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

506, Tiara - Diamond

Sold prices and rental history: sold 5 times, last in December 2012, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 506 · DLD and Ejari recordsUpdated 9 October 2025
Last soldAED 3.48M18 December 2012
Current rentAED 320K /yr9 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 506, Tiara - Diamond

What is 506 worth today?

Last sold for AED 3,475,000 in 2012

Unlock today's estimate, updated daily, with

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

9 Oct 2025RentedRenewal
AED 320,000/yr12 months · AED 191 per sqft
9 Oct 2024RentedNew contract
AED 300,000/yr12 months · AED 179 per sqft
26 Feb 2022RentedRenewal
AED 180,000/yr6 months · AED 107 per sqft
26 Feb 2020RentedNew contract
AED 180,000/yr12 months · AED 107 per sqft
18 Dec 2012SoldReady
AED 3,475,000AED 2,072 per sqft
1 May 2012SoldReady
AED 2,950,000AED 1,759 per sqft
19 Jul 2011SoldReady
AED 2,929,200AED 1,746 per sqft
19 Jul 2011SoldReady
AED 2,500,000AED 1,490 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 9 October 2025.

Key facts

Type
2-bed apartment
Size
1,677 sqft
Floor
5th of 12
Parking
1419
Developer
Zabeel Investments
Completed
2009
Service charge
AED 28,400 /yr
Last sold
AED 3.48M · December 2012

About 506, Tiara - Diamond

506 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 18 December 2012 for AED 3,475,000, or AED 2,072 per sqft, 13% above the AED 1,837 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 9 October 2025, is AED 320,000 a year: a gross yield of 9.2% on the 2012 price, before the service charge of about AED 28,400 a year.

Sales and rents for 506 over time

Sales
Unit 506, 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 2,929,200 (AED 1,746 per sqft)Sold, July 2011: AED 2,929,200 (AED 1,746 per sqft)Sold, July 2011: AED 2,500,000 (AED 1,490 per sqft)Sold, May 2012: AED 2,950,000 (AED 1,759 per sqft)Sold, December 2012: AED 3,475,000 (AED 2,072 per sqft)

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

Rents
Unit 506, 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, February 2020: AED 180,000 a yearRenewal, February 2022: AED 180,000 a yearNew contract, October 2024: AED 300,000 a yearRenewal, October 2025: AED 320,000 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 506 sits

All 29 2-beds →

506 last sold in December 2012 at AED 2,072 per sqft, 13% above what two-beds in Tiara - Diamond were fetching at the time (AED 1,837). 506's AED 320,000 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
5012-bedAED 4.5M · Sep 2022
5023-bedAED 5.2M · Mar 2022
5031-bedAED 4M · Nov 2024
5041-bedAED 2.75M · Dec 2015
5053-bedAED 8.1M · Jan 2024

506, Tiara - Diamond in numbers

  • Sold 5 times: first on 3 March 2009 for AED 2,929,200, last on 18 December 2012 for AED 3,475,000 (AED 2,072 per sqft).
  • Rented since February 2020 on 4 Ejari contracts, from AED 180,000 to AED 320,000 a year.
  • At AED 320,000 a year the gross yield on the 2012 price is 9.2%, 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 9 October 2025.

Questions about 506, Tiara - Diamond

What did unit 506 last sell for?

AED 3,475,000 on 18 December 2012: AED 2,072 per sqft for 1,677 sqft. The unit has 5 registered sales; the first was AED 2,929,200 in March 2009.

What is the rent for unit 506?

AED 320,000 a year on the contract renewed on 9 October 2025. The previous contract, from October 2024, was AED 300,000; the unit has been rented since February 2020.

How big is unit 506?

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 506 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling 506? 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 506, Tiara - Diamond

Starts from the last sale price (AED 3.48M, 18 December 2012). Switch to today's estimate once you have unlocked it.
Price
AED 3,475,000
Deposit, UAE resident (20%)
AED 695,000
Deposit, non-resident (40%)
AED 1,390,000
Monthly over 25 years at 3.7%
AED 14,217

Plus AED 150,960 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →