1-bed · 1,296 sqftTiara - Emerald, Palm Jumeirah · 8th floor · completed 2009

803, Tiara - Emerald

Sold prices and rental history: sold 4 times, last in January 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 803 · DLD and Ejari recordsUpdated 31 January 2024
Last soldAED 3.4M31 January 2024
Current rentAED 160K /yr15 August 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 803, Tiara - Emerald

What is 803 worth today?

Last sold for AED 3,400,000 in 2024

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31 Jan 2024SoldReady
AED 3,400,000AED 2,623 per sqft
22 May 2019SoldReady
AED 1,700,000AED 1,311 per sqft
15 Aug 2016RentedNew contract
AED 160,000/yr12 months · AED 124 per sqft
19 May 2015RentedNew contract
AED 160,000/yr12 months · AED 124 per sqft
3 Feb 2015RentedNew contract
AED 175,000/yr12 months · AED 135 per sqft
9 Nov 2014SoldReady
AED 2,825,000AED 2,179 per sqft
1 Jul 2013RentedNew contract
AED 100,000/yr6 months · AED 77 per sqft
3 Feb 2013Sold by developerReady
AED 2,024,555AED 1,562 per sqft

Source: Dubai Land Department. Updated 31 January 2024.

Key facts

Type
1-bed apartment
Size
1,296 sqft
Floor
8th of 12
Parking
2007
Developer
Zabeel Investments
Completed
2009
Service charge
AED 22,600 /yr
Last sold
AED 3.4M · January 2024

About 803, Tiara - Emerald

803 is a one-bedroom apartment of 1,296 sqft on the 8th floor of Tiara - Emerald, a 12-storey tower in Palm Jumeirah completed in 2009 by Zabeel Investments. It last sold on 31 January 2024 for AED 3,400,000, or AED 2,623 per sqft, 14% above the AED 2,296 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 15 August 2016, is AED 160,000 a year: a gross yield of 4.7% on the 2024 price, before the service charge of about AED 22,600 a year.

Sales and rents for 803 over time

Sales
Unit 803, each saleTypical one-bed in Tiara - Emerald
2M4M2009201420192024Typical sale price by year: 2009 AED 1,763,520; 2011 AED 1,782,600; 2012 AED 1,481,871; 2013 AED 1,929,555; 2014 AED 2,306,210; 2015 AED 2,530,000; 2021 AED 1,650,000; 2022 AED 2,400,000; 2023 AED 3,100,000; 2024 AED 3,137,500; 2025 AED 3,900,000; 2026 AED 3,900,000Sold by developer, February 2013: AED 2,024,555 (AED 1,562 per sqft)Sold, November 2014: AED 2,825,000 (AED 2,179 per sqft)Sold, May 2019: AED 1,700,000 (AED 1,311 per sqft)Sold, January 2024: AED 3,400,000 (AED 2,623 per sqft)

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

Rents
Unit 803, each contractTypical one-bed in Tiara - Emerald
100K150K2012201620202024Typical rent by year: 2012 AED 130,000; 2013 AED 140,000; 2014 AED 155,000; 2015 AED 159,116; 2016 AED 150,000; 2017 AED 145,000; 2018 AED 130,000; 2019 AED 125,000; 2020 AED 110,000; 2021 AED 110,000; 2022 AED 135,000; 2023 AED 138,000; 2024 AED 145,000; 2025 AED 160,000; 2026 AED 155,000New contract, July 2013: AED 100,000 a yearNew contract, February 2015: AED 175,000 a yearNew contract, May 2015: AED 160,000 a yearNew contract, August 2016: AED 160,000 a year

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 803 sits

All 34 1-beds →

803 last sold in January 2024 at AED 2,623 per sqft, 14% above what one-beds in Tiara - Emerald were fetching at the time (AED 2,296). 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. 803's AED 160,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
19 May 20264,100,000
9 Feb 20263,900,000
6 Feb 20263,900,000
15 Dec 20253,950,000
4 1-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 8th floor

All 80 units in Tiara - Emerald
Value
8012-bedAED 4.1M · Mar 2023
8023-bedAED 3.73M · Sep 2013
8041-bedAED 2.03M · Feb 2013
8053-bedAED 6.4M · Jul 2024
8062-bedAED 2.6M · Dec 2011

803, Tiara - Emerald in numbers

  • Sold 4 times: first on 3 February 2013 for AED 2,024,555, last on 31 January 2024 for AED 3,400,000 (AED 2,623 per sqft).
  • Rented since July 2013 on 4 Ejari contracts, from AED 100,000 to AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2024 price is 4.7%, 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 31 January 2024.

Questions about 803, Tiara - Emerald

What did unit 803 last sell for?

AED 3,400,000 on 31 January 2024: AED 2,623 per sqft for 1,296 sqft. The unit has 4 registered sales; the first was AED 2,024,555 in February 2013.

What is the rent for unit 803?

AED 160,000 a year on the contract signed on 15 August 2016. The previous contract, from May 2015, was AED 160,000; the unit has been rented since July 2013.

How big is unit 803?

1,296 sqft (120.4 sqm): a one-bedroom apartment on the 8th floor of a 12-storey tower completed in 2009.

What is unit 803 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 803, Tiara - Emerald

Starts from the last sale price (AED 3.4M, 31 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,400,000
Deposit, UAE resident (20%)
AED 680,000
Deposit, non-resident (40%)
AED 1,360,000
Monthly over 25 years at 3.7%
AED 13,910

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