1-bed · 1,296 sqftTiara - Tanzanite, Palm Jumeirah · 8th floor · completed 2009

804, Tiara - Tanzanite

Sold prices and rental history: sold 3 times, last in January 2014, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 804 · DLD and Ejari recordsUpdated 15 May 2024
Last soldAED 3.3M13 January 2014
Current rentAED 160K /yr15 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 804, Tiara - Tanzanite

What is 804 worth today?

Last sold for AED 3,300,000 in 2014

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15 May 2024RentedRenewal
AED 160,000/yr12 months · AED 124 per sqft
15 May 2023RentedRenewal
AED 160,000/yr12 months · AED 124 per sqft
15 May 2022RentedNew contract
AED 160,000/yr12 months · AED 124 per sqft
19 Nov 2020RentedNew contract
AED 115,000/yr12 months · AED 89 per sqft
19 Apr 2014RentedNew contract
AED 170,000/yr12 months · AED 132 per sqft
13 Jan 2014SoldReady
AED 3,300,000AED 2,546 per sqft
20 May 2013SoldReady
AED 2,300,000AED 1,774 per sqft
10 Apr 2013Sold by developerReady
AED 2,049,555AED 1,581 per sqft

Source: Dubai Land Department. Updated 15 May 2024.

Key facts

Type
1-bed apartment
Size
1,296 sqft
Floor
8th of 12
Parking
2435
Developer
Zabeel Investments
Completed
2009
Service charge
AED 22,600 /yr
Last sold
AED 3.3M · January 2014

About 804, Tiara - Tanzanite

804 is a one-bedroom apartment of 1,296 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 January 2014 for AED 3,300,000, or AED 2,546 per sqft, 61% above the AED 1,578 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, renewed on 15 May 2024, is AED 160,000 a year: a gross yield of 4.9% on the 2014 price, before the service charge of about AED 22,600 a year.

Sales and rents for 804 over time

Sales
Unit 804, each saleTypical one-bed in Tiara - Tanzanite
2M3M2009201320172021Typical sale price by year: 2009 AED 2,466,400; 2010 AED 2,190,284; 2011 AED 2,175,231; 2012 AED 2,175,231; 2013 AED 2,067,555; 2014 AED 3,100,000; 2017 AED 2,550,000; 2018 AED 2,100,000; 2019 AED 1,630,000; 2021 AED 1,650,000; 2022 AED 2,302,500; 2023 AED 2,950,000Sold by developer, April 2013: AED 2,049,555 (AED 1,581 per sqft)Sold, May 2013: AED 2,300,000 (AED 1,774 per sqft)Sold, January 2014: AED 3,300,000 (AED 2,546 per sqft)

804 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 804, each contractTypical one-bed in Tiara - Tanzanite
100K150K200K2013201720212025Typical rent by year: 2013 AED 137,500; 2014 AED 152,250; 2015 AED 155,000; 2016 AED 150,000; 2017 AED 155,000; 2018 AED 132,500; 2019 AED 127,500; 2020 AED 114,000; 2021 AED 112,000; 2022 AED 120,000; 2023 AED 135,000; 2024 AED 167,500; 2025 AED 190,000; 2026 AED 168,000New contract, April 2014: AED 170,000 a yearNew contract, November 2020: AED 115,000 a yearNew contract, May 2022: AED 160,000 a yearRenewal, May 2023: AED 160,000 a yearRenewal, May 2024: AED 160,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Tiara - Tanzanite, and where 804 sits

All 34 1-beds →

804 last sold in January 2014 at AED 2,546 per sqft, 61% above what one-beds in Tiara - Tanzanite were fetching at the time (AED 1,578). Over the last 12 months one-beds sold for AED 3,950,000, around AED 3,040 per sqft, and rent for AED 140,000 to 250,000 a year. 804's AED 160,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
13 Feb 20263,950,000
22 Oct 20255,600,000
12 Dec 20233,150,000
14 Nov 20232,900,000
1 1-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
8023-bedAED 5.1M · Jun 2022
8031-bedAED 2.2M · Jul 2013
8053-bedAED 6.6M · Jun 2013
8062-bedAED 4.25M · Feb 2023

804, Tiara - Tanzanite in numbers

  • Sold 3 times: first on 10 April 2013 for AED 2,049,555, last on 13 January 2014 for AED 3,300,000 (AED 2,546 per sqft).
  • Rented since April 2014 on 5 Ejari contracts. The rent fell from AED 170,000 to AED 115,000 in 2020 and recovered to AED 160,000 by May 2024.
  • At AED 160,000 a year the gross yield on the 2014 price is 4.9%, before a service charge of about AED 22,600 a year (AED 17.41 per sqft).
  • One-beds in Tiara - Tanzanite sold for AED 3,950,000–3,950,000 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 15 May 2024.

Questions about 804, Tiara - Tanzanite

What did unit 804 last sell for?

AED 3,300,000 on 13 January 2014: AED 2,546 per sqft for 1,296 sqft. The unit has 3 registered sales; the first was AED 2,049,555 in April 2013.

What is the rent for unit 804?

AED 160,000 a year on the contract renewed on 15 May 2024. The previous contract, from May 2023, was AED 160,000; the unit has been rented since April 2014.

How big is unit 804?

1,296 sqft (120.4 sqm): a one-bedroom apartment on the 8th floor of a 12-storey tower completed in 2009.

What is unit 804 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Tiara - Tanzanite sold for AED 3,950,000 to 3,950,000 in the last 12 months, around AED 3,040 per sqft.

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Mortgage on 804, Tiara - Tanzanite

Starts from the last sale price (AED 3.3M, 13 January 2014). Switch to today's estimate once you have unlocked it.
Price
AED 3,300,000
Deposit, UAE resident (20%)
AED 660,000
Deposit, non-resident (40%)
AED 1,320,000
Monthly over 25 years at 3.7%
AED 13,501

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