2-bed · 854 sqftGreen Diamond 1B, Arjan · 4th floor · completed 2018

B-412, Green Diamond 1B

Sold prices and rental history: sold twice, last in November 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-412 · DLD and Ejari recordsUpdated 16 September 2023
Last soldAED 700K17 November 2019
Current rentAED 48K /yr16 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B-412, Green Diamond 1B

What is B-412 worth today?

Last sold for AED 700,000 in 2019

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16 Sep 2023RentedRenewal
AED 48,000/yr12 months · AED 56 per sqft
19 Aug 2022RentedRenewal
AED 48,000/yr13 months · AED 56 per sqft
4 Aug 2021RentedRenewal
AED 40,000/yr12 months · AED 47 per sqft
20 Jul 2020RentedNew contract
AED 45,000/yr12 months · AED 53 per sqft
17 Nov 2019SoldReady
AED 700,000AED 820 per sqft
3 Feb 2019Sold by developerReady
AED 750,000AED 878 per sqft
22 Jan 2019RentedNew contract
AED 63,000/yr12 months · AED 74 per sqft

Source: Dubai Land Department. Updated 16 September 2023.

Key facts

Type
2-bed apartment
Size
854 sqft
Floor
4th of 7
Parking
G-037
Developer
Diamond Developers
Completed
2018
Service charge
AED 10,600 /yr
Last sold
AED 700K · November 2019

About B-412, Green Diamond 1B

B-412 is a two-bedroom apartment of 854 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 17 November 2019 for AED 700,000, or AED 820 per sqft, 8% below the AED 894 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 16 September 2023, is AED 48,000 a year: a gross yield of 6.9% on the 2019 price, before the service charge of about AED 10,600 a year.

Sales and rents for B-412 over time

Sales
Unit B-412, 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, February 2019: AED 750,000 (AED 878 per sqft)Sold, November 2019: AED 700,000 (AED 820 per sqft)

B-412 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit B-412, 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, January 2019: AED 63,000 a yearNew contract, July 2020: AED 45,000 a yearRenewal, August 2021: AED 40,000 a yearRenewal, August 2022: AED 48,000 a yearRenewal, September 2023: AED 48,000 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-412 sits

All 78 2-beds →

B-412 last sold in November 2019 at AED 820 per sqft, 8% below what two-beds in Green Diamond 1B were fetching at the time (AED 894). 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-412's AED 48,000 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-4082-bedAED 638K · Jun 2021
1–7 of 12

B-412, Green Diamond 1B in numbers

  • Sold twice: first on 3 February 2019 for AED 750,000, last on 17 November 2019 for AED 700,000 (AED 820 per sqft).
  • Rented since January 2019 on 5 Ejari contracts. The rent fell from AED 63,000 to AED 40,000 in 2021 and recovered to AED 48,000 by September 2023.
  • At AED 48,000 a year the gross yield on the 2019 price is 6.9%, 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 16 September 2023.

Questions about B-412, Green Diamond 1B

What did unit B-412 last sell for?

AED 700,000 on 17 November 2019: AED 820 per sqft for 854 sqft. The unit has 2 registered sales; the first was AED 750,000 in February 2019.

What is the rent for unit B-412?

AED 48,000 a year on the contract renewed on 16 September 2023. The previous contract, from August 2022, was AED 48,000; the unit has been rented since January 2019.

How big is unit B-412?

854 sqft (79.3 sqm): a two-bedroom apartment on the 4th floor of a 7-storey tower completed in 2018.

What is unit B-412 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-412, Green Diamond 1B

Starts from the last sale price (AED 700K, 17 November 2019). Switch to today's estimate once you have unlocked it.
Price
AED 700,000
Deposit, UAE resident (20%)
AED 140,000
Deposit, non-resident (40%)
AED 280,000
Monthly over 25 years at 3.7%
AED 2,864

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