2-bed · 854 sqftGreen Diamond 1B, Arjan · 6th floor · completed 2018

B-602, Green Diamond 1B

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

Unit B-602 · DLD and Ejari recordsUpdated 1 June 2024
Last soldAED 550K16 October 2018
Current rentAED 60K /yr1 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B-602, Green Diamond 1B

What is B-602 worth today?

Last sold for AED 550,000 in 2018

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1 Jun 2024RentedRenewal
AED 59,513/yr12 months · AED 70 per sqft
1 Jun 2023RentedRenewal
AED 51,750/yr12 months · AED 61 per sqft
1 Jun 2022RentedNew contract
AED 45,000/yr12 months · AED 53 per sqft
1 May 2021RentedNew contract
AED 42,000/yr12 months · AED 49 per sqft
1 Mar 2020RentedNew contract
AED 50,000/yr12 months · AED 59 per sqft
1 Jan 2020RentedNew contract
AED 54,000/yr12 months · AED 63 per sqft
1 Nov 2018RentedNew contract
AED 65,000/yr12 months · AED 76 per sqft
16 Oct 2018Sold by developerReady
AED 550,000AED 644 per sqft

Source: Dubai Land Department. Updated 1 June 2024.

Key facts

Type
2-bed apartment
Size
854 sqft
Floor
6th of 7
Parking
G-191
Developer
Diamond Developers
Completed
2018
Service charge
AED 10,600 /yr
Last sold
AED 550K · October 2018

About B-602, Green Diamond 1B

B-602 is a two-bedroom apartment of 854 sqft on the 6th floor of Green Diamond 1B, a 7-storey tower in Arjan completed in 2018 by Diamond Developers. The developer sold it on 16 October 2018 for AED 550,000, or AED 644 per sqft, 21% below the AED 814 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, renewed on 1 June 2024, is AED 59,513 a year: a gross yield of 10.8% on the 2018 price, before the service charge of about AED 10,600 a year.

Sales and rents for B-602 over time

Sales
Unit B-602, each saleTypical two-bed in Green Diamond 1B
600K800K1M2017202020232026Typical 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, October 2018: AED 550,000 (AED 644 per sqft)

B-602 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit B-602, 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, November 2018: AED 65,000 a yearNew contract, January 2020: AED 54,000 a yearNew contract, March 2020: AED 50,000 a yearNew contract, May 2021: AED 42,000 a yearNew contract, June 2022: AED 45,000 a yearRenewal, June 2023: AED 51,750 a yearRenewal, June 2024: AED 59,513 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-602 sits

All 78 2-beds →

B-602 last sold in October 2018 at AED 644 per sqft, 21% below what two-beds in Green Diamond 1B were fetching at the time (AED 814). 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-602's AED 59,513 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 6th floor

All 96 units in Green Diamond 1B
Value
B-6012-bedAED 890K · Oct 2024
B-6032-bedAED 1.1M · Nov 2024
B-6042-bedAED 689K · Oct 2018
B-6052-bedAED 705K · Jan 2018
B-6062-bedAED 741K · Jan 2019
B-6072-bedAED 376K · Nov 2018
B-6082-bedAED 671K · Sep 2018
1–7 of 13

B-602, Green Diamond 1B in numbers

  • Sold once: by Diamond Developers on 16 October 2018 for AED 550,000, or AED 644 per sqft.
  • Rented since November 2018 on 7 Ejari contracts. The rent fell from AED 65,000 to AED 42,000 in 2021 and recovered to AED 59,513 by June 2024.
  • At AED 59,513 a year the gross yield on the 2018 price is 10.8%, 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 June 2024.

Questions about B-602, Green Diamond 1B

What did unit B-602 last sell for?

AED 550,000 on 16 October 2018, sold by the developer: AED 644 per sqft for 854 sqft. It is the only registered sale of the unit.

What is the rent for unit B-602?

AED 59,513 a year on the contract renewed on 1 June 2024. The previous contract, from June 2023, was AED 51,750; the unit has been rented since November 2018.

How big is unit B-602?

854 sqft (79.3 sqm): a two-bedroom apartment on the 6th floor of a 7-storey tower completed in 2018.

What is unit B-602 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-602, Green Diamond 1B

Starts from the last sale price (AED 550K, 16 October 2018). Switch to today's estimate once you have unlocked it.
Price
AED 550,000
Deposit, UAE resident (20%)
AED 110,000
Deposit, non-resident (40%)
AED 220,000
Monthly over 25 years at 3.7%
AED 2,250

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