1-bed · 1,717 sqftTiara - Tanzanite, Palm Jumeirah · Ground floor · completed 2009

G05, Tiara - Tanzanite

Sold prices and rental history: sold 3 times, last in February 2022, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G05 · DLD and Ejari recordsUpdated 23 February 2022
Last soldAED 2.38M23 February 2022
Current rentAED 180K /yr1 November 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G05, Tiara - Tanzanite

What is G05 worth today?

Last sold for AED 2,375,000 in 2022

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23 Feb 2022SoldReady
AED 2,375,000AED 1,383 per sqft
1 Nov 2021RentedNew contract
AED 180,000/yr5 months · AED 105 per sqft
1 Jul 2020RentedNew contract
AED 120,000/yr12 months · AED 70 per sqft
23 Mar 2017SoldReady
AED 2,100,000AED 1,223 per sqft
2 Apr 2014RentedNew contract
AED 150,000/yr12 months · AED 87 per sqft
13 Mar 2013Sold by developerReady
AED 2,067,555AED 1,204 per sqft

Source: Dubai Land Department. Updated 23 February 2022.

Key facts

Type
1-bed apartment
Size
1,717 sqft
Floor
Ground of 12
Parking
2367
Developer
Zabeel Investments
Completed
2009
Service charge
AED 29,900 /yr
Last sold
AED 2.38M · February 2022

About G05, Tiara - Tanzanite

G05 is a one-bedroom apartment of 1,717 sqft on the ground floor of Tiara - Tanzanite, a 12-storey tower in Palm Jumeirah completed in 2009 by Zabeel Investments. It last sold on 23 February 2022 for AED 2,375,000, or AED 1,383 per sqft, 9% below the AED 1,528 one-beds in the building were fetching at the time.

It has been rented since 2014 on 3 Ejari contracts. The current contract, signed on 1 November 2021, is AED 180,000 a year: a gross yield of 7.6% on the 2022 price, before the service charge of about AED 29,900 a year.

Sales and rents for G05 over time

Sales
Unit G05, 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, March 2013: AED 2,067,555 (AED 1,204 per sqft)Sold, March 2017: AED 2,100,000 (AED 1,223 per sqft)Sold, February 2022: AED 2,375,000 (AED 1,383 per sqft)

G05 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit G05, 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 150,000 a yearNew contract, July 2020: AED 120,000 a yearNew contract, November 2021: AED 180,000 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 G05 sits

All 34 1-beds →

G05 last sold in February 2022 at AED 1,383 per sqft, 9% below what one-beds in Tiara - Tanzanite were fetching at the time (AED 1,528). 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. G05's AED 180,000 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 ground floor

All 79 units in Tiara - Tanzanite
Value
G012-bedAED 5M · Oct 2026
G021-bedAED 2.23M · Feb 2022
G031-bedAED 1.87M · Dec 2013
G041-bedAED 2.6M · Sep 2022
G061-bedAED 1.63M · Jul 2019
G071-bedAED 2.2M · May 2022
G082-bedAED 1.15M · Oct 2021

G05, Tiara - Tanzanite in numbers

  • Sold 3 times: first on 13 March 2013 for AED 2,067,555, last on 23 February 2022 for AED 2,375,000 (AED 1,383 per sqft).
  • Rented since April 2014 on 3 Ejari contracts. The rent fell from AED 150,000 to AED 120,000 in 2020 and recovered to AED 180,000 by November 2021.
  • At AED 180,000 a year the gross yield on the 2022 price is 7.6%, before a service charge of about AED 29,900 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 23 February 2022.

Questions about G05, Tiara - Tanzanite

What did unit G05 last sell for?

AED 2,375,000 on 23 February 2022: AED 1,383 per sqft for 1,717 sqft. The unit has 3 registered sales; the first was AED 2,067,555 in March 2013.

What is the rent for unit G05?

AED 180,000 a year on the contract signed on 1 November 2021. The previous contract, from July 2020, was AED 120,000; the unit has been rented since April 2014.

How big is unit G05?

1,717 sqft (159.5 sqm): a one-bedroom apartment on the ground floor of a 12-storey tower completed in 2009.

What is unit G05 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 G05, Tiara - Tanzanite

Starts from the last sale price (AED 2.38M, 23 February 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,375,000
Deposit, UAE resident (20%)
AED 475,000
Deposit, non-resident (40%)
AED 950,000
Monthly over 25 years at 3.7%
AED 9,717

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