2-bed · 856 sqftGreen Diamond 1B, Arjan · 3rd floor · completed 2018

B-308, Green Diamond 1B

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

Unit B-308 · DLD and Ejari recordsUpdated 17 December 2024
Last soldAED 779K22 July 2019
Current rentAED 123K /yr17 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B-308, Green Diamond 1B

What is B-308 worth today?

Last sold for AED 778,518 in 2019

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17 Dec 2024RentedNew contract
AED 123,000/yr12 months · AED 144 per sqft
17 Dec 2024RentedNew contract
AED 123,000/yr12 months · AED 144 per sqft
16 Apr 2022RentedNew contract
AED 88,800/yr12 months · AED 104 per sqft
22 Jul 2019Sold by developerReady
AED 778,518AED 909 per sqft
15 Jan 2019RentedNew contract
AED 65,000/yr12 months · AED 76 per sqft

Source: Dubai Land Department. Updated 17 December 2024.

Key facts

Type
2-bed apartment
Size
856 sqft
Floor
3rd of 7
Parking
G-162
Developer
Diamond Developers
Completed
2018
Service charge
AED 10,600 /yr
Last sold
AED 779K · July 2019

About B-308, Green Diamond 1B

B-308 is a two-bedroom apartment of 856 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 778,518, or AED 909 per sqft, 5% above the AED 868 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 17 December 2024, is AED 123,000 a year: a gross yield of 15.8% on the 2019 price, before the service charge of about AED 10,600 a year.

Sales and rents for B-308 over time

Sales
Unit B-308, 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 778,518 (AED 909 per sqft)

B-308 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit B-308, each contractTypical two-bed in Green Diamond 1B
50K100K2018202120242027Typical 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, January 2019: AED 65,000 a yearNew contract, April 2022: AED 88,800 a yearNew contract, December 2024: AED 123,000 a yearNew contract, December 2024: AED 123,000 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 1B, and where B-308 sits

All 78 2-beds →

B-308 last sold in July 2019 at AED 909 per sqft, 5% 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-308's AED 123,000 is in the upper 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-3022-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
1–7 of 13

B-308, Green Diamond 1B in numbers

  • Sold once: by Diamond Developers on 22 July 2019 for AED 778,518, or AED 909 per sqft.
  • Rented since January 2019 on 4 Ejari contracts, from AED 65,000 to AED 123,000 a year.
  • At AED 123,000 a year the gross yield on the 2019 price is 15.8%, 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 17 December 2024.

Questions about B-308, Green Diamond 1B

What did unit B-308 last sell for?

AED 778,518 on 22 July 2019, sold by the developer: AED 909 per sqft for 856 sqft. It is the only registered sale of the unit.

What is the rent for unit B-308?

AED 123,000 a year on the contract signed on 17 December 2024. The previous contract, from December 2024, was AED 123,000; the unit has been rented since January 2019.

How big is unit B-308?

856 sqft (79.5 sqm): a two-bedroom apartment on the 3rd floor of a 7-storey tower completed in 2018.

What is unit B-308 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-308, Green Diamond 1B

Starts from the last sale price (AED 779K, 22 July 2019). Switch to today's estimate once you have unlocked it.
Price
AED 778,518
Deposit, UAE resident (20%)
AED 155,704
Deposit, non-resident (40%)
AED 311,407
Monthly over 25 years at 3.7%
AED 3,185

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