406, Marina Diamond Tower 1
Sold prices and rental history: sold twice, last in June 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 406, Marina Diamond Tower 1
What is 406 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 10 June 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 983 sqft
- Floor
- 4th of 14
- Parking
- 47
- Developer
- Diamond Developers
- Completed
- 2006
- Service charge
- AED 18,600 /yr
- Last sold
- AED 1.18M · June 2024
- Building
- Marina Diamond Tower 1
About 406, Marina Diamond Tower 1
406 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. It last sold on 10 June 2024 for AED 1,175,000, or AED 1,195 per sqft, in line with the AED 1,182 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, signed on 12 March 2024, is AED 100,000 a year: a gross yield of 8.5% on the 2024 price, before the service charge of about AED 18,600 a year.
Sales and rents for 406 over time
406 has sold twice; 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 406 sits
All 52 2-beds →406 last sold in June 2024 at AED 1,195 per sqft, in line with what two-beds in Marina Diamond Tower 1 were fetching at the time (AED 1,182). 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. 406's AED 100,000 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 4th floor
All 183 units in Marina Diamond Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 983 sqft | AED 1.25MAED 1,250,000 · Dec 2024December 2024 | 100,000 /yr | |
| 402 | 2-bed | 983 sqft | AED 516KAED 515,610 · Jul 2008July 2008 | 92,000 /yr | |
| 403 | 1-bed | 719 sqft | AED 520KAED 520,000 · Mar 2020March 2020 | 75,000 /yr | |
| 404 | 1-bed | 334 sqft | AED 300KAED 300,000 · Apr 2023April 2023 | 73,053 /yr | |
| 405 | 1-bed | 719 sqft | AED 800KAED 800,000 · Nov 2024November 2024 | 80,000 /yr | |
| 407 | 2-bed | 983 sqft | AED 1.1MAED 1,100,000 · Nov 2013November 2013 | 105,000 /yr | |
| 408 | Studio | 363 sqft | AED 650KAED 650,000 · Aug 2025August 2025 | 47,000 /yr | |
| 409 | Studio | 374 sqft | AED 530KAED 530,000 · Mar 2023March 2023 | 70,000 /yr | |
| 410 | Studio | 385 sqft | AED 251KAED 250,613 · Jun 2010June 2010 | 46,000 /yr | |
| 411 | Studio | 385 sqft | AED 259KAED 258,572 · Jan 2015January 2015 | 50,160 /yr | |
| 412 | Studio | 379 sqft | AED 650KAED 650,000 · Sep 2014September 2014 | 52,500 /yr | |
| 413 | Studio | 368 sqft | AED 500KAED 500,000 · Mar 2023March 2023 | 54,000 /yr |
406, Marina Diamond Tower 1 in numbers
- Sold twice: first on 5 June 2008 for AED 584,145, last on 10 June 2024 for AED 1,175,000 (AED 1,195 per sqft).
- Rented since November 2014 on 8 Ejari contracts. The rent fell from AED 105,000 to AED 60,000 in 2019 and recovered to AED 100,000 by March 2024.
- At AED 100,000 a year the gross yield on the 2024 price is 8.5%, 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 10 June 2024.
Questions about 406, Marina Diamond Tower 1
What did unit 406 last sell for?
AED 1,175,000 on 10 June 2024: AED 1,195 per sqft for 983 sqft. The unit has 2 registered sales; the first was AED 584,145 in June 2008.
What is the rent for unit 406?
AED 100,000 a year on the contract signed on 12 March 2024. The previous contract, from March 2024, was AED 100,000; the unit has been rented since November 2014.
How big is unit 406?
983 sqft (91.3 sqm): a two-bedroom apartment on the 4th floor of a 14-storey tower completed in 2006.
What is unit 406 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.
Selling 406? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 406, Marina Diamond Tower 1
Starts from the last sale price (AED 1.18M, 10 June 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,175,000
- Deposit, UAE resident (20%)
- AED 235,000
- Deposit, non-resident (40%)
- AED 470,000
- Monthly over 25 years at 3.7%
- AED 4,807
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →