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

406, Tiara - Ruby

Sold prices and rental history: sold 5 times, last in January 2026, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 406 · DLD and Ejari recordsUpdated 14 January 2026
Last soldAED 7.3M14 January 2026
Current rentAED 310K /yr30 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 406, Tiara - Ruby

What is 406 worth today?

Last sold for AED 7,300,000 in 2026

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14 Jan 2026SoldReady
AED 7,300,000AED 4,352 per sqft
30 Sep 2025RentedRenewal
AED 310,000/yr12 months · AED 185 per sqft
30 Sep 2023RentedNew contract
AED 310,000/yr12 months · AED 185 per sqft
1 Oct 2022RentedRenewal
AED 245,000/yr12 months · AED 146 per sqft
1 Oct 2021RentedNew contract
AED 195,000/yr12 months · AED 116 per sqft
1 Apr 2021RentedRenewal
AED 180,000/yr6 months · AED 107 per sqft
1 Oct 2020RentedRenewal
AED 180,000/yr6 months · AED 107 per sqft
1 Oct 2019RentedRenewal
AED 180,000/yr12 months · AED 107 per sqft

Source: Dubai Land Department. Updated 14 January 2026.

Key facts

Type
2-bed apartment
Size
1,677 sqft
Floor
4th of 12
Parking
2182
Developer
Zabeel Investments
Completed
2009
Service charge
AED 29,200 /yr
Last sold
AED 7.3M · January 2026
Building
Tiara - Ruby

About 406, Tiara - Ruby

406 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 14 January 2026 for AED 7,300,000, or AED 4,352 per sqft.

It has been rented continuously since 2012 on 11 Ejari contracts. The current contract, renewed on 30 September 2025, is AED 310,000 a year: a gross yield of 4.3% on the 2026 price, before the service charge of about AED 29,200 a year.

Sales and rents for 406 over time

Sales
Unit 406, each saleTypical two-bed in Tiara - Ruby
2.5M5M7.5M2009201420192024Typical 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, January 2011: AED 2,463,400 (AED 1,468 per sqft)Sold, February 2013: AED 2,930,000 (AED 1,747 per sqft)Sold, June 2013: AED 4,000,000 (AED 2,385 per sqft)Sold, January 2026: AED 7,300,000 (AED 4,352 per sqft)

406 has sold 5 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 406, each contractTypical two-bed in Tiara - Ruby
200K300K2012201620202024Typical 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, September 2012: AED 185,000 a yearNew contract, July 2013: AED 220,000 a yearNew contract, September 2015: AED 239,362 a yearNew contract, October 2017: AED 200,000 a yearRenewal, October 2019: AED 180,000 a yearRenewal, October 2020: AED 180,000 a yearRenewal, April 2021: AED 180,000 a yearNew contract, October 2021: AED 195,000 a yearRenewal, October 2022: AED 245,000 a yearNew contract, September 2023: AED 310,000 a yearRenewal, September 2025: AED 310,000 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 406 sits

All 29 2-beds →

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
26 May 20234,600,000
20 Feb 20234,500,000
27 May 20224,260,000
11 Apr 20224,000,000
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
4012-bedAED 2.46M · Dec 2012
4023-bedAED 7M · Dec 2014
4031-bedAED 4.01M · May 2025
404AED 1.83M · Apr 2011
4053-bedAED 4.08M · Feb 2011

406, Tiara - Ruby in numbers

  • Sold 5 times: first on 11 March 2009 for AED 2,463,400, last on 14 January 2026 for AED 7,300,000 (AED 4,352 per sqft).
  • Rented since September 2012 on 11 Ejari contracts, from AED 185,000 to AED 310,000 a year.
  • At AED 310,000 a year the gross yield on the 2026 price is 4.3%, 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 14 January 2026.

Questions about 406, Tiara - Ruby

What did unit 406 last sell for?

AED 7,300,000 on 14 January 2026: AED 4,352 per sqft for 1,677 sqft. The unit has 5 registered sales; the first was AED 2,463,400 in March 2009.

What is the rent for unit 406?

AED 310,000 a year on the contract renewed on 30 September 2025. The previous contract, from September 2023, was AED 310,000; the unit has been rented since September 2012.

How big is unit 406?

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 406 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 406, Tiara - Ruby

Starts from the last sale price (AED 7.3M, 14 January 2026). Switch to today's estimate once you have unlocked it.
Price
AED 7,300,000
Deposit, UAE resident (20%)
AED 1,460,000
Deposit, non-resident (40%)
AED 2,920,000
Monthly over 25 years at 3.7%
AED 29,867

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