1201, Tiara - Ruby
Sold prices and rental history: sold 5 times, last in May 2022, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1201, Tiara - Ruby
What is 1201 worth today?
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Source: Dubai Land Department. Updated 27 May 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,677 sqft
- Floor
- 12th of 12
- Parking
- 2239&2172
- Developer
- Zabeel Investments
- Completed
- 2009
- Service charge
- AED 29,200 /yr
- Last sold
- AED 4.26M · May 2022
- Building
- Tiara - Ruby
About 1201, Tiara - Ruby
1201 is a two-bedroom apartment of 1,677 sqft on the 12th floor of Tiara - Ruby, a 12-storey tower in Palm Jumeirah completed in 2009 by Zabeel Investments. It last sold on 27 May 2022 for AED 4,260,000, or AED 2,540 per sqft, 6% above the AED 2,385 two-beds in the building were fetching at the time.
It has been rented since 2019 on 3 Ejari contracts. The current contract, renewed on 1 November 2021, is AED 160,000 a year: a gross yield of 3.8% on the 2022 price, before the service charge of about AED 29,200 a year.
Sales and rents for 1201 over time
1201 has sold 5 times; the dashed line is the two-bed median of each year in the building.
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 1201 sits
All 30 2-beds →1201 last sold in May 2022 at AED 2,540 per sqft, 6% above what two-beds in Tiara - Ruby were fetching at the time (AED 2,385). 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. 1201's AED 160,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 14 Jan 202614 January 2026 | 1,677 sqft | 7,300,000 | 4,352 | ||
| 11 Aug 202511 August 2025 | 1,677 sqft | 5,750,000 | 3,428 | ||
| 6 May 20246 May 2024 | 1,677 sqft | 5,000,000 | 2,981 | ||
| 26 May 202326 May 2023 | 1,677 sqft | 4,600,000 | 2,742 |
Tiara - Ruby
Building79 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%
Other units on the 12th floor
All 79 units in Tiara - Ruby| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1202 | 3-bed | 2,266 sqft | AED 3.86MAED 3,860,000 · Apr 2019April 2019 | 300,000 /yr | |
| 1203 | 1-bed | 1,296 sqft | AED 2.17MAED 2,172,500 · Feb 2013February 2013 | 120,000 /yr | |
| 1204 | 1-bed | 1,296 sqft | AED 1.1MAED 1,095,000 · Feb 2012February 2012 | 200,000 /yr | |
| 1205 | 3-bed | 2,266 sqft | AED 6.39MAED 6,385,000 · Apr 2023April 2023 | 600,000 /yr | |
| 1206 | 2-bed | 1,677 sqft | AED 3.15MAED 3,150,000 · Mar 2021March 2021 | 250,000 /yr |
1201, Tiara - Ruby in numbers
- Sold 5 times: first on 25 January 2010 for AED 2,950,000, last on 27 May 2022 for AED 4,260,000 (AED 2,540 per sqft).
- Rented since October 2019 on 3 Ejari contracts, from AED 175,000 to AED 160,000 a year.
- At AED 160,000 a year the gross yield on the 2022 price is 3.8%, 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 27 May 2022.
Questions about 1201, Tiara - Ruby
What did unit 1201 last sell for?
AED 4,260,000 on 27 May 2022: AED 2,540 per sqft for 1,677 sqft. The unit has 5 registered sales; the first was AED 2,950,000 in January 2010.
What is the rent for unit 1201?
AED 160,000 a year on the contract renewed on 1 November 2021. The previous contract, from November 2020, was AED 150,000; the unit has been rented since October 2019.
How big is unit 1201?
1,677 sqft (155.8 sqm): a two-bedroom apartment on the 12th floor of a 12-storey tower completed in 2009.
What is unit 1201 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 1201, Tiara - Ruby
Starts from the last sale price (AED 4.26M, 27 May 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 4,260,000
- Deposit, UAE resident (20%)
- AED 852,000
- Deposit, non-resident (40%)
- AED 1,704,000
- Monthly over 25 years at 3.7%
- AED 17,429
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →