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2-bed · 1,158 sqftDiamond Views 2, Jumeirah Village Circle (JVC) · 3rd floor · completed 2009

308A, Diamond Views 2

Sold prices and rental history: sold twice, last in March 2016, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 308A · DLD and Ejari recordsUpdated 24 March 2016
Last soldAED 1M24 March 2016
Current rentAED 55K /yr24 October 2014
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 308A, Diamond Views 2

What is 308A worth today?

Last sold for AED 1,000,000 in 2016

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24 Mar 2016SoldReady
AED 1,000,000AED 863 per sqft
24 Oct 2014RentedRenewal
AED 55,000/yr12 months · AED 47 per sqft
24 Oct 2013RentedNew contract
AED 47,250/yr12 months · AED 41 per sqft
30 Apr 2012Sold by developerReady
AED 747,078AED 645 per sqft

Source: Dubai Land Department. Updated 24 March 2016.

Key facts

Type
2-bed apartment
Size
1,158 sqft
Floor
3rd of 4
Parking
B-67
Developer
Diamond Developers
Completed
2009
Service charge
AED 18,000 /yr
Last sold
AED 1M · March 2016
Building
Diamond Views 2

About 308A, Diamond Views 2

308A is a two-bedroom apartment of 1,158 sqft on the 3rd floor of Diamond Views 2, a 4-storey tower in Jumeirah Village Circle (JVC) completed in 2009 by Diamond Developers. It last sold on 24 March 2016 for AED 1,000,000, or AED 863 per sqft.

It has been rented since 2013 on 2 Ejari contracts. The current contract, renewed on 24 October 2014, is AED 55,000 a year: a gross yield of 5.5% on the 2016 price, before the service charge of about AED 18,000 a year.

Sales and rents for 308A over time

Sales
Unit 308A, each saleTypical two-bed in Diamond Views 2
750K1M1.25M2010201520202025Typical sale price by year: 2010 AED 743,143; 2012 AED 745,722; 2013 AED 739,918; 2014 AED 1,100,000; 2016 AED 900,000; 2022 AED 745,000; 2023 AED 695,000; 2026 AED 1,235,000Sold by developer, April 2012: AED 747,078 (AED 645 per sqft)Sold, March 2016: AED 1,000,000 (AED 863 per sqft)

308A has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 308A, each contractTypical two-bed in Diamond Views 2
40K60K80K2013201720212025Typical rent by year: 2013 AED 55,000; 2014 AED 65,500; 2015 AED 84,000; 2016 AED 89,000; 2017 AED 77,693; 2018 AED 70,000; 2019 AED 65,000; 2020 AED 57,000; 2021 AED 48,000; 2022 AED 56,000; 2023 AED 75,000; 2024 AED 80,000; 2025 AED 86,250; 2026 AED 81,000New contract, October 2013: AED 47,250 a yearRenewal, October 2014: AED 55,000 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 2, and where 308A sits

All 18 2-beds →

Over the last 12 months two-beds sold for AED 1,200,000 to 1,240,000, around AED 1,036 per sqft, and rent for AED 80,000 to 90,000 a year. 308A's AED 55,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
11 Aug 20261,235,000
29 Jul 20261,200,000
29 Jul 20261,240,000
11 Aug 20251,300,000
3 2-bed 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
302AStudioAED 323K · Oct 2010
302BStudioAED 305K · Apr 2013
303AStudioAED 330K · Mar 2013
303BStudioAED 300K · Oct 2018
304A1-bedAED 365K · Feb 2013
1–7 of 45

308A, Diamond Views 2 in numbers

  • Sold twice: first on 30 April 2012 for AED 747,078, last on 24 March 2016 for AED 1,000,000 (AED 863 per sqft).
  • Rented since October 2013 on 2 Ejari contracts, from AED 47,250 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2016 price is 5.5%, before a service charge of about AED 18,000 a year (AED 15.51 per sqft).
  • Two-beds in Diamond Views 2 sold for AED 1,200,000–1,240,000 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 24 March 2016.

Questions about 308A, Diamond Views 2

What did unit 308A last sell for?

AED 1,000,000 on 24 March 2016: AED 863 per sqft for 1,158 sqft. The unit has 2 registered sales; the first was AED 747,078 in April 2012.

What is the rent for unit 308A?

AED 55,000 a year on the contract renewed on 24 October 2014. The previous contract, from October 2013, was AED 47,250.

How big is unit 308A?

1,158 sqft (107.6 sqm): a two-bedroom apartment on the 3rd floor of a 4-storey tower completed in 2009.

What is unit 308A 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 2 sold for AED 1,200,000 to 1,240,000 in the last 12 months, around AED 1,036 per sqft.

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Mortgage on 308A, Diamond Views 2

Starts from the last sale price (AED 1M, 24 March 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

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