2-bed · 983 sqftMarina Diamond Tower 1, Dubai Marina · 9th floor · completed 2006

902, Marina Diamond Tower 1

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

Unit 902 · DLD and Ejari recordsUpdated 8 June 2023
Last soldAED 1.4M8 June 2023
Current rentAED 55K /yr18 February 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 902, Marina Diamond Tower 1

What is 902 worth today?

Last sold for AED 1,400,000 in 2023

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8 Jun 2023SoldReady
AED 1,400,000AED 1,424 per sqft
25 Aug 2022SoldReady
AED 850,000AED 864 per sqft
18 Feb 2021RentedNew contract
AED 55,000/yr12 months · AED 56 per sqft
15 Jan 2020RentedNew contract
AED 64,000/yr12 months · AED 65 per sqft
1 Nov 2018RentedNew contract
AED 80,000/yr12 months · AED 82 per sqft
6 Dec 2017SoldReady
AED 1,000,000AED 1,017 per sqft
1 Aug 2017RentedRenewal
AED 100,000/yr12 months · AED 102 per sqft
1 Aug 2016RentedRenewal
AED 105,000/yr12 months · AED 107 per sqft

Source: Dubai Land Department. Updated 8 June 2023.

Key facts

Type
2-bed apartment
Size
983 sqft
Floor
9th of 14
Parking
26
Developer
Diamond Developers
Completed
2006
Service charge
AED 18,600 /yr
Last sold
AED 1.4M · June 2023

About 902, Marina Diamond Tower 1

902 is a two-bedroom apartment of 983 sqft on the 9th floor of Marina Diamond Tower 1, a 14-storey tower in Dubai Marina completed in 2006 by Diamond Developers. It last sold on 8 June 2023 for AED 1,400,000, or AED 1,424 per sqft, 40% above the AED 1,017 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 18 February 2021, is AED 55,000 a year: a gross yield of 3.9% on the 2023 price, before the service charge of about AED 18,600 a year.

Sales and rents for 902 over time

Sales
Unit 902, 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 by developer, April 2013: AED 643,750 (AED 654 per sqft)Sold, December 2017: AED 1,000,000 (AED 1,017 per sqft)Sold, August 2022: AED 850,000 (AED 864 per sqft)Sold, June 2023: AED 1,400,000 (AED 1,424 per sqft)

902 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 902, 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, January 2013: AED 65,000 a yearNew contract, August 2015: AED 105,000 a yearRenewal, August 2016: AED 105,000 a yearRenewal, August 2017: AED 100,000 a yearNew contract, November 2018: AED 80,000 a yearNew contract, January 2020: AED 64,000 a yearNew contract, February 2021: AED 55,000 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 902 sits

All 52 2-beds →

902 last sold in June 2023 at AED 1,424 per sqft, 40% above what two-beds in Marina Diamond Tower 1 were fetching at the time (AED 1,017). 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. 902's AED 55,000 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 9th floor

All 183 units in Marina Diamond Tower 1
Value
9012-bedAED 676K · Sep 2010
9031-bedAED 381K · Dec 2013
9041-bedAED 860K · Oct 2015
9051-bedAED 1M · Aug 2026
9062-bedAED 1.35M · Dec 2013
9072-bedAED 1.15M · Jan 2024
908StudioAED 670K · Sep 2017
1–7 of 12

902, Marina Diamond Tower 1 in numbers

  • Sold 4 times: first on 15 April 2013 for AED 643,750, last on 8 June 2023 for AED 1,400,000 (AED 1,424 per sqft).
  • Rented since January 2013 on 7 Ejari contracts, from AED 65,000 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2023 price is 3.9%, 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 8 June 2023.

Questions about 902, Marina Diamond Tower 1

What did unit 902 last sell for?

AED 1,400,000 on 8 June 2023: AED 1,424 per sqft for 983 sqft. The unit has 4 registered sales; the first was AED 643,750 in April 2013.

What is the rent for unit 902?

AED 55,000 a year on the contract signed on 18 February 2021. The previous contract, from January 2020, was AED 64,000; the unit has been rented since January 2013.

How big is unit 902?

983 sqft (91.3 sqm): a two-bedroom apartment on the 9th floor of a 14-storey tower completed in 2006.

What is unit 902 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 902, Marina Diamond Tower 1

Starts from the last sale price (AED 1.4M, 8 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,400,000
Deposit, UAE resident (20%)
AED 280,000
Deposit, non-resident (40%)
AED 560,000
Monthly over 25 years at 3.7%
AED 5,728

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