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2-bed · 1,677 sqftTiara - Ruby, Palm Jumeirah · 9th floor · completed 2009

906, Tiara - Ruby

Sold prices and rental history: sold 3 times, last in March 2019, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 906 · DLD and Ejari recordsUpdated 3 March 2019
Last soldAED 3.15M3 March 2019
Current rentAED 205K /yr25 October 2017
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 906, Tiara - Ruby

What is 906 worth today?

Last sold for AED 3,150,000 in 2019

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3 Mar 2019SoldReady
AED 3,150,000AED 1,878 per sqft
25 Oct 2017RentedRenewal
AED 205,000/yr12 months · AED 122 per sqft
25 Oct 2016RentedNew contract
AED 205,000/yr12 months · AED 122 per sqft
25 Sep 2015RentedRenewal
AED 200,000/yr12 months · AED 119 per sqft
25 Sep 2014RentedNew contract
AED 200,000/yr12 months · AED 119 per sqft
25 Aug 2013RentedNew contract
AED 199,999/yr13 months · AED 119 per sqft
6 Jan 2011SoldReady
AED 2,690,600AED 1,604 per sqft
11 Mar 2009Sold by developerOff-plan
AED 2,690,600AED 1,604 per sqft

Source: Dubai Land Department. Updated 3 March 2019.

Key facts

Type
2-bed apartment
Size
1,677 sqft
Floor
9th of 12
Parking
1167
Developer
Zabeel Investments
Completed
2009
Service charge
AED 29,200 /yr
Last sold
AED 3.15M · March 2019
Building
Tiara - Ruby

About 906, Tiara - Ruby

906 is a two-bedroom apartment of 1,677 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 3 March 2019 for AED 3,150,000, or AED 1,878 per sqft.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, renewed on 25 October 2017, is AED 205,000 a year: a gross yield of 6.5% on the 2019 price, before the service charge of about AED 29,200 a year.

Sales and rents for 906 over time

Sales
Unit 906, 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 2,690,600 (AED 1,604 per sqft)Sold, January 2011: AED 2,690,600 (AED 1,604 per sqft)Sold, March 2019: AED 3,150,000 (AED 1,878 per sqft)

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

Rents
Unit 906, 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, August 2013: AED 199,999 a yearNew contract, September 2014: AED 200,000 a yearRenewal, September 2015: AED 200,000 a yearNew contract, October 2016: AED 205,000 a yearRenewal, October 2017: AED 205,000 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 906 sits

All 30 2-beds →

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. 906's AED 205,000 is in the lower 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 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
9041-bedAED 3.1M · Nov 2023
9053-bedAED 5.4M · Apr 2013

906, Tiara - Ruby in numbers

  • Sold 3 times: first on 11 March 2009 for AED 2,690,600, last on 3 March 2019 for AED 3,150,000 (AED 1,878 per sqft).
  • Rented since August 2013 on 5 Ejari contracts, from AED 199,999 to AED 205,000 a year.
  • At AED 205,000 a year the gross yield on the 2019 price is 6.5%, 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 3 March 2019.

Questions about 906, Tiara - Ruby

What did unit 906 last sell for?

AED 3,150,000 on 3 March 2019: AED 1,878 per sqft for 1,677 sqft. The unit has 3 registered sales; the first was AED 2,690,600 in March 2009.

What is the rent for unit 906?

AED 205,000 a year on the contract renewed on 25 October 2017. The previous contract, from October 2016, was AED 205,000; the unit has been rented since August 2013.

How big is unit 906?

1,677 sqft (155.8 sqm): a two-bedroom apartment on the 9th floor of a 12-storey tower completed in 2009.

What is unit 906 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 906, Tiara - Ruby

Starts from the last sale price (AED 3.15M, 3 March 2019). 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 →