B-511, Green Diamond 1B
Sold prices and rental history: sold once, by the developer in November 2022, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for B-511, Green Diamond 1B
What is B-511 worth today?
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Source: Dubai Land Department. Updated 11 July 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 1,039 sqft
- Floor
- 5th of 7
- Parking
- G-085
- Developer
- Diamond Developers
- Completed
- 2018
- Service charge
- AED 12,800 /yr
- Last sold
- AED 900K · November 2022
- Building
- Green Diamond 1B
About B-511, Green Diamond 1B
B-511 is a three-bedroom 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 continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 11 July 2024, is AED 74,215 a year: a gross yield of 8.3% on the 2022 price, before the service charge of about AED 12,800 a year.
Sales and rents for B-511 over time
B-511 has sold once; the dashed line is the three-bed median of each year in the building.
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 1B, and where B-511 sits
All 17 3-beds →Over the last 12 months three-beds sold for AED 1,125,000, around AED 1,142 per sqft.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 Dec 202529 December 2025 | 985 sqft | 1,125,000 | 1,142 | ||
| 6 Feb 20246 February 2024 | 1,039 sqft | 1,040,000 | 1,001 | ||
| 11 Oct 202311 October 2023 | 1,039 sqft | 930,000 | 895 | ||
| 9 Oct 20239 October 2023 | 985 sqft | 930,000 | 944 |
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-503 | 1,039 sqft | AED 900KAED 900,000 · Nov 2022November 2022 | 95,000 /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-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-511, 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 July 2019 on 4 Ejari contracts. The rent fell from AED 80,000 to AED 55,000 in 2022 and recovered to AED 74,215 by July 2024.
- At AED 74,215 a year the gross yield on the 2022 price is 8.3%, before a service charge of about AED 12,800 a year (AED 12.36 per sqft).
- Three-beds in Green Diamond 1B sold for AED 1,125,000–1,125,000 in the 12 months to November 2026; the building's median across all types is AED 1,142 per sqft.
Source: Dubai Land Department. Updated 11 July 2024.
Questions about B-511, Green Diamond 1B
What did unit B-511 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-511?
AED 74,215 a year on the contract renewed on 11 July 2024. The previous contract, from June 2023, was AED 67,181; the unit has been rented since July 2019.
How big is unit B-511?
1,039 sqft (96.5 sqm): a three-bedroom apartment on the 5th floor of a 7-storey tower completed in 2018.
What is unit B-511 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Green Diamond 1B sold for AED 1,125,000 to 1,125,000 in the last 12 months, around AED 1,142 per sqft.
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Mortgage on B-511, 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 →