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

302, Tiara - Diamond

Sold prices and rental history: sold 3 times, last in February 2021, and rented once, from August 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 302 · DLD and Ejari recordsUpdated 18 February 2021
Last soldAED 3.8M18 February 2021
Current rentAED 200K /yr1 August 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 302, Tiara - Diamond

What is 302 worth today?

Last sold for AED 3,800,000 in 2021

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18 Feb 2021SoldReady
AED 3,800,000AED 1,676 per sqft
1 Aug 2020RentedNew contract
AED 200,000/yr12 months · AED 88 per sqft
22 Jan 2020SoldReady
AED 2,900,000AED 1,279 per sqft
12 Feb 2014Sold by developerReady
AED 6,495,555AED 2,866 per sqft

Source: Dubai Land Department. Updated 18 February 2021.

Key facts

Type
3-bed apartment
Size
2,266 sqft
Floor
3rd of 12
Parking
2415, 2414
Developer
Zabeel Investments
Completed
2009
Service charge
AED 38,400 /yr
Last sold
AED 3.8M · February 2021
Building
Tiara - Diamond

About 302, Tiara - Diamond

302 is a three-bedroom apartment of 2,266 sqft on the 3rd floor of Tiara - Diamond, a 12-storey tower in Palm Jumeirah completed in 2009 by Zabeel Investments. It last sold on 18 February 2021 for AED 3,800,000, or AED 1,676 per sqft.

One Ejari contract is registered, from 1 August 2020. The current contract, signed on 1 August 2020, is AED 200,000 a year: a gross yield of 5.3% on the 2021 price, before the service charge of about AED 38,400 a year.

Sales and rents for 302 over time

Sales
Unit 302, each saleTypical three-bed in Tiara - Diamond
2.5M5M7.5M20092013201720212025Typical 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, February 2014: AED 6,495,555 (AED 2,866 per sqft)Sold, January 2020: AED 2,900,000 (AED 1,279 per sqft)Sold, February 2021: AED 3,800,000 (AED 1,676 per sqft)

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

Rents
Unit 302, 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, August 2020: AED 200,000 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 302 sits

All 24 3-beds →

302's AED 200,000 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 3rd floor

All 77 units in Tiara - Diamond
Value
3012-bedAED 3.23M · Jun 2011
3031-bedAED 2.17M · May 2014
3041-bedAED 2.95M · Jan 2015
3053-bedAED 6.5M · Sep 2012
3062-bedAED 2.75M · Jun 2009

302, Tiara - Diamond in numbers

  • Sold 3 times: first on 12 February 2014 for AED 6,495,555, last on 18 February 2021 for AED 3,800,000 (AED 1,676 per sqft).
  • Rented since August 2020 on one Ejari contract, at AED 200,000 a year.
  • At AED 200,000 a year the gross yield on the 2021 price is 5.3%, before a service charge of about AED 38,400 a year (AED 16.94 per sqft).

Source: Dubai Land Department. Updated 18 February 2021.

Questions about 302, Tiara - Diamond

What did unit 302 last sell for?

AED 3,800,000 on 18 February 2021: AED 1,676 per sqft for 2,266 sqft. The unit has 3 registered sales; the first was AED 6,495,555 in February 2014.

What is the rent for unit 302?

AED 200,000 a year on the contract signed on 1 August 2020.

How big is unit 302?

2,266 sqft (210.5 sqm): a three-bedroom apartment on the 3rd floor of a 12-storey tower completed in 2009.

What is unit 302 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 302, Tiara - Diamond

Starts from the last sale price (AED 3.8M, 18 February 2021). Switch to today's estimate once you have unlocked it.
Price
AED 3,800,000
Deposit, UAE resident (20%)
AED 760,000
Deposit, non-resident (40%)
AED 1,520,000
Monthly over 25 years at 3.7%
AED 15,547

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