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2-bed · 1,677 sqftTiara - Emerald, Palm Jumeirah · 7th floor · completed 2009

706, Tiara - Emerald

Sold prices and rental history: sold twice, last in December 2021, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 706 · DLD and Ejari recordsUpdated 19 December 2021
Last soldAED 3.9M19 December 2021
Current rentAED 210K /yr20 November 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 706, Tiara - Emerald

What is 706 worth today?

Last sold for AED 3,900,000 in 2021

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19 Dec 2021SoldReady
AED 3,900,000AED 2,325 per sqft
20 Nov 2019RentedRenewal
AED 210,000/yr12 months · AED 125 per sqft
20 Nov 2018RentedRenewal
AED 210,000/yr12 months · AED 125 per sqft
20 Nov 2017RentedRenewal
AED 210,000/yr12 months · AED 125 per sqft
20 Nov 2016RentedRenewal
AED 220,000/yr12 months · AED 131 per sqft
20 Nov 2015RentedRenewal
AED 220,000/yr12 months · AED 131 per sqft
20 Nov 2014RentedNew contract
AED 220,000/yr12 months · AED 131 per sqft
13 Aug 2012Sold by developerReady
AED 3,050,000AED 1,818 per sqft

Source: Dubai Land Department. Updated 19 December 2021.

Key facts

Type
2-bed apartment
Size
1,677 sqft
Floor
7th of 12
Parking
1163
Developer
Zabeel Investments
Completed
2009
Service charge
AED 29,200 /yr
Last sold
AED 3.9M · December 2021
Building
Tiara - Emerald

About 706, Tiara - Emerald

706 is a two-bedroom apartment of 1,677 sqft on the 7th floor of Tiara - Emerald, a 12-storey tower in Palm Jumeirah completed in 2009 by Zabeel Investments. It last sold on 19 December 2021 for AED 3,900,000, or AED 2,325 per sqft.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, renewed on 20 November 2019, is AED 210,000 a year: a gross yield of 5.4% on the 2021 price, before the service charge of about AED 29,200 a year.

Sales and rents for 706 over time

Sales
Unit 706, each saleTypical two-bed in Tiara - Emerald
2M4M6M2009201420192024Typical 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, August 2012: AED 3,050,000 (AED 1,818 per sqft)Sold, December 2021: AED 3,900,000 (AED 2,325 per sqft)

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

Rents
Unit 706, each contractTypical two-bed in Tiara - Emerald
200K2013201720212025Typical 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, November 2014: AED 220,000 a yearRenewal, November 2015: AED 220,000 a yearRenewal, November 2016: AED 220,000 a yearRenewal, November 2017: AED 210,000 a yearRenewal, November 2018: AED 210,000 a yearRenewal, November 2019: AED 210,000 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 706 sits

All 30 2-beds →

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. 706's AED 210,000 is in the lower half 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 7th floor

All 80 units in Tiara - Emerald
Value
7012-bedAED 2.9M · Jan 2013
7023-bedAED 3.79M · Sep 2013
7031-bedAED 2.7M · Oct 2014
7041-bedAED 1.94M · Feb 2013
7053-bedAED 3.8M · Sep 2012

706, Tiara - Emerald in numbers

  • Sold twice: first on 13 August 2012 for AED 3,050,000, last on 19 December 2021 for AED 3,900,000 (AED 2,325 per sqft).
  • Rented since November 2014 on 6 Ejari contracts, from AED 220,000 to AED 210,000 a year.
  • At AED 210,000 a year the gross yield on the 2021 price is 5.4%, 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 19 December 2021.

Questions about 706, Tiara - Emerald

What did unit 706 last sell for?

AED 3,900,000 on 19 December 2021: AED 2,325 per sqft for 1,677 sqft. The unit has 2 registered sales; the first was AED 3,050,000 in August 2012.

What is the rent for unit 706?

AED 210,000 a year on the contract renewed on 20 November 2019. The previous contract, from November 2018, was AED 210,000; the unit has been rented since November 2014.

How big is unit 706?

1,677 sqft (155.8 sqm): a two-bedroom apartment on the 7th floor of a 12-storey tower completed in 2009.

What is unit 706 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.

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Mortgage on 706, Tiara - Emerald

Starts from the last sale price (AED 3.9M, 19 December 2021). Switch to today's estimate once you have unlocked it.
Price
AED 3,900,000
Deposit, UAE resident (20%)
AED 780,000
Deposit, non-resident (40%)
AED 1,560,000
Monthly over 25 years at 3.7%
AED 15,956

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