1-bed · 1,296 sqftTiara - Ruby, Palm Jumeirah · 7th floor · completed 2009

703, Tiara - Ruby

Sold prices and rental history: sold 3 times, last in November 2021, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 703 · DLD and Ejari recordsUpdated 1 September 2026
Last soldAED 2.23M24 November 2021
Current rentAED 200K /yr1 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 703, Tiara - Ruby

What is 703 worth today?

Last sold for AED 2,230,000 in 2021

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1 Sep 2026RentedRenewal
AED 200,000/yr12 months · AED 155 per sqft
1 Sep 2025RentedNew contract
AED 200,000/yr12 months · AED 155 per sqft
19 Oct 2022RentedNew contract
AED 203,700/yr12 months · AED 158 per sqft
24 Nov 2021SoldReady
AED 2,230,000AED 1,720 per sqft
1 Feb 2020RentedRenewal
AED 120,000/yr12 months · AED 93 per sqft
1 Feb 2019RentedRenewal
AED 140,000/yr12 months · AED 108 per sqft
1 Feb 2018RentedRenewal
AED 140,000/yr12 months · AED 108 per sqft
1 Feb 2017RentedNew contract
AED 140,000/yr12 months · AED 108 per sqft

Source: Dubai Land Department. Updated 1 September 2026.

Key facts

Type
1-bed apartment
Size
1,296 sqft
Floor
7th of 12
Parking
1254
Developer
Zabeel Investments
Completed
2009
Service charge
AED 22,600 /yr
Last sold
AED 2.23M · November 2021
Building
Tiara - Ruby

About 703, Tiara - Ruby

703 is a one-bedroom apartment of 1,296 sqft on the 7th floor of Tiara - Ruby, a 12-storey tower in Palm Jumeirah completed in 2009 by Zabeel Investments. It last sold on 24 November 2021 for AED 2,230,000, or AED 1,720 per sqft, in line with the AED 1,720 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 1 September 2026, is AED 200,000 a year: a gross yield of 9.0% on the 2021 price, before the service charge of about AED 22,600 a year.

Sales and rents for 703 over time

Sales
Unit 703, 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 2,033,300 (AED 1,568 per sqft)Sold, January 2012: AED 1,829,970 (AED 1,412 per sqft)Sold, November 2021: AED 2,230,000 (AED 1,720 per sqft)

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

Rents
Unit 703, each contractTypical one-bed in Tiara - Ruby
100K150K200K2012201620202024Typical 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 2013: AED 135,000 a yearRenewal, October 2014: AED 140,000 a yearRenewal, October 2015: AED 150,000 a yearNew contract, February 2017: AED 140,000 a yearRenewal, February 2018: AED 140,000 a yearRenewal, February 2019: AED 140,000 a yearRenewal, February 2020: AED 120,000 a yearNew contract, October 2022: AED 203,700 a yearNew contract, September 2025: AED 200,000 a yearRenewal, September 2026: AED 200,000 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 703 sits

All 33 1-beds →

703 last sold in November 2021 at AED 1,720 per sqft, in line with what one-beds in Tiara - Ruby were fetching at the time (AED 1,720). 703's AED 200,000 is in the upper 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 7th floor

All 79 units in Tiara - Ruby
Value
7012-bedAED 2.62M · Dec 2012
7023-bedAED 5.3M · Apr 2013
7041-bedAED 2.8M · May 2015
7053-bedAED 3M · Nov 2019
7062-bedAED 2.7M · Jan 2012

703, Tiara - Ruby in numbers

  • Sold 3 times: first on 25 March 2009 for AED 2,033,300, last on 24 November 2021 for AED 2,230,000 (AED 1,720 per sqft).
  • Rented since October 2013 on 10 Ejari contracts. The rent fell from AED 135,000 to AED 120,000 in 2020 and recovered to AED 200,000 by September 2026.
  • At AED 200,000 a year the gross yield on the 2021 price is 9.0%, before a service charge of about AED 22,600 a year (AED 17.41 per sqft).

Source: Dubai Land Department. Updated 1 September 2026.

Questions about 703, Tiara - Ruby

What did unit 703 last sell for?

AED 2,230,000 on 24 November 2021: AED 1,720 per sqft for 1,296 sqft. The unit has 3 registered sales; the first was AED 2,033,300 in March 2009.

What is the rent for unit 703?

AED 200,000 a year on the contract renewed on 1 September 2026. The previous contract, from September 2025, was AED 200,000; the unit has been rented since October 2013.

How big is unit 703?

1,296 sqft (120.4 sqm): a one-bedroom apartment on the 7th floor of a 12-storey tower completed in 2009.

What is unit 703 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 703, Tiara - Ruby

Starts from the last sale price (AED 2.23M, 24 November 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,230,000
Deposit, UAE resident (20%)
AED 446,000
Deposit, non-resident (40%)
AED 892,000
Monthly over 25 years at 3.7%
AED 9,124

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