1-bed · 1,849 sqftTiara - Ruby, Palm Jumeirah · completed 2009

P01, Tiara - Ruby

Sold prices and rental history: sold twice, last in May 2014, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit P01 · DLD and Ejari recordsUpdated 22 May 2014
Last soldAED 2.52M22 May 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for P01, Tiara - Ruby

What is P01 worth today?

Last sold for AED 2,521,555 in 2014

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22 May 2014SoldReady
AED 2,521,555AED 1,363 per sqft
25 Feb 2009Sold by developerOff-plan
AED 5,659,976AED 3,061 per sqft

Source: Dubai Land Department. Updated 22 May 2014.

Key facts

Type
1-bed apartment
Size
1,849 sqft
Parking
1458, 1459
Developer
Zabeel Investments
Completed
2009
Service charge
AED 32,200 /yr
Last sold
AED 2.52M · May 2014
Building
Tiara - Ruby

About P01, Tiara - Ruby

P01 is a one-bedroom apartment of 1,849 sqft of Tiara - Ruby, a 12-storey tower in Palm Jumeirah completed in 2009 by Zabeel Investments. It last sold on 22 May 2014 for AED 2,521,555, or AED 1,363 per sqft, 3% below the AED 1,408 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for P01 over time

Sales
Unit P01, each saleTypical one-bed in Tiara - Ruby
02.5M5M2009201420192024Typical 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, February 2009: AED 5,659,976 (AED 3,061 per sqft)Sold, May 2014: AED 2,521,555 (AED 1,363 per sqft)

P01 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit P01, 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 169,772

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 P01 sits

All 33 1-beds →

P01 last sold in May 2014 at AED 1,363 per sqft, 3% below what one-beds in Tiara - Ruby were fetching at the time (AED 1,408).

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 →

P01, Tiara - Ruby in numbers

  • Sold twice: first on 25 February 2009 for AED 5,659,976, last on 22 May 2014 for AED 2,521,555 (AED 1,363 per sqft).

Source: Dubai Land Department. Updated 22 May 2014.

Questions about P01, Tiara - Ruby

What did unit P01 last sell for?

AED 2,521,555 on 22 May 2014: AED 1,363 per sqft for 1,849 sqft. The unit has 2 registered sales; the first was AED 5,659,976 in February 2009.

How big is unit P01?

1,849 sqft (171.8 sqm): a one-bedroom apartment of a 12-storey tower completed in 2009.

What is unit P01 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 P01, Tiara - Ruby

Starts from the last sale price (AED 2.52M, 22 May 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,521,555
Deposit, UAE resident (20%)
AED 504,311
Deposit, non-resident (40%)
AED 1,008,622
Monthly over 25 years at 3.7%
AED 10,316

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