406, Tiara - Emerald
Sold prices and rental history: sold 3 times, last in March 2011, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 406, Tiara - Emerald
What is 406 worth today?
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Source: Dubai Land Department. Updated 25 August 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,677 sqft
- Floor
- 4th of 12
- Parking
- 2073
- Developer
- Zabeel Investments
- Completed
- 2009
- Service charge
- AED 29,200 /yr
- Last sold
- AED 2.3M · March 2011
- Building
- Tiara - Emerald
About 406, Tiara - Emerald
406 is a two-bedroom apartment of 1,677 sqft on the 4th floor of Tiara - Emerald, a 12-storey tower in Palm Jumeirah completed in 2009 by Zabeel Investments. It last sold on 29 March 2011 for AED 2,300,000, or AED 1,371 per sqft, in line with the AED 1,341 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, renewed on 25 August 2024, is AED 265,000 a year: a gross yield of 11.5% on the 2011 price, before the service charge of about AED 29,200 a year.
Sales and rents for 406 over time
406 has sold 3 times; the dashed line is the two-bed median of each year in the building.
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 406 sits
All 29 2-beds →406 last sold in March 2011 at AED 1,371 per sqft, in line with what two-beds in Tiara - Emerald were fetching at the time (AED 1,341). 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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Jan 202623 January 2026 | 2,414 sqft | 5,800,000 | 2,402 | ||
| 8 Jul 20258 July 2025 | 1,677 sqft | 5,450,000 | 3,249 | ||
| 13 Jun 202413 June 2024 | 1,677 sqft | 5,500,000 | 3,279 | ||
| 5 Jul 20235 July 2023 | 1,677 sqft | 4,500,000 | 2,683 |
Tiara - Emerald
Building80 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%
Other units on the 4th floor
All 80 units in Tiara - Emerald| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 1,677 sqft | AED 2.2MAED 2,200,000 · Apr 2013April 2013 | 250,000 /yr | |
| 402 | 3-bed | 2,392 sqft | AED 3.62MAED 3,619,555 · Jul 2013July 2013 | 275,000 /yr | |
| 403 | 1-bed | 1,296 sqft | AED 2.4MAED 2,400,000 · Nov 2022November 2022 | 160,000 /yr | |
| 404 | 1-bed | 1,296 sqft | AED 1.28MAED 1,282,500 · Jul 2023July 2023 | 120,656 /yr | |
| 405 | 3-bed | 2,266 sqft | AED 6.64MAED 6,635,200 · Mar 2009March 2009 |
406, Tiara - Emerald in numbers
- Sold 3 times: first on 4 March 2009 for AED 1,231,700, last on 29 March 2011 for AED 2,300,000 (AED 1,371 per sqft).
- Rented since July 2014 on 11 Ejari contracts. The rent fell from AED 191,000 to AED 170,000 in 2021 and recovered to AED 265,000 by August 2024.
- At AED 265,000 a year the gross yield on the 2011 price is 11.5%, 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 25 August 2024.
Questions about 406, Tiara - Emerald
What did unit 406 last sell for?
AED 2,300,000 on 29 March 2011: AED 1,371 per sqft for 1,677 sqft. The unit has 3 registered sales; the first was AED 1,231,700 in March 2009.
What is the rent for unit 406?
AED 265,000 a year on the contract renewed on 25 August 2024. The previous contract, from August 2024, was AED 263,583; the unit has been rented since July 2014.
How big is unit 406?
1,677 sqft (155.8 sqm): a two-bedroom apartment on the 4th floor of a 12-storey tower completed in 2009.
What is unit 406 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 406, Tiara - Emerald
Starts from the last sale price (AED 2.3M, 29 March 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 2,300,000
- Deposit, UAE resident (20%)
- AED 460,000
- Deposit, non-resident (40%)
- AED 920,000
- Monthly over 25 years at 3.7%
- AED 9,410
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →