2-bed · 1,900 sqftTiara - Ruby, Palm Jumeirah · Ground floor · completed 2009

G01, Tiara - Ruby

Sold prices and rental history: sold 3 times, last in May 2021, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G01 · DLD and Ejari recordsUpdated 9 May 2021
Last soldAED 3.65M9 May 2021
Current rentAED 164K /yr1 October 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G01, Tiara - Ruby

What is G01 worth today?

Last sold for AED 3,650,000 in 2021

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

9 May 2021SoldReady
AED 3,650,000AED 1,920 per sqft
1 Oct 2020RentedNew contract
AED 164,000/yr12 months · AED 86 per sqft
7 Aug 2019RentedRenewal
AED 200,000/yr12 months · AED 105 per sqft
7 Aug 2018RentedRenewal
AED 200,000/yr12 months · AED 105 per sqft
7 Aug 2017RentedRenewal
AED 200,000/yr12 months · AED 105 per sqft
7 Aug 2016RentedNew contract
AED 200,000/yr12 months · AED 105 per sqft
21 May 2013SoldReady
AED 2,617,110AED 1,377 per sqft
11 Mar 2009Sold by developerOff-plan
AED 2,617,110AED 1,377 per sqft

Source: Dubai Land Department. Updated 9 May 2021.

Key facts

Type
2-bed apartment
Size
1,900 sqft
Floor
Ground of 12
Parking
2612
Developer
Zabeel Investments
Completed
2009
Service charge
AED 33,100 /yr
Last sold
AED 3.65M · May 2021
Building
Tiara - Ruby

About G01, Tiara - Ruby

G01 is a two-bedroom apartment of 1,900 sqft on the ground floor of Tiara - Ruby, a 12-storey tower in Palm Jumeirah completed in 2009 by Zabeel Investments. It last sold on 9 May 2021 for AED 3,650,000, or AED 1,920 per sqft, 4% above the AED 1,848 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, signed on 1 October 2020, is AED 164,000 a year: a gross yield of 4.5% on the 2021 price, before the service charge of about AED 33,100 a year.

Sales and rents for G01 over time

Sales
Unit G01, 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 2,617,110 (AED 1,377 per sqft)Sold, May 2013: AED 2,617,110 (AED 1,377 per sqft)Sold, May 2021: AED 3,650,000 (AED 1,920 per sqft)

G01 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit G01, 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 2016: AED 200,000 a yearRenewal, August 2017: AED 200,000 a yearRenewal, August 2018: AED 200,000 a yearRenewal, August 2019: AED 200,000 a yearNew contract, October 2020: AED 164,000 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 G01 sits

All 30 2-beds →

G01 last sold in May 2021 at AED 1,920 per sqft, 4% above what two-beds in Tiara - Ruby were fetching at the time (AED 1,848). 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. G01's AED 164,000 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 ground floor

All 79 units in Tiara - Ruby
Value
G021-bedAED 2.5M · Apr 2022
G031-bedAED 1.89M · Dec 2013
G051-bedAED 3.68M · Jan 2025
G061-bedAED 2.15M · Jan 2023
G071-bedAED 2.98M · Oct 2014
G082-bedAED 2.65M · May 2012

G01, Tiara - Ruby in numbers

  • Sold 3 times: first on 11 March 2009 for AED 2,617,110, last on 9 May 2021 for AED 3,650,000 (AED 1,920 per sqft).
  • Rented since August 2016 on 5 Ejari contracts, from AED 200,000 to AED 164,000 a year.
  • At AED 164,000 a year the gross yield on the 2021 price is 4.5%, before a service charge of about AED 33,100 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 9 May 2021.

Questions about G01, Tiara - Ruby

What did unit G01 last sell for?

AED 3,650,000 on 9 May 2021: AED 1,920 per sqft for 1,900 sqft. The unit has 3 registered sales; the first was AED 2,617,110 in March 2009.

What is the rent for unit G01?

AED 164,000 a year on the contract signed on 1 October 2020. The previous contract, from August 2019, was AED 200,000; the unit has been rented since August 2016.

How big is unit G01?

1,900 sqft (176.5 sqm): a two-bedroom apartment on the ground floor of a 12-storey tower completed in 2009.

What is unit G01 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.

Selling G01? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on G01, Tiara - Ruby

Starts from the last sale price (AED 3.65M, 9 May 2021). Switch to today's estimate once you have unlocked it.
Price
AED 3,650,000
Deposit, UAE resident (20%)
AED 730,000
Deposit, non-resident (40%)
AED 1,460,000
Monthly over 25 years at 3.7%
AED 14,933

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