2-bed · 983 sqftMarina Diamond Tower 1, Dubai Marina · 12th floor · completed 2006

1206, Marina Diamond Tower 1

Sold prices and rental history: sold twice, last in May 2023, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1206 · DLD and Ejari recordsUpdated 20 February 2025
Last soldAED 1M17 May 2023
Current rentAED 110K /yr20 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1206, Marina Diamond Tower 1

What is 1206 worth today?

Last sold for AED 1,000,000 in 2023

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20 Feb 2025RentedNew contract
AED 110,000/yr12 months · AED 112 per sqft
9 Oct 2023RentedNew contract
AED 112,000/yr12 months · AED 114 per sqft
17 May 2023SoldReady
AED 1,000,000AED 1,017 per sqft
1 Jun 2022RentedRenewal
AED 66,000/yr12 months · AED 67 per sqft
1 Jun 2021RentedRenewal
AED 55,000/yr12 months · AED 56 per sqft
1 Jun 2020RentedNew contract
AED 55,000/yr12 months · AED 56 per sqft
20 Oct 2015RentedRenewal
AED 88,001/yr38 months · AED 90 per sqft
20 Oct 2014RentedNew contract
AED 80,000/yr12 months · AED 82 per sqft

Source: Dubai Land Department. Updated 20 February 2025.

Key facts

Type
2-bed apartment
Size
983 sqft
Floor
12th of 14
Parking
11
Developer
Diamond Developers
Completed
2006
Service charge
AED 18,600 /yr
Last sold
AED 1M · May 2023

About 1206, Marina Diamond Tower 1

1206 is a two-bedroom apartment of 983 sqft on the 12th floor of Marina Diamond Tower 1, a 14-storey tower in Dubai Marina completed in 2006 by Diamond Developers. It last sold on 17 May 2023 for AED 1,000,000, or AED 1,017 per sqft, in line with the AED 1,017 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 8 Ejari contracts. The current contract, signed on 20 February 2025, is AED 110,000 a year: a gross yield of 11.0% on the 2023 price, before the service charge of about AED 18,600 a year.

Sales and rents for 1206 over time

Sales
Unit 1206, 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 by developer, June 2008: AED 630,000 (AED 640 per sqft)Sold, May 2023: AED 1,000,000 (AED 1,017 per sqft)

1206 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1206, 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, June 2012: AED 70,000 a yearNew contract, October 2014: AED 80,000 a yearRenewal, October 2015: AED 88,001 a yearNew contract, June 2020: AED 55,000 a yearRenewal, June 2021: AED 55,000 a yearRenewal, June 2022: AED 66,000 a yearNew contract, October 2023: AED 112,000 a yearNew contract, February 2025: AED 110,000 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 1206 sits

All 52 2-beds →

1206 last sold in May 2023 at AED 1,017 per sqft, in line with 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. 1206's AED 110,000 is in the upper half 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 12th floor

All 183 units in Marina Diamond Tower 1
Value
12012-bedAED 647K · Jun 2008
12022-bedAED 730K · Jan 2021
12031-bedAED 680K · May 2008
12041-bedAED 1.3M · Mar 2025
12051-bedAED 580K · Dec 2019
12072-bedAED 1.49M · Jan 2014
1208StudioAED 610K · Feb 2018
1–7 of 12

1206, Marina Diamond Tower 1 in numbers

  • Sold twice: first on 5 June 2008 for AED 630,000, last on 17 May 2023 for AED 1,000,000 (AED 1,017 per sqft).
  • Rented since June 2012 on 8 Ejari contracts. The rent fell from AED 70,000 to AED 55,000 in 2021 and recovered to AED 110,000 by February 2025.
  • At AED 110,000 a year the gross yield on the 2023 price is 11.0%, 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 20 February 2025.

Questions about 1206, Marina Diamond Tower 1

What did unit 1206 last sell for?

AED 1,000,000 on 17 May 2023: AED 1,017 per sqft for 983 sqft. The unit has 2 registered sales; the first was AED 630,000 in June 2008.

What is the rent for unit 1206?

AED 110,000 a year on the contract signed on 20 February 2025. The previous contract, from October 2023, was AED 112,000; the unit has been rented since June 2012.

How big is unit 1206?

983 sqft (91.3 sqm): a two-bedroom apartment on the 12th floor of a 14-storey tower completed in 2006.

What is unit 1206 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 1206, Marina Diamond Tower 1

Starts from the last sale price (AED 1M, 17 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

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