701, Tiara - Tanzanite
Sold prices and rental history: sold 4 times, last in April 2022, 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 701, Tiara - Tanzanite
What is 701 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 1 July 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,677 sqft
- Floor
- 7th of 12
- Parking
- 1361
- Developer
- Zabeel Investments
- Completed
- 2009
- Service charge
- AED 29,200 /yr
- Last sold
- AED 3.7M · April 2022
- Building
- Tiara - Tanzanite
About 701, Tiara - Tanzanite
701 is a two-bedroom apartment of 1,677 sqft on the 7th floor of Tiara - Tanzanite, a 12-storey tower in Palm Jumeirah completed in 2009 by Zabeel Investments. It last sold on 18 April 2022 for AED 3,700,000, or AED 2,206 per sqft, 68% above the AED 1,314 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, renewed on 1 July 2025, is AED 240,000 a year: a gross yield of 6.5% on the 2022 price, before the service charge of about AED 29,200 a year.
Sales and rents for 701 over time
701 has sold 4 times; 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 - Tanzanite, and where 701 sits
All 29 2-beds →701 last sold in April 2022 at AED 2,206 per sqft, 68% above what two-beds in Tiara - Tanzanite were fetching at the time (AED 1,314). 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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 5 Feb 20265 February 2026 | 1,677 sqft | 6,300,000 | 3,756 | ||
| 5 Jan 20265 January 2026 | 1,677 sqft | 5,750,000 | 3,428 | ||
| 11 Jun 202511 June 2025 | 1,677 sqft | 4,100,000 | 2,444 | ||
| 26 May 202526 May 2025 | 1,677 sqft | 5,000,000 | 2,981 |
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 7th floor
All 79 units in Tiara - Tanzanite| ValueToday's value | |||||
|---|---|---|---|---|---|
| 702 | 3-bed | 2,266 sqft | AED 4.8MAED 4,795,385 · Mar 2012March 2012 | 189,969 /yr | |
| 703 | 1-bed | 1,299 sqft | AED 1.94MAED 1,940,000 · Sep 2016September 2016 | 200,000 /yr | |
| 704 | 1-bed | 1,296 sqft | AED 2.18MAED 2,175,000 · Oct 2021October 2021 | 98,419 /yr | |
| 705 | 3-bed | 2,392 sqft | AED 5MAED 5,000,000 · Jan 2019January 2019 | ||
| 706 | 2-bed | 1,677 sqft | AED 3.9MAED 3,900,000 · May 2023May 2023 | 150,000 /yr |
701, Tiara - Tanzanite in numbers
- Sold 4 times: first on 1 March 2009 for AED 3,011,700, last on 18 April 2022 for AED 3,700,000 (AED 2,206 per sqft).
- Rented since October 2013 on 4 Ejari contracts, from AED 200,000 to AED 240,000 a year.
- At AED 240,000 a year the gross yield on the 2022 price is 6.5%, 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 1 July 2025.
Questions about 701, Tiara - Tanzanite
What did unit 701 last sell for?
AED 3,700,000 on 18 April 2022: AED 2,206 per sqft for 1,677 sqft. The unit has 4 registered sales; the first was AED 3,011,700 in March 2009.
What is the rent for unit 701?
AED 240,000 a year on the contract renewed on 1 July 2025. The previous contract, from July 2023, was AED 240,000; the unit has been rented since October 2013.
How big is unit 701?
1,677 sqft (155.8 sqm): a two-bedroom apartment on the 7th floor of a 12-storey tower completed in 2009.
What is unit 701 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 701, Tiara - Tanzanite
Starts from the last sale price (AED 3.7M, 18 April 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 3,700,000
- Deposit, UAE resident (20%)
- AED 740,000
- Deposit, non-resident (40%)
- AED 1,480,000
- Monthly over 25 years at 3.7%
- AED 15,138
Plus AED 160,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →