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1-bed · 1,296 sqftTiara - Ruby, Palm Jumeirah · 3rd floor · completed 2009

303, Tiara - Ruby

Sold prices and rental history: sold 5 times, last in August 2021, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 303 · DLD and Ejari recordsUpdated 3 August 2021
Last soldAED 2.25M3 August 2021
Current rentAED 125K /yr14 April 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 303, Tiara - Ruby

What is 303 worth today?

Last sold for AED 2,250,000 in 2021

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3 Aug 2021SoldReady
AED 2,250,000AED 1,736 per sqft
14 Apr 2021RentedNew contract
AED 125,000/yr12 months · AED 97 per sqft
30 Dec 2015SoldReady
AED 2,500,000AED 1,929 per sqft
31 Oct 2015RentedRenewal
AED 140,000/yr12 months · AED 108 per sqft
31 Oct 2014RentedNew contract
AED 140,000/yr12 months · AED 108 per sqft
3 Jul 2014SoldReady
AED 3,150,000AED 2,430 per sqft
30 Jan 2012SoldReady
AED 1,604,340AED 1,237 per sqft
2 Mar 2009Sold by developerOff-plan
AED 1,782,600AED 1,375 per sqft

Source: Dubai Land Department. Updated 3 August 2021.

Key facts

Type
1-bed apartment
Size
1,296 sqft
Floor
3rd of 12
Parking
1250
Developer
Zabeel Investments
Completed
2009
Service charge
AED 22,600 /yr
Last sold
AED 2.25M · August 2021
Building
Tiara - Ruby

About 303, Tiara - Ruby

303 is a one-bedroom apartment of 1,296 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 3 August 2021 for AED 2,250,000, or AED 1,736 per sqft.

It has been rented since 2014 on 3 Ejari contracts. The current contract, signed on 14 April 2021, is AED 125,000 a year: a gross yield of 5.6% on the 2021 price, before the service charge of about AED 22,600 a year.

Sales and rents for 303 over time

Sales
Unit 303, 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 1,782,600 (AED 1,375 per sqft)Sold, January 2012: AED 1,604,340 (AED 1,237 per sqft)Sold, July 2014: AED 3,150,000 (AED 2,430 per sqft)Sold, December 2015: AED 2,500,000 (AED 1,929 per sqft)Sold, August 2021: AED 2,250,000 (AED 1,736 per sqft)

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

Rents
Unit 303, 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, October 2014: AED 140,000 a yearRenewal, October 2015: AED 140,000 a yearNew contract, April 2021: AED 125,000 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 303 sits

All 33 1-beds →

303's AED 125,000 is in the lower half 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 3rd floor

All 79 units in Tiara - Ruby
Value
3012-bedAED 3.1M · Jan 2019
3023-bedAED 4.48M · Mar 2013
3041-bedAED 1.95M · Jun 2011
3053-bedAED 8.05M · Feb 2025
3062-bedAED 2.43M · Jan 2014

303, Tiara - Ruby in numbers

  • Sold 5 times: first on 2 March 2009 for AED 1,782,600, last on 3 August 2021 for AED 2,250,000 (AED 1,736 per sqft).
  • Rented since October 2014 on 3 Ejari contracts, from AED 140,000 to AED 125,000 a year.
  • At AED 125,000 a year the gross yield on the 2021 price is 5.6%, before a service charge of about AED 22,600 a year (AED 17.41 per sqft).

Source: Dubai Land Department. Updated 3 August 2021.

Questions about 303, Tiara - Ruby

What did unit 303 last sell for?

AED 2,250,000 on 3 August 2021: AED 1,736 per sqft for 1,296 sqft. The unit has 5 registered sales; the first was AED 1,782,600 in March 2009.

What is the rent for unit 303?

AED 125,000 a year on the contract signed on 14 April 2021. The previous contract, from October 2015, was AED 140,000; the unit has been rented since October 2014.

How big is unit 303?

1,296 sqft (120.4 sqm): a one-bedroom apartment on the 3rd floor of a 12-storey tower completed in 2009.

What is unit 303 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 303, Tiara - Ruby

Starts from the last sale price (AED 2.25M, 3 August 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,250,000
Deposit, UAE resident (20%)
AED 450,000
Deposit, non-resident (40%)
AED 900,000
Monthly over 25 years at 3.7%
AED 9,205

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