1205, Tiara - Ruby
Sold prices and rental history: sold 6 times, last in April 2023, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1205, Tiara - Ruby
What is 1205 worth today?
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Source: Dubai Land Department. Updated 27 April 2023.
Key facts
- Type
- 3-bed apartment
- Size
- 2,266 sqft
- Floor
- 12th of 12
- Parking
- P2-2174, P2-2175
- Developer
- Zabeel Investments
- Completed
- 2009
- Service charge
- AED 39,500 /yr
- Last sold
- AED 6.39M · April 2023
- Building
- Tiara - Ruby
About 1205, Tiara - Ruby
1205 is a three-bedroom apartment of 2,266 sqft on the 12th floor of Tiara - Ruby, a 12-storey tower in Palm Jumeirah completed in 2009 by Zabeel Investments. It last sold on 27 April 2023 for AED 6,385,000, or AED 2,817 per sqft, 12% above the AED 2,515 three-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 4 Ejari contracts. The current contract, renewed on 8 September 2019, is AED 275,000 a year: a gross yield of 4.3% on the 2023 price, before the service charge of about AED 39,500 a year.
Sales and rents for 1205 over time
1205 has sold 6 times; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Tiara - Ruby, and where 1205 sits
All 26 3-beds →1205 last sold in April 2023 at AED 2,817 per sqft, 12% above what three-beds in Tiara - Ruby were fetching at the time (AED 2,515). 1205's AED 275,000 is at the bottom of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Feb 202527 February 2025 | 2,266 sqft | 8,050,000 | 3,552 | ||
| 4 Jul 20244 July 2024 | 2,266 sqft | 6,200,000 | 2,736 | ||
| 19 Mar 202419 March 2024 | 2,266 sqft | 6,000,000 | 2,647 | ||
| 9 Jan 20239 January 2023 | 2,266 sqft | 5,700,000 | 2,515 |
Tiara - Ruby
Building79 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%
Other units on the 12th floor
All 79 units in Tiara - Ruby| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | 2-bed | 1,677 sqft | AED 4.26MAED 4,260,000 · May 2022May 2022 | 160,000 /yr | |
| 1202 | 3-bed | 2,266 sqft | AED 3.86MAED 3,860,000 · Apr 2019April 2019 | 300,000 /yr | |
| 1203 | 1-bed | 1,296 sqft | AED 2.17MAED 2,172,500 · Feb 2013February 2013 | 175,000 /yr | |
| 1204 | 1-bed | 1,296 sqft | AED 1.1MAED 1,095,000 · Feb 2012February 2012 | 200,000 /yr | |
| 1206 | 2-bed | 1,677 sqft | AED 3.15MAED 3,150,000 · Mar 2021March 2021 | 194,252 /yr |
1205, Tiara - Ruby in numbers
- Sold 6 times: first on 20 May 2010 for AED 4,316,984, last on 27 April 2023 for AED 6,385,000 (AED 2,817 per sqft).
- Rented since January 2016 on 4 Ejari contracts, from AED 300,000 to AED 275,000 a year.
- At AED 275,000 a year the gross yield on the 2023 price is 4.3%, before a service charge of about AED 39,500 a year (AED 17.41 per sqft).
Source: Dubai Land Department. Updated 27 April 2023.
Questions about 1205, Tiara - Ruby
What did unit 1205 last sell for?
AED 6,385,000 on 27 April 2023: AED 2,817 per sqft for 2,266 sqft. The unit has 6 registered sales; the first was AED 4,316,984 in May 2010.
What is the rent for unit 1205?
AED 275,000 a year on the contract renewed on 8 September 2019. The previous contract, from September 2018, was AED 288,600; the unit has been rented since January 2016.
How big is unit 1205?
2,266 sqft (210.5 sqm): a three-bedroom apartment on the 12th floor of a 12-storey tower completed in 2009.
What is unit 1205 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 1205, Tiara - Ruby
Starts from the last sale price (AED 6.39M, 27 April 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 6,385,000
- Deposit, UAE resident (20%)
- AED 1,277,000
- Deposit, non-resident (40%)
- AED 2,554,000
- Monthly over 25 years at 3.7%
- AED 26,123
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →