B-503, Green Diamond 1B
Sold prices and rental history: sold once, by the developer in November 2022, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for B-503, Green Diamond 1B
What is B-503 worth today?
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Source: Dubai Land Department. Updated 3 October 2024.
Key facts
- Type
- Apartment
- Size
- 1,039 sqft
- Floor
- 5th of 7
- Parking
- G-010
- Developer
- Diamond Developers
- Completed
- 2018
- Service charge
- AED 12,800 /yr
- Last sold
- AED 900K · November 2022
- Building
- Green Diamond 1B
About B-503, Green Diamond 1B
B-503 is an apartment of 1,039 sqft on the 5th floor of Green Diamond 1B, a 7-storey tower in Arjan completed in 2018 by Diamond Developers. The developer sold it on 3 November 2022 for AED 900,000, or AED 866 per sqft.
It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 3 October 2024, is AED 95,000 a year: a gross yield of 10.6% on the 2022 price, before the service charge of about AED 12,800 a year.
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 5th floor
All 94 units in Green Diamond 1B| ValueToday's value | |||||
|---|---|---|---|---|---|
| B-501 | 2-bed | 854 sqft | AED 925KAED 925,000 · Feb 2025February 2025 | 55,200 /yr | |
| B-502 | 2-bed | 854 sqft | AED 640KAED 640,000 · Nov 2019November 2019 | 90,000 /yr | |
| B-504 | 2-bed | 834 sqft | AED 308KAED 308,059 · Oct 2018October 2018 | 60,000 /yr | |
| B-505 | 2-bed | 854 sqft | AED 735KAED 735,393 · Jan 2019January 2019 | 53,000 /yr | |
| B-506 | 2-bed | 856 sqft | AED 770KAED 770,000 · Feb 2024February 2024 | 78,000 /yr | |
| B-507 | 2-bed | 889 sqft | AED 328KAED 328,038 · Oct 2018October 2018 | 70,350 /yr | |
| B-508 | 2-bed | 856 sqft | AED 702KAED 701,522 · Mar 2018March 2018 | 66,000 /yr | |
| B-509 | 2-bed | 854 sqft | AED 674KAED 674,054 · Dec 2017December 2017 | 65,000 /yr | |
| B-510 | 2-bed | 834 sqft | AED 950KAED 950,000 · May 2025May 2025 | 95,000 /yr | |
| B-511 | 3-bed | 1,039 sqft | AED 900KAED 900,000 · Nov 2022November 2022 | 74,215 /yr | |
| B-512 | 2-bed | 854 sqft | AED 790KAED 790,000 · Nov 2019November 2019 | ||
| B-514 | 3-bed | 985 sqft | AED 930KAED 930,000 · Oct 2023October 2023 | 72,000 /yr |
B-503, Green Diamond 1B in numbers
- Sold once: by Diamond Developers on 3 November 2022 for AED 900,000, or AED 866 per sqft.
- Rented since May 2021 on 3 Ejari contracts, from AED 50,000 to AED 95,000 a year.
- At AED 95,000 a year the gross yield on the 2022 price is 10.6%, before a service charge of about AED 12,800 a year (AED 12.36 per sqft).
Source: Dubai Land Department. Updated 3 October 2024.
Questions about B-503, Green Diamond 1B
What did unit B-503 last sell for?
AED 900,000 on 3 November 2022, sold by the developer: AED 866 per sqft for 1,039 sqft. It is the only registered sale of the unit.
What is the rent for unit B-503?
AED 95,000 a year on the contract signed on 3 October 2024. The previous contract, from June 2022, was AED 57,000; the unit has been rented since May 2021.
How big is unit B-503?
1,039 sqft (96.5 sqm): an apartment on the 5th floor of a 7-storey tower completed in 2018.
What is unit B-503 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-503, Green Diamond 1B
Starts from the last sale price (AED 900K, 3 November 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 900,000
- Deposit, UAE resident (20%)
- AED 180,000
- Deposit, non-resident (40%)
- AED 360,000
- Monthly over 25 years at 3.7%
- AED 3,682
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →