2-bed · 1,677 sqftTiara - Emerald, Palm Jumeirah · 3rd floor · completed 2009

306, Tiara - Emerald

Sold prices and rental history: sold 5 times, last in May 2023, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 306 · DLD and Ejari recordsUpdated 19 May 2023
Last soldAED 4.85M19 May 2023
Current rentAED 260K /yr15 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 306, Tiara - Emerald

What is 306 worth today?

Last sold for AED 4,850,000 in 2023

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19 May 2023SoldReady
AED 4,850,000AED 2,892 per sqft
15 Apr 2023RentedRenewal
AED 260,000/yr12 months · AED 155 per sqft
15 Apr 2022RentedNew contract
AED 260,000/yr12 months · AED 155 per sqft
20 Sep 2021RentedNew contract
AED 220,000/yr12 months · AED 131 per sqft
30 Mar 2021RentedNew contract
AED 187,000/yr12 months · AED 111 per sqft
30 Mar 2020RentedNew contract
AED 187,000/yr12 months · AED 111 per sqft
26 Jun 2014SoldReady
AED 4,340,000AED 2,587 per sqft
10 Jun 2014SoldReady
AED 3,200,000AED 1,908 per sqft

Source: Dubai Land Department. Updated 19 May 2023.

Key facts

Type
2-bed apartment
Size
1,677 sqft
Floor
3rd of 12
Parking
2077
Developer
Zabeel Investments
Completed
2009
Service charge
AED 29,200 /yr
Last sold
AED 4.85M · May 2023

About 306, Tiara - Emerald

306 is a two-bedroom apartment of 1,677 sqft on the 3rd floor of Tiara - Emerald, a 12-storey tower in Palm Jumeirah completed in 2009 by Zabeel Investments. It last sold on 19 May 2023 for AED 4,850,000, or AED 2,892 per sqft, 20% above the AED 2,415 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, renewed on 15 April 2023, is AED 260,000 a year: a gross yield of 5.4% on the 2023 price, before the service charge of about AED 29,200 a year.

Sales and rents for 306 over time

Sales
Unit 306, each saleTypical two-bed in Tiara - Emerald
2M4M6M2009201420192024Typical sale price by year: 2009 AED 2,391,600; 2010 AED 2,604,750; 2011 AED 2,583,000; 2012 AED 2,650,000; 2013 AED 2,895,784; 2014 AED 3,200,000; 2022 AED 4,000,000; 2023 AED 4,100,000; 2026 AED 5,800,000Sold by developer, March 2009: AED 4,964,800 (AED 2,960 per sqft)Sold, December 2011: AED 2,650,000 (AED 1,580 per sqft)Sold, June 2014: AED 4,340,000 (AED 2,587 per sqft)Sold, June 2014: AED 3,200,000 (AED 1,908 per sqft)Sold, May 2023: AED 4,850,000 (AED 2,892 per sqft)

306 has sold 5 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 306, each contractTypical two-bed in Tiara - Emerald
200K2013201720212025Typical rent by year: 2013 AED 195,000; 2014 AED 222,500; 2015 AED 220,000; 2016 AED 210,275; 2017 AED 200,000; 2018 AED 192,500; 2019 AED 175,000; 2020 AED 155,000; 2021 AED 160,000; 2022 AED 176,440; 2023 AED 252,500; 2024 AED 250,000; 2025 AED 260,000; 2026 AED 270,000New contract, March 2020: AED 187,000 a yearNew contract, March 2021: AED 187,000 a yearNew contract, September 2021: AED 220,000 a yearNew contract, April 2022: AED 260,000 a yearRenewal, April 2023: AED 260,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Tiara - Emerald, and where 306 sits

All 30 2-beds →

306 last sold in May 2023 at AED 2,892 per sqft, 20% above what two-beds in Tiara - Emerald were fetching at the time (AED 2,415). Over the last 12 months two-beds sold for AED 5,400,000 to 6,900,000, around AED 3,369 per sqft, and rent for AED 176,000 to 295,000 a year. 306's AED 260,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
30 Apr 20265,900,000
20 Feb 20265,400,000
23 Jan 20265,800,000
16 Nov 20256,900,000
4 2-bed sales in the last 12 months

Tiara - Emerald

Building

80 apartments, 1-bed to 4-bed over 12 floors in Palm Jumeirah, completed in 2009 by Zabeel Investments. 8 sold in the last 12 months.

Typical price per sqft
AED 3,105
Typical sale
AED 4.75M
Typical rent
AED 270K /yr
Typical yield
5.0%
Tiara - Emerald, Palm Jumeirah: prices, sales and rents →

Other units on the 3rd floor

All 80 units in Tiara - Emerald
Value
3012-bedAED 2.65M · Mar 2012
3023-bedAED 3.61M · Feb 2013
3031-bedAED 2.25M · Aug 2015
3041-bedAED 3.9M · Feb 2026
3053-bedAED 4.44M · Apr 2013

306, Tiara - Emerald in numbers

  • Sold 5 times: first on 25 March 2009 for AED 4,964,800, last on 19 May 2023 for AED 4,850,000 (AED 2,892 per sqft).
  • Rented since March 2020 on 5 Ejari contracts, from AED 187,000 to AED 260,000 a year.
  • At AED 260,000 a year the gross yield on the 2023 price is 5.4%, before a service charge of about AED 29,200 a year (AED 17.41 per sqft).
  • Two-beds in Tiara - Emerald sold for AED 5,400,000–6,900,000 in the 12 months to November 2026; the building's median across all types is AED 3,105 per sqft.

Source: Dubai Land Department. Updated 19 May 2023.

Questions about 306, Tiara - Emerald

What did unit 306 last sell for?

AED 4,850,000 on 19 May 2023: AED 2,892 per sqft for 1,677 sqft. The unit has 5 registered sales; the first was AED 4,964,800 in March 2009.

What is the rent for unit 306?

AED 260,000 a year on the contract renewed on 15 April 2023. The previous contract, from April 2022, was AED 260,000; the unit has been rented since March 2020.

How big is unit 306?

1,677 sqft (155.8 sqm): a two-bedroom apartment on the 3rd floor of a 12-storey tower completed in 2009.

What is unit 306 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Tiara - Emerald sold for AED 5,400,000 to 6,900,000 in the last 12 months, around AED 3,369 per sqft.

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Mortgage on 306, Tiara - Emerald

Starts from the last sale price (AED 4.85M, 19 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 4,850,000
Deposit, UAE resident (20%)
AED 970,000
Deposit, non-resident (40%)
AED 1,940,000
Monthly over 25 years at 3.7%
AED 19,843

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