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3-bed · 2,266 sqftTiara - Tanzanite, Palm Jumeirah · 5th floor · completed 2009

502, Tiara - Tanzanite

Sold prices and rental history: sold 3 times, last in April 2013, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 502 · DLD and Ejari recordsUpdated 28 April 2013
Last soldAED 3.9M28 April 2013
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 502, Tiara - Tanzanite

What is 502 worth today?

Last sold for AED 3,900,000 in 2013

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28 Apr 2013SoldReady
AED 3,900,000AED 1,721 per sqft
20 Mar 2013SoldReady
AED 3,523,555AED 1,554 per sqft
1 Mar 2009Sold by developerOff-plan
AED 4,055,600AED 1,789 per sqft

Source: Dubai Land Department. Updated 28 April 2013.

Key facts

Type
3-bed apartment
Size
2,266 sqft
Floor
5th of 12
Parking
1362, 1363
Developer
Zabeel Investments
Completed
2009
Service charge
AED 39,500 /yr
Last sold
AED 3.9M · April 2013
Building
Tiara - Tanzanite

About 502, Tiara - Tanzanite

502 is a three-bedroom apartment of 2,266 sqft on the 5th floor of Tiara - Tanzanite, a 12-storey tower in Palm Jumeirah completed in 2009 by Zabeel Investments. It last sold on 28 April 2013 for AED 3,900,000, or AED 1,721 per sqft, in line with the AED 1,676 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 502 over time

Sales
Unit 502, each saleTypical three-bed in Tiara - Tanzanite
5M10M2009201420192024Typical sale price by year: 2009 AED 4,410,800; 2011 AED 4,530,000; 2012 AED 3,953,710; 2013 AED 3,820,555; 2014 AED 5,100,000; 2025 AED 9,750,000Sold by developer, March 2009: AED 4,055,600 (AED 1,789 per sqft)Sold, March 2013: AED 3,523,555 (AED 1,554 per sqft)Sold, April 2013: AED 3,900,000 (AED 1,721 per sqft)

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

Rents
Unit 502, each contractTypical three-bed in Tiara - Tanzanite
200K300K2013201720212025Typical rent by year: 2013 AED 275,000; 2014 AED 341,305; 2015 AED 310,000; 2016 AED 310,000; 2017 AED 276,500; 2018 AED 255,000; 2019 AED 235,000; 2020 AED 197,500; 2021 AED 190,000; 2022 AED 260,000; 2023 AED 285,000; 2024 AED 307,500; 2025 AED 305,000; 2026 AED 311,750

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Tiara - Tanzanite, and where 502 sits

All 25 3-beds →

502 last sold in April 2013 at AED 1,721 per sqft, in line with what three-beds in Tiara - Tanzanite were fetching at the time (AED 1,676). Over the last 12 months three-beds sold for AED 8,200,000, around AED 3,428 per sqft, and rent for AED 235,000 to 630,000 a year.

Recent 3-bed salesUnit no.Price (AED)Summary
24 Aug 20268,200,000
5 Aug 20258,000,000
26 May 202511,500,000
16 May 202512,140,514
1 3-bed sale 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 5th floor

All 79 units in Tiara - Tanzanite
Value
5012-bedAED 2.68M · May 2010
5031-bedAED 2.18M · Nov 2012
5041-bedAED 2.18M · Sep 2011
5053-bedAED 4.85M · Apr 2021
5062-bedAED 3.02M · May 2016

502, Tiara - Tanzanite in numbers

  • Sold 3 times: first on 1 March 2009 for AED 4,055,600, last on 28 April 2013 for AED 3,900,000 (AED 1,721 per sqft).
  • Three-beds in Tiara - Tanzanite sold for AED 8,200,000–8,200,000 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 28 April 2013.

Questions about 502, Tiara - Tanzanite

What did unit 502 last sell for?

AED 3,900,000 on 28 April 2013: AED 1,721 per sqft for 2,266 sqft. The unit has 3 registered sales; the first was AED 4,055,600 in March 2009.

How big is unit 502?

2,266 sqft (210.5 sqm): a three-bedroom apartment on the 5th floor of a 12-storey tower completed in 2009.

What is unit 502 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Tiara - Tanzanite sold for AED 8,200,000 to 8,200,000 in the last 12 months, around AED 3,428 per sqft.

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Mortgage on 502, Tiara - Tanzanite

Starts from the last sale price (AED 3.9M, 28 April 2013). Switch to today's estimate once you have unlocked it.
Price
AED 3,900,000
Deposit, UAE resident (20%)
AED 780,000
Deposit, non-resident (40%)
AED 1,560,000
Monthly over 25 years at 3.7%
AED 15,956

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