2-bed · 1,677 sqftTiara - Emerald, Palm Jumeirah · 2nd floor · completed 2009

206, Tiara - Emerald

Sold prices and rental history: sold once, by the developer in November 2012, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 206 · DLD and Ejari recordsUpdated 8 September 2024
Last soldAED 2.85M13 November 2012
Current rentAED 237K /yr8 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 206, Tiara - Emerald

What is 206 worth today?

Last sold for AED 2,850,000 in 2012

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8 Sep 2024RentedRenewal
AED 237,000/yr12 months · AED 142 per sqft
8 Sep 2021RentedRenewal
AED 150,000/yr12 months · AED 89 per sqft
8 Sep 2020RentedRenewal
AED 115,000/yr12 months · AED 68 per sqft
4 Jul 2018RentedRenewal
AED 205,000/yr12 months · AED 122 per sqft
4 Jul 2017RentedRenewal
AED 220,000/yr12 months · AED 131 per sqft
4 Jul 2015RentedRenewal
AED 230,000/yr12 months · AED 137 per sqft
4 Jul 2014RentedNew contract
AED 225,000/yr12 months · AED 134 per sqft
13 Nov 2012Sold by developerReady
AED 2,850,000AED 1,699 per sqft

Source: Dubai Land Department. Updated 8 September 2024.

Key facts

Type
2-bed apartment
Size
1,677 sqft
Floor
2nd of 12
Parking
1105
Developer
Zabeel Investments
Completed
2009
Service charge
AED 29,200 /yr
Last sold
AED 2.85M · November 2012

About 206, Tiara - Emerald

206 is a two-bedroom apartment of 1,677 sqft on the 2nd floor of Tiara - Emerald, a 12-storey tower in Palm Jumeirah completed in 2009 by Zabeel Investments. The developer sold it on 13 November 2012 for AED 2,850,000, or AED 1,699 per sqft, 9% above the AED 1,565 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, renewed on 8 September 2024, is AED 237,000 a year: a gross yield of 8.3% on the 2012 price, before the service charge of about AED 29,200 a year.

Sales and rents for 206 over time

Sales
Unit 206, each saleTypical two-bed in Tiara - Emerald
2M4M2009201320172021Typical sale price by year: 2009 AED 1,886,375; 2010 AED 2,604,750; 2011 AED 2,583,000; 2012 AED 2,650,000; 2013 AED 2,895,784; 2014 AED 3,200,000; 2022 AED 4,000,000; 2023 AED 4,100,000Sold by developer, November 2012: AED 2,850,000 (AED 1,699 per sqft)

206 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 206, each contractTypical two-bed in Tiara - Emerald
100K200K2013201720212025Typical rent by year: 2013 AED 187,500; 2014 AED 220,000; 2015 AED 220,000; 2016 AED 199,275; 2017 AED 200,000; 2018 AED 192,500; 2019 AED 175,000; 2020 AED 155,000; 2021 AED 157,500; 2022 AED 178,220; 2023 AED 252,500; 2024 AED 250,000; 2025 AED 242,500New contract, July 2014: AED 225,000 a yearRenewal, July 2015: AED 230,000 a yearRenewal, July 2017: AED 220,000 a yearRenewal, July 2018: AED 205,000 a yearRenewal, September 2020: AED 115,000 a yearRenewal, September 2021: AED 150,000 a yearRenewal, September 2024: AED 237,000 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 - Emerald, and where 206 sits

All 29 2-beds →

206 last sold in November 2012 at AED 1,699 per sqft, 9% above what two-beds in Tiara - Emerald were fetching at the time (AED 1,565). Over the last 12 months two-beds sold for AED 5,800,000 to 6,900,000, around AED 3,258 per sqft, and rent for AED 275,000 to 280,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
23 Jan 20265,800,000
8 Jul 20255,450,000
13 Jun 20245,500,000
5 Jul 20234,500,000
2 2-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 2nd floor

All 80 units in Tiara - Emerald
Value
2012-bedAED 2.2M · Apr 2013
2023-bedAED 3.52M · May 2013
2031-bedAED 3.18M · Jul 2024
2041-bedAED 3.9M · Feb 2026
2053-bedAED 5.6M · Apr 2023

206, Tiara - Emerald in numbers

  • Sold once: by Zabeel Investments on 13 November 2012 for AED 2,850,000, or AED 1,699 per sqft.
  • Rented since July 2014 on 7 Ejari contracts. The rent fell from AED 225,000 to AED 115,000 in 2020 and recovered to AED 237,000 by September 2024.
  • At AED 237,000 a year the gross yield on the 2012 price is 8.3%, before a service charge of about AED 29,200 a year (AED 17.41 per sqft).
  • Two-beds in Tiara - Emerald sold for AED 5,800,000–6,900,000 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 8 September 2024.

Questions about 206, Tiara - Emerald

What did unit 206 last sell for?

AED 2,850,000 on 13 November 2012, sold by the developer: AED 1,699 per sqft for 1,677 sqft. It is the only registered sale of the unit.

What is the rent for unit 206?

AED 237,000 a year on the contract renewed on 8 September 2024. The previous contract, from September 2021, was AED 150,000; the unit has been rented since July 2014.

How big is unit 206?

1,677 sqft (155.8 sqm): a two-bedroom apartment on the 2nd floor of a 12-storey tower completed in 2009.

What is unit 206 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Tiara - Emerald sold for AED 5,800,000 to 6,900,000 in the last 12 months, around AED 3,258 per sqft.

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Mortgage on 206, Tiara - Emerald

Starts from the last sale price (AED 2.85M, 13 November 2012). Switch to today's estimate once you have unlocked it.
Price
AED 2,850,000
Deposit, UAE resident (20%)
AED 570,000
Deposit, non-resident (40%)
AED 1,140,000
Monthly over 25 years at 3.7%
AED 11,660

Plus AED 124,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →