2-bed · 1,677 sqftTiara - Ruby, Palm Jumeirah · 4th floor · completed 2009

401, Tiara - Ruby

Sold prices and rental history: sold twice, last in December 2012, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 401 · DLD and Ejari recordsUpdated 5 April 2025
Last soldAED 2.46M18 December 2012
Current rentAED 253K /yr5 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 401, Tiara - Ruby

What is 401 worth today?

Last sold for AED 2,463,400 in 2012

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5 Apr 2025RentedRenewal
AED 253,000/yr12 months · AED 151 per sqft
5 Apr 2023RentedNew contract
AED 220,000/yr12 months · AED 131 per sqft
5 Apr 2022RentedNew contract
AED 220,000/yr12 months · AED 131 per sqft
26 Mar 2021RentedNew contract
AED 180,000/yr12 months · AED 107 per sqft
2 Mar 2019RentedRenewal
AED 203,000/yr12 months · AED 121 per sqft
2 Mar 2018RentedNew contract
AED 215,000/yr12 months · AED 128 per sqft
1 Mar 2017RentedRenewal
AED 225,000/yr12 months · AED 134 per sqft
1 Mar 2016RentedNew contract
AED 225,000/yr12 months · AED 134 per sqft

Source: Dubai Land Department. Updated 5 April 2025.

Key facts

Type
2-bed apartment
Size
1,677 sqft
Floor
4th of 12
Parking
2312
Developer
Zabeel Investments
Completed
2009
Service charge
AED 29,200 /yr
Last sold
AED 2.46M · December 2012
Building
Tiara - Ruby

About 401, Tiara - Ruby

401 is a two-bedroom apartment of 1,677 sqft on the 4th floor of Tiara - Ruby, a 12-storey tower in Palm Jumeirah completed in 2009 by Zabeel Investments. It last sold on 18 December 2012 for AED 2,463,400, or AED 1,468 per sqft, 5% below the AED 1,540 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, renewed on 5 April 2025, is AED 253,000 a year: a gross yield of 10.3% on the 2012 price, before the service charge of about AED 29,200 a year.

Sales and rents for 401 over time

Sales
Unit 401, 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 2,463,400 (AED 1,468 per sqft)Sold, December 2012: AED 2,463,400 (AED 1,468 per sqft)

401 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 401, 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 231,500Renewal, February 2015: AED 200,000 a yearNew contract, March 2016: AED 225,000 a yearRenewal, March 2017: AED 225,000 a yearNew contract, March 2018: AED 215,000 a yearRenewal, March 2019: AED 203,000 a yearNew contract, March 2021: AED 180,000 a yearNew contract, April 2022: AED 220,000 a yearNew contract, April 2023: AED 220,000 a yearRenewal, April 2025: AED 253,000 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 401 sits

All 29 2-beds →

401 last sold in December 2012 at AED 1,468 per sqft, 5% below what two-beds in Tiara - Ruby were fetching at the time (AED 1,540). 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 4th floor

All 79 units in Tiara - Ruby
Value
4023-bedAED 7M · Dec 2014
4031-bedAED 4.01M · May 2025
404AED 1.83M · Apr 2011
4053-bedAED 4.08M · Feb 2011
4062-bedAED 7.3M · Jan 2026

401, Tiara - Ruby in numbers

  • Sold twice: first on 11 March 2009 for AED 2,463,400, last on 18 December 2012 for AED 2,463,400 (AED 1,468 per sqft).
  • Rented since February 2015 on 9 Ejari contracts, from AED 200,000 to AED 253,000 a year.
  • At AED 253,000 a year the gross yield on the 2012 price is 10.3%, 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 5 April 2025.

Questions about 401, Tiara - Ruby

What did unit 401 last sell for?

AED 2,463,400 on 18 December 2012: AED 1,468 per sqft for 1,677 sqft. The unit has 2 registered sales; the first was AED 2,463,400 in March 2009.

What is the rent for unit 401?

AED 253,000 a year on the contract renewed on 5 April 2025. The previous contract, from April 2023, was AED 220,000; the unit has been rented since February 2015.

How big is unit 401?

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 401 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 401, Tiara - Ruby

Starts from the last sale price (AED 2.46M, 18 December 2012). Switch to today's estimate once you have unlocked it.
Price
AED 2,463,400
Deposit, UAE resident (20%)
AED 492,680
Deposit, non-resident (40%)
AED 985,360
Monthly over 25 years at 3.7%
AED 10,079

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