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Studio · 401 sqftMarina Diamond Tower 2, Dubai Marina · 12th floor · completed 2007

1202, Marina Diamond Tower 2

Sold prices and rental history: sold twice, last in May 2012, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1202 · DLD and Ejari recordsUpdated 15 November 2021
Last soldAED 325K7 May 2012
Current rentAED 35K /yr15 November 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1202, Marina Diamond Tower 2

What is 1202 worth today?

Last sold for AED 325,000 in 2012

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15 Nov 2021RentedNew contract
AED 35,000/yr12 months · AED 88 per sqft
3 Nov 2020RentedRenewal
AED 32,000/yr12 months · AED 80 per sqft
3 Nov 2019RentedNew contract
AED 36,000/yr12 months · AED 90 per sqft
3 Nov 2018RentedRenewal
AED 48,000/yr12 months · AED 121 per sqft
3 Nov 2016RentedNew contract
AED 60,000/yr12 months · AED 151 per sqft
7 May 2012SoldReady
AED 325,000AED 810 per sqft
19 Apr 2012Sold by developerReady
AED 460,000AED 1,147 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 November 2021.

Key facts

Type
Studio apartment
Size
401 sqft
Floor
12th of 15
Parking
38 B1
Developer
Diamond Developers
Completed
2007
Service charge
AED 7,300 /yr
Last sold
AED 325K · May 2012
Building
Marina Diamond Tower 2

About 1202, Marina Diamond Tower 2

1202 is a studio of 401 sqft on the 12th floor of Marina Diamond Tower 2, a 15-storey tower in Dubai Marina completed in 2007 by Diamond Developers. It last sold on 7 May 2012 for AED 325,000, or AED 810 per sqft, 7% below the AED 867 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, signed on 15 November 2021, is AED 35,000 a year: a gross yield of 10.8% on the 2012 price, before the service charge of about AED 7,300 a year.

Sales and rents for 1202 over time

Sales
Unit 1202, 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, April 2012: AED 460,000 (AED 1,147 per sqft)Sold, May 2012: AED 325,000 (AED 810 per sqft)

1202 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1202, 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 60,000 a yearRenewal, November 2018: AED 48,000 a yearNew contract, November 2019: AED 36,000 a yearRenewal, November 2020: AED 32,000 a yearNew contract, November 2021: AED 35,000 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 1202 sits

All 87 studios →

1202 last sold in May 2012 at AED 810 per sqft, 7% below what studios in Marina Diamond Tower 2 were fetching at the time (AED 867). 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. 1202's AED 35,000 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 12th floor

All 276 units in Marina Diamond Tower 2
Value
12012-bedAED 1.18M · Oct 2023
12032-bedAED 626K · May 2008
12041-bedAED 468K · Jan 2014
1205StudioAED 465K · Dec 2008
1206AED 900K · Aug 2025
12071-bedAED 428K · Nov 2008
1208StudioAED 245K · Apr 2025
1–7 of 17

1202, Marina Diamond Tower 2 in numbers

  • Sold twice: first on 19 April 2012 for AED 460,000, last on 7 May 2012 for AED 325,000 (AED 810 per sqft).
  • Rented since November 2016 on 5 Ejari contracts, from AED 60,000 to AED 35,000 a year.
  • At AED 35,000 a year the gross yield on the 2012 price is 10.8%, before a service charge of about AED 7,300 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 15 November 2021.

Questions about 1202, Marina Diamond Tower 2

What did unit 1202 last sell for?

AED 325,000 on 7 May 2012: AED 810 per sqft for 401 sqft. The unit has 2 registered sales; the first was AED 460,000 in April 2012.

What is the rent for unit 1202?

AED 35,000 a year on the contract signed on 15 November 2021. The previous contract, from November 2020, was AED 32,000; the unit has been rented since November 2016.

How big is unit 1202?

401 sqft (37.3 sqm): a studio on the 12th floor of a 15-storey tower completed in 2007.

What is unit 1202 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 1202, Marina Diamond Tower 2

Starts from the last sale price (AED 325K, 7 May 2012). Switch to today's estimate once you have unlocked it.
Price
AED 325,000
Deposit, UAE resident (20%)
AED 65,000
Deposit, non-resident (40%)
AED 130,000
Monthly over 25 years at 3.7%
AED 1,330

Plus AED 16,560 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →