Studio · 418 sqftMarina Diamond Tower 2, Dubai Marina · 10th floor · completed 2007

1008, Marina Diamond Tower 2

Sold prices and rental history: sold once, by the developer in March 2009, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1008 · DLD and Ejari recordsUpdated 12 May 2021
Last soldAED 350K17 March 2009
Current rentAED 28K /yr12 May 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1008, Marina Diamond Tower 2

What is 1008 worth today?

Last sold for AED 350,255 in 2009

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12 May 2021RentedNew contract
AED 28,000/yr12 months · AED 67 per sqft
10 Jun 2019RentedNew contract
AED 44,000/yr12 months · AED 105 per sqft
25 Jan 2018RentedNew contract
AED 50,000/yr12 months · AED 119 per sqft
15 Nov 2016RentedNew contract
AED 55,000/yr12 months · AED 131 per sqft
17 Mar 2009Sold by developerReady
AED 350,255AED 838 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 12 May 2021.

Key facts

Type
Studio apartment
Size
418 sqft
Floor
10th of 15
Parking
8 B1
Developer
Diamond Developers
Completed
2007
Service charge
AED 7,700 /yr
Last sold
AED 350K · March 2009

About 1008, Marina Diamond Tower 2

1008 is a studio of 418 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 17 March 2009 for AED 350,255, or AED 838 per sqft, 9% above the AED 766 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 4 Ejari contracts. The current contract, signed on 12 May 2021, is AED 28,000 a year: a gross yield of 8.0% on the 2009 price, before the service charge of about AED 7,700 a year.

Sales and rents for 1008 over time

Sales
Unit 1008, each saleTypical studio in Marina Diamond Tower 2
400K600K2008201320182023Typical sale price by year: 2008 AED 324,119; 2009 AED 379,328; 2010 AED 401,035; 2011 AED 336,000; 2012 AED 430,000; 2013 AED 520,000; 2014 AED 675,000; 2015 AED 682,500; 2017 AED 650,000; 2018 AED 530,000; 2019 AED 482,500; 2021 AED 390,000; 2022 AED 490,000; 2023 AED 535,000; 2024 AED 650,000; 2025 AED 700,000Sold by developer, March 2009: AED 350,255 (AED 838 per sqft)

1008 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1008, each contractTypical studio in Marina Diamond Tower 2
40K60K2012201620202024Typical rent by year: 2012 AED 41,000; 2013 AED 50,000; 2014 AED 62,000; 2015 AED 63,000; 2016 AED 60,000; 2017 AED 55,000; 2018 AED 48,000; 2019 AED 42,000; 2020 AED 30,500; 2021 AED 31,000; 2022 AED 37,000; 2023 AED 46,100; 2024 AED 55,000; 2025 AED 57,300; 2026 AED 55,500New contract, November 2016: AED 55,000 a yearNew contract, January 2018: AED 50,000 a yearNew contract, June 2019: AED 44,000 a yearNew contract, May 2021: AED 28,000 a year

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

Studios in Marina Diamond Tower 2, and where 1008 sits

All 87 studios →

1008 last sold in March 2009 at AED 838 per sqft, 9% above what studios in Marina Diamond Tower 2 were fetching at the time (AED 766). Over the last 12 months studios sold for AED 650,000, around AED 1,621 per sqft, and rent for AED 44,000 to 70,000 a year. 1008's AED 28,000 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
6 Jan 2026650,000
30 Jul 2025700,000
28 Apr 2025245,000
21 Apr 2025750,000
1 studio sale 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
10012-bedAED 617K · Oct 2009
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
1–7 of 17

1008, Marina Diamond Tower 2 in numbers

  • Sold once: by Diamond Developers on 17 March 2009 for AED 350,255, or AED 838 per sqft.
  • Rented since November 2016 on 4 Ejari contracts, from AED 55,000 to AED 28,000 a year.
  • At AED 28,000 a year the gross yield on the 2009 price is 8.0%, before a service charge of about AED 7,700 a year (AED 18.33 per sqft).
  • Studios in Marina Diamond Tower 2 sold for AED 650,000–650,000 in the 12 months to November 2026; the building's median across all types is AED 1,591 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 12 May 2021.

Questions about 1008, Marina Diamond Tower 2

What did unit 1008 last sell for?

AED 350,255 on 17 March 2009, sold by the developer: AED 838 per sqft for 418 sqft. It is the only registered sale of the unit.

What is the rent for unit 1008?

AED 28,000 a year on the contract signed on 12 May 2021. The previous contract, from June 2019, was AED 44,000; the unit has been rented since November 2016.

How big is unit 1008?

418 sqft (38.8 sqm): a studio on the 10th floor of a 15-storey tower completed in 2007.

What is unit 1008 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Marina Diamond Tower 2 sold for AED 650,000 to 650,000 in the last 12 months, around AED 1,621 per sqft.

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Mortgage on 1008, Marina Diamond Tower 2

Starts from the last sale price (AED 350K, 17 March 2009). Switch to today's estimate once you have unlocked it.
Price
AED 350,255
Deposit, UAE resident (20%)
AED 70,051
Deposit, non-resident (40%)
AED 140,102
Monthly over 25 years at 3.7%
AED 1,433

Plus AED 17,621 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →