2,266 sqftTiara - Tanzanite, Palm Jumeirah · 3rd floor · completed 2009

302, Tiara - Tanzanite

Sold prices and rental history: sold twice, last in June 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 302 · DLD and Ejari recordsUpdated 12 June 2023
Last soldAED 4.2M12 June 2023
Current rentAED 165K /yr15 July 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 302, Tiara - Tanzanite

What is 302 worth today?

Last sold for AED 4,200,000 in 2023

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12 Jun 2023SoldReady
AED 4,200,000AED 1,853 per sqft
15 Jul 2021RentedRenewal
AED 165,000/yr12 months · AED 73 per sqft
2 Oct 2019RentedRenewal
AED 190,000/yr12 months · AED 84 per sqft
6 Sep 2018RentedNew contract
AED 186,529/yr13 months · AED 82 per sqft
15 Aug 2017RentedRenewal
AED 230,000/yr12 months · AED 101 per sqft
15 Aug 2016RentedRenewal
AED 235,000/yr12 months · AED 103 per sqft
15 Aug 2015RentedRenewal
AED 250,000/yr12 months · AED 110 per sqft
21 Jan 2013Sold by developerReady
AED 3,555,555AED 1,569 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 12 June 2023.

Key facts

Type
Apartment
Size
2,266 sqft
Floor
3rd of 12
Parking
P1-1366, P1-1367
Developer
Zabeel Investments
Completed
2009
Service charge
AED 39,500 /yr
Last sold
AED 4.2M · June 2023

About 302, Tiara - Tanzanite

302 is an apartment of 2,266 sqft on the 3rd floor of Tiara - Tanzanite, a 12-storey tower in Palm Jumeirah completed in 2009 by Zabeel Investments. It last sold on 12 June 2023 for AED 4,200,000, or AED 1,853 per sqft.

It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, renewed on 15 July 2021, is AED 165,000 a year: a gross yield of 3.9% on the 2023 price, before the service charge of about AED 39,500 a year.

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 3rd floor

All 79 units in Tiara - Tanzanite
Value
3012-bedAED 2.45M · Jul 2011
3031-bedAED 2.9M · Nov 2023
3041-bedAED 3.15M · May 2014
3053-bedAED 4.44M · Jan 2011
3062-bedAED 4.2M · Oct 2023

302, Tiara - Tanzanite in numbers

  • Sold twice: first on 21 January 2013 for AED 3,555,555, last on 12 June 2023 for AED 4,200,000 (AED 1,853 per sqft).
  • Rented since August 2015 on 6 Ejari contracts, from AED 250,000 to AED 165,000 a year.
  • At AED 165,000 a year the gross yield on the 2023 price is 3.9%, 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 12 June 2023.

Questions about 302, Tiara - Tanzanite

What did unit 302 last sell for?

AED 4,200,000 on 12 June 2023: AED 1,853 per sqft for 2,266 sqft. The unit has 2 registered sales; the first was AED 3,555,555 in January 2013.

What is the rent for unit 302?

AED 165,000 a year on the contract renewed on 15 July 2021. The previous contract, from October 2019, was AED 190,000; the unit has been rented since August 2015.

How big is unit 302?

2,266 sqft (210.5 sqm): an apartment on the 3rd floor of a 12-storey tower completed in 2009.

What is unit 302 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 302, Tiara - Tanzanite

Starts from the last sale price (AED 4.2M, 12 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 4,200,000
Deposit, UAE resident (20%)
AED 840,000
Deposit, non-resident (40%)
AED 1,680,000
Monthly over 25 years at 3.7%
AED 17,184

Plus AED 181,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →