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2-bed · 2,414 sqftTiara - Ruby, Palm Jumeirah · completed 2009

P02, Tiara - Ruby

Sold prices and rental history: sold 3 times, last in February 2016, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit P02 · DLD and Ejari recordsUpdated 15 September 2025
Last soldAED 4.4M24 February 2016
Current rentAED 260K /yr15 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for P02, Tiara - Ruby

What is P02 worth today?

Last sold for AED 4,400,000 in 2016

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15 Sep 2025RentedRenewal
AED 260,000/yr12 months · AED 108 per sqft
15 Sep 2024RentedRenewal
AED 260,000/yr12 months · AED 108 per sqft
15 Sep 2023RentedNew contract
AED 260,000/yr12 months · AED 108 per sqft
24 Feb 2016SoldReady
AED 4,400,000AED 1,822 per sqft
8 Dec 2014SoldReady
AED 4,000,000AED 1,656 per sqft
13 Feb 2013Sold by developerReady
AED 2,749,555AED 1,138 per sqft

Source: Dubai Land Department. Updated 15 September 2025.

Key facts

Type
2-bed apartment
Size
2,414 sqft
Parking
1456, 1455
Developer
Zabeel Investments
Completed
2009
Service charge
AED 42,000 /yr
Last sold
AED 4.4M · February 2016
Building
Tiara - Ruby

About P02, Tiara - Ruby

P02 is a two-bedroom apartment of 2,414 sqft of Tiara - Ruby, a 12-storey tower in Palm Jumeirah completed in 2009 by Zabeel Investments. It last sold on 24 February 2016 for AED 4,400,000, or AED 1,822 per sqft, in line with the AED 1,822 two-beds in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, renewed on 15 September 2025, is AED 260,000 a year: a gross yield of 5.9% on the 2016 price, before the service charge of about AED 42,000 a year.

Sales and rents for P02 over time

Sales
Unit P02, 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, February 2013: AED 2,749,555 (AED 1,138 per sqft)Sold, December 2014: AED 4,000,000 (AED 1,656 per sqft)Sold, February 2016: AED 4,400,000 (AED 1,822 per sqft)

P02 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit P02, 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, September 2023: AED 260,000 a yearRenewal, September 2024: AED 260,000 a yearRenewal, September 2025: AED 260,000 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 P02 sits

All 30 2-beds →

P02 last sold in February 2016 at AED 1,822 per sqft, in line with what two-beds in Tiara - Ruby were fetching at the time (AED 1,822). 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. P02's AED 260,000 is in the upper 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 →

P02, Tiara - Ruby in numbers

  • Sold 3 times: first on 13 February 2013 for AED 2,749,555, last on 24 February 2016 for AED 4,400,000 (AED 1,822 per sqft).
  • Rented since September 2023 on 3 Ejari contracts, at AED 260,000 a year.
  • At AED 260,000 a year the gross yield on the 2016 price is 5.9%, before a service charge of about AED 42,000 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 15 September 2025.

Questions about P02, Tiara - Ruby

What did unit P02 last sell for?

AED 4,400,000 on 24 February 2016: AED 1,822 per sqft for 2,414 sqft. The unit has 3 registered sales; the first was AED 2,749,555 in February 2013.

What is the rent for unit P02?

AED 260,000 a year on the contract renewed on 15 September 2025. The previous contract, from September 2024, was AED 260,000; the unit has been rented since September 2023.

How big is unit P02?

2,414 sqft (224.3 sqm): a two-bedroom apartment of a 12-storey tower completed in 2009.

What is unit P02 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.

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Mortgage on P02, Tiara - Ruby

Starts from the last sale price (AED 4.4M, 24 February 2016). Switch to today's estimate once you have unlocked it.
Price
AED 4,400,000
Deposit, UAE resident (20%)
AED 880,000
Deposit, non-resident (40%)
AED 1,760,000
Monthly over 25 years at 3.7%
AED 18,002

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