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2-bed · 1,677 sqftTiara - Diamond, Palm Jumeirah · 12th floor · completed 2009

1206, Tiara - Diamond

Sold prices and rental history: sold 3 times, last in February 2019, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1206 · DLD and Ejari recordsUpdated 21 August 2024
Last soldAED 2.5M27 February 2019
Current rentAED 280K /yr21 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1206, Tiara - Diamond

What is 1206 worth today?

Last sold for AED 2,500,000 in 2019

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21 Aug 2024RentedNew contract
AED 280,000/yr12 months · AED 167 per sqft
1 Dec 2023RentedNew contract
AED 280,000/yr12 months · AED 167 per sqft
9 May 2022RentedRenewal
AED 195,000/yr12 months · AED 117 per sqft
9 May 2021RentedNew contract
AED 195,000/yr12 months · AED 116 per sqft
1 Apr 2020RentedNew contract
AED 185,000/yr12 months · AED 110 per sqft
1 Apr 2019RentedRenewal
AED 195,000/yr12 months · AED 116 per sqft
27 Feb 2019SoldReady
AED 2,500,000AED 1,490 per sqft
1 Apr 2018RentedRenewal
AED 195,000/yr12 months · AED 116 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 21 August 2024.

Key facts

Type
2-bed apartment
Size
1,677 sqft
Floor
12th of 12
Parking
1423
Developer
Zabeel Investments
Completed
2009
Service charge
AED 28,400 /yr
Last sold
AED 2.5M · February 2019
Building
Tiara - Diamond

About 1206, Tiara - Diamond

1206 is a two-bedroom apartment of 1,677 sqft on the 12th floor of Tiara - Diamond, a 12-storey tower in Palm Jumeirah completed in 2009 by Zabeel Investments. It last sold on 27 February 2019 for AED 2,500,000, or AED 1,490 per sqft.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 21 August 2024, is AED 280,000 a year: a gross yield of 11.2% on the 2019 price, before the service charge of about AED 28,400 a year.

Sales and rents for 1206 over time

Sales
Unit 1206, each saleTypical two-bed in Tiara - Diamond
4M2009201320172021Typical sale price by year: 2009 AED 3,135,400; 2011 AED 2,982,153; 2012 AED 3,000,000; 2013 AED 3,500,000; 2014 AED 4,000,000; 2015 AED 4,361,555; 2021 AED 3,650,000; 2022 AED 4,500,000; 2023 AED 4,800,000Sold by developer, March 2009: AED 3,217,900 (AED 1,918 per sqft)Sold, September 2011: AED 3,217,900 (AED 1,918 per sqft)Sold, February 2019: AED 2,500,000 (AED 1,490 per sqft)

1206 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1206, each contractTypical two-bed in Tiara - Diamond
200K300K2012201620202024Typical rent by year: 2012 AED 200,000; 2013 AED 200,000; 2014 AED 217,500; 2015 AED 237,500; 2016 AED 232,500; 2017 AED 215,000; 2018 AED 204,001; 2019 AED 187,500; 2020 AED 170,000; 2021 AED 175,000; 2022 AED 210,000; 2023 AED 262,500; 2024 AED 280,000; 2025 AED 320,000New contract, April 2013: AED 195,000 a yearRenewal, April 2018: AED 195,000 a yearRenewal, April 2019: AED 195,000 a yearNew contract, April 2020: AED 185,000 a yearNew contract, May 2021: AED 195,000 a yearRenewal, May 2022: AED 195,000 a yearNew contract, December 2023: AED 280,000 a yearNew contract, August 2024: AED 280,000 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 - Diamond, and where 1206 sits

All 29 2-beds →

1206's AED 280,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
22 May 20256,800,000
12 Mar 20256,350,000
27 Mar 20234,800,000
20 Feb 20234,800,000
0 2-bed sales 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 12th floor

All 77 units in Tiara - Diamond
Value
12012-bedAED 4.8M · Mar 2023
1203AED 3.9M · Aug 2025
12041-bedAED 3.76M · Aug 2024
12053-bedAED 8.3M · Jan 2024

1206, Tiara - Diamond in numbers

  • Sold 3 times: first on 3 March 2009 for AED 3,217,900, last on 27 February 2019 for AED 2,500,000 (AED 1,490 per sqft).
  • Rented since April 2013 on 8 Ejari contracts, from AED 195,000 to AED 280,000 a year.
  • At AED 280,000 a year the gross yield on the 2019 price is 11.2%, 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 21 August 2024.

Questions about 1206, Tiara - Diamond

What did unit 1206 last sell for?

AED 2,500,000 on 27 February 2019: AED 1,490 per sqft for 1,677 sqft. The unit has 3 registered sales; the first was AED 3,217,900 in March 2009.

What is the rent for unit 1206?

AED 280,000 a year on the contract signed on 21 August 2024. The previous contract, from December 2023, was AED 280,000; the unit has been rented since April 2013.

How big is unit 1206?

1,677 sqft (155.8 sqm): a two-bedroom apartment on the 12th floor of a 12-storey tower completed in 2009.

What is unit 1206 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 1206, Tiara - Diamond

Starts from the last sale price (AED 2.5M, 27 February 2019). Switch to today's estimate once you have unlocked it.
Price
AED 2,500,000
Deposit, UAE resident (20%)
AED 500,000
Deposit, non-resident (40%)
AED 1,000,000
Monthly over 25 years at 3.7%
AED 10,228

Plus AED 110,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →