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Ready building · Diamond Developers

Diamond, Palm Jumeirah

Highlights

Diamond at a glance

About Diamond

Diamond is a mixed-use building in Palm Jumeirah, Dubai, developed by Diamond Developers. It holds about 117 units: 1-bedroom apartments, 2-bedroom apartments, 3-bedroom apartments, 4-bedroom apartments, commercial units.

The building was completed in 2012 and has been in use for about 14 years. 6 units changed hands in the last 12 months, registered with the Dubai Land Department. Recent sales went through at a median of AED 3,048 per sq ft.

Diamond is one of 148 buildings in Palm Jumeirah: 88 are complete and 22 are still being built.

In a nutshell

  • A mixed-use ready building
  • Located in Palm Jumeirah, Dubai
  • Developed by Diamond Developers
  • Completed in Q1 2012
  • Unit types: 1 Bed, 2 Beds, 3 Beds, 4 Beds, Commercial
  • Sizes from 60 to 5,250 sq ft
  • Service charge from AED 7.4 per sq ft
  • Nakheel metro station 3.5 km away
Status
Ready
Developer
Diamond Developers
Location
Palm Jumeirah, Dubai
Completed
Q1 2012
Unit types
1 Bed, 2 Beds, 3 Beds, 4 Beds, Commercial
Prices from
AED 1.1M
Median price per sq ft
AED 3,048
Median gross yield
4.6%
Service charge
AED 19.32 per sq ft (2017)
Nearest metro
Palm Jumeirah, 2.4 km

Building details

Inside Diamond

Properties in Diamond

1-bedroom apartments in Diamond

There are about 34 of these in Diamond, from 1,300 to 1,870 sq ft. They have recently sold for a median of AED 4.5M, or AED 3,430 per sq ft. Owners who resold made a median 14% over what they paid.

2-bedroom apartments in Diamond

There are about 30 of these in Diamond, from 1,680 to 2,410 sq ft. They have recently sold for a median of AED 3.0M, or AED 1,790 per sq ft. Owners who resold made a median 3% over what they paid.

3-bedroom apartments in Diamond

There are about 26 of these in Diamond, from 2,270 to 2,390 sq ft. None has sold recently enough to quote a price.

4-bedroom apartments in Diamond

There are about 2 of these in Diamond, from 5,220 to 5,250 sq ft. None has sold recently enough to quote a price.

Commercial units in Diamond

There are about 25 of these in Diamond, from 60 to 4,970 sq ft. None has sold recently enough to quote a price.

Unit types in Diamond with sizes, median prices and rents
Unit typeUnitsSizeMedian priceMedian rent
1 Bed341,300 sqft120.8 sqmt – 1,870 sqft173.7 sqmtAED 4.5MAED 210K
2 Beds301,680 sqft156.1 sqmt – 2,410 sqft223.9 sqmtAED 3MAED 267.5K
3 Beds262,270 sqft210.9 sqmt – 2,390 sqft222 sqmtNo recent salesAED 367.5K
4 Beds25,220 sqft485 sqmt – 5,250 sqft487.7 sqmtNo recent sales–
Commercial2560 sqft5.6 sqmt – 4,970 sqft461.7 sqmtNo recent sales–

