PropertyIndex

Tiara Residence

Completed · Q4 2009|647 units · 7 towers · 2 podiums

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Tiara Residence is a completed apartment development by ZABEEL INVESTMENTS (L.L.C) in Palm Jumeirah, comprising 647 registered units. 1,323 sales are registered with the Dubai Land Department, at a current PIX© price of AED 3,146 per sqft. At AED 3,146 per sqft, Tiara Residence prices 20% below the Palm Jumeirah average of AED 3,918 per sqft on registered sales.

PIX© price · 2.5% YoY
5.99MAED
Typical
3,146AED
PSF
Gross yield
4.2%
PIX© rent ÷ PIX© price
Sale records
1,323
DLD · all time
Rent contracts
5,528
Ejari · all time
Tiara Residence

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
1,296 – 811,479 sqft
6475.99M3,1462.5%253K4.2%
Residential
1 Bed · Apartment
1,296 – 1,869 sqft
238
2 Bed · Apartment
1,677 – 2,414 sqft
210
3 Bed · Apartment
2,265 – 2,392 sqft
182
4 Bed · Apartment
5,217 – 5,249 sqft
14
Villa (Bedrooms Unknown)
561,764 sqft
Hospitality
Studio · Hotel Room
811,479 sqft
1
Commercial
Shop
18,833 sqft
2
Sales — Project-Wide1,323 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Tower Analysis
last 24 months
All towers · 69 sales
Aquamarine · 16 sales
Diamond · 15 sales
Tanzanite · 14 sales
Emerald · 17 sales
Latest transactions
DateUnitPositionSizePricePSFvs Prior SaleTierType
1 Jul 20263 BedAquamarine · Floor 62,26610,000,0004,413+33.3%StandardStandard Sale
25 Jun 20262 BedDiamond · Floor D1,6773,000,0001,789Entry LevelStandard Sale
22 May 20261 BedDiamond · Floor 41,2964,400,0003,395+15.8%PremiumStandard Sale
Rentals — Project-Wide5,528 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Tower & Floor Analysis
last 24 months
All towers · 605 rentals
Floors 1-3 · 140 rentals
Floor 4 · 55 rentals
Floors 5-6 · 103 rentals
Floors 7-12 · 307 rentals
Diamond · 57 rentals
Floors 1-3
Floor 4
Floors 5-6 · 16 rentals
Floors 7-12 · 30 rentals
Aquamarine · 63 rentals
Floors 1-3 · 14 rentals
Floor 4
Floors 5-6 · 13 rentals
Floors 7-12 · 31 rentals
Emerald · 64 rentals
Floors 1-3 · 20 rentals
Floor 4
Floors 5-6 · 8 rentals
Floors 7-12 · 29 rentals
Ruby · 77 rentals
Floors 1-3 · 16 rentals
Floor 4
Floors 5-6 · 11 rentals
Floors 7-12 · 44 rentals
Sapphire · 134 rentals
Floors 1-3 · 35 rentals
Floor 4 · 11 rentals
Floors 5-6 · 24 rentals
Floors 7-12 · 64 rentals
Amber · 132 rentals
Floors 1-3 · 34 rentals
Floor 4 · 12 rentals
Floors 5-6 · 21 rentals
Floors 7-12 · 65 rentals
Tanzanite · 78 rentals
Floors 1-3 · 16 rentals
Floor 4 · 8 rentals
Floors 5-6 · 10 rentals
Floors 7-12 · 44 rentals
Latest contracts
Start DateUnitPositionSizeRent / YrRent PSFvs Prior RentTierType
16 Oct 20262 Bed1,677320,000191Premiumrenewal
17 Aug 20261 BedSapphire · Floor 111,296170,0001310.0%Standardnew
15 Aug 20263 BedRuby · Floor 62,266490,000216-6.2%Premiumnew

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Palm Jumeirah

The closest-priced registered projects in Palm Jumeirah.

Common questions about Tiara Residence

Answered from Dubai Land Department registered transactions.

How much does a property in Tiara Residence cost?

Property in Tiara Residence sells at a current PIX© price of AED 3,146 per sqft, or about AED 5,988,242 for a typical unit, based on 1,323 sales registered with the Dubai Land Department.

Is Tiara Residence completed?

Yes. Tiara Residence is recorded as completed in the Dubai Land Department project register (completed q4 2009).

Who is the developer of Tiara Residence?

Tiara Residence is developed by ZABEEL INVESTMENTS (L.L.C), the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Tiara Residence?

Tiara Residence yields 4.2% gross, calculated from current PIX© rent against current PIX© sale price, across 5,528 registered Ejari contracts.

How many units are in Tiara Residence?

Tiara Residence holds 647 registered units across 7 towers, per the Dubai Land Department unit register.

Have prices in Tiara Residence gone up or down?

Price per sqft has fallen -2.5% over the last 12 months, to AED 3,146, across 1,323 registered sales.