2-bed · 1,677 sqftTiara - Diamond, Palm Jumeirah · 4th floor · completed 2009

401, Tiara - Diamond

Sold prices and rental history: sold 5 times, last in September 2019, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 401 · DLD and Ejari recordsUpdated 20 February 2024
Last soldAED 2.8M2 September 2019
Current rentAED 100K /yr20 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 401, Tiara - Diamond

What is 401 worth today?

Last sold for AED 2,800,000 in 2019

Unlock today's estimate, updated daily, with

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

20 Feb 2024RentedNew contract
AED 100,000/yr12 months · AED 60 per sqft
2 Sep 2019SoldReady
AED 2,800,000AED 1,669 per sqft
1 Jul 2019RentedNew contract
AED 145,000/yr12 months · AED 86 per sqft
25 Feb 2019RentedRenewal
AED 210,000/yr12 months · AED 125 per sqft
25 Feb 2018RentedRenewal
AED 220,000/yr12 months · AED 131 per sqft
25 Feb 2017RentedNew contract
AED 230,000/yr12 months · AED 137 per sqft
15 Feb 2016RentedRenewal
AED 235,000/yr12 months · AED 140 per sqft
15 Feb 2016RentedNew contract
AED 225,000/yr12 months · AED 134 per sqft

Source: Dubai Land Department. Updated 20 February 2024.

Key facts

Type
2-bed apartment
Size
1,677 sqft
Floor
4th of 12
Parking
2247
Developer
Zabeel Investments
Completed
2009
Service charge
AED 28,400 /yr
Last sold
AED 2.8M · September 2019

About 401, Tiara - Diamond

401 is a two-bedroom apartment of 1,677 sqft on the 4th floor of Tiara - Diamond, a 12-storey tower in Palm Jumeirah completed in 2009 by Zabeel Investments. It last sold on 2 September 2019 for AED 2,800,000, or AED 1,669 per sqft, in line with the AED 1,669 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 10 Ejari contracts. The current contract, signed on 20 February 2024, is AED 100,000 a year: a gross yield of 3.6% on the 2019 price, before the service charge of about AED 28,400 a year.

Sales and rents for 401 over time

Sales
Unit 401, each saleTypical two-bed in Tiara - Diamond
2M4M6M2009201420192024Typical 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, July 2009: AED 2,581,150 (AED 1,539 per sqft)Sold, July 2009: AED 2,581,150 (AED 1,539 per sqft)Sold, October 2011: AED 2,581,150 (AED 1,539 per sqft)Sold, June 2012: AED 3,300,000 (AED 1,967 per sqft)Sold, September 2019: AED 2,800,000 (AED 1,669 per sqft)

401 has sold 5 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 401, each contractTypical two-bed in Tiara - Diamond
100K200K300K2012201620202024Typical 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, November 2012: AED 200,000 a yearRenewal, November 2013: AED 200,000 a yearNew contract, February 2015: AED 235,000 a yearRenewal, February 2016: AED 235,000 a yearNew contract, February 2016: AED 225,000 a yearNew contract, February 2017: AED 230,000 a yearRenewal, February 2018: AED 220,000 a yearRenewal, February 2019: AED 210,000 a yearNew contract, July 2019: AED 145,000 a yearNew contract, February 2024: AED 100,000 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 401 sits

All 30 2-beds →

401 last sold in September 2019 at AED 1,669 per sqft, in line with what two-beds in Tiara - Diamond were fetching at the time (AED 1,669). 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. 401's AED 100,000 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 4th floor

All 77 units in Tiara - Diamond
Value
4023-bedAED 6.85M · Jul 2023
4031-bedAED 4.4M · May 2026
4041-bedAED 3.05M · Apr 2014
4053-bedAED 8.1M · Jan 2024
4062-bedAED 6.8M · May 2025

401, Tiara - Diamond in numbers

  • Sold 5 times: first on 27 July 2009 for AED 2,581,150, last on 2 September 2019 for AED 2,800,000 (AED 1,669 per sqft).
  • Rented since November 2012 on 10 Ejari contracts, from AED 200,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2019 price is 3.6%, 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 20 February 2024.

Questions about 401, Tiara - Diamond

What did unit 401 last sell for?

AED 2,800,000 on 2 September 2019: AED 1,669 per sqft for 1,677 sqft. The unit has 5 registered sales; the first was AED 2,581,150 in July 2009.

What is the rent for unit 401?

AED 100,000 a year on the contract signed on 20 February 2024. The previous contract, from July 2019, was AED 145,000; the unit has been rented since November 2012.

How big is unit 401?

1,677 sqft (155.8 sqm): a two-bedroom apartment on the 4th floor of a 12-storey tower completed in 2009.

What is unit 401 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 401? 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 401, Tiara - Diamond

Starts from the last sale price (AED 2.8M, 2 September 2019). Switch to today's estimate once you have unlocked it.
Price
AED 2,800,000
Deposit, UAE resident (20%)
AED 560,000
Deposit, non-resident (40%)
AED 1,120,000
Monthly over 25 years at 3.7%
AED 11,456

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