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1,296 sqftTiara - Ruby, Palm Jumeirah · 7th floor · completed 2009

704, Tiara - Ruby

Sold prices and rental history: sold 3 times, last in May 2015, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 704 · DLD and Ejari recordsUpdated 5 May 2015
Last soldAED 2.8M5 May 2015
Current rentAED 145K /yr10 January 2014
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 704, Tiara - Ruby

What is 704 worth today?

Last sold for AED 2,800,000 in 2015

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5 May 2015SoldReady
AED 2,800,000AED 2,160 per sqft
10 Jan 2014RentedRenewal
AED 145,200/yr6 months · AED 112 per sqft
10 Jan 2013RentedNew contract
AED 132,000/yr12 months · AED 102 per sqft
30 Jan 2012SoldReady
AED 1,829,970AED 1,412 per sqft
11 Mar 2009Sold by developerOff-plan
AED 2,033,300AED 1,568 per sqft

Source: Dubai Land Department. Updated 5 May 2015.

Key facts

Type
Apartment
Size
1,296 sqft
Floor
7th of 12
Parking
P1-1228
Developer
Zabeel Investments
Completed
2009
Service charge
AED 22,600 /yr
Last sold
AED 2.8M · May 2015
Building
Tiara - Ruby

About 704, Tiara - Ruby

704 is an apartment of 1,296 sqft on the 7th floor of Tiara - Ruby, a 12-storey tower in Palm Jumeirah completed in 2009 by Zabeel Investments. It last sold on 5 May 2015 for AED 2,800,000, or AED 2,160 per sqft.

It has been rented since 2013 on 2 Ejari contracts. The current contract, renewed on 10 January 2014, is AED 145,200 a year: a gross yield of 5.2% on the 2015 price, before the service charge of about AED 22,600 a year.

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 7th floor

All 79 units in Tiara - Ruby
Value
7012-bedAED 2.62M · Dec 2012
7023-bedAED 5.3M · Apr 2013
7031-bedAED 2.23M · Nov 2021
7053-bedAED 3M · Nov 2019
7062-bedAED 2.7M · Jan 2012

704, Tiara - Ruby in numbers

  • Sold 3 times: first on 11 March 2009 for AED 2,033,300, last on 5 May 2015 for AED 2,800,000 (AED 2,160 per sqft).
  • Rented since January 2013 on 2 Ejari contracts, from AED 132,000 to AED 145,200 a year.
  • At AED 145,200 a year the gross yield on the 2015 price is 5.2%, before a service charge of about AED 22,600 a year (AED 17.41 per sqft).

Source: Dubai Land Department. Updated 5 May 2015.

Questions about 704, Tiara - Ruby

What did unit 704 last sell for?

AED 2,800,000 on 5 May 2015: AED 2,160 per sqft for 1,296 sqft. The unit has 3 registered sales; the first was AED 2,033,300 in March 2009.

What is the rent for unit 704?

AED 145,200 a year on the contract renewed on 10 January 2014. The previous contract, from January 2013, was AED 132,000.

How big is unit 704?

1,296 sqft (120.4 sqm): an apartment on the 7th floor of a 12-storey tower completed in 2009.

What is unit 704 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 704, Tiara - Ruby

Starts from the last sale price (AED 2.8M, 5 May 2015). Switch to today's estimate once you have unlocked it.
Price
AED 2,800,000
Deposit, UAE resident (20%)
AED 560,000
Deposit, non-resident (40%)
AED 1,120,000
Monthly over 25 years at 3.7%
AED 11,456

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