1302, Marina Diamond Tower 1
Sold prices and rental history: sold 3 times, last in August 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1302, Marina Diamond Tower 1
What is 1302 worth today?
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Source: Dubai Land Department. Updated 15 August 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 983 sqft
- Floor
- 13th of 14
- Parking
- 7
- Developer
- Diamond Developers
- Completed
- 2006
- Service charge
- AED 18,600 /yr
- Last sold
- AED 1.23M · August 2024
- Building
- Marina Diamond Tower 1
About 1302, Marina Diamond Tower 1
1302 is a two-bedroom apartment of 983 sqft on the 13th floor of Marina Diamond Tower 1, a 14-storey tower in Dubai Marina completed in 2006 by Diamond Developers. It last sold on 15 August 2024 for AED 1,225,000, or AED 1,246 per sqft, in line with the AED 1,221 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 1 June 2020, is AED 63,000 a year: a gross yield of 5.1% on the 2024 price, before the service charge of about AED 18,600 a year.
Sales and rents for 1302 over time
1302 has sold 3 times; 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 1302 sits
All 52 2-beds →1302 last sold in August 2024 at AED 1,246 per sqft, in line with what two-beds in Marina Diamond Tower 1 were fetching at the time (AED 1,221). 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. 1302's AED 63,000 is at the bottom 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 13th floor
All 183 units in Marina Diamond Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1301 | 2-bed | 983 sqft | AED 1.25MAED 1,250,000 · Dec 2023December 2023 | 130,000 /yr | |
| 1303 | 1-bed | 719 sqft | AED 1.08MAED 1,080,000 · Sep 2014September 2014 | 36,000 /yr | |
| 1304 | 1-bed | 836 sqft | AED 535KAED 534,600 · Jul 2008July 2008 | 70,000 /yr | |
| 1305 | 1-bed | 719 sqft | AED 780KAED 780,000 · Oct 2026October 2026 | 50,000 /yr | |
| 1306 | 2-bed | 983 sqft | AED 710KAED 710,000 · Oct 2011October 2011 | 103,000 /yr | |
| 1307 | 2-bed | 983 sqft | AED 725KAED 725,000 · Oct 2011October 2011 | 90,000 /yr | |
| 1308 | Studio | 363 sqft | AED 425KAED 425,000 · Mar 2020March 2020 | 50,000 /yr | |
| 1309 | Studio | 374 sqft | AED 600KAED 600,000 · Oct 2016October 2016 | 52,000 /yr | |
| 1310 | Studio | 385 sqft | AED 775KAED 775,000 · Aug 2026August 2026 | 62,100 /yr | |
| 1311 | Studio | 385 sqft | AED 266KAED 265,827 · Feb 2014February 2014 | 42,000 /yr | |
| 1312 | Studio | 379 sqft | AED 260KAED 260,000 · Jul 2008July 2008 | 54,338 /yr | |
| 1313 | Studio | 368 sqft | AED 659KAED 659,000 · Jan 2024January 2024 | 42,000 /yr |
1302, Marina Diamond Tower 1 in numbers
- Sold 3 times: first on 29 November 2011 for AED 578,004, last on 15 August 2024 for AED 1,225,000 (AED 1,246 per sqft).
- Rented since February 2013 on 4 Ejari contracts, from AED 85,000 to AED 63,000 a year.
- At AED 63,000 a year the gross yield on the 2024 price is 5.1%, 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 15 August 2024.
Questions about 1302, Marina Diamond Tower 1
What did unit 1302 last sell for?
AED 1,225,000 on 15 August 2024: AED 1,246 per sqft for 983 sqft. The unit has 3 registered sales; the first was AED 578,004 in November 2011.
What is the rent for unit 1302?
AED 63,000 a year on the contract signed on 1 June 2020. The previous contract, from May 2019, was AED 70,000; the unit has been rented since February 2013.
How big is unit 1302?
983 sqft (91.3 sqm): a two-bedroom apartment on the 13th floor of a 14-storey tower completed in 2006.
What is unit 1302 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 1302, Marina Diamond Tower 1
Starts from the last sale price (AED 1.23M, 15 August 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,225,000
- Deposit, UAE resident (20%)
- AED 245,000
- Deposit, non-resident (40%)
- AED 490,000
- Monthly over 25 years at 3.7%
- AED 5,012
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →