701, Tiara - Diamond
Sold prices and rental history: sold 4 times, last in February 2017, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 701, Tiara - Diamond
What is 701 worth today?
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Source: Dubai Land Department. Updated 7 October 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,677 sqft
- Floor
- 7th of 12
- Parking
- 1427
- Developer
- Zabeel Investments
- Completed
- 2009
- Service charge
- AED 28,400 /yr
- Last sold
- AED 4.15M · February 2017
- Building
- Tiara - Diamond
About 701, Tiara - Diamond
701 is a two-bedroom apartment of 1,677 sqft on the 7th floor of Tiara - Diamond, a 12-storey tower in Palm Jumeirah completed in 2009 by Zabeel Investments. It last sold on 28 February 2017 for AED 4,150,000, or AED 2,474 per sqft.
It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 7 October 2024, is AED 280,000 a year: a gross yield of 6.8% on the 2017 price, before the service charge of about AED 28,400 a year.
Sales and rents for 701 over time
701 has sold 4 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 701 sits
All 30 2-beds →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. 701's AED 280,000 is in the upper 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 7th floor
All 77 units in Tiara - Diamond| ValueToday's value | |||||
|---|---|---|---|---|---|
| 702 | 3-bed | 2,266 sqft | AED 5.1MAED 5,100,000 · Apr 2022April 2022 | 400,000 /yr | |
| 703 | 1-bed | 1,296 sqft | AED 4.5MAED 4,500,000 · Sep 2026September 2026 | 145,000 /yr | |
| 704 | 1-bed | 1,296 sqft | AED 2.34MAED 2,338,300 · Jan 2011January 2011 | 275,000 /yr | |
| 705 | 3-bed | 2,392 sqft | AED 8MAED 8,000,000 · Apr 2022April 2022 | ||
| 706 | 2-bed | 1,677 sqft | AED 3.8MAED 3,800,000 · Oct 2021October 2021 | 165,000 /yr |
701, Tiara - Diamond in numbers
- Sold 4 times: first on 26 August 2010 for AED 3,000,000, last on 28 February 2017 for AED 4,150,000 (AED 2,474 per sqft).
- Rented since October 2021 on 4 Ejari contracts, from AED 235,000 to AED 280,000 a year.
- At AED 280,000 a year the gross yield on the 2017 price is 6.8%, 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 7 October 2024.
Questions about 701, Tiara - Diamond
What did unit 701 last sell for?
AED 4,150,000 on 28 February 2017: AED 2,474 per sqft for 1,677 sqft. The unit has 4 registered sales; the first was AED 3,000,000 in August 2010.
What is the rent for unit 701?
AED 280,000 a year on the contract signed on 7 October 2024. The previous contract, from October 2024, was AED 280,000; the unit has been rented since October 2021.
How big is unit 701?
1,677 sqft (155.8 sqm): a two-bedroom apartment on the 7th floor of a 12-storey tower completed in 2009.
What is unit 701 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 701, Tiara - Diamond
Starts from the last sale price (AED 4.15M, 28 February 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 4,150,000
- Deposit, UAE resident (20%)
- AED 830,000
- Deposit, non-resident (40%)
- AED 1,660,000
- Monthly over 25 years at 3.7%
- AED 16,979
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →