2-bed · 1,677 sqftTiara - Tanzanite, Palm Jumeirah · 7th floor · completed 2009

701, Tiara - Tanzanite

Sold prices and rental history: sold 4 times, last in April 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 701 · DLD and Ejari recordsUpdated 1 July 2026
Last soldAED 3.7M18 April 2022
Current rentAED 240K /yr1 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 701, Tiara - Tanzanite

What is 701 worth today?

Last sold for AED 3,700,000 in 2022

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Jul 2026RentedRenewal
AED 240,000/yr12 months · AED 143 per sqft
1 Jul 2025RentedRenewal
AED 240,000/yr12 months · AED 143 per sqft
1 Jul 2024RentedRenewal
AED 240,000/yr12 months · AED 143 per sqft
1 Jul 2023RentedNew contract
AED 240,000/yr12 months · AED 143 per sqft
1 Jul 2022RentedNew contract
AED 240,000/yr12 months · AED 143 per sqft
18 Apr 2022SoldReady
AED 3,700,000AED 2,206 per sqft
29 Jan 2019SoldReady
AED 2,600,000AED 1,550 per sqft
21 Oct 2013RentedNew contract
AED 200,000/yr12 months · AED 119 per sqft

Source: Dubai Land Department. Updated 1 July 2026.

Key facts

Type
2-bed apartment
Size
1,677 sqft
Floor
7th of 12
Parking
1361
Developer
Zabeel Investments
Completed
2009
Service charge
AED 29,200 /yr
Last sold
AED 3.7M · April 2022

About 701, Tiara - Tanzanite

701 is a two-bedroom apartment of 1,677 sqft on the 7th floor of Tiara - Tanzanite, a 12-storey tower in Palm Jumeirah completed in 2009 by Zabeel Investments. It last sold on 18 April 2022 for AED 3,700,000, or AED 2,206 per sqft, 68% above the AED 1,314 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 1 July 2026, is AED 240,000 a year: a gross yield of 6.5% on the 2022 price, before the service charge of about AED 29,200 a year.

Sales and rents for 701 over time

Sales
Unit 701, 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 3,011,700 (AED 1,795 per sqft)Sold, February 2012: AED 3,011,700 (AED 1,795 per sqft)Sold, January 2019: AED 2,600,000 (AED 1,550 per sqft)Sold, April 2022: AED 3,700,000 (AED 2,206 per sqft)

701 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 701, each contractTypical two-bed in Tiara - Tanzanite
150K200K250K2013201720212025Typical 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, October 2013: AED 200,000 a yearNew contract, July 2022: AED 240,000 a yearNew contract, July 2023: AED 240,000 a yearRenewal, July 2024: AED 240,000 a yearRenewal, July 2025: AED 240,000 a yearRenewal, July 2026: AED 240,000 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 701 sits

All 30 2-beds →

701 last sold in April 2022 at AED 2,206 per sqft, 68% above what two-beds in Tiara - Tanzanite were fetching at the time (AED 1,314). 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. 701's AED 240,000 is in the lower half 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 7th floor

All 79 units in Tiara - Tanzanite
Value
7023-bedAED 4.8M · Mar 2012
7031-bedAED 1.94M · Sep 2016
7041-bedAED 2.18M · Oct 2021
7053-bedAED 5M · Jan 2019
7062-bedAED 3.9M · May 2023

701, Tiara - Tanzanite in numbers

  • Sold 4 times: first on 1 March 2009 for AED 3,011,700, last on 18 April 2022 for AED 3,700,000 (AED 2,206 per sqft).
  • Rented since October 2013 on 6 Ejari contracts, from AED 200,000 to AED 240,000 a year.
  • At AED 240,000 a year the gross yield on the 2022 price is 6.5%, 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 July 2026.

Questions about 701, Tiara - Tanzanite

What did unit 701 last sell for?

AED 3,700,000 on 18 April 2022: AED 2,206 per sqft for 1,677 sqft. The unit has 4 registered sales; the first was AED 3,011,700 in March 2009.

What is the rent for unit 701?

AED 240,000 a year on the contract renewed on 1 July 2026. The previous contract, from July 2025, was AED 240,000; the unit has been rented since October 2013.

How big is unit 701?

1,677 sqft (155.8 sqm): a two-bedroom apartment on the 7th floor of a 12-storey tower completed in 2009.

What is unit 701 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.

Selling 701? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 701, Tiara - Tanzanite

Starts from the last sale price (AED 3.7M, 18 April 2022). Switch to today's estimate once you have unlocked it.
Price
AED 3,700,000
Deposit, UAE resident (20%)
AED 740,000
Deposit, non-resident (40%)
AED 1,480,000
Monthly over 25 years at 3.7%
AED 15,138

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