2-bed · 834 sqftGreen Diamond 1B, Arjan · 5th floor · completed 2018

B-504, Green Diamond 1B

Sold prices and rental history: sold once, by the developer in October 2018, and rented once, from December 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B-504 · DLD and Ejari recordsUpdated 20 December 2018
Last soldAED 308K7 October 2018
Current rentAED 60K /yr20 December 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B-504, Green Diamond 1B

What is B-504 worth today?

Last sold for AED 308,059 in 2018

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20 Dec 2018RentedNew contract
AED 60,000/yr12 months · AED 71 per sqft
7 Oct 2018Sold by developerReady · flagged as an outlier
AED 308,059AED 369 per sqft

Source: Dubai Land Department. Updated 20 December 2018.

Key facts

Type
2-bed apartment
Size
834 sqft
Floor
5th of 7
Parking
G-015
Developer
Diamond Developers
Completed
2018
Service charge
AED 10,300 /yr
Last sold
AED 308K · October 2018

About B-504, Green Diamond 1B

B-504 is a two-bedroom apartment of 834 sqft on the 5th floor of Green Diamond 1B, a 7-storey tower in Arjan completed in 2018 by Diamond Developers. The developer sold it on 7 October 2018 for AED 308,059, or AED 369 per sqft, 55% below the AED 819 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 20 December 2018. The current contract, signed on 20 December 2018, is AED 60,000 a year: a gross yield of 19.5% on the 2018 price, before the service charge of about AED 10,300 a year.

Sales and rents for B-504 over time

Sales
Unit B-504, 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 927,500

No registered sale of B-504; the dashed line is the two-bed median of each year in the building.

Rents
Unit B-504, 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 2018: AED 60,000 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-504 sits

All 78 2-beds →

B-504 last sold in October 2018 at AED 369 per sqft, 55% below what two-beds in Green Diamond 1B were fetching at the time (AED 819). 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-504's AED 60,000 is in the lower 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 5th floor

All 96 units in Green Diamond 1B
Value
B-5012-bedAED 925K · Feb 2025
B-5022-bedAED 640K · Nov 2019
B-5033-bedAED 900K · Nov 2022
B-5052-bedAED 735K · Jan 2019
B-5062-bedAED 770K · Feb 2024
B-5072-bedAED 328K · Oct 2018
B-5082-bedAED 702K · Mar 2018
1–7 of 13

B-504, Green Diamond 1B in numbers

  • Sold once: by Diamond Developers on 7 October 2018 for AED 308,059, or AED 369 per sqft.
  • Rented since December 2018 on one Ejari contract, at AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2018 price is 19.5%, before a service charge of about AED 10,300 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 20 December 2018.

Questions about B-504, Green Diamond 1B

What did unit B-504 last sell for?

AED 308,059 on 7 October 2018, sold by the developer: AED 369 per sqft for 834 sqft. It is the only registered sale of the unit.

What is the rent for unit B-504?

AED 60,000 a year on the contract signed on 20 December 2018.

How big is unit B-504?

834 sqft (77.5 sqm): a two-bedroom apartment on the 5th floor of a 7-storey tower completed in 2018.

What is unit B-504 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-504, Green Diamond 1B

Starts from the last sale price (AED 308K, 7 October 2018). Switch to today's estimate once you have unlocked it.
Price
AED 308,059
Deposit, UAE resident (20%)
AED 61,612
Deposit, non-resident (40%)
AED 123,224
Monthly over 25 years at 3.7%
AED 1,260

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