Tiara Residences - Sold Prices - Market Trends
Tiara Residences : Sold Prices and Market Trends
Author: Gareth Davies - Award Winning Property Consultant
During the past 12 months, Tiara Residences has performed better than the average community at Palm Jumeirah with a 19.13% increase in the average price in terms of AED/square foot. There was negative growth during May, June and October but a recovery since then with a 6% increase during the last 2 months.
The volume of sales during 2025 and 2024 has been less than that of 2023 due to a shortage of vacant on transfer apartments to match the demand from those buyers looking to purchase their next home.
Graph: Palm Jumeirah : Sold Price Growth (AED/sq.ft)
Source: Property Monitor
Graph: Tiara Residences : Sold Price Growth (AED/sq.ft)
Source: PropertyMonitor.ae
Sold Prices at Tiara Residences
Vacant apartments are achieving from 5% to 15% more than rented apartments because most of the buyers who want to purchase and occupy Palm apartments are not prepared to wait 12 months after Notices to Evict are served on existing tenants.
Source: PropertyMonitor.ae
Source: PropertyMonitor.ae
Source: PropertyMonitor.ae
Ready to Find Your Dream Property in Dubai?
Get Expert Guidance & Personalized Investment Advice
Connect with me directly on WhatsApp for:
To know more about the current market, the selling & renting figure of your properties, please contact us via the form below or click the WhatsApp logo.
