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3-bed · 2,392 sqftTiara - Tanzanite, Palm Jumeirah · 7th floor · completed 2009

705, Tiara - Tanzanite

Sold prices and rental history: sold 4 times, last in January 2019, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 705 · DLD and Ejari recordsUpdated 20 January 2019
Last soldAED 5M20 January 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 705, Tiara - Tanzanite

What is 705 worth today?

Last sold for AED 5,000,000 in 2019

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20 Jan 2019SoldReady
AED 5,000,000AED 2,090 per sqft
28 Aug 2012SoldReady
AED 2,200,000AED 919 per sqft
14 Jun 2012SoldReady
AED 4,351,200AED 1,819 per sqft
1 Mar 2009Sold by developerOff-plan
AED 4,351,200AED 1,819 per sqft

Source: Dubai Land Department. Updated 20 January 2019.

Key facts

Type
3-bed apartment
Size
2,392 sqft
Floor
7th of 12
Parking
2368,2429
Developer
Zabeel Investments
Completed
2009
Service charge
AED 41,600 /yr
Last sold
AED 5M · January 2019
Building
Tiara - Tanzanite

About 705, Tiara - Tanzanite

705 is a three-bedroom apartment of 2,392 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 20 January 2019 for AED 5,000,000, or AED 2,090 per sqft, in line with the AED 2,090 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 705 over time

Sales
Unit 705, each saleTypical three-bed in Tiara - Tanzanite
5M10M2009201420192024Typical sale price by year: 2009 AED 4,410,800; 2011 AED 4,530,000; 2012 AED 3,953,710; 2013 AED 3,820,555; 2014 AED 5,100,000; 2025 AED 9,750,000Sold by developer, March 2009: AED 4,351,200 (AED 1,819 per sqft)Sold, June 2012: AED 4,351,200 (AED 1,819 per sqft)Sold, August 2012: AED 2,200,000 (AED 919 per sqft)Sold, January 2019: AED 5,000,000 (AED 2,090 per sqft)

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

Rents
Unit 705, each contractTypical three-bed in Tiara - Tanzanite
200K300K2013201720212025Typical rent by year: 2013 AED 275,000; 2014 AED 341,305; 2015 AED 310,000; 2016 AED 310,000; 2017 AED 276,500; 2018 AED 255,000; 2019 AED 235,000; 2020 AED 197,500; 2021 AED 190,000; 2022 AED 260,000; 2023 AED 285,000; 2024 AED 307,500; 2025 AED 305,000; 2026 AED 311,750

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 705 sits

All 25 3-beds →

705 last sold in January 2019 at AED 2,090 per sqft, in line with what three-beds in Tiara - Tanzanite were fetching at the time (AED 2,090). 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.

Recent 3-bed salesUnit no.Price (AED)Summary
24 Aug 20268,200,000
5 Aug 20258,000,000
26 May 202511,500,000
16 May 202512,140,514
1 3-bed sale 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
7012-bedAED 3.7M · Apr 2022
7023-bedAED 4.8M · Mar 2012
7031-bedAED 1.94M · Sep 2016
7041-bedAED 2.18M · Oct 2021
7062-bedAED 3.9M · May 2023

705, Tiara - Tanzanite in numbers

  • Sold 4 times: first on 1 March 2009 for AED 4,351,200, last on 20 January 2019 for AED 5,000,000 (AED 2,090 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 20 January 2019.

Questions about 705, Tiara - Tanzanite

What did unit 705 last sell for?

AED 5,000,000 on 20 January 2019: AED 2,090 per sqft for 2,392 sqft. The unit has 4 registered sales; the first was AED 4,351,200 in March 2009.

How big is unit 705?

2,392 sqft (222.2 sqm): a three-bedroom apartment on the 7th floor of a 12-storey tower completed in 2009.

What is unit 705 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 705, Tiara - Tanzanite

Starts from the last sale price (AED 5M, 20 January 2019). Switch to today's estimate once you have unlocked it.
Price
AED 5,000,000
Deposit, UAE resident (20%)
AED 1,000,000
Deposit, non-resident (40%)
AED 2,000,000
Monthly over 25 years at 3.7%
AED 20,457

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