Studio · 379 sqftMarina Diamond Tower 1, Dubai Marina · 2nd floor · completed 2006

212, Marina Diamond Tower 1

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

Unit 212 · DLD and Ejari recordsUpdated 11 September 2023
Last soldAED 525K11 September 2023
Current rentAED 38K /yr15 February 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 212, Marina Diamond Tower 1

What is 212 worth today?

Last sold for AED 525,000 in 2023

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11 Sep 2023SoldReady
AED 525,000AED 1,385 per sqft
15 Feb 2020RentedNew contract
AED 38,000/yr12 months · AED 101 per sqft
10 Jul 2019RentedNew contract
AED 40,000/yr12 months · AED 106 per sqft
25 Jun 2018RentedNew contract
AED 46,000/yr12 months · AED 122 per sqft
18 May 2016RentedNew contract
AED 58,000/yr12 months · AED 154 per sqft
26 Apr 2015RentedNew contract
AED 60,000/yr12 months · AED 159 per sqft
10 Nov 2013RentedNew contract
AED 50,000/yr12 months · AED 133 per sqft
1 Nov 2012RentedNew contract
AED 39,000/yr12 months · AED 104 per sqft

Source: Dubai Land Department. Updated 11 September 2023.

Key facts

Type
Studio apartment
Size
379 sqft
Floor
2nd of 14
Parking
194
Developer
Diamond Developers
Completed
2006
Service charge
AED 7,200 /yr
Last sold
AED 525K · September 2023

About 212, Marina Diamond Tower 1

212 is a studio of 379 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 11 September 2023 for AED 525,000, or AED 1,385 per sqft, in line with the AED 1,367 studios in the building were fetching at the time.

It has been rented continuously since 2012 on 7 Ejari contracts. The current contract, signed on 15 February 2020, is AED 38,000 a year: a gross yield of 7.2% on the 2023 price, before the service charge of about AED 7,200 a year.

Sales and rents for 212 over time

Sales
Unit 212, each saleTypical studio in Marina Diamond Tower 1
250K500K750K2008201320182023Typical sale price by year: 2008 AED 258,616; 2009 AED 341,950; 2010 AED 280,000; 2011 AED 290,000; 2012 AED 388,000; 2013 AED 505,000; 2014 AED 600,000; 2015 AED 445,000; 2016 AED 600,000; 2017 AED 650,000; 2018 AED 537,500; 2019 AED 475,000; 2020 AED 395,000; 2021 AED 377,500; 2022 AED 435,000; 2023 AED 530,000; 2024 AED 659,500; 2025 AED 707,500; 2026 AED 715,000Sold by developer, August 2008: AED 242,341 (AED 639 per sqft)Sold, September 2023: AED 525,000 (AED 1,385 per sqft)

212 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 212, each contractTypical studio in Marina Diamond Tower 1
40K60K2012201620202024Typical rent by year: 2012 AED 39,500; 2013 AED 45,000; 2014 AED 55,000; 2015 AED 60,000; 2016 AED 60,000; 2017 AED 55,000; 2018 AED 47,500; 2019 AED 40,000; 2020 AED 31,000; 2021 AED 30,000; 2022 AED 38,000; 2023 AED 45,000; 2024 AED 55,000; 2025 AED 57,000; 2026 AED 50,080New contract, November 2012: AED 39,000 a yearNew contract, November 2013: AED 50,000 a yearNew contract, April 2015: AED 60,000 a yearNew contract, May 2016: AED 58,000 a yearNew contract, June 2018: AED 46,000 a yearNew contract, July 2019: AED 40,000 a yearNew contract, February 2020: AED 38,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Marina Diamond Tower 1, and where 212 sits

All 84 studios →

212 last sold in September 2023 at AED 1,385 per sqft, in line with what studios in Marina Diamond Tower 1 were fetching at the time (AED 1,367). Over the last 12 months studios sold for AED 672,000 to 775,000, around AED 1,911 per sqft, and rent for AED 26,000 to 75,000 a year. 212's AED 38,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
4 Aug 2026775,000
15 Jul 2026715,000
5 Jun 2026672,000
9 Oct 2025660,000
3 studio 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 2nd floor

All 183 units in Marina Diamond Tower 1
Value
2012-bedAED 1.55M · Jan 2009
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
1–7 of 11

212, Marina Diamond Tower 1 in numbers

  • Sold twice: first on 10 August 2008 for AED 242,341, last on 11 September 2023 for AED 525,000 (AED 1,385 per sqft).
  • Rented since November 2012 on 7 Ejari contracts, from AED 39,000 to AED 38,000 a year.
  • At AED 38,000 a year the gross yield on the 2023 price is 7.2%, before a service charge of about AED 7,200 a year (AED 18.89 per sqft).
  • Studios in Marina Diamond Tower 1 sold for AED 672,000–775,000 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 11 September 2023.

Questions about 212, Marina Diamond Tower 1

What did unit 212 last sell for?

AED 525,000 on 11 September 2023: AED 1,385 per sqft for 379 sqft. The unit has 2 registered sales; the first was AED 242,341 in August 2008.

What is the rent for unit 212?

AED 38,000 a year on the contract signed on 15 February 2020. The previous contract, from July 2019, was AED 40,000; the unit has been rented since November 2012.

How big is unit 212?

379 sqft (35.2 sqm): a studio on the 2nd floor of a 14-storey tower completed in 2006.

What is unit 212 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Marina Diamond Tower 1 sold for AED 672,000 to 775,000 in the last 12 months, around AED 1,911 per sqft.

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Mortgage on 212, Marina Diamond Tower 1

Starts from the last sale price (AED 525K, 11 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 525,000
Deposit, UAE resident (20%)
AED 105,000
Deposit, non-resident (40%)
AED 210,000
Monthly over 25 years at 3.7%
AED 2,148

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