
702, Tiara - Tanzanite
Sold prices and rental history: sold twice, last in March 2012, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 702, Tiara - Tanzanite
What is 702 worth today?
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Source: Dubai Land Department. Updated 1 December 2020.
Key facts
- Type
- 3-bed apartment
- Size
- 2,266 sqft
- Floor
- 7th of 12
- Parking
- 1332, 1333
- Developer
- Zabeel Investments
- Completed
- 2009
- Service charge
- AED 39,500 /yr
- Last sold
- AED 4.8M · March 2012
- Building
- Tiara - Tanzanite
About 702, Tiara - Tanzanite
702 is a three-bedroom apartment of 2,266 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 6 March 2012 for AED 4,795,385, or AED 2,116 per sqft, in line with the AED 2,069 three-beds in the building were fetching at the time.
It has been rented since 2019 on 2 Ejari contracts. The current contract, signed on 1 December 2020, is AED 189,969 a year: a gross yield of 4.0% on the 2012 price, before the service charge of about AED 39,500 a year.
Sales and rents for 702 over time
702 has sold twice; 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 702 sits
All 25 3-beds →702 last sold in March 2012 at AED 2,116 per sqft, in line with what three-beds in Tiara - Tanzanite were fetching at the time (AED 2,069). 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. 702's AED 189,969 is at the bottom 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 7th floor
All 79 units in Tiara - Tanzanite| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 2-bed | 1,677 sqft | AED 3.7MAED 3,700,000 · Apr 2022April 2022 | 240,000 /yr | |
| 703 | 1-bed | 1,299 sqft | AED 1.94MAED 1,940,000 · Sep 2016September 2016 | 200,000 /yr | |
| 704 | 1-bed | 1,296 sqft | AED 2.18MAED 2,175,000 · Oct 2021October 2021 | 98,419 /yr | |
| 705 | 3-bed | 2,392 sqft | AED 5MAED 5,000,000 · Jan 2019January 2019 | ||
| 706 | 2-bed | 1,677 sqft | AED 3.9MAED 3,900,000 · May 2023May 2023 | 150,000 /yr |
702, Tiara - Tanzanite in numbers
- Sold twice: first on 1 March 2009 for AED 4,795,385, last on 6 March 2012 for AED 4,795,385 (AED 2,116 per sqft).
- Rented since July 2019 on 2 Ejari contracts, from AED 220,000 to AED 189,969 a year.
- At AED 189,969 a year the gross yield on the 2012 price is 4.0%, before a service charge of about AED 39,500 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 1 December 2020.
Questions about 702, Tiara - Tanzanite
What did unit 702 last sell for?
AED 4,795,385 on 6 March 2012: AED 2,116 per sqft for 2,266 sqft. The unit has 2 registered sales; the first was AED 4,795,385 in March 2009.
What is the rent for unit 702?
AED 189,969 a year on the contract signed on 1 December 2020. The previous contract, from July 2019, was AED 220,000.
How big is unit 702?
2,266 sqft (210.5 sqm): a three-bedroom apartment on the 7th floor of a 12-storey tower completed in 2009.
What is unit 702 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 702, Tiara - Tanzanite
Starts from the last sale price (AED 4.8M, 6 March 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 4,795,385
- Deposit, UAE resident (20%)
- AED 959,077
- Deposit, non-resident (40%)
- AED 1,918,154
- Monthly over 25 years at 3.7%
- AED 19,619
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →