1-bed · 1,296 sqftTiara - Ruby, Palm Jumeirah · 12th floor · completed 2009

1203, Tiara - Ruby

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

Unit 1203 · DLD and Ejari recordsUpdated 13 May 2026
Last soldAED 2.17M24 February 2013
Current rentAED 120K /yr13 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1203, Tiara - Ruby

What is 1203 worth today?

Last sold for AED 2,172,500 in 2013

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13 May 2026RentedNew contract
AED 120,000/yr3 months · AED 93 per sqft
13 May 2024RentedNew contract
AED 175,000/yr12 months · AED 135 per sqft
5 Feb 2023RentedRenewal
AED 155,000/yr12 months · AED 120 per sqft
5 Feb 2022RentedRenewal
AED 140,000/yr12 months · AED 108 per sqft
5 Feb 2021RentedRenewal
AED 110,000/yr12 months · AED 85 per sqft
5 Feb 2020RentedNew contract
AED 110,000/yr12 months · AED 85 per sqft
25 Aug 2019RentedRenewal
AED 110,000/yr12 months · AED 85 per sqft
25 Aug 2018RentedNew contract
AED 125,000/yr12 months · AED 97 per sqft

Source: Dubai Land Department. Updated 13 May 2026.

Key facts

Type
1-bed apartment
Size
1,296 sqft
Floor
12th of 12
Parking
1259
Developer
Zabeel Investments
Completed
2009
Service charge
AED 22,600 /yr
Last sold
AED 2.17M · February 2013
Building
Tiara - Ruby

About 1203, Tiara - Ruby

1203 is a one-bedroom apartment of 1,296 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 24 February 2013 for AED 2,172,500, or AED 1,676 per sqft, 5% above the AED 1,590 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, signed on 13 May 2026, is AED 120,000 a year: a gross yield of 5.5% on the 2013 price, before the service charge of about AED 22,600 a year.

Sales and rents for 1203 over time

Sales
Unit 1203, each saleTypical one-bed in Tiara - Ruby
2M4M2009201420192024Typical sale price by year: 2009 AED 1,991,500; 2010 AED 797,500; 2011 AED 1,810,500; 2012 AED 1,829,970; 2013 AED 1,989,055; 2014 AED 2,940,000; 2015 AED 2,850,000; 2021 AED 2,230,000; 2022 AED 2,425,000; 2023 AED 2,490,000; 2025 AED 3,880,000Sold by developer, March 2009: AED 2,172,500 (AED 1,676 per sqft)Sold, February 2013: AED 2,172,500 (AED 1,676 per sqft)

1203 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1203, each contractTypical one-bed in Tiara - Ruby
100K150K2012201620202024Typical rent by year: 2012 AED 110,000; 2013 AED 138,500; 2014 AED 145,200; 2015 AED 150,000; 2016 AED 150,000; 2017 AED 150,000; 2018 AED 135,000; 2019 AED 130,000; 2020 AED 107,500; 2021 AED 110,000; 2022 AED 120,000; 2023 AED 165,000; 2024 AED 175,000; 2025 AED 175,000; 2026 AED 169,772New contract, July 2013: AED 155,000 a yearNew contract, August 2014: AED 160,000 a yearNew contract, September 2015: AED 160,000 a yearNew contract, August 2016: AED 150,000 a yearNew contract, August 2018: AED 125,000 a yearRenewal, August 2019: AED 110,000 a yearNew contract, February 2020: AED 110,000 a yearRenewal, February 2021: AED 110,000 a yearRenewal, February 2022: AED 140,000 a yearRenewal, February 2023: AED 155,000 a yearNew contract, May 2024: AED 175,000 a yearNew contract, May 2026: AED 120,000 a year

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

1-beds in Tiara - Ruby, and where 1203 sits

All 33 1-beds →

1203 last sold in February 2013 at AED 1,676 per sqft, 5% above what one-beds in Tiara - Ruby were fetching at the time (AED 1,590). 1203's AED 120,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
24 Oct 20253,760,000
19 Jun 20254,000,000
5 May 20254,010,000
14 Jan 20253,680,000
0 1-bed sales 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 12th floor

All 79 units in Tiara - Ruby
Value
12012-bedAED 4.26M · May 2022
12023-bedAED 3.86M · Apr 2019
12041-bedAED 1.1M · Feb 2012
12053-bedAED 6.39M · Apr 2023
12062-bedAED 3.15M · Mar 2021

1203, Tiara - Ruby in numbers

  • Sold twice: first on 11 March 2009 for AED 2,172,500, last on 24 February 2013 for AED 2,172,500 (AED 1,676 per sqft).
  • Rented since July 2013 on 12 Ejari contracts, from AED 155,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2013 price is 5.5%, before a service charge of about AED 22,600 a year (AED 17.41 per sqft).

Source: Dubai Land Department. Updated 13 May 2026.

Questions about 1203, Tiara - Ruby

What did unit 1203 last sell for?

AED 2,172,500 on 24 February 2013: AED 1,676 per sqft for 1,296 sqft. The unit has 2 registered sales; the first was AED 2,172,500 in March 2009.

What is the rent for unit 1203?

AED 120,000 a year on the contract signed on 13 May 2026. The previous contract, from May 2024, was AED 175,000; the unit has been rented since July 2013.

How big is unit 1203?

1,296 sqft (120.4 sqm): a one-bedroom apartment on the 12th floor of a 12-storey tower completed in 2009.

What is unit 1203 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 1203, Tiara - Ruby

Starts from the last sale price (AED 2.17M, 24 February 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,172,500
Deposit, UAE resident (20%)
AED 434,500
Deposit, non-resident (40%)
AED 869,000
Monthly over 25 years at 3.7%
AED 8,888

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