2-bed · 1,645 sqftDiamond Views 2, Jumeirah Village Circle (JVC) · 4th floor · completed 2009

401A, Diamond Views 2

Sold prices and rental history: sold twice, last in May 2022, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 401A · DLD and Ejari recordsUpdated 9 May 2022
Last soldAED 750K9 May 2022
Current rentAED 56K /yr1 April 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 401A, Diamond Views 2

What is 401A worth today?

Last sold for AED 750,000 in 2022

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9 May 2022SoldReady
AED 750,000AED 455 per sqft
1 Apr 2022RentedNew contract
AED 56,000/yr12 months · AED 34 per sqft
1 Apr 2021RentedNew contract
AED 55,000/yr12 months · AED 33 per sqft
10 Jul 2019RentedNew contract
AED 75,000/yr12 months · AED 46 per sqft
10 Jul 2017RentedRenewal
AED 79,786/yr12 months · AED 48 per sqft
10 Jul 2016RentedNew contract
AED 88,000/yr12 months · AED 53 per sqft
3 Mar 2013Sold by developerReady
AED 813,900AED 494 per sqft

Source: Dubai Land Department. Updated 9 May 2022.

Key facts

Type
2-bed apartment
Size
1,645 sqft
Floor
4th of 4
Parking
B-106
Developer
Diamond Developers
Completed
2009
Service charge
AED 25,500 /yr
Last sold
AED 750K · May 2022

About 401A, Diamond Views 2

401A is a two-bedroom apartment of 1,645 sqft on the 4th floor of Diamond Views 2, a 4-storey tower in Jumeirah Village Circle (JVC) completed in 2009 by Diamond Developers. It last sold on 9 May 2022 for AED 750,000, or AED 455 per sqft, 6% below the AED 482 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, signed on 1 April 2022, is AED 56,000 a year: a gross yield of 7.5% on the 2022 price, before the service charge of about AED 25,500 a year.

Sales and rents for 401A over time

Sales
Unit 401A, 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, March 2013: AED 813,900 (AED 494 per sqft)Sold, May 2022: AED 750,000 (AED 455 per sqft)

401A has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 401A, each contractTypical two-bed in Diamond Views 2
60K80K2013201720212025Typical 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, July 2016: AED 88,000 a yearRenewal, July 2017: AED 79,786 a yearNew contract, July 2019: AED 75,000 a yearNew contract, April 2021: AED 55,000 a yearNew contract, April 2022: AED 56,000 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 401A sits

All 18 2-beds →

401A last sold in May 2022 at AED 455 per sqft, 6% below what two-beds in Diamond Views 2 were fetching at the time (AED 482). 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. 401A's AED 56,000 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 4th floor

All 191 units in Diamond Views 2
Value
401B2-bedAED 1.25M · Apr 2025
402A1-bedAED 563K · Oct 2013
402B1-bedAED 700K · Oct 2023
403A1-bedAED 563K · Oct 2013
403B1-bedAED 563K · Nov 2015
404A2-bedAED 1.3M · Aug 2025
404B2-bedAED 1.24M · Jul 2026
1–7 of 29

401A, Diamond Views 2 in numbers

  • Sold twice: first on 3 March 2013 for AED 813,900, last on 9 May 2022 for AED 750,000 (AED 455 per sqft).
  • Rented since July 2016 on 5 Ejari contracts, from AED 88,000 to AED 56,000 a year.
  • At AED 56,000 a year the gross yield on the 2022 price is 7.5%, before a service charge of about AED 25,500 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 9 May 2022.

Questions about 401A, Diamond Views 2

What did unit 401A last sell for?

AED 750,000 on 9 May 2022: AED 455 per sqft for 1,645 sqft. The unit has 2 registered sales; the first was AED 813,900 in March 2013.

What is the rent for unit 401A?

AED 56,000 a year on the contract signed on 1 April 2022. The previous contract, from April 2021, was AED 55,000; the unit has been rented since July 2016.

How big is unit 401A?

1,645 sqft (152.8 sqm): a two-bedroom apartment on the 4th floor of a 4-storey tower completed in 2009.

What is unit 401A 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 401A, Diamond Views 2

Starts from the last sale price (AED 750K, 9 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 750,000
Deposit, UAE resident (20%)
AED 150,000
Deposit, non-resident (40%)
AED 300,000
Monthly over 25 years at 3.7%
AED 3,068

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