3-bed · 2,266 sqftTiara - Tanzanite, Palm Jumeirah · 8th floor · completed 2009

802, Tiara - Tanzanite

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

Unit 802 · DLD and Ejari recordsUpdated 13 June 2022
Last soldAED 5.1M13 June 2022
Current rentAED 190K /yr10 December 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 802, Tiara - Tanzanite

What is 802 worth today?

Last sold for AED 5,100,000 in 2022

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13 Jun 2022SoldReady
AED 5,100,000AED 2,250 per sqft
10 Dec 2021RentedRenewal
AED 190,000/yr12 months · AED 84 per sqft
10 Dec 2020RentedNew contract
AED 190,000/yr12 months · AED 84 per sqft
15 Jul 2019RentedRenewal
AED 230,698/yr12 months · AED 102 per sqft
15 Jul 2018RentedNew contract
AED 240,000/yr12 months · AED 106 per sqft
13 Sep 2013RentedNew contract
AED 120,000/yr24 months · AED 53 per sqft
14 Apr 2013Sold by developerReady
AED 3,569,555AED 1,575 per sqft

Source: Dubai Land Department. Updated 13 June 2022.

Key facts

Type
3-bed apartment
Size
2,266 sqft
Floor
8th of 12
Parking
1334, 1338
Developer
Zabeel Investments
Completed
2009
Service charge
AED 39,500 /yr
Last sold
AED 5.1M · June 2022

About 802, Tiara - Tanzanite

802 is a three-bedroom apartment of 2,266 sqft on the 8th floor of Tiara - Tanzanite, a 12-storey tower in Palm Jumeirah completed in 2009 by Zabeel Investments. It last sold on 13 June 2022 for AED 5,100,000, or AED 2,250 per sqft.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, renewed on 10 December 2021, is AED 190,000 a year: a gross yield of 3.7% on the 2022 price, before the service charge of about AED 39,500 a year.

Sales and rents for 802 over time

Sales
Unit 802, 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, April 2013: AED 3,569,555 (AED 1,575 per sqft)Sold, June 2022: AED 5,100,000 (AED 2,250 per sqft)

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

Rents
Unit 802, each contractTypical three-bed in Tiara - Tanzanite
200K2013201720212025Typical 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 311,750New contract, September 2013: AED 120,000 a yearNew contract, July 2018: AED 240,000 a yearRenewal, July 2019: AED 230,698 a yearNew contract, December 2020: AED 190,000 a yearRenewal, December 2021: AED 190,000 a year

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 802 sits

All 25 3-beds →

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. 802's AED 190,000 is at the bottom of that range.

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 8th floor

All 79 units in Tiara - Tanzanite
Value
8012-bedAED 3.7M · Oct 2022
8031-bedAED 2.2M · Jul 2013
8041-bedAED 3.3M · Jan 2014
8053-bedAED 6.6M · Jun 2013
8062-bedAED 4.25M · Feb 2023

802, Tiara - Tanzanite in numbers

  • Sold twice: first on 14 April 2013 for AED 3,569,555, last on 13 June 2022 for AED 5,100,000 (AED 2,250 per sqft).
  • Rented since September 2013 on 5 Ejari contracts, from AED 120,000 to AED 190,000 a year.
  • At AED 190,000 a year the gross yield on the 2022 price is 3.7%, 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 13 June 2022.

Questions about 802, Tiara - Tanzanite

What did unit 802 last sell for?

AED 5,100,000 on 13 June 2022: AED 2,250 per sqft for 2,266 sqft. The unit has 2 registered sales; the first was AED 3,569,555 in April 2013.

What is the rent for unit 802?

AED 190,000 a year on the contract renewed on 10 December 2021. The previous contract, from December 2020, was AED 190,000; the unit has been rented since September 2013.

How big is unit 802?

2,266 sqft (210.5 sqm): a three-bedroom apartment on the 8th floor of a 12-storey tower completed in 2009.

What is unit 802 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 802, Tiara - Tanzanite

Starts from the last sale price (AED 5.1M, 13 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 5,100,000
Deposit, UAE resident (20%)
AED 1,020,000
Deposit, non-resident (40%)
AED 2,040,000
Monthly over 25 years at 3.7%
AED 20,866

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