Studio · 402 sqftDiamond Views 1, Jumeirah Village Circle (JVC) · 2nd floor · completed 2009

220B, Diamond Views 1

Sold prices and rental history: sold once, by the developer in October 2011, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 220B · DLD and Ejari recordsUpdated 10 April 2024
Last soldAED 276K25 October 2011
Current rentAED 34K /yr10 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 220B, Diamond Views 1

What is 220B worth today?

Last sold for AED 275,596 in 2011

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10 Apr 2024RentedNew contract
AED 34,000/yr12 months · AED 85 per sqft
1 Jun 2022RentedNew contract
AED 22,000/yr12 months · AED 55 per sqft
15 Feb 2021RentedRenewal
AED 20,000/yr12 months · AED 50 per sqft
15 Feb 2020RentedNew contract
AED 22,000/yr12 months · AED 55 per sqft
5 Dec 2018RentedNew contract
AED 30,000/yr12 months · AED 75 per sqft
4 Mar 2016RentedNew contract
AED 36,000/yr12 months · AED 90 per sqft
25 Oct 2011Sold by developerReady
AED 275,596AED 685 per sqft

Source: Dubai Land Department. Updated 10 April 2024.

Key facts

Type
Studio apartment
Size
402 sqft
Floor
2nd of 4
Parking
36 G
Developer
Diamond Developers
Completed
2009
Service charge
AED 5,900 /yr
Last sold
AED 276K · October 2011

About 220B, Diamond Views 1

220B is a studio of 402 sqft on the 2nd 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 25 October 2011 for AED 275,596, or AED 685 per sqft, in line with the AED 685 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, signed on 10 April 2024, is AED 34,000 a year: a gross yield of 12.3% on the 2011 price, before the service charge of about AED 5,900 a year.

Sales and rents for 220B over time

Sales
Unit 220B, 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, October 2011: AED 275,596 (AED 685 per sqft)

220B has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 220B, 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, March 2016: AED 36,000 a yearNew contract, December 2018: AED 30,000 a yearNew contract, February 2020: AED 22,000 a yearRenewal, February 2021: AED 20,000 a yearNew contract, June 2022: AED 22,000 a yearNew contract, April 2024: AED 34,000 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 220B sits

All 84 studios →

220B last sold in October 2011 at AED 685 per sqft, in line with what studios in Diamond Views 1 were fetching at the time (AED 685). 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. 220B's AED 34,000 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 2nd floor

All 183 units in Diamond Views 1
Value
201A1-bedAED 720K · Jul 2013
201B1-bedAED 630K · Dec 2013
202A1-bedAED 650K · Apr 2017
202B1-bedAED 400K · Oct 2021
203A1-bedAED 365K · May 2021
203B1-bedAED 660K · Jun 2016
204B1-bedAED 650K · Jul 2018
1–7 of 44

220B, Diamond Views 1 in numbers

  • Sold once: by Diamond Developers on 25 October 2011 for AED 275,596, or AED 685 per sqft.
  • Rented since March 2016 on 6 Ejari contracts. The rent fell from AED 36,000 to AED 20,000 in 2021 and recovered to AED 34,000 by April 2024.
  • At AED 34,000 a year the gross yield on the 2011 price is 12.3%, 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 10 April 2024.

Questions about 220B, Diamond Views 1

What did unit 220B last sell for?

AED 275,596 on 25 October 2011, sold by the developer: AED 685 per sqft for 402 sqft. It is the only registered sale of the unit.

What is the rent for unit 220B?

AED 34,000 a year on the contract signed on 10 April 2024. The previous contract, from June 2022, was AED 22,000; the unit has been rented since March 2016.

How big is unit 220B?

402 sqft (37.3 sqm): a studio on the 2nd floor of a 4-storey tower completed in 2009.

What is unit 220B 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 220B, Diamond Views 1

Starts from the last sale price (AED 276K, 25 October 2011). Switch to today's estimate once you have unlocked it.
Price
AED 275,596
Deposit, UAE resident (20%)
AED 55,119
Deposit, non-resident (40%)
AED 110,238
Monthly over 25 years at 3.7%
AED 1,128

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