1-bed · 1,296 sqftTiara - Tanzanite, Palm Jumeirah · 5th floor · completed 2009

504, Tiara - Tanzanite

Sold prices and rental history: sold twice, last in September 2011, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 504 · DLD and Ejari recordsUpdated 20 February 2025
Last soldAED 2.18M13 September 2011
Current rentAED 135K /yr20 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 504, Tiara - Tanzanite

What is 504 worth today?

Last sold for AED 2,175,231 in 2011

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20 Feb 2025RentedRenewal
AED 135,000/yr12 months · AED 105 per sqft
20 Feb 2025RentedRenewal
AED 135,000/yr12 months · AED 105 per sqft
20 Feb 2024RentedRenewal
AED 135,000/yr12 months · AED 105 per sqft
20 Feb 2023RentedRenewal
AED 135,000/yr12 months · AED 105 per sqft
20 Feb 2022RentedNew contract
AED 135,000/yr12 months · AED 105 per sqft
9 Jul 2020RentedRenewal
AED 100,000/yr12 months · AED 77 per sqft
9 Jul 2019RentedRenewal
AED 120,000/yr12 months · AED 93 per sqft
9 Jul 2018RentedRenewal
AED 120,000/yr12 months · AED 93 per sqft

Source: Dubai Land Department. Updated 20 February 2025.

Key facts

Type
1-bed apartment
Size
1,296 sqft
Floor
5th of 12
Parking
2485
Developer
Zabeel Investments
Completed
2009
Service charge
AED 22,600 /yr
Last sold
AED 2.18M · September 2011

About 504, Tiara - Tanzanite

504 is a one-bedroom apartment of 1,296 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 13 September 2011 for AED 2,175,231, or AED 1,678 per sqft.

It has been rented continuously since 2015 on 10 Ejari contracts. The current contract, renewed on 20 February 2025, is AED 135,000 a year: a gross yield of 6.2% on the 2011 price, before the service charge of about AED 22,600 a year.

Sales and rents for 504 over time

Sales
Unit 504, 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 1,678 per sqft)Sold, September 2011: AED 2,175,231 (AED 1,678 per sqft)

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

Rents
Unit 504, 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, July 2015: AED 135,000 a yearNew contract, July 2017: AED 135,000 a yearRenewal, July 2018: AED 120,000 a yearRenewal, July 2019: AED 120,000 a yearRenewal, July 2020: AED 100,000 a yearNew contract, February 2022: AED 135,000 a yearRenewal, February 2023: AED 135,000 a yearRenewal, February 2024: AED 135,000 a yearRenewal, February 2025: AED 135,000 a yearRenewal, February 2025: AED 135,000 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 504 sits

All 34 1-beds →

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. 504's AED 135,000 is at the bottom 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
5031-bedAED 2.18M · Nov 2012
5053-bedAED 4.85M · Apr 2021
5062-bedAED 3.02M · May 2016

504, Tiara - Tanzanite in numbers

  • Sold twice: first on 18 May 2010 for AED 2,175,231, last on 13 September 2011 for AED 2,175,231 (AED 1,678 per sqft).
  • Rented since July 2015 on 10 Ejari contracts. The rent fell from AED 135,000 to AED 100,000 in 2020 and recovered to AED 135,000 by February 2025.
  • At AED 135,000 a year the gross yield on the 2011 price is 6.2%, 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 20 February 2025.

Questions about 504, Tiara - Tanzanite

What did unit 504 last sell for?

AED 2,175,231 on 13 September 2011: AED 1,678 per sqft for 1,296 sqft. The unit has 2 registered sales; the first was AED 2,175,231 in May 2010.

What is the rent for unit 504?

AED 135,000 a year on the contract renewed on 20 February 2025. The previous contract, from February 2025, was AED 135,000; the unit has been rented since July 2015.

How big is unit 504?

1,296 sqft (120.4 sqm): a one-bedroom apartment on the 5th floor of a 12-storey tower completed in 2009.

What is unit 504 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 504, Tiara - Tanzanite

Starts from the last sale price (AED 2.18M, 13 September 2011). 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 →