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1-bed · 719 sqftMarina Diamond Tower 1, Dubai Marina · 12th floor · completed 2006

1203, Marina Diamond Tower 1

Sold prices and rental history: sold once, by the developer in May 2008, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1203 · DLD and Ejari recordsUpdated 1 July 2020
Last soldAED 680K18 May 2008
Current rentAED 45K /yr1 July 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1203, Marina Diamond Tower 1

What is 1203 worth today?

Last sold for AED 680,000 in 2008

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1 Jul 2020RentedNew contract
AED 45,000/yr12 months · AED 62 per sqft
10 Jun 2019RentedNew contract
AED 53,000/yr12 months · AED 73 per sqft
18 May 2008Sold by developerReady
AED 680,000AED 945 per sqft

Source: Dubai Land Department. Updated 1 July 2020.

Key facts

Type
1-bed apartment
Size
719 sqft
Floor
12th of 14
Parking
67
Developer
Diamond Developers
Completed
2006
Service charge
AED 13,600 /yr
Last sold
AED 680K · May 2008
Building
Marina Diamond Tower 1

About 1203, Marina Diamond Tower 1

1203 is a one-bedroom apartment of 719 sqft on the 12th floor of Marina Diamond Tower 1, a 14-storey tower in Dubai Marina completed in 2006 by Diamond Developers. The developer sold it on 18 May 2008 for AED 680,000, or AED 945 per sqft, 13% above the AED 834 one-beds in the building were fetching at the time.

It has been rented since 2019 on 2 Ejari contracts. The current contract, signed on 1 July 2020, is AED 45,000 a year: a gross yield of 6.6% on the 2008 price, before the service charge of about AED 13,600 a year.

Sales and rents for 1203 over time

Sales
Unit 1203, each saleTypical one-bed in Marina Diamond Tower 1
500K750K1M2008201320182023Typical sale price by year: 2008 AED 490,509; 2009 AED 612,138; 2011 AED 510,000; 2012 AED 581,504; 2013 AED 612,400; 2014 AED 780,000; 2015 AED 990,000; 2019 AED 615,000; 2021 AED 530,000; 2022 AED 654,000; 2023 AED 700,000; 2024 AED 970,000; 2025 AED 1,000,000; 2026 AED 1,020,000Sold by developer, May 2008: AED 680,000 (AED 945 per sqft)

1203 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1203, each contractTypical one-bed in Marina Diamond Tower 1
40K60K80K2013201720212025Typical rent by year: 2013 AED 65,728; 2014 AED 81,000; 2015 AED 80,000; 2016 AED 76,500; 2017 AED 75,000; 2018 AED 64,000; 2019 AED 59,000; 2020 AED 48,000; 2021 AED 44,500; 2022 AED 55,000; 2023 AED 60,720; 2024 AED 72,308; 2025 AED 80,000; 2026 AED 71,000New contract, June 2019: AED 53,000 a yearNew contract, July 2020: AED 45,000 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 1, and where 1203 sits

All 47 1-beds →

1203 last sold in May 2008 at AED 945 per sqft, 13% above what one-beds in Marina Diamond Tower 1 were fetching at the time (AED 834). Over the last 12 months one-beds sold for AED 780,000 to 1,290,000, around AED 1,383 per sqft, and rent for AED 50,000 to 100,000 a year. 1203's AED 45,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
27 Oct 2026780,000
14 Aug 20261,000,000
10 Jul 20261,200,000
26 Jun 20261,290,000
6 1-bed 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 12th floor

All 183 units in Marina Diamond Tower 1
Value
12012-bedAED 647K · Jun 2008
12022-bedAED 730K · Jan 2021
12041-bedAED 1.3M · Mar 2025
12051-bedAED 580K · Dec 2019
12062-bedAED 1M · May 2023
12072-bedAED 1.49M · Jan 2014
1208StudioAED 610K · Feb 2018
1–7 of 12

1203, Marina Diamond Tower 1 in numbers

  • Sold once: by Diamond Developers on 18 May 2008 for AED 680,000, or AED 945 per sqft.
  • Rented since June 2019 on 2 Ejari contracts, from AED 53,000 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2008 price is 6.6%, before a service charge of about AED 13,600 a year (AED 18.89 per sqft).
  • One-beds in Marina Diamond Tower 1 sold for AED 780,000–1,290,000 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 1 July 2020.

Questions about 1203, Marina Diamond Tower 1

What did unit 1203 last sell for?

AED 680,000 on 18 May 2008, sold by the developer: AED 945 per sqft for 719 sqft. It is the only registered sale of the unit.

What is the rent for unit 1203?

AED 45,000 a year on the contract signed on 1 July 2020. The previous contract, from June 2019, was AED 53,000.

How big is unit 1203?

719 sqft (66.8 sqm): a one-bedroom apartment on the 12th floor of a 14-storey tower completed in 2006.

What is unit 1203 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 1 sold for AED 780,000 to 1,290,000 in the last 12 months, around AED 1,383 per sqft.

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Mortgage on 1203, Marina Diamond Tower 1

Starts from the last sale price (AED 680K, 18 May 2008). Switch to today's estimate once you have unlocked it.
Price
AED 680,000
Deposit, UAE resident (20%)
AED 136,000
Deposit, non-resident (40%)
AED 272,000
Monthly over 25 years at 3.7%
AED 2,782

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