1-bed · 1,296 sqftTiara - Emerald, Palm Jumeirah · 5th floor · completed 2009

503, Tiara - Emerald

Sold prices and rental history: sold 4 times, last in January 2011, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 503 · DLD and Ejari recordsUpdated 25 October 2024
Last soldAED 1.8M18 January 2011
Current rentAED 180K /yr25 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 503, Tiara - Emerald

What is 503 worth today?

Last sold for AED 1,800,000 in 2011

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25 Oct 2024RentedRenewal
AED 180,000/yr12 months · AED 139 per sqft
25 Oct 2023RentedNew contract
AED 180,000/yr12 months · AED 139 per sqft
29 Sep 2022RentedNew contract
AED 170,000/yr12 months · AED 131 per sqft
15 Jan 2020RentedNew contract
AED 110,000/yr12 months · AED 85 per sqft
29 Sep 2019RentedRenewal
AED 135,000/yr12 months · AED 105 per sqft
29 Sep 2018RentedRenewal
AED 135,000/yr12 months · AED 105 per sqft
29 Sep 2017RentedRenewal
AED 145,000/yr12 months · AED 112 per sqft
15 May 2014RentedNew contract
AED 150,000/yr12 months · AED 116 per sqft

Source: Dubai Land Department. Updated 25 October 2024.

Key facts

Type
1-bed apartment
Size
1,296 sqft
Floor
5th of 12
Parking
2022
Developer
Zabeel Investments
Completed
2009
Service charge
AED 22,600 /yr
Last sold
AED 1.8M · January 2011

About 503, Tiara - Emerald

503 is a one-bedroom apartment of 1,296 sqft on the 5th floor of Tiara - Emerald, a 12-storey tower in Palm Jumeirah completed in 2009 by Zabeel Investments. It last sold on 18 January 2011 for AED 1,800,000, or AED 1,388 per sqft, in line with the AED 1,350 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 25 October 2024, is AED 180,000 a year: a gross yield of 10.0% on the 2011 price, before the service charge of about AED 22,600 a year.

Sales and rents for 503 over time

Sales
Unit 503, 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, June 2009: AED 1,800,000 (AED 1,388 per sqft)Sold, June 2009: AED 1,800,000 (AED 1,388 per sqft)Sold, January 2011: AED 1,800,000 (AED 1,388 per sqft)Sold, January 2011: AED 1,825,000 (AED 1,408 per sqft)

503 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 503, 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, May 2014: AED 150,000 a yearRenewal, September 2017: AED 145,000 a yearRenewal, September 2018: AED 135,000 a yearRenewal, September 2019: AED 135,000 a yearNew contract, January 2020: AED 110,000 a yearNew contract, September 2022: AED 170,000 a yearNew contract, October 2023: AED 180,000 a yearRenewal, October 2024: AED 180,000 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 503 sits

All 34 1-beds →

503 last sold in January 2011 at AED 1,388 per sqft, in line with what one-beds in Tiara - Emerald were fetching at the time (AED 1,350). 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. 503's AED 180,000 is in the upper half 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 5th floor

All 80 units in Tiara - Emerald
Value
5012-bedAED 4.5M · Jul 2023
5023-bedAED 6.5M · Jun 2025
5041-bedAED 2.08M · Apr 2021
5053-bedAED 3.7M · Apr 2013
5062-bedAED 3.25M · Dec 2017

503, Tiara - Emerald in numbers

  • Sold 4 times: first on 25 June 2009 for AED 1,800,000, last on 18 January 2011 for AED 1,800,000 (AED 1,388 per sqft).
  • Rented since May 2014 on 8 Ejari contracts. The rent fell from AED 150,000 to AED 110,000 in 2020 and recovered to AED 180,000 by October 2024.
  • At AED 180,000 a year the gross yield on the 2011 price is 10.0%, 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 25 October 2024.

Questions about 503, Tiara - Emerald

What did unit 503 last sell for?

AED 1,800,000 on 18 January 2011: AED 1,388 per sqft for 1,296 sqft. The unit has 4 registered sales; the first was AED 1,800,000 in June 2009.

What is the rent for unit 503?

AED 180,000 a year on the contract renewed on 25 October 2024. The previous contract, from October 2023, was AED 180,000; the unit has been rented since May 2014.

How big is unit 503?

1,296 sqft (120.4 sqm): a one-bedroom apartment on the 5th floor of a 12-storey tower completed in 2009.

What is unit 503 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 503, Tiara - Emerald

Starts from the last sale price (AED 1.8M, 18 January 2011). Switch to today's estimate once you have unlocked it.
Price
AED 1,800,000
Deposit, UAE resident (20%)
AED 360,000
Deposit, non-resident (40%)
AED 720,000
Monthly over 25 years at 3.7%
AED 7,364

Plus AED 80,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →