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3-bed · 2,266 sqftTiara - Ruby, Palm Jumeirah · 10th floor · completed 2009

1005, Tiara - Ruby

Sold prices and rental history: sold 3 times, last in February 2011, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1005 · DLD and Ejari recordsUpdated 15 February 2011
Last soldAED 3.3M15 February 2011
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1005, Tiara - Ruby

What is 1005 worth today?

Last sold for AED 3,300,000 in 2011

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15 Feb 2011SoldReady
AED 3,300,000AED 1,456 per sqft
25 Jan 2011SoldReady
AED 4,341,250AED 1,915 per sqft
11 Mar 2009Sold by developerOff-plan
AED 4,341,250AED 1,915 per sqft

Source: Dubai Land Department. Updated 15 February 2011.

Key facts

Type
3-bed apartment
Size
2,266 sqft
Floor
10th of 12
Parking
2265, 2266
Developer
Zabeel Investments
Completed
2009
Service charge
AED 39,500 /yr
Last sold
AED 3.3M · February 2011
Building
Tiara - Ruby

About 1005, Tiara - Ruby

1005 is a three-bedroom apartment of 2,266 sqft on the 10th floor of Tiara - Ruby, a 12-storey tower in Palm Jumeirah completed in 2009 by Zabeel Investments. It last sold on 15 February 2011 for AED 3,300,000, or AED 1,456 per sqft, 19% below the AED 1,802 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1005 over time

Sales
Unit 1005, each saleTypical three-bed in Tiara - Ruby
4M6M2009201320172021Typical sale price by year: 2009 AED 3,865,265; 2010 AED 3,793,040; 2011 AED 3,942,040; 2013 AED 3,900,000; 2014 AED 6,400,000; 2019 AED 3,600,000; 2022 AED 4,900,000Sold by developer, March 2009: AED 4,341,250 (AED 1,915 per sqft)Sold, January 2011: AED 4,341,250 (AED 1,915 per sqft)Sold, February 2011: AED 3,300,000 (AED 1,456 per sqft)

1005 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1005, each contractTypical three-bed in Tiara - Ruby
200K300K2012201620202024Typical rent by year: 2012 AED 230,000; 2013 AED 265,000; 2014 AED 291,500; 2015 AED 290,000; 2016 AED 286,800; 2017 AED 262,500; 2018 AED 253,169; 2019 AED 235,000; 2020 AED 195,000; 2021 AED 215,000; 2022 AED 227,548; 2023 AED 310,000; 2024 AED 330,000; 2025 AED 327,750; 2026 AED 345,000

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Tiara - Ruby, and where 1005 sits

All 26 3-beds →

1005 last sold in February 2011 at AED 1,456 per sqft, 19% below what three-beds in Tiara - Ruby were fetching at the time (AED 1,802). Over the last 12 months three-beds sold for AED 8,200,000, around AED 3,618 per sqft, and rent for AED 290,000 to 490,000 a year.

Recent 3-bed salesUnit no.Price (AED)Summary
27 Oct 20268,200,000
27 Feb 20258,050,000
4 Jul 20246,200,000
19 Mar 20246,000,000
1 3-bed sale in the last 12 months

Tiara - Ruby

Building

79 apartments, 1-bed to 4-bed over 12 floors in Palm Jumeirah, completed in 2009 by Zabeel Investments. 2 sold in the last 12 months.

Typical price per sqft
AED 3,985
Typical sale
AED 7.75M
Typical rent
AED 250K /yr
Typical yield
3.7%
Tiara - Ruby, Palm Jumeirah: prices, sales and rents →

Other units on the 10th floor

All 79 units in Tiara - Ruby
Value
10012-bedAED 2.73M · Jan 2011
10023-bedAED 4.6M · May 2013
10031-bedAED 2.12M · Feb 2013
10041-bedAED 2.12M · Nov 2011
10062-bedAED 2.73M · Nov 2011

1005, Tiara - Ruby in numbers

  • Sold 3 times: first on 11 March 2009 for AED 4,341,250, last on 15 February 2011 for AED 3,300,000 (AED 1,456 per sqft).
  • Three-beds in Tiara - Ruby sold for AED 8,200,000–8,200,000 in the 12 months to November 2026; the building's median across all types is AED 3,985 per sqft.

Source: Dubai Land Department. Updated 15 February 2011.

Questions about 1005, Tiara - Ruby

What did unit 1005 last sell for?

AED 3,300,000 on 15 February 2011: AED 1,456 per sqft for 2,266 sqft. The unit has 3 registered sales; the first was AED 4,341,250 in March 2009.

How big is unit 1005?

2,266 sqft (210.5 sqm): a three-bedroom apartment on the 10th floor of a 12-storey tower completed in 2009.

What is unit 1005 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Tiara - Ruby sold for AED 8,200,000 to 8,200,000 in the last 12 months, around AED 3,618 per sqft.

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Mortgage on 1005, Tiara - Ruby

Starts from the last sale price (AED 3.3M, 15 February 2011). Switch to today's estimate once you have unlocked it.
Price
AED 3,300,000
Deposit, UAE resident (20%)
AED 660,000
Deposit, non-resident (40%)
AED 1,320,000
Monthly over 25 years at 3.7%
AED 13,501

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