3-bed · 2,266 sqftTiara - Diamond, Palm Jumeirah · 2nd floor · completed 2009

202, Tiara - Diamond

Sold prices and rental history: sold 3 times, last in March 2022, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 202 · DLD and Ejari recordsUpdated 15 August 2022
Last soldAED 4.8M24 March 2022
Current rentAED 190K /yr15 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 202, Tiara - Diamond

What is 202 worth today?

Last sold for AED 4,800,000 in 2022

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15 Aug 2022RentedRenewal
AED 189,986/yr8 months · AED 84 per sqft
24 Mar 2022SoldReady
AED 4,800,000AED 2,118 per sqft
15 Aug 2021RentedRenewal
AED 190,000/yr12 months · AED 84 per sqft
15 Aug 2021RentedNew contract
AED 190,000/yr12 months · AED 84 per sqft
15 Aug 2020RentedNew contract
AED 180,000/yr12 months · AED 79 per sqft
10 Dec 2019RentedRenewal
AED 230,317/yr4 months · AED 101 per sqft
10 Dec 2018RentedNew contract
AED 230,000/yr12 months · AED 101 per sqft
15 Apr 2018RentedNew contract
AED 230,000/yr12 months · AED 101 per sqft

Source: Dubai Land Department. Updated 15 August 2022.

Key facts

Type
3-bed apartment
Size
2,266 sqft
Floor
2nd of 12
Parking
2413, 2412
Developer
Zabeel Investments
Completed
2009
Service charge
AED 38,400 /yr
Last sold
AED 4.8M · March 2022

About 202, Tiara - Diamond

202 is a three-bedroom apartment of 2,266 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 24 March 2022 for AED 4,800,000, or AED 2,118 per sqft, in line with the AED 2,107 three-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, renewed on 15 August 2022, is AED 189,986 a year: a gross yield of 4.0% on the 2022 price, before the service charge of about AED 38,400 a year.

Sales and rents for 202 over time

Sales
Unit 202, each saleTypical three-bed in Tiara - Diamond
4M6M8M20092013201720212025Typical sale price by year: 2009 AED 4,207,434; 2010 AED 4,600,000; 2011 AED 4,227,000; 2012 AED 3,954,050; 2013 AED 4,398,300; 2015 AED 6,200,555; 2021 AED 3,800,000; 2022 AED 5,200,000; 2023 AED 7,000,000; 2024 AED 8,100,000Sold by developer, February 2015: AED 6,200,555 (AED 2,736 per sqft)Sold, March 2015: AED 6,200,555 (AED 2,736 per sqft)Sold, March 2022: AED 4,800,000 (AED 2,118 per sqft)

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

Rents
Unit 202, each contractTypical three-bed in Tiara - Diamond
200K400K2013201720212025Typical rent by year: 2013 AED 280,000; 2014 AED 280,000; 2015 AED 289,000; 2016 AED 212,500; 2017 AED 280,000; 2018 AED 260,000; 2019 AED 247,500; 2020 AED 209,454; 2021 AED 212,500; 2022 AED 252,000; 2023 AED 297,500; 2024 AED 395,000; 2025 AED 485,000; 2026 AED 400,000New contract, October 2015: AED 335,000 a yearNew contract, April 2018: AED 230,000 a yearNew contract, December 2018: AED 230,000 a yearRenewal, December 2019: AED 230,317 a yearNew contract, August 2020: AED 180,000 a yearRenewal, August 2021: AED 190,000 a yearNew contract, August 2021: AED 190,000 a yearRenewal, August 2022: AED 189,986 a year

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

3-beds in Tiara - Diamond, and where 202 sits

All 24 3-beds →

202 last sold in March 2022 at AED 2,118 per sqft, in line with what three-beds in Tiara - Diamond were fetching at the time (AED 2,107). 202's AED 189,986 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
10 Dec 20248,000,000
9 Jan 20248,300,000
8 Jan 20248,100,000
8 Jan 20248,100,000
0 3-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 2nd floor

All 77 units in Tiara - Diamond
Value
2012-bedAED 3.45M · Nov 2012
2031-bedAED 2.25M · Dec 2012
2041-bedAED 2.14M · Jan 2012
2053-bedAED 8.88M · Aug 2022
2062-bedAED 2.75M · Jan 2012

202, Tiara - Diamond in numbers

  • Sold 3 times: first on 1 February 2015 for AED 6,200,555, last on 24 March 2022 for AED 4,800,000 (AED 2,118 per sqft).
  • Rented since October 2015 on 8 Ejari contracts, from AED 335,000 to AED 189,986 a year.
  • At AED 189,986 a year the gross yield on the 2022 price is 4.0%, before a service charge of about AED 38,400 a year (AED 16.94 per sqft).

Source: Dubai Land Department. Updated 15 August 2022.

Questions about 202, Tiara - Diamond

What did unit 202 last sell for?

AED 4,800,000 on 24 March 2022: AED 2,118 per sqft for 2,266 sqft. The unit has 3 registered sales; the first was AED 6,200,555 in February 2015.

What is the rent for unit 202?

AED 189,986 a year on the contract renewed on 15 August 2022. The previous contract, from August 2021, was AED 190,000; the unit has been rented since October 2015.

How big is unit 202?

2,266 sqft (210.5 sqm): a three-bedroom apartment on the 2nd floor of a 12-storey tower completed in 2009.

What is unit 202 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 202, Tiara - Diamond

Starts from the last sale price (AED 4.8M, 24 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 4,800,000
Deposit, UAE resident (20%)
AED 960,000
Deposit, non-resident (40%)
AED 1,920,000
Monthly over 25 years at 3.7%
AED 19,638

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