2.35M · Apr 2013
1041-bedAED 2.52M · Jul 2013
1053-bedAED 5M · Dec 2011
1062-bedAED 4.23M · Jun 2015

101, Tiara - Diamond in numbers

  • Sold twice: first on 25 March 2009 for AED 3,162,960, last on 25 December 2011 for AED 3,162,960 (AED 1,886 per sqft).
  • Two-beds in Tiara - Diamond sold for AED 3,000,000–3,000,000 in the 12 months to November 2026; the building's median across all types is AED 3,395 per sqft.

Source: Dubai Land Department. Updated 25 December 2011.

Questions about 101, Tiara - Diamond

What did unit 101 last sell for?

AED 3,162,960 on 25 December 2011: AED 1,886 per sqft for 1,677 sqft. The unit has 2 registered sales; the first was AED 3,162,960 in March 2009.

How big is unit 101?

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

What is unit 101 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Tiara - Diamond sold for AED 3,000,000 to 3,000,000 in the last 12 months, around AED 1,788 per sqft.

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Mortgage on 101, Tiara - Diamond

Starts from the last sale price (AED 3.16M, 25 December 2011). Switch to today's estimate once you have unlocked it.
Price
AED 3,162,960
Deposit, UAE resident (20%)
AED 632,592
Deposit, non-resident (40%)
AED 1,265,184
Monthly over 25 years at 3.7%
AED 12,941

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