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Studio · 401 sqftMarina Diamond Tower 2, Dubai Marina · 13th floor · completed 2007

1302, Marina Diamond Tower 2

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

Unit 1302 · DLD and Ejari recordsUpdated 15 June 2024
Last soldAED 655K15 April 2024
Current rentAED 60K /yr15 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1302, Marina Diamond Tower 2

What is 1302 worth today?

Last sold for AED 655,000 in 2024

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15 Jun 2024RentedNew contract
AED 60,000/yr12 months · AED 150 per sqft
15 Apr 2024SoldReady
AED 655,000AED 1,633 per sqft
25 Feb 2023RentedRenewal
AED 40,000/yr12 months · AED 100 per sqft
25 Feb 2022RentedRenewal
AED 32,400/yr12 months · AED 81 per sqft
25 Feb 2021RentedNew contract
AED 27,000/yr12 months · AED 68 per sqft
29 Oct 2019RentedNew contract
AED 35,000/yr12 months · AED 88 per sqft
15 Apr 2018RentedNew contract
AED 50,000/yr12 months · AED 126 per sqft
28 Jan 2017RentedNew contract
AED 60,000/yr12 months · AED 151 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 June 2024.

Key facts

Type
Studio apartment
Size
401 sqft
Floor
13th of 15
Parking
56 B1
Developer
Diamond Developers
Completed
2007
Service charge
AED 7,300 /yr
Last sold
AED 655K · April 2024
Building
Marina Diamond Tower 2

About 1302, Marina Diamond Tower 2

1302 is a studio of 401 sqft on the 13th floor of Marina Diamond Tower 2, a 15-storey tower in Dubai Marina completed in 2007 by Diamond Developers. It last sold on 15 April 2024 for AED 655,000, or AED 1,633 per sqft, 17% above the AED 1,390 studios in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 15 June 2024, is AED 60,000 a year: a gross yield of 9.2% on the 2024 price, before the service charge of about AED 7,300 a year.

Sales and rents for 1302 over time

Sales
Unit 1302, 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, October 2008: AED 350,000 (AED 872 per sqft)Sold, November 2013: AED 635,000 (AED 1,583 per sqft)Sold, April 2024: AED 655,000 (AED 1,633 per sqft)

1302 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1302, 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, December 2013: AED 60,000 a yearNew contract, January 2017: AED 60,000 a yearNew contract, April 2018: AED 50,000 a yearNew contract, October 2019: AED 35,000 a yearNew contract, February 2021: AED 27,000 a yearRenewal, February 2022: AED 32,400 a yearRenewal, February 2023: AED 40,000 a yearNew contract, June 2024: AED 60,000 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 1302 sits

All 87 studios →

1302 last sold in April 2024 at AED 1,633 per sqft, 17% above what studios in Marina Diamond Tower 2 were fetching at the time (AED 1,390). 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. 1302's AED 60,000 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 13th floor

All 276 units in Marina Diamond Tower 2
Value
13012-bedAED 975K · Apr 2023
13032-bedAED 670K · May 2012
13041-bedAED 471K · Mar 2010
1305StudioAED 315K · Oct 2013
13061-bedAED 685K · Apr 2024
13071-bedAED 715K · Feb 2017
1308StudioAED 660K · Oct 2017
1–7 of 17

1302, Marina Diamond Tower 2 in numbers

  • Sold 3 times: first on 7 October 2008 for AED 350,000, last on 15 April 2024 for AED 655,000 (AED 1,633 per sqft).
  • Rented since December 2013 on 8 Ejari contracts. The rent fell from AED 60,000 to AED 27,000 in 2021 and recovered to AED 60,000 by June 2024.
  • At AED 60,000 a year the gross yield on the 2024 price is 9.2%, 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 June 2024.

Questions about 1302, Marina Diamond Tower 2

What did unit 1302 last sell for?

AED 655,000 on 15 April 2024: AED 1,633 per sqft for 401 sqft. The unit has 3 registered sales; the first was AED 350,000 in October 2008.

What is the rent for unit 1302?

AED 60,000 a year on the contract signed on 15 June 2024. The previous contract, from February 2023, was AED 40,000; the unit has been rented since December 2013.

How big is unit 1302?

401 sqft (37.3 sqm): a studio on the 13th floor of a 15-storey tower completed in 2007.

What is unit 1302 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 1302, Marina Diamond Tower 2

Starts from the last sale price (AED 655K, 15 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 655,000
Deposit, UAE resident (20%)
AED 131,000
Deposit, non-resident (40%)
AED 262,000
Monthly over 25 years at 3.7%
AED 2,680

Plus AED 32,520 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →