Studio · 379 sqftMarina Diamond Tower 1, Dubai Marina · 11th floor · completed 2006

1112, Marina Diamond Tower 1

Sold prices and rental history: sold once, by the developer in March 2009, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1112 · DLD and Ejari recordsUpdated 25 November 2022
Last soldAED 423K5 March 2009
Current rentAED 42K /yr25 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1112, Marina Diamond Tower 1

What is 1112 worth today?

Last sold for AED 422,750 in 2009

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25 Nov 2022RentedNew contract
AED 42,000/yr12 months · AED 111 per sqft
12 Oct 2018RentedNew contract
AED 48,000/yr12 months · AED 127 per sqft
15 Oct 2017RentedNew contract
AED 48,000/yr12 months · AED 127 per sqft
16 May 2013RentedNew contract
AED 44,000/yr12 months · AED 117 per sqft
5 Mar 2009Sold by developerReady
AED 422,750AED 1,115 per sqft

Source: Dubai Land Department. Updated 25 November 2022.

Key facts

Type
Studio apartment
Size
379 sqft
Floor
11th of 14
Parking
143
Developer
Diamond Developers
Completed
2006
Service charge
AED 7,200 /yr
Last sold
AED 423K · March 2009

About 1112, Marina Diamond Tower 1

1112 is a studio of 379 sqft on the 11th floor of Marina Diamond Tower 1, a 14-storey tower in Dubai Marina completed in 2006 by Diamond Developers. The developer sold it on 5 March 2009 for AED 422,750, or AED 1,115 per sqft, 66% above the AED 673 studios in the building were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 25 November 2022, is AED 42,000 a year: a gross yield of 9.9% on the 2009 price, before the service charge of about AED 7,200 a year.

Sales and rents for 1112 over time

Sales
Unit 1112, each saleTypical studio in Marina Diamond Tower 1
250K500K750K2008201320182023Typical sale price by year: 2008 AED 258,616; 2009 AED 341,950; 2010 AED 280,000; 2011 AED 290,000; 2012 AED 388,000; 2013 AED 505,000; 2014 AED 600,000; 2015 AED 445,000; 2016 AED 600,000; 2017 AED 650,000; 2018 AED 537,500; 2019 AED 475,000; 2020 AED 395,000; 2021 AED 377,500; 2022 AED 435,000; 2023 AED 530,000; 2024 AED 659,500; 2025 AED 707,500; 2026 AED 715,000Sold by developer, March 2009: AED 422,750 (AED 1,115 per sqft)

1112 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1112, each contractTypical studio in Marina Diamond Tower 1
40K60K2012201620202024Typical rent by year: 2012 AED 39,500; 2013 AED 45,000; 2014 AED 55,000; 2015 AED 60,000; 2016 AED 60,000; 2017 AED 55,000; 2018 AED 47,500; 2019 AED 40,000; 2020 AED 31,000; 2021 AED 30,000; 2022 AED 38,000; 2023 AED 45,000; 2024 AED 55,000; 2025 AED 57,000; 2026 AED 50,080New contract, May 2013: AED 44,000 a yearNew contract, October 2017: AED 48,000 a yearNew contract, October 2018: AED 48,000 a yearNew contract, November 2022: AED 42,000 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 1, and where 1112 sits

All 84 studios →

1112 last sold in March 2009 at AED 1,115 per sqft, 66% above what studios in Marina Diamond Tower 1 were fetching at the time (AED 673). Over the last 12 months studios sold for AED 672,000 to 775,000, around AED 1,911 per sqft, and rent for AED 26,000 to 75,000 a year. 1112's AED 42,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
4 Aug 2026775,000
15 Jul 2026715,000
5 Jun 2026672,000
9 Oct 2025660,000
3 studio sales 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
11012-bedAED 860K · Feb 2021
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
1–7 of 12

1112, Marina Diamond Tower 1 in numbers

  • Sold once: by Diamond Developers on 5 March 2009 for AED 422,750, or AED 1,115 per sqft.
  • Rented since May 2013 on 4 Ejari contracts, from AED 44,000 to AED 42,000 a year.
  • At AED 42,000 a year the gross yield on the 2009 price is 9.9%, before a service charge of about AED 7,200 a year (AED 18.89 per sqft).
  • Studios in Marina Diamond Tower 1 sold for AED 672,000–775,000 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 25 November 2022.

Questions about 1112, Marina Diamond Tower 1

What did unit 1112 last sell for?

AED 422,750 on 5 March 2009, sold by the developer: AED 1,115 per sqft for 379 sqft. It is the only registered sale of the unit.

What is the rent for unit 1112?

AED 42,000 a year on the contract signed on 25 November 2022. The previous contract, from October 2018, was AED 48,000; the unit has been rented since May 2013.

How big is unit 1112?

379 sqft (35.2 sqm): a studio on the 11th floor of a 14-storey tower completed in 2006.

What is unit 1112 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 1 sold for AED 672,000 to 775,000 in the last 12 months, around AED 1,911 per sqft.

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Mortgage on 1112, Marina Diamond Tower 1

Starts from the last sale price (AED 423K, 5 March 2009). Switch to today's estimate once you have unlocked it.
Price
AED 422,750
Deposit, UAE resident (20%)
AED 84,550
Deposit, non-resident (40%)
AED 169,100
Monthly over 25 years at 3.7%
AED 1,730

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