Recent transactions in Diamond

  • Diamond, Tiara Residence

    Palm Jumeirah

    AED 4.5M

    AED 3,472 /sqftAED 37,372 /sqmt

    ReadyApartment
    1,296 sqft120.4 sqmt1 BedOwner23 Sept 2026

  • Diamond, Tiara Residence

    Palm Jumeirah

    AED 3M

    AED 1,789 /sqftAED 19,257 /sqmt

    ReadyApartment
    1,677 sqft155.8 sqmt2 BedsOwner25 Jun 2026

  • Diamond, Tiara Residence

    Palm Jumeirah

    AED 4.4M

    AED 3,395 /sqftAED 36,543 /sqmt

    ReadyApartment
    1,296 sqft120.4 sqmt1 BedOwner22 May 2026

  • Diamond, Tiara Residence

    Palm Jumeirah

    AED 5.3M

    AED 4,109 /sqftAED 44,229 /sqmt

    ReadyApartment
    1,296 sqft120.4 sqmt1 BedOwner4 May 2026

  • Diamond, Tiara Residence

    Palm Jumeirah

    AED 4.2M

    AED 3,241 /sqftAED 34,886 /sqmt

    ReadyApartment
    1,296 sqft120.4 sqmt1 BedOwner16 Dec 2025

  • Diamond, Tiara Residence

    Palm Jumeirah

    AED 6.8M

    AED 4,055 /sqftAED 43,648 /sqmt

    ReadyApartment
    1,677 sqft155.8 sqmt2 BedsOwner6 Nov 2025

  • Diamond, Tiara Residence

    Palm Jumeirah

    AED 3.6M

    AED 2,701 /sqftAED 29,073 /sqmt

    ReadyApartment
    1,333 sqft123.8 sqmt1 BedOwner31 Oct 2025

  • Diamond, Tiara Residence

    Palm Jumeirah

    AED 3.9M

    AED 3,009 /sqftAED 32,389 /sqmt

    ReadyApartment
    1,296 sqft120.4 sqmt1 BedOwner20 Aug 2025

  • Diamond, Tiara Residence

    Palm Jumeirah

    AED 6.8M

    AED 4,055 /sqftAED 43,648 /sqmt

    ReadyApartment
    1,677 sqft155.8 sqmt2 BedsOwner22 May 2025

  • Diamond, Tiara Residence

    Palm Jumeirah

    AED 3.8M

    AED 2,932 /sqftAED 31,560 /sqmt

    ReadyApartment
    1,296 sqft120.4 sqmt1 BedOwner1 May 2025

  • Diamond, Tiara Residence

    Palm Jumeirah

    AED 6.4M

    AED 3,787 /sqftAED 40,763 /sqmt

    ReadyApartment
    1,677 sqft155.8 sqmt2 BedsOwner12 Mar 2025

  • Diamond, Tiara Residence

    Palm Jumeirah

    AED 3.3M

    AED 2,546 /sqftAED 27,405 /sqmt

    ReadyApartment
    1,296 sqft120.4 sqmt1 BedOwner17 Jan 2025

  • Diamond, Tiara Residence

    Palm Jumeirah

    AED 4.4M

    AED 2,533 /sqftAED 27,265 /sqmt

    ReadyApartment
    1,717 sqft159.5 sqmt1 BedOwner15 Jan 2025

  • Diamond, Tiara Residence

    Palm Jumeirah

    AED 4.3M

    AED 3,279 /sqftAED 35,295 /sqmt

    ReadyApartment
    1,296 sqft120.4 sqmt1 BedOwner7 Jan 2025

  • Diamond, Tiara Residence

    Palm Jumeirah

    AED 8M

    AED 3,530 /sqftAED 37,997 /sqmt

    ReadyApartment
    2,266 sqft210.5 sqmt3 BedsOwner10 Dec 2024

  • Diamond, Tiara Residence

    Palm Jumeirah

    AED 4M

    AED 3,086 /sqftAED 33,217 /sqmt

    ReadyApartment
    1,296 sqft120.4 sqmt1 BedOwner27 Nov 2024

  • Diamond, Tiara Residence

    Palm Jumeirah

    AED 3.8M

    AED 2,901 /sqftAED 31,226 /sqmt

    ReadyApartment
    1,296 sqft120.4 sqmt1 BedOwner8 Aug 2024

  • Diamond, Tiara Residence

    Palm Jumeirah

    AED 3.6M

    AED 2,778 /sqftAED 29,902 /sqmt

    ReadyApartment
    1,296 sqft120.4 sqmt1 BedOwner30 May 2024

  • Diamond, Tiara Residence

    Palm Jumeirah

    AED 3.6M

    AED 2,778 /sqftAED 29,902 /sqmt

    ReadyApartment
    1,296 sqft120.4 sqmt1 BedOwner30 May 2024

