601, Tiara - Ruby
Sold prices and rental history: sold 5 times, last in February 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 601, Tiara - Ruby
What is 601 worth today?
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Source: Dubai Land Department. Updated 20 February 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,677 sqft
- Floor
- 6th of 12
- Parking
- 2343
- Developer
- Zabeel Investments
- Completed
- 2009
- Service charge
- AED 29,200 /yr
- Last sold
- AED 4.5M · February 2023
- Building
- Tiara - Ruby
About 601, Tiara - Ruby
601 is a two-bedroom apartment of 1,677 sqft on the 6th floor of Tiara - Ruby, a 12-storey tower in Palm Jumeirah completed in 2009 by Zabeel Investments. It last sold on 20 February 2023 for AED 4,500,000, or AED 2,683 per sqft, 9% above the AED 2,463 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, renewed on 7 December 2021, is AED 215,000 a year: a gross yield of 4.8% on the 2023 price, before the service charge of about AED 29,200 a year.
Sales and rents for 601 over time
601 has sold 5 times; the dashed line is the two-bed median of each year in the building.
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 601 sits
All 30 2-beds →601 last sold in February 2023 at AED 2,683 per sqft, 9% above what two-beds in Tiara - Ruby were fetching at the time (AED 2,463). 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. 601's AED 215,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 14 Jan 202614 January 2026 | 1,677 sqft | 7,300,000 | 4,352 | ||
| 11 Aug 202511 August 2025 | 1,677 sqft | 5,750,000 | 3,428 | ||
| 6 May 20246 May 2024 | 1,677 sqft | 5,000,000 | 2,981 | ||
| 26 May 202326 May 2023 | 1,677 sqft | 4,600,000 | 2,742 |
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 6th floor
All 79 units in Tiara - Ruby| ValueToday's value | |||||
|---|---|---|---|---|---|
| 602 | 3-bed | 2,266 sqft | AED 3.7MAED 3,700,000 · Jan 2013January 2013 | 490,000 /yr | |
| 603 | 1-bed | 1,296 sqft | AED 2.35MAED 2,350,000 · Jun 2022June 2022 | 100,000 /yr | |
| 604 | 1-bed | 1,296 sqft | AED 2.25MAED 2,250,000 · Dec 2016December 2016 | 210,000 /yr | |
| 605 | 3-bed | 2,266 sqft | AED 2.35MAED 2,350,000 · Apr 2022April 2022 | 100,000 /yr | |
| 606 | 2-bed | 1,677 sqft | AED 2.58MAED 2,583,000 · Apr 2013April 2013 |
601, Tiara - Ruby in numbers
- Sold 5 times: first on 15 August 2010 for AED 2,000,000, last on 20 February 2023 for AED 4,500,000 (AED 2,683 per sqft).
- Rented since January 2014 on 9 Ejari contracts, from AED 217,829 to AED 215,000 a year.
- At AED 215,000 a year the gross yield on the 2023 price is 4.8%, 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 20 February 2023.
Questions about 601, Tiara - Ruby
What did unit 601 last sell for?
AED 4,500,000 on 20 February 2023: AED 2,683 per sqft for 1,677 sqft. The unit has 5 registered sales; the first was AED 2,000,000 in August 2010.
What is the rent for unit 601?
AED 215,000 a year on the contract renewed on 7 December 2021. The previous contract, from December 2020, was AED 200,000; the unit has been rented since January 2014.
How big is unit 601?
1,677 sqft (155.8 sqm): a two-bedroom apartment on the 6th floor of a 12-storey tower completed in 2009.
What is unit 601 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 601, Tiara - Ruby
Starts from the last sale price (AED 4.5M, 20 February 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 4,500,000
- Deposit, UAE resident (20%)
- AED 900,000
- Deposit, non-resident (40%)
- AED 1,800,000
- Monthly over 25 years at 3.7%
- AED 18,411
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →