2-bed · 1,677 sqftTiara - Emerald, Palm Jumeirah · 5th floor · completed 2009

501, Tiara - Emerald

Sold prices and rental history: sold 6 times, last in July 2023, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 501 · DLD and Ejari recordsUpdated 5 July 2023
Last soldAED 4.5M5 July 2023
Current rentAED 156K /yr20 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 501, Tiara - Emerald

What is 501 worth today?

Last sold for AED 4,500,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

5 Jul 2023SoldReady
AED 4,500,000AED 2,683 per sqft
20 Mar 2023RentedNew contract
AED 155,923/yr8 months · AED 93 per sqft
30 Nov 2022SoldReady
AED 3,700,000AED 2,206 per sqft
20 Mar 2022RentedNew contract
AED 155,000/yr12 months · AED 92 per sqft
20 Mar 2021RentedRenewal
AED 155,000/yr12 months · AED 92 per sqft
12 Nov 2020SoldReady
AED 2,550,000AED 1,520 per sqft
20 Mar 2020RentedRenewal
AED 160,000/yr12 months · AED 95 per sqft
20 Mar 2019RentedNew contract
AED 170,000/yr12 months · AED 101 per sqft

Source: Dubai Land Department. Updated 5 July 2023.

Key facts

Type
2-bed apartment
Size
1,677 sqft
Floor
5th of 12
Parking
2071
Developer
Zabeel Investments
Completed
2009
Service charge
AED 29,200 /yr
Last sold
AED 4.5M · July 2023

About 501, Tiara - Emerald

501 is a two-bedroom apartment of 1,677 sqft on the 5th floor of Tiara - Emerald, a 12-storey tower in Palm Jumeirah completed in 2009 by Zabeel Investments. It last sold on 5 July 2023 for AED 4,500,000, or AED 2,683 per sqft, 10% above the AED 2,444 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, signed on 20 March 2023, is AED 155,923 a year: a gross yield of 3.5% on the 2023 price, before the service charge of about AED 29,200 a year.

Sales and rents for 501 over time

Sales
Unit 501, each saleTypical two-bed in Tiara - Emerald
2.5M5M2009201420192024Typical 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 1,285,303 (AED 766 per sqft)Sold, July 2011: AED 2,570,605 (AED 1,532 per sqft)Sold, July 2011: AED 2,600,000 (AED 1,550 per sqft)Sold, November 2020: AED 2,550,000 (AED 1,520 per sqft)Sold, November 2022: AED 3,700,000 (AED 2,206 per sqft)Sold, July 2023: AED 4,500,000 (AED 2,683 per sqft)

501 has sold 6 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 501, each contractTypical two-bed in Tiara - Emerald
200K300K2013201720212025Typical 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, October 2016: AED 280,000 a yearNew contract, November 2016: AED 195,000 a yearRenewal, November 2017: AED 195,000 a yearNew contract, March 2019: AED 170,000 a yearRenewal, March 2020: AED 160,000 a yearRenewal, March 2021: AED 155,000 a yearNew contract, March 2022: AED 155,000 a yearNew contract, March 2023: AED 155,923 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 501 sits

All 30 2-beds →

501 last sold in July 2023 at AED 2,683 per sqft, 10% above what two-beds in Tiara - Emerald were fetching at the time (AED 2,444). 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. 501's AED 155,923 is at the bottom 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 5th floor

All 80 units in Tiara - Emerald
Value
5023-bedAED 6.5M · Jun 2025
5031-bedAED 1.8M · Jan 2011
5041-bedAED 2.08M · Apr 2021
5053-bedAED 3.7M · Apr 2013
5062-bedAED 5.9M · Apr 2026

501, Tiara - Emerald in numbers

  • Sold 6 times: first on 4 March 2009 for AED 1,285,303, last on 5 July 2023 for AED 4,500,000 (AED 2,683 per sqft).
  • Rented since October 2016 on 8 Ejari contracts, from AED 280,000 to AED 155,923 a year.
  • At AED 155,923 a year the gross yield on the 2023 price is 3.5%, 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 5 July 2023.

Questions about 501, Tiara - Emerald

What did unit 501 last sell for?

AED 4,500,000 on 5 July 2023: AED 2,683 per sqft for 1,677 sqft. The unit has 6 registered sales; the first was AED 1,285,303 in March 2009.

What is the rent for unit 501?

AED 155,923 a year on the contract signed on 20 March 2023. The previous contract, from March 2022, was AED 155,000; the unit has been rented since October 2016.

How big is unit 501?

1,677 sqft (155.8 sqm): a two-bedroom apartment on the 5th floor of a 12-storey tower completed in 2009.

What is unit 501 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.

Selling 501? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 501, Tiara - Emerald

Starts from the last sale price (AED 4.5M, 5 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 4,500,000
Deposit, UAE resident (20%)
AED 900,000
Deposit, non-resident (40%)
AED 1,800,000
Monthly over 25 years at 3.7%
AED 18,411

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