704, Tiara - Emerald
Sold prices and rental history: sold once, by the developer in February 2013, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 704, Tiara - Emerald
What is 704 worth today?
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Source: Dubai Land Department. Updated 27 July 2019.
Key facts
- Type
- 1-bed apartment
- Size
- 1,296 sqft
- Floor
- 7th of 12
- Parking
- 2008
- Developer
- Zabeel Investments
- Completed
- 2009
- Service charge
- AED 22,600 /yr
- Last sold
- AED 1.94M · February 2013
- Building
- Tiara - Emerald
About 704, Tiara - Emerald
704 is a one-bedroom apartment of 1,296 sqft on the 7th floor of Tiara - Emerald, a 12-storey tower in Palm Jumeirah completed in 2009 by Zabeel Investments. The developer sold it on 26 February 2013 for AED 1,939,555, or AED 1,496 per sqft, 4% below the AED 1,562 one-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 5 Ejari contracts. The current contract, signed on 27 July 2019, is AED 120,000 a year: a gross yield of 6.2% on the 2013 price, before the service charge of about AED 22,600 a year.
Sales and rents for 704 over time
704 has sold once; the dashed line is the one-bed median of each year in the building.
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 704 sits
All 34 1-beds →704 last sold in February 2013 at AED 1,496 per sqft, 4% below what one-beds in Tiara - Emerald were fetching at the time (AED 1,562). 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. 704's AED 120,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 19 May 202619 May 2026 | 1,296 sqft | 4,100,000 | 3,163 | ||
| 9 Feb 20269 February 2026 | 1,296 sqft | 3,900,000 | 3,009 | ||
| 6 Feb 20266 February 2026 | 1,296 sqft | 3,900,000 | 3,009 | ||
| 15 Dec 202515 December 2025 | 1,296 sqft | 3,950,000 | 3,047 |
Tiara - Emerald
Building80 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%
Other units on the 7th floor
All 80 units in Tiara - Emerald| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 2-bed | 1,677 sqft | AED 2.9MAED 2,900,000 · Jan 2013January 2013 | 295,000 /yr | |
| 702 | 3-bed | 2,392 sqft | AED 3.79MAED 3,787,555 · Sep 2013September 2013 | 310,000 /yr | |
| 703 | 1-bed | 1,296 sqft | AED 2.7MAED 2,700,000 · Oct 2014October 2014 | 141,138 /yr | |
| 705 | 3-bed | 2,266 sqft | AED 3.8MAED 3,800,000 · Sep 2012September 2012 | ||
| 706 | 2-bed | 1,677 sqft | AED 3.9MAED 3,900,000 · Dec 2021December 2021 | 210,000 /yr |
704, Tiara - Emerald in numbers
- Sold once: by Zabeel Investments on 26 February 2013 for AED 1,939,555, or AED 1,496 per sqft.
- Rented since September 2012 on 5 Ejari contracts, from AED 130,000 to AED 120,000 a year.
- At AED 120,000 a year the gross yield on the 2013 price is 6.2%, 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 27 July 2019.
Questions about 704, Tiara - Emerald
What did unit 704 last sell for?
AED 1,939,555 on 26 February 2013, sold by the developer: AED 1,496 per sqft for 1,296 sqft. It is the only registered sale of the unit.
What is the rent for unit 704?
AED 120,000 a year on the contract signed on 27 July 2019. The previous contract, from September 2015, was AED 155,000; the unit has been rented since September 2012.
How big is unit 704?
1,296 sqft (120.4 sqm): a one-bedroom apartment on the 7th floor of a 12-storey tower completed in 2009.
What is unit 704 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 704, Tiara - Emerald
Starts from the last sale price (AED 1.94M, 26 February 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 1,939,555
- Deposit, UAE resident (20%)
- AED 387,911
- Deposit, non-resident (40%)
- AED 775,822
- Monthly over 25 years at 3.7%
- AED 7,935
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →