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A 1 bed in Diamond costs a median AED 4.40M, rents long-let for AED 170,000/yr (3.9% gross), and returns 3.5% short-term at the assumed 70% occupancy.

Satellite view of Diamond, Palm Jumeirah, Dubai, centred on its registered pin. Apple Maps.
Satellite view of the registered pin · Apple Maps

1 bed · typical price

4.40MAED

AED 3,395/sqft · +14.3% on a year

Rent a year
AED 170,000
Gross yield
3.9%
vs Palm Jumeirah
21% above the median
Cost to buy, all inAED 4.67M
Price
AED 4.40M
DLD fee 4%
AED 176,000
Agent 2% + VAT
AED 92,400
Trustee
AED 4,200

Fees repaid by rent19 months

Against this building’s registered sales of the same type.

Ask about Diamond →

Is Diamond a good investment?Prices rising; the rent pays below the Dubai median

  1. Does it pay a good rent?3.9% gross, before the service charge (not on file) (Dubai median 6.8%)3.9%Watch
  2. Are rents going up?New 1 bed leases: AED 177,500 a year ago, AED 170,000 now (pooled across the project)-4.2%
  3. Are prices going up?1 bed: AED 2,971/sqft a year ago, 3,395 now+14.3%Strength
  4. How fast do fees pay back?AED 272,600 in fees to buy a 1 bed; rent covers it in 1.6 years1.6 yrs
  5. Can I sell easily?7 sales in 12 months (9 the year before)7
  6. Is a lot being built nearby?1,706 apartments are planned in Palm Jumeirah from 2026 to 2028, equal to 44% of the 3,913 homes let there today. A further 125 are past their planned date. Palm Jumeirah supply by year →44%Fair
  7. Did earlier buyers gain?Up 74% for buyers 5 years ago; up 86% for launch buyers, before fees+73.8%Context

Readings use published thresholds · 1 bed figures, the most traded type · Data to 12 Oct 2026

Check an asking price →How each reading works →

Diamond prices and rents by unit typeA one-bed costs about AED 4.40M and rents for about AED 170,000 a year

TypeMedian priceGross yieldNew rent12-month changeSales
1 bedAED 4.40M3,395/sqftlaunch 1,792 +89.5%3.9%-1.3 ptsAED 170,00045 contracts+14.3%5
2 bedAED 4.90M2,922/sqftpooled rent, not per buildingpooled rent, not per buildingunder 5 sales in a year2
Appreciation, rental income and short-term detail, by unit type

Appreciation

1 bed · price per sqft · Palm Jumeirah · area median AED 2,802/sqft

vs area median
+21.2%
Rank by price per sqft
6th of 27

Rental income

1 bed · Palm Jumeirah

Median new rent
AED 170,000/yr
Yield vs area median
-1.3 pts
Yield vs Dubai (6.8%)
-2.9 pts
Yield rank
16th of 16
Renewal rent
AED 152,658/yr
New tenants pay vs sitting (80 renewals)
+11.4%

Short-term income

1 bed · 70% occupancy · 7-night stays · within 500 m

Median nightly rate
AED 815
Net revenue
AED 154,220/yr
vs long-let rent
0.9×
Listings seen
23+

Read with care

  • Rental data covers the whole Tiara Residence project, not this tower alone.

Price history and sales

As filed with the Land Department — data to 2026-10-12.

Median price paid, 1 bed, as a rolling 3-month median. The band along the bottom is the number of records each month.

Chart data, 1 bed: Mar 2009, AED 2,322,250; latest, Sep 2026, AED 4,500,000; peak, May 2026, AED 4,862,500.

Did earlier buyers gain?

Median paid per sqft, all types, against today’s 3,395 · before fees

Launch, 2009–10
1,830
+86%
5 years ago
1,953
+74%
3 years ago
2,916
+16%
Previous 12 months
3,086
+10%
Last 12 months
3,395
today

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.

7 resales in the last 12 months, against 9 a year on average over 2023–2025.

DateTypeSqftPriceAED/sqft
23 Sept 20261 bed1,296AED 4,500,0003,472
25 Jun 20262 bed1,677AED 3,000,0001,789
22 May 20261 bed1,296AED 4,400,0003,395
4 May 20261 bed1,296AED 5,325,0004,109
16 Dec 20251 bed1,296AED 4,200,0003,241
6 Nov 20252 bed1,677AED 6,800,0004,055
3 Nov 20251 bed1,333AED 3,600,0002,701

7 resales in the last 12 months.

Short-term rates around Diamond

Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.

