1-bed · 1,296 sqftTiara - Diamond, Palm Jumeirah · 3rd floor · completed 2009

303, Tiara - Diamond

Sold prices and rental history: sold twice, last in May 2014, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 303 · DLD and Ejari recordsUpdated 4 December 2021
Last soldAED 2.17M11 May 2014
Current rentAED 120K /yr4 December 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 303, Tiara - Diamond

What is 303 worth today?

Last sold for AED 2,167,400 in 2014

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4 Dec 2021RentedRenewal
AED 120,000/yr12 months · AED 93 per sqft
4 Dec 2020RentedNew contract
AED 115,000/yr12 months · AED 89 per sqft
12 Jul 2019RentedNew contract
AED 130,000/yr12 months · AED 101 per sqft
11 May 2014SoldReady
AED 2,167,400AED 1,672 per sqft
3 Mar 2009Sold by developerOff-plan
AED 2,167,400AED 1,672 per sqft

Source: Dubai Land Department. Updated 4 December 2021.

Key facts

Type
1-bed apartment
Size
1,296 sqft
Floor
3rd of 12
Parking
2459
Developer
Zabeel Investments
Completed
2009
Service charge
AED 22,000 /yr
Last sold
AED 2.17M · May 2014

About 303, Tiara - Diamond

303 is a one-bedroom apartment of 1,296 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 11 May 2014 for AED 2,167,400, or AED 1,672 per sqft, in line with the AED 1,672 one-beds in the building were fetching at the time.

It has been rented since 2019 on 3 Ejari contracts. The current contract, renewed on 4 December 2021, is AED 120,000 a year: a gross yield of 5.5% on the 2014 price, before the service charge of about AED 22,000 a year.

Sales and rents for 303 over time

Sales
Unit 303, 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 2,167,400 (AED 1,672 per sqft)Sold, May 2014: AED 2,167,400 (AED 1,672 per sqft)

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

Rents
Unit 303, 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 2019: AED 130,000 a yearNew contract, December 2020: AED 115,000 a yearRenewal, December 2021: AED 120,000 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 303 sits

All 32 1-beds →

303 last sold in May 2014 at AED 1,672 per sqft, in line with what one-beds in Tiara - Diamond were fetching at the time (AED 1,672). 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. 303's AED 120,000 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 3rd floor

All 77 units in Tiara - Diamond
Value
3012-bedAED 3.23M · Jun 2011
3023-bedAED 3.8M · Feb 2021
3041-bedAED 2.95M · Jan 2015
3053-bedAED 6.5M · Sep 2012
3062-bedAED 2.75M · Jun 2009

303, Tiara - Diamond in numbers

  • Sold twice: first on 3 March 2009 for AED 2,167,400, last on 11 May 2014 for AED 2,167,400 (AED 1,672 per sqft).
  • Rented since July 2019 on 3 Ejari contracts, from AED 130,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2014 price is 5.5%, 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 4 December 2021.

Questions about 303, Tiara - Diamond

What did unit 303 last sell for?

AED 2,167,400 on 11 May 2014: AED 1,672 per sqft for 1,296 sqft. The unit has 2 registered sales; the first was AED 2,167,400 in March 2009.

What is the rent for unit 303?

AED 120,000 a year on the contract renewed on 4 December 2021. The previous contract, from December 2020, was AED 115,000; the unit has been rented since July 2019.

How big is unit 303?

1,296 sqft (120.4 sqm): a one-bedroom apartment on the 3rd floor of a 12-storey tower completed in 2009.

What is unit 303 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 303, Tiara - Diamond

Starts from the last sale price (AED 2.17M, 11 May 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,167,400
Deposit, UAE resident (20%)
AED 433,480
Deposit, non-resident (40%)
AED 866,960
Monthly over 25 years at 3.7%
AED 8,868

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