P01, Tiara - Diamond
Sold prices and rental history: sold once, by the developer in August 2014, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for P01, Tiara - Diamond
What is P01 worth today?
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Source: Dubai Land Department. Updated 15 December 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 1,849 sqft
- Parking
- 1438, 1439
- Developer
- Zabeel Investments
- Completed
- 2009
- Service charge
- AED 31,300 /yr
- Last sold
- AED 2.56M · August 2014
- Building
- Tiara - Diamond
About P01, Tiara - Diamond
P01 is a one-bedroom apartment of 1,849 sqft of Tiara - Diamond, a 12-storey tower in Palm Jumeirah completed in 2009 by Zabeel Investments. The developer sold it on 12 August 2014 for AED 2,564,555, or AED 1,386 per sqft, 17% below the AED 1,672 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, signed on 15 December 2023, is AED 275,000 a year: a gross yield of 10.7% on the 2014 price, before the service charge of about AED 31,300 a year.
Sales and rents for P01 over time
P01 has sold once; 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 P01 sits
All 32 1-beds →P01 last sold in August 2014 at AED 1,386 per sqft, 17% below what one-beds in Tiara - Diamond were fetching at the time (AED 1,672). 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. P01'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%
P01, Tiara - Diamond in numbers
- Sold once: by Zabeel Investments on 12 August 2014 for AED 2,564,555, or AED 1,386 per sqft.
- Rented since December 2014 on 6 Ejari contracts, from AED 180,000 to AED 275,000 a year.
- At AED 275,000 a year the gross yield on the 2014 price is 10.7%, before a service charge of about AED 31,300 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 15 December 2023.
Questions about P01, Tiara - Diamond
What did unit P01 last sell for?
AED 2,564,555 on 12 August 2014, sold by the developer: AED 1,386 per sqft for 1,849 sqft. It is the only registered sale of the unit.
What is the rent for unit P01?
AED 275,000 a year on the contract signed on 15 December 2023. The previous contract, from September 2019, was AED 220,000; the unit has been rented since December 2014.
How big is unit P01?
1,849 sqft (171.8 sqm): a one-bedroom apartment of a 12-storey tower completed in 2009.
What is unit P01 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 P01, Tiara - Diamond
Starts from the last sale price (AED 2.56M, 12 August 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 2,564,555
- Deposit, UAE resident (20%)
- AED 512,911
- Deposit, non-resident (40%)
- AED 1,025,822
- Monthly over 25 years at 3.7%
- AED 10,492
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →