506, Tiara - Emerald
Sold prices and rental history: sold 5 times, last in December 2017, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, Tiara - Emerald
What is 506 worth today?
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Source: Dubai Land Department. Updated 25 November 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,677 sqft
- Floor
- 5th of 12
- Parking
- 2069
- Developer
- Zabeel Investments
- Completed
- 2009
- Service charge
- AED 29,200 /yr
- Last sold
- AED 3.25M · December 2017
- Building
- Tiara - Emerald
About 506, Tiara - Emerald
506 is a two-bedroom apartment of 1,677 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 19 December 2017 for AED 3,250,000, or AED 1,937 per sqft.
It has been rented continuously since 2015 on 4 Ejari contracts. The current contract, signed on 25 November 2023, is AED 294,000 a year: a gross yield of 9.0% on the 2017 price, before the service charge of about AED 29,200 a year.
Sales and rents for 506 over time
506 has sold 5 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 506 sits
All 29 2-beds →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 5th floor
All 80 units in Tiara - Emerald| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,677 sqft | AED 4.5MAED 4,500,000 · Jul 2023July 2023 | 155,923 /yr | |
| 502 | 3-bed | 2,392 sqft | AED 6.5MAED 6,500,000 · Jun 2025June 2025 | 216,000 /yr | |
| 503 | 1-bed | 1,296 sqft | AED 1.83MAED 1,825,000 · Jan 2011January 2011 | 180,000 /yr | |
| 504 | 1-bed | 1,296 sqft | AED 2.08MAED 2,075,000 · Apr 2021April 2021 | 175,000 /yr | |
| 505 | 3-bed | 2,266 sqft | AED 3.7MAED 3,700,000 · Apr 2013April 2013 | 200,000 /yr |
506, Tiara - Emerald in numbers
- Sold 5 times: first on 4 March 2009 for AED 1,273,550, last on 19 December 2017 for AED 3,250,000 (AED 1,937 per sqft).
- Rented since November 2015 on 4 Ejari contracts. The rent fell from AED 220,000 to AED 180,000 in 2022 and recovered to AED 294,000 by November 2023.
- At AED 294,000 a year the gross yield on the 2017 price is 9.0%, 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 November 2023.
Questions about 506, Tiara - Emerald
What did unit 506 last sell for?
AED 3,250,000 on 19 December 2017: AED 1,937 per sqft for 1,677 sqft. The unit has 5 registered sales; the first was AED 1,273,550 in March 2009.
What is the rent for unit 506?
AED 294,000 a year on the contract signed on 25 November 2023. The previous contract, from July 2022, was AED 275,000; the unit has been rented since November 2015.
How big is unit 506?
1,677 sqft (155.8 sqm): a two-bedroom apartment on the 5th floor of a 12-storey tower completed in 2009.
What is unit 506 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 506, Tiara - Emerald
Starts from the last sale price (AED 3.25M, 19 December 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 3,250,000
- Deposit, UAE resident (20%)
- AED 650,000
- Deposit, non-resident (40%)
- AED 1,300,000
- Monthly over 25 years at 3.7%
- AED 13,297
Plus AED 141,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →