506, Tiara - Diamond
Sold prices and rental history: sold 5 times, last in December 2012, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, Tiara - Diamond
What is 506 worth today?
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Source: Dubai Land Department. Updated 18 September 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,677 sqft
- Floor
- 5th of 12
- Parking
- 1419
- Developer
- Zabeel Investments
- Completed
- 2009
- Service charge
- AED 28,400 /yr
- Last sold
- AED 3.48M · December 2012
- Building
- Tiara - Diamond
About 506, Tiara - Diamond
506 is a two-bedroom apartment of 1,677 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 18 December 2012 for AED 3,475,000, or AED 2,072 per sqft, 16% above the AED 1,788 two-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, signed on 18 September 2026, is AED 260,000 a year: a gross yield of 7.5% on the 2012 price, before the service charge of about AED 28,400 a year.
Sales and rents for 506 over time
506 has sold 5 times; the dashed line is the two-bed median of each year in the building.
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 506 sits
All 30 2-beds →506 last sold in December 2012 at AED 2,072 per sqft, 16% above what two-beds in Tiara - Diamond were fetching at the time (AED 1,788). 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. 506's AED 260,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 25 Jun 202625 June 2026 | 1,677 sqft | 3,000,000 | 1,788 | ||
| 6 Nov 20256 November 2025 | 1,677 sqft | 6,800,000 | 4,054 | ||
| 22 May 202522 May 2025 | 1,677 sqft | 6,800,000 | 4,054 | ||
| 12 Mar 202512 March 2025 | 1,677 sqft | 6,350,000 | 3,786 |
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 | |
| 505 | 3-bed | 2,392 sqft | AED 8.1MAED 8,100,000 · Jan 2024January 2024 | 380,000 /yr |
506, Tiara - Diamond in numbers
- Sold 5 times: first on 3 March 2009 for AED 2,929,200, last on 18 December 2012 for AED 3,475,000 (AED 2,072 per sqft).
- Rented since February 2020 on 6 Ejari contracts, from AED 180,000 to AED 260,000 a year.
- At AED 260,000 a year the gross yield on the 2012 price is 7.5%, 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 18 September 2026.
Questions about 506, Tiara - Diamond
What did unit 506 last sell for?
AED 3,475,000 on 18 December 2012: AED 2,072 per sqft for 1,677 sqft. The unit has 5 registered sales; the first was AED 2,929,200 in March 2009.
What is the rent for unit 506?
AED 260,000 a year on the contract signed on 18 September 2026. The previous contract, from October 2025, was AED 320,000; the unit has been rented since February 2020.
How big is unit 506?
1,677 sqft (155.8 sqm): a two-bedroom apartment on the 5th floor of a 12-storey tower completed in 2009.
What is unit 506 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.
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Mortgage on 506, Tiara - Diamond
Starts from the last sale price (AED 3.48M, 18 December 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 3,475,000
- Deposit, UAE resident (20%)
- AED 695,000
- Deposit, non-resident (40%)
- AED 1,390,000
- Monthly over 25 years at 3.7%
- AED 14,217
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →