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The Diamond

A 1 bed in The Diamond costs a median AED 610,000 and rents long-let for AED 58,500/yr (8.36% gross) — +0.0 pts vs Dubai Sports City's 8.33% and +1.4 pts vs Dubai's 6.97% — from 18 sales and 54 rental contracts registered in the last 24 months through 26 Aug 2026.

Registered data
Sales · 1 bed
6 in 12 months
Rental contracts · 1 bed
26 in 12 months
Buy
610,000AED
AED 903/sqft
Long-let
8.36%
AED 58,500/yr

Price per sqft: Median of 6 registered sales of ready units in the last 12 months, most recent August 2026.

Priced off the last 5 sales — most recent August 2026.

Yield spread
+0.0 pts
vs the Dubai Sports City median for this unit type
Turnover upside
+13.7%
new tenants pay more than sitting ones — 55 renewals
AED/yr/sqft
AED 75
Sales
18
Rental contracts
54
Renewal rent
AED 51,450/yr
12 months
+16.5%
3 years
+42.5%+12.5%/yr

Based on 18 sales and 54 rental contracts in the last 24 months.

The Diamond is an apartment building in Dubai Sports City, Dubai. The closest metro station is Nakheel Metro Station, the nearest mall Marina Mall and the nearest landmark Sports City Swimming Academy. Land Department records for it run from 2015 to 2026, 212 registered sales in all — the 18 in the last 24 months are what every median above is computed from.

Yield by bedroom type

TypeMedian priceAED/sqftYield12moSales
StudioAED 450,00096710.67%
+1.8 pts
+9.6%5
1 bedAED 610,0008048.36%
+0.0 pts
+16.5%18
2 bedAED 800,0007139.88%
+1.8 pts
-1.4%6

Deltas compare each yield with the Dubai Sports City median for the same unit type. How these yields are computed

How these yields are computed
Each yield divides the median rent by the median of the last 3 months of sales — or of the last 5 sales where the last 3 months hold fewer than three. Off-plan and ready sales count alike, and each bedroom type is priced off its own sales.

Recent transactions

As filed with the Land Department — data to 2026-08-26.

12 resales in the last 12 months, against 11 a year on average over 2023–2025.

Sales

DateTypeSqftPriceAED/sqft
24 Aug 20261 bed735AED 620,000844
5 Aug 2026Studio605AED 450,000744

2 resales in the last 3 months.

Rental contracts

StartTypeSqftAnnual rentAED/sqftContract
23 Sept 20262 bed1,063AED 75,00071Renewal
27 Aug 20261 bed787AED 55,00070New
17 Aug 20261 bed750AED 54,00072New
14 Aug 20262 bed1,063AED 70,00066New
1 Aug 2026Studio605AED 49,00081Renewal
1 Aug 20261 bed824AED 60,00073New
1 Aug 20261 bed787AED 60,00076Renewal
24 Jul 20262 bed1,041AED 70,00067New
21 Jul 20261 bed787AED 55,00070New
17 Jul 20261 bed851AED 56,00066New
3 Jul 20261 bed735AED 49,00067New
2 Jul 2026Studio598AED 52,00087New
24 Jun 20262 bed1,041AED 69,30067Renewal
19 Jun 20261 bed735AED 49,00067New
18 Jun 20261 bed851AED 60,00071New

15 contracts starting on or after 26 May 2026.

Start dates after 26 Aug 2026 are contracts already filed for a later move-in. They count towards the rent medians above for the same reason they appear here.

As registered

The building's record in the Dubai Land Department register, as of September 2026. Counts are as registered, not as built or as operated.

Floors
15
Flats
128

Nearby

Metro
Nakheel Metro Station
Mall
Marina Mall
Landmark
Sports City Swimming Academy

Compare with nearby buildings

The most-traded buildings in Dubai Sports City, on the same figures over the same window.

Common questions

What is the rental yield in The Diamond?
The Diamond returns 8.36% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 54 rental contracts registered in the last 24 months.
How much does a 1 bedroom in The Diamond cost?
The median registered sale price is AED 610,000 (804 AED/sqft), from 18 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
What are apartments in The Diamond selling for right now?
Registered sales of ready units in The Diamond over the last 12 months have a median of 903 AED/sqft, across 6 sales. That is the freshest window holding at least five, and it excludes off-plan. It is a median of what traded, not a valuation of a specific unit — floor, view and condition all move a real price and none of them is in it.
Have prices in The Diamond risen or fallen?
Median price per square foot moved +16.5% over the last 12 months against the 12 before it, on 18 registered sales. On a sample this size, read the direction rather than the exact figure.
Do new tenants in The Diamond pay more than sitting ones?
A new tenant pays +13.7% against a renewing one, across 55 renewal contracts in the last 24 months. Renewals are capped by RERA and sit below market, so a wide gap means rent that is below market until the unit changes hands.

Source: Dubai Land Department open data — sale transactions and Ejari rental contracts. Data as of 2026-08-26.

Gross yield divides median annual rent from new contracts by the median resale price for the same bedroom type over the last 24 months. Off-plan sales are included in price and trend figures but excluded from the yield denominator.

The Diamond sale record

Record type
Building-level property market record
Data date
Evidence base
18 registered sales in the trailing 24 months for the default unit type
Sources
Dubai Land Department sale transactions and Ejari rental contracts
Canonical record
/sale/apartments/dubai/dubai-sports-city/the-diamond
Method
Definitions and calculations

Cite as: Dubai Wealth Index. “The Diamond sale prices and yield.” Dubai Sports City, Dubai. Data to 2026-08-26. https://dubaiwealthindex.com/sale/apartments/dubai/dubai-sports-city/the-diamond.

Stable dataJSON

Where this data stops

Service charges are not in DLD's open data, so the yield above is gross. Net return needs this building's charge per sqft.