1007, Marina Diamond Tower 1
Sold prices and rental history: sold twice, last in July 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1007, Marina Diamond Tower 1
What is 1007 worth today?
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Source: Dubai Land Department. Updated 28 October 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 983 sqft
- Floor
- 10th of 14
- Parking
- 24
- Developer
- Diamond Developers
- Completed
- 2006
- Service charge
- AED 18,600 /yr
- Last sold
- AED 1.08M · July 2023
- Building
- Marina Diamond Tower 1
About 1007, Marina Diamond Tower 1
1007 is a two-bedroom apartment of 983 sqft on the 10th floor of Marina Diamond Tower 1, a 14-storey tower in Dubai Marina completed in 2006 by Diamond Developers. It last sold on 11 July 2023 for AED 1,080,000, or AED 1,098 per sqft, 8% above the AED 1,017 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, signed on 28 October 2023, is AED 96,000 a year: a gross yield of 8.9% on the 2023 price, before the service charge of about AED 18,600 a year.
Sales and rents for 1007 over time
1007 has sold twice; the dashed line is the two-bed median of each year in the building.
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 1, and where 1007 sits
All 52 2-beds →1007 last sold in July 2023 at AED 1,098 per sqft, 8% above what two-beds in Marina Diamond Tower 1 were fetching at the time (AED 1,017). Over the last 12 months two-beds sold for AED 1,310,000, around AED 1,332 per sqft, and rent for AED 75,000 to 130,000 a year. 1007's AED 96,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 14 May 202614 May 2026 | 983 sqft | 1,310,000 | 1,332 | ||
| 28 Jul 202528 July 2025 | 983 sqft | 1,285,000 | 1,307 | ||
| 15 Jan 202515 January 2025 | 983 sqft | 1,225,000 | 1,246 | ||
| 23 Dec 202423 December 2024 | 1,135 sqft | 1,220,000 | 1,074 |
Marina Diamond Tower 1
Building183 apartments, studios to 2-bed over 14 floors in Dubai Marina, completed in 2006 by Diamond Developers. 10 sold in the last 12 months.
- Typical price per sqft
- AED 1,413 Down 9.1%
- Typical sale
- AED 995K
- Typical rent
- AED 58K /yr
- Typical yield
- 9.1%
Other units on the 10th floor
All 183 units in Marina Diamond Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1001 | 2-bed | 983 sqft | AED 710KAED 710,000 · May 2012May 2012 | 85,000 /yr | |
| 1002 | 2-bed | 983 sqft | AED 1.24MAED 1,240,000 · Apr 2024April 2024 | 120,000 /yr | |
| 1003 | 1-bed | 719 sqft | AED 473KAED 473,300 · Jun 2008June 2008 | 60,000 /yr | |
| 1004 | 1-bed | 836 sqft | AED 1.05MAED 1,050,000 · Oct 2024October 2024 | 58,000 /yr | |
| 1005 | 1-bed | 789 sqft | AED 970KAED 970,000 · Oct 2024October 2024 | 80,305 /yr | |
| 1006 | 2-bed | 983 sqft | AED 600KAED 600,000 · Aug 2010August 2010 | 80,000 /yr | |
| 1008 | Studio | 363 sqft | AED 550KAED 550,000 · May 2023May 2023 | 46,667 /yr | |
| 1009 | Studio | 374 sqft | AED 410KAED 410,000 · Feb 2021February 2021 | 58,000 /yr | |
| 1010 | Studio | 385 sqft | AED 360KAED 360,000 · Dec 2020December 2020 | 55,000 /yr | |
| 1011 | Studio | 385 sqft | AED 259KAED 259,290 · Feb 2014February 2014 | 55,000 /yr | |
| 1012 | Studio | 379 sqft | AED 247KAED 247,435 · May 2008May 2008 | 52,490 /yr | |
| 1013 | Studio | 368 sqft | AED 420KAED 420,000 · Jun 2012June 2012 | 50,000 /yr |
1007, Marina Diamond Tower 1 in numbers
- Sold twice: first on 24 November 2008 for AED 590,106, last on 11 July 2023 for AED 1,080,000 (AED 1,098 per sqft).
- Rented since August 2015 on 6 Ejari contracts. The rent fell from AED 90,000 to AED 57,000 in 2021 and recovered to AED 96,000 by October 2023.
- At AED 96,000 a year the gross yield on the 2023 price is 8.9%, before a service charge of about AED 18,600 a year (AED 18.89 per sqft).
- Two-beds in Marina Diamond Tower 1 sold for AED 1,310,000–1,310,000 in the 12 months to November 2026; the building's median across all types is AED 1,413 per sqft.
Source: Dubai Land Department. Updated 28 October 2023.
Questions about 1007, Marina Diamond Tower 1
What did unit 1007 last sell for?
AED 1,080,000 on 11 July 2023: AED 1,098 per sqft for 983 sqft. The unit has 2 registered sales; the first was AED 590,106 in November 2008.
What is the rent for unit 1007?
AED 96,000 a year on the contract signed on 28 October 2023. The previous contract, from September 2022, was AED 62,700; the unit has been rented since August 2015.
How big is unit 1007?
983 sqft (91.3 sqm): a two-bedroom apartment on the 10th floor of a 14-storey tower completed in 2006.
What is unit 1007 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Marina Diamond Tower 1 sold for AED 1,310,000 to 1,310,000 in the last 12 months, around AED 1,332 per sqft.
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Mortgage on 1007, Marina Diamond Tower 1
Starts from the last sale price (AED 1.08M, 11 July 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,080,000
- Deposit, UAE resident (20%)
- AED 216,000
- Deposit, non-resident (40%)
- AED 432,000
- Monthly over 25 years at 3.7%
- AED 4,419
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →