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

B-408, Green Diamond 1B

Sold prices and rental history: sold twice, last in June 2021, and rented once, from December 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B-408 · DLD and Ejari recordsUpdated 24 June 2021
Last soldAED 638K24 June 2021
Current rentAED 50K /yr1 December 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B-408, Green Diamond 1B

What is B-408 worth today?

Last sold for AED 638,000 in 2021

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24 Jun 2021SoldReady
AED 638,000AED 745 per sqft
1 Dec 2019RentedNew contract
AED 50,000/yr12 months · AED 59 per sqft
7 Jan 2019Sold by developerReady
AED 697,245AED 814 per sqft

Source: Dubai Land Department. Updated 24 June 2021.

Key facts

Type
2-bed apartment
Size
856 sqft
Floor
4th of 7
Parking
G-035
Developer
Diamond Developers
Completed
2018
Service charge
AED 10,600 /yr
Last sold
AED 638K · June 2021

About B-408, Green Diamond 1B

B-408 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. It last sold on 24 June 2021 for AED 638,000, or AED 745 per sqft, in line with the AED 749 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 December 2019. The current contract, signed on 1 December 2019, is AED 50,000 a year: a gross yield of 7.8% on the 2021 price, before the service charge of about AED 10,600 a year.

Sales and rents for B-408 over time

Sales
Unit B-408, each saleTypical two-bed in Green Diamond 1B
600K800K1M2017202020232026Typical 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, January 2019: AED 697,245 (AED 814 per sqft)Sold, June 2021: AED 638,000 (AED 745 per sqft)

B-408 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit B-408, 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, December 2019: AED 50,000 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-408 sits

All 78 2-beds →

B-408 last sold in June 2021 at AED 745 per sqft, in line with what two-beds in Green Diamond 1B were fetching at the time (AED 749). 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-408's AED 50,000 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-4062-bedAED 721K · Nov 2019
B-4072-bedAED 725K · Oct 2017
B-4092-bedAED 676K · Aug 2017
1–7 of 12

B-408, Green Diamond 1B in numbers

  • Sold twice: first on 7 January 2019 for AED 697,245, last on 24 June 2021 for AED 638,000 (AED 745 per sqft).
  • Rented since December 2019 on one Ejari contract, at AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2021 price is 7.8%, 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 24 June 2021.

Questions about B-408, Green Diamond 1B

What did unit B-408 last sell for?

AED 638,000 on 24 June 2021: AED 745 per sqft for 856 sqft. The unit has 2 registered sales; the first was AED 697,245 in January 2019.

What is the rent for unit B-408?

AED 50,000 a year on the contract signed on 1 December 2019.

How big is unit B-408?

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-408 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-408, Green Diamond 1B

Starts from the last sale price (AED 638K, 24 June 2021). Switch to today's estimate once you have unlocked it.
Price
AED 638,000
Deposit, UAE resident (20%)
AED 127,600
Deposit, non-resident (40%)
AED 255,200
Monthly over 25 years at 3.7%
AED 2,610

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