1202, Tiara - Ruby
Sold prices and rental history: sold 3 times, last in April 2019, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1202, Tiara - Ruby
What is 1202 worth today?
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Source: Dubai Land Department. Updated 22 April 2019.
Key facts
- Type
- 3-bed apartment
- Size
- 2,266 sqft
- Floor
- 12th of 12
- Parking
- 1136, 1137
- Developer
- Zabeel Investments
- Completed
- 2009
- Service charge
- AED 39,500 /yr
- Last sold
- AED 3.86M · April 2019
- Building
- Tiara - Ruby
About 1202, Tiara - Ruby
1202 is a three-bedroom apartment of 2,266 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 22 April 2019 for AED 3,860,000, or AED 1,703 per sqft.
It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, renewed on 21 June 2017, is AED 300,000 a year: a gross yield of 7.8% on the 2019 price, before the service charge of about AED 39,500 a year.
Sales and rents for 1202 over time
1202 has sold 3 times; the dashed line is the three-bed median of each year in the building.
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 1202 sits
All 26 3-beds →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. 1202's AED 300,000 is in the lower half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Oct 202627 October 2026 | 2,266 sqft | 8,200,000 | 3,618 | ||
| 27 Feb 202527 February 2025 | 2,266 sqft | 8,050,000 | 3,552 | ||
| 4 Jul 20244 July 2024 | 2,266 sqft | 6,200,000 | 2,736 | ||
| 19 Mar 202419 March 2024 | 2,266 sqft | 6,000,000 | 2,647 |
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 | |||||
|---|---|---|---|---|---|
| 1201 | 2-bed | 1,677 sqft | AED 4.26MAED 4,260,000 · May 2022May 2022 | 160,000 /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 |
1202, Tiara - Ruby in numbers
- Sold 3 times: first on 21 March 2013 for AED 3,824,555, last on 22 April 2019 for AED 3,860,000 (AED 1,703 per sqft).
- Rented since June 2013 on 5 Ejari contracts, from AED 280,000 to AED 300,000 a year.
- At AED 300,000 a year the gross yield on the 2019 price is 7.8%, 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 22 April 2019.
Questions about 1202, Tiara - Ruby
What did unit 1202 last sell for?
AED 3,860,000 on 22 April 2019: AED 1,703 per sqft for 2,266 sqft. The unit has 3 registered sales; the first was AED 3,824,555 in March 2013.
What is the rent for unit 1202?
AED 300,000 a year on the contract renewed on 21 June 2017. The previous contract, from June 2016, was AED 299,169; the unit has been rented since June 2013.
How big is unit 1202?
2,266 sqft (210.5 sqm): a three-bedroom apartment on the 12th floor of a 12-storey tower completed in 2009.
What is unit 1202 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 1202, Tiara - Ruby
Starts from the last sale price (AED 3.86M, 22 April 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 3,860,000
- Deposit, UAE resident (20%)
- AED 772,000
- Deposit, non-resident (40%)
- AED 1,544,000
- Monthly over 25 years at 3.7%
- AED 15,792
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →