Studio · 594 sqftDiamond Views 2, Jumeirah Village Circle (JVC) · 1st floor · completed 2009

123B, Diamond Views 2

Sold prices and rental history: sold once, by the developer in September 2013, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 123B · DLD and Ejari recordsUpdated 15 January 2026
Last soldAED 220K10 September 2013
Current rentAED 48K /yr15 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 123B, Diamond Views 2

What is 123B worth today?

Last sold for AED 220,000 in 2013

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15 Jan 2026RentedRenewal
AED 48,000/yr12 months · AED 81 per sqft
15 Jan 2025RentedRenewal
AED 43,000/yr12 months · AED 72 per sqft
15 Jan 2024RentedRenewal
AED 33,000/yr12 months · AED 56 per sqft
15 Jan 2023RentedRenewal
AED 26,000/yr12 months · AED 44 per sqft
15 Jan 2022RentedNew contract
AED 23,000/yr12 months · AED 39 per sqft
14 Jan 2021RentedNew contract
AED 21,000/yr12 months · AED 35 per sqft
22 May 2019RentedRenewal
AED 32,000/yr12 months · AED 54 per sqft
22 May 2018RentedRenewal
AED 32,000/yr12 months · AED 54 per sqft

Source: Dubai Land Department. Updated 15 January 2026.

Key facts

Type
Studio apartment
Size
594 sqft
Floor
1st of 4
Parking
B-13
Developer
Diamond Developers
Completed
2009
Service charge
AED 9,200 /yr
Last sold
AED 220K · September 2013

About 123B, Diamond Views 2

123B is a studio of 594 sqft on the 1st floor of Diamond Views 2, a 4-storey tower in Jumeirah Village Circle (JVC) completed in 2009 by Diamond Developers. The developer sold it on 10 September 2013 for AED 220,000, or AED 370 per sqft, 47% below the AED 704 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 11 Ejari contracts. The current contract, renewed on 15 January 2026, is AED 48,000 a year: a gross yield of 21.8% on the 2013 price, before the service charge of about AED 9,200 a year.

Sales and rents for 123B over time

Sales
Unit 123B, each saleTypical studio in Diamond Views 2
200K400K20102014201820222026Typical sale price by year: 2010 AED 321,704; 2011 AED 273,057; 2012 AED 291,943; 2013 AED 300,000; 2014 AED 420,000; 2015 AED 420,000; 2016 AED 300,000; 2017 AED 442,500; 2018 AED 339,265; 2021 AED 235,000; 2022 AED 272,500; 2023 AED 345,000; 2024 AED 400,000; 2025 AED 451,000Sold by developer, September 2013: AED 220,000 (AED 370 per sqft)

123B has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 123B, each contractTypical studio in Diamond Views 2
20K40K2012201620202024Typical rent by year: 2012 AED 23,000; 2013 AED 26,700; 2014 AED 32,000; 2015 AED 40,221; 2016 AED 42,631; 2017 AED 40,000; 2018 AED 35,000; 2019 AED 28,500; 2020 AED 25,000; 2021 AED 22,000; 2022 AED 25,000; 2023 AED 30,000; 2024 AED 34,707; 2025 AED 40,000; 2026 AED 40,000New contract, May 2015: AED 46,000 a yearRenewal, May 2016: AED 43,882 a yearRenewal, May 2017: AED 44,000 a yearRenewal, May 2018: AED 32,000 a yearRenewal, May 2019: AED 32,000 a yearNew contract, January 2021: AED 21,000 a yearNew contract, January 2022: AED 23,000 a yearRenewal, January 2023: AED 26,000 a yearRenewal, January 2024: AED 33,000 a yearRenewal, January 2025: AED 43,000 a yearRenewal, January 2026: AED 48,000 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 2, and where 123B sits

All 84 studios →

123B last sold in September 2013 at AED 370 per sqft, 47% below what studios in Diamond Views 2 were fetching at the time (AED 704). Over the last 12 months studios sold for AED 390,000 to 500,000, around AED 1,070 per sqft, and rent for AED 25,000 to 66,000 a year. 123B's AED 48,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
16 Oct 2026390,000
14 Jul 2026472,000
9 Dec 2025500,000
14 Nov 2025450,000
4 studio sales in the last 12 months

Diamond Views 2

Building

191 apartments, studios to 2-bed over 4 floors in Jumeirah Village Circle (JVC), completed in 2009 by Diamond Developers. 8 sold in the last 12 months.

Typical price per sqft
AED 1,026
Typical sale
AED 575K
Typical rent
AED 50K /yr
Typical yield
8.0%
Diamond Views 2, Jumeirah Village Circle (JVC): prices, sales and rents →

Other units on the 1st floor

All 191 units in Diamond Views 2
Value
101AStudioAED 350K · Nov 2015
101BStudioAED 460K · Oct 2025
102AStudioAED 500K · Dec 2025
102BStudioAED 316K · May 2013
103AStudioAED 265K · May 2013
103BStudioAED 322K · Jun 2010
104A1-bedAED 450K · Aug 2022
1–7 of 44

123B, Diamond Views 2 in numbers

  • Sold once: by Diamond Developers on 10 September 2013 for AED 220,000, or AED 370 per sqft.
  • Rented since May 2015 on 11 Ejari contracts. The rent fell from AED 46,000 to AED 21,000 in 2021 and recovered to AED 48,000 by January 2026.
  • At AED 48,000 a year the gross yield on the 2013 price is 21.8%, before a service charge of about AED 9,200 a year (AED 15.51 per sqft).
  • Studios in Diamond Views 2 sold for AED 390,000–500,000 in the 12 months to November 2026; the building's median across all types is AED 1,026 per sqft.

Source: Dubai Land Department. Updated 15 January 2026.

Questions about 123B, Diamond Views 2

What did unit 123B last sell for?

AED 220,000 on 10 September 2013, sold by the developer: AED 370 per sqft for 594 sqft. It is the only registered sale of the unit.

What is the rent for unit 123B?

AED 48,000 a year on the contract renewed on 15 January 2026. The previous contract, from January 2025, was AED 43,000; the unit has been rented since May 2015.

How big is unit 123B?

594 sqft (55.2 sqm): a studio on the 1st floor of a 4-storey tower completed in 2009.

What is unit 123B worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Diamond Views 2 sold for AED 390,000 to 500,000 in the last 12 months, around AED 1,070 per sqft.

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Mortgage on 123B, Diamond Views 2

Starts from the last sale price (AED 220K, 10 September 2013). Switch to today's estimate once you have unlocked it.
Price
AED 220,000
Deposit, UAE resident (20%)
AED 44,000
Deposit, non-resident (40%)
AED 88,000
Monthly over 25 years at 3.7%
AED 900

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