1-bed · 1,296 sqftTiara - Emerald, Palm Jumeirah · 4th floor · completed 2009

404, Tiara - Emerald

Sold prices and rental history: sold 3 times, last in July 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 404 · DLD and Ejari recordsUpdated 19 June 2024
Last soldAED 1.28M19 July 2023
Current rentAED 121K /yr19 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 404, Tiara - Emerald

What is 404 worth today?

Last sold for AED 1,282,500 in 2023

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19 Jun 2024RentedNew contract
AED 120,656/yr8 months · AED 93 per sqft
19 Jul 2023SoldReady
AED 1,282,500AED 989 per sqft
19 Jun 2023RentedNew contract
AED 114,862/yr12 months · AED 89 per sqft
20 Jun 2022RentedRenewal
AED 115,000/yr12 months · AED 89 per sqft
20 Jun 2021RentedNew contract
AED 110,000/yr12 months · AED 85 per sqft
7 May 2020RentedNew contract
AED 110,000/yr12 months · AED 85 per sqft
13 Oct 2018RentedRenewal
AED 110,400/yr15 months · AED 85 per sqft
13 Oct 2017RentedRenewal
AED 145,000/yr12 months · AED 112 per sqft

Source: Dubai Land Department. Updated 19 June 2024.

Key facts

Type
1-bed apartment
Size
1,296 sqft
Floor
4th of 12
Parking
2023
Developer
Zabeel Investments
Completed
2009
Service charge
AED 22,600 /yr
Last sold
AED 1.28M · July 2023

About 404, Tiara - Emerald

404 is a one-bedroom apartment of 1,296 sqft on the 4th floor of Tiara - Emerald, a 12-storey tower in Palm Jumeirah completed in 2009 by Zabeel Investments. It last sold on 19 July 2023 for AED 1,282,500, or AED 989 per sqft, 45% below the AED 1,805 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, signed on 19 June 2024, is AED 120,656 a year: a gross yield of 9.4% on the 2023 price, before the service charge of about AED 22,600 a year.

Sales and rents for 404 over time

Sales
Unit 404, each saleTypical one-bed in Tiara - Emerald
2M4M2009201420192024Typical sale price by year: 2009 AED 1,763,520; 2011 AED 1,782,600; 2012 AED 1,481,871; 2013 AED 1,929,555; 2014 AED 2,306,210; 2015 AED 2,530,000; 2021 AED 1,650,000; 2022 AED 2,400,000; 2023 AED 3,100,000; 2024 AED 3,137,500; 2025 AED 3,900,000; 2026 AED 3,900,000Sold by developer, March 2009: AED 1,810,500 (AED 1,397 per sqft)Sold, July 2013: AED 1,810,500 (AED 1,397 per sqft)Sold, July 2023: AED 1,282,500 (AED 989 per sqft)

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

Rents
Unit 404, each contractTypical one-bed in Tiara - Emerald
125K150K2012201620202024Typical rent by year: 2012 AED 130,000; 2013 AED 140,000; 2014 AED 155,000; 2015 AED 159,116; 2016 AED 150,000; 2017 AED 145,000; 2018 AED 130,000; 2019 AED 125,000; 2020 AED 110,000; 2021 AED 110,000; 2022 AED 135,000; 2023 AED 138,000; 2024 AED 145,000; 2025 AED 160,000; 2026 AED 155,000New contract, October 2013: AED 140,000 a yearRenewal, October 2014: AED 140,000 a yearRenewal, October 2015: AED 145,000 a yearNew contract, October 2016: AED 145,000 a yearRenewal, October 2017: AED 145,000 a yearRenewal, October 2018: AED 110,400 a yearNew contract, May 2020: AED 110,000 a yearNew contract, June 2021: AED 110,000 a yearRenewal, June 2022: AED 115,000 a yearNew contract, June 2023: AED 114,862 a yearNew contract, June 2024: AED 120,656 a year

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

1-beds in Tiara - Emerald, and where 404 sits

All 34 1-beds →

404 last sold in July 2023 at AED 989 per sqft, 45% below what one-beds in Tiara - Emerald were fetching at the time (AED 1,805). Over the last 12 months one-beds sold for AED 3,900,000 to 4,100,000, around AED 3,028 per sqft, and rent for AED 126,082 to 210,000 a year. 404's AED 120,656 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
19 May 20264,100,000
9 Feb 20263,900,000
6 Feb 20263,900,000
15 Dec 20253,950,000
4 1-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 4th floor

All 80 units in Tiara - Emerald
Value
4012-bedAED 5.4M · Feb 2026
4023-bedAED 3.62M · Jul 2013
4031-bedAED 2.4M · Nov 2022
4053-bedAED 6.64M · Mar 2009
4062-bedAED 2.3M · Mar 2011

404, Tiara - Emerald in numbers

  • Sold 3 times: first on 1 March 2009 for AED 1,810,500, last on 19 July 2023 for AED 1,282,500 (AED 989 per sqft).
  • Rented since October 2013 on 11 Ejari contracts, from AED 140,000 to AED 120,656 a year.
  • At AED 120,656 a year the gross yield on the 2023 price is 9.4%, before a service charge of about AED 22,600 a year (AED 17.41 per sqft).
  • One-beds in Tiara - Emerald sold for AED 3,900,000–4,100,000 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 June 2024.

Questions about 404, Tiara - Emerald

What did unit 404 last sell for?

AED 1,282,500 on 19 July 2023: AED 989 per sqft for 1,296 sqft. The unit has 3 registered sales; the first was AED 1,810,500 in March 2009.

What is the rent for unit 404?

AED 120,656 a year on the contract signed on 19 June 2024. The previous contract, from June 2023, was AED 114,862; the unit has been rented since October 2013.

How big is unit 404?

1,296 sqft (120.4 sqm): a one-bedroom apartment on the 4th floor of a 12-storey tower completed in 2009.

What is unit 404 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Tiara - Emerald sold for AED 3,900,000 to 4,100,000 in the last 12 months, around AED 3,028 per sqft.

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Mortgage on 404, Tiara - Emerald

Starts from the last sale price (AED 1.28M, 19 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,282,500
Deposit, UAE resident (20%)
AED 256,500
Deposit, non-resident (40%)
AED 513,000
Monthly over 25 years at 3.7%
AED 5,247

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