3-bed · 2,266 sqftTiara - Emerald, Palm Jumeirah · 6th floor · completed 2009

605, Tiara - Emerald

Sold prices and rental history: sold 4 times, last in November 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 605 · DLD and Ejari recordsUpdated 13 November 2023
Last soldAED 6.55M13 November 2023
Current rentAED 249K /yr20 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 605, Tiara - Emerald

What is 605 worth today?

Last sold for AED 6,550,000 in 2023

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13 Nov 2023SoldReady
AED 6,550,000AED 2,890 per sqft
20 Jul 2022RentedRenewal
AED 249,330/yr12 months · AED 110 per sqft
19 Jul 2021RentedRenewal
AED 189,491/yr12 months · AED 83 per sqft
18 Jul 2020RentedRenewal
AED 189,491/yr12 months · AED 83 per sqft
18 Jul 2019RentedRenewal
AED 225,000/yr12 months · AED 99 per sqft
16 Apr 2019RentedRenewal
AED 244,737/yr3 months · AED 108 per sqft
17 Apr 2018RentedRenewal
AED 265,714/yr12 months · AED 117 per sqft
17 Apr 2017RentedNew contract
AED 265,000/yr12 months · AED 117 per sqft

Source: Dubai Land Department. Updated 13 November 2023.

Key facts

Type
3-bed apartment
Size
2,266 sqft
Floor
6th of 12
Parking
1072, 1071
Developer
Zabeel Investments
Completed
2009
Service charge
AED 39,500 /yr
Last sold
AED 6.55M · November 2023

About 605, Tiara - Emerald

605 is a three-bedroom apartment of 2,266 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 13 November 2023 for AED 6,550,000, or AED 2,890 per sqft, in line with the AED 2,868 three-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, renewed on 20 July 2022, is AED 249,330 a year: a gross yield of 3.8% on the 2023 price, before the service charge of about AED 39,500 a year.

Sales and rents for 605 over time

Sales
Unit 605, 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, March 2009: AED 6,635,200 (AED 2,928 per sqft)Sold, May 2013: AED 3,737,555 (AED 1,649 per sqft)Sold, November 2015: AED 5,000,000 (AED 2,206 per sqft)Sold, November 2023: AED 6,550,000 (AED 2,890 per sqft)

605 has sold 4 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 605, 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 2014: AED 260,000 a yearNew contract, January 2015: AED 260,000 a yearNew contract, April 2017: AED 265,000 a yearRenewal, April 2018: AED 265,714 a yearRenewal, April 2019: AED 244,737 a yearRenewal, July 2019: AED 225,000 a yearRenewal, July 2020: AED 189,491 a yearRenewal, July 2021: AED 189,491 a yearRenewal, July 2022: AED 249,330 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 605 sits

All 26 3-beds →

605 last sold in November 2023 at AED 2,890 per sqft, in line with what three-beds in Tiara - Emerald were fetching at the time (AED 2,868). 605's AED 249,330 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
6023-bedAED 3.25M · Feb 2021
6031-bedAED 1.83M · Mar 2011
6041-bedAED 2.31M · Nov 2014
6062-bedAED 2.05M · Dec 2010

605, Tiara - Emerald in numbers

  • Sold 4 times: first on 1 March 2009 for AED 6,635,200, last on 13 November 2023 for AED 6,550,000 (AED 2,890 per sqft).
  • Rented since January 2014 on 9 Ejari contracts. The rent fell from AED 260,000 to AED 189,491 in 2021 and recovered to AED 249,330 by July 2022.
  • At AED 249,330 a year the gross yield on the 2023 price is 3.8%, before a service charge of about AED 39,500 a year (AED 17.41 per sqft).

Source: Dubai Land Department. Updated 13 November 2023.

Questions about 605, Tiara - Emerald

What did unit 605 last sell for?

AED 6,550,000 on 13 November 2023: AED 2,890 per sqft for 2,266 sqft. The unit has 4 registered sales; the first was AED 6,635,200 in March 2009.

What is the rent for unit 605?

AED 249,330 a year on the contract renewed on 20 July 2022. The previous contract, from July 2021, was AED 189,491; the unit has been rented since January 2014.

How big is unit 605?

2,266 sqft (210.5 sqm): a three-bedroom apartment on the 6th floor of a 12-storey tower completed in 2009.

What is unit 605 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 605, Tiara - Emerald

Starts from the last sale price (AED 6.55M, 13 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 6,550,000
Deposit, UAE resident (20%)
AED 1,310,000
Deposit, non-resident (40%)
AED 2,620,000
Monthly over 25 years at 3.7%
AED 26,798

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