2-bed · 1,677 sqftTiara - Diamond, Palm Jumeirah · 3rd floor · completed 2009

306, Tiara - Diamond

Sold prices and rental history: sold twice, last in June 2009, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 306 · DLD and Ejari recordsUpdated 28 May 2025
Last soldAED 2.75M29 June 2009
Current rentAED 200K /yr28 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 306, Tiara - Diamond

What is 306 worth today?

Last sold for AED 2,750,000 in 2009

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28 May 2025RentedRenewal
AED 200,000/yr12 months · AED 119 per sqft
28 May 2024RentedRenewal
AED 200,000/yr12 months · AED 119 per sqft
28 May 2022RentedRenewal
AED 172,000/yr12 months · AED 102 per sqft
28 May 2021RentedNew contract
AED 162,000/yr12 months · AED 96 per sqft
1 Feb 2020RentedRenewal
AED 172,000/yr12 months · AED 102 per sqft
1 Feb 2019RentedNew contract
AED 191,000/yr12 months · AED 114 per sqft
8 Jan 2018RentedRenewal
AED 215,000/yr12 months · AED 128 per sqft
8 Jan 2017RentedNew contract
AED 215,000/yr12 months · AED 128 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 28 May 2025.

Key facts

Type
2-bed apartment
Size
1,677 sqft
Floor
3rd of 12
Parking
1411
Developer
Zabeel Investments
Completed
2009
Service charge
AED 28,400 /yr
Last sold
AED 2.75M · June 2009

About 306, Tiara - Diamond

306 is a two-bedroom apartment of 1,677 sqft on the 3rd floor of Tiara - Diamond, a 12-storey tower in Palm Jumeirah completed in 2009 by Zabeel Investments. It last sold on 29 June 2009 for AED 2,750,000, or AED 1,639 per sqft, 12% below the AED 1,869 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, renewed on 28 May 2025, is AED 200,000 a year: a gross yield of 7.3% on the 2009 price, before the service charge of about AED 28,400 a year.

Sales and rents for 306 over time

Sales
Unit 306, each saleTypical two-bed in Tiara - Diamond
3M4M5M2006201120162021Typical 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, January 2006: AED 2,791,600 (AED 1,664 per sqft)Sold, June 2009: AED 2,750,000 (AED 1,639 per sqft)

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

Rents
Unit 306, 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, January 2017: AED 215,000 a yearRenewal, January 2018: AED 215,000 a yearNew contract, February 2019: AED 191,000 a yearRenewal, February 2020: AED 172,000 a yearNew contract, May 2021: AED 162,000 a yearRenewal, May 2022: AED 172,000 a yearRenewal, May 2024: AED 200,000 a yearRenewal, May 2025: AED 200,000 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 306 sits

All 29 2-beds →

306 last sold in June 2009 at AED 1,639 per sqft, 12% below what two-beds in Tiara - Diamond were fetching at the time (AED 1,869). 306's AED 200,000 is at the bottom 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 3rd floor

All 77 units in Tiara - Diamond
Value
3012-bedAED 3.23M · Jun 2011
3023-bedAED 3.8M · Feb 2021
3031-bedAED 2.17M · May 2014
3041-bedAED 2.95M · Jan 2015
3053-bedAED 6.5M · Sep 2012

306, Tiara - Diamond in numbers

  • Sold twice: first on 21 January 2006 for AED 2,791,600, last on 29 June 2009 for AED 2,750,000 (AED 1,639 per sqft).
  • Rented since January 2017 on 8 Ejari contracts. The rent fell from AED 215,000 to AED 162,000 in 2021 and recovered to AED 200,000 by May 2025.
  • At AED 200,000 a year the gross yield on the 2009 price is 7.3%, 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 28 May 2025.

Questions about 306, Tiara - Diamond

What did unit 306 last sell for?

AED 2,750,000 on 29 June 2009: AED 1,639 per sqft for 1,677 sqft. The unit has 2 registered sales; the first was AED 2,791,600 in January 2006.

What is the rent for unit 306?

AED 200,000 a year on the contract renewed on 28 May 2025. The previous contract, from May 2024, was AED 200,000; the unit has been rented since January 2017.

How big is unit 306?

1,677 sqft (155.8 sqm): a two-bedroom apartment on the 3rd floor of a 12-storey tower completed in 2009.

What is unit 306 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 306, Tiara - Diamond

Starts from the last sale price (AED 2.75M, 29 June 2009). Switch to today's estimate once you have unlocked it.
Price
AED 2,750,000
Deposit, UAE resident (20%)
AED 550,000
Deposit, non-resident (40%)
AED 1,100,000
Monthly over 25 years at 3.7%
AED 11,251

Plus AED 120,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →