505, The Diamond
Sold prices and rental history: sold once, by the developer in January 2018, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 505, The Diamond
What is 505 worth today?
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Source: Dubai Land Department. Updated 13 May 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 735 sqft
- Floor
- 5th of 14
- Parking
- B2/19
- Developer
- First Homes
- Completed
- 2009
- Service charge
- AED 17,600 /yr
- Last sold
- AED 943K · January 2018
- Building
- The Diamond
About 505, The Diamond
505 is a one-bedroom apartment of 735 sqft on the 5th floor of The Diamond, a 14-storey tower in Dubai Sports City completed in 2009 by First Homes. The developer sold it on 10 January 2018 for AED 943,028, or AED 1,283 per sqft, 43% above the AED 897 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 10 Ejari contracts. The current contract, renewed on 13 May 2026, is AED 55,000 a year: a gross yield of 5.8% on the 2018 price, before the service charge of about AED 17,600 a year.
Sales and rents for 505 over time
505 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in The Diamond, and where 505 sits
All 78 1-beds →505 last sold in January 2018 at AED 1,283 per sqft, 43% above what one-beds in The Diamond were fetching at the time (AED 897). Over the last 12 months one-beds sold for AED 620,000 to 800,000, around AED 936 per sqft, and rent for AED 45,000 to 75,000 a year. 505's AED 55,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Aug 202624 August 2026 | 735 sqft | 620,000 | 844 | ||
| 11 Dec 202511 December 2025 | 851 sqft | 800,000 | 940 | ||
| 11 Dec 202511 December 2025 | 711 sqft | 700,000 | 983 | ||
| 27 Nov 202527 November 2025 | 750 sqft | 700,000 | 932 |
The Diamond
Building128 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%
Other units on the 5th floor
All 128 units in The Diamond| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,041 sqft | AED 1.57MAED 1,572,994 · Jun 2011June 2011 | 68,000 /yr | |
| 502 | 2-bed | 1,063 sqft | AED 1.05MAED 1,050,000 · Dec 2014December 2014 | 60,000 /yr | |
| 503 | 1-bed | 712 sqft | AED 910KAED 910,382 · Oct 2010October 2010 | 49,778 /yr | |
| 504 | 1-bed | 787 sqft | AED 620KAED 620,000 · Sep 2024September 2024 | 60,000 /yr | |
| 506 | 1-bed | 750 sqft | AED 1.26MAED 1,260,870 · Oct 2011October 2011 | 65,000 /yr | |
| 507 | 1-bed | 851 sqft | AED 1.17MAED 1,171,269 · Nov 2010November 2010 | ||
| 508 | 1-bed | 824 sqft | AED 1.05MAED 1,051,145 · Oct 2010October 2010 | 56,000 /yr | |
| 509 | Studio | 605 sqft | AED 560KAED 560,000 · Jun 2017June 2017 | 49,000 /yr |
505, The Diamond in numbers
- Sold once: by First Homes on 10 January 2018 for AED 943,028, or AED 1,283 per sqft.
- Rented since July 2015 on 10 Ejari contracts. The rent fell from AED 52,090 to AED 34,500 in 2021 and recovered to AED 55,000 by May 2026.
- At AED 55,000 a year the gross yield on the 2018 price is 5.8%, before a service charge of about AED 17,600 a year (AED 24.00 per sqft).
- One-beds in The Diamond sold for AED 620,000–800,000 in the 12 months to November 2026; the building's median across all types is AED 888 per sqft.
Source: Dubai Land Department. Updated 13 May 2026.
Questions about 505, The Diamond
What did unit 505 last sell for?
AED 943,028 on 10 January 2018, sold by the developer: AED 1,283 per sqft for 735 sqft. It is the only registered sale of the unit.
What is the rent for unit 505?
AED 55,000 a year on the contract renewed on 13 May 2026. The previous contract, from May 2025, was AED 55,000; the unit has been rented since July 2015.
How big is unit 505?
735 sqft (68.3 sqm): a one-bedroom apartment on the 5th floor of a 14-storey tower completed in 2009.
What is unit 505 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in The Diamond sold for AED 620,000 to 800,000 in the last 12 months, around AED 936 per sqft.
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Mortgage on 505, The Diamond
Starts from the last sale price (AED 943K, 10 January 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 943,028
- Deposit, UAE resident (20%)
- AED 188,606
- Deposit, non-resident (40%)
- AED 377,211
- Monthly over 25 years at 3.7%
- AED 3,858
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →