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2-bed · 1,063 sqftThe Diamond, Dubai Sports City · 5th floor · completed 2009

502, The Diamond

Sold prices and rental history: sold twice, last in December 2014, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 502 · DLD and Ejari recordsUpdated 1 April 2017
Last soldAED 1.05M7 December 2014
Current rentAED 60K /yr1 April 2017
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 502, The Diamond

What is 502 worth today?

Last sold for AED 1,050,000 in 2014

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1 Apr 2017RentedRenewal
AED 60,000/yr24 months · AED 56 per sqft
1 Apr 2015RentedNew contract
AED 60,000/yr24 months · AED 56 per sqft
7 Dec 2014SoldReady
AED 1,050,000AED 988 per sqft
3 Nov 2013RentedNew contract
AED 70,000/yr12 months · AED 66 per sqft
24 Feb 2011Sold by developerReady
AED 1,572,994AED 1,480 per sqft

Source: Dubai Land Department. Updated 1 April 2017.

Key facts

Type
2-bed apartment
Size
1,063 sqft
Floor
5th of 14
Parking
B2/30
Developer
First Homes
Completed
2009
Service charge
AED 25,500 /yr
Last sold
AED 1.05M · December 2014
Building
The Diamond

About 502, The Diamond

502 is a two-bedroom apartment of 1,063 sqft on the 5th floor of The Diamond, a 14-storey tower in Dubai Sports City completed in 2009 by First Homes. It last sold on 7 December 2014 for AED 1,050,000, or AED 988 per sqft.

It has been rented since 2013 on 3 Ejari contracts. The current contract, renewed on 1 April 2017, is AED 60,000 a year: a gross yield of 5.7% on the 2014 price, before the service charge of about AED 25,500 a year.

Sales and rents for 502 over time

Sales
Unit 502, each saleTypical two-bed in The Diamond
1M1.5M2010201520202025Typical sale price by year: 2010 AED 1,367,973; 2011 AED 1,432,288; 2017 AED 900,000; 2022 AED 932,000; 2026 AED 800,000Sold by developer, February 2011: AED 1,572,994 (AED 1,480 per sqft)Sold, December 2014: AED 1,050,000 (AED 988 per sqft)

502 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 502, each contractTypical two-bed in The Diamond
60K80K2012201620202024Typical rent by year: 2012 AED 52,000; 2013 AED 63,500; 2014 AED 62,370; 2015 AED 82,000; 2016 AED 80,000; 2017 AED 80,000; 2018 AED 79,500; 2019 AED 69,000; 2020 AED 56,000; 2021 AED 48,500; 2022 AED 50,000; 2023 AED 60,000; 2024 AED 69,000; 2025 AED 72,000; 2026 AED 70,000New contract, November 2013: AED 70,000 a yearNew contract, April 2015: AED 60,000 a yearRenewal, April 2017: 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 The Diamond, and where 502 sits

All 24 2-beds →

Over the last 12 months two-beds sold for AED 750,000 to 800,000, around AED 705 per sqft, and rent for AED 69,300 to 85,000 a year. 502's AED 60,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
1 May 2026800,000
22 Jan 2026750,000
15 Jan 2026800,000
8 Apr 2025850,000
3 2-bed sales in the last 12 months

The Diamond

Building

128 apartments, studios to 2-bed over 14 floors in Dubai Sports City, completed in 2009 by First Homes. 10 sold in the last 12 months.

Typical price per sqft
AED 888 Up 16.5%
Typical sale
AED 700K
Typical rent
AED 57K /yr
Typical yield
8.4%
The Diamond, Dubai Sports City: prices, sales and rents →

Other units on the 5th floor

All 128 units in The Diamond
Value
5012-bedAED 1.57M · Jun 2011
5031-bedAED 910K · Oct 2010
5041-bedAED 620K · Sep 2024
5051-bedAED 943K · Jan 2018
5061-bedAED 1.26M · Oct 2011
5071-bedAED 1.17M · Nov 2010
5081-bedAED 1.05M · Oct 2010
1–7 of 8

502, The Diamond in numbers

  • Sold twice: first on 24 February 2011 for AED 1,572,994, last on 7 December 2014 for AED 1,050,000 (AED 988 per sqft).
  • Rented since November 2013 on 3 Ejari contracts, from AED 70,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2014 price is 5.7%, before a service charge of about AED 25,500 a year (AED 24.00 per sqft).
  • Two-beds in The Diamond sold for AED 750,000–800,000 in the 12 months to November 2026; the building's median across all types is AED 888 per sqft.

Source: Dubai Land Department. Updated 1 April 2017.

Questions about 502, The Diamond

What did unit 502 last sell for?

AED 1,050,000 on 7 December 2014: AED 988 per sqft for 1,063 sqft. The unit has 2 registered sales; the first was AED 1,572,994 in February 2011.

What is the rent for unit 502?

AED 60,000 a year on the contract renewed on 1 April 2017. The previous contract, from April 2015, was AED 60,000; the unit has been rented since November 2013.

How big is unit 502?

1,063 sqft (98.8 sqm): a two-bedroom apartment on the 5th floor of a 14-storey tower completed in 2009.

What is unit 502 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in The Diamond sold for AED 750,000 to 800,000 in the last 12 months, around AED 705 per sqft.

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Mortgage on 502, The Diamond

Starts from the last sale price (AED 1.05M, 7 December 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,050,000
Deposit, UAE resident (20%)
AED 210,000
Deposit, non-resident (40%)
AED 420,000
Monthly over 25 years at 3.7%
AED 4,296

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