2-bed · 1,677 sqftTiara - Ruby, Palm Jumeirah · 3rd floor · completed 2009

301, Tiara - Ruby

Sold prices and rental history: sold 3 times, last in January 2019, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 301 · DLD and Ejari recordsUpdated 10 January 2019
Last soldAED 3.1M10 January 2019
Current rentAED 187K /yr6 June 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 301, Tiara - Ruby

What is 301 worth today?

Last sold for AED 3,100,000 in 2019

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10 Jan 2019SoldReady
AED 3,100,000AED 1,848 per sqft
6 Jun 2018RentedRenewal
AED 187,400/yr12 months · AED 112 per sqft
6 Jun 2017RentedRenewal
AED 187,400/yr12 months · AED 112 per sqft
6 Jun 2016RentedRenewal
AED 187,400/yr12 months · AED 112 per sqft
6 Jun 2015RentedRenewal
AED 187,400/yr12 months · AED 112 per sqft
6 Jun 2014RentedNew contract
AED 178,500/yr12 months · AED 106 per sqft
6 Jun 2013RentedNew contract
AED 170,000/yr12 months · AED 101 per sqft
6 Jan 2011SoldReady
AED 2,427,500AED 1,447 per sqft

Source: Dubai Land Department. Updated 10 January 2019.

Key facts

Type
2-bed apartment
Size
1,677 sqft
Floor
3rd of 12
Parking
2316
Developer
Zabeel Investments
Completed
2009
Service charge
AED 29,200 /yr
Last sold
AED 3.1M · January 2019
Building
Tiara - Ruby

About 301, Tiara - Ruby

301 is a two-bedroom apartment of 1,677 sqft on the 3rd floor of Tiara - Ruby, a 12-storey tower in Palm Jumeirah completed in 2009 by Zabeel Investments. It last sold on 10 January 2019 for AED 3,100,000, or AED 1,848 per sqft.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 6 June 2018, is AED 187,400 a year: a gross yield of 6.0% on the 2019 price, before the service charge of about AED 29,200 a year.

Sales and rents for 301 over time

Sales
Unit 301, 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 2,427,500 (AED 1,447 per sqft)Sold, January 2011: AED 2,427,500 (AED 1,447 per sqft)Sold, January 2019: AED 3,100,000 (AED 1,848 per sqft)

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

Rents
Unit 301, 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, June 2013: AED 170,000 a yearNew contract, June 2014: AED 178,500 a yearRenewal, June 2015: AED 187,400 a yearRenewal, June 2016: AED 187,400 a yearRenewal, June 2017: AED 187,400 a yearRenewal, June 2018: AED 187,400 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 301 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. 301's AED 187,400 is in the lower 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 3rd floor

All 79 units in Tiara - Ruby
Value
3023-bedAED 4.48M · Mar 2013
3031-bedAED 2.25M · Aug 2021
3041-bedAED 1.95M · Jun 2011
3053-bedAED 8.05M · Feb 2025
3062-bedAED 2.43M · Jan 2014

301, Tiara - Ruby in numbers

  • Sold 3 times: first on 11 March 2009 for AED 2,427,500, last on 10 January 2019 for AED 3,100,000 (AED 1,848 per sqft).
  • Rented since June 2013 on 6 Ejari contracts, from AED 170,000 to AED 187,400 a year.
  • At AED 187,400 a year the gross yield on the 2019 price is 6.0%, 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 10 January 2019.

Questions about 301, Tiara - Ruby

What did unit 301 last sell for?

AED 3,100,000 on 10 January 2019: AED 1,848 per sqft for 1,677 sqft. The unit has 3 registered sales; the first was AED 2,427,500 in March 2009.

What is the rent for unit 301?

AED 187,400 a year on the contract renewed on 6 June 2018. The previous contract, from June 2017, was AED 187,400; the unit has been rented since June 2013.

How big is unit 301?

1,677 sqft (155.8 sqm): a two-bedroom apartment on the 3rd floor of a 12-storey tower completed in 2009.

What is unit 301 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 301, Tiara - Ruby

Starts from the last sale price (AED 3.1M, 10 January 2019). Switch to today's estimate once you have unlocked it.
Price
AED 3,100,000
Deposit, UAE resident (20%)
AED 620,000
Deposit, non-resident (40%)
AED 1,240,000
Monthly over 25 years at 3.7%
AED 12,683

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