2-bed · 1,677 sqftTiara - Tanzanite, Palm Jumeirah · 12th floor · completed 2009

1206, Tiara - Tanzanite

Sold prices and rental history: sold twice, last in December 2019, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1206 · DLD and Ejari recordsUpdated 12 March 2025
Last soldAED 2.02M11 December 2019
Current rentAED 200K /yr12 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1206, Tiara - Tanzanite

What is 1206 worth today?

Last sold for AED 2,017,419 in 2019

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12 Mar 2025RentedRenewal
AED 200,000/yr12 months · AED 119 per sqft
12 Mar 2024RentedRenewal
AED 180,000/yr12 months · AED 107 per sqft
12 Mar 2023RentedRenewal
AED 165,000/yr12 months · AED 98 per sqft
12 Mar 2021RentedNew contract
AED 130,000/yr12 months · AED 77 per sqft
10 Feb 2020RentedNew contract
AED 130,000/yr12 months · AED 77 per sqft
11 Dec 2019SoldReady
AED 2,017,419AED 1,202 per sqft
25 Mar 2009Sold by developerOff-plan
AED 3,700,585AED 2,206 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 12 March 2025.

Key facts

Type
2-bed apartment
Size
1,677 sqft
Floor
12th of 12
Parking
2486
Developer
Zabeel Investments
Completed
2009
Service charge
AED 29,200 /yr
Last sold
AED 2.02M · December 2019

About 1206, Tiara - Tanzanite

1206 is a two-bedroom apartment of 1,677 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 11 December 2019 for AED 2,017,419, or AED 1,202 per sqft, 13% below the AED 1,386 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, renewed on 12 March 2025, is AED 200,000 a year: a gross yield of 9.9% on the 2019 price, before the service charge of about AED 29,200 a year.

Sales and rents for 1206 over time

Sales
Unit 1206, each saleTypical two-bed in Tiara - Tanzanite
2M4M2009201420192024Typical sale price by year: 2009 AED 3,052,900; 2011 AED 2,785,200; 2012 AED 2,710,000; 2013 AED 2,922,278; 2016 AED 3,019,467; 2019 AED 2,325,000; 2021 AED 2,205,000; 2022 AED 3,700,000; 2023 AED 4,200,000; 2025 AED 4,250,000Sold by developer, March 2009: AED 3,700,585 (AED 2,206 per sqft)Sold, December 2019: AED 2,017,419 (AED 1,202 per sqft)

1206 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1206, each contractTypical two-bed in Tiara - Tanzanite
150K200K2013201720212025Typical rent by year: 2013 AED 200,000; 2014 AED 200,000; 2015 AED 200,000; 2016 AED 187,463; 2017 AED 180,000; 2018 AED 182,500; 2019 AED 165,000; 2020 AED 143,125; 2021 AED 142,500; 2022 AED 175,000; 2023 AED 170,000; 2024 AED 185,000; 2025 AED 230,000New contract, February 2020: AED 130,000 a yearNew contract, March 2021: AED 130,000 a yearRenewal, March 2023: AED 165,000 a yearRenewal, March 2024: AED 180,000 a yearRenewal, March 2025: AED 200,000 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 - Tanzanite, and where 1206 sits

All 29 2-beds →

1206 last sold in December 2019 at AED 1,202 per sqft, 13% below what two-beds in Tiara - Tanzanite were fetching at the time (AED 1,386). Over the last 12 months two-beds sold for AED 5,750,000 to 6,300,000, around AED 3,592 per sqft, and rent for AED 290,000 to 290,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
5 Feb 20266,300,000
5 Jan 20265,750,000
11 Jun 20254,100,000
26 May 20255,000,000
2 2-bed sales in the last 12 months

Tiara - Tanzanite

Building

79 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%
Tiara - Tanzanite, Palm Jumeirah: prices, sales and rents →

Other units on the 12th floor

All 79 units in Tiara - Tanzanite
Value
12012-bedAED 3.5M · Jul 2013
12023-bedAED 5.1M · Mar 2014
12031-bedAED 1.72M · Sep 2018
12041-bedAED 2.85M · Nov 2017
12053-bedAED 2.75M · Dec 2024

1206, Tiara - Tanzanite in numbers

  • Sold twice: first on 25 March 2009 for AED 3,700,585, last on 11 December 2019 for AED 2,017,419 (AED 1,202 per sqft).
  • Rented since February 2020 on 5 Ejari contracts, from AED 130,000 to AED 200,000 a year.
  • At AED 200,000 a year the gross yield on the 2019 price is 9.9%, before a service charge of about AED 29,200 a year (AED 17.41 per sqft).
  • Two-beds in Tiara - Tanzanite sold for AED 5,750,000–6,300,000 in the 12 months to November 2026; the building's median across all types is AED 3,428 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 12 March 2025.

Questions about 1206, Tiara - Tanzanite

What did unit 1206 last sell for?

AED 2,017,419 on 11 December 2019: AED 1,202 per sqft for 1,677 sqft. The unit has 2 registered sales; the first was AED 3,700,585 in March 2009.

What is the rent for unit 1206?

AED 200,000 a year on the contract renewed on 12 March 2025. The previous contract, from March 2024, was AED 180,000; the unit has been rented since February 2020.

How big is unit 1206?

1,677 sqft (155.8 sqm): a two-bedroom apartment on the 12th floor of a 12-storey tower completed in 2009.

What is unit 1206 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Tiara - Tanzanite sold for AED 5,750,000 to 6,300,000 in the last 12 months, around AED 3,592 per sqft.

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Mortgage on 1206, Tiara - Tanzanite

Starts from the last sale price (AED 2.02M, 11 December 2019). Switch to today's estimate once you have unlocked it.
Price
AED 2,017,419
Deposit, UAE resident (20%)
AED 403,484
Deposit, non-resident (40%)
AED 806,968
Monthly over 25 years at 3.7%
AED 8,254

Plus AED 89,742 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →