Unit 118B, Diamond Views 1: what it sold for and what it is worth now

Unit 118B at Diamond Views 1 is a studio of 402 sq ft. It last sold for AED 390,000 on 4 Mar 2024. At AED 995 per sq ft, from 11 sales in the building in the last 12 months (studio), it is worth about AED 400,000 today.

Value todayAED 400,000AED 369,000 to AED 455,000
Last saleAED 390,0004 Mar 2024 · Resale
Change since last sale+2.6%Building trend alone: AED 519,737
Rent (median asking, studio)AED 40,000Gross yield 10.0%
Bedroomsstudio
Size402 sq ft
BuildingDiamond Views 1 by Diamond Developers, handed over 2010
Registered sales of this unit1

Every registered sale of unit 118B

DatePriceSizeAED/sq ftType
4 Mar 2024AED 390,000402 sq ft970Resale

Latest studio sales in Diamond Views 1

UnitDatePriceSizeAED/sq ftType
316B2 Sep 2026AED 600,000645 sq ft930Resale
112B23 Jul 2026AED 510,000479 sq ft1,065Resale
112B15 May 2026AED 434,263479 sq ft907Resale
120B23 Apr 2026AED 440,000402 sq ft1,095Resale
319A24 Mar 2026AED 518,000402 sq ft1,289Resale
318B12 Feb 2026AED 499,999402 sq ft1,244Resale
110B21 Jan 2026AED 550,000581 sq ft947Resale
215B16 Jan 2026AED 510,000581 sq ft878Resale

How we worked out the value

We took the 11 sales in Diamond Views 1 in the last 12 months (studio), worked out the price per sq ft of each, and used the middle value (AED 995). We multiplied it by the size of this unit (402 sq ft). The range uses the middle half of those sales (AED 918 to AED 1,132 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 519,737. Floor, view, condition and upgrades can move the price either way. Sales data to 8 Oct 2026, from the Dubai Land Department register.

Questions

What is unit 118B at Diamond Views 1 worth?

About AED 400,000 (range AED 369,000 to AED 455,000), based on AED 995 per sq ft from registered sales up to 8 Oct 2026.

When did unit 118B last sell?

4 Mar 2024, for AED 390,000 (resale). It has 1 registered sale.

What rent can unit 118B make?

A studio in Diamond Views 1 rents for about AED 40,000 a year (median asking rent). That is a gross yield of 10.0% on the estimate.

Sales alert for Diamond Views 1All sales in Diamond Views 1

Unit 117A · Unit 119A