2-bed · 1,677 sqftTiara - Ruby, Palm Jumeirah · 7th floor · completed 2009

706, Tiara - Ruby

Sold prices and rental history: sold 3 times, last in January 2012, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 706 · DLD and Ejari recordsUpdated 2 October 2026
Last soldAED 2.7M9 January 2012
Current rentAED 250K /yr2 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 706, Tiara - Ruby

What is 706 worth today?

Last sold for AED 2,700,000 in 2012

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2 Oct 2026RentedNew contract
AED 250,000/yr12 months · AED 149 per sqft
1 Jun 2024RentedNew contract
AED 260,701/yr12 months · AED 155 per sqft
31 Mar 2023RentedNew contract
AED 260,000/yr12 months · AED 155 per sqft
6 Mar 2022RentedRenewal
AED 165,000/yr12 months · AED 98 per sqft
6 Mar 2021RentedNew contract
AED 165,000/yr12 months · AED 98 per sqft
31 Aug 2020RentedRenewal
AED 162,000/yr12 months · AED 96 per sqft
31 Aug 2019RentedRenewal
AED 170,000/yr12 months · AED 101 per sqft
31 Aug 2018RentedNew contract
AED 175,000/yr12 months · AED 104 per sqft

Source: Dubai Land Department. Updated 2 October 2026.

Key facts

Type
2-bed apartment
Size
1,677 sqft
Floor
7th of 12
Parking
1174
Developer
Zabeel Investments
Completed
2009
Service charge
AED 29,200 /yr
Last sold
AED 2.7M · January 2012
Building
Tiara - Ruby

About 706, Tiara - Ruby

706 is a two-bedroom apartment of 1,677 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 9 January 2012 for AED 2,700,000, or AED 1,609 per sqft, in line with the AED 1,582 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 9 Ejari contracts. The current contract, signed on 2 October 2026, is AED 250,000 a year: a gross yield of 9.3% on the 2012 price, before the service charge of about AED 29,200 a year.

Sales and rents for 706 over time

Sales
Unit 706, each saleTypical two-bed in Tiara - Ruby
3M4M2009201320172021Typical sale price by year: 2009 AED 2,600,055; 2010 AED 2,475,000; 2011 AED 2,672,650; 2012 AED 2,618,800; 2013 AED 3,300,000; 2014 AED 4,000,000; 2019 AED 3,100,000; 2021 AED 3,100,000; 2022 AED 4,000,000Sold by developer, March 2009: AED 2,618,800 (AED 1,561 per sqft)Sold, January 2012: AED 2,700,000 (AED 1,609 per sqft)Sold, January 2012: AED 2,618,800 (AED 1,561 per sqft)

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

Rents
Unit 706, each contractTypical two-bed in Tiara - Ruby
150K200K250K2012201620202024Typical rent by year: 2012 AED 189,723; 2013 AED 195,000; 2014 AED 200,000; 2015 AED 210,000; 2016 AED 205,000; 2017 AED 205,000; 2018 AED 192,500; 2019 AED 175,000; 2020 AED 164,000; 2021 AED 172,500; 2022 AED 182,391; 2023 AED 250,000; 2024 AED 260,000; 2025 AED 253,000; 2026 AED 256,500New contract, September 2017: AED 210,000 a yearNew contract, August 2018: AED 175,000 a yearRenewal, August 2019: AED 170,000 a yearRenewal, August 2020: AED 162,000 a yearNew contract, March 2021: AED 165,000 a yearRenewal, March 2022: AED 165,000 a yearNew contract, March 2023: AED 260,000 a yearNew contract, June 2024: AED 260,701 a yearNew contract, October 2026: AED 250,000 a year

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 706 sits

All 30 2-beds →

706 last sold in January 2012 at AED 1,609 per sqft, in line with what two-beds in Tiara - Ruby were fetching at the time (AED 1,582). 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. 706's AED 250,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
14 Jan 20267,300,000
11 Aug 20255,750,000
6 May 20245,000,000
26 May 20234,600,000
1 2-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 7th floor

All 79 units in Tiara - Ruby
Value
7012-bedAED 2.62M · Dec 2012
7023-bedAED 5.3M · Apr 2013
7031-bedAED 2.23M · Nov 2021
7041-bedAED 2.8M · May 2015
7053-bedAED 3M · Nov 2019

706, Tiara - Ruby in numbers

  • Sold 3 times: first on 11 March 2009 for AED 2,618,800, last on 9 January 2012 for AED 2,700,000 (AED 1,609 per sqft).
  • Rented since September 2017 on 9 Ejari contracts. The rent fell from AED 210,000 to AED 162,000 in 2020 and recovered to AED 250,000 by October 2026.
  • At AED 250,000 a year the gross yield on the 2012 price is 9.3%, 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 2 October 2026.

Questions about 706, Tiara - Ruby

What did unit 706 last sell for?

AED 2,700,000 on 9 January 2012: AED 1,609 per sqft for 1,677 sqft. The unit has 3 registered sales; the first was AED 2,618,800 in March 2009.

What is the rent for unit 706?

AED 250,000 a year on the contract signed on 2 October 2026. The previous contract, from June 2024, was AED 260,701; the unit has been rented since September 2017.

How big is unit 706?

1,677 sqft (155.8 sqm): a two-bedroom apartment on the 7th floor of a 12-storey tower completed in 2009.

What is unit 706 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 706, Tiara - Ruby

Starts from the last sale price (AED 2.7M, 9 January 2012). Switch to today's estimate once you have unlocked it.
Price
AED 2,700,000
Deposit, UAE resident (20%)
AED 540,000
Deposit, non-resident (40%)
AED 1,080,000
Monthly over 25 years at 3.7%
AED 11,047

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