704, Tiara - Ruby
Sold prices and rental history: sold 3 times, last in May 2015, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 704, Tiara - Ruby
What is 704 worth today?
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Source: Dubai Land Department. Updated 5 May 2015.
Key facts
- Type
- 1-bed apartment
- Size
- 1,296 sqft
- Floor
- 7th of 12
- Parking
- 1228
- Developer
- Zabeel Investments
- Completed
- 2009
- Service charge
- AED 22,600 /yr
- Last sold
- AED 2.8M · May 2015
- Building
- Tiara - Ruby
About 704, Tiara - Ruby
704 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 5 May 2015 for AED 2,800,000, or AED 2,160 per sqft, in line with the AED 2,198 one-beds in the building were fetching at the time.
It has been rented since 2013 on 2 Ejari contracts. The current contract, renewed on 10 January 2014, is AED 145,200 a year: a gross yield of 5.2% on the 2015 price, before the service charge of about AED 22,600 a year.
Sales and rents for 704 over time
704 has sold 3 times; the dashed line is the one-bed median of each year in the building.
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 704 sits
All 33 1-beds →704 last sold in May 2015 at AED 2,160 per sqft, in line with what one-beds in Tiara - Ruby were fetching at the time (AED 2,198). 704's AED 145,200 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Oct 202524 October 2025 | 1,296 sqft | 3,760,000 | 2,901 | ||
| 19 Jun 202519 June 2025 | 1,296 sqft | 4,000,000 | 3,086 | ||
| 5 May 20255 May 2025 | 1,296 sqft | 4,010,000 | 3,094 | ||
| 14 Jan 202514 January 2025 | 1,717 sqft | 3,680,000 | 2,143 |
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 7th floor
All 79 units in Tiara - Ruby| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 2-bed | 1,677 sqft | AED 2.62MAED 2,618,800 · Dec 2012December 2012 | 215,000 /yr | |
| 702 | 3-bed | 2,266 sqft | AED 5.3MAED 5,295,000 · Apr 2013April 2013 | 360,000 /yr | |
| 703 | 1-bed | 1,296 sqft | AED 2.23MAED 2,230,000 · Nov 2021November 2021 | 200,000 /yr | |
| 705 | 3-bed | 2,266 sqft | AED 3MAED 3,000,000 · Nov 2019November 2019 | 260,000 /yr | |
| 706 | 2-bed | 1,677 sqft | AED 2.7MAED 2,700,000 · Jan 2012January 2012 | 250,000 /yr |
704, Tiara - Ruby in numbers
- Sold 3 times: first on 11 March 2009 for AED 2,033,300, last on 5 May 2015 for AED 2,800,000 (AED 2,160 per sqft).
- Rented since January 2013 on 2 Ejari contracts, from AED 132,000 to AED 145,200 a year.
- At AED 145,200 a year the gross yield on the 2015 price is 5.2%, before a service charge of about AED 22,600 a year (AED 17.41 per sqft).
Source: Dubai Land Department. Updated 5 May 2015.
Questions about 704, Tiara - Ruby
What did unit 704 last sell for?
AED 2,800,000 on 5 May 2015: AED 2,160 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 704?
AED 145,200 a year on the contract renewed on 10 January 2014. The previous contract, from January 2013, was AED 132,000.
How big is unit 704?
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 704 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 704, Tiara - Ruby
Starts from the last sale price (AED 2.8M, 5 May 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 2,800,000
- Deposit, UAE resident (20%)
- AED 560,000
- Deposit, non-resident (40%)
- AED 1,120,000
- Monthly over 25 years at 3.7%
- AED 11,456
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →