2-bed · 839 sqftTiara - Diamond, Palm Jumeirah · 4th floor · completed 2009

401, Tiara - Diamond

Sold prices and rental history: sold 5 times, last in September 2019, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 401 · DLD and Ejari recordsUpdated 20 February 2024
Last soldAED 2.8M2 September 2019
Current rentAED 100K /yr20 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 401, Tiara - Diamond

What is 401 worth today?

Last sold for AED 2,800,000 in 2019

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20 Feb 2024RentedNew contract
AED 100,000/yr12 months · AED 60 per sqft
2 Sep 2019SoldReady
AED 2,800,000AED 1,669 per sqft
1 Jul 2019RentedNew contract
AED 145,000/yr12 months · AED 86 per sqft
25 Feb 2019RentedRenewal
AED 210,000/yr12 months · AED 125 per sqft
25 Feb 2018RentedRenewal
AED 220,000/yr12 months · AED 131 per sqft
25 Feb 2017RentedNew contract
AED 230,000/yr12 months · AED 137 per sqft
15 Feb 2016RentedRenewal
AED 235,000/yr12 months · AED 140 per sqft
15 Feb 2016RentedNew contract
AED 225,000/yr12 months · AED 134 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 20 February 2024.

Key facts

Type
2-bed apartment
Size
839 sqft
Floor
4th of 12
Parking
2247
Developer
Zabeel Investments
Completed
2009
Service charge
AED 14,200 /yr
Last sold
AED 2.8M · September 2019

About 401, Tiara - Diamond

401 is a two-bedroom apartment of 839 sqft on the 4th floor of Tiara - Diamond, a 12-storey tower in Palm Jumeirah completed in 2009 by Zabeel Investments. It last sold on 2 September 2019 for AED 2,800,000, or AED 1,669 per sqft.

It has been rented continuously since 2012 on 10 Ejari contracts. The current contract, signed on 20 February 2024, is AED 100,000 a year: a gross yield of 3.6% on the 2019 price, before the service charge of about AED 14,200 a year.

Sales and rents for 401 over time

Sales
Unit 401, 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, July 2009: AED 2,581,150 (AED 1,539 per sqft)Sold, July 2009: AED 2,581,150 (AED 1,539 per sqft)Sold, October 2011: AED 2,581,150 (AED 1,539 per sqft)Sold, June 2012: AED 3,300,000 (AED 1,967 per sqft)Sold, September 2019: AED 2,800,000 (AED 1,669 per sqft)

401 has sold 5 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 401, each contractTypical two-bed in Tiara - Diamond
100K200K300K2012201620202024Typical 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, November 2012: AED 200,000 a yearRenewal, November 2013: AED 200,000 a yearNew contract, February 2015: AED 235,000 a yearRenewal, February 2016: AED 235,000 a yearNew contract, February 2016: AED 225,000 a yearNew contract, February 2017: AED 230,000 a yearRenewal, February 2018: AED 220,000 a yearRenewal, February 2019: AED 210,000 a yearNew contract, July 2019: AED 145,000 a yearNew contract, February 2024: AED 100,000 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 401 sits

All 29 2-beds →

401's AED 100,000 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 4th floor

All 77 units in Tiara - Diamond
Value
4023-bedAED 6.85M · Jul 2023
4031-bedAED 3.8M · Apr 2024
4041-bedAED 3.05M · Apr 2014
4053-bedAED 8.1M · Jan 2024
4062-bedAED 6.8M · May 2025

401, Tiara - Diamond in numbers

  • Sold 5 times: first on 27 July 2009 for AED 2,581,150, last on 2 September 2019 for AED 2,800,000 (AED 1,669 per sqft).
  • Rented since November 2012 on 10 Ejari contracts, from AED 200,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2019 price is 3.6%, before a service charge of about AED 14,200 a year (AED 16.94 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 20 February 2024.

Questions about 401, Tiara - Diamond

What did unit 401 last sell for?

AED 2,800,000 on 2 September 2019: AED 1,669 per sqft for 839 sqft. The unit has 5 registered sales; the first was AED 2,581,150 in July 2009.

What is the rent for unit 401?

AED 100,000 a year on the contract signed on 20 February 2024. The previous contract, from July 2019, was AED 145,000; the unit has been rented since November 2012.

How big is unit 401?

839 sqft (77.9 sqm): a two-bedroom apartment on the 4th floor of a 12-storey tower completed in 2009.

What is unit 401 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 401, Tiara - Diamond

Starts from the last sale price (AED 2.8M, 2 September 2019). Switch to today's estimate once you have unlocked it.
Price
AED 2,800,000
Deposit, UAE resident (20%)
AED 560,000
Deposit, non-resident (40%)
AED 1,120,000
Monthly over 25 years at 3.7%
AED 11,456

Plus AED 122,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →