2-bed · 963 sqftMarina Diamond Tower 2, Dubai Marina · 6th floor · completed 2007

612, Marina Diamond Tower 2

Sold prices and rental history: sold once, by the developer in July 2008, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 612 · DLD and Ejari recordsUpdated 10 June 2024
Last soldAED 575K9 July 2008
Current rentAED 92K /yr10 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 612, Marina Diamond Tower 2

What is 612 worth today?

Last sold for AED 574,801 in 2008

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10 Jun 2024RentedNew contract
AED 91,745/yr12 months · AED 96 per sqft
30 Jun 2021RentedNew contract
AED 57,000/yr12 months · AED 59 per sqft
1 Oct 2020RentedNew contract
AED 55,000/yr12 months · AED 57 per sqft
25 Mar 2019RentedRenewal
AED 62,000/yr12 months · AED 65 per sqft
24 Mar 2018RentedRenewal
AED 71,807/yr12 months · AED 75 per sqft
20 Mar 2017RentedRenewal
AED 83,106/yr12 months · AED 87 per sqft
20 Mar 2016RentedRenewal
AED 83,000/yr12 months · AED 87 per sqft
20 Mar 2015RentedRenewal
AED 80,000/yr12 months · AED 84 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 10 June 2024.

Key facts

Type
2-bed apartment
Size
963 sqft
Floor
6th of 15
Parking
68 B2
Developer
Diamond Developers
Completed
2007
Service charge
AED 17,700 /yr
Last sold
AED 575K · July 2008

About 612, Marina Diamond Tower 2

612 is a two-bedroom apartment of 963 sqft on the 6th floor of Marina Diamond Tower 2, a 15-storey tower in Dubai Marina completed in 2007 by Diamond Developers. The developer sold it on 9 July 2008 for AED 574,801, or AED 596 per sqft, 7% below the AED 638 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 10 June 2024, is AED 91,745 a year: a gross yield of 16.0% on the 2008 price, before the service charge of about AED 17,700 a year.

Sales and rents for 612 over time

Sales
Unit 612, 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, July 2008: AED 574,801 (AED 596 per sqft)

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

Rents
Unit 612, each contractTypical two-bed in Marina Diamond Tower 2
50K75K100K20112015201920232027Typical 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, March 2013: AED 60,000 a yearRenewal, March 2014: AED 72,804 a yearRenewal, March 2015: AED 80,000 a yearRenewal, March 2016: AED 83,000 a yearRenewal, March 2017: AED 83,106 a yearRenewal, March 2018: AED 71,807 a yearRenewal, March 2019: AED 62,000 a yearNew contract, October 2020: AED 55,000 a yearNew contract, June 2021: AED 57,000 a yearNew contract, June 2024: AED 91,745 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 612 sits

All 55 2-beds →

612 last sold in July 2008 at AED 596 per sqft, 7% below what two-beds in Marina Diamond Tower 2 were fetching at the time (AED 638). 612's AED 91,745 is at the bottom 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 6th floor

All 276 units in Marina Diamond Tower 2
Value
6012-bedAED 560K · Nov 2012
602StudioAED 600K · Jan 2025
6032-bedAED 1.08M · Apr 2017
6041-bedAED 800K · Feb 2017
605StudioAED 750K · Apr 2025
6061-bedAED 900K · Dec 2024
6071-bedAED 1.5M · Jun 2025
1–7 of 17

612, Marina Diamond Tower 2 in numbers

  • Sold once: by Diamond Developers on 9 July 2008 for AED 574,801, or AED 596 per sqft.
  • Rented since March 2013 on 10 Ejari contracts, from AED 60,000 to AED 91,745 a year.
  • At AED 91,745 a year the gross yield on the 2008 price is 16.0%, before a service charge of about AED 17,700 a year (AED 18.33 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 10 June 2024.

Questions about 612, Marina Diamond Tower 2

What did unit 612 last sell for?

AED 574,801 on 9 July 2008, sold by the developer: AED 596 per sqft for 963 sqft. It is the only registered sale of the unit.

What is the rent for unit 612?

AED 91,745 a year on the contract signed on 10 June 2024. The previous contract, from June 2021, was AED 57,000; the unit has been rented since March 2013.

How big is unit 612?

963 sqft (89.5 sqm): a two-bedroom apartment on the 6th floor of a 15-storey tower completed in 2007.

What is unit 612 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 612, Marina Diamond Tower 2

Starts from the last sale price (AED 575K, 9 July 2008). Switch to today's estimate once you have unlocked it.
Price
AED 574,801
Deposit, UAE resident (20%)
AED 114,960
Deposit, non-resident (40%)
AED 229,920
Monthly over 25 years at 3.7%
AED 2,352

Plus AED 29,152 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →