Green Diamond 1 in Arjan - Dubai residental property project

Cap rates, sales prices, rents and deal volumes

Sales prices for completed properties in Green Diamond 1

Rooms	Size, sqm	Sale price, AED/sqm	Sale price, AED
2	78	10,604	828,333

Rents in Green Diamond 1

Rooms	Size, sqm	Rent, AED/sqm/ year	Rent, AED
2	79	1,054	83,250
3	97	974	94,500

The cap rate (rental yield) of investments into Green Diamond 1 project is 9.9% on average.

The price of an apartment in Green Diamond 1 is 10,604 AED/sqm on average.

The long term rent of an apartment in Green Diamond 1 is 1,024 AED/sqm/year on average.

Price for completed 2 bedroom apartment in Green Diamond 1 is 828,333 AED or 10,604 AED/sqm.

Rent for 2 bedroom apartment in Green Diamond 1 is 83,250 AED or 1,054 AED/sqm.
Rent for 3 bedroom apartment in Green Diamond 1 is 94,500 AED or 974 AED/sqm.

About Green Diamond 1

'Green Diamond 1' in 'Arjan' area project description

Green Diamond 1 is a residential development project located in Dubai, United Arab Emirates. The project is being developed by the renowned real estate developer, Emaar Properties. It is a part of the larger Green Community development, which is located in the heart of Dubai Investment Park.

Green Diamond 1 is a residential project that offers luxurious apartments and villas. The project consists of two towers, each with 16 floors. The apartments range from one to four bedrooms, with sizes ranging from 1,100 to 2,400 square feet. The villas are available in two, three and four bedroom options, with sizes ranging from 2,400 to 4,400 square feet. The project also offers a variety of amenities, including a swimming pool, a gym, a spa, a children’s play area, a clubhouse, a retail area, and a business center.

The project is strategically located in the heart of Dubai Investment Park, making it easily accessible to major business hubs, shopping malls, and entertainment centers. It is also close to the Dubai International Airport, making it an ideal choice for those who travel frequently.

The project is designed to meet the highest standards of quality and sustainability. It is equipped with modern features and amenities, such as energy-efficient lighting, water-saving fixtures, and solar panels. The project also offers a variety of green initiatives, such as green roofs, rainwater harvesting, and energy-efficient appliances.

Green Diamond 1 is a luxurious residential project that offers an ideal combination of comfort, convenience, and sustainability. It is an ideal choice for those who are looking for a luxurious lifestyle in the heart of Dubai Investment Park.

Q&A on Green Diamond 1

What are the advantages of 'Green Diamond 1' project in Dubai for property buyers? What are the disadvantages?

1. Prime Location: Green Diamond 1 is located in the heart of Dubai, providing easy access to the city’s major attractions, such as the Dubai Mall, Burj Khalifa, and Dubai Marina.

2. Luxurious Amenities: The project offers a range of luxurious amenities, including a gym, swimming pool, sauna, and steam room.

3. High-Quality Construction: The project is built with high-quality materials and features modern design elements.

4. Affordable Prices: The project offers competitive prices for real estate buyers, making it an attractive option for those looking for a luxurious property in a prime location.

5. Flexible Payment Plans: The project offers flexible payment plans, allowing buyers to pay in installments.

6. Rental Opportunities: The project provides rental opportunities for investors, allowing them to generate a steady income from their property.

What projects are better than 'Green Diamond 1' project in Dubai which are located close by, and why?

1. Samana Hills Residences: Offers more luxurious amenities such as a rooftop infinity pool, wellness center, and a tropical-themed courtyard. The design is modern with high-quality interiors, making it a more upscale option.

2. Vincitore Palacio: Key features include European architectural style, premium finishing, and exclusive amenities like a grand boutique-styled lobby, sunlit gymnasium, and resort-style swimming pool.

3. Miracle Residence: Located adjacent to the Dubai Miracle Garden, it provides a unique living experience with direct views of the garden and top-notch amenities including advanced smart home features and a dedicated retail area within the project.

4. Genesis by Meraki: Well-regarded for its smartly designed units optimizing space and lighting, it offers luxury at a competitive price with high-quality finishing, rooftop garden, state-of-the-art fitness center, and proximity to attractions like Dubai Hills.

5. La Fontana Apartments: Offers a combination of affordability and quality, with spacious apartments, a serene environment, dedicated children's play area, and a temperature-controlled swimming pool.

6. Alcove Apartments: Known for its eco-friendly design that maximizes natural light and ventilation. It boasts extensive landscaping, spacious units, and facilities such as an outdoor gym, barbecue area, and dedicated sports court.

What are the closest schools to 'Green Diamond 1' project in Dubai?

GEMS Founders School – Al Barsha, located in Al Barsha South, is approximately a 10-minute drive from Green Diamond 1.
Nord Anglia International School Dubai is situated in Al Barsha South, also around a 10-minute drive away.
Safa Community School is found in the neighboring area of Al Barsha, about a 10-minute drive from Arjan.
The Wonder Years Nursery is located in Al Barsha South 3, within a short 5-minute drive.
Dubai Heights Academy is based in Al Barsha South and is roughly a 12-minute drive.
Kings' School Al Barsha, located in Al Barsha, is approximately 12 minutes away by car.
Foremarke School Dubai, situated in Dubai Science Park, is about a 15-minute drive from Arjan.

What are the closest medical clinics to 'Green Diamond 1' project in Dubai?

1. Mediclinic Parkview Hospital - Located on Umm Suqeim Road, near the intersection with Hessa Street.
2. Apex Medical & Dental Clinics - Situated in the Dubai Science Park, accessible via Al Barsha South.
3. Medicentres Motor City - Positioned in the Detroit House building, Motor City.
4. Saudi German Hospital - Found on Hessa Street, accessible from Al Barsha area.
5. Your Health Clinic - Located in Motor City, within the First Avenue Mall.