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

116, Marina Diamond Tower 2

Sold prices and rental history: sold once, by the developer in May 2014, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 116 · DLD and Ejari recordsUpdated 25 August 2026
Last soldAED 276K6 May 2014
Current rentAED 50K /yr25 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 116, Marina Diamond Tower 2

What is 116 worth today?

Last sold for AED 276,283 in 2014

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25 Aug 2026RentedNew contract
AED 50,000/yr12 months · AED 85 per sqft
20 Mar 2022RentedNew contract
AED 45,000/yr12 months · AED 76 per sqft
10 Aug 2021RentedNew contract
AED 50,000/yr12 months · AED 84 per sqft
25 Aug 2020RentedNew contract
AED 32,000/yr12 months · AED 54 per sqft
5 Aug 2019RentedNew contract
AED 43,000/yr12 months · AED 73 per sqft
20 Dec 2017RentedNew contract
AED 57,000/yr12 months · AED 96 per sqft
25 Feb 2017RentedNew contract
AED 70,000/yr12 months · AED 118 per sqft
6 May 2014Sold by developerReady
AED 276,283AED 469 per sqft

Source: Dubai Land Department. Updated 25 August 2026.

Key facts

Type
1-bed apartment
Size
589 sqft
Floor
1st of 15
Parking
11 B2
Developer
Diamond Developers
Completed
2007
Service charge
AED 10,800 /yr
Last sold
AED 276K · May 2014
Building
Marina Diamond Tower 2

About 116, Marina Diamond Tower 2

116 is a one-bedroom apartment of 589 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 6 May 2014 for AED 276,283, or AED 469 per sqft, 59% below the AED 1,142 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, signed on 25 August 2026, is AED 50,000 a year: a gross yield of 18.1% on the 2014 price, before the service charge of about AED 10,800 a year.

Sales and rents for 116 over time

Sales
Unit 116, each saleTypical one-bed in Marina Diamond Tower 2
500K1M2008201320182023Typical 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, May 2014: AED 276,283 (AED 469 per sqft)

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

Rents
Unit 116, 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, February 2017: AED 70,000 a yearNew contract, December 2017: AED 57,000 a yearNew contract, August 2019: AED 43,000 a yearNew contract, August 2020: AED 32,000 a yearNew contract, August 2021: AED 50,000 a yearNew contract, March 2022: AED 45,000 a yearNew contract, August 2026: 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 116 sits

All 128 1-beds →

116 last sold in May 2014 at AED 469 per sqft, 59% below what one-beds in Marina Diamond Tower 2 were fetching at the time (AED 1,142). 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. 116'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 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

116, Marina Diamond Tower 2 in numbers

  • Sold once: by Diamond Developers on 6 May 2014 for AED 276,283, or AED 469 per sqft.
  • Rented since February 2017 on 7 Ejari contracts. The rent fell from AED 70,000 to AED 32,000 in 2020 and recovered to AED 50,000 by August 2026.
  • At AED 50,000 a year the gross yield on the 2014 price is 18.1%, 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 25 August 2026.

Questions about 116, Marina Diamond Tower 2

What did unit 116 last sell for?

AED 276,283 on 6 May 2014, sold by the developer: AED 469 per sqft for 589 sqft. It is the only registered sale of the unit.

What is the rent for unit 116?

AED 50,000 a year on the contract signed on 25 August 2026. The previous contract, from March 2022, was AED 45,000; the unit has been rented since February 2017.

How big is unit 116?

589 sqft (54.7 sqm): a one-bedroom apartment on the 1st floor of a 15-storey tower completed in 2007.

What is unit 116 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 116, Marina Diamond Tower 2

Starts from the last sale price (AED 276K, 6 May 2014). Switch to today's estimate once you have unlocked it.
Price
AED 276,283
Deposit, UAE resident (20%)
AED 55,257
Deposit, non-resident (40%)
AED 110,513
Monthly over 25 years at 3.7%
AED 1,130

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