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Studio · 505 sqftDiamond Views 1, Jumeirah Village Circle (JVC) · 3rd floor · completed 2009

311B, Diamond Views 1

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

Unit 311B · DLD and Ejari recordsUpdated 20 August 2026
Last soldAED 440K10 October 2017
Current rentAED 40K /yr20 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 311B, Diamond Views 1

What is 311B worth today?

Last sold for AED 440,000 in 2017

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20 Aug 2026RentedRenewal
AED 40,000/yr12 months · AED 79 per sqft
20 Aug 2025RentedNew contract
AED 40,000/yr12 months · AED 79 per sqft
15 Jan 2025RentedRenewal
AED 39,900/yr12 months · AED 79 per sqft
15 Jan 2024RentedNew contract
AED 38,000/yr12 months · AED 75 per sqft
15 Jan 2023RentedRenewal
AED 27,600/yr12 months · AED 55 per sqft
15 Jan 2022RentedNew contract
AED 24,000/yr12 months · AED 48 per sqft
15 Jan 2021RentedNew contract
AED 20,000/yr12 months · AED 40 per sqft
10 Oct 2017SoldReady
AED 440,000AED 871 per sqft

Source: Dubai Land Department. Updated 20 August 2026.

Key facts

Type
Studio apartment
Size
505 sqft
Floor
3rd of 4
Parking
131 B
Developer
Diamond Developers
Completed
2009
Service charge
AED 7,400 /yr
Last sold
AED 440K · October 2017
Building
Diamond Views 1

About 311B, Diamond Views 1

311B is a studio of 505 sqft on the 3rd 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 October 2017 for AED 440,000, or AED 871 per sqft, 21% below the AED 1,100 studios in the building were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, renewed on 20 August 2026, is AED 40,000 a year: a gross yield of 9.1% on the 2017 price, before the service charge of about AED 7,400 a year.

Sales and rents for 311B over time

Sales
Unit 311B, 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 2010: AED 310,000 (AED 613 per sqft)Sold, October 2017: AED 440,000 (AED 871 per sqft)

311B has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 311B, 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 46,000 a yearNew contract, May 2017: AED 40,000 a yearNew contract, January 2021: AED 20,000 a yearNew contract, January 2022: AED 24,000 a yearRenewal, January 2023: AED 27,600 a yearNew contract, January 2024: AED 38,000 a yearRenewal, January 2025: AED 39,900 a yearNew contract, August 2025: AED 40,000 a yearRenewal, August 2026: AED 40,000 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 311B sits

All 84 studios →

311B last sold in October 2017 at AED 871 per sqft, 21% below what studios in Diamond Views 1 were fetching at the time (AED 1,100). 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. 311B's AED 40,000 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 3rd floor

All 183 units in Diamond Views 1
Value
301A1-bedAED 900K · Jul 2025
301B1-bedAED 560K · Jun 2022
302A1-bedAED 485K · Jan 2023
302B1-bedAED 330K · Sep 2014
303A1-bedAED 495K · Sep 2023
303B1-bedAED 660K · Jun 2015
304A1-bedAED 330K · Sep 2013
1–7 of 45

311B, Diamond Views 1 in numbers

  • Sold twice: first on 23 March 2010 for AED 310,000, last on 10 October 2017 for AED 440,000 (AED 871 per sqft).
  • Rented since December 2014 on 9 Ejari contracts. The rent fell from AED 46,000 to AED 20,000 in 2021 and recovered to AED 40,000 by August 2026.
  • At AED 40,000 a year the gross yield on the 2017 price is 9.1%, 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 20 August 2026.

Questions about 311B, Diamond Views 1

What did unit 311B last sell for?

AED 440,000 on 10 October 2017: AED 871 per sqft for 505 sqft. The unit has 2 registered sales; the first was AED 310,000 in March 2010.

What is the rent for unit 311B?

AED 40,000 a year on the contract renewed on 20 August 2026. The previous contract, from August 2025, was AED 40,000; the unit has been rented since December 2014.

How big is unit 311B?

505 sqft (46.9 sqm): a studio on the 3rd floor of a 4-storey tower completed in 2009.

What is unit 311B 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 311B, Diamond Views 1

Starts from the last sale price (AED 440K, 10 October 2017). Switch to today's estimate once you have unlocked it.
Price
AED 440,000
Deposit, UAE resident (20%)
AED 88,000
Deposit, non-resident (40%)
AED 176,000
Monthly over 25 years at 3.7%
AED 1,800

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