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

201, Tiara - Diamond

Sold prices and rental history: sold 5 times, last in November 2012, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 201 · DLD and Ejari recordsUpdated 22 November 2024
Last soldAED 3.45M25 November 2012
Current rentAED 280K /yr22 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 201, Tiara - Diamond

What is 201 worth today?

Last sold for AED 3,450,000 in 2012

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22 Nov 2024RentedNew contract
AED 280,000/yr24 months · AED 167 per sqft
20 Oct 2023RentedNew contract
AED 270,000/yr12 months · AED 161 per sqft
16 Oct 2022RentedNew contract
AED 275,000/yr12 months · AED 164 per sqft
15 Oct 2021RentedNew contract
AED 230,000/yr12 months · AED 137 per sqft
1 Jul 2020RentedRenewal
AED 200,000/yr14 months · AED 119 per sqft
1 Jul 2019RentedRenewal
AED 195,000/yr12 months · AED 116 per sqft
1 Jul 2018RentedNew contract
AED 195,000/yr12 months · AED 116 per sqft
2 Feb 2018RentedNew contract
AED 250,000/yr12 months · AED 149 per sqft

Source: Dubai Land Department. Updated 22 November 2024.

Key facts

Type
2-bed apartment
Size
1,677 sqft
Floor
2nd of 12
Parking
1405
Developer
Zabeel Investments
Completed
2009
Service charge
AED 28,400 /yr
Last sold
AED 3.45M · November 2012

About 201, Tiara - Diamond

201 is a two-bedroom apartment of 1,677 sqft on the 2nd floor of Tiara - Diamond, a 12-storey tower in Palm Jumeirah completed in 2009 by Zabeel Investments. It last sold on 25 November 2012 for AED 3,450,000, or AED 2,057 per sqft, 15% above the AED 1,781 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 13 Ejari contracts. The current contract, signed on 22 November 2024, is AED 280,000 a year: a gross yield of 8.1% on the 2012 price, before the service charge of about AED 28,400 a year.

Sales and rents for 201 over time

Sales
Unit 201, each saleTypical two-bed in Tiara - Diamond
2.5M5M7.5M2009201420192024Typical 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 2,750,400 (AED 1,640 per sqft)Sold, January 2011: AED 2,750,400 (AED 1,640 per sqft)Sold, July 2011: AED 2,000,000 (AED 1,192 per sqft)Sold, October 2012: AED 2,975,000 (AED 1,773 per sqft)Sold, November 2012: AED 3,450,000 (AED 2,057 per sqft)

201 has sold 5 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 201, 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 260,000New contract, January 2013: AED 205,000 a yearNew contract, February 2014: AED 225,000 a yearNew contract, February 2015: AED 225,000 a yearNew contract, February 2016: AED 247,500 a yearRenewal, February 2017: AED 240,000 a yearNew contract, February 2018: AED 250,000 a yearNew contract, July 2018: AED 195,000 a yearRenewal, July 2019: AED 195,000 a yearRenewal, July 2020: AED 200,000 a yearNew contract, October 2021: AED 230,000 a yearNew contract, October 2022: AED 275,000 a yearNew contract, October 2023: AED 270,000 a yearNew contract, November 2024: AED 280,000 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 - Diamond, and where 201 sits

All 30 2-beds →

201 last sold in November 2012 at AED 2,057 per sqft, 15% above what two-beds in Tiara - Diamond were fetching at the time (AED 1,781). 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. 201's AED 280,000 is in the upper half of that range.

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 2nd floor

All 77 units in Tiara - Diamond
Value
2023-bedAED 4.8M · Mar 2022
2031-bedAED 2.25M · Dec 2012
2041-bedAED 2.14M · Jan 2012
2053-bedAED 8.88M · Aug 2022
2062-bedAED 2.75M · Jan 2012

201, Tiara - Diamond in numbers

  • Sold 5 times: first on 25 March 2009 for AED 2,750,400, last on 25 November 2012 for AED 3,450,000 (AED 2,057 per sqft).
  • Rented since January 2013 on 13 Ejari contracts, from AED 205,000 to AED 280,000 a year.
  • At AED 280,000 a year the gross yield on the 2012 price is 8.1%, before a service charge of about AED 28,400 a year (AED 16.94 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 22 November 2024.

Questions about 201, Tiara - Diamond

What did unit 201 last sell for?

AED 3,450,000 on 25 November 2012: AED 2,057 per sqft for 1,677 sqft. The unit has 5 registered sales; the first was AED 2,750,400 in March 2009.

What is the rent for unit 201?

AED 280,000 a year on the contract signed on 22 November 2024. The previous contract, from October 2023, was AED 270,000; the unit has been rented since January 2013.

How big is unit 201?

1,677 sqft (155.8 sqm): a two-bedroom apartment on the 2nd floor of a 12-storey tower completed in 2009.

What is unit 201 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 201, Tiara - Diamond

Starts from the last sale price (AED 3.45M, 25 November 2012). Switch to today's estimate once you have unlocked it.
Price
AED 3,450,000
Deposit, UAE resident (20%)
AED 690,000
Deposit, non-resident (40%)
AED 1,380,000
Monthly over 25 years at 3.7%
AED 14,115

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