1-bed · 1,296 sqftTiara - Diamond, Palm Jumeirah · 1st floor · completed 2009

103, Tiara - Diamond

Sold prices and rental history: sold 4 times, last in April 2013, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 103 · DLD and Ejari recordsUpdated 8 October 2021
Last soldAED 2.35M30 April 2013
Current rentAED 125K /yr8 October 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 103, Tiara - Diamond

What is 103 worth today?

Last sold for AED 2,350,000 in 2013

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8 Oct 2021RentedNew contract
AED 125,000/yr12 months · AED 97 per sqft
2 Jun 2015RentedNew contract
AED 162,750/yr12 months · AED 126 per sqft
3 Jun 2014RentedNew contract
AED 155,000/yr12 months · AED 120 per sqft
30 Apr 2013SoldReady
AED 2,350,000AED 1,813 per sqft
5 Feb 2013SoldReady
AED 2,000,000AED 1,543 per sqft
3 May 2012SoldReady
AED 1,500,000AED 1,157 per sqft
23 Jan 2012Sold by developerReady
AED 1,076,686AED 830 per sqft

Source: Dubai Land Department. Updated 8 October 2021.

Key facts

Type
1-bed apartment
Size
1,296 sqft
Floor
1st of 12
Parking
2427
Developer
Zabeel Investments
Completed
2009
Service charge
AED 22,000 /yr
Last sold
AED 2.35M · April 2013

About 103, Tiara - Diamond

103 is a one-bedroom apartment of 1,296 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 30 April 2013 for AED 2,350,000, or AED 1,813 per sqft, 6% above the AED 1,717 one-beds in the building were fetching at the time.

It has been rented since 2014 on 3 Ejari contracts. The current contract, signed on 8 October 2021, is AED 125,000 a year: a gross yield of 5.3% on the 2013 price, before the service charge of about AED 22,000 a year.

Sales and rents for 103 over time

Sales
Unit 103, each saleTypical one-bed in Tiara - Diamond
2M4M2009201420192024Typical sale price by year: 2009 AED 2,274,200; 2010 AED 2,042,700; 2011 AED 2,180,349; 2012 AED 2,142,700; 2013 AED 2,350,000; 2014 AED 2,544,555; 2015 AED 2,850,000; 2024 AED 3,760,000; 2025 AED 3,900,000; 2026 AED 4,500,000Sold by developer, January 2012: AED 1,076,686 (AED 830 per sqft)Sold, May 2012: AED 1,500,000 (AED 1,157 per sqft)Sold, February 2013: AED 2,000,000 (AED 1,543 per sqft)Sold, April 2013: AED 2,350,000 (AED 1,813 per sqft)

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

Rents
Unit 103, each contractTypical one-bed in Tiara - Diamond
100K150K200K2013201720212025Typical rent by year: 2013 AED 143,750; 2014 AED 149,356; 2015 AED 165,101; 2016 AED 170,000; 2017 AED 170,000; 2018 AED 147,500; 2019 AED 135,000; 2020 AED 115,000; 2021 AED 126,100; 2022 AED 133,500; 2023 AED 175,000; 2024 AED 195,000; 2025 AED 200,000; 2026 AED 210,000New contract, June 2014: AED 155,000 a yearNew contract, June 2015: AED 162,750 a yearNew contract, October 2021: AED 125,000 a year

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

1-beds in Tiara - Diamond, and where 103 sits

All 32 1-beds →

103 last sold in April 2013 at AED 1,813 per sqft, 6% above what one-beds in Tiara - Diamond were fetching at the time (AED 1,717). Over the last 12 months one-beds sold for AED 4,200,000 to 5,325,000, around AED 3,434 per sqft, and rent for AED 190,000 to 270,000 a year. 103's AED 125,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
23 Sep 20264,500,000
22 May 20264,400,000
4 May 20265,325,000
16 Dec 20254,200,000
4 1-bed sales 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
1012-bedAED 3.16M · Dec 2011
1023-bedAED 1.8M · Aug 2011
1041-bedAED 2.52M · Jul 2013
1053-bedAED 5M · Dec 2011
1062-bedAED 4.23M · Jun 2015

103, Tiara - Diamond in numbers

  • Sold 4 times: first on 23 January 2012 for AED 1,076,686, last on 30 April 2013 for AED 2,350,000 (AED 1,813 per sqft).
  • Rented since June 2014 on 3 Ejari contracts, from AED 155,000 to AED 125,000 a year.
  • At AED 125,000 a year the gross yield on the 2013 price is 5.3%, before a service charge of about AED 22,000 a year (AED 16.94 per sqft).
  • One-beds in Tiara - Diamond sold for AED 4,200,000–5,325,000 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 8 October 2021.

Questions about 103, Tiara - Diamond

What did unit 103 last sell for?

AED 2,350,000 on 30 April 2013: AED 1,813 per sqft for 1,296 sqft. The unit has 4 registered sales; the first was AED 1,076,686 in January 2012.

What is the rent for unit 103?

AED 125,000 a year on the contract signed on 8 October 2021. The previous contract, from June 2015, was AED 162,750; the unit has been rented since June 2014.

How big is unit 103?

1,296 sqft (120.4 sqm): a one-bedroom apartment on the 1st floor of a 12-storey tower completed in 2009.

What is unit 103 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Tiara - Diamond sold for AED 4,200,000 to 5,325,000 in the last 12 months, around AED 3,434 per sqft.

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Mortgage on 103, Tiara - Diamond

Starts from the last sale price (AED 2.35M, 30 April 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,350,000
Deposit, UAE resident (20%)
AED 470,000
Deposit, non-resident (40%)
AED 940,000
Monthly over 25 years at 3.7%
AED 9,615

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