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

904, Tiara - Ruby

Sold prices and rental history: sold 5 times, last in November 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 904 · DLD and Ejari recordsUpdated 9 November 2023
Last soldAED 3.1M9 November 2023
Current rentAED 135K /yr17 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 904, Tiara - Ruby

What is 904 worth today?

Last sold for AED 3,100,000 in 2023

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9 Nov 2023SoldReady
AED 3,100,000AED 2,392 per sqft
17 Feb 2023RentedNew contract
AED 135,000/yr12 months · AED 105 per sqft
17 Feb 2022RentedRenewal
AED 115,000/yr12 months · AED 89 per sqft
17 Feb 2021RentedNew contract
AED 115,000/yr12 months · AED 89 per sqft
15 Jan 2020RentedNew contract
AED 110,000/yr13 months · AED 85 per sqft
5 Nov 2018RentedRenewal
AED 135,000/yr12 months · AED 105 per sqft
5 Nov 2017RentedNew contract
AED 135,000/yr12 months · AED 105 per sqft
1 Oct 2016RentedRenewal
AED 155,000/yr12 months · AED 120 per sqft

Source: Dubai Land Department. Updated 9 November 2023.

Key facts

Type
1-bed apartment
Size
1,296 sqft
Floor
9th of 12
Parking
1118
Developer
Zabeel Investments
Completed
2009
Service charge
AED 22,600 /yr
Last sold
AED 3.1M · November 2023
Building
Tiara - Ruby

About 904, Tiara - Ruby

904 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 9 November 2023 for AED 3,100,000, or AED 2,392 per sqft, 25% above the AED 1,921 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 17 February 2023, is AED 135,000 a year: a gross yield of 4.3% on the 2023 price, before the service charge of about AED 22,600 a year.

Sales and rents for 904 over time

Sales
Unit 904, 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, November 2011: AED 2,089,000 (AED 1,611 per sqft)Sold, December 2011: AED 1,700,000 (AED 1,311 per sqft)Sold, July 2012: AED 2,100,000 (AED 1,620 per sqft)Sold, November 2023: AED 3,100,000 (AED 2,392 per sqft)

904 has sold 5 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 904, 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, August 2013: AED 145,000 a yearNew contract, October 2014: AED 160,000 a yearRenewal, October 2015: AED 157,500 a yearRenewal, October 2016: AED 155,000 a yearNew contract, November 2017: AED 135,000 a yearRenewal, November 2018: AED 135,000 a yearNew contract, January 2020: AED 110,000 a yearNew contract, February 2021: AED 115,000 a yearRenewal, February 2022: AED 115,000 a yearNew contract, February 2023: AED 135,000 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 904 sits

All 33 1-beds →

904 last sold in November 2023 at AED 2,392 per sqft, 25% above what one-beds in Tiara - Ruby were fetching at the time (AED 1,921). 904's AED 135,000 is in the lower 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 9th floor

All 79 units in Tiara - Ruby
Value
9012-bedAED 4.2M · Aug 2015
9023-bedAED 6.6M · Jun 2014
9031-bedAED 3.15M · Jun 2014
9053-bedAED 5.4M · Apr 2013
9062-bedAED 3.15M · Mar 2019

904, Tiara - Ruby in numbers

  • Sold 5 times: first on 11 March 2009 for AED 2,089,000, last on 9 November 2023 for AED 3,100,000 (AED 2,392 per sqft).
  • Rented since August 2013 on 10 Ejari contracts. The rent fell from AED 145,000 to AED 110,000 in 2020 and recovered to AED 135,000 by February 2023.
  • At AED 135,000 a year the gross yield on the 2023 price is 4.3%, before a service charge of about AED 22,600 a year (AED 17.41 per sqft).

Source: Dubai Land Department. Updated 9 November 2023.

Questions about 904, Tiara - Ruby

What did unit 904 last sell for?

AED 3,100,000 on 9 November 2023: AED 2,392 per sqft for 1,296 sqft. The unit has 5 registered sales; the first was AED 2,089,000 in March 2009.

What is the rent for unit 904?

AED 135,000 a year on the contract signed on 17 February 2023. The previous contract, from February 2022, was AED 115,000; the unit has been rented since August 2013.

How big is unit 904?

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 904 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 904, Tiara - Ruby

Starts from the last sale price (AED 3.1M, 9 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,100,000
Deposit, UAE resident (20%)
AED 620,000
Deposit, non-resident (40%)
AED 1,240,000
Monthly over 25 years at 3.7%
AED 12,683

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