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1-bed · 736 sqftDiamond Views 2, Jumeirah Village Circle (JVC) · 4th floor · completed 2009

407A, Diamond Views 2

Sold prices and rental history: sold 5 times, last in March 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407A · DLD and Ejari recordsUpdated 1 March 2024
Last soldAED 510K1 March 2024
Current rentAED 40K /yr1 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 407A, Diamond Views 2

What is 407A worth today?

Last sold for AED 510,000 in 2024

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1 Mar 2024SoldReady
AED 510,000AED 692 per sqft
1 Sep 2022RentedNew contract
AED 40,000/yr12 months · AED 54 per sqft
5 Sep 2020RentedNew contract
AED 39,000/yr12 months · AED 53 per sqft
20 Mar 2019SoldReady
AED 525,000AED 712 per sqft
4 Nov 2018RentedRenewal
AED 51,000/yr6 months · AED 70 per sqft
4 Nov 2017RentedRenewal
AED 61,500/yr12 months · AED 84 per sqft
4 Nov 2016RentedNew contract
AED 68,000/yr12 months · AED 93 per sqft
26 Jun 2016SoldReady
AED 655,000AED 889 per sqft

Source: Dubai Land Department. Updated 1 March 2024.

Key facts

Type
1-bed apartment
Size
736 sqft
Floor
4th of 4
Parking
B-112
Developer
Diamond Developers
Completed
2009
Service charge
AED 11,400 /yr
Last sold
AED 510K · March 2024
Building
Diamond Views 2

About 407A, Diamond Views 2

407A is a one-bedroom apartment of 736 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 1 March 2024 for AED 510,000, or AED 692 per sqft, 9% above the AED 635 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 1 September 2022, is AED 40,000 a year: a gross yield of 7.8% on the 2024 price, before the service charge of about AED 11,400 a year.

Sales and rents for 407A over time

Sales
Unit 407A, each saleTypical one-bed in Diamond Views 2
400K600K20102014201820222026Typical sale price by year: 2010 AED 489,773; 2011 AED 469,100; 2012 AED 495,325; 2013 AED 489,773; 2014 AED 500,000; 2015 AED 498,650; 2016 AED 660,000; 2017 AED 650,000; 2018 AED 625,000; 2019 AED 515,000; 2021 AED 404,000; 2022 AED 430,000; 2023 AED 468,000; 2024 AED 550,000; 2025 AED 730,000Sold by developer, February 2013: AED 489,773 (AED 665 per sqft)Sold, December 2013: AED 600,000 (AED 814 per sqft)Sold, June 2016: AED 655,000 (AED 889 per sqft)Sold, March 2019: AED 525,000 (AED 712 per sqft)Sold, March 2024: AED 510,000 (AED 692 per sqft)

407A has sold 5 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 407A, each contractTypical one-bed in Diamond Views 2
40K60K2012201620202024Typical rent by year: 2012 AED 33,500; 2013 AED 38,000; 2014 AED 49,000; 2015 AED 60,000; 2016 AED 60,000; 2017 AED 56,000; 2018 AED 50,000; 2019 AED 42,000; 2020 AED 35,000; 2021 AED 32,000; 2022 AED 36,000; 2023 AED 41,900; 2024 AED 50,000; 2025 AED 58,000; 2026 AED 57,000New contract, June 2013: AED 40,000 a yearNew contract, November 2016: AED 68,000 a yearRenewal, November 2017: AED 61,500 a yearRenewal, November 2018: AED 51,000 a yearNew contract, September 2020: AED 39,000 a yearNew contract, September 2022: AED 40,000 a year

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

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

All 89 1-beds →

407A last sold in March 2024 at AED 692 per sqft, 9% above what one-beds in Diamond Views 2 were fetching at the time (AED 635). Over the last 12 months one-beds sold for AED 650,000, around AED 878 per sqft, and rent for AED 44,000 to 82,000 a year. 407A's AED 40,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
26 Mar 2026650,000
29 Sep 2025750,000
26 Sep 2025750,000
26 Aug 2025640,000
1 1-bed sale 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
401A2-bedAED 750K · May 2022
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
1–7 of 29

407A, Diamond Views 2 in numbers

  • Sold 5 times: first on 11 February 2013 for AED 489,773, last on 1 March 2024 for AED 510,000 (AED 692 per sqft).
  • Rented since June 2013 on 6 Ejari contracts, at AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2024 price is 7.8%, before a service charge of about AED 11,400 a year (AED 15.51 per sqft).
  • One-beds in Diamond Views 2 sold for AED 650,000–650,000 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 1 March 2024.

Questions about 407A, Diamond Views 2

What did unit 407A last sell for?

AED 510,000 on 1 March 2024: AED 692 per sqft for 736 sqft. The unit has 5 registered sales; the first was AED 489,773 in February 2013.

What is the rent for unit 407A?

AED 40,000 a year on the contract signed on 1 September 2022. The previous contract, from September 2020, was AED 39,000; the unit has been rented since June 2013.

How big is unit 407A?

736 sqft (68.4 sqm): a one-bedroom apartment on the 4th floor of a 4-storey tower completed in 2009.

What is unit 407A worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Diamond Views 2 sold for AED 650,000 to 650,000 in the last 12 months, around AED 878 per sqft.

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Mortgage on 407A, Diamond Views 2

Starts from the last sale price (AED 510K, 1 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 510,000
Deposit, UAE resident (20%)
AED 102,000
Deposit, non-resident (40%)
AED 204,000
Monthly over 25 years at 3.7%
AED 2,087

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