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2-bed · 834 sqftGreen Diamond 1A, Arjan · 5th floor · completed 2018

A-504, Green Diamond 1A

Sold prices and rental history: sold once, by the developer in May 2019, and rented once, from May 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A-504 · DLD and Ejari recordsUpdated 1 May 2020
Last soldAED 735K16 May 2019
Current rentAED 54K /yr1 May 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for A-504, Green Diamond 1A

What is A-504 worth today?

Last sold for AED 735,000 in 2019

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1 May 2020RentedNew contract
AED 54,000/yr12 months · AED 64 per sqft
16 May 2019Sold by developerReady
AED 735,000AED 880 per sqft

Source: Dubai Land Department. Updated 1 May 2020.

Key facts

Type
2-bed apartment
Size
834 sqft
Floor
5th of 7
Parking
G-055
Developer
Diamond Developers
Completed
2018
Service charge
AED 10,300 /yr
Last sold
AED 735K · May 2019
Building
Green Diamond 1A

About A-504, Green Diamond 1A

A-504 is a two-bedroom apartment of 834 sqft on the 5th floor of Green Diamond 1A, a 7-storey tower in Arjan completed in 2018 by Diamond Developers. The developer sold it on 16 May 2019 for AED 735,000, or AED 880 per sqft, 4% above the AED 843 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 May 2020. The current contract, signed on 1 May 2020, is AED 54,000 a year: a gross yield of 7.3% on the 2019 price, before the service charge of about AED 10,300 a year.

Sales and rents for A-504 over time

Sales
Unit A-504, 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, May 2019: AED 735,000 (AED 880 per sqft)

A-504 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit A-504, 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, May 2020: AED 54,000 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-504 sits

All 78 2-beds →

A-504 last sold in May 2019 at AED 880 per sqft, 4% above what two-beds in Green Diamond 1A were fetching at the time (AED 843). 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-504's AED 54,000 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 5th floor

All 97 units in Green Diamond 1A
Value
A-5012-bedAED 802K · Nov 2018
A-5022-bedAED 640K · Nov 2020
A-5033-bedAED 920K · Aug 2018
A-5052-bedAED 910K · May 2025
A-5062-bedAED 425K · Dec 2018
A-5072-bedAED 780K · Mar 2019
A-5082-bedAED 835K · Dec 2023
1–7 of 13

A-504, Green Diamond 1A in numbers

  • Sold once: by Diamond Developers on 16 May 2019 for AED 735,000, or AED 880 per sqft.
  • Rented since May 2020 on one Ejari contract, at AED 54,000 a year.
  • At AED 54,000 a year the gross yield on the 2019 price is 7.3%, before a service charge of about AED 10,300 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 1 May 2020.

Questions about A-504, Green Diamond 1A

What did unit A-504 last sell for?

AED 735,000 on 16 May 2019, sold by the developer: AED 880 per sqft for 834 sqft. It is the only registered sale of the unit.

What is the rent for unit A-504?

AED 54,000 a year on the contract signed on 1 May 2020.

How big is unit A-504?

834 sqft (77.5 sqm): a two-bedroom apartment on the 5th floor of a 7-storey tower completed in 2018.

What is unit A-504 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-504, Green Diamond 1A

Starts from the last sale price (AED 735K, 16 May 2019). Switch to today's estimate once you have unlocked it.
Price
AED 735,000
Deposit, UAE resident (20%)
AED 147,000
Deposit, non-resident (40%)
AED 294,000
Monthly over 25 years at 3.7%
AED 3,007

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