2-bed · 1,677 sqftTiara - Tanzanite, Palm Jumeirah · 6th floor · completed 2009

601, Tiara - Tanzanite

Sold prices and rental history: sold twice, last in June 2011, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 601 · DLD and Ejari recordsUpdated 1 November 2023
Last soldAED 2.97M7 June 2011
Current rentAED 163K /yr1 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 601, Tiara - Tanzanite

What is 601 worth today?

Last sold for AED 2,970,400 in 2011

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1 Nov 2023RentedRenewal
AED 162,750/yr12 months · AED 97 per sqft
1 Nov 2022RentedRenewal
AED 155,000/yr12 months · AED 92 per sqft
31 Oct 2021RentedRenewal
AED 139,612/yr12 months · AED 83 per sqft
1 Sep 2020RentedNew contract
AED 146,250/yr14 months · AED 87 per sqft
1 Dec 2019RentedNew contract
AED 150,000/yr12 months · AED 89 per sqft
10 May 2017RentedNew contract
AED 200,000/yr12 months · AED 119 per sqft
7 Jun 2011SoldReady
AED 2,970,400AED 1,771 per sqft
1 Mar 2009Sold by developerOff-plan
AED 2,970,400AED 1,771 per sqft

Source: Dubai Land Department. Updated 1 November 2023.

Key facts

Type
2-bed apartment
Size
1,677 sqft
Floor
6th of 12
Parking
1343
Developer
Zabeel Investments
Completed
2009
Service charge
AED 29,200 /yr
Last sold
AED 2.97M · June 2011

About 601, Tiara - Tanzanite

601 is a two-bedroom apartment of 1,677 sqft on the 6th floor of Tiara - Tanzanite, a 12-storey tower in Palm Jumeirah completed in 2009 by Zabeel Investments. It last sold on 7 June 2011 for AED 2,970,400, or AED 1,771 per sqft, in line with the AED 1,771 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, renewed on 1 November 2023, is AED 162,750 a year: a gross yield of 5.5% on the 2011 price, before the service charge of about AED 29,200 a year.

Sales and rents for 601 over time

Sales
Unit 601, each saleTypical two-bed in Tiara - Tanzanite
2M4M6M2009201420192024Typical sale price by year: 2009 AED 3,052,900; 2011 AED 2,785,200; 2012 AED 2,710,000; 2013 AED 2,925,778; 2016 AED 3,019,467; 2019 AED 2,325,000; 2021 AED 2,205,000; 2022 AED 3,700,000; 2023 AED 4,200,000; 2025 AED 4,250,000; 2026 AED 5,750,000Sold by developer, March 2009: AED 2,970,400 (AED 1,771 per sqft)Sold, June 2011: AED 2,970,400 (AED 1,771 per sqft)

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

Rents
Unit 601, each contractTypical two-bed in Tiara - Tanzanite
150K200K2013201720212025Typical rent by year: 2013 AED 200,000; 2014 AED 200,000; 2015 AED 200,000; 2016 AED 189,426; 2017 AED 180,000; 2018 AED 180,000; 2019 AED 165,000; 2020 AED 142,500; 2021 AED 145,000; 2022 AED 152,500; 2023 AED 170,000; 2024 AED 185,000; 2025 AED 225,000; 2026 AED 220,000New contract, May 2017: AED 200,000 a yearNew contract, December 2019: AED 150,000 a yearNew contract, September 2020: AED 146,250 a yearRenewal, October 2021: AED 139,612 a yearRenewal, November 2022: AED 155,000 a yearRenewal, November 2023: AED 162,750 a year

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 601 sits

All 30 2-beds →

601 last sold in June 2011 at AED 1,771 per sqft, in line with what two-beds in Tiara - Tanzanite were fetching at the time (AED 1,771). 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. 601's AED 162,750 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
21 Oct 20264,999,999
5 Feb 20266,300,000
5 Jan 20265,750,000
11 Jun 20254,100,000
3 2-bed sales 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 6th floor

All 79 units in Tiara - Tanzanite
Value
6023-bedAED 8M · Aug 2025
6031-bedAED 2M · May 2019
6041-bedAED 2.19M · May 2010
6053-bedAED 4.29M · Jan 2011
6062-bedAED 5M · May 2025

601, Tiara - Tanzanite in numbers

  • Sold twice: first on 1 March 2009 for AED 2,970,400, last on 7 June 2011 for AED 2,970,400 (AED 1,771 per sqft).
  • Rented since May 2017 on 6 Ejari contracts. The rent fell from AED 200,000 to AED 139,612 in 2021 and recovered to AED 162,750 by November 2023.
  • At AED 162,750 a year the gross yield on the 2011 price is 5.5%, 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 1 November 2023.

Questions about 601, Tiara - Tanzanite

What did unit 601 last sell for?

AED 2,970,400 on 7 June 2011: AED 1,771 per sqft for 1,677 sqft. The unit has 2 registered sales; the first was AED 2,970,400 in March 2009.

What is the rent for unit 601?

AED 162,750 a year on the contract renewed on 1 November 2023. The previous contract, from November 2022, was AED 155,000; the unit has been rented since May 2017.

How big is unit 601?

1,677 sqft (155.8 sqm): a two-bedroom apartment on the 6th floor of a 12-storey tower completed in 2009.

What is unit 601 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 601, Tiara - Tanzanite

Starts from the last sale price (AED 2.97M, 7 June 2011). Switch to today's estimate once you have unlocked it.
Price
AED 2,970,400
Deposit, UAE resident (20%)
AED 594,080
Deposit, non-resident (40%)
AED 1,188,160
Monthly over 25 years at 3.7%
AED 12,153

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