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1-bed · 589 sqftMarina Diamond Tower 2, Dubai Marina · 11th floor · completed 2007

1115, Marina Diamond Tower 2

Sold prices and rental history: sold once, by the developer in August 2008, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1115 · DLD and Ejari recordsUpdated 1 February 2024
Last soldAED 429K28 August 2008
Current rentAED 50K /yr1 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1115, Marina Diamond Tower 2

What is 1115 worth today?

Last sold for AED 428,605 in 2008

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1 Feb 2024RentedNew contract
AED 50,000/yr24 months · AED 84 per sqft
1 Feb 2024RentedNew contract
AED 50,000/yr24 months · AED 84 per sqft
4 Feb 2017RentedRenewal
AED 45,000/yr60 months · AED 76 per sqft
23 Dec 2013RentedRenewal
AED 60,984/yr37 months · AED 103 per sqft
22 Jun 2013RentedNew contract
AED 60,000/yr6 months · AED 101 per sqft
28 Aug 2008Sold by developerReady
AED 428,605AED 727 per sqft

Source: Dubai Land Department. Updated 1 February 2024.

Key facts

Type
1-bed apartment
Size
589 sqft
Floor
11th of 15
Parking
33 B1
Developer
Diamond Developers
Completed
2007
Service charge
AED 10,800 /yr
Last sold
AED 429K · August 2008
Building
Marina Diamond Tower 2

About 1115, Marina Diamond Tower 2

1115 is a one-bedroom apartment of 589 sqft on the 11th floor of Marina Diamond Tower 2, a 15-storey tower in Dubai Marina completed in 2007 by Diamond Developers. The developer sold it on 28 August 2008 for AED 428,605, or AED 727 per sqft, in line with the AED 708 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, signed on 1 February 2024, is AED 50,000 a year: a gross yield of 11.7% on the 2008 price, before the service charge of about AED 10,800 a year.

Sales and rents for 1115 over time

Sales
Unit 1115, each saleTypical one-bed in Marina Diamond Tower 2
500K750K2008201320182023Typical sale price by year: 2008 AED 438,392; 2009 AED 444,574; 2010 AED 475,000; 2011 AED 525,000; 2012 AED 460,500; 2013 AED 670,000; 2014 AED 797,500; 2015 AED 770,000; 2016 AED 775,000; 2017 AED 785,000; 2018 AED 720,000; 2019 AED 500,000; 2020 AED 437,500; 2021 AED 510,000; 2022 AED 590,000; 2023 AED 705,000; 2024 AED 830,000; 2025 AED 900,000; 2026 AED 900,000Sold by developer, August 2008: AED 428,605 (AED 727 per sqft)

1115 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1115, each contractTypical one-bed in Marina Diamond Tower 2
40K60K80K2012201620202024Typical rent by year: 2012 AED 52,000; 2013 AED 60,000; 2014 AED 72,000; 2015 AED 75,000; 2016 AED 74,940; 2017 AED 68,000; 2018 AED 60,000; 2019 AED 50,000; 2020 AED 41,000; 2021 AED 40,000; 2022 AED 45,000; 2023 AED 58,000; 2024 AED 70,000; 2025 AED 66,000; 2026 AED 64,000New contract, June 2013: AED 60,000 a yearRenewal, December 2013: AED 60,984 a yearRenewal, February 2017: AED 45,000 a yearNew contract, February 2024: AED 50,000 a yearNew contract, February 2024: AED 50,000 a year

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

1-beds in Marina Diamond Tower 2, and where 1115 sits

All 128 1-beds →

1115 last sold in August 2008 at AED 727 per sqft, in line with what one-beds in Marina Diamond Tower 2 were fetching at the time (AED 708). Over the last 12 months one-beds sold for AED 750,000 to 1,100,000, around AED 1,372 per sqft, and rent for AED 50,000 to 116,500 a year. 1115's AED 50,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
22 Oct 2026774,230
21 Sep 2026853,000
21 Aug 2026750,000
13 Jul 2026765,000
10 1-bed sales in the last 12 months

Marina Diamond Tower 2

Building

276 apartments, studios to 2-bed over 15 floors in Dubai Marina, completed in 2007 by Diamond Developers. 13 sold in the last 12 months.

Typical price per sqft
AED 1,553 Up 9.6%
Typical sale
AED 853K
Typical rent
AED 64K /yr
Typical yield
7.3%
Marina Diamond Tower 2, Dubai Marina: prices, sales and rents →

Other units on the 11th floor

All 276 units in Marina Diamond Tower 2
Value
11012-bedAED 1.15M · Apr 2015
1102StudioAED 633K · Oct 2013
11032-bedAED 607K · Aug 2008
11041-bedAED 650K · Dec 2012
1105StudioAED 775K · Jan 2025
11061-bedAED 700K · Sep 2023
11071-bedAED 435K · Aug 2019
1–7 of 17

1115, Marina Diamond Tower 2 in numbers

  • Sold once: by Diamond Developers on 28 August 2008 for AED 428,605, or AED 727 per sqft.
  • Rented since June 2013 on 5 Ejari contracts. The rent fell from AED 60,000 to AED 45,000 in 2017 and recovered to AED 50,000 by February 2024.
  • At AED 50,000 a year the gross yield on the 2008 price is 11.7%, before a service charge of about AED 10,800 a year (AED 18.33 per sqft).
  • One-beds in Marina Diamond Tower 2 sold for AED 750,000–1,100,000 in the 12 months to November 2026; the building's median across all types is AED 1,553 per sqft.

Source: Dubai Land Department. Updated 1 February 2024.

Questions about 1115, Marina Diamond Tower 2

What did unit 1115 last sell for?

AED 428,605 on 28 August 2008, sold by the developer: AED 727 per sqft for 589 sqft. It is the only registered sale of the unit.

What is the rent for unit 1115?

AED 50,000 a year on the contract signed on 1 February 2024. The previous contract, from February 2024, was AED 50,000; the unit has been rented since June 2013.

How big is unit 1115?

589 sqft (54.7 sqm): a one-bedroom apartment on the 11th floor of a 15-storey tower completed in 2007.

What is unit 1115 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Marina Diamond Tower 2 sold for AED 750,000 to 1,100,000 in the last 12 months, around AED 1,372 per sqft.

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Mortgage on 1115, Marina Diamond Tower 2

Starts from the last sale price (AED 429K, 28 August 2008). Switch to today's estimate once you have unlocked it.
Price
AED 428,605
Deposit, UAE resident (20%)
AED 85,721
Deposit, non-resident (40%)
AED 171,442
Monthly over 25 years at 3.7%
AED 1,754

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