70%
TypeNightly, AEDNet revenue at 70%Long-let rentUpliftNet yield
1 bed500 m cluster · 23+ listings seen8150.63/sqftAED 154,220AED 170,0000.9×3.5%
2 bed500 m cluster · 3+ listings seen1,2560.75/sqftAED 243,039AED 263,7500.9×—

Rows marked 500 m cluster widen to the surrounding listings because the building itself had too few of that type.

Nightly rate through the year

Comparables in Palm Jumeirah

Every Palm Jumeirah building with a page, ranked by price per sqft over the same 12 months, all unit types. Diamond places 35th of 93; the nearest 8 are shown.

RankBuildingMedian priceAED/sqftGross yield12-month changeSales
31Oceana BalticAED 6.00M3,510+3.4%—+19.4%5
32Palm Beach Towers- 374% · Q4 2026 · off-plan 3,590/sqftAED 4.35M3,461+1.9%—-5.3%12
33Seven Hotel & Apartments the Palm - ACompleted 2022 · off-plan 1,942/sqftAED 1.70M3,456+1.8%5.9%-3.5%51
34TanzaniteCompleted 2009 · off-plan 1,869/sqftAED 5.75M3,429+1.0%4.5%+24.8%5
35Diamond · this buildingCompleted 2009 · off-plan 1,815/sqftAED 4.40M3,3955.9%+10.0%7
36Palm Beach Towers-282% · Q4 2026 · off-plan 3,164/sqftAED 7.76M3,290-3.1%—-0.3%18
37Oceana AtlanticAED 6.55M3,228-4.9%—+20.0%5
38Al Haseer B7AED 6.20M3,161-6.9%—+2.4%5
39Al HatimiAED 5.90M3,103-8.6%—+4.3%5

Rank 1 is the dearest per square foot. Differences are against Diamond (AED 3,395/sqft); yields need a publishable price and are blank where the recorded prices are share transfers.

At 1 bed, Diamond has registered sale prices 21% above the Palm Jumeirah median price per square foot of 2,802 AED, across 27 eligible buildings. It ranks 6th of 27 by price per square foot and 16th of 16 by gross yield in Palm Jumeirah.

Market context in Palm Jumeirah

Registered sales activity

748 ready apartment sales in the 12 months to 2026-10-12.

+3.4% in median AED/sqft versus the preceding year, supported by 748 current and 1,092 prior price observations.

Explore sales activity

Planned apartment projects

1,382 known registered units across 7 pending projects planned within one year of the 2026-07-06 register.

3 projects had already passed their planned date; 2 have unknown timing.

Explore planned supply

Supply against leasing, and same-building moves

1,706 apartments are planned in Palm Jumeirah from 2026 to 2028, equal to 44% of the 3,913 homes let there today.

Ready prices per sqft fell in 26% of 34 buildings (counted once per bedroom type) in Palm Jumeirah with sales in both years; the typical one moved +3.4%.

New-lease rents fell in 81% of 16 buildings (counted once per bedroom type) with leases in both years; the typical one moved −6.8%.

How these are counted
Find service-charge budget evidence for Diamond

Direct 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.

The Tiara Residence towers

6 towers in Tiara Residence, at the bedroom type above.

TowerPriceAED/sqftRent a yearGross yield
Amber—none——none—
AquamarineAED 4.05M3 sales3,125AED 170,000project pool4.2%
Diamond · this buildingAED 4.40M5 sales3,395AED 170,000project pool3.9%
EmeraldAED 3.92M4 sales3,029AED 170,000project pool4.3%
Ruby—2 sales, too few—AED 170,000project pool—
Tanzanite—2 sales, too few—AED 170,000project pool—

Ejari files Tiara Residence’s leases under the project, not a tower, so 5 towers share one rent: the project figure above, counted once. Prices are each tower’s own registered sales.

Palm Jumeirah: every development at this type
DevelopmentRent a yearPriceAED/sqftGross yield
Palm Views1 developments, pooled—none—1 sale, too few——
West1 tower—none—1 sale, too few——
Balqis Residence5 towers—none—2 sales, too few——
Fairmont Palm Residence2 towers · rent filed for the projectAED 150,00058 contractsAED 2.76M8 sales1,9915.4%
Golden Mile10 towers · rent filed for the projectAED 130,00057 contractsAED 2.67M8 sales2,0084.9%
Grandeur Residences2 towers · rent filed for the projectAED 122,50022 contractsAED 2.02M9 sales1,9216.1%
Passo By Beyond2 towers—noneAED 4.85M59 sales5,184—
Royal Amwaj2 towers · rent filed for the projectAED 150,00039 contractsAED 2.60M19 sales2,1435.8%
Serenia Residences the Palm3 towers · rent filed for the projectAED 150,00024 contractsAED 3.40M6 sales2,8664.4%
Seven Hotel and Apartments The Palm2 towers · rent filed for the projectAED 130,00069 contractsAED 2.10M24 sales2,9346.2%
Tiara Residence · this development6 towers · rent filed for the projectAED 170,00045 contractsAED 4.03M16 sales3,0864.2%
All of Palm Jumeirahevery building, in a project or notAED 150,000513 contractsAED 3.38M264 sales3,0054.4%

