1-bed · 1,299 sqftTiara - Tanzanite, Palm Jumeirah · 5th floor · completed 2009

503, Tiara - Tanzanite

Sold prices and rental history: sold twice, last in November 2012, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 503 · DLD and Ejari recordsUpdated 3 March 2026
Last soldAED 2.18M28 November 2012
Current rentAED 210K /yr3 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 503, Tiara - Tanzanite

What is 503 worth today?

Last sold for AED 2,175,231 in 2012

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3 Mar 2026RentedNew contract
AED 210,000/yr12 months · AED 161 per sqft
28 Mar 2023RentedRenewal
AED 135,000/yr12 months · AED 105 per sqft
28 Mar 2020RentedNew contract
AED 120,000/yr12 months · AED 92 per sqft
23 Nov 2018RentedRenewal
AED 125,000/yr12 months · AED 96 per sqft
23 Nov 2017RentedNew contract
AED 135,000/yr12 months · AED 104 per sqft
19 Oct 2014RentedNew contract
AED 130,000/yr12 months · AED 100 per sqft
28 Nov 2012SoldReady
AED 2,175,231AED 1,674 per sqft
20 May 2010Sold by developerOff-plan
AED 2,175,231AED 1,674 per sqft

Source: Dubai Land Department. Updated 3 March 2026.

Key facts

Type
1-bed apartment
Size
1,299 sqft
Floor
5th of 12
Parking
2483
Developer
Zabeel Investments
Completed
2009
Service charge
AED 22,600 /yr
Last sold
AED 2.18M · November 2012

About 503, Tiara - Tanzanite

503 is a one-bedroom apartment of 1,299 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 November 2012 for AED 2,175,231, or AED 1,674 per sqft, in line with the AED 1,665 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, signed on 3 March 2026, is AED 210,000 a year: a gross yield of 9.7% on the 2012 price, before the service charge of about AED 22,600 a year.

Sales and rents for 503 over time

Sales
Unit 503, each saleTypical one-bed in Tiara - Tanzanite
2M3M2009201320172021Typical sale price by year: 2009 AED 2,466,400; 2010 AED 2,190,284; 2011 AED 2,175,231; 2012 AED 2,175,231; 2013 AED 2,067,555; 2014 AED 3,100,000; 2017 AED 2,550,000; 2018 AED 2,100,000; 2019 AED 1,630,000; 2021 AED 1,650,000; 2022 AED 2,302,500; 2023 AED 2,950,000Sold by developer, May 2010: AED 2,175,231 (AED 1,674 per sqft)Sold, November 2012: AED 2,175,231 (AED 1,674 per sqft)

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

Rents
Unit 503, each contractTypical one-bed in Tiara - Tanzanite
100K150K200K2013201720212025Typical rent by year: 2013 AED 137,500; 2014 AED 152,250; 2015 AED 155,000; 2016 AED 150,000; 2017 AED 155,000; 2018 AED 132,500; 2019 AED 127,500; 2020 AED 114,000; 2021 AED 112,000; 2022 AED 120,000; 2023 AED 135,000; 2024 AED 167,500; 2025 AED 190,000; 2026 AED 168,000New contract, October 2014: AED 130,000 a yearNew contract, November 2017: AED 135,000 a yearRenewal, November 2018: AED 125,000 a yearNew contract, March 2020: AED 120,000 a yearRenewal, March 2023: AED 135,000 a yearNew contract, March 2026: AED 210,000 a year

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

1-beds in Tiara - Tanzanite, and where 503 sits

All 34 1-beds →

503 last sold in November 2012 at AED 1,674 per sqft, in line with what one-beds in Tiara - Tanzanite were fetching at the time (AED 1,665). Over the last 12 months one-beds sold for AED 3,950,000, around AED 3,040 per sqft, and rent for AED 140,000 to 250,000 a year. 503's AED 210,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
13 Feb 20263,950,000
22 Oct 20255,600,000
12 Dec 20233,150,000
14 Nov 20232,900,000
1 1-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
5023-bedAED 3.9M · Apr 2013
5041-bedAED 2.18M · Sep 2011
5053-bedAED 4.85M · Apr 2021
5062-bedAED 3.02M · May 2016

503, Tiara - Tanzanite in numbers

  • Sold twice: first on 20 May 2010 for AED 2,175,231, last on 28 November 2012 for AED 2,175,231 (AED 1,674 per sqft).
  • Rented since October 2014 on 6 Ejari contracts, from AED 130,000 to AED 210,000 a year.
  • At AED 210,000 a year the gross yield on the 2012 price is 9.7%, before a service charge of about AED 22,600 a year (AED 17.41 per sqft).
  • One-beds in Tiara - Tanzanite sold for AED 3,950,000–3,950,000 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 3 March 2026.

Questions about 503, Tiara - Tanzanite

What did unit 503 last sell for?

AED 2,175,231 on 28 November 2012: AED 1,674 per sqft for 1,299 sqft. The unit has 2 registered sales; the first was AED 2,175,231 in May 2010.

What is the rent for unit 503?

AED 210,000 a year on the contract signed on 3 March 2026. The previous contract, from March 2023, was AED 135,000; the unit has been rented since October 2014.

How big is unit 503?

1,299 sqft (120.7 sqm): a one-bedroom apartment on the 5th floor of a 12-storey tower completed in 2009.

What is unit 503 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Tiara - Tanzanite sold for AED 3,950,000 to 3,950,000 in the last 12 months, around AED 3,040 per sqft.

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Mortgage on 503, Tiara - Tanzanite

Starts from the last sale price (AED 2.18M, 28 November 2012). Switch to today's estimate once you have unlocked it.
Price
AED 2,175,231
Deposit, UAE resident (20%)
AED 435,046
Deposit, non-resident (40%)
AED 870,092
Monthly over 25 years at 3.7%
AED 8,900

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