509, The Diamond
Sold prices and rental history: sold twice, last in June 2017, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 509, The Diamond
What is 509 worth today?
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Source: Dubai Land Department. Updated 1 August 2026.
Key facts
- Type
- Studio apartment
- Size
- 605 sqft
- Floor
- 5th of 14
- Parking
- B2/34
- Developer
- First Homes
- Completed
- 2009
- Service charge
- AED 14,500 /yr
- Last sold
- AED 560K · June 2017
- Building
- The Diamond
About 509, The Diamond
509 is a studio of 605 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 8 June 2017 for AED 560,000, or AED 925 per sqft, 9% above the AED 849 studios in the building were fetching at the time.
It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 1 August 2026, is AED 49,000 a year: a gross yield of 8.8% on the 2017 price, before the service charge of about AED 14,500 a year.
Sales and rents for 509 over time
509 has sold twice; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in The Diamond, and where 509 sits
All 24 studios →509 last sold in June 2017 at AED 925 per sqft, 9% above what studios in The Diamond were fetching at the time (AED 849). Over the last 12 months studios sold for AED 400,000 to 585,000, around AED 966 per sqft, and rent for AED 36,004 to 53,000 a year. 509's AED 49,000 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 5 Aug 20265 August 2026 | 605 sqft | 450,000 | 743 | ||
| 24 Feb 202624 February 2026 | 377 sqft | 400,000 | 1,059 | ||
| 4 Dec 20254 December 2025 | 605 sqft | 585,000 | 966 | ||
| 18 Jun 202518 June 2025 | 605 sqft | 450,000 | 743 |
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 | |
| 505 | 1-bed | 735 sqft | AED 943KAED 943,028 · Jan 2018January 2018 | 55,000 /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, The Diamond in numbers
- Sold twice: first on 31 October 2010 for AED 658,213, last on 8 June 2017 for AED 560,000 (AED 925 per sqft).
- Rented since May 2013 on 10 Ejari contracts. The rent fell from AED 36,000 to AED 28,000 in 2022 and recovered to AED 49,000 by August 2026.
- At AED 49,000 a year the gross yield on the 2017 price is 8.8%, before a service charge of about AED 14,500 a year (AED 24.00 per sqft).
- Studios in The Diamond sold for AED 400,000–585,000 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 August 2026.
Questions about 509, The Diamond
What did unit 509 last sell for?
AED 560,000 on 8 June 2017: AED 925 per sqft for 605 sqft. The unit has 2 registered sales; the first was AED 658,213 in October 2010.
What is the rent for unit 509?
AED 49,000 a year on the contract renewed on 1 August 2026. The previous contract, from August 2025, was AED 49,000; the unit has been rented since May 2013.
How big is unit 509?
605 sqft (56.2 sqm): a studio on the 5th floor of a 14-storey tower completed in 2009.
What is unit 509 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in The Diamond sold for AED 400,000 to 585,000 in the last 12 months, around AED 966 per sqft.
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Mortgage on 509, The Diamond
Starts from the last sale price (AED 560K, 8 June 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 560,000
- Deposit, UAE resident (20%)
- AED 112,000
- Deposit, non-resident (40%)
- AED 224,000
- Monthly over 25 years at 3.7%
- AED 2,291
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →