Diamond Building
A 2 bed in Diamond Building costs a median AED 2.27M and returns 8.7% short-term at the assumed 70% occupancy.
2 bed · typical price
2.27MAED
AED 1,697/sqft · +2.9% on a year
- vs Jumeirah Garden City
- 16% below the median
Cost to buy, all inAED 2.42M
- Price
- AED 2.27M
- DLD fee 4%
- AED 90,965
- Agent 2% + VAT
- AED 47,756
- Trustee
- AED 4,200
Is Diamond Building a good investment?Fair on every measure with a record; no record of the yield and the rent trend
- Does it pay a good rent?No Ejari lease registered here in 12 months, so any yield quoted is an estimateNo record
- Are rents going up?No lease registered in 12 months, so no rent trend to readNo record
- Are prices going up?2 bed: AED 1,650/sqft a year ago, 1,697 now+2.9%Fair
- How fast do fees pay back?AED 142,921 in fees to buy a 2 bed: DLD 4%, agent 2% plus VAT, trusteeAED 142,921
- Can I sell easily?11 sales in 12 months (10 the year before)11
- Is a lot being built nearby?2,156 apartments are planned in Jumeirah Garden City from 2026 to 2028, equal to 39% of the 5,588 homes let there today. A further 698 are past their planned date. Jumeirah Garden City supply by year →39%Fair
- Did earlier buyers gain?Up 0% for buyers Previous 12 months, before fees+0.3%Context
Readings use published thresholds · 2 bed figures, the most traded type · Data to 12 Oct 2026
Diamond Building prices and rents by unit typeA two-bed costs about AED 2.27M
Appreciation, rental income and short-term detail, by unit typeAppreciation, rental income and short-term detail, by unit type
Appreciation
2 bed · price per sqft · Jumeirah Garden City · area median AED 2,018/sqft
- 12-month change
- +2.9%
- vs area median
- -15.9%
- Rank by price per sqft
- 18th of 19
Short-term income
2 bed · 70% occupancy · 7-night stays · within 500 m
- Median nightly rate
- AED 1,017
- Net revenue
- AED 196,986/yr
- Listings seen
- 2+
Read with care
- No rental contracts are registered here yet, so there is no yield and the prices are launch pricing — a pre-handover building. Price growth from launch is not comparable with a let building's.
Price history and sales
As filed with the Land Department — data to 2026-10-12.
Chart data, 2 bed: Oct 2024, AED 2,143,500; latest, Oct 2026, AED 2,257,523; peak, Feb 2025, AED 2,838,470.
Did earlier buyers gain?
Median paid per sqft, all types, against today’s 1,700 · before fees
- Previous 12 months
- 1,696
- 0%
- 10 sales
- Last 12 months
- 1,700
- today
- 11 sales
The change is what a buyer at each median would be up or down at today’s median. A shift in the unit mix can move a median without any unit changing price.
11 resales in the last 12 months, against 9 a year on average over 2024–2025.
11 resales in the last 12 months.
Short-term rates around Diamond Building
Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.
Rows marked 500 m cluster widen to the surrounding listings because the building itself had too few of that type.
Nightly rate through the yearNightly rate through the year
Comparables in Jumeirah Garden City
Every Jumeirah Garden City building with a page, ranked by price per sqft over the same 12 months, all unit types. Diamond Building places 34th of 37; the nearest 7 are shown.
Rank 1 is the dearest per square foot. Differences are against Diamond Building (AED 1,700/sqft); yields need a publishable price and are blank where the recorded prices are share transfers.
At 2 bed, Diamond Building has registered sale prices 16% below the Jumeirah Garden City median price per square foot of 2,018 AED, across 19 eligible buildings. It ranks 18th of 19 by price per square foot in Jumeirah Garden City.
Market context in Jumeirah Garden City
Registered sales activity
100 ready apartment sales in the 12 months to 2026-10-12.
+2.1% in median AED/sqft versus the preceding year, supported by 100 current and 30 prior price observations.
Explore sales activityPlanned apartment projects
1,282 known registered units across 13 pending projects planned within one year of the 2026-07-06 register.
6 projects had already passed their planned date; 0 have unknown timing.
Explore planned supplySupply against leasing, and same-building moves
2,156 apartments are planned in Jumeirah Garden City from 2026 to 2028, equal to 39% of the 5,588 homes let there today.
New-lease rents fell in 48% of 25 buildings (counted once per bedroom type) with leases in both years; the typical one moved 0.0%.
How these are countedDirect locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.
