G08, Tiara - Ruby
Sold prices and rental history: sold once, by the developer in May 2012, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for G08, Tiara - Ruby
What is G08 worth today?
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Source: Dubai Land Department. Updated 18 August 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,900 sqft
- Floor
- Ground of 12
- Parking
- 2164
- Developer
- Zabeel Investments
- Completed
- 2009
- Service charge
- AED 33,100 /yr
- Last sold
- AED 2.65M · May 2012
- Building
- Tiara - Ruby
About G08, Tiara - Ruby
G08 is a two-bedroom apartment of 1,900 sqft on the ground floor of Tiara - Ruby, a 12-storey tower in Palm Jumeirah completed in 2009 by Zabeel Investments. The developer sold it on 10 May 2012 for AED 2,650,000, or AED 1,394 per sqft, 11% below the AED 1,572 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 18 August 2024, is AED 198,000 a year: a gross yield of 7.5% on the 2012 price, before the service charge of about AED 33,100 a year.
Sales and rents for G08 over time
G08 has sold once; the dashed line is the two-bed median of each year in the building.
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 G08 sits
All 29 2-beds →G08 last sold in May 2012 at AED 1,394 per sqft, 11% below what two-beds in Tiara - Ruby were fetching at the time (AED 1,572). 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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 14 Jan 202614 January 2026 | 1,677 sqft | 7,300,000 | 4,352 | ||
| 26 May 202326 May 2023 | 1,677 sqft | 4,600,000 | 2,742 | ||
| 20 Feb 202320 February 2023 | 1,677 sqft | 4,500,000 | 2,683 | ||
| 27 May 202227 May 2022 | 1,677 sqft | 4,260,000 | 2,540 |
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 ground floor
All 79 units in Tiara - Ruby| ValueToday's value | |||||
|---|---|---|---|---|---|
| G01 | 2-bed | 1,900 sqft | AED 3.65MAED 3,650,000 · May 2021May 2021 | 164,000 /yr | |
| G02 | 1-bed | 1,333 sqft | AED 2.5MAED 2,500,000 · Apr 2022April 2022 | 190,000 /yr | |
| G03 | 1-bed | 1,359 sqft | AED 1.89MAED 1,894,555 · Dec 2013December 2013 | 140,000 /yr | |
| G05 | 1-bed | 1,717 sqft | AED 3.68MAED 3,680,000 · Jan 2025January 2025 | 80,000 /yr | |
| G06 | 1-bed | 1,359 sqft | AED 2.15MAED 2,150,000 · Jan 2023January 2023 | 330,667 /yr | |
| G07 | 1-bed | 1,333 sqft | AED 2.98MAED 2,980,000 · Oct 2014October 2014 | 140,000 /yr |
G08, Tiara - Ruby in numbers
- Sold once: by Zabeel Investments on 10 May 2012 for AED 2,650,000, or AED 1,394 per sqft.
- Rented since July 2013 on 11 Ejari contracts. The rent fell from AED 180,000 to AED 160,000 in 2021 and recovered to AED 198,000 by August 2024.
- At AED 198,000 a year the gross yield on the 2012 price is 7.5%, before a service charge of about AED 33,100 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 18 August 2024.
Questions about G08, Tiara - Ruby
What did unit G08 last sell for?
AED 2,650,000 on 10 May 2012, sold by the developer: AED 1,394 per sqft for 1,900 sqft. It is the only registered sale of the unit.
What is the rent for unit G08?
AED 198,000 a year on the contract renewed on 18 August 2024. The previous contract, from August 2023, was AED 185,000; the unit has been rented since July 2013.
How big is unit G08?
1,900 sqft (176.5 sqm): a two-bedroom apartment on the ground floor of a 12-storey tower completed in 2009.
What is unit G08 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 G08, Tiara - Ruby
Starts from the last sale price (AED 2.65M, 10 May 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 2,650,000
- Deposit, UAE resident (20%)
- AED 530,000
- Deposit, non-resident (40%)
- AED 1,060,000
- Monthly over 25 years at 3.7%
- AED 10,842
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →