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2-bed · 2,414 sqftTiara - Tanzanite, Palm Jumeirah · completed 2009

P03, Tiara - Tanzanite

Sold prices and rental history: sold 4 times, last in April 2025, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit P03 · DLD and Ejari recordsUpdated 22 April 2025
Last soldAED 4.4M22 April 2025
Current rentAED 300K /yr1 January 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for P03, Tiara - Tanzanite

What is P03 worth today?

Last sold for AED 4,400,000 in 2025

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22 Apr 2025SoldReady
AED 4,400,000AED 1,822 per sqft
1 Jan 2020RentedRenewal
AED 300,000/yr12 months · AED 124 per sqft
1 Jan 2019RentedNew contract
AED 300,000/yr12 months · AED 124 per sqft
19 Jul 2018SoldReady
AED 5,000,000AED 2,071 per sqft
19 Mar 2013SoldReady
AED 3,100,000AED 1,284 per sqft
27 Feb 2013Sold by developerReady
AED 2,604,555AED 1,078 per sqft

Source: Dubai Land Department. Updated 22 April 2025.

Key facts

Type
2-bed apartment
Size
2,414 sqft
Parking
P1-1492
Developer
Zabeel Investments
Completed
2009
Service charge
AED 42,000 /yr
Last sold
AED 4.4M · April 2025
Building
Tiara - Tanzanite

About P03, Tiara - Tanzanite

P03 is a two-bedroom apartment of 2,414 sqft of Tiara - Tanzanite, a 12-storey tower in Palm Jumeirah completed in 2009 by Zabeel Investments. It last sold on 22 April 2025 for AED 4,400,000, or AED 1,822 per sqft.

It has been rented since 2019 on 2 Ejari contracts. The current contract, renewed on 1 January 2020, is AED 300,000 a year: a gross yield of 6.8% on the 2025 price, before the service charge of about AED 42,000 a year.

Sales and rents for P03 over time

Sales
Unit P03, each saleTypical two-bed in Tiara - Tanzanite
2M4M6M2009201420192024Typical 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, February 2013: AED 2,604,555 (AED 1,078 per sqft)Sold, March 2013: AED 3,100,000 (AED 1,284 per sqft)Sold, July 2018: AED 5,000,000 (AED 2,071 per sqft)Sold, April 2025: AED 4,400,000 (AED 1,822 per sqft)

P03 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit P03, each contractTypical two-bed in Tiara - Tanzanite
200K300K2013201720212025Typical 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 220,000New contract, January 2019: AED 300,000 a yearRenewal, January 2020: AED 300,000 a year

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 P03 sits

All 30 2-beds →

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. P03's AED 300,000 is in the upper half of that range.

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 →

P03, Tiara - Tanzanite in numbers

  • Sold 4 times: first on 27 February 2013 for AED 2,604,555, last on 22 April 2025 for AED 4,400,000 (AED 1,822 per sqft).
  • Rented since January 2019 on 2 Ejari contracts, at AED 300,000 a year.
  • At AED 300,000 a year the gross yield on the 2025 price is 6.8%, before a service charge of about AED 42,000 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 22 April 2025.

Questions about P03, Tiara - Tanzanite

What did unit P03 last sell for?

AED 4,400,000 on 22 April 2025: AED 1,822 per sqft for 2,414 sqft. The unit has 4 registered sales; the first was AED 2,604,555 in February 2013.

What is the rent for unit P03?

AED 300,000 a year on the contract renewed on 1 January 2020. The previous contract, from January 2019, was AED 300,000.

How big is unit P03?

2,414 sqft (224.3 sqm): a two-bedroom apartment of a 12-storey tower completed in 2009.

What is unit P03 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 P03, Tiara - Tanzanite

Starts from the last sale price (AED 4.4M, 22 April 2025). Switch to today's estimate once you have unlocked it.
Price
AED 4,400,000
Deposit, UAE resident (20%)
AED 880,000
Deposit, non-resident (40%)
AED 1,760,000
Monthly over 25 years at 3.7%
AED 18,002

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