3-bed · 2,266 sqftTiara - Ruby, Palm Jumeirah · 5th floor · completed 2009

505, Tiara - Ruby

Sold prices and rental history: sold 3 times, last in August 2019, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 505 · DLD and Ejari recordsUpdated 1 October 2026
Last soldAED 3.6M7 August 2019
Current rentAED 300K /yr1 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 505, Tiara - Ruby

What is 505 worth today?

Last sold for AED 3,600,000 in 2019

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1 Oct 2026RentedRenewal
AED 300,000/yr12 months · AED 132 per sqft
1 Oct 2025RentedNew contract
AED 300,000/yr12 months · AED 132 per sqft
1 Oct 2024RentedRenewal
AED 300,000/yr12 months · AED 132 per sqft
1 Oct 2023RentedRenewal
AED 300,000/yr12 months · AED 132 per sqft
1 Oct 2022RentedRenewal
AED 185,000/yr12 months · AED 81 per sqft
1 Oct 2021RentedRenewal
AED 185,000/yr12 months · AED 81 per sqft
1 Oct 2020RentedRenewal
AED 185,000/yr12 months · AED 81 per sqft
1 Oct 2019RentedNew contract
AED 220,000/yr12 months · AED 97 per sqft

Source: Dubai Land Department. Updated 1 October 2026.

Key facts

Type
3-bed apartment
Size
2,266 sqft
Floor
5th of 12
Parking
2118, 2119
Developer
Zabeel Investments
Completed
2009
Service charge
AED 39,500 /yr
Last sold
AED 3.6M · August 2019
Building
Tiara - Ruby

About 505, Tiara - Ruby

505 is a three-bedroom apartment of 2,266 sqft on the 5th floor of Tiara - Ruby, a 12-storey tower in Palm Jumeirah completed in 2009 by Zabeel Investments. It last sold on 7 August 2019 for AED 3,600,000, or AED 1,588 per sqft.

It has been rented continuously since 2017 on 10 Ejari contracts. The current contract, renewed on 1 October 2026, is AED 300,000 a year: a gross yield of 8.3% on the 2019 price, before the service charge of about AED 39,500 a year.

Sales and rents for 505 over time

Sales
Unit 505, each saleTypical three-bed in Tiara - Ruby
4M6M2009201320172021Typical sale price by year: 2009 AED 3,865,265; 2010 AED 3,793,040; 2011 AED 3,942,040; 2013 AED 3,900,000; 2014 AED 6,400,000; 2019 AED 3,600,000; 2022 AED 4,900,000Sold by developer, February 2013: AED 3,700,555 (AED 1,633 per sqft)Sold, November 2013: AED 5,250,000 (AED 2,316 per sqft)Sold, August 2019: AED 3,600,000 (AED 1,588 per sqft)

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

Rents
Unit 505, each contractTypical three-bed in Tiara - Ruby
200K300K2012201620202024Typical rent by year: 2012 AED 230,000; 2013 AED 265,000; 2014 AED 291,500; 2015 AED 290,000; 2016 AED 286,800; 2017 AED 262,500; 2018 AED 253,169; 2019 AED 235,000; 2020 AED 195,000; 2021 AED 215,000; 2022 AED 227,548; 2023 AED 310,000; 2024 AED 330,000; 2025 AED 327,750; 2026 AED 345,000New contract, July 2017: AED 240,000 a yearRenewal, July 2018: AED 240,000 a yearNew contract, October 2019: AED 220,000 a yearRenewal, October 2020: AED 185,000 a yearRenewal, October 2021: AED 185,000 a yearRenewal, October 2022: AED 185,000 a yearRenewal, October 2023: AED 300,000 a yearRenewal, October 2024: AED 300,000 a yearNew contract, October 2025: AED 300,000 a yearRenewal, October 2026: AED 300,000 a year

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 505 sits

All 26 3-beds →

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. 505's AED 300,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
27 Oct 20268,200,000
27 Feb 20258,050,000
4 Jul 20246,200,000
19 Mar 20246,000,000
1 3-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 5th floor

All 79 units in Tiara - Ruby
Value
5012-bedAED 800K · Feb 2021
5023-bedAED 8.2M · Oct 2026
5031-bedAED 2.75M · Nov 2014
5041-bedAED 2.49M · Jul 2023
5062-bedAED 2.55M · Feb 2012

505, Tiara - Ruby in numbers

  • Sold 3 times: first on 3 February 2013 for AED 3,700,555, last on 7 August 2019 for AED 3,600,000 (AED 1,588 per sqft).
  • Rented since July 2017 on 10 Ejari contracts. The rent fell from AED 240,000 to AED 185,000 in 2022 and recovered to AED 300,000 by October 2026.
  • At AED 300,000 a year the gross yield on the 2019 price is 8.3%, 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 October 2026.

Questions about 505, Tiara - Ruby

What did unit 505 last sell for?

AED 3,600,000 on 7 August 2019: AED 1,588 per sqft for 2,266 sqft. The unit has 3 registered sales; the first was AED 3,700,555 in February 2013.

What is the rent for unit 505?

AED 300,000 a year on the contract renewed on 1 October 2026. The previous contract, from October 2025, was AED 300,000; the unit has been rented since July 2017.

How big is unit 505?

2,266 sqft (210.5 sqm): a three-bedroom apartment on the 5th floor of a 12-storey tower completed in 2009.

What is unit 505 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 505, Tiara - Ruby

Starts from the last sale price (AED 3.6M, 7 August 2019). Switch to today's estimate once you have unlocked it.
Price
AED 3,600,000
Deposit, UAE resident (20%)
AED 720,000
Deposit, non-resident (40%)
AED 1,440,000
Monthly over 25 years at 3.7%
AED 14,729

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