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

206, Tiara - Diamond

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

Unit 206 · DLD and Ejari recordsUpdated 10 September 2019
Last soldAED 2.75M19 January 2012
Current rentAED 180K /yr10 September 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 206, Tiara - Diamond

What is 206 worth today?

Last sold for AED 2,750,400 in 2012

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

10 Sep 2019RentedNew contract
AED 180,000/yr12 months · AED 107 per sqft
1 Sep 2018RentedRenewal
AED 205,001/yr8 months · AED 122 per sqft
1 Sep 2017RentedNew contract
AED 205,000/yr12 months · AED 122 per sqft
10 Jul 2016RentedNew contract
AED 235,000/yr12 months · AED 140 per sqft
10 Apr 2015RentedNew contract
AED 245,000/yr12 months · AED 146 per sqft
19 Jan 2012SoldReady
AED 2,750,400AED 1,640 per sqft
2 Mar 2009Sold by developerOff-plan
AED 2,750,400AED 1,640 per sqft

Source: Dubai Land Department. Updated 10 September 2019.

Key facts

Type
2-bed apartment
Size
1,677 sqft
Floor
2nd of 12
Parking
1407
Developer
Zabeel Investments
Completed
2009
Service charge
AED 28,400 /yr
Last sold
AED 2.75M · January 2012

About 206, Tiara - Diamond

206 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 19 January 2012 for AED 2,750,400, or AED 1,640 per sqft, 8% below the AED 1,785 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, signed on 10 September 2019, is AED 180,000 a year: a gross yield of 6.5% on the 2012 price, before the service charge of about AED 28,400 a year.

Sales and rents for 206 over time

Sales
Unit 206, each saleTypical two-bed in Tiara - Diamond
4M6M2009201420192024Typical 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 2012: AED 2,750,400 (AED 1,640 per sqft)

206 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 206, 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, April 2015: AED 245,000 a yearNew contract, July 2016: AED 235,000 a yearNew contract, September 2017: AED 205,000 a yearRenewal, September 2018: AED 205,001 a yearNew contract, September 2019: AED 180,000 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 206 sits

All 30 2-beds →

206 last sold in January 2012 at AED 1,640 per sqft, 8% below what two-beds in Tiara - Diamond were fetching at the time (AED 1,785). 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. 206's AED 180,000 is at the bottom 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
2012-bedAED 3.45M · Nov 2012
2023-bedAED 4.8M · Mar 2022
2031-bedAED 2.25M · Dec 2012
2041-bedAED 2.14M · Jan 2012
2053-bedAED 8.88M · Aug 2022

206, Tiara - Diamond in numbers

  • Sold twice: first on 2 March 2009 for AED 2,750,400, last on 19 January 2012 for AED 2,750,400 (AED 1,640 per sqft).
  • Rented since April 2015 on 5 Ejari contracts, from AED 245,000 to AED 180,000 a year.
  • At AED 180,000 a year the gross yield on the 2012 price is 6.5%, 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 10 September 2019.

Questions about 206, Tiara - Diamond

What did unit 206 last sell for?

AED 2,750,400 on 19 January 2012: AED 1,640 per sqft for 1,677 sqft. The unit has 2 registered sales; the first was AED 2,750,400 in March 2009.

What is the rent for unit 206?

AED 180,000 a year on the contract signed on 10 September 2019. The previous contract, from September 2018, was AED 205,001; the unit has been rented since April 2015.

How big is unit 206?

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 206 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.

Selling 206? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 206, Tiara - Diamond

Starts from the last sale price (AED 2.75M, 19 January 2012). Switch to today's estimate once you have unlocked it.
Price
AED 2,750,400
Deposit, UAE resident (20%)
AED 550,080
Deposit, non-resident (40%)
AED 1,100,160
Monthly over 25 years at 3.7%
AED 11,253

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