1-bed · 1,359 sqftTiara - Ruby, Palm Jumeirah · Ground floor · completed 2009

G03, Tiara - Ruby

Sold prices and rental history: sold once, by the developer in December 2013, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G03 · DLD and Ejari recordsUpdated 1 October 2024
Last soldAED 1.89M9 December 2013
Current rentAED 140K /yr1 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G03, Tiara - Ruby

What is G03 worth today?

Last sold for AED 1,894,555 in 2013

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1 Oct 2024RentedNew contract
AED 140,000/yr12 months · AED 103 per sqft
1 Sep 2022RentedNew contract
AED 135,000/yr12 months · AED 100 per sqft
13 Dec 2020RentedNew contract
AED 100,000/yr14 months · AED 74 per sqft
7 Jan 2020RentedNew contract
AED 95,000/yr12 months · AED 70 per sqft
9 Dec 2013Sold by developerReady
AED 1,894,555AED 1,394 per sqft

Source: Dubai Land Department. Updated 1 October 2024.

Key facts

Type
1-bed apartment
Size
1,359 sqft
Floor
Ground of 12
Parking
1143
Developer
Zabeel Investments
Completed
2009
Service charge
AED 23,700 /yr
Last sold
AED 1.89M · December 2013
Building
Tiara - Ruby

About G03, Tiara - Ruby

G03 is a one-bedroom apartment of 1,359 sqft on the ground floor of Tiara - Ruby, a 12-storey tower in Palm Jumeirah completed in 2009 by Zabeel Investments. The developer sold it on 9 December 2013 for AED 1,894,555, or AED 1,394 per sqft, in line with the AED 1,416 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 1 October 2024, is AED 140,000 a year: a gross yield of 7.4% on the 2013 price, before the service charge of about AED 23,700 a year.

Sales and rents for G03 over time

Sales
Unit G03, 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, December 2013: AED 1,894,555 (AED 1,394 per sqft)

G03 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit G03, 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, January 2020: AED 95,000 a yearNew contract, December 2020: AED 100,000 a yearNew contract, September 2022: AED 135,000 a yearNew contract, October 2024: AED 140,000 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 G03 sits

All 33 1-beds →

G03 last sold in December 2013 at AED 1,394 per sqft, in line with what one-beds in Tiara - Ruby were fetching at the time (AED 1,416). G03's AED 140,000 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 ground floor

All 79 units in Tiara - Ruby
Value
G012-bedAED 3.65M · May 2021
G021-bedAED 2.5M · Apr 2022
G051-bedAED 3.68M · Jan 2025
G061-bedAED 2.15M · Jan 2023
G071-bedAED 2.98M · Oct 2014
G082-bedAED 2.65M · May 2012

G03, Tiara - Ruby in numbers

  • Sold once: by Zabeel Investments on 9 December 2013 for AED 1,894,555, or AED 1,394 per sqft.
  • Rented since January 2020 on 4 Ejari contracts, from AED 95,000 to AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2013 price is 7.4%, before a service charge of about AED 23,700 a year (AED 17.41 per sqft).

Source: Dubai Land Department. Updated 1 October 2024.

Questions about G03, Tiara - Ruby

What did unit G03 last sell for?

AED 1,894,555 on 9 December 2013, sold by the developer: AED 1,394 per sqft for 1,359 sqft. It is the only registered sale of the unit.

What is the rent for unit G03?

AED 140,000 a year on the contract signed on 1 October 2024. The previous contract, from September 2022, was AED 135,000; the unit has been rented since January 2020.

How big is unit G03?

1,359 sqft (126.3 sqm): a one-bedroom apartment on the ground floor of a 12-storey tower completed in 2009.

What is unit G03 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 G03, Tiara - Ruby

Starts from the last sale price (AED 1.89M, 9 December 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,894,555
Deposit, UAE resident (20%)
AED 378,911
Deposit, non-resident (40%)
AED 757,822
Monthly over 25 years at 3.7%
AED 7,751

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