970 sqftMarina Diamond Tower 2, Dubai Marina · 14th floor · completed 2007

1401, Marina Diamond Tower 2

Sold prices and rental history: sold twice, last in September 2008, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1401 · DLD and Ejari recordsUpdated 2 March 2021

Last soldAED 1.78M23 September 2008

Current rentAED 52K /yr2 March 2021

Estimated yieldfree after one verification

Today's valuefree after one verification

Property timeline for 1401, Marina Diamond Tower 2

Today

What is 1401 worth today?

Last sold for AED 1,776,748 in 2008

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2 Mar 2021

2 Mar 2021RentedRenewal

AED 52,000/yr12 months · AED 54 per sqft

2 Mar 2020

2 Mar 2020RentedNew contract

AED 65,000/yr12 months · AED 67 per sqft

1 Apr 2019

1 Apr 2019RentedNew contract

AED 100,000/yr12 months · AED 103 per sqft

1 Apr 2018

1 Apr 2018RentedNew contract

AED 100,000/yr12 months · AED 103 per sqft

1 Apr 2017

1 Apr 2017RentedRenewal

AED 110,000/yr12 months · AED 113 per sqft

1 Apr 2016

1 Apr 2016RentedRenewal

AED 110,000/yr12 months · AED 113 per sqft

1 Apr 2015

1 Apr 2015RentedNew contract

AED 110,000/yr12 months · AED 113 per sqft

14 Dec 2012

14 Dec 2012RentedNew contract

AED 65,000/yr12 months · AED 67 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 2 March 2021.

Key facts

Type: Apartment
Size: 970 sqft
Floor: 14th of 15
Parking: 73 B1
Developer: Diamond Developers
Completed: 2007
Service charge: AED 17,800 /yr
Last sold: AED 1.78M · September 2008
Building: Marina Diamond Tower 2

About 1401, Marina Diamond Tower 2

1401 is an apartment of 970 sqft on the 14th floor of Marina Diamond Tower 2, a 15-storey tower in Dubai Marina completed in 2007 by Diamond Developers. It last sold on 23 September 2008 for AED 1,776,748, or AED 1,831 per sqft.

It has been rented continuously since 2012 on 8 Ejari contracts. The current contract, renewed on 2 March 2021, is AED 52,000 a year: a gross yield of 2.9% on the 2008 price, before the service charge of about AED 17,800 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 14th floor

All 276 units in Marina Diamond Tower 2


1402	Studio	401 sqft	AED 340KAED 340,000 · Feb 2021February 2021	59,000 /yr
1403	2-bed	484 sqft	AED 930KAED 930,000 · Jun 2018June 2018	95,000 /yr
1404	1-bed	681 sqft	AED 1.5MAED 1,500,000 · Jun 2025June 2025	70,000 /yr
1405	Studio	418 sqft	AED 780KAED 780,000 · Jul 2014July 2014	50,000 /yr
1406	1-bed	572 sqft	AED 480KAED 480,000 · Aug 2021August 2021	74,000 /yr
1407	1-bed	572 sqft	AED 450KAED 450,000 · Sep 2009September 2009	42,000 /yr
1408	Studio	418 sqft	AED 655KAED 655,000 · Jul 2017July 2017	56,000 /yr
1409	1-bed	647 sqft	AED 495KAED 495,000 · Jan 2022January 2022	15,000 /yr
1410	2-bed	970 sqft	AED 618KAED 618,471 · Oct 2011October 2011	100,000 /yr
1411	Studio	401 sqft	AED 310KAED 310,000 · Jun 2008June 2008
1412	2-bed	970 sqft	AED 1.05MAED 1,050,000 · Jul 2024July 2024	115,000 /yr
1413	1-bed	666 sqft	AED 520KAED 520,000 · Jun 2021June 2021	40,000 /yr
1414	Studio	438 sqft	AED 515KAED 515,000 · Sep 2012September 2012	48,000 /yr
1415	1-bed	589 sqft	AED 400KAED 400,000 · Aug 2016August 2016	34,000 /yr
1416		589 sqft	AED 565KAED 565,000 · Jan 2010January 2010	102,000 /yr
1417	Studio	438 sqft	AED 356KAED 356,000 · Nov 2014November 2014	60,000 /yr
1418	1-bed	666 sqft	AED 491KAED 491,450 · Aug 2008August 2008	67,000 /yr

1–7 of 17

1401, Marina Diamond Tower 2 in numbers

Sold twice: first on 31 August 2008 for AED 625,747, last on 23 September 2008 for AED 1,776,748 (AED 1,831 per sqft).
Rented since December 2012 on 8 Ejari contracts, from AED 65,000 to AED 52,000 a year.
At AED 52,000 a year the gross yield on the 2008 price is 2.9%, before a service charge of about AED 17,800 a year (AED 18.33 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 2 March 2021.

Questions about 1401, Marina Diamond Tower 2

What did unit 1401 last sell for?

AED 1,776,748 on 23 September 2008: AED 1,831 per sqft for 970 sqft. The unit has 2 registered sales; the first was AED 625,747 in August 2008.

What is the rent for unit 1401?

AED 52,000 a year on the contract renewed on 2 March 2021. The previous contract, from March 2020, was AED 65,000; the unit has been rented since December 2012.

How big is unit 1401?

970 sqft (90.1 sqm): an apartment on the 14th floor of a 15-storey tower completed in 2007.

What is unit 1401 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 1401, Marina Diamond Tower 2

Starts from the last sale price (AED 1.78M, 23 September 2008). Switch to today's estimate once you have unlocked it.

Price: AED 1,776,748
Deposit, UAE resident (20%): AED 355,350
Deposit, non-resident (40%): AED 710,699
Monthly over 25 years at 3.7%: AED 7,269

Plus AED 79,633 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →