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3-bed · 2,392 sqftTiara - Diamond, Palm Jumeirah · 2nd floor · completed 2009

205, Tiara - Diamond

Sold prices and rental history: sold 3 times, last in August 2022, and rented once, from January 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 205 · DLD and Ejari recordsUpdated 2 August 2022
Last soldAED 8.88M2 August 2022
Current rentAED 300K /yr15 January 2013
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 205, Tiara - Diamond

What is 205 worth today?

Last sold for AED 8,880,000 in 2022

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2 Aug 2022SoldReady
AED 8,880,000AED 3,712 per sqft
15 Jan 2013RentedNew contract
AED 300,000/yr24 months · AED 126 per sqft
19 Jan 2012SoldReady
AED 3,808,100AED 1,592 per sqft
2 Mar 2009Sold by developerOff-plan
AED 3,808,100AED 1,592 per sqft

Source: Dubai Land Department. Updated 2 August 2022.

Key facts

Type
3-bed apartment
Size
2,392 sqft
Floor
2nd of 12
Parking
1401, 1402
Developer
Zabeel Investments
Completed
2009
Service charge
AED 40,500 /yr
Last sold
AED 8.88M · August 2022
Building
Tiara - Diamond

About 205, Tiara - Diamond

205 is a three-bedroom apartment of 2,392 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 2 August 2022 for AED 8,880,000, or AED 3,712 per sqft, 65% above the AED 2,250 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 15 January 2013. The current contract, signed on 15 January 2013, is AED 300,000 a year: a gross yield of 3.4% on the 2022 price, before the service charge of about AED 40,500 a year.

Sales and rents for 205 over time

Sales
Unit 205, each saleTypical three-bed in Tiara - Diamond
5M7.5M20092013201720212025Typical 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, March 2009: AED 3,808,100 (AED 1,592 per sqft)Sold, January 2012: AED 3,808,100 (AED 1,592 per sqft)Sold, August 2022: AED 8,880,000 (AED 3,712 per sqft)

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

Rents
Unit 205, 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, January 2013: AED 300,000 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 205 sits

All 24 3-beds →

205 last sold in August 2022 at AED 3,712 per sqft, 65% above what three-beds in Tiara - Diamond were fetching at the time (AED 2,250). 205's AED 300,000 is in the lower half 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
2023-bedAED 4.8M · Mar 2022
2031-bedAED 2.25M · Dec 2012
2041-bedAED 2.14M · Jan 2012
2062-bedAED 2.75M · Jan 2012

205, Tiara - Diamond in numbers

  • Sold 3 times: first on 2 March 2009 for AED 3,808,100, last on 2 August 2022 for AED 8,880,000 (AED 3,712 per sqft).
  • Rented since January 2013 on one Ejari contract, at AED 300,000 a year.
  • At AED 300,000 a year the gross yield on the 2022 price is 3.4%, before a service charge of about AED 40,500 a year (AED 16.94 per sqft).

Source: Dubai Land Department. Updated 2 August 2022.

Questions about 205, Tiara - Diamond

What did unit 205 last sell for?

AED 8,880,000 on 2 August 2022: AED 3,712 per sqft for 2,392 sqft. The unit has 3 registered sales; the first was AED 3,808,100 in March 2009.

What is the rent for unit 205?

AED 300,000 a year on the contract signed on 15 January 2013.

How big is unit 205?

2,392 sqft (222.2 sqm): a three-bedroom apartment on the 2nd floor of a 12-storey tower completed in 2009.

What is unit 205 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 205, Tiara - Diamond

Starts from the last sale price (AED 8.88M, 2 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 8,880,000
Deposit, UAE resident (20%)
AED 1,776,000
Deposit, non-resident (40%)
AED 3,552,000
Monthly over 25 years at 3.7%
AED 36,331

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