2-bed · 856 sqftGreen Diamond 1A, Arjan · 4th floor · completed 2018

A-408, Green Diamond 1A

Sold prices and rental history: sold twice, last in September 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A-408 · DLD and Ejari recordsUpdated 30 September 2024
Last soldAED 900K30 September 2024
Current rentAED 58K /yr1 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A-408, Green Diamond 1A

What is A-408 worth today?

Last sold for AED 900,000 in 2024

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30 Sep 2024SoldReady
AED 900,000AED 1,051 per sqft
1 Feb 2023RentedNew contract
AED 58,000/yr12 months · AED 68 per sqft
1 Feb 2022RentedRenewal
AED 50,400/yr12 months · AED 59 per sqft
1 Feb 2021RentedRenewal
AED 48,000/yr12 months · AED 56 per sqft
1 Feb 2020RentedRenewal
AED 66,000/yr12 months · AED 78 per sqft
1 Feb 2019RentedNew contract
AED 66,000/yr12 months · AED 78 per sqft
24 Dec 2018Sold by developerReady
AED 680,000AED 794 per sqft

Source: Dubai Land Department. Updated 30 September 2024.

Key facts

Type
2-bed apartment
Size
856 sqft
Floor
4th of 7
Parking
G-063
Developer
Diamond Developers
Completed
2018
Service charge
AED 10,600 /yr
Last sold
AED 900K · September 2024

About A-408, Green Diamond 1A

A-408 is a two-bedroom apartment of 856 sqft on the 4th floor of Green Diamond 1A, a 7-storey tower in Arjan completed in 2018 by Diamond Developers. It last sold on 30 September 2024 for AED 900,000, or AED 1,051 per sqft, 6% above the AED 993 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 1 February 2023, is AED 58,000 a year: a gross yield of 6.4% on the 2024 price, before the service charge of about AED 10,600 a year.

Sales and rents for A-408 over time

Sales
Unit A-408, each saleTypical two-bed in Green Diamond 1A
600K800K1M2017202020232026Typical sale price by year: 2017 AED 682,295; 2018 AED 715,000; 2019 AED 741,500; 2020 AED 635,000; 2021 AED 650,000; 2022 AED 620,000; 2023 AED 760,000; 2024 AED 900,000; 2025 AED 950,000; 2026 AED 1,020,000Sold by developer, December 2018: AED 680,000 (AED 794 per sqft)Sold, September 2024: AED 900,000 (AED 1,051 per sqft)

A-408 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit A-408, each contractTypical two-bed in Green Diamond 1A
40K60K80K2018202120242027Typical rent by year: 2018 AED 61,250; 2019 AED 60,000; 2020 AED 50,000; 2021 AED 45,000; 2022 AED 50,000; 2023 AED 56,050; 2024 AED 70,000; 2025 AED 77,174; 2026 AED 80,000New contract, February 2019: AED 66,000 a yearRenewal, February 2020: AED 66,000 a yearRenewal, February 2021: AED 48,000 a yearRenewal, February 2022: AED 50,400 a yearNew contract, February 2023: AED 58,000 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 Green Diamond 1A, and where A-408 sits

All 78 2-beds →

A-408 last sold in September 2024 at AED 1,051 per sqft, 6% above what two-beds in Green Diamond 1A were fetching at the time (AED 993). Over the last 12 months two-beds sold for AED 900,000 to 1,040,000, around AED 1,132 per sqft, and rent for AED 50,400 to 135,000 a year. A-408's AED 58,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
21 Oct 2026900,000
6 Apr 20261,040,000
23 Mar 20261,025,000
10 Feb 20261,020,000
6 2-bed sales in the last 12 months

Green Diamond 1A

Building

97 apartments, 2-bed to 3-bed over 7 floors in Arjan, completed in 2018 by Diamond Developers. 8 sold in the last 12 months.

Typical price per sqft
AED 1,132
Typical sale
AED 1.02M
Typical rent
AED 80K /yr
Typical yield
7.9%
Green Diamond 1A, Arjan: prices, sales and rents →

Other units on the 4th floor

All 97 units in Green Diamond 1A
Value
A-4012-bedAED 798K · Nov 2018
A-4022-bedAED 810K · Jul 2024
A-4033-bedAED 750K · Aug 2023
A-4042-bedAED 680K · Aug 2017
A-4052-bedAED 770K · May 2024
A-4062-bedAED 880K · Sep 2024
A-4072-bedAED 798K · Aug 2019
1–7 of 13

A-408, Green Diamond 1A in numbers

  • Sold twice: first on 24 December 2018 for AED 680,000, last on 30 September 2024 for AED 900,000 (AED 1,051 per sqft).
  • Rented since February 2019 on 5 Ejari contracts. The rent fell from AED 66,000 to AED 48,000 in 2021 and recovered to AED 58,000 by February 2023.
  • At AED 58,000 a year the gross yield on the 2024 price is 6.4%, before a service charge of about AED 10,600 a year (AED 12.36 per sqft).
  • Two-beds in Green Diamond 1A sold for AED 900,000–1,040,000 in the 12 months to November 2026; the building's median across all types is AED 1,132 per sqft.

Source: Dubai Land Department. Updated 30 September 2024.

Questions about A-408, Green Diamond 1A

What did unit A-408 last sell for?

AED 900,000 on 30 September 2024: AED 1,051 per sqft for 856 sqft. The unit has 2 registered sales; the first was AED 680,000 in December 2018.

What is the rent for unit A-408?

AED 58,000 a year on the contract signed on 1 February 2023. The previous contract, from February 2022, was AED 50,400; the unit has been rented since February 2019.

How big is unit A-408?

856 sqft (79.5 sqm): a two-bedroom apartment on the 4th floor of a 7-storey tower completed in 2018.

What is unit A-408 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Green Diamond 1A sold for AED 900,000 to 1,040,000 in the last 12 months, around AED 1,132 per sqft.

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Mortgage on A-408, Green Diamond 1A

Starts from the last sale price (AED 900K, 30 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 900,000
Deposit, UAE resident (20%)
AED 180,000
Deposit, non-resident (40%)
AED 360,000
Monthly over 25 years at 3.7%
AED 3,682

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →