Diamond
A 1 bed in Diamond costs a median AED 4.10M, rents long-let for AED 180,000/yr (4.29% gross), and returns 4.35% short-let at the assumed 80% occupancy — -0.7 pts vs Palm Jumeirah's 5.00% and -2.7 pts vs Dubai's 6.97% — from 10 sales and 103 rental contracts registered in the last 24 months through 26 Aug 2026.
- Registered data
- Sales · 1 bed
- 4 in 12 months
- Rental contracts · 1 bed
- 47 in 12 months
- Buy
- 4.10MAED
- AED 3,048/sqft
- Long-let
- 4.29%
- AED 180,000/yr
- Short-let
- 4.35%
- AED 815/night · 0.61/sqft
Priced off the last 5 sales — most recent May 2026.
- Yield spread
- -0.7 pts
- vs the Palm Jumeirah median for this unit type
- Turnover upside
- +21.4%
- new tenants pay more than sitting ones — 168 renewals
- AED/yr/sqft
- AED 135
- Sales
- 10
- Rental contracts
- 103
- Renewal rent
- AED 148,250/yr
- 12 months
- +11.7%
Based on 10 sales and 103 rental contracts in the last 24 months. Rental data covers the whole Tiara Residence project, not this tower alone.
Diamond is an apartment building in Palm Jumeirah, Dubai, one of the towers in the Tiara Residence development. The closest metro station is Knowledge Village, the nearest mall Marina Mall and the nearest landmark Burj Al Arab. Land Department records for it run from 2015 to 2026, 144 registered sales in all — the 10 in the last 24 months are what every median above is computed from.
Price history
Every recorded sale in Diamond, by year.
Chart data: Jan 2015, 2137 AED/sqft; latest, Jun 2026, 2770 AED/sqft; peak, Jan 2025, 3530 AED/sqft.
Yield by bedroom type
Deltas compare each yield with the Palm Jumeirah median for the same unit type. How these yields are computed
How these yields are computed
- 3 bed: Priced off the last 5 sales — most recent December 2024.
Short-let rates around Diamond
Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.
How short-let rates are measured
Nightly rate per sqft through the year
1 bed: first Oct 2026, 0.54 AED/night/sqft; latest Aug 2027, 0.48 AED/night/sqft; peak Jan 2027, 0.88 AED/night/sqft.
Net revenue assumes 80% occupancy — an assumption, not a measurement.
What the net revenue deducts
Off-plan vs resale
Units sold off-plan in Diamond between 2009 and 2010 went for a median of AED 1,815/sqft (AED 3.16M). The same building resells today at AED 3,241/sqft (AED 4.25M) — an uplift of +34.4%.
Based on 75 off-plan sales across the building's full history.
Why this uses the full history
Recent transactions
As filed with the Land Department — data to 2026-08-26.
6 resales in the last 12 months, against 9 a year on average over 2023–2025.
Sales
1 resales in the last 3 months.
Rental contracts
The rent figures on this page are pooled from this building’s project, so no individual contract can be attributed to this tower.
Nearby
- Metro
- Knowledge Village
- Mall
- Marina Mall
- Landmark
- Burj Al Arab
Compare with nearby buildings
The most-traded buildings in Tiara Residence, on the same figures over the same window.
- Highest rental yields in Palm Jumeirah · Diamond places 21st of 51
- Aquamarine · 5.10%
- Emerald · 6.34%
- Tanzanite · 4.52%
- Ruby · 6.48%
- Passo by Beyond - TOWER A
- Seven Hotel & Apartments the Palm - A · 8.17%
- The Palm Tower · 10.38%
- The 8 · 6.97%
Common questions
- What is the rental yield in Diamond?
- Diamond returns 4.29% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 103 rental contracts registered in the last 24 months.
- How much does a 1 bedroom in Diamond cost?
- The median registered sale price is AED 4.10M (3,048 AED/sqft), from 10 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
- Have prices in Diamond risen or fallen?
- Median price per square foot moved +11.7% over the last 12 months against the 12 before it, on 10 registered sales. On a sample this size, read the direction rather than the exact figure.
- How does Diamond compare with Palm Jumeirah?
- Its 4.29% gross yield sits -0.7 pts against the Palm Jumeirah median of 5.00%, computed at the same bedroom grain over the same 24-month window.
- Does Diamond earn more short-let than long-let?
- A night asks a median of AED 815, which models to 4.35% net at an assumed 80% occupancy for a self-managed unit, after platform fees, cleaning and utilities — against 4.29% gross on the registered long lease. Nightly rates are asking rates sampled across the next 12 months, not registered income.
Diamond sale record
- Record type
- Building-level property market record
- Data date
- Evidence base
- 10 registered sales in the trailing 24 months for the default unit type
- Sources
- Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-let rates
- Canonical record
- /sale/apartments/dubai/palm-jumeirah/diamond
Cite as: Dubai Wealth Index. “Diamond sale prices and yield.” Palm Jumeirah, Dubai. Data to 2026-08-26. https://dubaiwealthindex.com/sale/apartments/dubai/palm-jumeirah/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.