B-408, Green Diamond 1B
Sold prices and rental history: sold twice, last in June 2021, and rented once, from December 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for B-408, Green Diamond 1B
What is B-408 worth today?
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Source: Dubai Land Department. Updated 24 June 2021.
Key facts
- Type
- 2-bed apartment
- Size
- 856 sqft
- Floor
- 4th of 7
- Parking
- G-035
- Developer
- Diamond Developers
- Completed
- 2018
- Service charge
- AED 10,600 /yr
- Last sold
- AED 638K · June 2021
- Building
- Green Diamond 1B
About B-408, Green Diamond 1B
B-408 is a two-bedroom apartment of 856 sqft on the 4th floor of Green Diamond 1B, a 7-storey tower in Arjan completed in 2018 by Diamond Developers. It last sold on 24 June 2021 for AED 638,000, or AED 745 per sqft, in line with the AED 749 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 1 December 2019. The current contract, signed on 1 December 2019, is AED 50,000 a year: a gross yield of 7.8% on the 2021 price, before the service charge of about AED 10,600 a year.
Sales and rents for B-408 over time
B-408 has sold twice; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Green Diamond 1B, and where B-408 sits
All 71 2-beds →B-408 last sold in June 2021 at AED 745 per sqft, in line with what two-beds in Green Diamond 1B were fetching at the time (AED 749). B-408's AED 50,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 May 202516 May 2025 | 834 sqft | 990,000 | 1,186 | ||
| 14 May 202514 May 2025 | 834 sqft | 950,000 | 1,138 | ||
| 8 May 20258 May 2025 | 918 sqft | 915,000 | 996 | ||
| 11 Feb 202511 February 2025 | 854 sqft | 925,000 | 1,083 |
Green Diamond 1B
Building94 apartments, 2-bed to 3-bed over 7 floors in Arjan, completed in 2018 by Diamond Developers. 1 sold in the last 12 months.
- Typical price per sqft
- AED 1,142
- Typical sale
- AED 1.13M
- Typical rent
- AED 79K /yr
- Typical yield
- 7.9%
Other units on the 4th floor
All 94 units in Green Diamond 1B| ValueToday's value | |||||
|---|---|---|---|---|---|
| B-402 | 2-bed | 854 sqft | AED 760KAED 759,684 · Jul 2020July 2020 | ||
| B-403 | 2-bed | 1,039 sqft | AED 1MAED 1,000,000 · Nov 2018November 2018 | ||
| B-404 | 2-bed | 834 sqft | AED 760KAED 760,000 · Aug 2024August 2024 | 73,000 /yr | |
| B-405 | 2-bed | 854 sqft | AED 675KAED 675,220 · Dec 2019December 2019 | 70,000 /yr | |
| B-406 | 2-bed | 856 sqft | AED 721KAED 720,800 · Nov 2019November 2019 | 43,000 /yr | |
| B-407 | 2-bed | 889 sqft | AED 725KAED 724,527 · Oct 2017October 2017 | 85,000 /yr | |
| B-409 | 2-bed | 854 sqft | AED 676KAED 676,000 · Aug 2017August 2017 | ||
| B-410 | 2-bed | 834 sqft | AED 990KAED 990,000 · May 2025May 2025 | 69,586 /yr | |
| B-411 | 3-bed | 1,039 sqft | No registered sale | 91,000 /yr | |
| B-412 | 2-bed | 854 sqft | AED 700KAED 700,000 · Nov 2019November 2019 | 48,000 /yr | |
| B-414 | 3-bed | 985 sqft | AED 489KAED 489,326 · Oct 2018October 2018 | 46,036 /yr |
B-408, Green Diamond 1B in numbers
- Sold twice: first on 7 January 2019 for AED 697,245, last on 24 June 2021 for AED 638,000 (AED 745 per sqft).
- Rented since December 2019 on one Ejari contract, at AED 50,000 a year.
- At AED 50,000 a year the gross yield on the 2021 price is 7.8%, before a service charge of about AED 10,600 a year (AED 12.36 per sqft).
Source: Dubai Land Department. Updated 24 June 2021.
Questions about B-408, Green Diamond 1B
What did unit B-408 last sell for?
AED 638,000 on 24 June 2021: AED 745 per sqft for 856 sqft. The unit has 2 registered sales; the first was AED 697,245 in January 2019.
What is the rent for unit B-408?
AED 50,000 a year on the contract signed on 1 December 2019.
How big is unit B-408?
856 sqft (79.5 sqm): a two-bedroom apartment on the 4th floor of a 7-storey tower completed in 2018.
What is unit B-408 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 B-408, Green Diamond 1B
Starts from the last sale price (AED 638K, 24 June 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 638,000
- Deposit, UAE resident (20%)
- AED 127,600
- Deposit, non-resident (40%)
- AED 255,200
- Monthly over 25 years at 3.7%
- AED 2,610
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →