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1-bed · 572 sqftMarina Diamond Tower 2, Dubai Marina · 14th floor · completed 2007

1406, Marina Diamond Tower 2

Sold prices and rental history: sold 4 times, last in August 2021, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1406 · DLD and Ejari recordsUpdated 1 November 2024
Last soldAED 480K31 August 2021
Current rentAED 74K /yr1 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1406, Marina Diamond Tower 2

What is 1406 worth today?

Last sold for AED 480,000 in 2021

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1 Nov 2024RentedNew contract
AED 74,000/yr12 months · AED 129 per sqft
1 Oct 2023RentedNew contract
AED 72,000/yr12 months · AED 126 per sqft
9 Apr 2022RentedNew contract
AED 35,000/yr12 months · AED 61 per sqft
17 Jan 2022RentedNew contract
AED 45,000/yr12 months · AED 79 per sqft
1 Nov 2021RentedNew contract
AED 36,000/yr12 months · AED 63 per sqft
31 Aug 2021SoldReady
AED 480,000AED 839 per sqft
5 Dec 2018RentedNew contract
AED 53,000/yr12 months · AED 93 per sqft
23 Nov 2017RentedNew contract
AED 60,000/yr12 months · AED 105 per sqft

Source: Dubai Land Department. Updated 1 November 2024.

Key facts

Type
1-bed apartment
Size
572 sqft
Floor
14th of 15
Parking
78 B1
Developer
Diamond Developers
Completed
2007
Service charge
AED 10,500 /yr
Last sold
AED 480K · August 2021
Building
Marina Diamond Tower 2

About 1406, Marina Diamond Tower 2

1406 is a one-bedroom apartment of 572 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 31 August 2021 for AED 480,000, or AED 839 per sqft, 6% above the AED 792 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, signed on 1 November 2024, is AED 74,000 a year: a gross yield of 15.4% on the 2021 price, before the service charge of about AED 10,500 a year.

Sales and rents for 1406 over time

Sales
Unit 1406, 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, June 2008: AED 443,638 (AED 775 per sqft)Sold, August 2013: AED 650,000 (AED 1,136 per sqft)Sold, December 2013: AED 830,000 (AED 1,451 per sqft)Sold, August 2021: AED 480,000 (AED 839 per sqft)

1406 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1406, 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, June 2014: AED 77,000 a yearNew contract, September 2016: AED 68,000 a yearRenewal, September 2017: AED 61,000 a yearNew contract, November 2017: AED 60,000 a yearNew contract, December 2018: AED 53,000 a yearNew contract, November 2021: AED 36,000 a yearNew contract, January 2022: AED 45,000 a yearNew contract, April 2022: AED 35,000 a yearNew contract, October 2023: AED 72,000 a yearNew contract, November 2024: AED 74,000 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 1406 sits

All 122 1-beds →

1406 last sold in August 2021 at AED 839 per sqft, 6% above what one-beds in Marina Diamond Tower 2 were fetching at the time (AED 792). Over the last 12 months one-beds sold for AED 920,000 to 950,000, around AED 1,587 per sqft, and rent for AED 55,000 to 90,000 a year. 1406's AED 74,000 is in the upper 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
2 1-bed sales 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. 3 sold in the last 12 months.

Typical price per sqft
AED 1,612
Typical sale
AED 920K
Typical rent
AED 73K /yr
Typical yield
7.4%
Marina Diamond Tower 2, Dubai Marina: prices, sales and rents →

Other units on the 14th floor

All 276 units in Marina Diamond Tower 2
Value
1401AED 1.78M · Sep 2008
1402StudioAED 340K · Feb 2021
14032-bedAED 930K · Jun 2018
14041-bedAED 1.5M · Jun 2025
1405StudioAED 780K · Jul 2014
14071-bedAED 450K · Sep 2009
1408StudioAED 655K · Jul 2017
1–7 of 17

1406, Marina Diamond Tower 2 in numbers

  • Sold 4 times: first on 18 June 2008 for AED 443,638, last on 31 August 2021 for AED 480,000 (AED 839 per sqft).
  • Rented since June 2014 on 10 Ejari contracts. The rent fell from AED 77,000 to AED 35,000 in 2022 and recovered to AED 74,000 by November 2024.
  • At AED 74,000 a year the gross yield on the 2021 price is 15.4%, before a service charge of about AED 10,500 a year (AED 18.33 per sqft).
  • One-beds in Marina Diamond Tower 2 sold for AED 920,000–950,000 in the 12 months to November 2026; the building's median across all types is AED 1,612 per sqft.

Source: Dubai Land Department. Updated 1 November 2024.

Questions about 1406, Marina Diamond Tower 2

What did unit 1406 last sell for?

AED 480,000 on 31 August 2021: AED 839 per sqft for 572 sqft. The unit has 4 registered sales; the first was AED 443,638 in June 2008.

What is the rent for unit 1406?

AED 74,000 a year on the contract signed on 1 November 2024. The previous contract, from October 2023, was AED 72,000; the unit has been rented since June 2014.

How big is unit 1406?

572 sqft (53.1 sqm): a one-bedroom apartment on the 14th floor of a 15-storey tower completed in 2007.

What is unit 1406 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 950,000 in the last 12 months, around AED 1,587 per sqft.

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Mortgage on 1406, Marina Diamond Tower 2

Starts from the last sale price (AED 480K, 31 August 2021). Switch to today's estimate once you have unlocked it.
Price
AED 480,000
Deposit, UAE resident (20%)
AED 96,000
Deposit, non-resident (40%)
AED 192,000
Monthly over 25 years at 3.7%
AED 1,964

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →