Home
Dubai prices
About
Research
1-bed · 1,869 sqftTiara - Emerald, Palm Jumeirah · completed 2009

P01, Tiara - Emerald

Sold prices and rental history: sold 4 times, last in July 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit P01 · DLD and Ejari recordsUpdated 13 July 2023
Last soldAED 3.2M13 July 2023
Current rentAED 155K /yr15 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow P01

Property timeline for P01, Tiara - Emerald

What is P01 worth today?

Last sold for AED 3,200,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

13 Jul 2023SoldReady
AED 3,200,000AED 1,712 per sqft
15 Aug 2022RentedNew contract
AED 155,000/yr12 months · AED 83 per sqft
1 Aug 2020RentedNew contract
AED 120,000/yr12 months · AED 64 per sqft
18 Jan 2019RentedNew contract
AED 140,000/yr12 months · AED 75 per sqft
29 Aug 2018SoldReady
AED 1,900,000AED 1,016 per sqft
9 Feb 2016SoldReady
AED 2,400,000AED 1,284 per sqft
14 Sep 2015RentedNew contract
AED 150,000/yr12 months · AED 80 per sqft
19 Mar 2013Sold by developerReady
AED 1,901,555AED 1,017 per sqft

Source: Dubai Land Department. Updated 13 July 2023.

Key facts

Type
1-bed apartment
Size
1,869 sqft
Parking
1468, 1469
Developer
Zabeel Investments
Completed
2009
Service charge
AED 32,500 /yr
Last sold
AED 3.2M · July 2023
Building
Tiara - Emerald

About P01, Tiara - Emerald

P01 is a one-bedroom apartment of 1,869 sqft of Tiara - Emerald, a 12-storey tower in Palm Jumeirah completed in 2009 by Zabeel Investments. It last sold on 13 July 2023 for AED 3,200,000, or AED 1,712 per sqft, 6% below the AED 1,828 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 4 Ejari contracts. The current contract, signed on 15 August 2022, is AED 155,000 a year: a gross yield of 4.8% on the 2023 price, before the service charge of about AED 32,500 a year.

Sales and rents for P01 over time

Sales
Unit P01, 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, March 2013: AED 1,901,555 (AED 1,017 per sqft)Sold, February 2016: AED 2,400,000 (AED 1,284 per sqft)Sold, August 2018: AED 1,900,000 (AED 1,016 per sqft)Sold, July 2023: AED 3,200,000 (AED 1,712 per sqft)

P01 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit P01, each contractTypical one-bed in Tiara - Emerald
125K150K2012201620202024Typical 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, September 2015: AED 150,000 a yearNew contract, January 2019: AED 140,000 a yearNew contract, August 2020: AED 120,000 a yearNew contract, August 2022: AED 155,000 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 P01 sits

All 34 1-beds →

P01 last sold in July 2023 at AED 1,712 per sqft, 6% below what one-beds in Tiara - Emerald were fetching at the time (AED 1,828). 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. P01's AED 155,000 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 →

P01, Tiara - Emerald in numbers

  • Sold 4 times: first on 19 March 2013 for AED 1,901,555, last on 13 July 2023 for AED 3,200,000 (AED 1,712 per sqft).
  • Rented since September 2015 on 4 Ejari contracts. The rent fell from AED 150,000 to AED 120,000 in 2020 and recovered to AED 155,000 by August 2022.
  • At AED 155,000 a year the gross yield on the 2023 price is 4.8%, before a service charge of about AED 32,500 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 13 July 2023.

Questions about P01, Tiara - Emerald

What did unit P01 last sell for?

AED 3,200,000 on 13 July 2023: AED 1,712 per sqft for 1,869 sqft. The unit has 4 registered sales; the first was AED 1,901,555 in March 2013.

What is the rent for unit P01?

AED 155,000 a year on the contract signed on 15 August 2022. The previous contract, from August 2020, was AED 120,000; the unit has been rented since September 2015.

How big is unit P01?

1,869 sqft (173.6 sqm): a one-bedroom apartment of a 12-storey tower completed in 2009.

What is unit P01 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.

Selling P01? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on P01, Tiara - Emerald

Starts from the last sale price (AED 3.2M, 13 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,200,000
Deposit, UAE resident (20%)
AED 640,000
Deposit, non-resident (40%)
AED 1,280,000
Monthly over 25 years at 3.7%
AED 13,092

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