2-bed · 968 sqftMarina Diamond Tower 2, Dubai Marina · 10th floor · completed 2007

1001, Marina Diamond Tower 2

Sold prices and rental history: sold once, by the developer in October 2009, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1001 · DLD and Ejari recordsUpdated 15 December 2023
Last soldAED 617K25 October 2009
Current rentAED 94K /yr15 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1001, Marina Diamond Tower 2

What is 1001 worth today?

Last sold for AED 617,400 in 2009

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15 Dec 2023RentedNew contract
AED 94,300/yr12 months · AED 97 per sqft
15 Dec 2022RentedNew contract
AED 82,000/yr12 months · AED 85 per sqft
7 Jul 2021RentedNew contract
AED 51,000/yr12 months · AED 53 per sqft
1 Jul 2020RentedNew contract
AED 56,000/yr12 months · AED 58 per sqft
1 Jun 2019RentedNew contract
AED 66,000/yr12 months · AED 68 per sqft
15 Oct 2018RentedNew contract
AED 80,000/yr12 months · AED 83 per sqft
5 Oct 2017RentedNew contract
AED 80,000/yr12 months · AED 83 per sqft
9 May 2016RentedNew contract
AED 100,000/yr12 months · AED 103 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 December 2023.

Key facts

Type
2-bed apartment
Size
968 sqft
Floor
10th of 15
Parking
1 B1
Developer
Diamond Developers
Completed
2007
Service charge
AED 17,700 /yr
Last sold
AED 617K · October 2009

About 1001, Marina Diamond Tower 2

1001 is a two-bedroom apartment of 968 sqft on the 10th floor of Marina Diamond Tower 2, a 15-storey tower in Dubai Marina completed in 2007 by Diamond Developers. The developer sold it on 25 October 2009 for AED 617,400, or AED 637 per sqft, in line with the AED 635 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, signed on 15 December 2023, is AED 94,300 a year: a gross yield of 15.3% on the 2009 price, before the service charge of about AED 17,700 a year.

Sales and rents for 1001 over time

Sales
Unit 1001, each saleTypical two-bed in Marina Diamond Tower 2
500K1M2008201320182023Typical sale price by year: 2008 AED 611,022; 2009 AED 612,409; 2010 AED 722,500; 2011 AED 644,236; 2012 AED 670,000; 2013 AED 920,000; 2014 AED 1,300,000; 2015 AED 1,100,000; 2016 AED 962,500; 2017 AED 1,062,500; 2018 AED 850,000; 2019 AED 760,000; 2021 AED 750,000; 2023 AED 925,000; 2024 AED 1,075,000; 2025 AED 1,225,000Sold by developer, October 2009: AED 617,400 (AED 637 per sqft)

1001 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1001, each contractTypical two-bed in Marina Diamond Tower 2
50K75K100K20112015201920232027Typical rent by year: 2011 AED 70,000; 2012 AED 65,000; 2013 AED 65,000; 2014 AED 90,000; 2015 AED 100,000; 2016 AED 92,500; 2017 AED 90,000; 2018 AED 75,500; 2019 AED 65,500; 2020 AED 58,000; 2021 AED 51,000; 2022 AED 71,500; 2023 AED 82,500; 2024 AED 95,000; 2025 AED 99,500; 2026 AED 102,500New contract, May 2013: AED 90,000 a yearNew contract, May 2014: AED 105,000 a yearNew contract, July 2015: AED 100,000 a yearNew contract, May 2016: AED 100,000 a yearNew contract, October 2017: AED 80,000 a yearNew contract, October 2018: AED 80,000 a yearNew contract, June 2019: AED 66,000 a yearNew contract, July 2020: AED 56,000 a yearNew contract, July 2021: AED 51,000 a yearNew contract, December 2022: AED 82,000 a yearNew contract, December 2023: AED 94,300 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Marina Diamond Tower 2, and where 1001 sits

All 55 2-beds →

1001 last sold in October 2009 at AED 637 per sqft, in line with what two-beds in Marina Diamond Tower 2 were fetching at the time (AED 635). 1001's AED 94,300 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
24 Jun 20251,250,000
17 Jun 20251,490,000
18 Apr 20251,200,000
19 Feb 20251,165,000
0 2-bed sales in the last 12 months

Marina Diamond Tower 2

Building

276 apartments, studios to 2-bed over 15 floors in Dubai Marina, completed in 2007 by Diamond Developers. 2 sold in the last 12 months.

Typical price per sqft
AED 1,591
Typical sale
AED 785K
Typical rent
AED 72K /yr
Typical yield
7.6%
Marina Diamond Tower 2, Dubai Marina: prices, sales and rents →

Other units on the 10th floor

All 276 units in Marina Diamond Tower 2
Value
1002StudioAED 400K · Feb 2010
10032-bedAED 1.16M · Oct 2023
10041-bedAED 461K · Jul 2008
1005StudioAED 308K · Aug 2008
10061-bedAED 372K · Oct 2008
10071-bedAED 510K · Jan 2021
1008StudioAED 350K · Mar 2009
1–7 of 17

1001, Marina Diamond Tower 2 in numbers

  • Sold once: by Diamond Developers on 25 October 2009 for AED 617,400, or AED 637 per sqft.
  • Rented since May 2013 on 11 Ejari contracts. The rent fell from AED 90,000 to AED 51,000 in 2021 and recovered to AED 94,300 by December 2023.
  • At AED 94,300 a year the gross yield on the 2009 price is 15.3%, before a service charge of about AED 17,700 a year (AED 18.33 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 15 December 2023.

Questions about 1001, Marina Diamond Tower 2

What did unit 1001 last sell for?

AED 617,400 on 25 October 2009, sold by the developer: AED 637 per sqft for 968 sqft. It is the only registered sale of the unit.

What is the rent for unit 1001?

AED 94,300 a year on the contract signed on 15 December 2023. The previous contract, from December 2022, was AED 82,000; the unit has been rented since May 2013.

How big is unit 1001?

968 sqft (89.9 sqm): a two-bedroom apartment on the 10th floor of a 15-storey tower completed in 2007.

What is unit 1001 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 1001, Marina Diamond Tower 2

Starts from the last sale price (AED 617K, 25 October 2009). Switch to today's estimate once you have unlocked it.
Price
AED 617,400
Deposit, UAE resident (20%)
AED 123,480
Deposit, non-resident (40%)
AED 246,960
Monthly over 25 years at 3.7%
AED 2,526

Plus AED 30,941 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →