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

201, Tiara - Ruby

Sold prices and rental history: sold 5 times, last in September 2013, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 201 · DLD and Ejari recordsUpdated 18 September 2013
Last soldAED 4.08M18 September 2013
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 201, Tiara - Ruby

What is 201 worth today?

Last sold for AED 4,075,000 in 2013

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18 Sep 2013SoldReady
AED 4,075,000AED 2,429 per sqft
19 May 2013SoldReady
AED 3,625,000AED 2,161 per sqft
1 May 2013SoldReady
AED 3,000,000AED 1,788 per sqft
2 Apr 2012SoldReady
AED 2,391,600AED 1,426 per sqft
11 Mar 2009Sold by developerOff-plan
AED 2,391,600AED 1,426 per sqft

Source: Dubai Land Department. Updated 18 September 2013.

Key facts

Type
2-bed apartment
Size
1,677 sqft
Floor
2nd of 12
Parking
2230
Developer
Zabeel Investments
Completed
2009
Service charge
AED 29,200 /yr
Last sold
AED 4.08M · September 2013
Building
Tiara - Ruby

About 201, Tiara - Ruby

201 is a two-bedroom apartment of 1,677 sqft on the 2nd floor of Tiara - Ruby, a 12-storey tower in Palm Jumeirah completed in 2009 by Zabeel Investments. It last sold on 18 September 2013 for AED 4,075,000, or AED 2,429 per sqft, 36% above the AED 1,788 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 201 over time

Sales
Unit 201, 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 2,391,600 (AED 1,426 per sqft)Sold, April 2012: AED 2,391,600 (AED 1,426 per sqft)Sold, May 2013: AED 3,625,000 (AED 2,161 per sqft)Sold, May 2013: AED 3,000,000 (AED 1,788 per sqft)Sold, September 2013: AED 4,075,000 (AED 2,429 per sqft)

201 has sold 5 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 201, 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 256,500

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 201 sits

All 30 2-beds →

201 last sold in September 2013 at AED 2,429 per sqft, 36% above what two-beds in Tiara - Ruby were fetching at the time (AED 1,788). 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.

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 2nd floor

All 79 units in Tiara - Ruby
Value
2023-bedAED 5.7M · Jan 2023
2031-bedAED 1.68M · May 2019
2041-bedAED 1.75M · Jan 2011
2053-bedAED 1.9M · Oct 2014
2062-bedAED 2.39M · Jan 2014

201, Tiara - Ruby in numbers

  • Sold 5 times: first on 11 March 2009 for AED 2,391,600, last on 18 September 2013 for AED 4,075,000 (AED 2,429 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 18 September 2013.

Questions about 201, Tiara - Ruby

What did unit 201 last sell for?

AED 4,075,000 on 18 September 2013: AED 2,429 per sqft for 1,677 sqft. The unit has 5 registered sales; the first was AED 2,391,600 in March 2009.

How big is unit 201?

1,677 sqft (155.8 sqm): a two-bedroom apartment on the 2nd floor of a 12-storey tower completed in 2009.

What is unit 201 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 201, Tiara - Ruby

Starts from the last sale price (AED 4.08M, 18 September 2013). Switch to today's estimate once you have unlocked it.
Price
AED 4,075,000
Deposit, UAE resident (20%)
AED 815,000
Deposit, non-resident (40%)
AED 1,630,000
Monthly over 25 years at 3.7%
AED 16,672

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