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2-bed · 1,596 sqftDiamond Views 4, Jumeirah Village Circle (JVC) · 3rd floor · completed 2012

316B, Diamond Views 4

Sold prices and rental history: sold twice, last in September 2014, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 316B · DLD and Ejari recordsUpdated 3 February 2020
Last soldAED 685K30 September 2014
Current rentAED 70K /yr3 February 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 316B, Diamond Views 4

What is 316B worth today?

Last sold for AED 685,000 in 2014

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3 Feb 2020RentedNew contract
AED 70,000/yr24 months · AED 44 per sqft
25 Jul 2019RentedNew contract
AED 70,000/yr12 months · AED 44 per sqft
14 Sep 2017RentedRenewal
AED 108,000/yr12 months · AED 68 per sqft
14 Sep 2017RentedNew contract
AED 100,000/yr12 months · AED 63 per sqft
14 Sep 2016RentedRenewal
AED 108,000/yr12 months · AED 68 per sqft
14 Sep 2015RentedNew contract
AED 108,000/yr12 months · AED 68 per sqft
30 Sep 2014SoldReady
AED 685,000AED 429 per sqft
3 Oct 2013Sold by developerOff-plan
AED 685,000AED 429 per sqft

Source: Dubai Land Department. Updated 3 February 2020.

Key facts

Type
2-bed apartment
Size
1,596 sqft
Floor
3rd of 4
Parking
B-70
Developer
Diamond Developers
Completed
2012
Service charge
AED 18,700 /yr
Last sold
AED 685K · September 2014
Building
Diamond Views 4

About 316B, Diamond Views 4

316B is a two-bedroom apartment of 1,596 sqft on the 3rd floor of Diamond Views 4, a 4-storey tower in Jumeirah Village Circle (JVC) completed in 2012 by Diamond Developers. It last sold on 30 September 2014 for AED 685,000, or AED 429 per sqft, 22% below the AED 548 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, signed on 3 February 2020, is AED 70,000 a year: a gross yield of 10.2% on the 2014 price, before the service charge of about AED 18,700 a year.

Sales and rents for 316B over time

Sales
Unit 316B, each saleTypical two-bed in Diamond Views 4
500K1M20102014201820222026Typical sale price by year: 2010 AED 1,143,683; 2012 AED 650,000; 2013 AED 735,290; 2014 AED 675,000; 2015 AED 736,689; 2017 AED 750,000; 2018 AED 780,000; 2020 AED 655,000; 2021 AED 580,000; 2023 AED 770,000; 2025 AED 1,200,000Sold by developer, October 2013: AED 685,000 (AED 429 per sqft)Sold, September 2014: AED 685,000 (AED 429 per sqft)

316B has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 316B, each contractTypical two-bed in Diamond Views 4
50K100K2014201820222026Typical rent by year: 2014 AED 68,250; 2015 AED 85,000; 2016 AED 86,000; 2017 AED 85,000; 2018 AED 77,400; 2019 AED 68,000; 2020 AED 54,000; 2021 AED 50,000; 2022 AED 55,000; 2023 AED 65,000; 2024 AED 73,500; 2025 AED 78,750; 2026 AED 80,000New contract, September 2015: AED 108,000 a yearRenewal, September 2016: AED 108,000 a yearRenewal, September 2017: AED 108,000 a yearNew contract, September 2017: AED 100,000 a yearNew contract, July 2019: AED 70,000 a yearNew contract, February 2020: AED 70,000 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 4, and where 316B sits

All 58 2-beds →

316B last sold in September 2014 at AED 429 per sqft, 22% below what two-beds in Diamond Views 4 were fetching at the time (AED 548). Over the last 12 months two-beds sold for AED 1,240,000 to 1,250,000, around AED 1,023 per sqft, and rent for AED 65,000 to 190,000 a year. 316B's AED 70,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
2 Jul 20261,250,000
26 Nov 20251,240,000
29 Sep 20251,200,000
10 Jul 20251,150,000
2 2-bed sales in the last 12 months

Diamond Views 4

Building

206 apartments, studios to 3-bed over 4 floors in Jumeirah Village Circle (JVC), completed in 2012 by Diamond Developers. 8 sold in the last 12 months.

Typical price per sqft
AED 937
Typical sale
AED 628K
Typical rent
AED 60K /yr
Typical yield
7.9%
Diamond Views 4, Jumeirah Village Circle (JVC): prices, sales and rents →

Other units on the 3rd floor

All 206 units in Diamond Views 4
Value
301A1-bedAED 350K · Jan 2020
301B1-bedAED 550K · Mar 2024
302A1-bedAED 650K · May 2025
302B1-bedAED 540K · Jul 2024
303A1-bedAED 790K · Jul 2025
303B1-bedAED 597K · Sep 2014
304A1-bedAED 430K · Feb 2013
1–7 of 51

316B, Diamond Views 4 in numbers

  • Sold twice: first on 3 October 2013 for AED 685,000, last on 30 September 2014 for AED 685,000 (AED 429 per sqft).
  • Rented since September 2015 on 6 Ejari contracts, from AED 108,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2014 price is 10.2%, before a service charge of about AED 18,700 a year (AED 11.69 per sqft).
  • Two-beds in Diamond Views 4 sold for AED 1,240,000–1,250,000 in the 12 months to November 2026; the building's median across all types is AED 937 per sqft.

Source: Dubai Land Department. Updated 3 February 2020.

Questions about 316B, Diamond Views 4

What did unit 316B last sell for?

AED 685,000 on 30 September 2014: AED 429 per sqft for 1,596 sqft. The unit has 2 registered sales; the first was AED 685,000 in October 2013.

What is the rent for unit 316B?

AED 70,000 a year on the contract signed on 3 February 2020. The previous contract, from July 2019, was AED 70,000; the unit has been rented since September 2015.

How big is unit 316B?

1,596 sqft (148.3 sqm): a two-bedroom apartment on the 3rd floor of a 4-storey tower completed in 2012.

What is unit 316B 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 4 sold for AED 1,240,000 to 1,250,000 in the last 12 months, around AED 1,023 per sqft.

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Mortgage on 316B, Diamond Views 4

Starts from the last sale price (AED 685K, 30 September 2014). Switch to today's estimate once you have unlocked it.
Price
AED 685,000
Deposit, UAE resident (20%)
AED 137,000
Deposit, non-resident (40%)
AED 274,000
Monthly over 25 years at 3.7%
AED 2,803

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