505, Tiara - Diamond
Sold prices and rental history: sold 3 times, last in January 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 505, Tiara - Diamond
What is 505 worth today?
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Source: Dubai Land Department. Updated 24 June 2026.
Key facts
- Type
- 3-bed apartment
- Size
- 2,392 sqft
- Floor
- 5th of 12
- Parking
- 1389, 1388
- Developer
- Zabeel Investments
- Completed
- 2009
- Service charge
- AED 40,500 /yr
- Last sold
- AED 8.1M · January 2024
- Building
- Tiara - Diamond
About 505, Tiara - Diamond
505 is a three-bedroom apartment of 2,392 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 8 January 2024 for AED 8,100,000, or AED 3,386 per sqft, in line with the AED 3,386 three-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 14 Ejari contracts. The current contract, signed on 24 June 2026, is AED 380,000 a year: a gross yield of 4.7% on the 2024 price, before the service charge of about AED 40,500 a year.
Sales and rents for 505 over time
505 has sold 3 times; the dashed line is the three-bed median of each year in the building.
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 505 sits
All 24 3-beds →505 last sold in January 2024 at AED 3,386 per sqft, in line with what three-beds in Tiara - Diamond were fetching at the time (AED 3,386). 505's AED 380,000 is in the upper half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Dec 202410 December 2024 | 2,266 sqft | 8,000,000 | 3,530 | ||
| 9 Jan 20249 January 2024 | 2,392 sqft | 8,300,000 | 3,469 | ||
| 8 Jan 20248 January 2024 | 2,392 sqft | 8,100,000 | 3,386 | ||
| 15 Dec 202315 December 2023 | 2,392 sqft | 8,300,000 | 3,469 |
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 | |
| 503 | 1-bed | 1,296 sqft | AED 4MAED 4,000,000 · Nov 2024November 2024 | 200,000 /yr | |
| 504 | 1-bed | 1,296 sqft | AED 2.75MAED 2,750,000 · Dec 2015December 2015 | 140,000 /yr | |
| 506 | 2-bed | 1,677 sqft | AED 3.48MAED 3,475,000 · Dec 2012December 2012 | 260,000 /yr |
505, Tiara - Diamond in numbers
- Sold 3 times: first on 3 March 2009 for AED 4,055,600, last on 8 January 2024 for AED 8,100,000 (AED 3,386 per sqft).
- Rented since September 2013 on 14 Ejari contracts. The rent fell from AED 262,500 to AED 210,000 in 2023 and recovered to AED 380,000 by June 2026.
- At AED 380,000 a year the gross yield on the 2024 price is 4.7%, before a service charge of about AED 40,500 a year (AED 16.94 per sqft).
Source: Dubai Land Department. Updated 24 June 2026.
Questions about 505, Tiara - Diamond
What did unit 505 last sell for?
AED 8,100,000 on 8 January 2024: AED 3,386 per sqft for 2,392 sqft. The unit has 3 registered sales; the first was AED 4,055,600 in March 2009.
What is the rent for unit 505?
AED 380,000 a year on the contract signed on 24 June 2026. The previous contract, from May 2025, was AED 550,000; the unit has been rented since September 2013.
How big is unit 505?
2,392 sqft (222.2 sqm): a three-bedroom apartment on the 5th floor of a 12-storey tower completed in 2009.
What is unit 505 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 505, Tiara - Diamond
Starts from the last sale price (AED 8.1M, 8 January 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 8,100,000
- Deposit, UAE resident (20%)
- AED 1,620,000
- Deposit, non-resident (40%)
- AED 3,240,000
- Monthly over 25 years at 3.7%
- AED 33,140
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →