506, Tiara - Tanzanite
Sold prices and rental history: sold 3 times, last in May 2016, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, Tiara - Tanzanite
What is 506 worth today?
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Source: Dubai Land Department. Updated 20 March 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,677 sqft
- Floor
- 5th of 12
- Parking
- 1344
- Developer
- Zabeel Investments
- Completed
- 2009
- Service charge
- AED 29,200 /yr
- Last sold
- AED 3.02M · May 2016
- Building
- Tiara - Tanzanite
About 506, Tiara - Tanzanite
506 is a two-bedroom apartment of 1,677 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 12 May 2016 for AED 3,018,628, or AED 1,799 per sqft, in line with the AED 1,799 two-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 14 Ejari contracts. The current contract, renewed on 20 March 2026, is AED 184,000 a year: a gross yield of 6.1% on the 2016 price, before the service charge of about AED 29,200 a year.
Sales and rents for 506 over time
506 has sold 3 times; the dashed line is the two-bed median of each year in the building.
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 506 sits
All 30 2-beds →506 last sold in May 2016 at AED 1,799 per sqft, in line with what two-beds in Tiara - Tanzanite were fetching at the time (AED 1,799). 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. 506's AED 184,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 21 Oct 202621 October 2026 | 1,900 sqft | 4,999,999 | 2,631 | ||
| 5 Feb 20265 February 2026 | 1,677 sqft | 6,300,000 | 3,756 | ||
| 5 Jan 20265 January 2026 | 1,677 sqft | 5,750,000 | 3,428 | ||
| 11 Jun 202511 June 2025 | 1,677 sqft | 4,100,000 | 2,444 |
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 | |
| 505 | 3-bed | 2,392 sqft | AED 4.85MAED 4,850,000 · Apr 2021April 2021 | 260,000 /yr |
506, Tiara - Tanzanite in numbers
- Sold 3 times: first on 1 March 2009 for AED 4,950,720, last on 12 May 2016 for AED 3,018,628 (AED 1,799 per sqft).
- Rented since October 2012 on 14 Ejari contracts. The rent fell from AED 185,000 to AED 150,000 in 2022 and recovered to AED 184,000 by March 2026.
- At AED 184,000 a year the gross yield on the 2016 price is 6.1%, 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 20 March 2026.
Questions about 506, Tiara - Tanzanite
What did unit 506 last sell for?
AED 3,018,628 on 12 May 2016: AED 1,799 per sqft for 1,677 sqft. The unit has 3 registered sales; the first was AED 4,950,720 in March 2009.
What is the rent for unit 506?
AED 184,000 a year on the contract renewed on 20 March 2026. The previous contract, from March 2025, was AED 184,000; the unit has been rented since October 2012.
How big is unit 506?
1,677 sqft (155.8 sqm): a two-bedroom apartment on the 5th floor of a 12-storey tower completed in 2009.
What is unit 506 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 506, Tiara - Tanzanite
Starts from the last sale price (AED 3.02M, 12 May 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 3,018,628
- Deposit, UAE resident (20%)
- AED 603,726
- Deposit, non-resident (40%)
- AED 1,207,451
- Monthly over 25 years at 3.7%
- AED 12,350
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →