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3-bed · 2,392 sqftTiara - Emerald, Palm Jumeirah · 6th floor · completed 2009

602, Tiara - Emerald

Sold prices and rental history: sold twice, last in February 2021, and rented once, from January 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 602 · DLD and Ejari recordsUpdated 17 February 2021
Last soldAED 3.25M17 February 2021
Current rentAED 215K /yr3 January 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 602, Tiara - Emerald

What is 602 worth today?

Last sold for AED 3,250,000 in 2021

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17 Feb 2021SoldReady
AED 3,250,000AED 1,358 per sqft
3 Jan 2021RentedNew contract
AED 215,000/yr12 months · AED 90 per sqft
29 Jul 2013Sold by developerReady
AED 3,747,555AED 1,566 per sqft

Source: Dubai Land Department. Updated 17 February 2021.

Key facts

Type
3-bed apartment
Size
2,392 sqft
Floor
6th of 12
Parking
1127, 1128
Developer
Zabeel Investments
Completed
2009
Service charge
AED 41,600 /yr
Last sold
AED 3.25M · February 2021
Building
Tiara - Emerald

About 602, Tiara - Emerald

602 is a three-bedroom apartment of 2,392 sqft on the 6th floor of Tiara - Emerald, a 12-storey tower in Palm Jumeirah completed in 2009 by Zabeel Investments. It last sold on 17 February 2021 for AED 3,250,000, or AED 1,358 per sqft.

One Ejari contract is registered, from 3 January 2021. The current contract, signed on 3 January 2021, is AED 215,000 a year: a gross yield of 6.6% on the 2021 price, before the service charge of about AED 41,600 a year.

Sales and rents for 602 over time

Sales
Unit 602, each saleTypical three-bed in Tiara - Emerald
4M6M20092013201720212025Typical sale price by year: 2009 AED 6,635,200; 2012 AED 3,650,000; 2013 AED 3,737,555; 2015 AED 5,000,000; 2021 AED 3,150,000; 2023 AED 6,500,000; 2024 AED 5,800,000Sold by developer, July 2013: AED 3,747,555 (AED 1,566 per sqft)Sold, February 2021: AED 3,250,000 (AED 1,358 per sqft)

602 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 602, each contractTypical three-bed in Tiara - Emerald
200K300K2013201720212025Typical rent by year: 2013 AED 230,000; 2014 AED 250,000; 2015 AED 277,500; 2016 AED 274,238; 2017 AED 250,000; 2018 AED 230,000; 2019 AED 220,000; 2020 AED 188,246; 2021 AED 205,000; 2022 AED 216,000; 2023 AED 305,000; 2024 AED 310,000; 2025 AED 317,500; 2026 AED 320,216New contract, January 2021: AED 215,000 a year

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

3-beds in Tiara - Emerald, and where 602 sits

All 26 3-beds →

602's AED 215,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
6 Nov 20256,500,000
20 Jun 20256,500,000
23 Oct 20245,800,000
17 Jul 20246,400,000
0 3-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 6th floor

All 80 units in Tiara - Emerald
Value
6012-bedAED 4.1M · Jun 2023
6031-bedAED 1.83M · Mar 2011
6041-bedAED 2.31M · Nov 2014
6053-bedAED 6.55M · Nov 2023
6062-bedAED 2.05M · Dec 2010

602, Tiara - Emerald in numbers

  • Sold twice: first on 29 July 2013 for AED 3,747,555, last on 17 February 2021 for AED 3,250,000 (AED 1,358 per sqft).
  • Rented since January 2021 on one Ejari contract, at AED 215,000 a year.
  • At AED 215,000 a year the gross yield on the 2021 price is 6.6%, before a service charge of about AED 41,600 a year (AED 17.41 per sqft).

Source: Dubai Land Department. Updated 17 February 2021.

Questions about 602, Tiara - Emerald

What did unit 602 last sell for?

AED 3,250,000 on 17 February 2021: AED 1,358 per sqft for 2,392 sqft. The unit has 2 registered sales; the first was AED 3,747,555 in July 2013.

What is the rent for unit 602?

AED 215,000 a year on the contract signed on 3 January 2021.

How big is unit 602?

2,392 sqft (222.2 sqm): a three-bedroom apartment on the 6th floor of a 12-storey tower completed in 2009.

What is unit 602 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 602, Tiara - Emerald

Starts from the last sale price (AED 3.25M, 17 February 2021). Switch to today's estimate once you have unlocked it.
Price
AED 3,250,000
Deposit, UAE resident (20%)
AED 650,000
Deposit, non-resident (40%)
AED 1,300,000
Monthly over 25 years at 3.7%
AED 13,297

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