3-bed · 1,039 sqftGreen Diamond 1B, Arjan · 6th floor · completed 2018

B-611, Green Diamond 1B

Sold prices and rental history: sold once, by the developer in September 2019, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B-611 · DLD and Ejari recordsUpdated 1 July 2024
Last soldAED 950K10 September 2019
Current rentAED 94K /yr1 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B-611, Green Diamond 1B

What is B-611 worth today?

Last sold for AED 950,000 in 2019

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1 Jul 2024RentedRenewal
AED 93,500/yr12 months · AED 90 per sqft
1 Jul 2024RentedRenewal
AED 93,500/yr24 months · AED 90 per sqft
1 Jul 2021RentedNew contract
AED 70,000/yr12 months · AED 67 per sqft
10 Sep 2019Sold by developerReady
AED 950,000AED 914 per sqft
1 Jul 2019RentedNew contract
AED 80,000/yr24 months · AED 77 per sqft

Source: Dubai Land Department. Updated 1 July 2024.

Key facts

Type
3-bed apartment
Size
1,039 sqft
Floor
6th of 7
Parking
G-182
Developer
Diamond Developers
Completed
2018
Service charge
AED 12,800 /yr
Last sold
AED 950K · September 2019

About B-611, Green Diamond 1B

B-611 is a three-bedroom apartment of 1,039 sqft on the 6th floor of Green Diamond 1B, a 7-storey tower in Arjan completed in 2018 by Diamond Developers. The developer sold it on 10 September 2019 for AED 950,000, or AED 914 per sqft, in line with the AED 914 three-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 1 July 2024, is AED 93,500 a year: a gross yield of 9.8% on the 2019 price, before the service charge of about AED 12,800 a year.

Sales and rents for B-611 over time

Sales
Unit B-611, each saleTypical three-bed in Green Diamond 1B
1M201920212023Typical sale price by year: 2019 AED 1,054,297; 2023 AED 930,000Sold by developer, September 2019: AED 950,000 (AED 914 per sqft)

B-611 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit B-611, each contractTypical three-bed in Green Diamond 1B
80K100K2019202120232025Typical rent by year: 2019 AED 75,000; 2020 AED 70,000; 2021 AED 68,000; 2022 AED 68,000; 2023 AED 79,200; 2024 AED 93,500; 2025 AED 98,000New contract, July 2019: AED 80,000 a yearNew contract, July 2021: AED 70,000 a yearRenewal, July 2024: AED 93,500 a yearRenewal, July 2024: AED 93,500 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 1B, and where B-611 sits

All 17 3-beds →

B-611 last sold in September 2019 at AED 914 per sqft, in line with what three-beds in Green Diamond 1B were fetching at the time (AED 914). Over the last 12 months three-beds sold for AED 1,125,000, around AED 1,142 per sqft.

Recent 3-bed salesUnit no.Price (AED)Summary
29 Dec 20251,125,000
6 Feb 20241,040,000
11 Oct 2023930,000
9 Oct 2023930,000
1 3-bed sale in the last 12 months

Green Diamond 1B

Building

94 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%
Green Diamond 1B, Arjan: prices, sales and rents →

Other units on the 6th floor

All 94 units in Green Diamond 1B
Value
B-6012-bedAED 890K · Oct 2024
B-6022-bedAED 550K · Oct 2018
B-6032-bedAED 1.1M · Nov 2024
B-6042-bedAED 689K · Oct 2018
B-6052-bedAED 705K · Jan 2018
B-6062-bedAED 741K · Jan 2019
B-6072-bedAED 376K · Nov 2018
1–7 of 13

B-611, Green Diamond 1B in numbers

  • Sold once: by Diamond Developers on 10 September 2019 for AED 950,000, or AED 914 per sqft.
  • Rented since July 2019 on 4 Ejari contracts. The rent fell from AED 80,000 to AED 70,000 in 2021 and recovered to AED 93,500 by July 2024.
  • At AED 93,500 a year the gross yield on the 2019 price is 9.8%, 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 1 July 2024.

Questions about B-611, Green Diamond 1B

What did unit B-611 last sell for?

AED 950,000 on 10 September 2019, sold by the developer: AED 914 per sqft for 1,039 sqft. It is the only registered sale of the unit.

What is the rent for unit B-611?

AED 93,500 a year on the contract renewed on 1 July 2024. The previous contract, from July 2024, was AED 93,500; the unit has been rented since July 2019.

How big is unit B-611?

1,039 sqft (96.5 sqm): a three-bedroom apartment on the 6th floor of a 7-storey tower completed in 2018.

What is unit B-611 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-611, Green Diamond 1B

Starts from the last sale price (AED 950K, 10 September 2019). Switch to today's estimate once you have unlocked it.
Price
AED 950,000
Deposit, UAE resident (20%)
AED 190,000
Deposit, non-resident (40%)
AED 380,000
Monthly over 25 years at 3.7%
AED 3,887

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