Home
Dubai prices
About
Research
Studio · 196 sqftMarina Diamond Tower 2, Dubai Marina · 1st floor · completed 2007

111, Marina Diamond Tower 2

Sold prices and rental history: sold 3 times, last in November 2022, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 111 · DLD and Ejari recordsUpdated 7 February 2025
Last soldAED 499K21 November 2022
Current rentAED 60K /yr7 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 111, Marina Diamond Tower 2

What is 111 worth today?

Last sold for AED 499,000 in 2022

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

7 Feb 2025RentedNew contract
AED 59,679/yr6 months · AED 149 per sqft
5 Mar 2024RentedNew contract
AED 70,000/yr12 months · AED 175 per sqft
21 Nov 2022SoldReady
AED 499,000AED 1,244 per sqft
23 Dec 2021SoldReady
AED 380,000AED 947 per sqft
27 Nov 2020RentedNew contract
AED 25,000/yr12 months · AED 63 per sqft
1 Feb 2015RentedNew contract
AED 62,000/yr12 months · AED 156 per sqft
6 Jul 2008Sold by developerReady
AED 269,152AED 671 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 7 February 2025.

Key facts

Type
Studio apartment
Size
196 sqft
Floor
1st of 15
Parking
8 G.F
Developer
Diamond Developers
Completed
2007
Service charge
AED 3,600 /yr
Last sold
AED 499K · November 2022
Building
Marina Diamond Tower 2

About 111, Marina Diamond Tower 2

111 is a studio of 196 sqft on the 1st floor of Marina Diamond Tower 2, a 15-storey tower in Dubai Marina completed in 2007 by Diamond Developers. It last sold on 21 November 2022 for AED 499,000, or AED 1,244 per sqft, 16% above the AED 1,073 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 4 Ejari contracts. The current contract, signed on 7 February 2025, is AED 59,679 a year: a gross yield of 12.0% on the 2022 price, before the service charge of about AED 3,600 a year.

Sales and rents for 111 over time

Sales
Unit 111, each saleTypical studio in Marina Diamond Tower 2
200K400K600K2008201320182023Typical 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, July 2008: AED 269,152 (AED 671 per sqft)Sold, December 2021: AED 380,000 (AED 947 per sqft)Sold, November 2022: AED 499,000 (AED 1,244 per sqft)

111 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 111, each contractTypical studio in Marina Diamond Tower 2
25K50K75K2012201620202024Typical 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, February 2015: AED 62,000 a yearNew contract, November 2020: AED 25,000 a yearNew contract, March 2024: AED 70,000 a yearNew contract, February 2025: AED 59,679 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 111 sits

All 87 studios →

111 last sold in November 2022 at AED 1,244 per sqft, 16% above what studios in Marina Diamond Tower 2 were fetching at the time (AED 1,073). 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. 111's AED 59,679 is in the upper half 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 1st floor

All 276 units in Marina Diamond Tower 2
Value
101AED 1.3M · Sep 2025
1021-bedAED 1.05M · Jul 2014
1032-bedAED 790K · Nov 2022
1041-bedAED 920K · Jul 2025
105StudioAED 605K · Dec 2024
1061-bedAED 754K · Feb 2022
1071-bedAED 363K · Apr 2009
1–7 of 17

111, Marina Diamond Tower 2 in numbers

  • Sold 3 times: first on 6 July 2008 for AED 269,152, last on 21 November 2022 for AED 499,000 (AED 1,244 per sqft).
  • Rented since February 2015 on 4 Ejari contracts. The rent fell from AED 62,000 to AED 25,000 in 2020 and recovered to AED 59,679 by February 2025.
  • At AED 59,679 a year the gross yield on the 2022 price is 12.0%, before a service charge of about AED 3,600 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 7 February 2025.

Questions about 111, Marina Diamond Tower 2

What did unit 111 last sell for?

AED 499,000 on 21 November 2022: AED 1,244 per sqft for 196 sqft. The unit has 3 registered sales; the first was AED 269,152 in July 2008.

What is the rent for unit 111?

AED 59,679 a year on the contract signed on 7 February 2025. The previous contract, from March 2024, was AED 70,000; the unit has been rented since February 2015.

How big is unit 111?

196 sqft (18.2 sqm): a studio on the 1st floor of a 15-storey tower completed in 2007.

What is unit 111 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.

Selling 111? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 111, Marina Diamond Tower 2

Starts from the last sale price (AED 499K, 21 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 499,000
Deposit, UAE resident (20%)
AED 99,800
Deposit, non-resident (40%)
AED 199,600
Monthly over 25 years at 3.7%
AED 2,042

Plus AED 23,868 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →