Studio · 438 sqftMarina Diamond Tower 2, Dubai Marina · 11th floor · completed 2007

1117, Marina Diamond Tower 2

Sold prices and rental history: sold twice, last in April 2019, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1117 · DLD and Ejari recordsUpdated 15 April 2023
Last soldAED 500K15 April 2019
Current rentAED 51K /yr15 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1117, Marina Diamond Tower 2

What is 1117 worth today?

Last sold for AED 500,000 in 2019

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15 Apr 2023RentedNew contract
AED 51,000/yr12 months · AED 116 per sqft
15 Apr 2019SoldReady
AED 500,000AED 1,141 per sqft
11 May 2018RentedNew contract
AED 50,000/yr12 months · AED 113 per sqft
1 Apr 2017RentedNew contract
AED 60,000/yr12 months · AED 136 per sqft
25 Feb 2016RentedNew contract
AED 70,000/yr12 months · AED 159 per sqft
27 Jan 2014RentedNew contract
AED 58,000/yr12 months · AED 131 per sqft
28 May 2008Sold by developerReady
AED 348,029AED 794 per sqft

Source: Dubai Land Department. Updated 15 April 2023.

Key facts

Type
Studio apartment
Size
438 sqft
Floor
11th of 15
Parking
35 B1
Developer
Diamond Developers
Completed
2007
Service charge
AED 8,000 /yr
Last sold
AED 500K · April 2019

About 1117, Marina Diamond Tower 2

1117 is a studio of 438 sqft on the 11th floor of Marina Diamond Tower 2, a 15-storey tower in Dubai Marina completed in 2007 by Diamond Developers. It last sold on 15 April 2019 for AED 500,000, or AED 1,141 per sqft, 6% below the AED 1,216 studios in the building were fetching at the time.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, signed on 15 April 2023, is AED 51,000 a year: a gross yield of 10.2% on the 2019 price, before the service charge of about AED 8,000 a year.

Sales and rents for 1117 over time

Sales
Unit 1117, each saleTypical studio in Marina Diamond Tower 2
400K600K2008201320182023Typical sale price by year: 2008 AED 324,119; 2009 AED 379,328; 2010 AED 401,035; 2011 AED 336,000; 2012 AED 430,000; 2013 AED 520,000; 2014 AED 675,000; 2015 AED 682,500; 2017 AED 650,000; 2018 AED 530,000; 2019 AED 482,500; 2021 AED 390,000; 2022 AED 490,000; 2023 AED 535,000; 2024 AED 650,000; 2025 AED 700,000; 2026 AED 650,000Sold by developer, May 2008: AED 348,029 (AED 794 per sqft)Sold, April 2019: AED 500,000 (AED 1,141 per sqft)

1117 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1117, each contractTypical studio in Marina Diamond Tower 2
40K60K2012201620202024Typical rent by year: 2012 AED 41,000; 2013 AED 50,000; 2014 AED 62,000; 2015 AED 63,000; 2016 AED 60,000; 2017 AED 55,000; 2018 AED 48,000; 2019 AED 42,000; 2020 AED 31,000; 2021 AED 31,625; 2022 AED 38,000; 2023 AED 45,540; 2024 AED 55,000; 2025 AED 56,000; 2026 AED 54,000New contract, January 2014: AED 58,000 a yearNew contract, February 2016: AED 70,000 a yearNew contract, April 2017: AED 60,000 a yearNew contract, May 2018: AED 50,000 a yearNew contract, April 2023: AED 51,000 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 2, and where 1117 sits

All 87 studios →

1117 last sold in April 2019 at AED 1,141 per sqft, 6% below what studios in Marina Diamond Tower 2 were fetching at the time (AED 1,216). Over the last 12 months studios sold for AED 650,000 to 700,000, around AED 1,621 per sqft, and rent for AED 44,000 to 70,000 a year. 1117's AED 51,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
6 Oct 2026650,000
11 Mar 2026700,000
6 Jan 2026650,000
30 Jul 2025700,000
3 studio 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

1117, Marina Diamond Tower 2 in numbers

  • Sold twice: first on 28 May 2008 for AED 348,029, last on 15 April 2019 for AED 500,000 (AED 1,141 per sqft).
  • Rented since January 2014 on 5 Ejari contracts, from AED 58,000 to AED 51,000 a year.
  • At AED 51,000 a year the gross yield on the 2019 price is 10.2%, before a service charge of about AED 8,000 a year (AED 18.33 per sqft).
  • Studios in Marina Diamond Tower 2 sold for AED 650,000–700,000 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 15 April 2023.

Questions about 1117, Marina Diamond Tower 2

What did unit 1117 last sell for?

AED 500,000 on 15 April 2019: AED 1,141 per sqft for 438 sqft. The unit has 2 registered sales; the first was AED 348,029 in May 2008.

What is the rent for unit 1117?

AED 51,000 a year on the contract signed on 15 April 2023. The previous contract, from May 2018, was AED 50,000; the unit has been rented since January 2014.

How big is unit 1117?

438 sqft (40.7 sqm): a studio on the 11th floor of a 15-storey tower completed in 2007.

What is unit 1117 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 2 sold for AED 650,000 to 700,000 in the last 12 months, around AED 1,621 per sqft.

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Mortgage on 1117, Marina Diamond Tower 2

Starts from the last sale price (AED 500K, 15 April 2019). Switch to today's estimate once you have unlocked it.
Price
AED 500,000
Deposit, UAE resident (20%)
AED 100,000
Deposit, non-resident (40%)
AED 200,000
Monthly over 25 years at 3.7%
AED 2,046

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