B-505, Green Diamond 1B
Sold prices and rental history: sold once, by the developer in January 2019, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for B-505, Green Diamond 1B
What is B-505 worth today?
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Source: Dubai Land Department. Updated 1 May 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 854 sqft
- Floor
- 5th of 7
- Parking
- G-078
- Developer
- Diamond Developers
- Completed
- 2018
- Service charge
- AED 10,600 /yr
- Last sold
- AED 735K · January 2019
- Building
- Green Diamond 1B
About B-505, Green Diamond 1B
B-505 is a two-bedroom apartment of 854 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 16 January 2019 for AED 735,393, or AED 860 per sqft, in line with the AED 845 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 1 May 2025, is AED 53,000 a year: a gross yield of 7.2% on the 2019 price, before the service charge of about AED 10,600 a year.
Sales and rents for B-505 over time
B-505 has sold once; the dashed line is the two-bed median of each year in the building.
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-505 sits
All 78 2-beds →B-505 last sold in January 2019 at AED 860 per sqft, in line with what two-beds in Green Diamond 1B were fetching at the time (AED 845). 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-505's AED 53,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 21 Sep 202621 September 2026 | 854 sqft | 925,000 | 1,083 | ||
| 25 Aug 202625 August 2026 | 918 sqft | 975,000 | 1,062 | ||
| 3 Jul 20263 July 2026 | 854 sqft | 1,000,000 | 1,171 | ||
| 11 Jun 202611 June 2026 | 854 sqft | 930,000 | 1,089 |
Green Diamond 1B
Building96 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%
Other units on the 5th floor
All 96 units in Green Diamond 1B| ValueToday's value | |||||
|---|---|---|---|---|---|
| B-501 | 2-bed | 854 sqft | AED 925KAED 925,000 · Feb 2025February 2025 | 55,200 /yr | |
| B-502 | 2-bed | 854 sqft | AED 640KAED 640,000 · Nov 2019November 2019 | 90,000 /yr | |
| B-503 | 3-bed | 1,039 sqft | AED 900KAED 900,000 · Nov 2022November 2022 | 99,750 /yr | |
| B-504 | 2-bed | 834 sqft | AED 308KAED 308,059 · Oct 2018October 2018 | 60,000 /yr | |
| B-506 | 2-bed | 856 sqft | AED 770KAED 770,000 · Feb 2024February 2024 | 80,000 /yr | |
| B-507 | 2-bed | 889 sqft | AED 328KAED 328,038 · Oct 2018October 2018 | 78,000 /yr | |
| B-508 | 2-bed | 856 sqft | AED 702KAED 701,522 · Mar 2018March 2018 | 66,000 /yr | |
| B-509 | 2-bed | 854 sqft | AED 674KAED 674,054 · Dec 2017December 2017 | 78,000 /yr | |
| B-510 | 2-bed | 834 sqft | AED 950KAED 950,000 · May 2025May 2025 | 95,000 /yr | |
| B-511 | 3-bed | 1,039 sqft | AED 900KAED 900,000 · Nov 2022November 2022 | 92,862 /yr | |
| B-512 | 2-bed | 854 sqft | AED 930KAED 930,000 · Jun 2026June 2026 | 72,000 /yr | |
| B-513 | 2-bed | 854 sqft | AED 1MAED 1,000,000 · Jul 2026July 2026 | 95,000 /yr | |
| B-514 | 3-bed | 985 sqft | AED 930KAED 930,000 · Oct 2023October 2023 | 72,000 /yr |
B-505, Green Diamond 1B in numbers
- Sold once: by Diamond Developers on 16 January 2019 for AED 735,393, or AED 860 per sqft.
- Rented since March 2019 on 5 Ejari contracts. The rent fell from AED 62,000 to AED 47,000 in 2022 and recovered to AED 53,000 by May 2025.
- At AED 53,000 a year the gross yield on the 2019 price is 7.2%, 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 May 2025.
Questions about B-505, Green Diamond 1B
What did unit B-505 last sell for?
AED 735,393 on 16 January 2019, sold by the developer: AED 860 per sqft for 854 sqft. It is the only registered sale of the unit.
What is the rent for unit B-505?
AED 53,000 a year on the contract renewed on 1 May 2025. The previous contract, from May 2024, was AED 53,000; the unit has been rented since March 2019.
How big is unit B-505?
854 sqft (79.3 sqm): a two-bedroom apartment on the 5th floor of a 7-storey tower completed in 2018.
What is unit B-505 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-505, Green Diamond 1B
Starts from the last sale price (AED 735K, 16 January 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 735,393
- Deposit, UAE resident (20%)
- AED 147,079
- Deposit, non-resident (40%)
- AED 294,157
- Monthly over 25 years at 3.7%
- AED 3,009
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →