503, Tiara - Diamond
Sold prices and rental history: sold 5 times, last in November 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 503, Tiara - Diamond
What is 503 worth today?
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Source: Dubai Land Department. Updated 14 January 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 1,296 sqft
- Floor
- 5th of 12
- Parking
- 2455
- Developer
- Zabeel Investments
- Completed
- 2009
- Service charge
- AED 22,000 /yr
- Last sold
- AED 4M · November 2024
- Building
- Tiara - Diamond
About 503, Tiara - Diamond
503 is a one-bedroom apartment of 1,296 sqft on the 5th floor of Tiara - Diamond, a 12-storey tower in Palm Jumeirah completed in 2009 by Zabeel Investments. It last sold on 27 November 2024 for AED 4,000,000, or AED 3,086 per sqft, 6% above the AED 2,901 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, signed on 14 January 2025, is AED 200,000 a year: a gross yield of 5.0% on the 2024 price, before the service charge of about AED 22,000 a year.
Sales and rents for 503 over time
503 has sold 5 times; the dashed line is the one-bed median of each year in the building.
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 503 sits
All 32 1-beds →503 last sold in November 2024 at AED 3,086 per sqft, 6% above what one-beds in Tiara - Diamond were fetching at the time (AED 2,901). 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. 503's AED 200,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Sep 202623 September 2026 | 1,296 sqft | 4,500,000 | 3,472 | ||
| 22 May 202622 May 2026 | 1,296 sqft | 4,400,000 | 3,395 | ||
| 4 May 20264 May 2026 | 1,296 sqft | 5,325,000 | 4,108 | ||
| 16 Dec 202516 December 2025 | 1,296 sqft | 4,200,000 | 3,240 |
Tiara - Diamond
Building77 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%
Other units on the 5th floor
All 77 units in Tiara - Diamond| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,677 sqft | AED 4.5MAED 4,500,000 · Sep 2022September 2022 | 200,000 /yr | |
| 502 | 3-bed | 2,266 sqft | AED 5.2MAED 5,200,000 · Mar 2022March 2022 | 420,000 /yr | |
| 504 | 1-bed | 1,296 sqft | AED 2.75MAED 2,750,000 · Dec 2015December 2015 | 140,000 /yr | |
| 505 | 3-bed | 2,392 sqft | AED 8.1MAED 8,100,000 · Jan 2024January 2024 | 380,000 /yr | |
| 506 | 2-bed | 1,677 sqft | AED 3.48MAED 3,475,000 · Dec 2012December 2012 | 260,000 /yr |
503, Tiara - Diamond in numbers
- Sold 5 times: first on 10 February 2011 for AED 2,061,505, last on 27 November 2024 for AED 4,000,000 (AED 3,086 per sqft).
- Rented since December 2015 on 6 Ejari contracts, from AED 185,000 to AED 200,000 a year.
- At AED 200,000 a year the gross yield on the 2024 price is 5.0%, 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 14 January 2025.
Questions about 503, Tiara - Diamond
What did unit 503 last sell for?
AED 4,000,000 on 27 November 2024: AED 3,086 per sqft for 1,296 sqft. The unit has 5 registered sales; the first was AED 2,061,505 in February 2011.
What is the rent for unit 503?
AED 200,000 a year on the contract signed on 14 January 2025. The previous contract, from January 2025, was AED 200,000; the unit has been rented since December 2015.
How big is unit 503?
1,296 sqft (120.4 sqm): a one-bedroom apartment on the 5th floor of a 12-storey tower completed in 2009.
What is unit 503 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 503, Tiara - Diamond
Starts from the last sale price (AED 4M, 27 November 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 4,000,000
- Deposit, UAE resident (20%)
- AED 800,000
- Deposit, non-resident (40%)
- AED 1,600,000
- Monthly over 25 years at 3.7%
- AED 16,365
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →