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3-bed · 1,196 sqftTiara - Emerald, Palm Jumeirah · 3rd floor · completed 2009

302, Tiara - Emerald

Sold prices and rental history: sold once, by the developer in February 2013, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 302 · DLD and Ejari recordsUpdated 1 October 2023
Last soldAED 3.61M20 February 2013
Current rentAED 284K /yr1 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 302, Tiara - Emerald

What is 302 worth today?

Last sold for AED 3,607,555 in 2013

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1 Oct 2023RentedRenewal
AED 283,500/yr12 months · AED 119 per sqft
1 Nov 2021RentedNew contract
AED 247,500/yr12 months · AED 103 per sqft
23 Sep 2020RentedNew contract
AED 165,000/yr12 months · AED 69 per sqft
23 Sep 2019RentedNew contract
AED 175,000/yr12 months · AED 73 per sqft
3 Dec 2017RentedNew contract
AED 200,000/yr12 months · AED 84 per sqft
20 Feb 2013Sold by developerReady
AED 3,607,555AED 1,508 per sqft

Source: Dubai Land Department. Updated 1 October 2023.

Key facts

Type
3-bed apartment
Size
1,196 sqft
Floor
3rd of 12
Parking
1124, 1125
Developer
Zabeel Investments
Completed
2009
Service charge
AED 20,800 /yr
Last sold
AED 3.61M · February 2013
Building
Tiara - Emerald

About 302, Tiara - Emerald

302 is a three-bedroom apartment of 1,196 sqft on the 3rd floor of Tiara - Emerald, a 12-storey tower in Palm Jumeirah completed in 2009 by Zabeel Investments. The developer sold it on 20 February 2013 for AED 3,607,555, or AED 1,508 per sqft, 5% below the AED 1,588 three-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, renewed on 1 October 2023, is AED 283,500 a year: a gross yield of 7.9% on the 2013 price, before the service charge of about AED 20,800 a year.

Sales and rents for 302 over time

Sales
Unit 302, each saleTypical three-bed in Tiara - Emerald
4M6M20092013201720212025Typical sale price by year: 2009 AED 6,635,200; 2012 AED 3,650,000; 2013 AED 3,735,055; 2015 AED 5,000,000; 2021 AED 3,150,000; 2023 AED 6,500,000; 2024 AED 5,800,000Sold by developer, February 2013: AED 3,607,555 (AED 1,508 per sqft)

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

Rents
Unit 302, each contractTypical three-bed in Tiara - Emerald
200K300K2013201720212025Typical rent by year: 2013 AED 230,000; 2014 AED 250,000; 2015 AED 267,000; 2016 AED 262,119; 2017 AED 250,000; 2018 AED 245,000; 2019 AED 212,500; 2020 AED 181,000; 2021 AED 207,500; 2022 AED 216,000; 2023 AED 310,000; 2024 AED 320,000; 2025 AED 323,750New contract, December 2017: AED 200,000 a yearNew contract, September 2019: AED 175,000 a yearNew contract, September 2020: AED 165,000 a yearNew contract, November 2021: AED 247,500 a yearRenewal, October 2023: AED 283,500 a year

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

3-beds in Tiara - Emerald, and where 302 sits

All 25 3-beds →

302 last sold in February 2013 at AED 1,508 per sqft, 5% below what three-beds in Tiara - Emerald were fetching at the time (AED 1,588).

Recent 3-bed salesUnit no.Price (AED)Summary
20 Jun 20256,500,000
23 Oct 20245,800,000
17 Jul 20246,400,000
13 Mar 20245,700,000
0 3-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 3rd floor

All 80 units in Tiara - Emerald
Value
3012-bedAED 2.65M · Mar 2012
3031-bedAED 2.25M · Aug 2015
3041-bedAED 3.9M · Feb 2026
3053-bedAED 4.44M · Apr 2013
3062-bedAED 4.85M · May 2023

302, Tiara - Emerald in numbers

  • Sold once: by Zabeel Investments on 20 February 2013 for AED 3,607,555, or AED 1,508 per sqft.
  • Rented since December 2017 on 5 Ejari contracts. The rent fell from AED 200,000 to AED 165,000 in 2020 and recovered to AED 283,500 by October 2023.
  • At AED 283,500 a year the gross yield on the 2013 price is 7.9%, before a service charge of about AED 20,800 a year (AED 17.41 per sqft).

Source: Dubai Land Department. Updated 1 October 2023.

Questions about 302, Tiara - Emerald

What did unit 302 last sell for?

AED 3,607,555 on 20 February 2013, sold by the developer: AED 1,508 per sqft for 1,196 sqft. It is the only registered sale of the unit.

What is the rent for unit 302?

AED 283,500 a year on the contract renewed on 1 October 2023. The previous contract, from November 2021, was AED 247,500; the unit has been rented since December 2017.

How big is unit 302?

1,196 sqft (111.1 sqm): a three-bedroom apartment on the 3rd floor of a 12-storey tower completed in 2009.

What is unit 302 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 302, Tiara - Emerald

Starts from the last sale price (AED 3.61M, 20 February 2013). Switch to today's estimate once you have unlocked it.
Price
AED 3,607,555
Deposit, UAE resident (20%)
AED 721,511
Deposit, non-resident (40%)
AED 1,443,022
Monthly over 25 years at 3.7%
AED 14,760

Plus AED 156,527 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →