1202, Tiara - Tanzanite
Sold prices and rental history: sold twice, last in March 2014, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1202, Tiara - Tanzanite
What is 1202 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 1 November 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 2,266 sqft
- Floor
- 12th of 12
- Parking
- P2-2360, P2-2361
- Developer
- Zabeel Investments
- Completed
- 2009
- Service charge
- AED 39,500 /yr
- Last sold
- AED 5.1M · March 2014
- Building
- Tiara - Tanzanite
About 1202, Tiara - Tanzanite
1202 is a three-bedroom apartment of 2,266 sqft on the 12th floor of Tiara - Tanzanite, a 12-storey tower in Palm Jumeirah completed in 2009 by Zabeel Investments. It last sold on 24 March 2014 for AED 5,100,000, or AED 2,250 per sqft, 23% above the AED 1,833 three-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, renewed on 1 November 2024, is AED 340,000 a year: a gross yield of 6.7% on the 2014 price, before the service charge of about AED 39,500 a year.
Sales and rents for 1202 over time
1202 has sold twice; 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 - Tanzanite, and where 1202 sits
All 23 3-beds →1202 last sold in March 2014 at AED 2,250 per sqft, 23% above what three-beds in Tiara - Tanzanite were fetching at the time (AED 1,833).
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 26 May 202526 May 2025 | 2,392 sqft | 11,500,000 | 4,807 | ||
| 16 May 202516 May 2025 | 2,392 sqft | 12,140,514 | 5,075 | ||
| 20 Feb 202520 February 2025 | 2,266 sqft | 5,700,000 | 2,515 | ||
| 30 Dec 202430 December 2024 | 1,196 sqft | 2,751,675 | 2,300 |
Tiara - Tanzanite
Building79 apartments, 1-bed to 3-bed over 12 floors in Palm Jumeirah, completed in 2009 by Zabeel Investments. 3 sold in the last 12 months.
- Typical price per sqft
- AED 3,428
- Typical sale
- AED 5.75M
- Typical rent
- AED 200K /yr
- Typical yield
- 4.3%
Other units on the 12th floor
All 79 units in Tiara - Tanzanite| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | 2-bed | 1,677 sqft | AED 3.5MAED 3,500,000 · Jul 2013July 2013 | 135,000 /yr | |
| 1203 | 1-bed | 1,299 sqft | AED 1.72MAED 1,720,000 · Sep 2018September 2018 | 145,000 /yr | |
| 1204 | 1-bed | 1,296 sqft | AED 2.85MAED 2,850,000 · Nov 2017November 2017 | 180,000 /yr | |
| 1205 | 3-bed | 1,196 sqft | AED 2.75MAED 2,751,675 · Dec 2024December 2024 | 440,000 /yr | |
| 1206 | 2-bed | 1,677 sqft | AED 2.02MAED 2,017,419 · Dec 2019December 2019 | 200,000 /yr |
1202, Tiara - Tanzanite in numbers
- Sold twice: first on 5 May 2013 for AED 3,908,555, last on 24 March 2014 for AED 5,100,000 (AED 2,250 per sqft).
- Rented since August 2015 on 8 Ejari contracts. The rent fell from AED 250,000 to AED 220,000 in 2021 and recovered to AED 340,000 by November 2024.
- At AED 340,000 a year the gross yield on the 2014 price is 6.7%, before a service charge of about AED 39,500 a year (AED 17.41 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 1 November 2024.
Questions about 1202, Tiara - Tanzanite
What did unit 1202 last sell for?
AED 5,100,000 on 24 March 2014: AED 2,250 per sqft for 2,266 sqft. The unit has 2 registered sales; the first was AED 3,908,555 in May 2013.
What is the rent for unit 1202?
AED 340,000 a year on the contract renewed on 1 November 2024. The previous contract, from November 2023, was AED 340,000; the unit has been rented since August 2015.
How big is unit 1202?
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 1202 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 1202, Tiara - Tanzanite
Starts from the last sale price (AED 5.1M, 24 March 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 5,100,000
- Deposit, UAE resident (20%)
- AED 1,020,000
- Deposit, non-resident (40%)
- AED 2,040,000
- Monthly over 25 years at 3.7%
- AED 20,866
Plus AED 219,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →