Studio · 645 sqftDiamond Views 1, Jumeirah Village Circle (JVC) · 1st floor · completed 2009

116A, Diamond Views 1

Sold prices and rental history: sold once, by the developer in June 2013, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 116A · DLD and Ejari recordsUpdated 23 August 2026
Last soldAED 429K12 June 2013
Current rentAED 56K /yr23 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 116A, Diamond Views 1

What is 116A worth today?

Last sold for AED 429,065 in 2013

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23 Aug 2026RentedRenewal
AED 55,566/yr12 months · AED 86 per sqft
23 Aug 2025RentedNew contract
AED 52,920/yr12 months · AED 82 per sqft
23 Aug 2022RentedNew contract
AED 48,000/yr12 months · AED 74 per sqft
3 Feb 2022RentedNew contract
AED 47,743/yr6 months · AED 74 per sqft
10 Sep 2019RentedNew contract
AED 35,000/yr12 months · AED 54 per sqft
10 Jul 2018RentedNew contract
AED 47,000/yr12 months · AED 73 per sqft
15 Nov 2017RentedNew contract
AED 48,780/yr12 months · AED 76 per sqft
25 May 2016RentedNew contract
AED 58,000/yr12 months · AED 90 per sqft

Source: Dubai Land Department. Updated 23 August 2026.

Key facts

Type
Studio apartment
Size
645 sqft
Floor
1st of 4
Parking
68 B
Developer
Diamond Developers
Completed
2009
Service charge
AED 9,500 /yr
Last sold
AED 429K · June 2013

About 116A, Diamond Views 1

116A is a studio of 645 sqft on the 1st floor of Diamond Views 1, a 4-storey tower in Jumeirah Village Circle (JVC) completed in 2009 by Diamond Developers. The developer sold it on 12 June 2013 for AED 429,065, or AED 665 per sqft, in line with the AED 665 studios in the building were fetching at the time.

It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, renewed on 23 August 2026, is AED 55,566 a year: a gross yield of 13.0% on the 2013 price, before the service charge of about AED 9,500 a year.

Sales and rents for 116A over time

Sales
Unit 116A, each saleTypical studio in Diamond Views 1
200K400K2009201420192024Typical 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, June 2013: AED 429,065 (AED 665 per sqft)

116A has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 116A, each contractTypical studio in Diamond Views 1
20K40K60K2012201620202024Typical 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 2013: AED 43,000 a yearNew contract, December 2013: AED 55,000 a yearNew contract, December 2014: AED 55,000 a yearNew contract, May 2015: AED 58,000 a yearNew contract, May 2016: AED 58,000 a yearNew contract, November 2017: AED 48,780 a yearNew contract, July 2018: AED 47,000 a yearNew contract, September 2019: AED 35,000 a yearNew contract, February 2022: AED 47,743 a yearNew contract, August 2022: AED 48,000 a yearNew contract, August 2025: AED 52,920 a yearRenewal, August 2026: AED 55,566 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 116A sits

All 84 studios →

116A last sold in June 2013 at AED 665 per sqft, in line with what studios in Diamond Views 1 were fetching at the time (AED 665). 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. 116A's AED 55,566 is in the upper 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

116A, Diamond Views 1 in numbers

  • Sold once: by Diamond Developers on 12 June 2013 for AED 429,065, or AED 665 per sqft.
  • Rented since July 2013 on 12 Ejari contracts. The rent fell from AED 43,000 to AED 35,000 in 2019 and recovered to AED 55,566 by August 2026.
  • At AED 55,566 a year the gross yield on the 2013 price is 13.0%, before a service charge of about AED 9,500 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 23 August 2026.

Questions about 116A, Diamond Views 1

What did unit 116A last sell for?

AED 429,065 on 12 June 2013, sold by the developer: AED 665 per sqft for 645 sqft. It is the only registered sale of the unit.

What is the rent for unit 116A?

AED 55,566 a year on the contract renewed on 23 August 2026. The previous contract, from August 2025, was AED 52,920; the unit has been rented since July 2013.

How big is unit 116A?

645 sqft (59.9 sqm): a studio on the 1st floor of a 4-storey tower completed in 2009.

What is unit 116A 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 116A, Diamond Views 1

Starts from the last sale price (AED 429K, 12 June 2013). Switch to today's estimate once you have unlocked it.
Price
AED 429,065
Deposit, UAE resident (20%)
AED 85,813
Deposit, non-resident (40%)
AED 171,626
Monthly over 25 years at 3.7%
AED 1,755

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