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Studio · 402 sqftDiamond Views 1, Jumeirah Village Circle (JVC) · 1st floor · completed 2009

118B, Diamond Views 1

Sold prices and rental history: sold 3 times, last in March 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 118B · DLD and Ejari recordsUpdated 1 December 2025
Last soldAED 390K4 March 2024
Current rentAED 52K /yr1 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 118B, Diamond Views 1

What is 118B worth today?

Last sold for AED 390,000 in 2024

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1 Dec 2025RentedNew contract
AED 52,000/yr12 months · AED 129 per sqft
1 Sep 2025RentedRenewal
AED 48,000/yr3 months · AED 119 per sqft
1 Mar 2025RentedRenewal
AED 16,000/yr18 months · AED 40 per sqft
1 Mar 2025RentedRenewal
AED 16,000/yr18 months · AED 40 per sqft
1 Mar 2025RentedNew contract
AED 48,000/yr6 months · AED 119 per sqft
1 Mar 2025RentedNew contract
AED 48,000/yr6 months · AED 119 per sqft
1 Sep 2024RentedNew contract
AED 48,000/yr6 months · AED 119 per sqft
4 Mar 2024SoldReady
AED 390,000AED 970 per sqft

Source: Dubai Land Department. Updated 1 December 2025.

Key facts

Type
Studio apartment
Size
402 sqft
Floor
1st of 4
Parking
43 B
Developer
Diamond Developers
Completed
2009
Service charge
AED 5,900 /yr
Last sold
AED 390K · March 2024
Building
Diamond Views 1

About 118B, Diamond Views 1

118B is a studio of 402 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 4 March 2024 for AED 390,000, or AED 970 per sqft, 19% above the AED 815 studios in the building were fetching at the time.

It has been rented continuously since 2014 on 14 Ejari contracts. The current contract, signed on 1 December 2025, is AED 52,000 a year: a gross yield of 13.3% on the 2024 price, before the service charge of about AED 5,900 a year.

Sales and rents for 118B over time

Sales
Unit 118B, 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, March 2013: AED 273,584 (AED 680 per sqft)Sold, June 2019: AED 225,000 (AED 559 per sqft)Sold, March 2024: AED 390,000 (AED 970 per sqft)

118B has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 118B, 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, December 2014: AED 42,000 a yearNew contract, April 2016: AED 41,000 a yearNew contract, December 2018: AED 32,000 a yearNew contract, December 2019: AED 25,000 a yearNew contract, February 2021: AED 19,000 a yearNew contract, July 2022: AED 24,000 a yearNew contract, January 2023: AED 32,000 a yearNew contract, September 2024: AED 48,000 a yearRenewal, March 2025: AED 16,000 a yearRenewal, March 2025: AED 16,000 a yearNew contract, March 2025: AED 48,000 a yearNew contract, March 2025: AED 48,000 a yearRenewal, September 2025: AED 48,000 a yearNew contract, December 2025: AED 52,000 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 118B sits

All 84 studios →

118B last sold in March 2024 at AED 970 per sqft, 19% above what studios in Diamond Views 1 were fetching at the time (AED 815). 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. 118B's AED 52,000 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

118B, Diamond Views 1 in numbers

  • Sold 3 times: first on 10 March 2013 for AED 273,584, last on 4 March 2024 for AED 390,000 (AED 970 per sqft).
  • Rented since December 2014 on 14 Ejari contracts. The rent fell from AED 42,000 to AED 16,000 in 2025 and recovered to AED 52,000 by December 2025.
  • At AED 52,000 a year the gross yield on the 2024 price is 13.3%, before a service charge of about AED 5,900 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 1 December 2025.

Questions about 118B, Diamond Views 1

What did unit 118B last sell for?

AED 390,000 on 4 March 2024: AED 970 per sqft for 402 sqft. The unit has 3 registered sales; the first was AED 273,584 in March 2013.

What is the rent for unit 118B?

AED 52,000 a year on the contract signed on 1 December 2025. The previous contract, from September 2025, was AED 48,000; the unit has been rented since December 2014.

How big is unit 118B?

402 sqft (37.3 sqm): a studio on the 1st floor of a 4-storey tower completed in 2009.

What is unit 118B 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 118B, Diamond Views 1

Starts from the last sale price (AED 390K, 4 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 390,000
Deposit, UAE resident (20%)
AED 78,000
Deposit, non-resident (40%)
AED 156,000
Monthly over 25 years at 3.7%
AED 1,596

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