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

201, Marina Diamond Tower 1

Sold prices and rental history: sold 3 times, last in January 2009, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 201 · DLD and Ejari recordsUpdated 20 June 2021
Last soldAED 1.55M14 January 2009
Current rentAED 54K /yr20 June 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 201, Marina Diamond Tower 1

What is 201 worth today?

Last sold for AED 1,550,000 in 2009

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20 Jun 2021RentedNew contract
AED 54,000/yr12 months · AED 55 per sqft
28 Mar 2020RentedRenewal
AED 65,000/yr12 months · AED 66 per sqft
28 Mar 2019RentedNew contract
AED 65,000/yr12 months · AED 66 per sqft
10 Feb 2014RentedNew contract
AED 90,000/yr12 months · AED 92 per sqft
14 Jan 2009SoldReady
AED 1,550,000AED 1,576 per sqft
17 Jun 2008SoldReady
AED 1,450,000AED 1,475 per sqft
1 Jun 2008Sold by developerReady
AED 602,027AED 612 per sqft

Source: Dubai Land Department. Updated 20 June 2021.

Key facts

Type
2-bed apartment
Size
983 sqft
Floor
2nd of 14
Parking
53
Developer
Diamond Developers
Completed
2006
Service charge
AED 18,600 /yr
Last sold
AED 1.55M · January 2009

About 201, Marina Diamond Tower 1

201 is a two-bedroom apartment of 983 sqft on the 2nd floor of Marina Diamond Tower 1, a 14-storey tower in Dubai Marina completed in 2006 by Diamond Developers. It last sold on 14 January 2009 for AED 1,550,000, or AED 1,576 per sqft, 165% above the AED 594 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, signed on 20 June 2021, is AED 54,000 a year: a gross yield of 3.5% on the 2009 price, before the service charge of about AED 18,600 a year.

Sales and rents for 201 over time

Sales
Unit 201, each saleTypical two-bed in Marina Diamond Tower 1
500K1M1.5M2008201320182023Typical 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, June 2008: AED 1,450,000 (AED 1,475 per sqft)Sold by developer, June 2008: AED 602,027 (AED 612 per sqft)Sold, January 2009: AED 1,550,000 (AED 1,576 per sqft)

201 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 201, each contractTypical two-bed in Marina Diamond Tower 1
50K75K100K2012201620202024Typical 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, February 2014: AED 90,000 a yearNew contract, March 2019: AED 65,000 a yearRenewal, March 2020: AED 65,000 a yearNew contract, June 2021: AED 54,000 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 201 sits

All 52 2-beds →

201 last sold in January 2009 at AED 1,576 per sqft, 165% above what two-beds in Marina Diamond Tower 1 were fetching at the time (AED 594). 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. 201's AED 54,000 is at the bottom 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 2nd floor

All 183 units in Marina Diamond Tower 1
Value
2022-bedAED 490K · May 2008
2031-bedAED 530K · Jun 2021
2041-bedAED 700K · Jul 2008
2051-bedAED 1.07M · May 2024
2062-bedAED 584K · Apr 2009
2072-bedAED 542K · Jul 2008
208StudioAED 244K · Mar 2010
1–7 of 11

201, Marina Diamond Tower 1 in numbers

  • Sold 3 times: first on 1 June 2008 for AED 602,027, last on 14 January 2009 for AED 1,550,000 (AED 1,576 per sqft).
  • Rented since February 2014 on 4 Ejari contracts, from AED 90,000 to AED 54,000 a year.
  • At AED 54,000 a year the gross yield on the 2009 price is 3.5%, 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 June 2021.

Questions about 201, Marina Diamond Tower 1

What did unit 201 last sell for?

AED 1,550,000 on 14 January 2009: AED 1,576 per sqft for 983 sqft. The unit has 3 registered sales; the first was AED 602,027 in June 2008.

What is the rent for unit 201?

AED 54,000 a year on the contract signed on 20 June 2021. The previous contract, from March 2020, was AED 65,000; the unit has been rented since February 2014.

How big is unit 201?

983 sqft (91.3 sqm): a two-bedroom apartment on the 2nd floor of a 14-storey tower completed in 2006.

What is unit 201 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 201, Marina Diamond Tower 1

Starts from the last sale price (AED 1.55M, 14 January 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,550,000
Deposit, UAE resident (20%)
AED 310,000
Deposit, non-resident (40%)
AED 620,000
Monthly over 25 years at 3.7%
AED 6,342

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