1307, Marina Diamond Tower 1
Sold prices and rental history: sold 3 times, last in October 2011, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1307, Marina Diamond Tower 1
What is 1307 worth today?
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Source: Dubai Land Department. Updated 18 May 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 983 sqft
- Floor
- 13th of 14
- Parking
- 8
- Developer
- Diamond Developers
- Completed
- 2006
- Service charge
- AED 18,600 /yr
- Last sold
- AED 725K · October 2011
- Building
- Marina Diamond Tower 1
About 1307, Marina Diamond Tower 1
1307 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 27 October 2011 for AED 725,000, or AED 737 per sqft, 11% above the AED 661 two-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, signed on 18 May 2023, is AED 90,000 a year: a gross yield of 12.4% on the 2011 price, before the service charge of about AED 18,600 a year.
Sales and rents for 1307 over time
1307 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 1307 sits
All 52 2-beds →1307 last sold in October 2011 at AED 737 per sqft, 11% above what two-beds in Marina Diamond Tower 1 were fetching at the time (AED 661). 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. 1307's AED 90,000 is in the lower half 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 | |
| 1302 | 2-bed | 983 sqft | AED 1.23MAED 1,225,000 · Aug 2024August 2024 | 63,000 /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 | |
| 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 |
1307, Marina Diamond Tower 1 in numbers
- Sold 3 times: first on 22 February 2011 for AED 595,828, last on 27 October 2011 for AED 725,000 (AED 737 per sqft).
- Rented since September 2016 on 6 Ejari contracts. The rent fell from AED 95,000 to AED 57,000 in 2021 and recovered to AED 90,000 by May 2023.
- At AED 90,000 a year the gross yield on the 2011 price is 12.4%, 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 18 May 2023.
Questions about 1307, Marina Diamond Tower 1
What did unit 1307 last sell for?
AED 725,000 on 27 October 2011: AED 737 per sqft for 983 sqft. The unit has 3 registered sales; the first was AED 595,828 in February 2011.
What is the rent for unit 1307?
AED 90,000 a year on the contract signed on 18 May 2023. The previous contract, from March 2022, was AED 60,000; the unit has been rented since September 2016.
How big is unit 1307?
983 sqft (91.3 sqm): a two-bedroom apartment on the 13th floor of a 14-storey tower completed in 2006.
What is unit 1307 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 1307, Marina Diamond Tower 1
Starts from the last sale price (AED 725K, 27 October 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 725,000
- Deposit, UAE resident (20%)
- AED 145,000
- Deposit, non-resident (40%)
- AED 290,000
- Monthly over 25 years at 3.7%
- AED 2,966
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →