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

G08, Tiara - Emerald

Sold prices and rental history: sold once, by the developer in May 2012, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G08 · DLD and Ejari recordsUpdated 18 October 2024
Last soldAED 2.65M2 May 2012
Current rentAED 300K /yr18 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for G08, Tiara - Emerald

What is G08 worth today?

Last sold for AED 2,650,000 in 2012

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18 Oct 2024RentedNew contract
AED 300,000/yr12 months · AED 157 per sqft
10 Oct 2022RentedNew contract
AED 275,000/yr12 months · AED 144 per sqft
2 May 2012Sold by developerReady
AED 2,650,000AED 1,394 per sqft

Source: Dubai Land Department. Updated 18 October 2024.

Key facts

Type
2-bed apartment
Size
1,900 sqft
Floor
Ground of 12
Parking
2027
Developer
Zabeel Investments
Completed
2009
Service charge
AED 33,100 /yr
Last sold
AED 2.65M · May 2012
Building
Tiara - Emerald

About G08, Tiara - Emerald

G08 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. The developer sold it on 2 May 2012 for AED 2,650,000, or AED 1,394 per sqft, 10% below the AED 1,545 two-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 18 October 2024, is AED 300,000 a year: a gross yield of 11.3% on the 2012 price, before the service charge of about AED 33,100 a year.

Sales and rents for G08 over time

Sales
Unit G08, 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, May 2012: AED 2,650,000 (AED 1,394 per sqft)

G08 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit G08, 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, October 2022: AED 275,000 a yearNew contract, October 2024: AED 300,000 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 G08 sits

All 30 2-beds →

G08 last sold in May 2012 at AED 1,394 per sqft, 10% below what two-beds in Tiara - Emerald were fetching at the time (AED 1,545). 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. G08's AED 300,000 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 ground floor

All 80 units in Tiara - Emerald
Value
G012-bedAED 4M · Dec 2022
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

G08, Tiara - Emerald in numbers

  • Sold once: by Zabeel Investments on 2 May 2012 for AED 2,650,000, or AED 1,394 per sqft.
  • Rented since October 2022 on 2 Ejari contracts, from AED 275,000 to AED 300,000 a year.
  • At AED 300,000 a year the gross yield on the 2012 price is 11.3%, 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 18 October 2024.

Questions about G08, Tiara - Emerald

What did unit G08 last sell for?

AED 2,650,000 on 2 May 2012, sold by the developer: AED 1,394 per sqft for 1,900 sqft. It is the only registered sale of the unit.

What is the rent for unit G08?

AED 300,000 a year on the contract signed on 18 October 2024. The previous contract, from October 2022, was AED 275,000.

How big is unit G08?

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 G08 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 G08, Tiara - Emerald

Starts from the last sale price (AED 2.65M, 2 May 2012). Switch to today's estimate once you have unlocked it.
Price
AED 2,650,000
Deposit, UAE resident (20%)
AED 530,000
Deposit, non-resident (40%)
AED 1,060,000
Monthly over 25 years at 3.7%
AED 10,842

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