2-bed · 1,378 sqftDiamond Views 1, Jumeirah Village Circle (JVC) · 4th floor · completed 2009

407B, Diamond Views 1

Sold prices and rental history: sold twice, last in November 2016, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407B · DLD and Ejari recordsUpdated 22 November 2016
Last soldAED 920K22 November 2016
Current rentAED 90K /yr25 July 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407B, Diamond Views 1

What is 407B worth today?

Last sold for AED 920,000 in 2016

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22 Nov 2016SoldReady
AED 920,000AED 667 per sqft
25 Jul 2016RentedRenewal
AED 90,000/yr12 months · AED 65 per sqft
25 Jul 2015RentedNew contract
AED 90,000/yr12 months · AED 65 per sqft
24 Oct 2010Sold by developerReady
AED 650,000AED 471 per sqft

Source: Dubai Land Department. Updated 22 November 2016.

Key facts

Type
2-bed apartment
Size
1,378 sqft
Floor
4th of 4
Parking
115 B
Developer
Diamond Developers
Completed
2009
Service charge
AED 20,300 /yr
Last sold
AED 920K · November 2016

About 407B, Diamond Views 1

407B is a two-bedroom apartment of 1,378 sqft on the 4th floor of Diamond Views 1, a 4-storey tower in Jumeirah Village Circle (JVC) completed in 2009 by Diamond Developers. It last sold on 22 November 2016 for AED 920,000, or AED 667 per sqft.

It has been rented since 2015 on 2 Ejari contracts. The current contract, renewed on 25 July 2016, is AED 90,000 a year: a gross yield of 9.8% on the 2016 price, before the service charge of about AED 20,300 a year.

Sales and rents for 407B over time

Rents
Unit 407B, each contractTypical two-bed in Diamond Views 1
60K80K20152018202120242027Typical rent by year: 2015 AED 68,000; 2016 AED 85,000; 2019 AED 56,000; 2026 AED 75,000New contract, July 2015: AED 90,000 a yearRenewal, July 2016: AED 90,000 a year

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

2-beds in Diamond Views 1, and where 407B sits

All 4 2-beds →

Over the last 12 months two-beds sold for AED 1,077,293, around AED 781 per sqft, and rent for AED 57,000 to 80,000 a year. 407B's AED 90,000 is at the top of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
9 Jul 20261,077,293
10 Sep 2014690,049
4 Dec 2013622,128
3 Oct 2013690,049
1 2-bed sale 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 4th floor

All 183 units in Diamond Views 1
Value
401A1-bedAED 660K · Apr 2013
401B1-bedAED 820K · Dec 2024
402A1-bedAED 515K · Nov 2009
402B1-bedAED 690K · Mar 2010
403A1-bedAED 670K · Aug 2024
403B1-bedAED 650K · May 2025
404A1-bedAED 474K · Apr 2013
1–7 of 21

407B, Diamond Views 1 in numbers

  • Sold twice: first on 24 October 2010 for AED 650,000, last on 22 November 2016 for AED 920,000 (AED 667 per sqft).
  • Rented since July 2015 on 2 Ejari contracts, at AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2016 price is 9.8%, before a service charge of about AED 20,300 a year (AED 14.71 per sqft).
  • Two-beds in Diamond Views 1 sold for AED 1,077,293–1,077,293 in the 12 months to November 2026; the building's median across all types is AED 930 per sqft.

Source: Dubai Land Department. Updated 22 November 2016.

Questions about 407B, Diamond Views 1

What did unit 407B last sell for?

AED 920,000 on 22 November 2016: AED 667 per sqft for 1,378 sqft. The unit has 2 registered sales; the first was AED 650,000 in October 2010.

What is the rent for unit 407B?

AED 90,000 a year on the contract renewed on 25 July 2016. The previous contract, from July 2015, was AED 90,000.

How big is unit 407B?

1,378 sqft (128.0 sqm): a two-bedroom apartment on the 4th floor of a 4-storey tower completed in 2009.

What is unit 407B worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Diamond Views 1 sold for AED 1,077,293 to 1,077,293 in the last 12 months, around AED 781 per sqft.

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Mortgage on 407B, Diamond Views 1

Starts from the last sale price (AED 920K, 22 November 2016). Switch to today's estimate once you have unlocked it.
Price
AED 920,000
Deposit, UAE resident (20%)
AED 184,000
Deposit, non-resident (40%)
AED 368,000
Monthly over 25 years at 3.7%
AED 3,764

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