2-bed · 983 sqftMarina Diamond Tower 1, Dubai Marina · 11th floor · completed 2006

1101, Marina Diamond Tower 1

Sold prices and rental history: sold 4 times, last in February 2021, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1101 · DLD and Ejari recordsUpdated 3 February 2021
Last soldAED 860K3 February 2021
Current rentAED 50K /yr1 January 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1101, Marina Diamond Tower 1

What is 1101 worth today?

Last sold for AED 860,000 in 2021

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3 Feb 2021SoldReady
AED 860,000AED 874 per sqft
1 Jan 2019RentedNew contract
AED 50,000/yr12 months · AED 51 per sqft
12 Nov 2018SoldReady
AED 1,000,000AED 1,017 per sqft
3 Aug 2018RentedNew contract
AED 88,000/yr12 months · AED 90 per sqft
12 Jul 2017RentedNew contract
AED 110,000/yr12 months · AED 112 per sqft
26 Sep 2013SoldReady
AED 1,100,000AED 1,119 per sqft
9 Sep 2013Sold by developerReady
AED 688,457AED 700 per sqft

Source: Dubai Land Department. Updated 3 February 2021.

Key facts

Type
2-bed apartment
Size
983 sqft
Floor
11th of 14
Parking
13
Developer
Diamond Developers
Completed
2006
Service charge
AED 18,600 /yr
Last sold
AED 860K · February 2021

About 1101, Marina Diamond Tower 1

1101 is a two-bedroom apartment of 983 sqft on the 11th floor of Marina Diamond Tower 1, a 14-storey tower in Dubai Marina completed in 2006 by Diamond Developers. It last sold on 3 February 2021 for AED 860,000, or AED 874 per sqft, 18% above the AED 742 two-beds in the building were fetching at the time.

It has been rented since 2017 on 3 Ejari contracts. The current contract, signed on 1 January 2019, is AED 50,000 a year: a gross yield of 5.8% on the 2021 price, before the service charge of about AED 18,600 a year.

Sales and rents for 1101 over time

Sales
Unit 1101, each saleTypical two-bed in Marina Diamond Tower 1
500K1M2008201320182023Typical sale price by year: 2008 AED 584,145; 2009 AED 584,400; 2010 AED 635,000; 2011 AED 595,828; 2012 AED 720,000; 2013 AED 700,000; 2014 AED 1,192,500; 2015 AED 1,187,500; 2016 AED 1,050,000; 2017 AED 1,000,000; 2018 AED 990,000; 2021 AED 758,784; 2022 AED 925,000; 2023 AED 1,165,000; 2024 AED 1,225,000Sold, September 2013: AED 1,100,000 (AED 1,119 per sqft)Sold by developer, September 2013: AED 688,457 (AED 700 per sqft)Sold, November 2018: AED 1,000,000 (AED 1,017 per sqft)Sold, February 2021: AED 860,000 (AED 874 per sqft)

1101 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1101, each contractTypical two-bed in Marina Diamond Tower 1
50K100K2012201620202024Typical rent by year: 2012 AED 70,000; 2013 AED 80,000; 2014 AED 85,500; 2015 AED 105,000; 2016 AED 101,000; 2017 AED 95,000; 2018 AED 85,000; 2019 AED 72,000; 2020 AED 60,000; 2021 AED 55,000; 2022 AED 66,000; 2023 AED 88,000; 2024 AED 98,500; 2025 AED 100,000; 2026 AED 97,500New contract, July 2017: AED 110,000 a yearNew contract, August 2018: AED 88,000 a yearNew contract, January 2019: AED 50,000 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 1, and where 1101 sits

All 52 2-beds →

1101 last sold in February 2021 at AED 874 per sqft, 18% above what two-beds in Marina Diamond Tower 1 were fetching at the time (AED 742). 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. 1101's AED 50,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
14 May 20261,310,000
28 Jul 20251,285,000
15 Jan 20251,225,000
23 Dec 20241,220,000
1 2-bed sale in the last 12 months

Marina Diamond Tower 1

Building

183 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%
Marina Diamond Tower 1, Dubai Marina: prices, sales and rents →

Other units on the 11th floor

All 183 units in Marina Diamond Tower 1
Value
11022-bedAED 980K · Jul 2018
11031-bedAED 680K · Oct 2009
11041-bedAED 740K · Mar 2022
11051-bedAED 850K · Mar 2024
11062-bedAED 1.36M · Sep 2024
11072-bedAED 1.2M · Aug 2013
1108StudioAED 880K · Sep 2008
1–7 of 12

1101, Marina Diamond Tower 1 in numbers

  • Sold 4 times: first on 9 September 2013 for AED 688,457, last on 3 February 2021 for AED 860,000 (AED 874 per sqft).
  • Rented since July 2017 on 3 Ejari contracts, from AED 110,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2021 price is 5.8%, 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 3 February 2021.

Questions about 1101, Marina Diamond Tower 1

What did unit 1101 last sell for?

AED 860,000 on 3 February 2021: AED 874 per sqft for 983 sqft. The unit has 4 registered sales; the first was AED 688,457 in September 2013.

What is the rent for unit 1101?

AED 50,000 a year on the contract signed on 1 January 2019. The previous contract, from August 2018, was AED 88,000; the unit has been rented since July 2017.

How big is unit 1101?

983 sqft (91.3 sqm): a two-bedroom apartment on the 11th floor of a 14-storey tower completed in 2006.

What is unit 1101 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 1101, Marina Diamond Tower 1

Starts from the last sale price (AED 860K, 3 February 2021). Switch to today's estimate once you have unlocked it.
Price
AED 860,000
Deposit, UAE resident (20%)
AED 172,000
Deposit, non-resident (40%)
AED 344,000
Monthly over 25 years at 3.7%
AED 3,519

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