505, Tiara - Tanzanite
Sold prices and rental history: sold 5 times, last in April 2021, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 505, Tiara - Tanzanite
What is 505 worth today?
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Source: Dubai Land Department. Updated 13 April 2021.
Key facts
- Type
- 3-bed apartment
- Size
- 2,392 sqft
- Floor
- 5th of 12
- Parking
- 2377, 2378
- Developer
- Zabeel Investments
- Completed
- 2009
- Service charge
- AED 41,600 /yr
- Last sold
- AED 4.85M · April 2021
- Building
- Tiara - Tanzanite
About 505, Tiara - Tanzanite
505 is a three-bedroom apartment of 2,392 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 April 2021 for AED 4,850,000, or AED 2,027 per sqft.
It has been rented since 2014 on 3 Ejari contracts. The current contract, renewed on 8 October 2018, is AED 260,000 a year: a gross yield of 5.4% on the 2021 price, before the service charge of about AED 41,600 a year.
Sales and rents for 505 over time
505 has sold 5 times; the dashed line is the three-bed median of each year in the building.
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 505 sits
All 25 3-beds →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. 505's AED 260,000 is in the lower half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Aug 202624 August 2026 | 2,392 sqft | 8,200,000 | 3,428 | ||
| 5 Aug 20255 August 2025 | 2,266 sqft | 8,000,000 | 3,530 | ||
| 26 May 202526 May 2025 | 2,392 sqft | 11,500,000 | 4,807 | ||
| 16 May 202516 May 2025 | 2,392 sqft | 12,140,514 | 5,075 |
Tiara - Tanzanite
Building79 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%
Other units on the 5th floor
All 79 units in Tiara - Tanzanite| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,677 sqft | AED 2.68MAED 2,677,568 · May 2010May 2010 | 240,000 /yr | |
| 502 | 3-bed | 2,266 sqft | AED 3.9MAED 3,900,000 · Apr 2013April 2013 | ||
| 503 | 1-bed | 1,299 sqft | AED 2.18MAED 2,175,231 · Nov 2012November 2012 | 210,000 /yr | |
| 504 | 1-bed | 1,296 sqft | AED 2.18MAED 2,175,231 · Sep 2011September 2011 | 135,000 /yr | |
| 506 | 2-bed | 1,677 sqft | AED 3.02MAED 3,018,628 · May 2016May 2016 | 184,000 /yr |
505, Tiara - Tanzanite in numbers
- Sold 5 times: first on 23 February 2008 for AED 4,055,600, last on 13 April 2021 for AED 4,850,000 (AED 2,027 per sqft).
- Rented since November 2014 on 3 Ejari contracts, from AED 332,609 to AED 260,000 a year.
- At AED 260,000 a year the gross yield on the 2021 price is 5.4%, before a service charge of about AED 41,600 a year (AED 17.41 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 13 April 2021.
Questions about 505, Tiara - Tanzanite
What did unit 505 last sell for?
AED 4,850,000 on 13 April 2021: AED 2,027 per sqft for 2,392 sqft. The unit has 5 registered sales; the first was AED 4,055,600 in February 2008.
What is the rent for unit 505?
AED 260,000 a year on the contract renewed on 8 October 2018. The previous contract, from October 2017, was AED 259,303; the unit has been rented since November 2014.
How big is unit 505?
2,392 sqft (222.2 sqm): a three-bedroom apartment on the 5th floor of a 12-storey tower completed in 2009.
What is unit 505 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 505, Tiara - Tanzanite
Starts from the last sale price (AED 4.85M, 13 April 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 4,850,000
- Deposit, UAE resident (20%)
- AED 970,000
- Deposit, non-resident (40%)
- AED 1,940,000
- Monthly over 25 years at 3.7%
- AED 19,843
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →