605, Tiara - Ruby
Sold prices and rental history: sold 5 times, last in April 2022, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 605, Tiara - Ruby
What is 605 worth today?
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Source: Dubai Land Department. Updated 26 June 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 2,266 sqft
- Floor
- 6th of 12
- Parking
- 2120.2121
- Developer
- Zabeel Investments
- Completed
- 2009
- Service charge
- AED 39,500 /yr
- Last sold
- AED 2.35M · April 2022
- Building
- Tiara - Ruby
About 605, Tiara - Ruby
605 is a three-bedroom apartment of 2,266 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 15 April 2022 for AED 2,350,000, or AED 1,037 per sqft, 52% below the AED 2,162 three-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 4 Ejari contracts. The current contract, signed on 26 June 2024, is AED 100,000 a year: a gross yield of 4.3% on the 2022 price, before the service charge of about AED 39,500 a year.
Sales and rents for 605 over time
605 has sold 5 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 605 sits
All 26 3-beds →605 last sold in April 2022 at AED 1,037 per sqft, 52% below what three-beds in Tiara - Ruby were fetching at the time (AED 2,162). 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. 605's AED 100,000 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 6th floor
All 79 units in Tiara - Ruby| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 2-bed | 1,677 sqft | AED 4.5MAED 4,500,000 · Feb 2023February 2023 | 215,000 /yr | |
| 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 | |
| 606 | 2-bed | 1,677 sqft | AED 2.58MAED 2,583,000 · Apr 2013April 2013 |
605, Tiara - Ruby in numbers
- Sold 5 times: first on 20 March 2013 for AED 3,628,555, last on 15 April 2022 for AED 2,350,000 (AED 1,037 per sqft).
- Rented since August 2012 on 4 Ejari contracts, from AED 187,000 to AED 100,000 a year.
- At AED 100,000 a year the gross yield on the 2022 price is 4.3%, 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 26 June 2024.
Questions about 605, Tiara - Ruby
What did unit 605 last sell for?
AED 2,350,000 on 15 April 2022: AED 1,037 per sqft for 2,266 sqft. The unit has 5 registered sales; the first was AED 3,628,555 in March 2013.
What is the rent for unit 605?
AED 100,000 a year on the contract signed on 26 June 2024. The previous contract, from May 2022, was AED 230,096; the unit has been rented since August 2012.
How big is unit 605?
2,266 sqft (210.5 sqm): a three-bedroom apartment on the 6th floor of a 12-storey tower completed in 2009.
What is unit 605 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 605, Tiara - Ruby
Starts from the last sale price (AED 2.35M, 15 April 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 2,350,000
- Deposit, UAE resident (20%)
- AED 470,000
- Deposit, non-resident (40%)
- AED 940,000
- Monthly over 25 years at 3.7%
- AED 9,615
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →