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Studio · 505 sqftDiamond Views 1, Jumeirah Village Circle (JVC) · 1st floor · completed 2009

111A, Diamond Views 1

Sold prices and rental history: sold twice, last in April 2014, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 111A · DLD and Ejari recordsUpdated 5 September 2018
Last soldAED 550K10 April 2014
Current rentAED 32K /yr5 September 2018
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 111A, Diamond Views 1

What is 111A worth today?

Last sold for AED 550,000 in 2014

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5 Sep 2018RentedNew contract
AED 32,000/yr12 months · AED 63 per sqft
7 Aug 2017RentedNew contract
AED 42,000/yr12 months · AED 83 per sqft
25 Jul 2017RentedNew contract
AED 40,000/yr12 months · AED 79 per sqft
10 Apr 2014SoldReady
AED 550,000AED 1,089 per sqft
22 Oct 2009Sold by developerReady
AED 345,980AED 685 per sqft

Source: Dubai Land Department. Updated 5 September 2018.

Key facts

Type
Studio apartment
Size
505 sqft
Floor
1st of 4
Parking
73 B
Developer
Diamond Developers
Completed
2009
Service charge
AED 7,400 /yr
Last sold
AED 550K · April 2014
Building
Diamond Views 1

About 111A, Diamond Views 1

111A is a studio of 505 sqft on the 1st floor of Diamond Views 1, a 4-storey tower in Jumeirah Village Circle (JVC) completed in 2009 by Diamond Developers. It last sold on 10 April 2014 for AED 550,000, or AED 1,089 per sqft, 60% above the AED 680 studios in the building were fetching at the time.

It has been rented since 2017 on 3 Ejari contracts. The current contract, signed on 5 September 2018, is AED 32,000 a year: a gross yield of 5.8% on the 2014 price, before the service charge of about AED 7,400 a year.

Sales and rents for 111A over time

Sales
Unit 111A, each saleTypical studio in Diamond Views 1
200K400K600K2009201420192024Typical sale price by year: 2009 AED 278,008; 2010 AED 273,584; 2011 AED 276,598; 2012 AED 276,598; 2013 AED 342,520; 2014 AED 350,000; 2015 AED 430,000; 2016 AED 447,500; 2020 AED 260,000; 2021 AED 242,000; 2022 AED 275,000; 2023 AED 355,000; 2024 AED 395,000; 2025 AED 505,000; 2026 AED 510,000Sold by developer, October 2009: AED 345,980 (AED 685 per sqft)Sold, April 2014: AED 550,000 (AED 1,089 per sqft)

111A has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 111A, each contractTypical studio in Diamond Views 1
20K40K2012201620202024Typical rent by year: 2012 AED 25,000; 2013 AED 32,000; 2014 AED 40,000; 2015 AED 45,000; 2016 AED 43,000; 2017 AED 42,000; 2018 AED 35,000; 2019 AED 30,000; 2020 AED 24,000; 2021 AED 21,000; 2022 AED 25,000; 2023 AED 30,000; 2024 AED 35,710; 2025 AED 40,000; 2026 AED 40,000New contract, July 2017: AED 40,000 a yearNew contract, August 2017: AED 42,000 a yearNew contract, September 2018: AED 32,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Diamond Views 1, and where 111A sits

All 84 studios →

111A last sold in April 2014 at AED 1,089 per sqft, 60% above what studios in Diamond Views 1 were fetching at the time (AED 680). Over the last 12 months studios sold for AED 400,000 to 600,000, around AED 994 per sqft, and rent for AED 25,000 to 70,000 a year. 111A's AED 32,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
2 Sep 2026600,000
23 Jul 2026510,000
15 May 2026434,263
23 Apr 2026440,000
11 studio sales in the last 12 months

Diamond Views 1

Building

183 apartments, studios to 3-bed over 4 floors in Jumeirah Village Circle (JVC), completed in 2009 by Diamond Developers. 19 sold in the last 12 months.

Typical price per sqft
AED 930 Up 1.5%
Typical sale
AED 585K
Typical rent
AED 51K /yr
Typical yield
8.8%
Diamond Views 1, Jumeirah Village Circle (JVC): prices, sales and rents →

Other units on the 1st floor

All 183 units in Diamond Views 1
Value
101A1-bedAED 655K · Oct 2017
101B1-bedAED 514K · Dec 2013
102A1-bedAED 400K · May 2022
102B1-bedAED 525K · Sep 2013
103A1-bedAED 400K · Aug 2022
103B1-bedAED 660K · Jul 2015
104A1-bedAED 385K · May 2021
1–7 of 45

111A, Diamond Views 1 in numbers

  • Sold twice: first on 22 October 2009 for AED 345,980, last on 10 April 2014 for AED 550,000 (AED 1,089 per sqft).
  • Rented since July 2017 on 3 Ejari contracts, from AED 40,000 to AED 32,000 a year.
  • At AED 32,000 a year the gross yield on the 2014 price is 5.8%, before a service charge of about AED 7,400 a year (AED 14.71 per sqft).
  • Studios in Diamond Views 1 sold for AED 400,000–600,000 in the 12 months to November 2026; the building's median across all types is AED 930 per sqft.

Source: Dubai Land Department. Updated 5 September 2018.

Questions about 111A, Diamond Views 1

What did unit 111A last sell for?

AED 550,000 on 10 April 2014: AED 1,089 per sqft for 505 sqft. The unit has 2 registered sales; the first was AED 345,980 in October 2009.

What is the rent for unit 111A?

AED 32,000 a year on the contract signed on 5 September 2018. The previous contract, from August 2017, was AED 42,000; the unit has been rented since July 2017.

How big is unit 111A?

505 sqft (46.9 sqm): a studio on the 1st floor of a 4-storey tower completed in 2009.

What is unit 111A worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Diamond Views 1 sold for AED 400,000 to 600,000 in the last 12 months, around AED 994 per sqft.

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Mortgage on 111A, Diamond Views 1

Starts from the last sale price (AED 550K, 10 April 2014). 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 →