2-bed · 1,677 sqftTiara - Emerald, Palm Jumeirah · 9th floor · completed 2009

901, Tiara - Emerald

Sold prices and rental history: sold 3 times, last in June 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 901 · DLD and Ejari recordsUpdated 13 June 2024
Last soldAED 5.5M13 June 2024
Current rentAED 360K /yr15 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 901, Tiara - Emerald

What is 901 worth today?

Last sold for AED 5,500,000 in 2024

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13 Jun 2024SoldReady
AED 5,500,000AED 3,279 per sqft
15 Aug 2023RentedNew contract
AED 360,000/yr12 months · AED 214 per sqft
12 Apr 2023SoldReady
AED 3,000,000AED 1,788 per sqft
20 Feb 2022RentedRenewal
AED 160,000/yr12 months · AED 95 per sqft
20 Feb 2021RentedNew contract
AED 160,000/yr12 months · AED 95 per sqft
11 Jul 2020RentedRenewal
AED 195,000/yr6 months · AED 116 per sqft
11 Jul 2019RentedRenewal
AED 195,000/yr12 months · AED 116 per sqft
11 Jul 2018RentedNew contract
AED 195,000/yr12 months · AED 116 per sqft

Source: Dubai Land Department. Updated 13 June 2024.

Key facts

Type
2-bed apartment
Size
1,677 sqft
Floor
9th of 12
Parking
2053
Developer
Zabeel Investments
Completed
2009
Service charge
AED 29,200 /yr
Last sold
AED 5.5M · June 2024

About 901, Tiara - Emerald

901 is a two-bedroom apartment of 1,677 sqft on the 9th floor of Tiara - Emerald, a 12-storey tower in Palm Jumeirah completed in 2009 by Zabeel Investments. It last sold on 13 June 2024 for AED 5,500,000, or AED 3,279 per sqft, 28% above the AED 2,564 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, signed on 15 August 2023, is AED 360,000 a year: a gross yield of 6.6% on the 2024 price, before the service charge of about AED 29,200 a year.

Sales and rents for 901 over time

Sales
Unit 901, 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, September 2012: AED 2,800,000 (AED 1,669 per sqft)Sold, April 2023: AED 3,000,000 (AED 1,788 per sqft)Sold, June 2024: AED 5,500,000 (AED 3,279 per sqft)

901 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 901, each contractTypical two-bed in Tiara - Emerald
200K300K2013201720212025Typical 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, September 2014: AED 258,000 a yearRenewal, September 2015: AED 258,000 a yearNew contract, December 2016: AED 198,000 a yearNew contract, July 2018: AED 195,000 a yearRenewal, July 2019: AED 195,000 a yearRenewal, July 2020: AED 195,000 a yearNew contract, February 2021: AED 160,000 a yearRenewal, February 2022: AED 160,000 a yearNew contract, August 2023: AED 360,000 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 901 sits

All 30 2-beds →

901 last sold in June 2024 at AED 3,279 per sqft, 28% above what two-beds in Tiara - Emerald were fetching at the time (AED 2,564). 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. 901's AED 360,000 is at the top 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 9th floor

All 80 units in Tiara - Emerald
Value
9023-bedAED 5.8M · Oct 2024
9031-bedAED 2.05M · Dec 2012
9041-bedAED 3.9M · May 2025
9053-bedAED 5.7M · Mar 2024
9062-bedAED 1.35M · Jun 2011

901, Tiara - Emerald in numbers

  • Sold 3 times: first on 23 September 2012 for AED 2,800,000, last on 13 June 2024 for AED 5,500,000 (AED 3,279 per sqft).
  • Rented since September 2014 on 9 Ejari contracts. The rent fell from AED 258,000 to AED 160,000 in 2022 and recovered to AED 360,000 by August 2023.
  • At AED 360,000 a year the gross yield on the 2024 price is 6.6%, 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 13 June 2024.

Questions about 901, Tiara - Emerald

What did unit 901 last sell for?

AED 5,500,000 on 13 June 2024: AED 3,279 per sqft for 1,677 sqft. The unit has 3 registered sales; the first was AED 2,800,000 in September 2012.

What is the rent for unit 901?

AED 360,000 a year on the contract signed on 15 August 2023. The previous contract, from February 2022, was AED 160,000; the unit has been rented since September 2014.

How big is unit 901?

1,677 sqft (155.8 sqm): a two-bedroom apartment on the 9th floor of a 12-storey tower completed in 2009.

What is unit 901 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 901, Tiara - Emerald

Starts from the last sale price (AED 5.5M, 13 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 5,500,000
Deposit, UAE resident (20%)
AED 1,100,000
Deposit, non-resident (40%)
AED 2,200,000
Monthly over 25 years at 3.7%
AED 22,502

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