706, Tiara - Tanzanite
Sold prices and rental history: sold 4 times, last in May 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 706, Tiara - Tanzanite
What is 706 worth today?
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Source: Dubai Land Department. Updated 24 May 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,677 sqft
- Floor
- 7th of 12
- Parking
- 1360
- Developer
- Zabeel Investments
- Completed
- 2009
- Service charge
- AED 29,200 /yr
- Last sold
- AED 3.9M · May 2023
- Building
- Tiara - Tanzanite
About 706, Tiara - Tanzanite
706 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 24 May 2023 for AED 3,900,000, or AED 2,325 per sqft, in line with the AED 2,265 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, renewed on 1 October 2022, is AED 150,000 a year: a gross yield of 3.9% on the 2023 price, before the service charge of about AED 29,200 a year.
Sales and rents for 706 over time
706 has sold 4 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 706 sits
All 30 2-beds →706 last sold in May 2023 at AED 2,325 per sqft, in line with what two-beds in Tiara - Tanzanite were fetching at the time (AED 2,265). 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. 706's AED 150,000 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 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 | |
| 702 | 3-bed | 2,266 sqft | AED 4.8MAED 4,795,385 · Mar 2012March 2012 | 189,969 /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, Tiara - Tanzanite in numbers
- Sold 4 times: first on 1 March 2009 for AED 3,142,600, last on 24 May 2023 for AED 3,900,000 (AED 2,325 per sqft).
- Rented since September 2014 on 8 Ejari contracts, from AED 173,250 to AED 150,000 a year.
- At AED 150,000 a year the gross yield on the 2023 price is 3.9%, 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 24 May 2023.
Questions about 706, Tiara - Tanzanite
What did unit 706 last sell for?
AED 3,900,000 on 24 May 2023: AED 2,325 per sqft for 1,677 sqft. The unit has 4 registered sales; the first was AED 3,142,600 in March 2009.
What is the rent for unit 706?
AED 150,000 a year on the contract renewed on 1 October 2022. The previous contract, from September 2021, was AED 140,000; the unit has been rented since September 2014.
How big is unit 706?
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 706 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 706, Tiara - Tanzanite
Starts from the last sale price (AED 3.9M, 24 May 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 3,900,000
- Deposit, UAE resident (20%)
- AED 780,000
- Deposit, non-resident (40%)
- AED 1,560,000
- Monthly over 25 years at 3.7%
- AED 15,956
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →