1-bed · 1,296 sqftTiara - Diamond, Palm Jumeirah · 4th floor · completed 2009

404, Tiara - Diamond

Sold prices and rental history: sold 3 times, last in April 2014, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 404 · DLD and Ejari recordsUpdated 12 July 2021
Last soldAED 3.05M16 April 2014
Current rentAED 115K /yr12 July 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 404, Tiara - Diamond

What is 404 worth today?

Last sold for AED 3,050,000 in 2014

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12 Jul 2021RentedRenewal
AED 115,000/yr12 months · AED 89 per sqft
12 Jul 2020RentedNew contract
AED 115,000/yr12 months · AED 89 per sqft
5 May 2014RentedNew contract
AED 180,000/yr12 months · AED 139 per sqft
16 Apr 2014SoldReady
AED 3,050,000AED 2,353 per sqft
23 Jan 2012SoldReady
AED 1,108,242AED 855 per sqft
26 Mar 2009Sold by developerOff-plan
AED 1,099,750AED 848 per sqft

Source: Dubai Land Department. Updated 12 July 2021.

Key facts

Type
1-bed apartment
Size
1,296 sqft
Floor
4th of 12
Parking
2456
Developer
Zabeel Investments
Completed
2009
Service charge
AED 22,000 /yr
Last sold
AED 3.05M · April 2014

About 404, Tiara - Diamond

404 is a one-bedroom apartment of 1,296 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 16 April 2014 for AED 3,050,000, or AED 2,353 per sqft, 33% above the AED 1,775 one-beds in the building were fetching at the time.

It has been rented since 2014 on 3 Ejari contracts. The current contract, renewed on 12 July 2021, is AED 115,000 a year: a gross yield of 3.8% on the 2014 price, before the service charge of about AED 22,000 a year.

Sales and rents for 404 over time

Sales
Unit 404, 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 1,099,750 (AED 848 per sqft)Sold, January 2012: AED 1,108,242 (AED 855 per sqft)Sold, April 2014: AED 3,050,000 (AED 2,353 per sqft)

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

Rents
Unit 404, 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, May 2014: AED 180,000 a yearNew contract, July 2020: AED 115,000 a yearRenewal, July 2021: AED 115,000 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 404 sits

All 32 1-beds →

404 last sold in April 2014 at AED 2,353 per sqft, 33% above what one-beds in Tiara - Diamond were fetching at the time (AED 1,775). 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. 404's AED 115,000 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 4th floor

All 77 units in Tiara - Diamond
Value
4012-bedAED 2.8M · Sep 2019
4023-bedAED 6.85M · Jul 2023
4031-bedAED 4.4M · May 2026
4053-bedAED 8.1M · Jan 2024
4062-bedAED 6.8M · May 2025

404, Tiara - Diamond in numbers

  • Sold 3 times: first on 26 March 2009 for AED 1,099,750, last on 16 April 2014 for AED 3,050,000 (AED 2,353 per sqft).
  • Rented since May 2014 on 3 Ejari contracts, from AED 180,000 to AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2014 price is 3.8%, 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 12 July 2021.

Questions about 404, Tiara - Diamond

What did unit 404 last sell for?

AED 3,050,000 on 16 April 2014: AED 2,353 per sqft for 1,296 sqft. The unit has 3 registered sales; the first was AED 1,099,750 in March 2009.

What is the rent for unit 404?

AED 115,000 a year on the contract renewed on 12 July 2021. The previous contract, from July 2020, was AED 115,000; the unit has been rented since May 2014.

How big is unit 404?

1,296 sqft (120.4 sqm): a one-bedroom apartment on the 4th floor of a 12-storey tower completed in 2009.

What is unit 404 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 404, Tiara - Diamond

Starts from the last sale price (AED 3.05M, 16 April 2014). Switch to today's estimate once you have unlocked it.
Price
AED 3,050,000
Deposit, UAE resident (20%)
AED 610,000
Deposit, non-resident (40%)
AED 1,220,000
Monthly over 25 years at 3.7%
AED 12,478

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