2-bed · 1,900 sqftTiara - Emerald, Palm Jumeirah · Ground floor · completed 2009

G01, Tiara - Emerald

Sold prices and rental history: sold twice, last in December 2022, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G01 · DLD and Ejari recordsUpdated 5 December 2022
Last soldAED 4M5 December 2022
Current rentAED 140K /yr3 October 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G01, Tiara - Emerald

What is G01 worth today?

Last sold for AED 4,000,000 in 2022

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5 Dec 2022SoldReady
AED 4,000,000AED 2,105 per sqft
3 Oct 2020RentedRenewal
AED 140,000/yr12 months · AED 73 per sqft
3 Oct 2019RentedNew contract
AED 160,000/yr12 months · AED 84 per sqft
1 Oct 2017RentedNew contract
AED 200,000/yr12 months · AED 105 per sqft
15 Jul 2016RentedRenewal
AED 220,000/yr12 months · AED 115 per sqft
15 Jul 2015RentedRenewal
AED 220,000/yr12 months · AED 115 per sqft
15 Jul 2014RentedNew contract
AED 220,000/yr12 months · AED 115 per sqft
23 Sep 2012Sold by developerReady
AED 2,600,000AED 1,368 per sqft

Source: Dubai Land Department. Updated 5 December 2022.

Key facts

Type
2-bed apartment
Size
1,900 sqft
Floor
Ground of 12
Parking
1046
Developer
Zabeel Investments
Completed
2009
Service charge
AED 33,100 /yr
Last sold
AED 4M · December 2022

About G01, Tiara - Emerald

G01 is a two-bedroom apartment of 1,900 sqft on the ground floor of Tiara - Emerald, a 12-storey tower in Palm Jumeirah completed in 2009 by Zabeel Investments. It last sold on 5 December 2022 for AED 4,000,000, or AED 2,105 per sqft, 7% below the AED 2,266 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, renewed on 3 October 2020, is AED 140,000 a year: a gross yield of 3.5% on the 2022 price, before the service charge of about AED 33,100 a year.

Sales and rents for G01 over time

Sales
Unit G01, 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 2,600,000 (AED 1,368 per sqft)Sold, December 2022: AED 4,000,000 (AED 2,105 per sqft)

G01 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit G01, 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, July 2014: AED 220,000 a yearRenewal, July 2015: AED 220,000 a yearRenewal, July 2016: AED 220,000 a yearNew contract, October 2017: AED 200,000 a yearNew contract, October 2019: AED 160,000 a yearRenewal, October 2020: AED 140,000 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 G01 sits

All 30 2-beds →

G01 last sold in December 2022 at AED 2,105 per sqft, 7% below what two-beds in Tiara - Emerald were fetching at the time (AED 2,266). 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. G01's AED 140,000 is at the bottom 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 ground floor

All 80 units in Tiara - Emerald
Value
G021-bedAED 1.71M · Jul 2013
G031-bedAED 1.76M · Dec 2013
G041-bedAED 1.92M · Apr 2013
G051-bedAED 3.1M · Sep 2024
G061-bedAED 2.08M · Feb 2014
G071-bedAED 1.76M · Feb 2013
G082-bedAED 2.65M · May 2012

G01, Tiara - Emerald in numbers

  • Sold twice: first on 23 September 2012 for AED 2,600,000, last on 5 December 2022 for AED 4,000,000 (AED 2,105 per sqft).
  • Rented since July 2014 on 6 Ejari contracts, from AED 220,000 to AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2022 price is 3.5%, before a service charge of about AED 33,100 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 5 December 2022.

Questions about G01, Tiara - Emerald

What did unit G01 last sell for?

AED 4,000,000 on 5 December 2022: AED 2,105 per sqft for 1,900 sqft. The unit has 2 registered sales; the first was AED 2,600,000 in September 2012.

What is the rent for unit G01?

AED 140,000 a year on the contract renewed on 3 October 2020. The previous contract, from October 2019, was AED 160,000; the unit has been rented since July 2014.

How big is unit G01?

1,900 sqft (176.5 sqm): a two-bedroom apartment on the ground floor of a 12-storey tower completed in 2009.

What is unit G01 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 G01, Tiara - Emerald

Starts from the last sale price (AED 4M, 5 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 4,000,000
Deposit, UAE resident (20%)
AED 800,000
Deposit, non-resident (40%)
AED 1,600,000
Monthly over 25 years at 3.7%
AED 16,365

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