3-bed · 2,392 sqftTiara - Diamond, Palm Jumeirah · 7th floor · completed 2009

705, Tiara - Diamond

Sold prices and rental history: sold 3 times, last in April 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 705 · DLD and Ejari recordsUpdated 14 April 2022
Last soldAED 8M14 April 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 705, Tiara - Diamond

What is 705 worth today?

Last sold for AED 8,000,000 in 2022

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14 Apr 2022SoldReady
AED 8,000,000AED 3,344 per sqft
6 Jan 2011SoldReady
AED 4,169,900AED 1,743 per sqft
3 Mar 2009Sold by developerOff-plan
AED 4,169,900AED 1,743 per sqft

Source: Dubai Land Department. Updated 14 April 2022.

Key facts

Type
3-bed apartment
Size
2,392 sqft
Floor
7th of 12
Parking
1390, 1391
Developer
Zabeel Investments
Completed
2009
Service charge
AED 40,500 /yr
Last sold
AED 8M · April 2022

About 705, Tiara - Diamond

705 is a three-bedroom apartment of 2,392 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 14 April 2022 for AED 8,000,000, or AED 3,344 per sqft, 58% above the AED 2,118 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 705 over time

Sales
Unit 705, each saleTypical three-bed in Tiara - Diamond
4M6M8M20092013201720212025Typical sale price by year: 2009 AED 4,207,434; 2010 AED 4,600,000; 2011 AED 4,227,000; 2012 AED 3,954,050; 2013 AED 4,398,300; 2015 AED 6,200,555; 2021 AED 3,800,000; 2022 AED 5,200,000; 2023 AED 7,000,000; 2024 AED 8,100,000Sold by developer, March 2009: AED 4,169,900 (AED 1,743 per sqft)Sold, January 2011: AED 4,169,900 (AED 1,743 per sqft)Sold, April 2022: AED 8,000,000 (AED 3,344 per sqft)

705 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 705, each contractTypical three-bed in Tiara - Diamond
200K400K2013201720212025Typical rent by year: 2013 AED 280,000; 2014 AED 280,000; 2015 AED 289,000; 2016 AED 212,500; 2017 AED 280,000; 2018 AED 260,000; 2019 AED 247,500; 2020 AED 209,454; 2021 AED 212,500; 2022 AED 252,000; 2023 AED 297,500; 2024 AED 395,000; 2025 AED 485,000; 2026 AED 400,000

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 705 sits

All 24 3-beds →

705 last sold in April 2022 at AED 3,344 per sqft, 58% above what three-beds in Tiara - Diamond were fetching at the time (AED 2,118).

Recent 3-bed salesUnit no.Price (AED)Summary
10 Dec 20248,000,000
9 Jan 20248,300,000
8 Jan 20248,100,000
8 Jan 20248,100,000
0 3-bed sales in the last 12 months

Tiara - Diamond

Building

77 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%
Tiara - Diamond, Palm Jumeirah: prices, sales and rents →

Other units on the 7th floor

All 77 units in Tiara - Diamond
Value
7012-bedAED 4.15M · Feb 2017
7023-bedAED 5.1M · Apr 2022
7031-bedAED 4.5M · Sep 2026
7041-bedAED 2.34M · Jan 2011
7062-bedAED 3.8M · Oct 2021

705, Tiara - Diamond in numbers

  • Sold 3 times: first on 3 March 2009 for AED 4,169,900, last on 14 April 2022 for AED 8,000,000 (AED 3,344 per sqft).

Source: Dubai Land Department. Updated 14 April 2022.

Questions about 705, Tiara - Diamond

What did unit 705 last sell for?

AED 8,000,000 on 14 April 2022: AED 3,344 per sqft for 2,392 sqft. The unit has 3 registered sales; the first was AED 4,169,900 in March 2009.

How big is unit 705?

2,392 sqft (222.2 sqm): a three-bedroom apartment on the 7th floor of a 12-storey tower completed in 2009.

What is unit 705 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 705, Tiara - Diamond

Starts from the last sale price (AED 8M, 14 April 2022). Switch to today's estimate once you have unlocked it.
Price
AED 8,000,000
Deposit, UAE resident (20%)
AED 1,600,000
Deposit, non-resident (40%)
AED 3,200,000
Monthly over 25 years at 3.7%
AED 32,730

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →