1-bed · 1,296 sqftTiara - Diamond, Palm Jumeirah · 2nd floor · completed 2009

203, Tiara - Diamond

Sold prices and rental history: sold 4 times, last in December 2012, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 203 · DLD and Ejari recordsUpdated 20 March 2022
Last soldAED 2.25M9 December 2012
Current rentAED 135K /yr20 March 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 203, Tiara - Diamond

What is 203 worth today?

Last sold for AED 2,250,000 in 2012

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20 Mar 2022RentedRenewal
AED 135,000/yr6 months · AED 105 per sqft
20 Mar 2021RentedRenewal
AED 135,000/yr12 months · AED 105 per sqft
20 Mar 2020RentedRenewal
AED 142,000/yr12 months · AED 110 per sqft
20 Mar 2019RentedNew contract
AED 155,000/yr12 months · AED 120 per sqft
17 Sep 2017RentedNew contract
AED 160,000/yr12 months · AED 124 per sqft
6 Jul 2015RentedNew contract
AED 190,000/yr12 months · AED 147 per sqft
9 Dec 2012SoldReady
AED 2,250,000AED 1,736 per sqft
2 Nov 2010SoldReady
AED 2,135,400AED 1,647 per sqft

Source: Dubai Land Department. Updated 20 March 2022.

Key facts

Type
1-bed apartment
Size
1,296 sqft
Floor
2nd of 12
Parking
2461
Developer
Zabeel Investments
Completed
2009
Service charge
AED 22,000 /yr
Last sold
AED 2.25M · December 2012

About 203, Tiara - Diamond

203 is a one-bedroom apartment of 1,296 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 9 December 2012 for AED 2,250,000, or AED 1,736 per sqft, 5% above the AED 1,658 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, renewed on 20 March 2022, is AED 135,000 a year: a gross yield of 6.0% on the 2012 price, before the service charge of about AED 22,000 a year.

Sales and rents for 203 over time

Sales
Unit 203, 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, March 2009: AED 1,067,700 (AED 823 per sqft)Sold, November 2010: AED 2,135,400 (AED 1,647 per sqft)Sold, November 2010: AED 1,950,000 (AED 1,504 per sqft)Sold, December 2012: AED 2,250,000 (AED 1,736 per sqft)

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

Rents
Unit 203, 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, July 2015: AED 190,000 a yearNew contract, September 2017: AED 160,000 a yearNew contract, March 2019: AED 155,000 a yearRenewal, March 2020: AED 142,000 a yearRenewal, March 2021: AED 135,000 a yearRenewal, March 2022: AED 135,000 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 203 sits

All 32 1-beds →

203 last sold in December 2012 at AED 1,736 per sqft, 5% above what one-beds in Tiara - Diamond were fetching at the time (AED 1,658). 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. 203's AED 135,000 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 2nd floor

All 77 units in Tiara - Diamond
Value
2012-bedAED 3.45M · Nov 2012
2023-bedAED 4.8M · Mar 2022
2041-bedAED 2.14M · Jan 2012
2053-bedAED 8.88M · Aug 2022
2062-bedAED 2.75M · Jan 2012

203, Tiara - Diamond in numbers

  • Sold 4 times: first on 26 March 2009 for AED 1,067,700, last on 9 December 2012 for AED 2,250,000 (AED 1,736 per sqft).
  • Rented since July 2015 on 6 Ejari contracts, from AED 190,000 to AED 135,000 a year.
  • At AED 135,000 a year the gross yield on the 2012 price is 6.0%, 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 20 March 2022.

Questions about 203, Tiara - Diamond

What did unit 203 last sell for?

AED 2,250,000 on 9 December 2012: AED 1,736 per sqft for 1,296 sqft. The unit has 4 registered sales; the first was AED 1,067,700 in March 2009.

What is the rent for unit 203?

AED 135,000 a year on the contract renewed on 20 March 2022. The previous contract, from March 2021, was AED 135,000; the unit has been rented since July 2015.

How big is unit 203?

1,296 sqft (120.4 sqm): a one-bedroom apartment on the 2nd floor of a 12-storey tower completed in 2009.

What is unit 203 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 203, Tiara - Diamond

Starts from the last sale price (AED 2.25M, 9 December 2012). Switch to today's estimate once you have unlocked it.
Price
AED 2,250,000
Deposit, UAE resident (20%)
AED 450,000
Deposit, non-resident (40%)
AED 900,000
Monthly over 25 years at 3.7%
AED 9,205

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