Studio · 374 sqftMarina Diamond Tower 1, Dubai Marina · 4th floor · completed 2006

409, Marina Diamond Tower 1

Sold prices and rental history: sold 4 times, last in March 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 409 · DLD and Ejari recordsUpdated 28 February 2026
Last soldAED 530K2 March 2023
Current rentAED 70K /yr28 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 409, Marina Diamond Tower 1

What is 409 worth today?

Last sold for AED 530,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

28 Feb 2026RentedNew contract
AED 70,000/yr12 months · AED 186 per sqft
2 Mar 2025RentedRenewal
AED 80,000/yr6 months · AED 212 per sqft
2 Mar 2024RentedNew contract
AED 70,000/yr12 months · AED 186 per sqft
2 Mar 2023SoldReady
AED 530,000AED 1,416 per sqft
1 Nov 2021RentedNew contract
AED 35,000/yr12 months · AED 93 per sqft
26 Oct 2020RentedNew contract
AED 28,000/yr12 months · AED 74 per sqft
1 Jul 2018RentedNew contract
AED 50,000/yr12 months · AED 133 per sqft
5 Jan 2018RentedNew contract
AED 55,000/yr12 months · AED 146 per sqft

Source: Dubai Land Department. Updated 28 February 2026.

Key facts

Type
Studio apartment
Size
374 sqft
Floor
4th of 14
Parking
17
Developer
Diamond Developers
Completed
2006
Service charge
AED 7,100 /yr
Last sold
AED 530K · March 2023

About 409, Marina Diamond Tower 1

409 is a studio of 374 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 2 March 2023 for AED 530,000, or AED 1,416 per sqft, 7% above the AED 1,319 studios in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 28 February 2026, is AED 70,000 a year: a gross yield of 13.2% on the 2023 price, before the service charge of about AED 7,100 a year.

Sales and rents for 409 over time

Sales
Unit 409, 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 2009: AED 205,000 (AED 548 per sqft)Sold, December 2009: AED 425,000 (AED 1,136 per sqft)Sold, May 2012: AED 390,000 (AED 1,042 per sqft)Sold, March 2023: AED 530,000 (AED 1,416 per sqft)

409 has sold 4 times; the dashed line is the studio median of each year in the building.

Rents
Unit 409, each contractTypical studio in Marina Diamond Tower 1
25K50K75K2012201620202024Typical 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, January 2013: AED 47,000 a yearNew contract, January 2014: AED 65,000 a yearNew contract, February 2016: AED 65,000 a yearNew contract, January 2018: AED 55,000 a yearNew contract, July 2018: AED 50,000 a yearNew contract, October 2020: AED 28,000 a yearNew contract, November 2021: AED 35,000 a yearNew contract, March 2024: AED 70,000 a yearRenewal, March 2025: AED 80,000 a yearNew contract, February 2026: AED 70,000 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 409 sits

All 84 studios →

409 last sold in March 2023 at AED 1,416 per sqft, 7% above what studios in Marina Diamond Tower 1 were fetching at the time (AED 1,319). 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. 409's AED 70,000 is in the upper 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 4th floor

All 183 units in Marina Diamond Tower 1
Value
4012-bedAED 1.25M · Dec 2024
4022-bedAED 516K · Jul 2008
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
1–7 of 12

409, Marina Diamond Tower 1 in numbers

  • Sold 4 times: first on 9 August 2009 for AED 205,000, last on 2 March 2023 for AED 530,000 (AED 1,416 per sqft).
  • Rented since January 2013 on 10 Ejari contracts. The rent fell from AED 47,000 to AED 28,000 in 2020 and recovered to AED 70,000 by February 2026.
  • At AED 70,000 a year the gross yield on the 2023 price is 13.2%, before a service charge of about AED 7,100 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 28 February 2026.

Questions about 409, Marina Diamond Tower 1

What did unit 409 last sell for?

AED 530,000 on 2 March 2023: AED 1,416 per sqft for 374 sqft. The unit has 4 registered sales; the first was AED 205,000 in August 2009.

What is the rent for unit 409?

AED 70,000 a year on the contract signed on 28 February 2026. The previous contract, from March 2025, was AED 80,000; the unit has been rented since January 2013.

How big is unit 409?

374 sqft (34.7 sqm): a studio on the 4th floor of a 14-storey tower completed in 2006.

What is unit 409 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.

Selling 409? 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.

How OpenOffers works

Mortgage on 409, Marina Diamond Tower 1

Starts from the last sale price (AED 530K, 2 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 530,000
Deposit, UAE resident (20%)
AED 106,000
Deposit, non-resident (40%)
AED 212,000
Monthly over 25 years at 3.7%
AED 2,168

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