3-bed · 1,039 sqftGreen Diamond 1B, Arjan · 3rd floor · completed 2018

B-311, Green Diamond 1B

Sold prices and rental history: sold once, by the developer in April 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-311 · DLD and Ejari recordsUpdated 15 December 2024
Last soldAED 1.05M18 April 2019
Current rentAED 170K /yr15 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B-311, Green Diamond 1B

What is B-311 worth today?

Last sold for AED 1,054,297 in 2019

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15 Dec 2024RentedNew contract
AED 170,000/yr12 months · AED 164 per sqft
15 Dec 2024RentedNew contract
AED 170,000/yr12 months · AED 164 per sqft
15 Sep 2023RentedRenewal
AED 91,000/yr12 months · AED 87 per sqft
15 Jul 2022RentedRenewal
AED 91,000/yr14 months · AED 87 per sqft
15 Apr 2021RentedRenewal
AED 66,000/yr15 months · AED 63 per sqft
15 Mar 2020RentedNew contract
AED 70,000/yr13 months · AED 67 per sqft
18 Apr 2019Sold by developerReady
AED 1,054,297AED 1,014 per sqft
1 Mar 2019RentedNew contract
AED 75,000/yr12 months · AED 72 per sqft

Source: Dubai Land Department. Updated 15 December 2024.

Key facts

Type
3-bed apartment
Size
1,039 sqft
Floor
3rd of 7
Parking
G-194
Developer
Diamond Developers
Completed
2018
Service charge
AED 12,800 /yr
Last sold
AED 1.05M · April 2019

About B-311, Green Diamond 1B

B-311 is a three-bedroom apartment of 1,039 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 18 April 2019 for AED 1,054,297, or AED 1,014 per sqft, 34% above the AED 755 three-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, signed on 15 December 2024, is AED 170,000 a year: a gross yield of 16.1% on the 2019 price, before the service charge of about AED 12,800 a year.

Sales and rents for B-311 over time

Sales
Unit B-311, each saleTypical three-bed in Green Diamond 1B
1M201920212023Typical sale price by year: 2019 AED 1,054,297; 2023 AED 930,000Sold by developer, April 2019: AED 1,054,297 (AED 1,014 per sqft)

B-311 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit B-311, each contractTypical three-bed in Green Diamond 1B
50K100K150K20192021202320252027Typical rent by year: 2019 AED 77,500; 2020 AED 70,000; 2021 AED 68,000; 2022 AED 69,000; 2023 AED 79,200; 2024 AED 93,500; 2025 AED 95,000; 2026 AED 95,000New contract, March 2019: AED 75,000 a yearNew contract, March 2020: AED 70,000 a yearRenewal, April 2021: AED 66,000 a yearRenewal, July 2022: AED 91,000 a yearRenewal, September 2023: AED 91,000 a yearNew contract, December 2024: AED 170,000 a yearNew contract, December 2024: AED 170,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Green Diamond 1B, and where B-311 sits

All 18 3-beds →

B-311 last sold in April 2019 at AED 1,014 per sqft, 34% above what three-beds in Green Diamond 1B were fetching at the time (AED 755). Over the last 12 months three-beds sold for AED 1,050,000 to 1,300,000, around AED 1,142 per sqft, and rent for AED 90,000 to 99,750 a year. B-311's AED 170,000 is at the top of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
21 Oct 20261,050,000
7 Apr 20261,300,000
29 Dec 20251,125,000
6 Feb 20241,040,000
3 3-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-311, Green Diamond 1B in numbers

  • Sold once: by Diamond Developers on 18 April 2019 for AED 1,054,297, or AED 1,014 per sqft.
  • Rented since March 2019 on 7 Ejari contracts. The rent fell from AED 75,000 to AED 66,000 in 2021 and recovered to AED 170,000 by December 2024.
  • At AED 170,000 a year the gross yield on the 2019 price is 16.1%, before a service charge of about AED 12,800 a year (AED 12.36 per sqft).
  • Three-beds in Green Diamond 1B sold for AED 1,050,000–1,300,000 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 15 December 2024.

Questions about B-311, Green Diamond 1B

What did unit B-311 last sell for?

AED 1,054,297 on 18 April 2019, sold by the developer: AED 1,014 per sqft for 1,039 sqft. It is the only registered sale of the unit.

What is the rent for unit B-311?

AED 170,000 a year on the contract signed on 15 December 2024. The previous contract, from December 2024, was AED 170,000; the unit has been rented since March 2019.

How big is unit B-311?

1,039 sqft (96.5 sqm): a three-bedroom apartment on the 3rd floor of a 7-storey tower completed in 2018.

What is unit B-311 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Green Diamond 1B sold for AED 1,050,000 to 1,300,000 in the last 12 months, around AED 1,142 per sqft.

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Mortgage on B-311, Green Diamond 1B

Starts from the last sale price (AED 1.05M, 18 April 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,054,297
Deposit, UAE resident (20%)
AED 210,859
Deposit, non-resident (40%)
AED 421,719
Monthly over 25 years at 3.7%
AED 4,313

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