2-bed · 983 sqftMarina Diamond Tower 1, Dubai Marina · 4th floor · completed 2006

402, Marina Diamond Tower 1

Sold prices and rental history: sold once, by the developer in July 2008, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 402 · DLD and Ejari recordsUpdated 25 November 2025
Last soldAED 516K10 July 2008
Current rentAED 92K /yr25 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 402, Marina Diamond Tower 1

What is 402 worth today?

Last sold for AED 515,610 in 2008

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25 Nov 2025RentedRenewal
AED 92,000/yr12 months · AED 94 per sqft
25 Nov 2024RentedNew contract
AED 92,000/yr12 months · AED 94 per sqft
25 Nov 2021RentedNew contract
AED 70,000/yr12 months · AED 71 per sqft
20 May 2020RentedRenewal
AED 55,000/yr12 months · AED 56 per sqft
20 May 2019RentedNew contract
AED 60,000/yr12 months · AED 61 per sqft
11 Jun 2014RentedNew contract
AED 115,000/yr12 months · AED 117 per sqft
10 Jul 2008Sold by developerReady
AED 515,610AED 524 per sqft

Source: Dubai Land Department. Updated 25 November 2025.

Key facts

Type
2-bed apartment
Size
983 sqft
Floor
4th of 14
Parking
46
Developer
Diamond Developers
Completed
2006
Service charge
AED 18,600 /yr
Last sold
AED 516K · July 2008

About 402, Marina Diamond Tower 1

402 is a two-bedroom apartment of 983 sqft on the 4th floor of Marina Diamond Tower 1, a 14-storey tower in Dubai Marina completed in 2006 by Diamond Developers. The developer sold it on 10 July 2008 for AED 515,610, or AED 524 per sqft, 11% below the AED 591 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, renewed on 25 November 2025, is AED 92,000 a year: a gross yield of 17.8% on the 2008 price, before the service charge of about AED 18,600 a year.

Sales and rents for 402 over time

Sales
Unit 402, 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, July 2008: AED 515,610 (AED 524 per sqft)

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

Rents
Unit 402, 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 2014: AED 115,000 a yearNew contract, May 2019: AED 60,000 a yearRenewal, May 2020: AED 55,000 a yearNew contract, November 2021: AED 70,000 a yearNew contract, November 2024: AED 92,000 a yearRenewal, November 2025: AED 92,000 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 402 sits

All 52 2-beds →

402 last sold in July 2008 at AED 524 per sqft, 11% below what two-beds in Marina Diamond Tower 1 were fetching at the time (AED 591). 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. 402's AED 92,000 is in the lower 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 4th floor

All 183 units in Marina Diamond Tower 1
Value
4012-bedAED 1.25M · Dec 2024
4031-bedAED 520K · Mar 2020
4041-bedAED 300K · Apr 2023
4051-bedAED 800K · Nov 2024
4062-bedAED 1.18M · Jun 2024
4072-bedAED 1.1M · Nov 2013
408StudioAED 650K · Aug 2025
1–7 of 12

402, Marina Diamond Tower 1 in numbers

  • Sold once: by Diamond Developers on 10 July 2008 for AED 515,610, or AED 524 per sqft.
  • Rented since June 2014 on 6 Ejari contracts. The rent fell from AED 115,000 to AED 55,000 in 2020 and recovered to AED 92,000 by November 2025.
  • At AED 92,000 a year the gross yield on the 2008 price is 17.8%, 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 25 November 2025.

Questions about 402, Marina Diamond Tower 1

What did unit 402 last sell for?

AED 515,610 on 10 July 2008, sold by the developer: AED 524 per sqft for 983 sqft. It is the only registered sale of the unit.

What is the rent for unit 402?

AED 92,000 a year on the contract renewed on 25 November 2025. The previous contract, from November 2024, was AED 92,000; the unit has been rented since June 2014.

How big is unit 402?

983 sqft (91.3 sqm): a two-bedroom apartment on the 4th floor of a 14-storey tower completed in 2006.

What is unit 402 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 402, Marina Diamond Tower 1

Starts from the last sale price (AED 516K, 10 July 2008). Switch to today's estimate once you have unlocked it.
Price
AED 515,610
Deposit, UAE resident (20%)
AED 103,122
Deposit, non-resident (40%)
AED 206,244
Monthly over 25 years at 3.7%
AED 2,110

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