Medians of registered sales and new Ejari leases in the 12 months to 12 Oct 2026, pooled across each development’s towers at 1 bed. A median needs 3 rows; a dash with a count means fewer. Developments sharing a name are grouped under it; DLD itself records no such parent.

About Diamond

Diamond is an apartment building completed in 2009 in Palm Jumeirah. 73 sales are registered with the Dubai Land Department.

Pinned from Google's place record for the registered name.Open in Google Maps

Drive times · typical

Downtown
25 min · 22 km
DXB Airport
30 min · 35 km
DIFC
21 min · 24 km
Dubai Marina
15 min · 8.0 km
Palm Jumeirah
13 min · 4.6 km

Nearest, as registered

Metro
Knowledge Village
Mall
Marina Mall
Landmark
Burj Al Arab

Diamond: AED 3,395 per sq ft, 20% above the median Palm Jumeirah building, and a 5.9% gross yield, above the area's median 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

  1. DiamondAED 3,395
  2. Palm Jumeirah, readyAED 2,663
  3. Palm Jumeirah, off-planAED 5,539
  4. Dubai, readyAED 1,421
Dark: this building. Grey: the area's ready and off-plan medians, and Dubai's ready median. Source: DLD registered sales.

Gross yield against the area's buildings

Axis: gross yield, % of price

DiamondPalm Jumeirah median building

  1. Palm Jumeirah5.9% vs 5.1%
Line: the 10th to 90th percentile of 50 buildings in Palm Jumeirah. Gross: before service charge, vacancy and fees. Sources: DLD, Ejari.

Upcoming supply in Palm Jumeirah, by handover quarter

Prices per sq ft around Diamond, on the map
Pills show median sale price, AED. 81 buildings pinned from Google place records and Apple geocoding · Diamond is the inverted pinOpen in Apple Maps

Before you decide

The facts that can change the return, each with the date it rests on.

Rent or buy

What owning a 1 bed here costs against renting it, at stated assumptions you can change.

Monthly cost of owning against renting, with your own deposit and rate

Prefilled from Diamond’s median sale price and annual rent, with the fees and growth rates listed in the breakdown as of . Change any figure.

Residency
More 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
19,565AED
4.5% over 25 years
Monthly rent
14,167AED
AED 170,000 a year
Cash needed at purchase
1,199,600AED
20% down plus AED 319,600 in fees

Owning costs AED 435,224 less than renting over 5 years, once the sale is counted.

Buying overtakes renting in year 3.

Cumulative cost by year: renting (solid) against owning net of a sale that year (dashed), at the assumptions above.

Ask about Diamond

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Common questions

What is the rental yield in Diamond?
Diamond returns 3.9% gross: a median new-contract rent of AED 170,000 a year (45 Ejari contracts in 12 months) over a price benchmark of AED 4.40M (median of 5 sales in the last 12 months, latest Sept 2026), before service charge, agency fees or vacant months.
How much does a 1 bedroom in Diamond cost?
The median registered sale price is AED 4.40M (3,395 AED/sqft), from 5 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.
What are apartments in Diamond selling for right now?
Registered sales of ready units in Diamond over the last 12 months have a median of 3,395 AED/sqft, across 5 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 risen or fallen?
Median price per square foot moved +14.3% over the last 12 months against the 12 before it, on 5 sales with a price per square foot. On a sample this size, read the direction rather than the exact figure.
How does Diamond compare with Palm Jumeirah?
Its 3.9% gross yield sits -1.3 pts against the Palm Jumeirah median of 5.2%, computed the same way at the same bedroom grain. Gross yield divides the median annual rent from new registered Ejari contracts starting in the last 12 months by the median price of the building's registered sales in the last 12 months (at least 3 sales) for the same bedroom type, with ready and off-plan sales counted alike.

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Diamond sale record

Record type
Building-level property market record
Data date
· refreshed
Evidence base
5 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/palm-jumeirah/diamond
Method
Definitions and calculations

Cite as: Dubai Wealth Index. “Diamond sale prices and yield.” Palm Jumeirah, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/sale/apartments/dubai/palm-jumeirah/diamond

Stable dataJSON