
703, Tiara - Diamond
Sold prices and rental history: sold 5 times, last in December 2015, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 703, Tiara - Diamond
What is 703 worth today?
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Source: Dubai Land Department. Updated 29 June 2021.
Key facts
- Type
- 1-bed apartment
- Size
- 1,296 sqft
- Floor
- 7th of 12
- Parking
- 2451
- Developer
- Zabeel Investments
- Completed
- 2009
- Service charge
- AED 22,000 /yr
- Last sold
- AED 2.93M · December 2015
- Building
- Tiara - Diamond
About 703, Tiara - Diamond
703 is a one-bedroom apartment of 1,296 sqft on the 7th floor of Tiara - Diamond, a 12-storey tower in Palm Jumeirah completed in 2009 by Zabeel Investments. It last sold on 9 December 2015 for AED 2,925,000, or AED 2,256 per sqft, in line with the AED 2,199 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, renewed on 29 June 2021, is AED 145,000 a year: a gross yield of 5.0% on the 2015 price, before the service charge of about AED 22,000 a year.
Sales and rents for 703 over time
703 has sold 5 times; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Tiara - Diamond, and where 703 sits
All 30 1-beds →703 last sold in December 2015 at AED 2,256 per sqft, in line with what one-beds in Tiara - Diamond were fetching at the time (AED 2,199). Over the last 12 months one-beds sold for AED 4,200,000, around AED 3,240 per sqft, and rent for AED 200,000 to 270,000 a year.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Dec 202516 December 2025 | 1,296 sqft | 4,200,000 | 3,240 | ||
| 1 May 20251 May 2025 | 1,296 sqft | 3,800,000 | 2,932 | ||
| 17 Jan 202517 January 2025 | 1,296 sqft | 3,300,000 | 2,546 | ||
| 15 Jan 202515 January 2025 | 1,717 sqft | 4,350,000 | 2,533 |
Tiara - Diamond
Building77 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%
Other units on the 7th floor
All 77 units in Tiara - Diamond| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 2-bed | 1,677 sqft | AED 4.15MAED 4,150,000 · Feb 2017February 2017 | 280,000 /yr | |
| 702 | 3-bed | 2,266 sqft | AED 5.1MAED 5,100,000 · Apr 2022April 2022 | 485,000 /yr | |
| 704 | 1-bed | 1,296 sqft | AED 2.34MAED 2,338,300 · Jan 2011January 2011 | 275,000 /yr | |
| 705 | 3-bed | 2,392 sqft | AED 8MAED 8,000,000 · Apr 2022April 2022 | ||
| 706 | 2-bed | 1,677 sqft | AED 3.8MAED 3,800,000 · Oct 2021October 2021 | 165,000 /yr |
703, Tiara - Diamond in numbers
- Sold 5 times: first on 4 March 2009 for AED 1,169,150, last on 9 December 2015 for AED 2,925,000 (AED 2,256 per sqft).
- Rented since August 2015 on 5 Ejari contracts, from AED 195,000 to AED 145,000 a year.
- At AED 145,000 a year the gross yield on the 2015 price is 5.0%, before a service charge of about AED 22,000 a year (AED 16.94 per sqft).
- One-beds in Tiara - Diamond sold for AED 4,200,000–4,200,000 in the 12 months to November 2026; the building's median across all types is AED 3,240 per sqft.
Source: Dubai Land Department. Updated 29 June 2021.
Questions about 703, Tiara - Diamond
What did unit 703 last sell for?
AED 2,925,000 on 9 December 2015: AED 2,256 per sqft for 1,296 sqft. The unit has 5 registered sales; the first was AED 1,169,150 in March 2009.
What is the rent for unit 703?
AED 145,000 a year on the contract renewed on 29 June 2021. The previous contract, from June 2019, was AED 137,500; the unit has been rented since August 2015.
How big is unit 703?
1,296 sqft (120.4 sqm): a one-bedroom apartment on the 7th floor of a 12-storey tower completed in 2009.
What is unit 703 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Tiara - Diamond sold for AED 4,200,000 to 4,200,000 in the last 12 months, around AED 3,240 per sqft.
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Mortgage on 703, Tiara - Diamond
Starts from the last sale price (AED 2.93M, 9 December 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 2,925,000
- Deposit, UAE resident (20%)
- AED 585,000
- Deposit, non-resident (40%)
- AED 1,170,000
- Monthly over 25 years at 3.7%
- AED 11,967
Plus AED 127,860 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →