2-bed · 856 sqftGreen Diamond 1A, Arjan · 5th floor · completed 2018

A-508, Green Diamond 1A

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

Unit A-508 · DLD and Ejari recordsUpdated 4 January 2025
Last soldAED 835K12 December 2023
Current rentAED 85K /yr4 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A-508, Green Diamond 1A

What is A-508 worth today?

Last sold for AED 835,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

4 Jan 2025RentedRenewal
AED 84,545/yr6 months · AED 99 per sqft
4 Jan 2025RentedRenewal
AED 84,545/yr6 months · AED 99 per sqft
4 Sep 2024RentedNew contract
AED 84,999/yr4 months · AED 99 per sqft
12 Dec 2023SoldReady
AED 835,000AED 976 per sqft
5 Sep 2023RentedNew contract
AED 85,000/yr12 months · AED 99 per sqft
5 Sep 2018Sold by developerReady
AED 736,598AED 860 per sqft

Source: Dubai Land Department. Updated 4 January 2025.

Key facts

Type
2-bed apartment
Size
856 sqft
Floor
5th of 7
Parking
G-062
Developer
Diamond Developers
Completed
2018
Service charge
AED 10,600 /yr
Last sold
AED 835K · December 2023

About A-508, Green Diamond 1A

A-508 is a two-bedroom apartment of 856 sqft on the 5th floor of Green Diamond 1A, a 7-storey tower in Arjan completed in 2018 by Diamond Developers. It last sold on 12 December 2023 for AED 835,000, or AED 976 per sqft, 13% above the AED 864 two-beds in the building were fetching at the time.

It has been rented continuously since 2023 on 4 Ejari contracts. The current contract, renewed on 4 January 2025, is AED 84,545 a year: a gross yield of 10.1% on the 2023 price, before the service charge of about AED 10,600 a year.

Sales and rents for A-508 over time

Sales
Unit A-508, 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, September 2018: AED 736,598 (AED 860 per sqft)Sold, December 2023: AED 835,000 (AED 976 per sqft)

A-508 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit A-508, 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, September 2023: AED 85,000 a yearNew contract, September 2024: AED 84,999 a yearRenewal, January 2025: AED 84,545 a yearRenewal, January 2025: AED 84,545 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-508 sits

All 78 2-beds →

A-508 last sold in December 2023 at AED 976 per sqft, 13% above what two-beds in Green Diamond 1A were fetching at the time (AED 864). 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-508's AED 84,545 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-5042-bedAED 735K · May 2019
A-5052-bedAED 910K · May 2025
A-5062-bedAED 425K · Dec 2018
A-5072-bedAED 780K · Mar 2019
1–7 of 13

A-508, Green Diamond 1A in numbers

  • Sold twice: first on 5 September 2018 for AED 736,598, last on 12 December 2023 for AED 835,000 (AED 976 per sqft).
  • Rented since September 2023 on 4 Ejari contracts, from AED 85,000 to AED 84,545 a year.
  • At AED 84,545 a year the gross yield on the 2023 price is 10.1%, 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 4 January 2025.

Questions about A-508, Green Diamond 1A

What did unit A-508 last sell for?

AED 835,000 on 12 December 2023: AED 976 per sqft for 856 sqft. The unit has 2 registered sales; the first was AED 736,598 in September 2018.

What is the rent for unit A-508?

AED 84,545 a year on the contract renewed on 4 January 2025. The previous contract, from January 2025, was AED 84,545; the unit has been rented since September 2023.

How big is unit A-508?

856 sqft (79.5 sqm): a two-bedroom apartment on the 5th floor of a 7-storey tower completed in 2018.

What is unit A-508 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.

Selling A-508? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on A-508, Green Diamond 1A

Starts from the last sale price (AED 835K, 12 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 835,000
Deposit, UAE resident (20%)
AED 167,000
Deposit, non-resident (40%)
AED 334,000
Monthly over 25 years at 3.7%
AED 3,416

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