2-bed · 1,677 sqftTiara - Diamond, Palm Jumeirah · 5th floor · completed 2009

501, Tiara - Diamond

Sold prices and rental history: sold 6 times, last in September 2022, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 501 · DLD and Ejari recordsUpdated 1 May 2025
Last soldAED 4.5M26 September 2022
Current rentAED 330K /yr1 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 501, Tiara - Diamond

What is 501 worth today?

Last sold for AED 4,500,000 in 2022

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1 May 2025RentedRenewal
AED 330,000/yr12 months · AED 197 per sqft
1 May 2023RentedNew contract
AED 330,000/yr12 months · AED 197 per sqft
26 Sep 2022SoldReady
AED 4,500,000AED 2,683 per sqft
29 Jul 2020RentedNew contract
AED 150,000/yr12 months · AED 89 per sqft
14 Dec 2014SoldReady
AED 5,450,000AED 3,249 per sqft
26 Sep 2013SoldReady
AED 4,200,000AED 2,504 per sqft
2 Feb 2012SoldReady
AED 2,825,000AED 1,684 per sqft
29 Jun 2011Sold by developerReady
AED 1,738,100AED 1,036 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 May 2025.

Key facts

Type
2-bed apartment
Size
1,677 sqft
Floor
5th of 12
Parking
1417
Developer
Zabeel Investments
Completed
2009
Service charge
AED 28,400 /yr
Last sold
AED 4.5M · September 2022

About 501, Tiara - Diamond

501 is a two-bedroom apartment of 1,677 sqft on the 5th floor of Tiara - Diamond, a 12-storey tower in Palm Jumeirah completed in 2009 by Zabeel Investments. It last sold on 26 September 2022 for AED 4,500,000, or AED 2,683 per sqft, 24% above the AED 2,168 two-beds in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, renewed on 1 May 2025, is AED 330,000 a year: a gross yield of 7.3% on the 2022 price, before the service charge of about AED 28,400 a year.

Sales and rents for 501 over time

Sales
Unit 501, each saleTypical two-bed in Tiara - Diamond
2M4M6M2009201320172021Typical 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, June 2011: AED 1,738,100 (AED 1,036 per sqft)Sold, June 2011: AED 2,640,000 (AED 1,574 per sqft)Sold, February 2012: AED 2,825,000 (AED 1,684 per sqft)Sold, September 2013: AED 4,200,000 (AED 2,504 per sqft)Sold, December 2014: AED 5,450,000 (AED 3,249 per sqft)Sold, September 2022: AED 4,500,000 (AED 2,683 per sqft)

501 has sold 6 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 501, 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, July 2020: AED 150,000 a yearNew contract, May 2023: AED 330,000 a yearRenewal, May 2025: AED 330,000 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 501 sits

All 29 2-beds →

501 last sold in September 2022 at AED 2,683 per sqft, 24% above what two-beds in Tiara - Diamond were fetching at the time (AED 2,168). 501's AED 330,000 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 5th floor

All 77 units in Tiara - Diamond
Value
5023-bedAED 5.2M · Mar 2022
5031-bedAED 4M · Nov 2024
5041-bedAED 2.75M · Dec 2015
5053-bedAED 8.1M · Jan 2024
5062-bedAED 3.48M · Dec 2012

501, Tiara - Diamond in numbers

  • Sold 6 times: first on 29 June 2011 for AED 2,640,000, last on 26 September 2022 for AED 4,500,000 (AED 2,683 per sqft).
  • Rented since July 2020 on 3 Ejari contracts, from AED 150,000 to AED 330,000 a year.
  • At AED 330,000 a year the gross yield on the 2022 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 1 May 2025.

Questions about 501, Tiara - Diamond

What did unit 501 last sell for?

AED 4,500,000 on 26 September 2022: AED 2,683 per sqft for 1,677 sqft. The unit has 6 registered sales; the first was AED 2,640,000 in June 2011.

What is the rent for unit 501?

AED 330,000 a year on the contract renewed on 1 May 2025. The previous contract, from May 2023, was AED 330,000; the unit has been rented since July 2020.

How big is unit 501?

1,677 sqft (155.8 sqm): a two-bedroom apartment on the 5th floor of a 12-storey tower completed in 2009.

What is unit 501 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 501, Tiara - Diamond

Starts from the last sale price (AED 4.5M, 26 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 4,500,000
Deposit, UAE resident (20%)
AED 900,000
Deposit, non-resident (40%)
AED 1,800,000
Monthly over 25 years at 3.7%
AED 18,411

Plus AED 194,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →