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

1215, Marina Diamond Tower 2

Sold prices and rental history: sold twice, last in April 2010, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1215 · DLD and Ejari recordsUpdated 10 October 2024
Last soldAED 500K25 April 2010
Current rentAED 70K /yr10 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1215, Marina Diamond Tower 2

What is 1215 worth today?

Last sold for AED 500,000 in 2010

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10 Oct 2024RentedRenewal
AED 70,000/yr13 months · AED 118 per sqft
1 Oct 2023RentedNew contract
AED 70,000/yr12 months · AED 118 per sqft
10 Sep 2022RentedNew contract
AED 48,000/yr12 months · AED 81 per sqft
3 Jul 2022RentedNew contract
AED 48,000/yr12 months · AED 81 per sqft
5 Aug 2020RentedNew contract
AED 35,000/yr12 months · AED 59 per sqft
7 Jul 2019RentedNew contract
AED 40,000/yr12 months · AED 68 per sqft
7 Jul 2019RentedNew contract
AED 40,000/yr12 months · AED 68 per sqft
15 Jun 2013RentedNew contract
AED 55,000/yr12 months · AED 93 per sqft

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

Key facts

Type
Apartment
Size
589 sqft
Floor
12th of 15
Parking
51 B1
Developer
Diamond Developers
Completed
2007
Service charge
AED 10,800 /yr
Last sold
AED 500K · April 2010

About 1215, Marina Diamond Tower 2

1215 is an apartment of 589 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 25 April 2010 for AED 500,000, or AED 848 per sqft.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 10 October 2024, is AED 70,000 a year: a gross yield of 14.0% on the 2010 price, before the service charge of about AED 10,800 a year.

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
12041-bedAED 468K · Jan 2014
1205StudioAED 465K · Dec 2008
1206AED 900K · Aug 2025
12071-bedAED 428K · Nov 2008
1–7 of 17

1215, Marina Diamond Tower 2 in numbers

  • Sold twice: first on 26 May 2008 for AED 415,295, last on 25 April 2010 for AED 500,000 (AED 848 per sqft).
  • Rented since June 2013 on 8 Ejari contracts. The rent fell from AED 55,000 to AED 35,000 in 2020 and recovered to AED 70,000 by October 2024.
  • At AED 70,000 a year the gross yield on the 2010 price is 14.0%, before a service charge of about AED 10,800 a year (AED 18.33 per sqft).

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

Questions about 1215, Marina Diamond Tower 2

What did unit 1215 last sell for?

AED 500,000 on 25 April 2010: AED 848 per sqft for 589 sqft. The unit has 2 registered sales; the first was AED 415,295 in May 2008.

What is the rent for unit 1215?

AED 70,000 a year on the contract renewed on 10 October 2024. The previous contract, from October 2023, was AED 70,000; the unit has been rented since June 2013.

How big is unit 1215?

589 sqft (54.7 sqm): an apartment on the 12th floor of a 15-storey tower completed in 2007.

What is unit 1215 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 1215, Marina Diamond Tower 2

Starts from the last sale price (AED 500K, 25 April 2010). Switch to today's estimate once you have unlocked it.
Price
AED 500,000
Deposit, UAE resident (20%)
AED 100,000
Deposit, non-resident (40%)
AED 200,000
Monthly over 25 years at 3.7%
AED 2,046

Plus AED 26,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →