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

1412, Marina Diamond Tower 2

Sold prices and rental history: sold 3 times, last in July 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1412 · DLD and Ejari recordsUpdated 22 October 2024
Last soldAED 1.05M15 July 2024
Current rentAED 115K /yr22 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1412, Marina Diamond Tower 2

What is 1412 worth today?

Last sold for AED 1,050,000 in 2024

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22 Oct 2024RentedNew contract
AED 115,000/yr12 months · AED 119 per sqft
15 Jul 2024SoldReady
AED 1,050,000AED 1,082 per sqft
16 Dec 2023RentedRenewal
AED 85,800/yr12 months · AED 88 per sqft
16 Dec 2022RentedRenewal
AED 71,500/yr12 months · AED 74 per sqft
16 Dec 2021RentedRenewal
AED 65,000/yr12 months · AED 67 per sqft
1 Apr 2021RentedNew contract
AED 61,000/yr8 months · AED 63 per sqft
16 Dec 2020RentedNew contract
AED 61,000/yr12 months · AED 63 per sqft
15 Feb 2018RentedNew contract
AED 90,000/yr12 months · AED 93 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 22 October 2024.

Key facts

Type
2-bed apartment
Size
970 sqft
Floor
14th of 15
Parking
84 B1
Developer
Diamond Developers
Completed
2007
Service charge
AED 17,800 /yr
Last sold
AED 1.05M · July 2024

About 1412, Marina Diamond Tower 2

1412 is a two-bedroom 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 15 July 2024 for AED 1,050,000, or AED 1,082 per sqft, in line with the AED 1,082 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, signed on 22 October 2024, is AED 115,000 a year: a gross yield of 10.9% on the 2024 price, before the service charge of about AED 17,800 a year.

Sales and rents for 1412 over time

Sales
Unit 1412, each saleTypical two-bed in Marina Diamond Tower 2
500K1M2008201320182023Typical sale price by year: 2008 AED 611,022; 2009 AED 612,409; 2010 AED 722,500; 2011 AED 644,236; 2012 AED 670,000; 2013 AED 920,000; 2014 AED 1,300,000; 2015 AED 1,100,000; 2016 AED 962,500; 2017 AED 1,062,500; 2018 AED 850,000; 2019 AED 760,000; 2021 AED 750,000; 2023 AED 925,000; 2024 AED 1,075,000; 2025 AED 1,225,000Sold by developer, June 2008: AED 606,109 (AED 624 per sqft)Sold, March 2010: AED 865,000 (AED 891 per sqft)Sold, July 2024: AED 1,050,000 (AED 1,082 per sqft)

1412 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1412, each contractTypical two-bed in Marina Diamond Tower 2
50K100K20112015201920232027Typical rent by year: 2011 AED 70,000; 2012 AED 65,000; 2013 AED 65,000; 2014 AED 90,000; 2015 AED 100,000; 2016 AED 92,500; 2017 AED 90,000; 2018 AED 75,500; 2019 AED 65,500; 2020 AED 58,000; 2021 AED 51,000; 2022 AED 71,500; 2023 AED 82,500; 2024 AED 95,000; 2025 AED 99,500; 2026 AED 102,500New contract, January 2017: AED 105,000 a yearNew contract, February 2018: AED 90,000 a yearNew contract, December 2020: AED 61,000 a yearNew contract, April 2021: AED 61,000 a yearRenewal, December 2021: AED 65,000 a yearRenewal, December 2022: AED 71,500 a yearRenewal, December 2023: AED 85,800 a yearNew contract, October 2024: AED 115,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Marina Diamond Tower 2, and where 1412 sits

All 55 2-beds →

1412 last sold in July 2024 at AED 1,082 per sqft, in line with what two-beds in Marina Diamond Tower 2 were fetching at the time (AED 1,082). 1412's AED 115,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
24 Jun 20251,250,000
17 Jun 20251,490,000
18 Apr 20251,200,000
19 Feb 20251,165,000
0 2-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. 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

1412, Marina Diamond Tower 2 in numbers

  • Sold 3 times: first on 1 June 2008 for AED 606,109, last on 15 July 2024 for AED 1,050,000 (AED 1,082 per sqft).
  • Rented since January 2017 on 8 Ejari contracts. The rent fell from AED 105,000 to AED 61,000 in 2021 and recovered to AED 115,000 by October 2024.
  • At AED 115,000 a year the gross yield on the 2024 price is 10.9%, 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 22 October 2024.

Questions about 1412, Marina Diamond Tower 2

What did unit 1412 last sell for?

AED 1,050,000 on 15 July 2024: AED 1,082 per sqft for 970 sqft. The unit has 3 registered sales; the first was AED 606,109 in June 2008.

What is the rent for unit 1412?

AED 115,000 a year on the contract signed on 22 October 2024. The previous contract, from December 2023, was AED 85,800; the unit has been rented since January 2017.

How big is unit 1412?

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

What is unit 1412 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 1412, Marina Diamond Tower 2

Starts from the last sale price (AED 1.05M, 15 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,050,000
Deposit, UAE resident (20%)
AED 210,000
Deposit, non-resident (40%)
AED 420,000
Monthly over 25 years at 3.7%
AED 4,296

Plus AED 49,110 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →