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1-bed · 681 sqftMarina Diamond Tower 2, Dubai Marina · 4th floor · completed 2007

404, Marina Diamond Tower 2

Sold prices and rental history: sold once, by the developer in April 2009, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 404 · DLD and Ejari recordsUpdated 1 August 2024
Last soldAED 476K22 April 2009
Current rentAED 67K /yr1 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 404, Marina Diamond Tower 2

What is 404 worth today?

Last sold for AED 475,582 in 2009

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1 Aug 2024RentedNew contract
AED 67,000/yr12 months · AED 98 per sqft
10 Dec 2022RentedNew contract
AED 45,000/yr12 months · AED 66 per sqft
10 Dec 2021RentedRenewal
AED 41,000/yr12 months · AED 60 per sqft
10 Dec 2020RentedNew contract
AED 41,000/yr12 months · AED 60 per sqft
3 May 2020RentedRenewal
AED 45,000/yr12 months · AED 66 per sqft
3 May 2019RentedRenewal
AED 55,000/yr12 months · AED 81 per sqft
3 May 2018RentedRenewal
AED 60,000/yr12 months · AED 88 per sqft
3 May 2017RentedRenewal
AED 70,000/yr12 months · AED 103 per sqft

Source: Dubai Land Department. Updated 1 August 2024.

Key facts

Type
1-bed apartment
Size
681 sqft
Floor
4th of 15
Parking
39 B2
Developer
Diamond Developers
Completed
2007
Service charge
AED 12,500 /yr
Last sold
AED 476K · April 2009
Building
Marina Diamond Tower 2

About 404, Marina Diamond Tower 2

404 is a one-bedroom apartment of 681 sqft on the 4th floor of Marina Diamond Tower 2, a 15-storey tower in Dubai Marina completed in 2007 by Diamond Developers. The developer sold it on 22 April 2009 for AED 475,582, or AED 698 per sqft, in line with the AED 691 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 12 Ejari contracts. The current contract, signed on 1 August 2024, is AED 67,000 a year: a gross yield of 14.1% on the 2009 price, before the service charge of about AED 12,500 a year.

Sales and rents for 404 over time

Sales
Unit 404, 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, April 2009: AED 475,582 (AED 698 per sqft)

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

Rents
Unit 404, 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, March 2012: AED 55,000 a yearRenewal, March 2013: AED 57,750 a yearNew contract, March 2015: AED 80,000 a yearNew contract, May 2016: AED 70,000 a yearRenewal, May 2017: AED 70,000 a yearRenewal, May 2018: AED 60,000 a yearRenewal, May 2019: AED 55,000 a yearRenewal, May 2020: AED 45,000 a yearNew contract, December 2020: AED 41,000 a yearRenewal, December 2021: AED 41,000 a yearNew contract, December 2022: AED 45,000 a yearNew contract, August 2024: AED 67,000 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 404 sits

All 122 1-beds →

404 last sold in April 2009 at AED 698 per sqft, in line with what one-beds in Marina Diamond Tower 2 were fetching at the time (AED 691). 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. 404's AED 67,000 is in the lower 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 4th floor

All 276 units in Marina Diamond Tower 2
Value
4012-bedAED 454K · Jun 2013
402StudioAED 650K · Jan 2026
4032-bedAED 575K · Aug 2009
405StudioAED 287K · Jun 2008
4061-bedAED 369K · Oct 2008
4071-bedAED 411K · Aug 2008
408StudioAED 310K · Apr 2011
1–7 of 17

404, Marina Diamond Tower 2 in numbers

  • Sold once: by Diamond Developers on 22 April 2009 for AED 475,582, or AED 698 per sqft.
  • Rented since March 2012 on 12 Ejari contracts. The rent fell from AED 55,000 to AED 41,000 in 2021 and recovered to AED 67,000 by August 2024.
  • At AED 67,000 a year the gross yield on the 2009 price is 14.1%, before a service charge of about AED 12,500 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 August 2024.

Questions about 404, Marina Diamond Tower 2

What did unit 404 last sell for?

AED 475,582 on 22 April 2009, sold by the developer: AED 698 per sqft for 681 sqft. It is the only registered sale of the unit.

What is the rent for unit 404?

AED 67,000 a year on the contract signed on 1 August 2024. The previous contract, from December 2022, was AED 45,000; the unit has been rented since March 2012.

How big is unit 404?

681 sqft (63.3 sqm): a one-bedroom apartment on the 4th floor of a 15-storey tower completed in 2007.

What is unit 404 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 404, Marina Diamond Tower 2

Starts from the last sale price (AED 476K, 22 April 2009). Switch to today's estimate once you have unlocked it.
Price
AED 475,582
Deposit, UAE resident (20%)
AED 95,116
Deposit, non-resident (40%)
AED 190,233
Monthly over 25 years at 3.7%
AED 1,946

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