2-bed · 1,677 sqftTiara - Tanzanite, Palm Jumeirah · 1st floor · completed 2009

101, Tiara - Tanzanite

Sold prices and rental history: sold once, by the developer in May 2013, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 101 · DLD and Ejari recordsUpdated 22 August 2022
Last soldAED 2.7M13 May 2013
Current rentAED 250K /yr22 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 101, Tiara - Tanzanite

What is 101 worth today?

Last sold for AED 2,700,000 in 2013

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22 Aug 2022RentedNew contract
AED 250,000/yr12 months · AED 149 per sqft
26 Feb 2016RentedNew contract
AED 190,000/yr12 months · AED 113 per sqft
1 May 2015RentedNew contract
AED 200,000/yr12 months · AED 119 per sqft
20 Jan 2014RentedNew contract
AED 195,000/yr12 months · AED 116 per sqft
13 May 2013Sold by developerReady
AED 2,700,000AED 1,609 per sqft

Source: Dubai Land Department. Updated 22 August 2022.

Key facts

Type
2-bed apartment
Size
1,677 sqft
Floor
1st of 12
Parking
2487
Developer
Zabeel Investments
Completed
2009
Service charge
AED 29,200 /yr
Last sold
AED 2.7M · May 2013

About 101, Tiara - Tanzanite

101 is a two-bedroom apartment of 1,677 sqft on the 1st floor of Tiara - Tanzanite, a 12-storey tower in Palm Jumeirah completed in 2009 by Zabeel Investments. The developer sold it on 13 May 2013 for AED 2,700,000, or AED 1,609 per sqft, in line with the AED 1,645 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, signed on 22 August 2022, is AED 250,000 a year: a gross yield of 9.3% on the 2013 price, before the service charge of about AED 29,200 a year.

Sales and rents for 101 over time

Sales
Unit 101, each saleTypical two-bed in Tiara - Tanzanite
2M4M6M2009201420192024Typical sale price by year: 2009 AED 3,052,900; 2011 AED 2,785,200; 2012 AED 2,710,000; 2013 AED 2,925,778; 2016 AED 3,019,467; 2019 AED 2,325,000; 2021 AED 2,205,000; 2022 AED 3,700,000; 2023 AED 4,200,000; 2025 AED 4,250,000; 2026 AED 5,750,000Sold by developer, May 2013: AED 2,700,000 (AED 1,609 per sqft)

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

Rents
Unit 101, each contractTypical two-bed in Tiara - Tanzanite
150K200K250K2013201720212025Typical rent by year: 2013 AED 200,000; 2014 AED 200,000; 2015 AED 200,000; 2016 AED 189,426; 2017 AED 180,000; 2018 AED 180,000; 2019 AED 165,000; 2020 AED 142,500; 2021 AED 145,000; 2022 AED 152,500; 2023 AED 170,000; 2024 AED 185,000; 2025 AED 225,000; 2026 AED 220,000New contract, January 2014: AED 195,000 a yearNew contract, May 2015: AED 200,000 a yearNew contract, February 2016: AED 190,000 a yearNew contract, August 2022: AED 250,000 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 - Tanzanite, and where 101 sits

All 30 2-beds →

101 last sold in May 2013 at AED 1,609 per sqft, in line with what two-beds in Tiara - Tanzanite were fetching at the time (AED 1,645). Over the last 12 months two-beds sold for AED 4,999,999 to 6,300,000, around AED 3,428 per sqft, and rent for AED 184,000 to 325,000 a year. 101's AED 250,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
21 Oct 20264,999,999
5 Feb 20266,300,000
5 Jan 20265,750,000
11 Jun 20254,100,000
3 2-bed sales in the last 12 months

Tiara - Tanzanite

Building

79 apartments, 1-bed to 3-bed over 12 floors in Palm Jumeirah, completed in 2009 by Zabeel Investments. 5 sold in the last 12 months.

Typical price per sqft
AED 3,428
Typical sale
AED 5.75M
Typical rent
AED 210K /yr
Typical yield
3.8%
Tiara - Tanzanite, Palm Jumeirah: prices, sales and rents →

Other units on the 1st floor

All 79 units in Tiara - Tanzanite
Value
1023-bedAED 3.36M · Apr 2013
1031-bedAED 2.15M · Oct 2011
1041-bedAED 3M · Oct 2023
1053-bedAED 8.2M · Aug 2026
1062-bedAED 3.02M · May 2016

101, Tiara - Tanzanite in numbers

  • Sold once: by Zabeel Investments on 13 May 2013 for AED 2,700,000, or AED 1,609 per sqft.
  • Rented since January 2014 on 4 Ejari contracts, from AED 195,000 to AED 250,000 a year.
  • At AED 250,000 a year the gross yield on the 2013 price is 9.3%, before a service charge of about AED 29,200 a year (AED 17.41 per sqft).
  • Two-beds in Tiara - Tanzanite sold for AED 4,999,999–6,300,000 in the 12 months to November 2026; the building's median across all types is AED 3,428 per sqft.

Source: Dubai Land Department. Updated 22 August 2022.

Questions about 101, Tiara - Tanzanite

What did unit 101 last sell for?

AED 2,700,000 on 13 May 2013, sold by the developer: AED 1,609 per sqft for 1,677 sqft. It is the only registered sale of the unit.

What is the rent for unit 101?

AED 250,000 a year on the contract signed on 22 August 2022. The previous contract, from February 2016, was AED 190,000; the unit has been rented since January 2014.

How big is unit 101?

1,677 sqft (155.8 sqm): a two-bedroom apartment on the 1st floor of a 12-storey tower completed in 2009.

What is unit 101 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Tiara - Tanzanite sold for AED 4,999,999 to 6,300,000 in the last 12 months, around AED 3,428 per sqft.

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Mortgage on 101, Tiara - Tanzanite

Starts from the last sale price (AED 2.7M, 13 May 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,700,000
Deposit, UAE resident (20%)
AED 540,000
Deposit, non-resident (40%)
AED 1,080,000
Monthly over 25 years at 3.7%
AED 11,047

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