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1-bed · 944 sqftDiamond Views 3, Jumeirah Village Circle (JVC) · 4th floor · completed 2013

401A, Diamond Views 3

Sold prices and rental history: sold once, by the developer in May 2011, 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 5 September 2020
Last soldAED 737K8 May 2011
Current rentAED 35K /yr5 September 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 401A, Diamond Views 3

What is 401A worth today?

Last sold for AED 737,124 in 2011

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5 Sep 2020RentedRenewal
AED 35,000/yr12 months · AED 37 per sqft
5 Sep 2019RentedRenewal
AED 41,000/yr12 months · AED 43 per sqft
5 Sep 2018RentedNew contract
AED 45,000/yr12 months · AED 48 per sqft
15 Aug 2016RentedNew contract
AED 60,000/yr12 months · AED 63 per sqft
8 May 2011Sold by developerOff-plan
AED 737,124AED 781 per sqft

Source: Dubai Land Department. Updated 5 September 2020.

Key facts

Type
1-bed apartment
Size
944 sqft
Floor
4th of 4
Parking
B-152
Developer
Diamond Developers
Completed
2013
Service charge
AED 11,300 /yr
Last sold
AED 737K · May 2011
Building
Diamond Views 3

About 401A, Diamond Views 3

401A is a one-bedroom apartment of 944 sqft on the 4th floor of Diamond Views 3, a 4-storey tower in Jumeirah Village Circle (JVC) completed in 2013 by Diamond Developers. The developer sold it on 8 May 2011 for AED 737,124, or AED 781 per sqft, 19% below the AED 965 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 4 Ejari contracts. The current contract, renewed on 5 September 2020, is AED 35,000 a year: a gross yield of 4.8% on the 2011 price, before the service charge of about AED 11,300 a year.

Sales and rents for 401A over time

Sales
Unit 401A, each saleTypical one-bed in Diamond Views 3
400K600K800K2010201520202025Typical sale price by year: 2010 AED 699,359; 2011 AED 626,982; 2012 AED 360,000; 2013 AED 580,000; 2014 AED 452,000; 2015 AED 600,000; 2016 AED 600,000; 2017 AED 610,000; 2018 AED 570,000; 2019 AED 400,000; 2020 AED 410,000; 2021 AED 391,500; 2022 AED 417,500; 2023 AED 480,000; 2024 AED 567,500; 2025 AED 692,500; 2026 AED 719,000Sold by developer, May 2011: AED 737,124 (AED 781 per sqft)

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

Rents
Unit 401A, each contractTypical one-bed in Diamond Views 3
40K60K2014201820222026Typical rent by year: 2014 AED 60,000; 2015 AED 60,000; 2016 AED 60,000; 2017 AED 56,000; 2018 AED 50,000; 2019 AED 41,000; 2020 AED 34,000; 2021 AED 32,000; 2022 AED 36,000; 2023 AED 44,000; 2024 AED 52,000; 2025 AED 55,000; 2026 AED 55,000New contract, August 2016: AED 60,000 a yearNew contract, September 2018: AED 45,000 a yearRenewal, September 2019: AED 41,000 a yearRenewal, September 2020: AED 35,000 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 3, and where 401A sits

All 194 1-beds →

401A last sold in May 2011 at AED 781 per sqft, 19% below what one-beds in Diamond Views 3 were fetching at the time (AED 965). Over the last 12 months one-beds sold for AED 610,000 to 820,000, around AED 1,041 per sqft, and rent for AED 36,000 to 84,000 a year. 401A's AED 35,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
16 Oct 2026610,000
27 Aug 2026750,000
11 Aug 2026700,000
16 Jul 2026710,000
14 1-bed sales in the last 12 months

Diamond Views 3

Building

258 apartments, studios to 4-bed over 4 floors in Jumeirah Village Circle (JVC), completed in 2013 by Diamond Developers. 20 sold in the last 12 months.

Typical price per sqft
AED 1,015 Up 9.2%
Typical sale
AED 719K
Typical rent
AED 56K /yr
Typical yield
7.6%
Diamond Views 3, Jumeirah Village Circle (JVC): prices, sales and rents →

Other units on the 4th floor

All 258 units in Diamond Views 3
Value
401BStudioAED 550K · Jul 2024
401CStudioAED 375K · Nov 2021
402A1-bedAED 552K · Sep 2013
402B1-bedAED 715K · Feb 2015
402C1-bedAED 370K · Jul 2021
403A1-bedAED 740K · Jan 2015
403B1-bedAED 740K · Jan 2015
1–7 of 72

401A, Diamond Views 3 in numbers

  • Sold once: by Diamond Developers on 8 May 2011 for AED 737,124, or AED 781 per sqft.
  • Rented since August 2016 on 4 Ejari contracts, from AED 60,000 to AED 35,000 a year.
  • At AED 35,000 a year the gross yield on the 2011 price is 4.8%, before a service charge of about AED 11,300 a year (AED 12.00 per sqft).
  • One-beds in Diamond Views 3 sold for AED 610,000–820,000 in the 12 months to November 2026; the building's median across all types is AED 1,015 per sqft.

Source: Dubai Land Department. Updated 5 September 2020.

Questions about 401A, Diamond Views 3

What did unit 401A last sell for?

AED 737,124 on 8 May 2011, sold by the developer: AED 781 per sqft for 944 sqft. It is the only registered sale of the unit.

What is the rent for unit 401A?

AED 35,000 a year on the contract renewed on 5 September 2020. The previous contract, from September 2019, was AED 41,000; the unit has been rented since August 2016.

How big is unit 401A?

944 sqft (87.7 sqm): a one-bedroom apartment on the 4th floor of a 4-storey tower completed in 2013.

What is unit 401A 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 3 sold for AED 610,000 to 820,000 in the last 12 months, around AED 1,041 per sqft.

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Mortgage on 401A, Diamond Views 3

Starts from the last sale price (AED 737K, 8 May 2011). Switch to today's estimate once you have unlocked it.
Price
AED 737,124
Deposit, UAE resident (20%)
AED 147,425
Deposit, non-resident (40%)
AED 294,850
Monthly over 25 years at 3.7%
AED 3,016

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