2-bed · 1,677 sqftTiara - Ruby, Palm Jumeirah · 1st floor · completed 2009

106, Tiara - Ruby

Sold prices and rental history: sold 4 times, last in September 2012, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 106 · DLD and Ejari recordsUpdated 29 September 2021
Last soldAED 3.11M27 September 2012
Current rentAED 165K /yr29 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 106, Tiara - Ruby

What is 106 worth today?

Last sold for AED 3,106,500 in 2012

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29 Sep 2021RentedRenewal
AED 165,000/yr12 months · AED 99 per sqft
1 May 2013RentedNew contract
AED 173,250/yr12 months · AED 103 per sqft
27 Sep 2012SoldReady
AED 3,106,500AED 1,852 per sqft
22 May 2012SoldReady
AED 2,450,000AED 1,460 per sqft
23 Jan 2012SoldReady
AED 1,207,553AED 720 per sqft
23 Mar 2009Sold by developerOff-plan
AED 1,195,800AED 713 per sqft

Source: Dubai Land Department. Updated 29 September 2021.

Key facts

Type
2-bed apartment
Size
1,677 sqft
Floor
1st of 12
Parking
2272
Developer
Zabeel Investments
Completed
2009
Service charge
AED 29,200 /yr
Last sold
AED 3.11M · September 2012
Building
Tiara - Ruby

About 106, Tiara - Ruby

106 is a two-bedroom apartment of 1,677 sqft on the 1st floor of Tiara - Ruby, a 12-storey tower in Palm Jumeirah completed in 2009 by Zabeel Investments. It last sold on 27 September 2012 for AED 3,106,500, or AED 1,852 per sqft, 20% above the AED 1,540 two-beds in the building were fetching at the time.

It has been rented since 2013 on 2 Ejari contracts. The current contract, renewed on 29 September 2021, is AED 165,000 a year: a gross yield of 5.3% on the 2012 price, before the service charge of about AED 29,200 a year.

Sales and rents for 106 over time

Sales
Unit 106, each saleTypical two-bed in Tiara - Ruby
2M4M2009201320172021Typical sale price by year: 2009 AED 2,600,055; 2010 AED 2,475,000; 2011 AED 2,672,650; 2012 AED 2,618,800; 2013 AED 3,300,000; 2014 AED 4,000,000; 2019 AED 3,100,000; 2021 AED 3,100,000; 2022 AED 4,000,000Sold by developer, March 2009: AED 1,195,800 (AED 713 per sqft)Sold, January 2012: AED 1,207,553 (AED 720 per sqft)Sold, May 2012: AED 2,450,000 (AED 1,460 per sqft)Sold, September 2012: AED 3,106,500 (AED 1,852 per sqft)

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

Rents
Unit 106, each contractTypical two-bed in Tiara - Ruby
150K200K250K2012201620202024Typical rent by year: 2012 AED 189,723; 2013 AED 195,000; 2014 AED 200,000; 2015 AED 210,000; 2016 AED 205,000; 2017 AED 205,000; 2018 AED 192,500; 2019 AED 175,000; 2020 AED 164,000; 2021 AED 172,500; 2022 AED 182,391; 2023 AED 250,000; 2024 AED 260,000; 2025 AED 253,000; 2026 AED 256,500New contract, May 2013: AED 173,250 a yearRenewal, September 2021: AED 165,000 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 - Ruby, and where 106 sits

All 30 2-beds →

106 last sold in September 2012 at AED 1,852 per sqft, 20% above what two-beds in Tiara - Ruby were fetching at the time (AED 1,540). Over the last 12 months two-beds sold for AED 7,300,000, around AED 4,352 per sqft, and rent for AED 90,000 to 335,000 a year. 106's AED 165,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
14 Jan 20267,300,000
11 Aug 20255,750,000
6 May 20245,000,000
26 May 20234,600,000
1 2-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 1st floor

All 79 units in Tiara - Ruby
Value
1012-bedAED 2.74M · Mar 2019
1023-bedAED 6M · Mar 2024
1031-bedAED 4M · Jun 2025
1041-bedAED 1.7M · Aug 2013
1053-bedAED 4.2M · Feb 2013

106, Tiara - Ruby in numbers

  • Sold 4 times: first on 23 March 2009 for AED 1,195,800, last on 27 September 2012 for AED 3,106,500 (AED 1,852 per sqft).
  • Rented since May 2013 on 2 Ejari contracts, from AED 173,250 to AED 165,000 a year.
  • At AED 165,000 a year the gross yield on the 2012 price is 5.3%, before a service charge of about AED 29,200 a year (AED 17.41 per sqft).
  • Two-beds in Tiara - Ruby sold for AED 7,300,000–7,300,000 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 29 September 2021.

Questions about 106, Tiara - Ruby

What did unit 106 last sell for?

AED 3,106,500 on 27 September 2012: AED 1,852 per sqft for 1,677 sqft. The unit has 4 registered sales; the first was AED 1,195,800 in March 2009.

What is the rent for unit 106?

AED 165,000 a year on the contract renewed on 29 September 2021. The previous contract, from May 2013, was AED 173,250.

How big is unit 106?

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

What is unit 106 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Tiara - Ruby sold for AED 7,300,000 to 7,300,000 in the last 12 months, around AED 4,352 per sqft.

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Mortgage on 106, Tiara - Ruby

Starts from the last sale price (AED 3.11M, 27 September 2012). Switch to today's estimate once you have unlocked it.
Price
AED 3,106,500
Deposit, UAE resident (20%)
AED 621,300
Deposit, non-resident (40%)
AED 1,242,600
Monthly over 25 years at 3.7%
AED 12,710

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