701, The Diamond
Sold prices and rental history: sold once, by the developer in October 2010, 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 701, The Diamond
What is 701 worth today?
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Source: Dubai Land Department. Updated 1 May 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,041 sqft
- Floor
- 7th of 14
- Parking
- B2/09
- Developer
- First Homes
- Completed
- 2009
- Service charge
- AED 25,000 /yr
- Last sold
- AED 1.26M · October 2010
- Building
- The Diamond
About 701, The Diamond
701 is a two-bedroom apartment of 1,041 sqft on the 7th floor of The Diamond, a 14-storey tower in Dubai Sports City completed in 2009 by First Homes. The developer sold it on 27 October 2010 for AED 1,263,309, or AED 1,213 per sqft, 5% below the AED 1,279 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 1 May 2025, is AED 62,489 a year: a gross yield of 5.0% on the 2010 price, before the service charge of about AED 25,000 a year.
Sales and rents for 701 over time
701 has sold once; the dashed line is the two-bed median of each year in the building.
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 701 sits
All 24 2-beds →701 last sold in October 2010 at AED 1,213 per sqft, 5% below what two-beds in The Diamond were fetching at the time (AED 1,279). 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. 701's AED 62,489 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 1 May 20261 May 2026 | 1,226 sqft | 800,000 | 652 | ||
| 22 Jan 202622 January 2026 | 1,063 sqft | 750,000 | 705 | ||
| 15 Jan 202615 January 2026 | 1,041 sqft | 800,000 | 768 | ||
| 8 Apr 20258 April 2025 | 1,188 sqft | 850,000 | 715 |
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 7th floor
All 128 units in The Diamond| ValueToday's value | |||||
|---|---|---|---|---|---|
| 702 | 2-bed | 1,063 sqft | AED 1.25MAED 1,249,999 · Apr 2025April 2025 | 75,000 /yr | |
| 703 | 1-bed | 712 sqft | AED 600KAED 600,000 · Oct 2013October 2013 | 45,000 /yr | |
| 704 | 1-bed | 787 sqft | AED 524KAED 524,000 · May 2025May 2025 | 55,000 /yr | |
| 705 | 1-bed | 735 sqft | AED 986KAED 985,505 · Oct 2010October 2010 | 52,000 /yr | |
| 706 | 1-bed | 750 sqft | AED 500KAED 500,000 · Jul 2024July 2024 | 68,000 /yr | |
| 707 | 1-bed | 851 sqft | AED 700KAED 700,000 · Jan 2015January 2015 | 52,410 /yr | |
| 708 | 1-bed | 824 sqft | AED 610KAED 610,000 · Jul 2025July 2025 | 65,000 /yr | |
| 709 | Studio | 605 sqft | AED 633KAED 632,563 · Oct 2010October 2010 | 51,000 /yr |
701, The Diamond in numbers
- Sold once: by First Homes on 27 October 2010 for AED 1,263,309, or AED 1,213 per sqft.
- Rented since June 2013 on 11 Ejari contracts. The rent fell from AED 56,700 to AED 42,000 in 2021 and recovered to AED 62,489 by May 2025.
- At AED 62,489 a year the gross yield on the 2010 price is 5.0%, before a service charge of about AED 25,000 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 May 2025.
Questions about 701, The Diamond
What did unit 701 last sell for?
AED 1,263,309 on 27 October 2010, sold by the developer: AED 1,213 per sqft for 1,041 sqft. It is the only registered sale of the unit.
What is the rent for unit 701?
AED 62,489 a year on the contract renewed on 1 May 2025. The previous contract, from May 2025, was AED 62,489; the unit has been rented since June 2013.
How big is unit 701?
1,041 sqft (96.7 sqm): a two-bedroom apartment on the 7th floor of a 14-storey tower completed in 2009.
What is unit 701 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 701, The Diamond
Starts from the last sale price (AED 1.26M, 27 October 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 1,263,309
- Deposit, UAE resident (20%)
- AED 252,662
- Deposit, non-resident (40%)
- AED 505,324
- Monthly over 25 years at 3.7%
- AED 5,169
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →