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

1407, Marina Diamond Tower 2

Sold prices and rental history: sold twice, last in September 2009, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1407 · DLD and Ejari recordsUpdated 6 February 2022
Last soldAED 450K6 September 2009
Current rentAED 42K /yr6 February 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1407, Marina Diamond Tower 2

What is 1407 worth today?

Last sold for AED 450,000 in 2009

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6 Feb 2022RentedNew contract
AED 42,000/yr12 months · AED 74 per sqft
4 Feb 2020RentedNew contract
AED 45,000/yr12 months · AED 79 per sqft
12 Nov 2018RentedNew contract
AED 52,000/yr12 months · AED 91 per sqft
7 Oct 2017RentedNew contract
AED 62,000/yr12 months · AED 109 per sqft
26 Apr 2014RentedNew contract
AED 75,000/yr12 months · AED 131 per sqft
19 Jan 2013RentedNew contract
AED 58,000/yr12 months · AED 102 per sqft
6 Sep 2009SoldReady
AED 450,000AED 786 per sqft
24 Nov 2008Sold by developerReady
AED 443,638AED 775 per sqft

Source: Dubai Land Department. Updated 6 February 2022.

Key facts

Type
1-bed apartment
Size
572 sqft
Floor
14th of 15
Parking
79 B1
Developer
Diamond Developers
Completed
2007
Service charge
AED 10,500 /yr
Last sold
AED 450K · September 2009

About 1407, Marina Diamond Tower 2

1407 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 6 September 2009 for AED 450,000, or AED 786 per sqft, 17% above the AED 673 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 6 February 2022, is AED 42,000 a year: a gross yield of 9.3% on the 2009 price, before the service charge of about AED 10,500 a year.

Sales and rents for 1407 over time

Sales
Unit 1407, 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, November 2008: AED 443,638 (AED 775 per sqft)Sold, September 2009: AED 450,000 (AED 786 per sqft)

1407 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1407, 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, January 2013: AED 58,000 a yearNew contract, April 2014: AED 75,000 a yearNew contract, October 2017: AED 62,000 a yearNew contract, November 2018: AED 52,000 a yearNew contract, February 2020: AED 45,000 a yearNew contract, February 2022: AED 42,000 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 1407 sits

All 122 1-beds →

1407 last sold in September 2009 at AED 786 per sqft, 17% above what one-beds in Marina Diamond Tower 2 were fetching at the time (AED 673). 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. 1407's AED 42,000 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
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
14061-bedAED 480K · Aug 2021
1408StudioAED 655K · Jul 2017
1–7 of 17

1407, Marina Diamond Tower 2 in numbers

  • Sold twice: first on 24 November 2008 for AED 443,638, last on 6 September 2009 for AED 450,000 (AED 786 per sqft).
  • Rented since January 2013 on 6 Ejari contracts, from AED 58,000 to AED 42,000 a year.
  • At AED 42,000 a year the gross yield on the 2009 price is 9.3%, 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 6 February 2022.

Questions about 1407, Marina Diamond Tower 2

What did unit 1407 last sell for?

AED 450,000 on 6 September 2009: AED 786 per sqft for 572 sqft. The unit has 2 registered sales; the first was AED 443,638 in November 2008.

What is the rent for unit 1407?

AED 42,000 a year on the contract signed on 6 February 2022. The previous contract, from February 2020, was AED 45,000; the unit has been rented since January 2013.

How big is unit 1407?

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

What is unit 1407 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 1407, Marina Diamond Tower 2

Starts from the last sale price (AED 450K, 6 September 2009). Switch to today's estimate once you have unlocked it.
Price
AED 450,000
Deposit, UAE resident (20%)
AED 90,000
Deposit, non-resident (40%)
AED 180,000
Monthly over 25 years at 3.7%
AED 1,841

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