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1-bed · 681 sqftMarina Diamond Tower 2, Dubai Marina · 12th floor · completed 2007

1204, Marina Diamond Tower 2

Sold prices and rental history: sold once, by the developer in January 2014, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1204 · DLD and Ejari recordsUpdated 10 September 2024
Last soldAED 468K28 January 2014
Current rentAED 58K /yr10 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1204, Marina Diamond Tower 2

What is 1204 worth today?

Last sold for AED 468,344 in 2014

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10 Sep 2024RentedRenewal
AED 58,200/yr12 months · AED 86 per sqft
10 Sep 2023RentedRenewal
AED 51,000/yr12 months · AED 75 per sqft
10 Sep 2022RentedRenewal
AED 44,000/yr12 months · AED 65 per sqft
10 May 2019RentedNew contract
AED 52,000/yr12 months · AED 77 per sqft
5 May 2018RentedNew contract
AED 60,000/yr12 months · AED 88 per sqft
15 Mar 2017RentedNew contract
AED 70,000/yr12 months · AED 103 per sqft
2 Feb 2016RentedNew contract
AED 77,000/yr12 months · AED 114 per sqft
28 Jan 2014Sold by developerReady
AED 468,344AED 687 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 10 September 2024.

Key facts

Type
1-bed apartment
Size
681 sqft
Floor
12th of 15
Parking
40 B1
Developer
Diamond Developers
Completed
2007
Service charge
AED 12,500 /yr
Last sold
AED 468K · January 2014
Building
Marina Diamond Tower 2

About 1204, Marina Diamond Tower 2

1204 is a one-bedroom apartment of 681 sqft on the 12th floor of Marina Diamond Tower 2, a 15-storey tower in Dubai Marina completed in 2007 by Diamond Developers. The developer sold it on 28 January 2014 for AED 468,344, or AED 687 per sqft, 38% below the AED 1,112 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, renewed on 10 September 2024, is AED 58,200 a year: a gross yield of 12.4% on the 2014 price, before the service charge of about AED 12,500 a year.

Sales and rents for 1204 over time

Sales
Unit 1204, each saleTypical one-bed in Marina Diamond Tower 2
500K750K2008201320182023Typical sale price by year: 2008 AED 440,433; 2009 AED 444,574; 2010 AED 471,119; 2011 AED 525,000; 2012 AED 460,500; 2013 AED 670,000; 2014 AED 820,000; 2015 AED 770,000; 2016 AED 775,000; 2017 AED 785,000; 2018 AED 720,000; 2019 AED 500,000; 2020 AED 437,500; 2021 AED 510,000; 2022 AED 590,000; 2023 AED 705,000; 2024 AED 830,000; 2025 AED 900,000Sold by developer, January 2014: AED 468,344 (AED 687 per sqft)

1204 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1204, each contractTypical one-bed in Marina Diamond Tower 2
40K60K80K2012201620202024Typical rent by year: 2012 AED 52,000; 2013 AED 60,000; 2014 AED 72,000; 2015 AED 75,000; 2016 AED 75,000; 2017 AED 68,000; 2018 AED 60,000; 2019 AED 50,000; 2020 AED 40,500; 2021 AED 39,000; 2022 AED 45,000; 2023 AED 58,000; 2024 AED 70,000; 2025 AED 65,500; 2026 AED 75,000New contract, February 2016: AED 77,000 a yearNew contract, March 2017: AED 70,000 a yearNew contract, May 2018: AED 60,000 a yearNew contract, May 2019: AED 52,000 a yearRenewal, September 2022: AED 44,000 a yearRenewal, September 2023: AED 51,000 a yearRenewal, September 2024: AED 58,200 a year

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

1-beds in Marina Diamond Tower 2, and where 1204 sits

All 122 1-beds →

1204 last sold in January 2014 at AED 687 per sqft, 38% below what one-beds in Marina Diamond Tower 2 were fetching at the time (AED 1,112). Over the last 12 months one-beds sold for AED 920,000, around AED 1,561 per sqft, and rent for AED 55,000 to 90,000 a year. 1204's AED 58,200 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
9 Feb 2026920,000
30 Jul 2025900,000
22 Jul 2025905,000
22 Jul 2025920,000
1 1-bed 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
1202StudioAED 325K · May 2012
12032-bedAED 626K · May 2008
1205StudioAED 465K · Dec 2008
1206AED 900K · Aug 2025
12071-bedAED 428K · Nov 2008
1208StudioAED 245K · Apr 2025
1–7 of 17

1204, Marina Diamond Tower 2 in numbers

  • Sold once: by Diamond Developers on 28 January 2014 for AED 468,344, or AED 687 per sqft.
  • Rented since February 2016 on 7 Ejari contracts. The rent fell from AED 77,000 to AED 44,000 in 2022 and recovered to AED 58,200 by September 2024.
  • At AED 58,200 a year the gross yield on the 2014 price is 12.4%, before a service charge of about AED 12,500 a year (AED 18.33 per sqft).
  • One-beds in Marina Diamond Tower 2 sold for AED 920,000–920,000 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 10 September 2024.

Questions about 1204, Marina Diamond Tower 2

What did unit 1204 last sell for?

AED 468,344 on 28 January 2014, sold by the developer: AED 687 per sqft for 681 sqft. It is the only registered sale of the unit.

What is the rent for unit 1204?

AED 58,200 a year on the contract renewed on 10 September 2024. The previous contract, from September 2023, was AED 51,000; the unit has been rented since February 2016.

How big is unit 1204?

681 sqft (63.3 sqm): a one-bedroom apartment on the 12th floor of a 15-storey tower completed in 2007.

What is unit 1204 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Marina Diamond Tower 2 sold for AED 920,000 to 920,000 in the last 12 months, around AED 1,561 per sqft.

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Mortgage on 1204, Marina Diamond Tower 2

Starts from the last sale price (AED 468K, 28 January 2014). Switch to today's estimate once you have unlocked it.
Price
AED 468,344
Deposit, UAE resident (20%)
AED 93,669
Deposit, non-resident (40%)
AED 187,338
Monthly over 25 years at 3.7%
AED 1,916

Plus AED 22,581 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →