Diamond
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.
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
Is Diamond a good investment?Prices rising; the rent pays below the Dubai median
- Does it pay a good rent?3.9% gross, before the service charge (not on file) (Dubai median 6.8%)3.9%Watch
- Are rents going up?New 1 bed leases: AED 177,500 a year ago, AED 170,000 now (pooled across the project)-4.2%
- Are prices going up?1 bed: AED 2,971/sqft a year ago, 3,395 now+14.3%Strength
- 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
- Can I sell easily?7 sales in 12 months (9 the year before)7
- 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
- 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
Diamond prices and rents by unit typeA one-bed costs about AED 4.40M and rents for about AED 170,000 a year
Appreciation, rental income and short-term detail, by unit typeAppreciation, rental income and short-term detail, by unit type
Appreciation
1 bed · price per sqft · Palm Jumeirah · area median AED 2,802/sqft
- 12-month change
- +14.3%
Rental income
1 bed · Palm Jumeirah
- Gross yield
- 3.9%
- 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.
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%
- 66 sales
- 5 years ago
- 1,953
- +74%
- 8 sales
- 3 years ago
- 2,916
- +16%
- 8 sales
- Previous 12 months
- 3,086
- +10%
- 9 sales
- Last 12 months
- 3,395
- today
- 7 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.
7 resales in the last 12 months, against 9 a year on average over 2023–2025.
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.
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 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.
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 activityPlanned 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 supplySupply 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 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.
The Tiara Residence towers
6 towers in Tiara Residence, at the bedroom type above.
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 typePalm Jumeirah: every development at this type
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.
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
- DiamondAED 3,395
- Palm Jumeirah, readyAED 2,663
- Palm Jumeirah, off-planAED 5,539
- Dubai, readyAED 1,421
Gross yield against the area's buildings
Axis: gross yield, % of price
DiamondPalm Jumeirah median building
- Palm Jumeirah5.9% vs 5.1%
Nearby in Palm Jumeirah
Prices per sq ft around Diamond, on the mapPrices per sq ft around Diamond, on the map
Emerald
Palm Jumeirah · 9 sales, 12 months
5.40M
AED, resale median · 3,048/sqft
Tanzanite
Palm Jumeirah · 5 sales, 12 months
5.75M
AED, resale median · 3,429/sqft
Aquamarine
Palm Jumeirah · 4 sales, 12 months
4.58M
AED, resale median · 3,530/sqft
Ruby
Palm Jumeirah · 3 sales, 12 months
3.76M
AED, resale median · 2,901/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 · 1 bedOn record
- Rental evidence · 1 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 registerOn record
- Short-term assumptionRead with care
- Costs not includedNot in the yield
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 rateMonthly 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.
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
- 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.
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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.
For agents
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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
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