1001, Tiara - Diamond
Sold prices and rental history: sold 3 times, last in February 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1001, Tiara - Diamond
What is 1001 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 15 May 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,677 sqft
- Floor
- 10th of 12
- Parking
- 2543, 2544
- Developer
- Zabeel Investments
- Completed
- 2009
- Service charge
- AED 28,400 /yr
- Last sold
- AED 4.8M · February 2023
- Building
- Tiara - Diamond
About 1001, Tiara - Diamond
1001 is a two-bedroom apartment of 1,677 sqft on the 10th floor of Tiara - Diamond, a 12-storey tower in Palm Jumeirah completed in 2009 by Zabeel Investments. It last sold on 20 February 2023 for AED 4,800,000, or AED 2,862 per sqft, 8% above the AED 2,653 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 15 May 2024, is AED 320,000 a year: a gross yield of 6.7% on the 2023 price, before the service charge of about AED 28,400 a year.
Sales and rents for 1001 over time
1001 has sold 3 times; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Tiara - Diamond, and where 1001 sits
All 29 2-beds →1001 last sold in February 2023 at AED 2,862 per sqft, 8% above what two-beds in Tiara - Diamond were fetching at the time (AED 2,653). 1001's AED 320,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 22 May 202522 May 2025 | 1,677 sqft | 6,800,000 | 4,054 | ||
| 12 Mar 202512 March 2025 | 1,677 sqft | 6,350,000 | 3,786 | ||
| 27 Mar 202327 March 2023 | 1,677 sqft | 4,800,000 | 2,862 | ||
| 5 Jan 20235 January 2023 | 1,900 sqft | 2,200,000 | 1,157 |
Tiara - Diamond
Building77 apartments, 1-bed to 4-bed over 12 floors in Palm Jumeirah, completed in 2009 by Zabeel Investments. 1 sold in the last 12 months.
- Typical price per sqft
- AED 3,240
- Typical sale
- AED 4.2M
- Typical rent
- AED 325K /yr
- Typical yield
- 6.0%
Other units on the 10th floor
All 77 units in Tiara - Diamond| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1002 | 3-bed | 2,266 sqft | AED 4.75MAED 4,750,000 · Sep 2021September 2021 | 440,000 /yr | |
| 1003 | 1-bed | 1,296 sqft | AED 3.85MAED 3,850,000 · Nov 2023November 2023 | 175,000 /yr | |
| 1004 | 1-bed | 1,296 sqft | AED 1.95MAED 1,950,000 · Nov 2012November 2012 | 210,000 /yr | |
| 1005 | 3-bed | 2,392 sqft | AED 6.5MAED 6,500,000 · Jul 2013July 2013 | 170,000 /yr | |
| 1006 | 2-bed | 1,677 sqft | AED 3.14MAED 3,135,400 · Jun 2011June 2011 | 290,000 /yr |
1001, Tiara - Diamond in numbers
- Sold 3 times: first on 3 March 2009 for AED 3,135,400, last on 20 February 2023 for AED 4,800,000 (AED 2,862 per sqft).
- Rented since December 2013 on 10 Ejari contracts. The rent fell from AED 240,000 to AED 180,000 in 2021 and recovered to AED 320,000 by May 2024.
- At AED 320,000 a year the gross yield on the 2023 price is 6.7%, before a service charge of about AED 28,400 a year (AED 16.94 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 15 May 2024.
Questions about 1001, Tiara - Diamond
What did unit 1001 last sell for?
AED 4,800,000 on 20 February 2023: AED 2,862 per sqft for 1,677 sqft. The unit has 3 registered sales; the first was AED 3,135,400 in March 2009.
What is the rent for unit 1001?
AED 320,000 a year on the contract signed on 15 May 2024. The previous contract, from March 2023, was AED 320,000; the unit has been rented since December 2013.
How big is unit 1001?
1,677 sqft (155.8 sqm): a two-bedroom apartment on the 10th floor of a 12-storey tower completed in 2009.
What is unit 1001 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 1001, Tiara - Diamond
Starts from the last sale price (AED 4.8M, 20 February 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 4,800,000
- Deposit, UAE resident (20%)
- AED 960,000
- Deposit, non-resident (40%)
- AED 1,920,000
- Monthly over 25 years at 3.7%
- AED 19,638
Plus AED 206,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →