Diamond

Completed|117 units · 1 building

Diamond is a completed development by SHAMAL ESTATES L.L.C in Palm Jumeirah, comprising 117 registered units. 234 sales are registered with the Dubai Land Department, at a current PIX© price of AED 3,062 per sqft. At AED 3,062 per sqft, Diamond prices 17% above the Palm Jumeirah median of AED 2,619 per sqft on registered sales.

PIX© price · ↓11.8% YoY

5.39MAED

Typical

3,062AED

PSF

Gross yield

4.8%

PIX© rent ÷ PIX© price

Sale records

234

DLD · all time

Rent contracts

535

Ejari · all time

SATELLITE

LocationPalm Jumeirah

Drive times · typical

Downtown Dubai25 min · 22.9 km

DXB Airport29 min · 32.6 km

DIFC27 min · 25.0 km

Dubai Marina17 min · 8.2 km

Palm Jumeirah9 min · 2.8 km

Nearest · straight-line

Metro stationAl Fardan Exchange Metro station3.6 km

MallDKNY0.4 km

SchoolAsya's Nursery0.4 km

HospitalAl Das Medical Clinic0.4 km

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PIX© Unit History

Pick a building and floor, or select a position in any table below, to follow one unit through every registered owner and tenant.

Floor

Units on floor 5

…

2 Bed on Floor 5, Diamond

Size
Record: Jun 2011 to Jun 2026
Owners: 7
Tenants: 3
Price change
Yield on cost

Sale price by owner

Party	Date	Price / RentAED	Held	Note
3Tenant 3	1 Jun 2026			Owner 7
2Tenant 2	1 May 2025		10 mo	Renewal · Ended early Owner 7
2Tenant 2	1 May 2024		12 mo	Renewal Owner 7
2Tenant 2	1 May 2023		12 mo	Owner 7
7Owner 7	26 Sep 2022		4.0 yrs	Current owner Sold with tenant in place
1Tenant 1	29 Jul 2020		2.7 yrs	Owner 6
6Owner 6	14 Dec 2014		7.8 yrs
5Owner 5	30 Sep 2013		14 mo
4Owner 4	2 Feb 2012		20 mo	Transferred without a registered sale
3Owner 3	29 Jun 2011		7 mo	Transferred without a registered sale
2Owner 2	29 Jun 2011
Owner 1 · Undisclosed		—		Acquisition date and price not on record

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2 Bed · Floor 5 · Diamond

Nightly rateAED

Occupancy (237 nights)

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Diamond3,062AED/sqft · project-wide

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

Type	Units	PIX© Price	PIX© PSF	PSF YoY	Trend	PIX© Rent /yr	Yield
PIX© Core Project-Wide 77 - 5,249 sqft	117	5.39M	3,062	↓11.8%		257K	4.8%
Residential
1 Bed · Apartment 1,296 - 1,869 sqft	34
2 Bed · Apartment 1,677 - 2,414 sqft	30
3 Bed · Apartment 2,266 - 2,392 sqft	26
4 Bed · Apartment 5,217 - 5,249 sqft	2	-	-	-		-	-
Commercial
Warehouse 77 - 435 sqft	25	-	-	-	-	-	-

Sales - Project-Wide234 DLD records

PIX© price analysis

PIX©Entry

PIX©Standard

PIX©Premium

PSF YoY

3-month change

All time

Price range

PSF range

Avg size

Cash : mortgage

Off-plan : ready

Latest transactions

Date	Beds	Position	Size	Price	PSF	vs Prior Sale	Tier	Type
25 Jun 2026	2 Bed	Diamond · Floor D	1,677	3,000,000	1,789	-	Standard	Standard Sale
22 May 2026	1 Bed	Diamond · Floor 4	1,296	4,400,000	3,395	+15.8%	Standard	Standard Sale
4 May 2026	1 Bed	Diamond · Floor 10	1,296	5,325,000	4,109	+38.3%	Standard	Standard Sale

