1-bed · 1,333 sqftTiara - Ruby, Palm Jumeirah · Ground floor · completed 2009

G07, Tiara - Ruby

Sold prices and rental history: sold 5 times, last in October 2014, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G07 · DLD and Ejari recordsUpdated 1 May 2019
Last soldAED 2.98M16 October 2014
Current rentAED 140K /yr1 May 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G07, Tiara - Ruby

What is G07 worth today?

Last sold for AED 2,980,000 in 2014

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1 May 2019RentedNew contract
AED 140,000/yr12 months · AED 105 per sqft
15 Oct 2017RentedNew contract
AED 150,000/yr12 months · AED 112 per sqft
5 Dec 2014RentedNew contract
AED 175,000/yr12 months · AED 131 per sqft
16 Oct 2014SoldReady
AED 2,980,000AED 2,235 per sqft
15 Aug 2012SoldReady
AED 2,080,000AED 1,560 per sqft
23 Feb 2011SoldReady
AED 800,000AED 600 per sqft
2 Feb 2011SoldReady
AED 1,834,755AED 1,376 per sqft
11 Mar 2009Sold by developerOff-plan
AED 1,834,755AED 1,376 per sqft

Source: Dubai Land Department. Updated 1 May 2019.

Key facts

Type
1-bed apartment
Size
1,333 sqft
Floor
Ground of 12
Parking
1482
Developer
Zabeel Investments
Completed
2009
Service charge
AED 23,200 /yr
Last sold
AED 2.98M · October 2014
Building
Tiara - Ruby

About G07, Tiara - Ruby

G07 is a one-bedroom apartment of 1,333 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 16 October 2014 for AED 2,980,000, or AED 2,235 per sqft, 10% above the AED 2,034 one-beds in the building were fetching at the time.

It has been rented since 2014 on 3 Ejari contracts. The current contract, signed on 1 May 2019, is AED 140,000 a year: a gross yield of 4.7% on the 2014 price, before the service charge of about AED 23,200 a year.

Sales and rents for G07 over time

Sales
Unit G07, 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 1,834,755 (AED 1,376 per sqft)Sold, February 2011: AED 800,000 (AED 600 per sqft)Sold, February 2011: AED 1,834,755 (AED 1,376 per sqft)Sold, August 2012: AED 2,080,000 (AED 1,560 per sqft)Sold, October 2014: AED 2,980,000 (AED 2,235 per sqft)

G07 has sold 5 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit G07, 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, December 2014: AED 175,000 a yearNew contract, October 2017: AED 150,000 a yearNew contract, May 2019: 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 G07 sits

All 33 1-beds →

G07 last sold in October 2014 at AED 2,235 per sqft, 10% above what one-beds in Tiara - Ruby were fetching at the time (AED 2,034). G07'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
G031-bedAED 1.89M · Dec 2013
G051-bedAED 3.68M · Jan 2025
G061-bedAED 2.15M · Jan 2023
G082-bedAED 2.65M · May 2012

G07, Tiara - Ruby in numbers

  • Sold 5 times: first on 11 March 2009 for AED 1,834,755, last on 16 October 2014 for AED 2,980,000 (AED 2,235 per sqft).
  • Rented since December 2014 on 3 Ejari contracts, from AED 175,000 to AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2014 price is 4.7%, before a service charge of about AED 23,200 a year (AED 17.41 per sqft).

Source: Dubai Land Department. Updated 1 May 2019.

Questions about G07, Tiara - Ruby

What did unit G07 last sell for?

AED 2,980,000 on 16 October 2014: AED 2,235 per sqft for 1,333 sqft. The unit has 5 registered sales; the first was AED 1,834,755 in March 2009.

What is the rent for unit G07?

AED 140,000 a year on the contract signed on 1 May 2019. The previous contract, from October 2017, was AED 150,000; the unit has been rented since December 2014.

How big is unit G07?

1,333 sqft (123.8 sqm): a one-bedroom apartment on the ground floor of a 12-storey tower completed in 2009.

What is unit G07 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 G07, Tiara - Ruby

Starts from the last sale price (AED 2.98M, 16 October 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,980,000
Deposit, UAE resident (20%)
AED 596,000
Deposit, non-resident (40%)
AED 1,192,000
Monthly over 25 years at 3.7%
AED 12,192

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