3-bed · 2,266 sqftTiara - Ruby, Palm Jumeirah · 11th floor · completed 2009

1102, Tiara - Ruby

Sold prices and rental history: sold once, by the developer in April 2013, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1102 · DLD and Ejari recordsUpdated 16 June 2024
Last soldAED 4.17M8 April 2013
Current rentAED 355K /yr16 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1102, Tiara - Ruby

What is 1102 worth today?

Last sold for AED 4,169,555 in 2013

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16 Jun 2024RentedRenewal
AED 355,000/yr12 months · AED 157 per sqft
16 Jun 2023RentedNew contract
AED 355,000/yr12 months · AED 157 per sqft
10 Oct 2022RentedNew contract
AED 360,000/yr12 months · AED 159 per sqft
29 Sep 2021RentedRenewal
AED 240,000/yr12 months · AED 106 per sqft
29 Sep 2020RentedNew contract
AED 225,000/yr12 months · AED 99 per sqft
25 Dec 2019RentedNew contract
AED 268,508/yr6 months · AED 118 per sqft
25 Dec 2018RentedNew contract
AED 270,000/yr12 months · AED 119 per sqft
11 Jun 2018RentedRenewal
AED 284,000/yr12 months · AED 125 per sqft

Source: Dubai Land Department. Updated 16 June 2024.

Key facts

Type
3-bed apartment
Size
2,266 sqft
Floor
11th of 12
Parking
2235, 2234
Developer
Zabeel Investments
Completed
2009
Service charge
AED 39,500 /yr
Last sold
AED 4.17M · April 2013
Building
Tiara - Ruby

About 1102, Tiara - Ruby

1102 is a three-bedroom apartment of 2,266 sqft on the 11th floor of Tiara - Ruby, a 12-storey tower in Palm Jumeirah completed in 2009 by Zabeel Investments. The developer sold it on 8 April 2013 for AED 4,169,555, or AED 1,840 per sqft, 10% above the AED 1,674 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 13 Ejari contracts. The current contract, renewed on 16 June 2024, is AED 355,000 a year: a gross yield of 8.5% on the 2013 price, before the service charge of about AED 39,500 a year.

Sales and rents for 1102 over time

Sales
Unit 1102, 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, April 2013: AED 4,169,555 (AED 1,840 per sqft)

1102 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1102, 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 345,000New contract, May 2013: AED 280,000 a yearRenewal, May 2014: AED 293,000 a yearNew contract, June 2015: AED 315,000 a yearRenewal, June 2016: AED 315,000 a yearRenewal, June 2017: AED 284,000 a yearRenewal, June 2018: AED 284,000 a yearNew contract, December 2018: AED 270,000 a yearNew contract, December 2019: AED 268,508 a yearNew contract, September 2020: AED 225,000 a yearRenewal, September 2021: AED 240,000 a yearNew contract, October 2022: AED 360,000 a yearNew contract, June 2023: AED 355,000 a yearRenewal, June 2024: AED 355,000 a year

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 1102 sits

All 26 3-beds →

1102 last sold in April 2013 at AED 1,840 per sqft, 10% above what three-beds in Tiara - Ruby were fetching at the time (AED 1,674). 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. 1102's AED 355,000 is in the lower half of that range.

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 11th floor

All 79 units in Tiara - Ruby
Value
11012-bedAED 4.6M · May 2023
11031-bedAED 1.85M · Jan 2012
11041-bedAED 500K · Jul 2011
11053-bedAED 4.95M · Mar 2022
11062-bedAED 4M · Mar 2022

1102, Tiara - Ruby in numbers

  • Sold once: by Zabeel Investments on 8 April 2013 for AED 4,169,555, or AED 1,840 per sqft.
  • Rented since May 2013 on 13 Ejari contracts. The rent fell from AED 280,000 to AED 225,000 in 2020 and recovered to AED 355,000 by June 2024.
  • At AED 355,000 a year the gross yield on the 2013 price is 8.5%, before a service charge of about AED 39,500 a year (AED 17.41 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 16 June 2024.

Questions about 1102, Tiara - Ruby

What did unit 1102 last sell for?

AED 4,169,555 on 8 April 2013, sold by the developer: AED 1,840 per sqft for 2,266 sqft. It is the only registered sale of the unit.

What is the rent for unit 1102?

AED 355,000 a year on the contract renewed on 16 June 2024. The previous contract, from June 2023, was AED 355,000; the unit has been rented since May 2013.

How big is unit 1102?

2,266 sqft (210.5 sqm): a three-bedroom apartment on the 11th floor of a 12-storey tower completed in 2009.

What is unit 1102 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 1102, Tiara - Ruby

Starts from the last sale price (AED 4.17M, 8 April 2013). Switch to today's estimate once you have unlocked it.
Price
AED 4,169,555
Deposit, UAE resident (20%)
AED 833,911
Deposit, non-resident (40%)
AED 1,667,822
Monthly over 25 years at 3.7%
AED 17,059

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