3-bed · 985 sqftGreen Diamond 1B, Arjan · 5th floor · completed 2018

B-514, Green Diamond 1B

Sold prices and rental history: sold once, by the developer in October 2023, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B-514 · DLD and Ejari recordsUpdated 9 October 2023
Last soldAED 930K9 October 2023
Current rentAED 72K /yr10 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B-514, Green Diamond 1B

What is B-514 worth today?

Last sold for AED 930,000 in 2023

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9 Oct 2023Sold by developerReady
AED 930,000AED 944 per sqft
10 Jan 2023RentedRenewal
AED 72,000/yr12 months · AED 73 per sqft
10 Jan 2022RentedNew contract
AED 65,000/yr12 months · AED 66 per sqft
28 Nov 2021RentedNew contract
AED 50,000/yr12 months · AED 51 per sqft

Source: Dubai Land Department. Updated 9 October 2023.

Key facts

Type
3-bed apartment
Size
985 sqft
Floor
5th of 7
Parking
G-079
Developer
Diamond Developers
Completed
2018
Service charge
AED 12,200 /yr
Last sold
AED 930K · October 2023

About B-514, Green Diamond 1B

B-514 is a three-bedroom apartment of 985 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 9 October 2023 for AED 930,000, or AED 944 per sqft, 9% above the AED 866 three-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 10 January 2023, is AED 72,000 a year: a gross yield of 7.7% on the 2023 price, before the service charge of about AED 12,200 a year.

Sales and rents for B-514 over time

Sales
Unit B-514, each saleTypical three-bed in Green Diamond 1B
1M201920212023Typical sale price by year: 2019 AED 1,054,297; 2023 AED 930,000Sold by developer, October 2023: AED 930,000 (AED 944 per sqft)

B-514 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit B-514, each contractTypical three-bed in Green Diamond 1B
50K75K100K20192021202320252027Typical rent by year: 2019 AED 77,500; 2020 AED 70,000; 2021 AED 68,000; 2022 AED 69,000; 2023 AED 79,200; 2024 AED 93,500; 2025 AED 95,000; 2026 AED 95,000New contract, November 2021: AED 50,000 a yearNew contract, January 2022: AED 65,000 a yearRenewal, January 2023: AED 72,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Green Diamond 1B, and where B-514 sits

All 18 3-beds →

B-514 last sold in October 2023 at AED 944 per sqft, 9% above what three-beds in Green Diamond 1B were fetching at the time (AED 866). Over the last 12 months three-beds sold for AED 1,050,000 to 1,300,000, around AED 1,142 per sqft, and rent for AED 90,000 to 99,750 a year. B-514's AED 72,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
21 Oct 20261,050,000
7 Apr 20261,300,000
29 Dec 20251,125,000
6 Feb 20241,040,000
3 3-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-514, Green Diamond 1B in numbers

  • Sold once: by Diamond Developers on 9 October 2023 for AED 930,000, or AED 944 per sqft.
  • Rented since November 2021 on 3 Ejari contracts, from AED 50,000 to AED 72,000 a year.
  • At AED 72,000 a year the gross yield on the 2023 price is 7.7%, before a service charge of about AED 12,200 a year (AED 12.36 per sqft).
  • Three-beds in Green Diamond 1B sold for AED 1,050,000–1,300,000 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 9 October 2023.

Questions about B-514, Green Diamond 1B

What did unit B-514 last sell for?

AED 930,000 on 9 October 2023, sold by the developer: AED 944 per sqft for 985 sqft. It is the only registered sale of the unit.

What is the rent for unit B-514?

AED 72,000 a year on the contract renewed on 10 January 2023. The previous contract, from January 2022, was AED 65,000; the unit has been rented since November 2021.

How big is unit B-514?

985 sqft (91.5 sqm): a three-bedroom apartment on the 5th floor of a 7-storey tower completed in 2018.

What is unit B-514 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Green Diamond 1B sold for AED 1,050,000 to 1,300,000 in the last 12 months, around AED 1,142 per sqft.

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Mortgage on B-514, Green Diamond 1B

Starts from the last sale price (AED 930K, 9 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 930,000
Deposit, UAE resident (20%)
AED 186,000
Deposit, non-resident (40%)
AED 372,000
Monthly over 25 years at 3.7%
AED 3,805

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