Rentals - Project-Wide535 Ejari contracts

PIX© rent analysis

PIX©Entry

PIX©Standard

PIX©Premium

Rent PSF YoY

Gross yield

All time

Rent range

Renewals

Latest contracts

Start Date	Beds	Position	Size	Rent / Yr	Rent PSF	vs Prior Rent	Tier	Type
16 Oct 2026	2 Bed	Diamond · Floor 10	1,677	320,000	191	-	Standard	CERTIFICATE
1 Sep 2026	3 Bed	Diamond · Floor 12	2,266	292,215	129	-	Standard	CONTRACT
15 Aug 2026	1 Bed	Diamond · Floor G	1,717	200,000	116	-	Standard	CONTRACT

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Map of comparable projects in this community

This projectPeers by PIX© PSF rankSelected comparisonSelect a marker to compare

This project

Diamond

Compared with

Serenia Residences West

PIX© PSF

3,252

Rank

#10 of 35

#9 of 35

Typical price

5.14M

Yield

4.8%

Units

117

Sales

Rents

142

Developer

SHAMAL ESTATES L.L.C

PALMA HOMES REAL ESTATE DEVELOPMENT L.L.C

Handover

Completed

Rank	Project	Units	PIX© PSF	vs subject	Typical price	Yield	Sales	Rents
	Ruby SHAMAL ESTATES L.L.C · Completed	111					17	171
	Serenia Residences East PALMA HOMES REAL ESTATE DEVELOPMENT L.L.C · Completed	58					36	48
	Tanzanite SHAMAL ESTATES L.L.C · Completed	109					28	170
	Tiara Residences SHAMAL ESTATES L.L.C · Completed	847					157	1,505
	Serenia Residences West PALMA HOMES REAL ESTATE DEVELOPMENT L.L.C · Completed	76					34	87
10	Diamond SHAMAL ESTATES L.L.C · Completed	117	3,252	Subject	5.14M	4.8%	32	142
	Seven Palm SEVEN TIDES LIMITED · Completed	1,200					200	600
	Emerald SHAMAL ESTATES L.L.C · Completed	109					41	166
	Serenia Residences The Palm PALMA HOMES REAL ESTATE DEVELOPMENT L.L.C · Completed	242					105	293
	Five Palm Jumeirah S K A I ZAYA REAL ESTATE DEVELOPMENT L.L.C · Completed	708					228	185
	Azure Residences DUBAI HOLDING (L.L.C) · Completed	179					48	380

Community median 2,619 AED/sqft. Showing the closest-ranked peers of 35 ranked projects in the community. 11 community projects excluded for insufficient recorded sales. 23 excluded for trading only in the off-plan market. 25 excluded for insufficient unit-mix overlap. Peer set trimmed to the most similar projects by unit size, vintage and status. PIX© PSF is like-for-like on this project's unit mix · ready and off-plan registrations priced separately · yields from new Ejari contracts · cash sales, last 48 months.

Comparable projects in Palm Jumeirah

The closest-priced registered projects in Palm Jumeirah.

Serenia Residences The PalmAED 3,025/sqft
EmeraldAED 3,120/sqft
Seven PalmAED 3,123/sqft
Five Palm JumeirahAED 2,917/sqft
Serenia Residences WestAED 3,254/sqft
Tiara ResidencesAED 3,260/sqft

Common questions about Diamond

Answered from Dubai Land Department registered transactions.

How much does a property in Diamond cost?

Property in Diamond sells at a current PIX© price of AED 3,062 per sqft, or about AED 5,388,351 for a typical unit, based on 234 sales registered with the Dubai Land Department.

Is Diamond completed?

Yes. Diamond is recorded as completed in the Dubai Land Department project register.

Who is the developer of Diamond?

Diamond is developed by SHAMAL ESTATES L.L.C, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Diamond?

Diamond yields 4.8% gross, calculated from current PIX© rent against current PIX© sale price, across 535 registered Ejari contracts.

How many units are in Diamond?

Diamond holds 117 registered units, per the Dubai Land Department unit register.

Have prices in Diamond gone up or down?

Price per sqft has fallen -11.8% over the last 12 months, to AED 3,062, across 234 registered sales.