  • Diamond, Tiara Residence

    Palm Jumeirah

    AED 3.8M

    AED 2,932 /sqftAED 31,560 /sqmt

    ReadyApartment
    1,296 sqft120.4 sqmt1 BedOwner25 Apr 2024

  • Diamond, Tiara Residence

    Palm Jumeirah

    AED 210K/yr

    ApartmentRenewal
    1,296 sqft120.4 sqmt1 Bedto

  • Diamond, Tiara Residence

    Palm Jumeirah

    AED 215K/yr

    ApartmentRenewal
    1,677 sqft155.8 sqmt2 Bedsto

  • Diamond, Tiara Residence

    Palm Jumeirah

    AED 460K/yr

    ApartmentRenewal
    2,392 sqft222.2 sqmt3 Bedsto

  • Diamond, Tiara Residence

    Palm Jumeirah

    AED 275K/yr

    ApartmentNew contract
    2,392 sqft222.2 sqmt3 Bedsto

  • Diamond, Tiara Residence

    Palm Jumeirah

    AED 320K/yr

    ApartmentRenewal
    1,677 sqft155.8 sqmt2 Bedsto

Every sale in DiamondEvery rent contract in Diamond

Service charges in Diamond

The 2017 service charge in Diamond is AED 7.4 per sq ft for hotel, AED 19.32 per sq ft for homes, AED 22.44 per sq ft for shops. It is paid yearly by the owner, covers upkeep, security and shared areas, and is set by the building’s owners association and registered with the Dubai Land Department.

Service charges in Diamond
Unit typeRate per sq ftSizeYearly charge
1 Bed Apartment (2017)AED 19.321,300 sqft120.8 sqmt – 1,870 sqft173.7 sqmtAED 25,116 – AED 36,128
2 Beds Apartment (2017)AED 19.321,680 sqft156.1 sqmt – 2,410 sqft223.9 sqmtAED 32,458 – AED 46,561
3 Beds Apartment (2017)AED 19.322,270 sqft210.9 sqmt – 2,390 sqft222 sqmtAED 43,856 – AED 46,175
4 Beds Apartment (2017)AED 19.325,220 sqft485 sqmt – 5,250 sqft487.7 sqmtAED 100,850 – AED 101,430
Retail (2017)AED 22.4460 sqft5.6 sqmt – 4,970 sqft461.7 sqmtAED 1,346 – AED 111,527

Source: Dubai Land Department service charge index. Rates are reviewed each year.

Nearby amenities

Around Diamond

Transportation near Diamond

The nearest Dubai Metro station from Diamond is Nakheel (red line, 3.5 km, about 9 min drive), then Dubai Internet City (red line, 3.7 km, about 9 min drive). Stations planned on new lines nearby include Palm Jumeirah (orange line, 2.4 km, about 7 min drive) and Knowledge Village (orange line, 2.5 km, about 7 min drive). Most residents will drive or take a taxi to the metro.

  • Palm JumeirahOrange line · 2.4 km · about 7 min drive
  • Knowledge VillageOrange line · 2.5 km · about 7 min drive
  • Al SufuohOrange line · 2.6 km · about 7 min drive
  • Media CityOrange line · 2.6 km · about 7 min drive
  • Mina SeyahiOrange line · 2.9 km · about 8 min drive
  • Marina TowersOrange line · 3.4 km · about 9 min drive

Shopping and groceries near Diamond

The closest is Limited retail along Shoreline Apartments, 0.8 km from Diamond (about 10 min walk).

  • Limited retail along Shoreline ApartmentsShopping Mall · 0.8 km · about 10 min walk
  • The PointeShopping Mall · 2.3 km · about 7 min drive
  • Spinneys / Emaar Towers, Dubai MarinaSupermarket · 3.4 km · about 9 min drive
  • Marina WalkShopping Mall · 3.5 km · about 9 min drive
  • Al Maya / Bahar 6, Jumeirah Beach ResidenceSupermarket · 4.2 km · about 10 min drive

Restaurants and hotels near Diamond

The closest is The Residences, Palm Jumeirah, 0.4 km from Diamond (about 5 min walk).

