704, Tiara - Diamond
Sold prices and rental history: sold 3 times, last in January 2011, 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 704, Tiara - Diamond
What is 704 worth today?
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Source: Dubai Land Department. Updated 6 September 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 1,296 sqft
- Floor
- 7th of 12
- Parking
- 2555
- Developer
- Zabeel Investments
- Completed
- 2009
- Service charge
- AED 22,000 /yr
- Last sold
- AED 1.9M · January 2011
- Building
- Tiara - Diamond
About 704, Tiara - Diamond
704 is a one-bedroom apartment of 1,296 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 25 January 2011 for AED 1,900,000, or AED 1,466 per sqft, 7% below the AED 1,576 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, signed on 6 September 2024, is AED 275,000 a year: a gross yield of 14.5% on the 2011 price, before the service charge of about AED 22,000 a year.
Sales and rents for 704 over time
704 has sold 3 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 704 sits
All 32 1-beds →704 last sold in January 2011 at AED 1,466 per sqft, 7% below what one-beds in Tiara - Diamond were fetching at the time (AED 1,576). 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. 704's AED 275,000 is at the top 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 7th floor
All 77 units in Tiara - Diamond| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 2-bed | 1,677 sqft | AED 4.15MAED 4,150,000 · Feb 2017February 2017 | 280,000 /yr | |
| 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 | |
| 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 |
704, Tiara - Diamond in numbers
- Sold 3 times: first on 3 March 2009 for AED 2,338,300, last on 25 January 2011 for AED 1,900,000 (AED 1,466 per sqft).
- Rented since March 2015 on 7 Ejari contracts. The rent fell from AED 180,000 to AED 150,000 in 2023 and recovered to AED 275,000 by September 2024.
- At AED 275,000 a year the gross yield on the 2011 price is 14.5%, 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 6 September 2024.
Questions about 704, Tiara - Diamond
What did unit 704 last sell for?
AED 1,900,000 on 25 January 2011: AED 1,466 per sqft for 1,296 sqft. The unit has 3 registered sales; the first was AED 2,338,300 in March 2009.
What is the rent for unit 704?
AED 275,000 a year on the contract signed on 6 September 2024. The previous contract, from March 2023, was AED 150,000; the unit has been rented since March 2015.
How big is unit 704?
1,296 sqft (120.4 sqm): a one-bedroom apartment on the 7th floor of a 12-storey tower completed in 2009.
What is unit 704 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 704, Tiara - Diamond
Starts from the last sale price (AED 1.9M, 25 January 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 1,900,000
- Deposit, UAE resident (20%)
- AED 380,000
- Deposit, non-resident (40%)
- AED 760,000
- Monthly over 25 years at 3.7%
- AED 7,773
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →