2-bed · 1,677 sqftTiara - Ruby, Palm Jumeirah · 12th floor · completed 2009

1206, Tiara - Ruby

Sold prices and rental history: sold 3 times, last in March 2021, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1206 · DLD and Ejari recordsUpdated 7 July 2026
Last soldAED 3.15M28 March 2021
Current rentAED 250K /yr7 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1206, Tiara - Ruby

What is 1206 worth today?

Last sold for AED 3,150,000 in 2021

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7 Jul 2026RentedNew contract
AED 250,000/yr12 months · AED 149 per sqft
28 Jan 2026RentedRenewal
AED 194,252/yr3 months · AED 116 per sqft
28 Jan 2025RentedRenewal
AED 194,250/yr12 months · AED 116 per sqft
28 Jan 2025RentedRenewal
AED 194,250/yr12 months · AED 116 per sqft
28 Jan 2024RentedRenewal
AED 185,000/yr12 months · AED 111 per sqft
28 Jan 2023RentedRenewal
AED 175,000/yr12 months · AED 105 per sqft
28 Jan 2022RentedNew contract
AED 175,000/yr12 months · AED 104 per sqft
28 Mar 2021SoldReady
AED 3,150,000AED 1,878 per sqft

Source: Dubai Land Department. Updated 7 July 2026.

Key facts

Type
2-bed apartment
Size
1,677 sqft
Floor
12th of 12
Parking
2173
Developer
Zabeel Investments
Completed
2009
Service charge
AED 29,200 /yr
Last sold
AED 3.15M · March 2021
Building
Tiara - Ruby

About 1206, Tiara - Ruby

1206 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 28 March 2021 for AED 3,150,000, or AED 1,878 per sqft.

It has been rented continuously since 2014 on 15 Ejari contracts. The current contract, signed on 7 July 2026, is AED 250,000 a year: a gross yield of 7.9% on the 2021 price, before the service charge of about AED 29,200 a year.

Sales and rents for 1206 over time

Sales
Unit 1206, each saleTypical two-bed in Tiara - Ruby
3M4M2009201320172021Typical 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 2,798,200 (AED 1,668 per sqft)Sold, May 2014: AED 2,798,200 (AED 1,668 per sqft)Sold, March 2021: AED 3,150,000 (AED 1,878 per sqft)

1206 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1206, 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 2014: AED 210,000 a yearNew contract, May 2016: AED 237,999 a yearNew contract, January 2017: AED 230,000 a yearRenewal, January 2018: AED 230,000 a yearNew contract, May 2018: AED 195,000 a yearRenewal, April 2019: AED 188,950 a yearRenewal, May 2020: AED 184,500 a yearNew contract, January 2021: AED 175,000 a yearNew contract, January 2022: AED 175,000 a yearRenewal, January 2023: AED 175,000 a yearRenewal, January 2024: AED 185,000 a yearRenewal, January 2025: AED 194,250 a yearRenewal, January 2025: AED 194,250 a yearRenewal, January 2026: AED 194,252 a yearNew contract, July 2026: AED 250,000 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 1206 sits

All 30 2-beds →

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. 1206's AED 250,000 is in the upper 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 12th floor

All 79 units in Tiara - Ruby
Value
12012-bedAED 4.26M · May 2022
12023-bedAED 3.86M · Apr 2019
12031-bedAED 2.17M · Feb 2013
12041-bedAED 1.1M · Feb 2012
12053-bedAED 6.39M · Apr 2023

1206, Tiara - Ruby in numbers

  • Sold 3 times: first on 11 March 2009 for AED 2,798,200, last on 28 March 2021 for AED 3,150,000 (AED 1,878 per sqft).
  • Rented since May 2014 on 15 Ejari contracts. The rent fell from AED 210,000 to AED 175,000 in 2023 and recovered to AED 250,000 by July 2026.
  • At AED 250,000 a year the gross yield on the 2021 price is 7.9%, 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 7 July 2026.

Questions about 1206, Tiara - Ruby

What did unit 1206 last sell for?

AED 3,150,000 on 28 March 2021: AED 1,878 per sqft for 1,677 sqft. The unit has 3 registered sales; the first was AED 2,798,200 in March 2009.

What is the rent for unit 1206?

AED 250,000 a year on the contract signed on 7 July 2026. The previous contract, from January 2026, was AED 194,252; the unit has been rented since May 2014.

How big is unit 1206?

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 1206 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 1206, Tiara - Ruby

Starts from the last sale price (AED 3.15M, 28 March 2021). Switch to today's estimate once you have unlocked it.
Price
AED 3,150,000
Deposit, UAE resident (20%)
AED 630,000
Deposit, non-resident (40%)
AED 1,260,000
Monthly over 25 years at 3.7%
AED 12,888

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