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3-bed · 2,266 sqftTiara - Ruby, Palm Jumeirah · completed 2009

D02, Tiara - Ruby

Sold prices and rental history: sold twice, last in July 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit D02 · DLD and Ejari recordsUpdated 4 July 2024
Last soldAED 6.2M4 July 2024
Current rentAED 310K /yr20 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for D02, Tiara - Ruby

What is D02 worth today?

Last sold for AED 6,200,000 in 2024

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4 Jul 2024SoldReady
AED 6,200,000AED 2,736 per sqft
20 Jan 2023RentedNew contract
AED 310,000/yr12 months · AED 137 per sqft
10 Oct 2020RentedRenewal
AED 200,000/yr12 months · AED 88 per sqft
10 Oct 2019RentedRenewal
AED 220,000/yr12 months · AED 97 per sqft
10 Oct 2018RentedRenewal
AED 220,000/yr12 months · AED 97 per sqft
10 Oct 2017RentedNew contract
AED 230,000/yr12 months · AED 101 per sqft
25 Dec 2012Sold by developerReady
AED 3,465,555AED 1,529 per sqft

Source: Dubai Land Department. Updated 4 July 2024.

Key facts

Type
3-bed apartment
Size
2,266 sqft
Parking
2183, 2184
Developer
Zabeel Investments
Completed
2009
Service charge
AED 39,500 /yr
Last sold
AED 6.2M · July 2024
Building
Tiara - Ruby

About D02, Tiara - Ruby

D02 is a three-bedroom apartment of 2,266 sqft of Tiara - Ruby, a 12-storey tower in Palm Jumeirah completed in 2009 by Zabeel Investments. It last sold on 4 July 2024 for AED 6,200,000, or AED 2,736 per sqft.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, signed on 20 January 2023, is AED 310,000 a year: a gross yield of 5.0% on the 2024 price, before the service charge of about AED 39,500 a year.

Sales and rents for D02 over time

Sales
Unit D02, each saleTypical three-bed in Tiara - Ruby
4M6M2009201420192024Typical sale price by year: 2009 AED 3,865,265; 2010 AED 3,793,040; 2011 AED 3,942,040; 2013 AED 3,900,000; 2014 AED 6,400,000; 2019 AED 3,600,000; 2022 AED 4,900,000Sold by developer, December 2012: AED 3,465,555 (AED 1,529 per sqft)Sold, July 2024: AED 6,200,000 (AED 2,736 per sqft)

D02 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit D02, each contractTypical three-bed in Tiara - Ruby
200K300K2012201620202024Typical rent by year: 2012 AED 230,000; 2013 AED 265,000; 2014 AED 291,500; 2015 AED 290,000; 2016 AED 286,800; 2017 AED 262,500; 2018 AED 253,169; 2019 AED 235,000; 2020 AED 195,000; 2021 AED 215,000; 2022 AED 227,548; 2023 AED 310,000; 2024 AED 330,000; 2025 AED 327,750; 2026 AED 345,000New contract, October 2017: AED 230,000 a yearRenewal, October 2018: AED 220,000 a yearRenewal, October 2019: AED 220,000 a yearRenewal, October 2020: AED 200,000 a yearNew contract, January 2023: AED 310,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Tiara - Ruby, and where D02 sits

All 26 3-beds →

Over the last 12 months three-beds sold for AED 8,200,000, around AED 3,618 per sqft, and rent for AED 290,000 to 490,000 a year. D02's AED 310,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
27 Oct 20268,200,000
27 Feb 20258,050,000
19 Mar 20246,000,000
27 Apr 20236,385,000
1 3-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 →

D02, Tiara - Ruby in numbers

  • Sold twice: first on 25 December 2012 for AED 3,465,555, last on 4 July 2024 for AED 6,200,000 (AED 2,736 per sqft).
  • Rented since October 2017 on 5 Ejari contracts. The rent fell from AED 230,000 to AED 200,000 in 2020 and recovered to AED 310,000 by January 2023.
  • At AED 310,000 a year the gross yield on the 2024 price is 5.0%, before a service charge of about AED 39,500 a year (AED 17.41 per sqft).
  • Three-beds in Tiara - Ruby sold for AED 8,200,000–8,200,000 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 4 July 2024.

Questions about D02, Tiara - Ruby

What did unit D02 last sell for?

AED 6,200,000 on 4 July 2024: AED 2,736 per sqft for 2,266 sqft. The unit has 2 registered sales; the first was AED 3,465,555 in December 2012.

What is the rent for unit D02?

AED 310,000 a year on the contract signed on 20 January 2023. The previous contract, from October 2020, was AED 200,000; the unit has been rented since October 2017.

How big is unit D02?

2,266 sqft (210.5 sqm): a three-bedroom apartment of a 12-storey tower completed in 2009.

What is unit D02 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Tiara - Ruby sold for AED 8,200,000 to 8,200,000 in the last 12 months, around AED 3,618 per sqft.

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Mortgage on D02, Tiara - Ruby

Starts from the last sale price (AED 6.2M, 4 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 6,200,000
Deposit, UAE resident (20%)
AED 1,240,000
Deposit, non-resident (40%)
AED 2,480,000
Monthly over 25 years at 3.7%
AED 25,366

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