2-bed · 1,881 sqftDiamond Views 2, Jumeirah Village Circle (JVC) · Ground floor · completed 2009

G07B, Diamond Views 2

Sold prices and rental history: sold once, by the developer in June 2011, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G07B · DLD and Ejari recordsUpdated 1 May 2017
Last soldAED 848K28 June 2011
Current rentAED 48K /yr1 May 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G07B, Diamond Views 2

What is G07B worth today?

Last sold for AED 848,311 in 2011

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1 May 2017RentedNew contract
AED 48,300/yr12 months · AED 26 per sqft
10 Mar 2015RentedNew contract
AED 50,000/yr24 months · AED 27 per sqft
14 Mar 2014RentedNew contract
AED 45,000/yr12 months · AED 24 per sqft
15 Mar 2013RentedNew contract
AED 40,000/yr12 months · AED 21 per sqft
28 Jun 2011Sold by developerReady
AED 848,311AED 450 per sqft

Source: Dubai Land Department. Updated 1 May 2017.

Key facts

Type
2-bed apartment
Size
1,881 sqft
Floor
Ground of 4
Parking
G-19
Developer
Diamond Developers
Completed
2009
Service charge
AED 29,200 /yr
Last sold
AED 848K · June 2011

About G07B, Diamond Views 2

G07B is a two-bedroom apartment of 1,881 sqft on the ground 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 28 June 2011 for AED 848,311, or AED 450 per sqft, 28% below the AED 625 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 1 May 2017, is AED 48,300 a year: a gross yield of 5.7% on the 2011 price, before the service charge of about AED 29,200 a year.

Sales and rents for G07B over time

Sales
Unit G07B, 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, June 2011: AED 848,311 (AED 450 per sqft)

G07B has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit G07B, each contractTypical two-bed in Diamond Views 2
50K75K2013201720212025Typical 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, March 2013: AED 40,000 a yearNew contract, March 2014: AED 45,000 a yearNew contract, March 2015: AED 50,000 a yearNew contract, May 2017: AED 48,300 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 G07B sits

All 18 2-beds →

G07B last sold in June 2011 at AED 450 per sqft, 28% below what two-beds in Diamond Views 2 were fetching at the time (AED 625). 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. G07B's AED 48,300 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 ground floor

All 191 units in Diamond Views 2
Value
G01AStudioAED 425K · Jul 2014
G01BStudioAED 345K · Mar 2013
G02AStudioAED 420K · May 2014
G02BStudioAED 344K · Mar 2013
G03AStudioAED 330K · Nov 2022
G03BStudioAED 245K · Mar 2013
G04A1-bedAED 518K · Aug 2010
1–7 of 24

G07B, Diamond Views 2 in numbers

  • Sold once: by Diamond Developers on 28 June 2011 for AED 848,311, or AED 450 per sqft.
  • Rented since March 2013 on 4 Ejari contracts, from AED 40,000 to AED 48,300 a year.
  • At AED 48,300 a year the gross yield on the 2011 price is 5.7%, before a service charge of about AED 29,200 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 1 May 2017.

Questions about G07B, Diamond Views 2

What did unit G07B last sell for?

AED 848,311 on 28 June 2011, sold by the developer: AED 450 per sqft for 1,881 sqft. It is the only registered sale of the unit.

What is the rent for unit G07B?

AED 48,300 a year on the contract signed on 1 May 2017. The previous contract, from March 2015, was AED 50,000; the unit has been rented since March 2013.

How big is unit G07B?

1,881 sqft (174.8 sqm): a two-bedroom apartment on the ground floor of a 4-storey tower completed in 2009.

What is unit G07B 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 G07B, Diamond Views 2

Starts from the last sale price (AED 848K, 28 June 2011). Switch to today's estimate once you have unlocked it.
Price
AED 848,311
Deposit, UAE resident (20%)
AED 169,662
Deposit, non-resident (40%)
AED 339,324
Monthly over 25 years at 3.7%
AED 3,471

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