1-bed · 1,296 sqftTiara - Diamond, Palm Jumeirah · 10th floor · completed 2009

1003, Tiara - Diamond

Sold prices and rental history: sold 3 times, last in November 2023, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1003 · DLD and Ejari recordsUpdated 20 November 2023
Last soldAED 3.85M20 November 2023
Current rentAED 175K /yr13 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1003, Tiara - Diamond

What is 1003 worth today?

Last sold for AED 3,850,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

20 Nov 2023SoldReady
AED 3,850,000AED 2,970 per sqft
13 Apr 2023RentedRenewal
AED 175,000/yr12 months · AED 135 per sqft
13 Apr 2023RentedNew contract
AED 175,000/yr12 months · AED 135 per sqft
13 Feb 2023RentedRenewal
AED 159,000/yr2 months · AED 123 per sqft
13 Feb 2022RentedRenewal
AED 132,000/yr12 months · AED 102 per sqft
13 Feb 2021RentedNew contract
AED 120,000/yr12 months · AED 93 per sqft
7 Dec 2019RentedNew contract
AED 135,000/yr12 months · AED 105 per sqft
5 Jun 2019RentedRenewal
AED 135,000/yr12 months · AED 105 per sqft

Source: Dubai Land Department. Updated 20 November 2023.

Key facts

Type
1-bed apartment
Size
1,296 sqft
Floor
10th of 12
Parking
2558
Developer
Zabeel Investments
Completed
2009
Service charge
AED 22,000 /yr
Last sold
AED 3.85M · November 2023

About 1003, Tiara - Diamond

1003 is a one-bedroom apartment of 1,296 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 November 2023 for AED 3,850,000, or AED 2,970 per sqft.

It has been rented continuously since 2012 on 10 Ejari contracts. The current contract, renewed on 13 April 2023, is AED 175,000 a year: a gross yield of 4.5% on the 2023 price, before the service charge of about AED 22,000 a year.

Sales and rents for 1003 over time

Sales
Unit 1003, each saleTypical one-bed in Tiara - Diamond
2M3M4M2009201420192024Typical sale price by year: 2009 AED 2,248,200; 2010 AED 2,042,700; 2011 AED 2,164,994; 2012 AED 2,142,700; 2013 AED 2,300,278; 2014 AED 2,544,555; 2015 AED 2,850,000; 2024 AED 3,780,000; 2025 AED 4,200,000Sold by developer, March 2009: AED 2,434,400 (AED 1,878 per sqft)Sold, July 2011: AED 2,434,400 (AED 1,878 per sqft)Sold, November 2023: AED 3,850,000 (AED 2,970 per sqft)

1003 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1003, each contractTypical one-bed in Tiara - Diamond
100K150K200K2012201620202024Typical rent by year: 2013 AED 145,000; 2014 AED 150,000; 2015 AED 170,000; 2016 AED 170,000; 2017 AED 170,000; 2018 AED 150,000; 2019 AED 135,000; 2020 AED 115,000; 2021 AED 122,500; 2022 AED 135,000; 2023 AED 175,000; 2024 AED 200,000; 2025 AED 205,000New contract, November 2012: AED 145,000 a yearNew contract, June 2017: AED 170,000 a yearRenewal, June 2018: AED 135,000 a yearRenewal, June 2019: AED 135,000 a yearNew contract, December 2019: AED 135,000 a yearNew contract, February 2021: AED 120,000 a yearRenewal, February 2022: AED 132,000 a yearRenewal, February 2023: AED 159,000 a yearRenewal, April 2023: AED 175,000 a yearNew contract, April 2023: AED 175,000 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 - Diamond, and where 1003 sits

All 30 1-beds →

Over the last 12 months one-beds sold for AED 4,200,000, around AED 3,240 per sqft, and rent for AED 200,000 to 270,000 a year.

Recent 1-bed salesUnit no.Price (AED)Summary
16 Dec 20254,200,000
1 May 20253,800,000
17 Jan 20253,300,000
15 Jan 20254,350,000
1 1-bed sale in the last 12 months

Tiara - Diamond

Building

77 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%
Tiara - Diamond, Palm Jumeirah: prices, sales and rents →

Other units on the 10th floor

All 77 units in Tiara - Diamond
Value
10012-bedAED 4.8M · Feb 2023
10023-bedAED 4.75M · Sep 2021
10041-bedAED 1.95M · Nov 2012
10053-bedAED 6.5M · Jul 2013
10062-bedAED 3.14M · Jun 2011

1003, Tiara - Diamond in numbers

  • Sold 3 times: first on 25 March 2009 for AED 2,434,400, last on 20 November 2023 for AED 3,850,000 (AED 2,970 per sqft).
  • Rented since November 2012 on 10 Ejari contracts. The rent fell from AED 145,000 to AED 120,000 in 2021 and recovered to AED 175,000 by April 2023.
  • At AED 175,000 a year the gross yield on the 2023 price is 4.5%, before a service charge of about AED 22,000 a year (AED 16.94 per sqft).
  • One-beds in Tiara - Diamond sold for AED 4,200,000–4,200,000 in the 12 months to November 2026; the building's median across all types is AED 3,240 per sqft.

Source: Dubai Land Department. Updated 20 November 2023.

Questions about 1003, Tiara - Diamond

What did unit 1003 last sell for?

AED 3,850,000 on 20 November 2023: AED 2,970 per sqft for 1,296 sqft. The unit has 3 registered sales; the first was AED 2,434,400 in March 2009.

What is the rent for unit 1003?

AED 175,000 a year on the contract renewed on 13 April 2023. The previous contract, from April 2023, was AED 175,000; the unit has been rented since November 2012.

How big is unit 1003?

1,296 sqft (120.4 sqm): a one-bedroom apartment on the 10th floor of a 12-storey tower completed in 2009.

What is unit 1003 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Tiara - Diamond sold for AED 4,200,000 to 4,200,000 in the last 12 months, around AED 3,240 per sqft.

Selling 1003? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1003, Tiara - Diamond

Starts from the last sale price (AED 3.85M, 20 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,850,000
Deposit, UAE resident (20%)
AED 770,000
Deposit, non-resident (40%)
AED 1,540,000
Monthly over 25 years at 3.7%
AED 15,752

Plus AED 166,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →