Studio · 438 sqftMarina Diamond Tower 2, Dubai Marina · 1st floor · completed 2007

114, Marina Diamond Tower 2

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

Unit 114 · DLD and Ejari recordsUpdated 5 November 2014
Last soldAED 315K10 August 2008
Current rentAED 65K /yr5 November 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 114, Marina Diamond Tower 2

What is 114 worth today?

Last sold for AED 315,159 in 2008

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5 Nov 2014RentedNew contract
AED 65,000/yr12 months · AED 147 per sqft
10 Oct 2013RentedNew contract
AED 50,000/yr12 months · AED 113 per sqft
10 Aug 2008Sold by developerReady
AED 315,159AED 719 per sqft

Source: Dubai Land Department. Updated 5 November 2014.

Key facts

Type
Studio apartment
Size
438 sqft
Floor
1st of 15
Parking
9 G.F
Developer
Diamond Developers
Completed
2007
Service charge
AED 8,000 /yr
Last sold
AED 315K · August 2008

About 114, Marina Diamond Tower 2

114 is a studio of 438 sqft on the 1st floor of Marina Diamond Tower 2, a 15-storey tower in Dubai Marina completed in 2007 by Diamond Developers. The developer sold it on 10 August 2008 for AED 315,159, or AED 719 per sqft, 6% below the AED 764 studios in the building were fetching at the time.

It has been rented since 2013 on 2 Ejari contracts. The current contract, signed on 5 November 2014, is AED 65,000 a year: a gross yield of 20.6% on the 2008 price, before the service charge of about AED 8,000 a year.

Sales and rents for 114 over time

Sales
Unit 114, 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, August 2008: AED 315,159 (AED 719 per sqft)

114 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 114, 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, October 2013: AED 50,000 a yearNew contract, November 2014: AED 65,000 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 114 sits

All 87 studios →

114 last sold in August 2008 at AED 719 per sqft, 6% below what studios in Marina Diamond Tower 2 were fetching at the time (AED 764). 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. 114's AED 65,000 is in the upper 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 1st floor

All 276 units in Marina Diamond Tower 2
Value
1012-bedAED 1.3M · Sep 2025
1021-bedAED 1.05M · Jul 2014
1032-bedAED 790K · Nov 2022
1041-bedAED 853K · Sep 2026
105StudioAED 605K · Dec 2024
1061-bedAED 754K · Feb 2022
1071-bedAED 765K · Jul 2026
1–7 of 17

114, Marina Diamond Tower 2 in numbers

  • Sold once: by Diamond Developers on 10 August 2008 for AED 315,159, or AED 719 per sqft.
  • Rented since October 2013 on 2 Ejari contracts, from AED 50,000 to AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2008 price is 20.6%, 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 5 November 2014.

Questions about 114, Marina Diamond Tower 2

What did unit 114 last sell for?

AED 315,159 on 10 August 2008, sold by the developer: AED 719 per sqft for 438 sqft. It is the only registered sale of the unit.

What is the rent for unit 114?

AED 65,000 a year on the contract signed on 5 November 2014. The previous contract, from October 2013, was AED 50,000.

How big is unit 114?

438 sqft (40.7 sqm): a studio on the 1st floor of a 15-storey tower completed in 2007.

What is unit 114 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 114, Marina Diamond Tower 2

Starts from the last sale price (AED 315K, 10 August 2008). Switch to today's estimate once you have unlocked it.
Price
AED 315,159
Deposit, UAE resident (20%)
AED 63,032
Deposit, non-resident (40%)
AED 126,064
Monthly over 25 years at 3.7%
AED 1,289

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