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

1216, Marina Diamond Tower 2

Sold prices and rental history: sold 3 times, last in November 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1216 · DLD and Ejari recordsUpdated 11 November 2024
Last soldAED 835K11 November 2024
Current rentAED 40K /yr1 April 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1216, Marina Diamond Tower 2

What is 1216 worth today?

Last sold for AED 835,000 in 2024

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11 Nov 2024SoldReady
AED 835,000AED 1,417 per sqft
1 Apr 2022RentedNew contract
AED 40,000/yr12 months · AED 68 per sqft
16 Aug 2021RentedNew contract
AED 36,000/yr12 months · AED 61 per sqft
16 Mar 2020RentedNew contract
AED 48,000/yr12 months · AED 81 per sqft
16 Mar 2019RentedRenewal
AED 54,000/yr12 months · AED 91 per sqft
1 Feb 2016RentedNew contract
AED 70,000/yr12 months · AED 118 per sqft
1 Dec 2014RentedNew contract
AED 75,000/yr12 months · AED 127 per sqft
28 Jan 2014SoldReady
AED 700,000AED 1,188 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 11 November 2024.

Key facts

Type
1-bed apartment
Size
589 sqft
Floor
12th of 15
Parking
52 B1
Developer
Diamond Developers
Completed
2007
Service charge
AED 10,800 /yr
Last sold
AED 835K · November 2024
Building
Marina Diamond Tower 2

About 1216, Marina Diamond Tower 2

1216 is a one-bedroom 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 11 November 2024 for AED 835,000, or AED 1,417 per sqft, 11% above the AED 1,273 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 1 April 2022, is AED 40,000 a year: a gross yield of 4.8% on the 2024 price, before the service charge of about AED 10,800 a year.

Sales and rents for 1216 over time

Sales
Unit 1216, 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, July 2012: AED 440,501 (AED 747 per sqft)Sold, January 2014: AED 700,000 (AED 1,188 per sqft)Sold, November 2024: AED 835,000 (AED 1,417 per sqft)

1216 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1216, 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, November 2013: AED 65,000 a yearNew contract, December 2014: AED 75,000 a yearNew contract, February 2016: AED 70,000 a yearRenewal, March 2019: AED 54,000 a yearNew contract, March 2020: AED 48,000 a yearNew contract, August 2021: AED 36,000 a yearNew contract, April 2022: AED 40,000 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 1216 sits

All 122 1-beds →

1216 last sold in November 2024 at AED 1,417 per sqft, 11% above what one-beds in Marina Diamond Tower 2 were fetching at the time (AED 1,273). 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. 1216's AED 40,000 is at the bottom 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
12041-bedAED 468K · Jan 2014
1205StudioAED 465K · Dec 2008
1206AED 900K · Aug 2025
12071-bedAED 428K · Nov 2008
1–7 of 17

1216, Marina Diamond Tower 2 in numbers

  • Sold 3 times: first on 31 July 2012 for AED 440,501, last on 11 November 2024 for AED 835,000 (AED 1,417 per sqft).
  • Rented since November 2013 on 7 Ejari contracts. The rent fell from AED 65,000 to AED 36,000 in 2021 and recovered to AED 40,000 by April 2022.
  • At AED 40,000 a year the gross yield on the 2024 price is 4.8%, before a service charge of about AED 10,800 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 11 November 2024.

Questions about 1216, Marina Diamond Tower 2

What did unit 1216 last sell for?

AED 835,000 on 11 November 2024: AED 1,417 per sqft for 589 sqft. The unit has 3 registered sales; the first was AED 440,501 in July 2012.

What is the rent for unit 1216?

AED 40,000 a year on the contract signed on 1 April 2022. The previous contract, from August 2021, was AED 36,000; the unit has been rented since November 2013.

How big is unit 1216?

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

What is unit 1216 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 1216, Marina Diamond Tower 2

Starts from the last sale price (AED 835K, 11 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 835,000
Deposit, UAE resident (20%)
AED 167,000
Deposit, non-resident (40%)
AED 334,000
Monthly over 25 years at 3.7%
AED 3,416

Plus AED 40,080 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →