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Studio · 418 sqftMarina Diamond Tower 2, Dubai Marina · 14th floor · completed 2007

1408, Marina Diamond Tower 2

Sold prices and rental history: sold twice, last in July 2017, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1408 · DLD and Ejari recordsUpdated 15 January 2025
Last soldAED 655K10 July 2017
Current rentAED 56K /yr15 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1408, Marina Diamond Tower 2

What is 1408 worth today?

Last sold for AED 655,000 in 2017

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15 Jan 2025RentedNew contract
AED 56,000/yr12 months · AED 133 per sqft
10 Dec 2023RentedRenewal
AED 48,300/yr12 months · AED 115 per sqft
10 Dec 2022RentedNew contract
AED 46,000/yr12 months · AED 110 per sqft
10 Oct 2019RentedNew contract
AED 42,000/yr12 months · AED 100 per sqft
12 Sep 2018RentedNew contract
AED 48,000/yr12 months · AED 114 per sqft
10 Jul 2017SoldReady
AED 655,000AED 1,567 per sqft
28 Dec 2009Sold by developerReady
AED 349,200AED 835 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 January 2025.

Key facts

Type
Studio apartment
Size
418 sqft
Floor
14th of 15
Parking
80 B1
Developer
Diamond Developers
Completed
2007
Service charge
AED 7,700 /yr
Last sold
AED 655K · July 2017
Building
Marina Diamond Tower 2

About 1408, Marina Diamond Tower 2

1408 is a studio of 418 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 10 July 2017 for AED 655,000, or AED 1,567 per sqft, in line with the AED 1,543 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 15 January 2025, is AED 56,000 a year: a gross yield of 8.6% on the 2017 price, before the service charge of about AED 7,700 a year.

Sales and rents for 1408 over time

Sales
Unit 1408, 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, December 2009: AED 349,200 (AED 835 per sqft)Sold, July 2017: AED 655,000 (AED 1,567 per sqft)

1408 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1408, 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, September 2018: AED 48,000 a yearNew contract, October 2019: AED 42,000 a yearNew contract, December 2022: AED 46,000 a yearRenewal, December 2023: AED 48,300 a yearNew contract, January 2025: AED 56,000 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 1408 sits

All 87 studios →

1408 last sold in July 2017 at AED 1,567 per sqft, in line with what studios in Marina Diamond Tower 2 were fetching at the time (AED 1,543). 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. 1408's AED 56,000 is in the lower 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 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
14071-bedAED 450K · Sep 2009
1–7 of 17

1408, Marina Diamond Tower 2 in numbers

  • Sold twice: first on 28 December 2009 for AED 349,200, last on 10 July 2017 for AED 655,000 (AED 1,567 per sqft).
  • Rented since September 2018 on 5 Ejari contracts. The rent fell from AED 48,000 to AED 42,000 in 2019 and recovered to AED 56,000 by January 2025.
  • At AED 56,000 a year the gross yield on the 2017 price is 8.6%, before a service charge of about AED 7,700 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 January 2025.

Questions about 1408, Marina Diamond Tower 2

What did unit 1408 last sell for?

AED 655,000 on 10 July 2017: AED 1,567 per sqft for 418 sqft. The unit has 2 registered sales; the first was AED 349,200 in December 2009.

What is the rent for unit 1408?

AED 56,000 a year on the contract signed on 15 January 2025. The previous contract, from December 2023, was AED 48,300; the unit has been rented since September 2018.

How big is unit 1408?

418 sqft (38.8 sqm): a studio on the 14th floor of a 15-storey tower completed in 2007.

What is unit 1408 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 1408, Marina Diamond Tower 2

Starts from the last sale price (AED 655K, 10 July 2017). 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 →