Studio · 418 sqftMarina Diamond Tower 2, Dubai Marina · 15th floor · completed 2007

1508, Marina Diamond Tower 2

Sold prices and rental history: sold 3 times, last in August 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1508 · DLD and Ejari recordsUpdated 23 July 2025
Last soldAED 650K27 August 2024
Current rentAED 15K /yr23 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1508, Marina Diamond Tower 2

What is 1508 worth today?

Last sold for AED 650,000 in 2024

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23 Jul 2025RentedNew contract
AED 15,000/yr12 months · AED 36 per sqft
27 Aug 2024SoldReady
AED 650,000AED 1,555 per sqft
10 May 2021RentedNew contract
AED 31,000/yr12 months · AED 74 per sqft
27 Mar 2019RentedNew contract
AED 48,000/yr12 months · AED 115 per sqft
23 Jan 2018RentedNew contract
AED 55,000/yr12 months · AED 132 per sqft
24 Jun 2015RentedNew contract
AED 65,000/yr12 months · AED 155 per sqft
21 Jun 2015SoldReady
AED 750,000AED 1,794 per sqft
30 Sep 2013Sold by developerReady
AED 430,000AED 1,028 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 23 July 2025.

Key facts

Type
Studio apartment
Size
418 sqft
Floor
15th of 15
Parking
98 B1
Developer
Diamond Developers
Completed
2007
Service charge
AED 7,700 /yr
Last sold
AED 650K · August 2024

About 1508, Marina Diamond Tower 2

1508 is a studio of 418 sqft on the 15th floor of Marina Diamond Tower 2, a 15-storey tower in Dubai Marina completed in 2007 by Diamond Developers. It last sold on 27 August 2024 for AED 650,000, or AED 1,555 per sqft, 4% above the AED 1,496 studios in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 23 July 2025, is AED 15,000 a year: a gross yield of 2.3% on the 2024 price, before the service charge of about AED 7,700 a year.

Sales and rents for 1508 over time

Sales
Unit 1508, each saleTypical studio in Marina Diamond Tower 2
400K600K800K2008201320182023Typical 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, September 2013: AED 430,000 (AED 1,028 per sqft)Sold, June 2015: AED 750,000 (AED 1,794 per sqft)Sold, August 2024: AED 650,000 (AED 1,555 per sqft)

1508 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1508, each contractTypical studio in Marina Diamond Tower 2
25K50K2012201620202024Typical 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, March 2013: AED 39,946 a yearNew contract, June 2015: AED 65,000 a yearNew contract, January 2018: AED 55,000 a yearNew contract, March 2019: AED 48,000 a yearNew contract, May 2021: AED 31,000 a yearNew contract, July 2025: AED 15,000 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 1508 sits

All 87 studios →

1508 last sold in August 2024 at AED 1,555 per sqft, 4% above what studios in Marina Diamond Tower 2 were fetching at the time (AED 1,496). 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. 1508's AED 15,000 is at the bottom 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 15th floor

All 276 units in Marina Diamond Tower 2
Value
15012-bedAED 980K · Jul 2023
1502StudioAED 580K · Apr 2023
15032-bedAED 760K · Mar 2019
15041-bedAED 455K · Oct 2008
1505StudioAED 500K · Jul 2022
15061-bedAED 565K · Nov 2022
15071-bedAED 770K · Sep 2024
1–7 of 17

1508, Marina Diamond Tower 2 in numbers

  • Sold 3 times: first on 30 September 2013 for AED 430,000, last on 27 August 2024 for AED 650,000 (AED 1,555 per sqft).
  • Rented since March 2013 on 6 Ejari contracts, from AED 39,946 to AED 15,000 a year.
  • At AED 15,000 a year the gross yield on the 2024 price is 2.3%, 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 23 July 2025.

Questions about 1508, Marina Diamond Tower 2

What did unit 1508 last sell for?

AED 650,000 on 27 August 2024: AED 1,555 per sqft for 418 sqft. The unit has 3 registered sales; the first was AED 430,000 in September 2013.

What is the rent for unit 1508?

AED 15,000 a year on the contract signed on 23 July 2025. The previous contract, from May 2021, was AED 31,000; the unit has been rented since March 2013.

How big is unit 1508?

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

What is unit 1508 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 1508, Marina Diamond Tower 2

Starts from the last sale price (AED 650K, 27 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 650,000
Deposit, UAE resident (20%)
AED 130,000
Deposit, non-resident (40%)
AED 260,000
Monthly over 25 years at 3.7%
AED 2,659

Plus AED 32,310 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →