2-bed · 2,398 sqftTiara - Tanzanite, Palm Jumeirah · completed 2009

P02, Tiara - Tanzanite

Sold prices and rental history: sold once, by the developer in January 2011, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit P02 · DLD and Ejari recordsUpdated 27 January 2011
Last soldAED 1.12M27 January 2011
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for P02, Tiara - Tanzanite

What is P02 worth today?

Last sold for AED 1,119,094 in 2011

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27 Jan 2011Sold by developerReady
AED 1,119,094AED 466 per sqft

Source: Dubai Land Department. Updated 27 January 2011.

Key facts

Type
2-bed apartment
Size
2,398 sqft
Parking
P1-1495, P1-1496
Developer
Zabeel Investments
Completed
2009
Service charge
AED 41,700 /yr
Last sold
AED 1.12M · January 2011

About P02, Tiara - Tanzanite

P02 is a two-bedroom apartment of 2,398 sqft of Tiara - Tanzanite, a 12-storey tower in Palm Jumeirah completed in 2009 by Zabeel Investments. The developer sold it on 27 January 2011 for AED 1,119,094, or AED 466 per sqft, 69% below the AED 1,490 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for P02 over time

Sales
Unit P02, each saleTypical two-bed in Tiara - Tanzanite
2.5M5M2009201420192024Typical sale price by year: 2009 AED 3,052,900; 2011 AED 2,785,200; 2012 AED 2,710,000; 2013 AED 2,925,778; 2016 AED 3,019,467; 2019 AED 2,325,000; 2021 AED 2,205,000; 2022 AED 3,700,000; 2023 AED 4,200,000; 2025 AED 4,250,000; 2026 AED 5,750,000Sold by developer, January 2011: AED 1,119,094 (AED 466 per sqft)

P02 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit P02, each contractTypical two-bed in Tiara - Tanzanite
150K200K2013201720212025Typical rent by year: 2013 AED 200,000; 2014 AED 200,000; 2015 AED 200,000; 2016 AED 189,426; 2017 AED 180,000; 2018 AED 180,000; 2019 AED 165,000; 2020 AED 142,500; 2021 AED 145,000; 2022 AED 152,500; 2023 AED 170,000; 2024 AED 185,000; 2025 AED 225,000; 2026 AED 220,000

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 P02 sits

All 30 2-beds →

P02 last sold in January 2011 at AED 466 per sqft, 69% below what two-beds in Tiara - Tanzanite were fetching at the time (AED 1,490). 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.

Recent 2-bed salesUnit no.Price (AED)Summary
21 Oct 20264,999,999
5 Feb 20266,300,000
5 Jan 20265,750,000
11 Jun 20254,100,000
3 2-bed sales 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 →

P02, Tiara - Tanzanite in numbers

  • Sold once: by Zabeel Investments on 27 January 2011 for AED 1,119,094, or AED 466 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 27 January 2011.

Questions about P02, Tiara - Tanzanite

What did unit P02 last sell for?

AED 1,119,094 on 27 January 2011, sold by the developer: AED 466 per sqft for 2,398 sqft. It is the only registered sale of the unit.

How big is unit P02?

2,398 sqft (222.8 sqm): a two-bedroom apartment of a 12-storey tower completed in 2009.

What is unit P02 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 P02, Tiara - Tanzanite

Starts from the last sale price (AED 1.12M, 27 January 2011). Switch to today's estimate once you have unlocked it.
Price
AED 1,119,094
Deposit, UAE resident (20%)
AED 223,819
Deposit, non-resident (40%)
AED 447,638
Monthly over 25 years at 3.7%
AED 4,579

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