About Diamond Building
Diamond Building is an apartment building in Jumeirah Garden City. 25 sales are registered with the Dubai Land Department.
Drive times · typical
- Downtown
- 13 min · 5.8 km
- DXB Airport
- 14 min · 13 km
- DIFC
- 9 min · 5.3 km
- Dubai Marina
- 22 min · 22 km
- Palm Jumeirah
- 28 min · 27 km
Nearest, as registered
- Metro
- Emirates Towers Metro Station
- Mall
- Dubai Mall
- Landmark
- Burj Khalifa
Diamond Building: AED 1,700 per sq ft, 23% below the median Jumeirah Garden City building
The building's own figures against its area's registered market, last twelve months.
Price per sq ft
Median registered sale price, AED per sq ft, last 12 months
- Diamond BuildingAED 1,700
- Jumeirah Garden City, readyAED 1,738
- Jumeirah Garden City, off-planAED 2,329
- Dubai, readyAED 1,421
Nearby in Jumeirah Garden City
Prices per sq ft around Diamond Building, on the mapPrices per sq ft around Diamond Building, on the map
Enso Jade
Jumeirah Garden City · 105 sales, 12 months
1.62M
AED, resale median · 2,153/sqft
The Elysian
Jumeirah Garden City · 49 sales, 12 months
1.57M
AED, resale median · 2,243/sqft
Elmora
Jumeirah Garden City · 48 sales, 12 months
1.29M
AED, resale median · 2,795/sqft
Enso Amber
Jumeirah Garden City · 37 sales, 12 months
1.51M
AED, resale median · 2,161/sqft
Before you decide
The facts that can change the return, each with the date it rests on.
- Sales and rents toOn record
- Sales evidence · 2 bedOn record
- Rental evidence · 2 bedRead with care
- Service chargeNot on file, so the yield is gross. Current approved budgets are in DLD's Service Charge Index (Mollak), by project.Not on record
- Project registerNot on record
- Short-term assumptionRead with care
- Costs not includedNot in the yield
Rent or buy
What owning a 2 bed here costs against renting it, at stated assumptions you can change.
Monthly cost of owning against renting, with your own deposit and rateMonthly cost of owning against renting, with your own deposit and rate
Prefilled from Diamond Building’s median sale price and annual rent, with the fees and growth rates listed in the breakdown as of . Change any figure.
More assumptionsFewer assumptions
The site does not hold this building’s service charge; type yours to include it. Residency sets the default down payment: typical bank floor, not a rule.
- Monthly mortgage
- —
- 4.5% over 25 years
- Monthly rent
- —
- Cash needed at purchase
- —
Enter a price, a rent, a rate, a term and a horizon to model the comparison.
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Common questions
- What is the rental yield in Diamond Building?
- No gross yield is published for Diamond Building as of 2026-10-12: no rental contract is registered for it yet. In the last 12 months it had 10 registered sales and 0 new Ejari contracts; a published yield needs at least 5 new contracts and 3 sales. The Jumeirah Garden City median is 4.3% gross.
- How much does a 2 bedroom in Diamond Building cost?
- The median registered sale price is AED 2.27M (1,697 AED/sqft), from 10 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.
- What are apartments in Diamond Building selling for right now?
- Registered sales of ready units in Diamond Building over the last 12 months have a median of 1,697 AED/sqft, across 10 sales. That uses the same trailing year as the rent and yield figures, requires at least five sales, and excludes off-plan. Floor, view and condition move a specific unit's price around it.
- Have prices in Diamond Building risen or fallen?
- Median price per square foot moved +2.9% over the last 12 months against the 12 before it, on 10 sales with a price per square foot. On a sample this size, read the direction rather than the exact figure.
- Does Diamond Building earn more short-term than long-let?
- A night asks a median of AED 1,017, which models to 8.7% net at an assumed 70% occupancy for a self-managed unit, after platform fees, cleaning and utilities. Nightly rates are asking rates sampled across the next 12 months, not registered income.
For agents
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Diamond Building sale record
- Record type
- Building-level property market record
- Data date
- · refreshed
- Evidence base
- 10 registered sales in the last 12 months for the default unit type
- Sources
- Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-term rates
- Canonical record
- /sale/apartments/dubai/jumeirah-garden-city/diamond-building
Cite as: Dubai Wealth Index. “Diamond Building sale prices and yield.” Jumeirah Garden City, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/sale/apartments/dubai/jumeirah-garden-city/diamond-building
Stable dataJSON