2-bed · 856 sqftGreen Diamond 1B, Arjan · 4th floor · completed 2018

B-406, Green Diamond 1B

Sold prices and rental history: sold once, by the developer in November 2019, and rented once, from February 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B-406 · DLD and Ejari recordsUpdated 1 February 2022
Last soldAED 721K26 November 2019
Current rentAED 43K /yr1 February 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B-406, Green Diamond 1B

What is B-406 worth today?

Last sold for AED 720,800 in 2019

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1 Feb 2022RentedNew contract
AED 43,000/yr12 months · AED 51 per sqft
26 Nov 2019Sold by developerReady
AED 720,800AED 842 per sqft

Source: Dubai Land Department. Updated 1 February 2022.

Key facts

Type
2-bed apartment
Size
856 sqft
Floor
4th of 7
Parking
G-034
Developer
Diamond Developers
Completed
2018
Service charge
AED 10,600 /yr
Last sold
AED 721K · November 2019

About B-406, Green Diamond 1B

B-406 is a two-bedroom apartment of 856 sqft on the 4th floor of Green Diamond 1B, a 7-storey tower in Arjan completed in 2018 by Diamond Developers. The developer sold it on 26 November 2019 for AED 720,800, or AED 842 per sqft, 4% below the AED 878 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 February 2022. The current contract, signed on 1 February 2022, is AED 43,000 a year: a gross yield of 6.0% on the 2019 price, before the service charge of about AED 10,600 a year.

Sales and rents for B-406 over time

Sales
Unit B-406, 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, November 2019: AED 720,800 (AED 842 per sqft)

B-406 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit B-406, 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, February 2022: AED 43,000 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-406 sits

All 78 2-beds →

B-406 last sold in November 2019 at AED 842 per sqft, 4% below what two-beds in Green Diamond 1B were fetching at the time (AED 878). 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-406's AED 43,000 is at the bottom 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 4th floor

All 96 units in Green Diamond 1B
Value
B-4022-bedAED 925K · Sep 2026
B-4032-bedAED 1M · Nov 2018
B-4042-bedAED 760K · Aug 2024
B-4052-bedAED 675K · Dec 2019
B-4072-bedAED 725K · Oct 2017
B-4082-bedAED 638K · Jun 2021
B-4092-bedAED 676K · Aug 2017
1–7 of 12

B-406, Green Diamond 1B in numbers

  • Sold once: by Diamond Developers on 26 November 2019 for AED 720,800, or AED 842 per sqft.
  • Rented since February 2022 on one Ejari contract, at AED 43,000 a year.
  • At AED 43,000 a year the gross yield on the 2019 price is 6.0%, 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 February 2022.

Questions about B-406, Green Diamond 1B

What did unit B-406 last sell for?

AED 720,800 on 26 November 2019, sold by the developer: AED 842 per sqft for 856 sqft. It is the only registered sale of the unit.

What is the rent for unit B-406?

AED 43,000 a year on the contract signed on 1 February 2022.

How big is unit B-406?

856 sqft (79.5 sqm): a two-bedroom apartment on the 4th floor of a 7-storey tower completed in 2018.

What is unit B-406 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-406, Green Diamond 1B

Starts from the last sale price (AED 721K, 26 November 2019). Switch to today's estimate once you have unlocked it.
Price
AED 720,800
Deposit, UAE resident (20%)
AED 144,160
Deposit, non-resident (40%)
AED 288,320
Monthly over 25 years at 3.7%
AED 2,949

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