2-bed · 1,677 sqftTiara - Tanzanite, Palm Jumeirah · 8th floor · completed 2009

806, Tiara - Tanzanite

Sold prices and rental history: sold 4 times, last in February 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 806 · DLD and Ejari recordsUpdated 27 February 2023
Last soldAED 4.25M27 February 2023
Current rentAED 155K /yr3 January 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 806, Tiara - Tanzanite

What is 806 worth today?

Last sold for AED 4,250,000 in 2023

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27 Feb 2023SoldReady
AED 4,250,000AED 2,534 per sqft
16 Nov 2022SoldReady
AED 3,000,000AED 1,788 per sqft
3 Jan 2021RentedRenewal
AED 155,000/yr12 months · AED 92 per sqft
3 Jan 2020RentedRenewal
AED 165,000/yr12 months · AED 98 per sqft
3 Jan 2018RentedRenewal
AED 180,000/yr12 months · AED 107 per sqft
31 May 2016RentedNew contract
AED 200,000/yr12 months · AED 119 per sqft
10 Aug 2013RentedNew contract
AED 140,000/yr12 months · AED 83 per sqft
7 Apr 2011SoldReady
AED 3,052,900AED 1,820 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 27 February 2023.

Key facts

Type
2-bed apartment
Size
1,677 sqft
Floor
8th of 12
Parking
1358
Developer
Zabeel Investments
Completed
2009
Service charge
AED 29,200 /yr
Last sold
AED 4.25M · February 2023

About 806, Tiara - Tanzanite

806 is a two-bedroom apartment of 1,677 sqft on the 8th floor of Tiara - Tanzanite, a 12-storey tower in Palm Jumeirah completed in 2009 by Zabeel Investments. It last sold on 27 February 2023 for AED 4,250,000, or AED 2,534 per sqft, 15% above the AED 2,206 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, renewed on 3 January 2021, is AED 155,000 a year: a gross yield of 3.6% on the 2023 price, before the service charge of about AED 29,200 a year.

Sales and rents for 806 over time

Sales
Unit 806, each saleTypical two-bed in Tiara - Tanzanite
2M3M4M2009201420192024Typical 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 3,052,900 (AED 1,820 per sqft)Sold, April 2011: AED 3,052,900 (AED 1,820 per sqft)Sold, November 2022: AED 3,000,000 (AED 1,788 per sqft)Sold, February 2023: AED 4,250,000 (AED 2,534 per sqft)

806 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 806, 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, August 2013: AED 140,000 a yearNew contract, May 2016: AED 200,000 a yearRenewal, January 2018: AED 180,000 a yearRenewal, January 2020: AED 165,000 a yearRenewal, January 2021: AED 155,000 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 806 sits

All 29 2-beds →

806 last sold in February 2023 at AED 2,534 per sqft, 15% above what two-beds in Tiara - Tanzanite were fetching at the time (AED 2,206). 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 8th floor

All 79 units in Tiara - Tanzanite
Value
8012-bedAED 3.7M · Oct 2022
8023-bedAED 5.1M · Jun 2022
8031-bedAED 2.2M · Jul 2013
8041-bedAED 3.3M · Jan 2014
8053-bedAED 6.6M · Jun 2013

806, Tiara - Tanzanite in numbers

  • Sold 4 times: first on 1 March 2009 for AED 3,052,900, last on 27 February 2023 for AED 4,250,000 (AED 2,534 per sqft).
  • Rented since August 2013 on 5 Ejari contracts, from AED 140,000 to AED 155,000 a year.
  • At AED 155,000 a year the gross yield on the 2023 price is 3.6%, 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 27 February 2023.

Questions about 806, Tiara - Tanzanite

What did unit 806 last sell for?

AED 4,250,000 on 27 February 2023: AED 2,534 per sqft for 1,677 sqft. The unit has 4 registered sales; the first was AED 3,052,900 in March 2009.

What is the rent for unit 806?

AED 155,000 a year on the contract renewed on 3 January 2021. The previous contract, from January 2020, was AED 165,000; the unit has been rented since August 2013.

How big is unit 806?

1,677 sqft (155.8 sqm): a two-bedroom apartment on the 8th floor of a 12-storey tower completed in 2009.

What is unit 806 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 806, Tiara - Tanzanite

Starts from the last sale price (AED 4.25M, 27 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 4,250,000
Deposit, UAE resident (20%)
AED 850,000
Deposit, non-resident (40%)
AED 1,700,000
Monthly over 25 years at 3.7%
AED 17,388

Plus AED 183,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →