1-bed · 1,296 sqftTiara - Emerald, Palm Jumeirah · 12th floor · completed 2009

1203, Tiara - Emerald

Sold prices and rental history: sold 5 times, last in July 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1203 · DLD and Ejari recordsUpdated 26 July 2023
Last soldAED 3.1M26 July 2023
Current rentAED 126K /yr3 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1203, Tiara - Emerald

What is 1203 worth today?

Last sold for AED 3,100,000 in 2023

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26 Jul 2023SoldReady
AED 3,100,000AED 2,392 per sqft
3 Oct 2022RentedRenewal
AED 125,815/yr8 months · AED 97 per sqft
3 Oct 2021RentedRenewal
AED 114,000/yr12 months · AED 88 per sqft
3 Oct 2020RentedNew contract
AED 110,000/yr12 months · AED 85 per sqft
1 Jul 2019RentedRenewal
AED 120,000/yr12 months · AED 93 per sqft
1 Jul 2018RentedNew contract
AED 125,000/yr12 months · AED 97 per sqft
1 Mar 2018RentedRenewal
AED 145,000/yr12 months · AED 112 per sqft
1 Mar 2017RentedNew contract
AED 150,000/yr12 months · AED 116 per sqft

Source: Dubai Land Department. Updated 26 July 2023.

Key facts

Type
1-bed apartment
Size
1,296 sqft
Floor
12th of 12
Parking
2034
Developer
Zabeel Investments
Completed
2009
Service charge
AED 22,600 /yr
Last sold
AED 3.1M · July 2023

About 1203, Tiara - Emerald

1203 is a one-bedroom apartment of 1,296 sqft on the 12th floor of Tiara - Emerald, a 12-storey tower in Palm Jumeirah completed in 2009 by Zabeel Investments. It last sold on 26 July 2023 for AED 3,100,000, or AED 2,392 per sqft, 31% above the AED 1,828 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, renewed on 3 October 2022, is AED 125,815 a year: a gross yield of 4.1% on the 2023 price, before the service charge of about AED 22,600 a year.

Sales and rents for 1203 over time

Sales
Unit 1203, each saleTypical one-bed in Tiara - Emerald
2M4M2009201420192024Typical sale price by year: 2009 AED 1,763,520; 2011 AED 1,782,600; 2012 AED 1,481,871; 2013 AED 1,929,555; 2014 AED 2,306,210; 2015 AED 2,530,000; 2021 AED 1,650,000; 2022 AED 2,400,000; 2023 AED 3,100,000; 2024 AED 3,137,500; 2025 AED 3,900,000Sold by developer, March 2009: AED 1,086,250 (AED 838 per sqft)Sold, June 2009: AED 1,925,000 (AED 1,485 per sqft)Sold, May 2010: AED 1,750,000 (AED 1,350 per sqft)Sold, August 2013: AED 1,750,000 (AED 1,350 per sqft)Sold, July 2023: AED 3,100,000 (AED 2,392 per sqft)

1203 has sold 5 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1203, each contractTypical one-bed in Tiara - Emerald
100K150K2012201620202024Typical rent by year: 2012 AED 130,000; 2013 AED 140,000; 2014 AED 160,000; 2015 AED 157,058; 2016 AED 145,000; 2017 AED 145,000; 2018 AED 130,000; 2019 AED 125,000; 2020 AED 110,000; 2021 AED 110,000; 2022 AED 135,000; 2023 AED 140,000; 2024 AED 145,000; 2025 AED 150,000New contract, October 2014: AED 170,000 a yearNew contract, March 2017: AED 150,000 a yearRenewal, March 2018: AED 145,000 a yearNew contract, July 2018: AED 125,000 a yearRenewal, July 2019: AED 120,000 a yearNew contract, October 2020: AED 110,000 a yearRenewal, October 2021: AED 114,000 a yearRenewal, October 2022: AED 125,815 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Tiara - Emerald, and where 1203 sits

All 34 1-beds →

1203 last sold in July 2023 at AED 2,392 per sqft, 31% above what one-beds in Tiara - Emerald were fetching at the time (AED 1,828). Over the last 12 months one-beds sold for AED 3,900,000 to 3,950,000, around AED 3,009 per sqft, and rent for AED 127,050 to 200,000 a year. 1203's AED 125,815 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
9 Feb 20263,900,000
6 Feb 20263,900,000
15 Dec 20253,950,000
23 May 20253,900,000
3 1-bed sales in the last 12 months

Tiara - Emerald

Building

80 apartments, 1-bed to 4-bed over 12 floors in Palm Jumeirah, completed in 2009 by Zabeel Investments. 5 sold in the last 12 months.

Typical price per sqft
AED 3,009
Typical sale
AED 3.95M
Typical rent
AED 200K /yr
Typical yield
5.1%
Tiara - Emerald, Palm Jumeirah: prices, sales and rents →

Other units on the 12th floor

All 80 units in Tiara - Emerald
Value
1201AED 6.9M · Nov 2025
1202AED 6.5M · Nov 2025
12041-bedAED 2.35M · Aug 2017
12053-bedAED 4.02M · Feb 2013
12062-bedAED 2.8M · Feb 2012

1203, Tiara - Emerald in numbers

  • Sold 5 times: first on 5 March 2009 for AED 1,086,250, last on 26 July 2023 for AED 3,100,000 (AED 2,392 per sqft).
  • Rented since October 2014 on 8 Ejari contracts. The rent fell from AED 170,000 to AED 110,000 in 2020 and recovered to AED 125,815 by October 2022.
  • At AED 125,815 a year the gross yield on the 2023 price is 4.1%, before a service charge of about AED 22,600 a year (AED 17.41 per sqft).
  • One-beds in Tiara - Emerald sold for AED 3,900,000–3,950,000 in the 12 months to November 2026; the building's median across all types is AED 3,009 per sqft.

Source: Dubai Land Department. Updated 26 July 2023.

Questions about 1203, Tiara - Emerald

What did unit 1203 last sell for?

AED 3,100,000 on 26 July 2023: AED 2,392 per sqft for 1,296 sqft. The unit has 5 registered sales; the first was AED 1,086,250 in March 2009.

What is the rent for unit 1203?

AED 125,815 a year on the contract renewed on 3 October 2022. The previous contract, from October 2021, was AED 114,000; the unit has been rented since October 2014.

How big is unit 1203?

1,296 sqft (120.4 sqm): a one-bedroom apartment on the 12th floor of a 12-storey tower completed in 2009.

What is unit 1203 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Tiara - Emerald sold for AED 3,900,000 to 3,950,000 in the last 12 months, around AED 3,009 per sqft.

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Mortgage on 1203, Tiara - Emerald

Starts from the last sale price (AED 3.1M, 26 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,100,000
Deposit, UAE resident (20%)
AED 620,000
Deposit, non-resident (40%)
AED 1,240,000
Monthly over 25 years at 3.7%
AED 12,683

Plus AED 135,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →