P03, Tiara - Ruby
Sold prices and rental history: sold twice, last in July 2013, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for P03, Tiara - Ruby
What is P03 worth today?
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Source: Dubai Land Department. Updated 15 July 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 2,398 sqft
- Parking
- 1453, 1454
- Developer
- Zabeel Investments
- Completed
- 2009
- Service charge
- AED 41,700 /yr
- Last sold
- AED 3.5M · July 2013
- Building
- Tiara - Ruby
About P03, Tiara - Ruby
P03 is a two-bedroom apartment of 2,398 sqft of Tiara - Ruby, a 12-storey tower in Palm Jumeirah completed in 2009 by Zabeel Investments. It last sold on 4 July 2013 for AED 3,500,000, or AED 1,459 per sqft, 17% below the AED 1,768 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 15 July 2026, is AED 308,000 a year: a gross yield of 8.8% on the 2013 price, before the service charge of about AED 41,700 a year.
Sales and rents for P03 over time
P03 has sold twice; the dashed line is the two-bed median of each year in the building.
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 P03 sits
All 30 2-beds →P03 last sold in July 2013 at AED 1,459 per sqft, 17% below what two-beds in Tiara - Ruby were fetching at the time (AED 1,768). 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. P03's AED 308,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 14 Jan 202614 January 2026 | 1,677 sqft | 7,300,000 | 4,352 | ||
| 11 Aug 202511 August 2025 | 1,677 sqft | 5,750,000 | 3,428 | ||
| 6 May 20246 May 2024 | 1,677 sqft | 5,000,000 | 2,981 | ||
| 26 May 202326 May 2023 | 1,677 sqft | 4,600,000 | 2,742 |
Tiara - Ruby
Building79 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%
P03, Tiara - Ruby in numbers
- Sold twice: first on 20 March 2013 for AED 2,705,555, last on 4 July 2013 for AED 3,500,000 (AED 1,459 per sqft).
- Rented since November 2014 on 7 Ejari contracts, from AED 345,000 to AED 308,000 a year.
- At AED 308,000 a year the gross yield on the 2013 price is 8.8%, before a service charge of about AED 41,700 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 July 2026.
Questions about P03, Tiara - Ruby
What did unit P03 last sell for?
AED 3,500,000 on 4 July 2013: AED 1,459 per sqft for 2,398 sqft. The unit has 2 registered sales; the first was AED 2,705,555 in March 2013.
What is the rent for unit P03?
AED 308,000 a year on the contract signed on 15 July 2026. The previous contract, from June 2025, was AED 450,000; the unit has been rented since November 2014.
How big is unit P03?
2,398 sqft (222.8 sqm): a two-bedroom apartment of a 12-storey tower completed in 2009.
What is unit P03 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 P03, Tiara - Ruby
Starts from the last sale price (AED 3.5M, 4 July 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 3,500,000
- Deposit, UAE resident (20%)
- AED 700,000
- Deposit, non-resident (40%)
- AED 1,400,000
- Monthly over 25 years at 3.7%
- AED 14,320
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →