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Studio · 429 sqftDiamond Views 2, Jumeirah Village Circle (JVC) · 3rd floor · completed 2009

302A, Diamond Views 2

Sold prices and rental history: sold once, by the developer in October 2010, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 302A · DLD and Ejari recordsUpdated 25 November 2024
Last soldAED 323K24 October 2010
Current rentAED 40K /yr25 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 302A, Diamond Views 2

What is 302A worth today?

Last sold for AED 323,265 in 2010

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25 Nov 2024RentedNew contract
AED 39,600/yr12 months · AED 92 per sqft
25 Nov 2023RentedNew contract
AED 36,000/yr12 months · AED 84 per sqft
1 Dec 2022RentedRenewal
AED 24,000/yr12 months · AED 56 per sqft
1 Dec 2021RentedRenewal
AED 20,000/yr12 months · AED 46 per sqft
1 Dec 2020RentedNew contract
AED 20,000/yr12 months · AED 46 per sqft
20 Oct 2017RentedNew contract
AED 38,000/yr12 months · AED 88 per sqft
24 Oct 2010Sold by developerReady
AED 323,265AED 754 per sqft

Source: Dubai Land Department. Updated 25 November 2024.

Key facts

Type
Studio apartment
Size
429 sqft
Floor
3rd of 4
Parking
B-61
Developer
Diamond Developers
Completed
2009
Service charge
AED 6,600 /yr
Last sold
AED 323K · October 2010
Building
Diamond Views 2

About 302A, Diamond Views 2

302A is a studio of 429 sqft on the 3rd 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 24 October 2010 for AED 323,265, or AED 754 per sqft, 3% above the AED 731 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, signed on 25 November 2024, is AED 39,600 a year: a gross yield of 12.3% on the 2010 price, before the service charge of about AED 6,600 a year.

Sales and rents for 302A over time

Sales
Unit 302A, each saleTypical studio in Diamond Views 2
200K300K400K20102014201820222026Typical 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, October 2010: AED 323,265 (AED 754 per sqft)

302A has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 302A, 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, October 2017: AED 38,000 a yearNew contract, December 2020: AED 20,000 a yearRenewal, December 2021: AED 20,000 a yearRenewal, December 2022: AED 24,000 a yearNew contract, November 2023: AED 36,000 a yearNew contract, November 2024: AED 39,600 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 302A sits

All 84 studios →

302A last sold in October 2010 at AED 754 per sqft, 3% above what studios in Diamond Views 2 were fetching at the time (AED 731). 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. 302A's AED 39,600 is in the lower 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 3rd floor

All 191 units in Diamond Views 2
Value
301AStudioAED 323K · Oct 2010
301BStudioAED 250K · May 2015
302BStudioAED 305K · Apr 2013
303AStudioAED 330K · Mar 2013
303BStudioAED 300K · Oct 2018
304A1-bedAED 365K · Feb 2013
304B1-bedAED 451K · Nov 2015
1–7 of 45

302A, Diamond Views 2 in numbers

  • Sold once: by Diamond Developers on 24 October 2010 for AED 323,265, or AED 754 per sqft.
  • Rented since October 2017 on 6 Ejari contracts. The rent fell from AED 38,000 to AED 20,000 in 2021 and recovered to AED 39,600 by November 2024.
  • At AED 39,600 a year the gross yield on the 2010 price is 12.3%, before a service charge of about AED 6,600 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 25 November 2024.

Questions about 302A, Diamond Views 2

What did unit 302A last sell for?

AED 323,265 on 24 October 2010, sold by the developer: AED 754 per sqft for 429 sqft. It is the only registered sale of the unit.

What is the rent for unit 302A?

AED 39,600 a year on the contract signed on 25 November 2024. The previous contract, from November 2023, was AED 36,000; the unit has been rented since October 2017.

How big is unit 302A?

429 sqft (39.9 sqm): a studio on the 3rd floor of a 4-storey tower completed in 2009.

What is unit 302A 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 302A, Diamond Views 2

Starts from the last sale price (AED 323K, 24 October 2010). Switch to today's estimate once you have unlocked it.
Price
AED 323,265
Deposit, UAE resident (20%)
AED 64,653
Deposit, non-resident (40%)
AED 129,306
Monthly over 25 years at 3.7%
AED 1,323

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