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1-bed · 1,296 sqftTiara - Ruby, Palm Jumeirah · 9th floor · completed 2009

903, Tiara - Ruby

Sold prices and rental history: sold 3 times, last in June 2014, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 903 · DLD and Ejari recordsUpdated 10 July 2021
Last soldAED 3.15M25 June 2014
Current rentAED 95K /yr10 July 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 903, Tiara - Ruby

What is 903 worth today?

Last sold for AED 3,150,000 in 2014

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10 Jul 2021RentedNew contract
AED 95,000/yr12 months · AED 74 per sqft
10 Apr 2019RentedRenewal
AED 162,000/yr12 months · AED 125 per sqft
10 Apr 2018RentedNew contract
AED 170,000/yr12 months · AED 132 per sqft
25 Jun 2014SoldReady
AED 3,150,000AED 2,430 per sqft
1 Apr 2013RentedNew contract
AED 135,000/yr12 months · AED 104 per sqft
30 Jan 2012SoldReady
AED 1,880,100AED 1,450 per sqft
11 Mar 2009Sold by developerOff-plan
AED 2,089,000AED 1,611 per sqft

Source: Dubai Land Department. Updated 10 July 2021.

Key facts

Type
1-bed apartment
Size
1,296 sqft
Floor
9th of 12
Parking
1256
Developer
Zabeel Investments
Completed
2009
Service charge
AED 22,600 /yr
Last sold
AED 3.15M · June 2014
Building
Tiara - Ruby

About 903, Tiara - Ruby

903 is a one-bedroom apartment of 1,296 sqft on the 9th floor of Tiara - Ruby, a 12-storey tower in Palm Jumeirah completed in 2009 by Zabeel Investments. It last sold on 25 June 2014 for AED 3,150,000, or AED 2,430 per sqft, 71% above the AED 1,421 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 10 July 2021, is AED 95,000 a year: a gross yield of 3.0% on the 2014 price, before the service charge of about AED 22,600 a year.

Sales and rents for 903 over time

Sales
Unit 903, 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 2,089,000 (AED 1,611 per sqft)Sold, January 2012: AED 1,880,100 (AED 1,450 per sqft)Sold, June 2014: AED 3,150,000 (AED 2,430 per sqft)

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

Rents
Unit 903, each contractTypical one-bed in Tiara - Ruby
100K150K2012201620202024Typical 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, April 2013: AED 135,000 a yearNew contract, April 2018: AED 170,000 a yearRenewal, April 2019: AED 162,000 a yearNew contract, July 2021: AED 95,000 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 903 sits

All 33 1-beds →

903 last sold in June 2014 at AED 2,430 per sqft, 71% above what one-beds in Tiara - Ruby were fetching at the time (AED 1,421). 903's AED 95,000 is at the bottom 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 9th floor

All 79 units in Tiara - Ruby
Value
9012-bedAED 4.2M · Aug 2015
9023-bedAED 6.6M · Jun 2014
9041-bedAED 3.1M · Nov 2023
9053-bedAED 5.4M · Apr 2013
9062-bedAED 3.15M · Mar 2019

903, Tiara - Ruby in numbers

  • Sold 3 times: first on 11 March 2009 for AED 2,089,000, last on 25 June 2014 for AED 3,150,000 (AED 2,430 per sqft).
  • Rented since April 2013 on 4 Ejari contracts, from AED 135,000 to AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2014 price is 3.0%, before a service charge of about AED 22,600 a year (AED 17.41 per sqft).

Source: Dubai Land Department. Updated 10 July 2021.

Questions about 903, Tiara - Ruby

What did unit 903 last sell for?

AED 3,150,000 on 25 June 2014: AED 2,430 per sqft for 1,296 sqft. The unit has 3 registered sales; the first was AED 2,089,000 in March 2009.

What is the rent for unit 903?

AED 95,000 a year on the contract signed on 10 July 2021. The previous contract, from April 2019, was AED 162,000; the unit has been rented since April 2013.

How big is unit 903?

1,296 sqft (120.4 sqm): a one-bedroom apartment on the 9th floor of a 12-storey tower completed in 2009.

What is unit 903 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 903, Tiara - Ruby

Starts from the last sale price (AED 3.15M, 25 June 2014). Switch to today's estimate once you have unlocked it.
Price
AED 3,150,000
Deposit, UAE resident (20%)
AED 630,000
Deposit, non-resident (40%)
AED 1,260,000
Monthly over 25 years at 3.7%
AED 12,888

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