2-bed · 856 sqftGreen Diamond 1B, Arjan · 5th floor · completed 2018

B-508, Green Diamond 1B

Sold prices and rental history: sold once, by the developer in March 2018, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B-508 · DLD and Ejari recordsUpdated 1 May 2026
Last soldAED 702K26 March 2018
Current rentAED 66K /yr1 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B-508, Green Diamond 1B

What is B-508 worth today?

Last sold for AED 701,522 in 2018

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1 May 2026RentedNew contract
AED 66,000/yr12 months · AED 78 per sqft
1 May 2025RentedRenewal
AED 66,000/yr12 months · AED 78 per sqft
1 May 2025RentedRenewal
AED 66,000/yr12 months · AED 78 per sqft
1 May 2024RentedRenewal
AED 61,000/yr12 months · AED 72 per sqft
1 May 2023RentedRenewal
AED 53,000/yr12 months · AED 62 per sqft
1 May 2022RentedRenewal
AED 48,000/yr12 months · AED 56 per sqft
1 May 2021RentedNew contract
AED 48,000/yr12 months · AED 56 per sqft
1 May 2019RentedNew contract
AED 58,000/yr12 months · AED 68 per sqft

Source: Dubai Land Department. Updated 1 May 2026.

Key facts

Type
2-bed apartment
Size
856 sqft
Floor
5th of 7
Parking
G-086
Developer
Diamond Developers
Completed
2018
Service charge
AED 10,600 /yr
Last sold
AED 702K · March 2018

About B-508, Green Diamond 1B

B-508 is a two-bedroom apartment of 856 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 26 March 2018 for AED 701,522, or AED 819 per sqft, 4% above the AED 791 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 8 Ejari contracts. The current contract, signed on 1 May 2026, is AED 66,000 a year: a gross yield of 9.4% on the 2018 price, before the service charge of about AED 10,600 a year.

Sales and rents for B-508 over time

Sales
Unit B-508, 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, March 2018: AED 701,522 (AED 819 per sqft)

B-508 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit B-508, 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, May 2019: AED 58,000 a yearNew contract, May 2021: AED 48,000 a yearRenewal, May 2022: AED 48,000 a yearRenewal, May 2023: AED 53,000 a yearRenewal, May 2024: AED 61,000 a yearRenewal, May 2025: AED 66,000 a yearRenewal, May 2025: AED 66,000 a yearNew contract, May 2026: AED 66,000 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-508 sits

All 78 2-beds →

B-508 last sold in March 2018 at AED 819 per sqft, 4% above what two-beds in Green Diamond 1B were fetching at the time (AED 791). 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-508's AED 66,000 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-5042-bedAED 308K · Oct 2018
B-5052-bedAED 735K · Jan 2019
B-5062-bedAED 770K · Feb 2024
B-5072-bedAED 328K · Oct 2018
1–7 of 13

B-508, Green Diamond 1B in numbers

  • Sold once: by Diamond Developers on 26 March 2018 for AED 701,522, or AED 819 per sqft.
  • Rented since May 2019 on 8 Ejari contracts. The rent fell from AED 58,000 to AED 48,000 in 2022 and recovered to AED 66,000 by May 2026.
  • At AED 66,000 a year the gross yield on the 2018 price is 9.4%, 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 2026.

Questions about B-508, Green Diamond 1B

What did unit B-508 last sell for?

AED 701,522 on 26 March 2018, sold by the developer: AED 819 per sqft for 856 sqft. It is the only registered sale of the unit.

What is the rent for unit B-508?

AED 66,000 a year on the contract signed on 1 May 2026. The previous contract, from May 2025, was AED 66,000; the unit has been rented since May 2019.

How big is unit B-508?

856 sqft (79.5 sqm): a two-bedroom apartment on the 5th floor of a 7-storey tower completed in 2018.

What is unit B-508 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-508, Green Diamond 1B

Starts from the last sale price (AED 702K, 26 March 2018). Switch to today's estimate once you have unlocked it.
Price
AED 701,522
Deposit, UAE resident (20%)
AED 140,304
Deposit, non-resident (40%)
AED 280,609
Monthly over 25 years at 3.7%
AED 2,870

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