2-bed · 854 sqftGreen Diamond 1B, Arjan · 3rd floor · completed 2018

B-302, Green Diamond 1B

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

Unit B-302 · DLD and Ejari recordsUpdated 1 April 2022
Last soldAED 819K22 July 2019
Current rentAED 88K /yr1 April 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B-302, Green Diamond 1B

What is B-302 worth today?

Last sold for AED 819,434 in 2019

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1 Apr 2022RentedNew contract
AED 87,600/yr12 months · AED 103 per sqft
1 Jan 2021RentedRenewal
AED 65,000/yr14 months · AED 76 per sqft
15 Oct 2019RentedNew contract
AED 65,000/yr15 months · AED 76 per sqft
22 Jul 2019Sold by developerReady
AED 819,434AED 959 per sqft

Source: Dubai Land Department. Updated 1 April 2022.

Key facts

Type
2-bed apartment
Size
854 sqft
Floor
3rd of 7
Parking
G-159
Developer
Diamond Developers
Completed
2018
Service charge
AED 10,600 /yr
Last sold
AED 819K · July 2019

About B-302, Green Diamond 1B

B-302 is a two-bedroom apartment of 854 sqft on the 3rd floor of Green Diamond 1B, a 7-storey tower in Arjan completed in 2018 by Diamond Developers. The developer sold it on 22 July 2019 for AED 819,434, or AED 959 per sqft, 10% above the AED 868 two-beds in the building were fetching at the time.

It has been rented since 2019 on 3 Ejari contracts. The current contract, signed on 1 April 2022, is AED 87,600 a year: a gross yield of 10.7% on the 2019 price, before the service charge of about AED 10,600 a year.

Sales and rents for B-302 over time

Sales
Unit B-302, each saleTypical two-bed in Green Diamond 1B
800K2017202020232026Typical sale price by year: 2017 AED 675,027; 2018 AED 721,941; 2019 AED 750,000; 2020 AED 704,645; 2023 AED 750,000; 2024 AED 825,000; 2025 AED 950,000; 2026 AED 927,500Sold by developer, July 2019: AED 819,434 (AED 959 per sqft)

B-302 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit B-302, each contractTypical two-bed in Green Diamond 1B
40K60K80K2018202120242027Typical rent by year: 2018 AED 65,000; 2019 AED 61,000; 2020 AED 50,000; 2021 AED 45,000; 2022 AED 50,375; 2023 AED 57,000; 2024 AED 73,000; 2025 AED 78,100; 2026 AED 76,000New contract, October 2019: AED 65,000 a yearRenewal, January 2021: AED 65,000 a yearNew contract, April 2022: AED 87,600 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 1B, and where B-302 sits

All 78 2-beds →

B-302 last sold in July 2019 at AED 959 per sqft, 10% above what two-beds in Green Diamond 1B were fetching at the time (AED 868). Over the last 12 months two-beds sold for AED 554,943 to 1,000,000, around AED 1,073 per sqft, and rent for AED 52,754 to 132,000 a year. B-302's AED 87,600 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
21 Sep 2026925,000
25 Aug 2026975,000
3 Jul 20261,000,000
11 Jun 2026930,000
6 2-bed sales in the last 12 months

Green Diamond 1B

Building

96 apartments, 2-bed to 3-bed over 7 floors in Arjan, completed in 2018 by Diamond Developers. 9 sold in the last 12 months.

Typical price per sqft
AED 1,083
Typical sale
AED 975K
Typical rent
AED 78K /yr
Typical yield
8.3%
Green Diamond 1B, Arjan: prices, sales and rents →

Other units on the 3rd floor

All 96 units in Green Diamond 1B
Value
B-3012-bedAED 819K · Jul 2019
B-3033-bedAED 1.06M · Jul 2019
B-3042-bedAED 747K · Jul 2019
B-3052-bedAED 777K · Jul 2019
B-3062-bedAED 778K · Jul 2019
B-3072-bedAED 773K · Jul 2019
B-3082-bedAED 779K · Jul 2019
1–7 of 13

B-302, Green Diamond 1B in numbers

  • Sold once: by Diamond Developers on 22 July 2019 for AED 819,434, or AED 959 per sqft.
  • Rented since October 2019 on 3 Ejari contracts, from AED 65,000 to AED 87,600 a year.
  • At AED 87,600 a year the gross yield on the 2019 price is 10.7%, before a service charge of about AED 10,600 a year (AED 12.36 per sqft).
  • Two-beds in Green Diamond 1B sold for AED 554,943–1,000,000 in the 12 months to November 2026; the building's median across all types is AED 1,083 per sqft.

Source: Dubai Land Department. Updated 1 April 2022.

Questions about B-302, Green Diamond 1B

What did unit B-302 last sell for?

AED 819,434 on 22 July 2019, sold by the developer: AED 959 per sqft for 854 sqft. It is the only registered sale of the unit.

What is the rent for unit B-302?

AED 87,600 a year on the contract signed on 1 April 2022. The previous contract, from January 2021, was AED 65,000; the unit has been rented since October 2019.

How big is unit B-302?

854 sqft (79.3 sqm): a two-bedroom apartment on the 3rd floor of a 7-storey tower completed in 2018.

What is unit B-302 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 1B sold for AED 554,943 to 1,000,000 in the last 12 months, around AED 1,073 per sqft.

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Mortgage on B-302, Green Diamond 1B

Starts from the last sale price (AED 819K, 22 July 2019). Switch to today's estimate once you have unlocked it.
Price
AED 819,434
Deposit, UAE resident (20%)
AED 163,887
Deposit, non-resident (40%)
AED 327,774
Monthly over 25 years at 3.7%
AED 3,353

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