402, Tiara - Ruby
Sold prices and rental history: sold 3 times, last in December 2014, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 402, Tiara - Ruby
What is 402 worth today?
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Source: Dubai Land Department. Updated 1 December 2022.
Key facts
- Type
- 3-bed apartment
- Size
- 2,266 sqft
- Floor
- 4th of 12
- Parking
- 2114.2127
- Developer
- Zabeel Investments
- Completed
- 2009
- Service charge
- AED 39,500 /yr
- Last sold
- AED 7M · December 2014
- Building
- Tiara - Ruby
About 402, Tiara - Ruby
402 is a three-bedroom apartment of 2,266 sqft on the 4th floor of Tiara - Ruby, a 12-storey tower in Palm Jumeirah completed in 2009 by Zabeel Investments. It last sold on 16 December 2014 for AED 7,000,000, or AED 3,089 per sqft, 9% above the AED 2,824 three-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 1 December 2022, is AED 225,000 a year: a gross yield of 3.2% on the 2014 price, before the service charge of about AED 39,500 a year.
Sales and rents for 402 over time
402 has sold 3 times; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Tiara - Ruby, and where 402 sits
All 26 3-beds →402 last sold in December 2014 at AED 3,089 per sqft, 9% above what three-beds in Tiara - Ruby were fetching at the time (AED 2,824). Over the last 12 months three-beds sold for AED 8,200,000, around AED 3,618 per sqft, and rent for AED 290,000 to 490,000 a year. 402's AED 225,000 is at the bottom of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Oct 202627 October 2026 | 2,266 sqft | 8,200,000 | 3,618 | ||
| 27 Feb 202527 February 2025 | 2,266 sqft | 8,050,000 | 3,552 | ||
| 4 Jul 20244 July 2024 | 2,266 sqft | 6,200,000 | 2,736 | ||
| 19 Mar 202419 March 2024 | 2,266 sqft | 6,000,000 | 2,647 |
Tiara - Ruby
Building79 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%
Other units on the 4th floor
All 79 units in Tiara - Ruby| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 1,677 sqft | AED 2.46MAED 2,463,400 · Dec 2012December 2012 | 253,000 /yr | |
| 403 | 1-bed | 1,296 sqft | AED 4.01MAED 4,010,000 · May 2025May 2025 | 160,000 /yr | |
| 404 | 1-bed | 1,296 sqft | AED 1.83MAED 1,825,000 · Apr 2011April 2011 | ||
| 405 | 3-bed | 2,266 sqft | AED 4.08MAED 4,084,080 · Feb 2011February 2011 | 330,000 /yr | |
| 406 | 2-bed | 1,677 sqft | AED 7.3MAED 7,300,000 · Jan 2026January 2026 | 310,000 /yr |
402, Tiara - Ruby in numbers
- Sold 3 times: first on 10 April 2013 for AED 3,552,555, last on 16 December 2014 for AED 7,000,000 (AED 3,089 per sqft).
- Rented since January 2013 on 4 Ejari contracts. The rent fell from AED 260,000 to AED 154,000 in 2020 and recovered to AED 225,000 by December 2022.
- At AED 225,000 a year the gross yield on the 2014 price is 3.2%, before a service charge of about AED 39,500 a year (AED 17.41 per sqft).
- Three-beds in Tiara - Ruby sold for AED 8,200,000–8,200,000 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 1 December 2022.
Questions about 402, Tiara - Ruby
What did unit 402 last sell for?
AED 7,000,000 on 16 December 2014: AED 3,089 per sqft for 2,266 sqft. The unit has 3 registered sales; the first was AED 3,552,555 in April 2013.
What is the rent for unit 402?
AED 225,000 a year on the contract signed on 1 December 2022. The previous contract, from December 2020, was AED 154,000; the unit has been rented since January 2013.
How big is unit 402?
2,266 sqft (210.5 sqm): a three-bedroom apartment on the 4th floor of a 12-storey tower completed in 2009.
What is unit 402 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Tiara - Ruby sold for AED 8,200,000 to 8,200,000 in the last 12 months, around AED 3,618 per sqft.
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Mortgage on 402, Tiara - Ruby
Starts from the last sale price (AED 7M, 16 December 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 7,000,000
- Deposit, UAE resident (20%)
- AED 1,400,000
- Deposit, non-resident (40%)
- AED 2,800,000
- Monthly over 25 years at 3.7%
- AED 28,639
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →