3-bed · 1,038 sqftGreen Diamond 1A, Arjan · 5th floor · completed 2018

A-511, Green Diamond 1A

Sold prices and rental history: sold once, by the developer in January 2023, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A-511 · DLD and Ejari recordsUpdated 1 August 2024
Last soldAED 800K10 January 2023
Current rentAED 96K /yr1 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A-511, Green Diamond 1A

What is A-511 worth today?

Last sold for AED 800,000 in 2023

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1 Aug 2024RentedNew contract
AED 96,000/yr12 months · AED 92 per sqft
1 Jun 2024RentedNew contract
AED 84,000/yr12 months · AED 81 per sqft
1 May 2023RentedRenewal
AED 65,000/yr12 months · AED 63 per sqft
10 Jan 2023Sold by developerReady
AED 800,000AED 770 per sqft
1 May 2022RentedRenewal
AED 56,000/yr12 months · AED 54 per sqft
1 May 2021RentedNew contract
AED 50,000/yr12 months · AED 48 per sqft

Source: Dubai Land Department. Updated 1 August 2024.

Key facts

Type
3-bed apartment
Size
1,038 sqft
Floor
5th of 7
Parking
G-105
Developer
Diamond Developers
Completed
2018
Service charge
AED 12,800 /yr
Last sold
AED 800K · January 2023

About A-511, Green Diamond 1A

A-511 is a three-bedroom apartment of 1,038 sqft on the 5th floor of Green Diamond 1A, a 7-storey tower in Arjan completed in 2018 by Diamond Developers. The developer sold it on 10 January 2023 for AED 800,000, or AED 770 per sqft, in line with the AED 770 three-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, signed on 1 August 2024, is AED 96,000 a year: a gross yield of 12.0% on the 2023 price, before the service charge of about AED 12,800 a year.

Sales and rents for A-511 over time

Sales
Unit A-511, each saleTypical three-bed in Green Diamond 1A
700K800K900K2018202020222024Typical sale price by year: 2018 AED 704,684; 2019 AED 875,000; 2023 AED 725,000Sold by developer, January 2023: AED 800,000 (AED 770 per sqft)

A-511 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit A-511, each contractTypical three-bed in Green Diamond 1A
50K75K100K2019202120232025Typical rent by year: 2019 AED 80,000; 2020 AED 67,500; 2021 AED 68,000; 2022 AED 67,000; 2023 AED 78,600; 2024 AED 90,500; 2025 AED 88,500New contract, May 2021: AED 50,000 a yearRenewal, May 2022: AED 56,000 a yearRenewal, May 2023: AED 65,000 a yearNew contract, June 2024: AED 84,000 a yearNew contract, August 2024: AED 96,000 a year

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

3-beds in Green Diamond 1A, and where A-511 sits

All 19 3-beds →

A-511 last sold in January 2023 at AED 770 per sqft, in line with what three-beds in Green Diamond 1A were fetching at the time (AED 770).

Recent 3-bed salesUnit no.Price (AED)Summary
18 Feb 2025700,000
20 Mar 2024750,000
20 Feb 20241,040,000
21 Aug 2023700,000
0 3-bed sales in the last 12 months

Green Diamond 1A

Building

97 apartments, 2-bed to 3-bed over 7 floors in Arjan, completed in 2018 by Diamond Developers. 3 sold in the last 12 months.

Typical price per sqft
AED 1,112
Typical sale
AED 950K
Typical rent
AED 77K /yr
Typical yield
8.0%
Green Diamond 1A, Arjan: prices, sales and rents →

Other units on the 5th floor

All 97 units in Green Diamond 1A
Value
A-5012-bedAED 802K · Nov 2018
A-5022-bedAED 640K · Nov 2020
A-5033-bedAED 920K · Aug 2018
A-5042-bedAED 735K · May 2019
A-5052-bedAED 910K · May 2025
A-5062-bedAED 425K · Dec 2018
A-5072-bedAED 780K · Mar 2019
1–7 of 13

A-511, Green Diamond 1A in numbers

  • Sold once: by Diamond Developers on 10 January 2023 for AED 800,000, or AED 770 per sqft.
  • Rented since May 2021 on 5 Ejari contracts, from AED 50,000 to AED 96,000 a year.
  • At AED 96,000 a year the gross yield on the 2023 price is 12.0%, before a service charge of about AED 12,800 a year (AED 12.36 per sqft).

Source: Dubai Land Department. Updated 1 August 2024.

Questions about A-511, Green Diamond 1A

What did unit A-511 last sell for?

AED 800,000 on 10 January 2023, sold by the developer: AED 770 per sqft for 1,038 sqft. It is the only registered sale of the unit.

What is the rent for unit A-511?

AED 96,000 a year on the contract signed on 1 August 2024. The previous contract, from June 2024, was AED 84,000; the unit has been rented since May 2021.

How big is unit A-511?

1,038 sqft (96.4 sqm): a three-bedroom apartment on the 5th floor of a 7-storey tower completed in 2018.

What is unit A-511 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on A-511, Green Diamond 1A

Starts from the last sale price (AED 800K, 10 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 800,000
Deposit, UAE resident (20%)
AED 160,000
Deposit, non-resident (40%)
AED 320,000
Monthly over 25 years at 3.7%
AED 3,273

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