  • The Residences, Palm JumeirahHotel · 0.4 km · about 5 min walk
  • Lotus Hotel Apartments & Spa - MarinaHotel · 0.4 km · about 5 min walk
  • Marina View Deluxe Hotel ApartmentHotel · 0.5 km · about 6 min walk
  • Oceana, The Palm JumeirahHotel · 0.7 km · about 8 min walk
  • One&Only Royal MirageHotel · 2.3 km · about 7 min drive

Hospitals and clinics near Diamond

The closest is Mediclinic - Al Sufouh, 2.6 km from Diamond (about 7 min drive).

  • Mediclinic - Al SufouhHospital · 2.6 km · about 7 min drive
  • Cosmesurge & Emirates HospitalHospital · 3.3 km · about 9 min drive
  • Dr Marc Mueller VIP ClinicHospital · 3.4 km · about 9 min drive
  • Armada Medical CentreHospital · 4.6 km · about 11 min drive
  • Eternity Medicine Institute DubaiHospital · 4.8 km · about 12 min drive

Parks and leisure near Diamond

The closest is JBR Beach, 4.3 km from Diamond (about 11 min drive).

  • JBR BeachPark · 4.3 km · about 11 min drive

Schools near Diamond

The nearest is Icademy Middle East Fz.Llc, 2.6 km away. Ratings are the KHDA's latest inspection grades.

  • Icademy Middle East Fz.LlcAmerican · KHDA: Not inspected yet · 2.6 km
  • Dubai CollegeUK · KHDA: Outstanding · 2.9 km
  • The International School of ChoueifatSABIS (UK/US) · KHDA: Acceptable · 3.3 km
  • GEMS Dubai American Academy - Dubai BranchAmerican - International Baccalaureate · KHDA: Outstanding · 4.3 km
  • GEMS Wellington International School - Dubai BranchUK - UK/IB - International Baccalaureate (1 · KHDA: Outstanding · 4.3 km
  • American School DubaiAmerican · KHDA: Good · 4.5 km

Other buildings in Palm Jumeirah

Palm Jumeirah has 148 buildings. A few others to compare Diamond with:

All 148 Palm Jumeirah buildings →

Things to consider about Diamond

In its favour

  • Owners who resold have made money: a median gain of up to 14%.
  • Ready to move into or let, with no construction risk.
  • Several schools within 3 km.

Worth checking

  • Few sales each year, so a resale can take longer and prices move on a handful of deals.
  • Service charges of up to AED 22.44 per sq ft are on the higher side for Dubai.
  • Completed 14 years ago: ask about maintenance and any planned refurbishment.
  • The nearest running metro station is 3.5 km away, so a car helps.

FAQs

Diamond: questions answered

Diamond was developed by Diamond Developers in Palm Jumeirah.

Diamond is completed in Q1 2012.

Across its 20 most recent registered sales, Diamond sold for a median of AED 3,048 per sq ft and AED 4.1M per unit.

Recent yearly contracts in Diamond have a median rent of AED 275.0K.

The median gross yield on recently sold units in Diamond is 4.6%: the rent the unit earned over its purchase price, before costs.

The 2017 service charge for residential units in Diamond is AED 19.32 per sq ft a year, as registered with the Dubai Land Department.

Diamond has 1 Bed (1,300 to 1,870 sq ft), 2 Beds (1,680 to 2,410 sq ft), 3 Beds (2,270 to 2,390 sq ft), 4 Beds (5,220 to 5,250 sq ft), Commercial (60 to 4,970 sq ft).

Palm Jumeirah is about 2.4 km from Diamond.

The nearest schools include Icademy Middle East Fz.Llc (2.6 km), Dubai College (2.9 km), The International School of Choueifat (3.3 km).

Buying, selling or renting in Diamond?

A broker who works Palm Jumeirah will tell you what is available and what comparable homes went for.

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