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2-bed · 1,677 sqftTiara - Ruby, Palm Jumeirah · 1st floor · completed 2009

101, Tiara - Ruby

Sold prices and rental history: sold 4 times, last in March 2019, and rented once, from May 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 101 · DLD and Ejari recordsUpdated 4 March 2019
Last soldAED 2.74M4 March 2019
Current rentAED 185K /yr17 May 2012
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 101, Tiara - Ruby

What is 101 worth today?

Last sold for AED 2,735,000 in 2019

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4 Mar 2019SoldReady
AED 2,735,000AED 1,630 per sqft
20 Jun 2013SoldReady
AED 3,750,000AED 2,236 per sqft
17 May 2012RentedNew contract
AED 185,000/yr12 months · AED 110 per sqft
20 Jun 2011SoldReady
AED 2,391,600AED 1,426 per sqft
11 Mar 2009Sold by developerOff-plan
AED 2,391,600AED 1,426 per sqft

Source: Dubai Land Department. Updated 4 March 2019.

Key facts

Type
2-bed apartment
Size
1,677 sqft
Floor
1st of 12
Parking
2163
Developer
Zabeel Investments
Completed
2009
Service charge
AED 29,200 /yr
Last sold
AED 2.74M · March 2019
Building
Tiara - Ruby

About 101, Tiara - Ruby

101 is a two-bedroom apartment of 1,677 sqft on the 1st floor of Tiara - Ruby, a 12-storey tower in Palm Jumeirah completed in 2009 by Zabeel Investments. It last sold on 4 March 2019 for AED 2,735,000, or AED 1,630 per sqft, 12% below the AED 1,848 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 17 May 2012. The current contract, signed on 17 May 2012, is AED 185,000 a year: a gross yield of 6.8% on the 2019 price, before the service charge of about AED 29,200 a year.

Sales and rents for 101 over time

Sales
Unit 101, each saleTypical two-bed in Tiara - Ruby
3M4M2009201320172021Typical sale price by year: 2009 AED 2,600,055; 2010 AED 2,475,000; 2011 AED 2,672,650; 2012 AED 2,618,800; 2013 AED 3,300,000; 2014 AED 4,000,000; 2019 AED 3,100,000; 2021 AED 3,100,000; 2022 AED 4,000,000Sold by developer, March 2009: AED 2,391,600 (AED 1,426 per sqft)Sold, June 2011: AED 2,391,600 (AED 1,426 per sqft)Sold, June 2013: AED 3,750,000 (AED 2,236 per sqft)Sold, March 2019: AED 2,735,000 (AED 1,630 per sqft)

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

Rents
Unit 101, each contractTypical two-bed in Tiara - Ruby
200K250K2012201620202024Typical rent by year: 2012 AED 189,723; 2013 AED 195,000; 2014 AED 210,000; 2015 AED 220,000; 2016 AED 205,000; 2017 AED 205,000; 2018 AED 195,000; 2019 AED 172,500; 2020 AED 167,000; 2021 AED 172,500; 2022 AED 181,031; 2023 AED 245,000; 2024 AED 260,000; 2025 AED 231,500New contract, May 2012: AED 185,000 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 - Ruby, and where 101 sits

All 29 2-beds →

101 last sold in March 2019 at AED 1,630 per sqft, 12% below what two-beds in Tiara - Ruby were fetching at the time (AED 1,848). Over the last 12 months two-beds sold for AED 7,300,000, around AED 4,352 per sqft, and rent for AED 194,252 to 285,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
14 Jan 20267,300,000
26 May 20234,600,000
20 Feb 20234,500,000
27 May 20224,260,000
1 2-bed sale in the last 12 months

Tiara - Ruby

Building

79 apartments, 1-bed to 4-bed over 12 floors in Palm Jumeirah, completed in 2009 by Zabeel Investments. 1 sold in the last 12 months.

Typical price per sqft
AED 4,352
Typical sale
AED 7.3M
Typical rent
AED 194K /yr
Typical yield
3.2%
Tiara - Ruby, Palm Jumeirah: prices, sales and rents →

Other units on the 1st floor

All 79 units in Tiara - Ruby
Value
1023-bedAED 6M · Mar 2024
1031-bedAED 4M · Jun 2025
1041-bedAED 1.7M · Aug 2013
1053-bedAED 4.2M · Feb 2013
1062-bedAED 3.11M · Sep 2012

101, Tiara - Ruby in numbers

  • Sold 4 times: first on 11 March 2009 for AED 2,391,600, last on 4 March 2019 for AED 2,735,000 (AED 1,630 per sqft).
  • Rented since May 2012 on one Ejari contract, at AED 185,000 a year.
  • At AED 185,000 a year the gross yield on the 2019 price is 6.8%, before a service charge of about AED 29,200 a year (AED 17.41 per sqft).
  • Two-beds in Tiara - Ruby sold for AED 7,300,000–7,300,000 in the 12 months to November 2026; the building's median across all types is AED 4,352 per sqft.

Source: Dubai Land Department. Updated 4 March 2019.

Questions about 101, Tiara - Ruby

What did unit 101 last sell for?

AED 2,735,000 on 4 March 2019: AED 1,630 per sqft for 1,677 sqft. The unit has 4 registered sales; the first was AED 2,391,600 in March 2009.

What is the rent for unit 101?

AED 185,000 a year on the contract signed on 17 May 2012.

How big is unit 101?

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

What is unit 101 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Tiara - Ruby sold for AED 7,300,000 to 7,300,000 in the last 12 months, around AED 4,352 per sqft.

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Mortgage on 101, Tiara - Ruby

Starts from the last sale price (AED 2.74M, 4 March 2019). Switch to today's estimate once you have unlocked it.
Price
AED 2,735,000
Deposit, UAE resident (20%)
AED 547,000
Deposit, non-resident (40%)
AED 1,094,000
Monthly over 25 years at 3.7%
AED 11,190

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →