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1-bed · 666 sqftMarina Diamond Tower 2, Dubai Marina · 1st floor · completed 2007

118, Marina Diamond Tower 2

Sold prices and rental history: sold 3 times, last in October 2022, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 118 · DLD and Ejari recordsUpdated 26 October 2022
Last soldAED 637K26 October 2022
Current rentAED 50K /yr1 March 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 118, Marina Diamond Tower 2

What is 118 worth today?

Last sold for AED 637,000 in 2022

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26 Oct 2022SoldReady
AED 637,000AED 956 per sqft
1 Mar 2020RentedNew contract
AED 50,000/yr13 months · AED 75 per sqft
22 Aug 2014RentedNew contract
AED 80,500/yr12 months · AED 121 per sqft
22 Aug 2013RentedNew contract
AED 70,000/yr12 months · AED 105 per sqft
15 Aug 2013SoldReady
AED 760,000AED 1,141 per sqft
17 Mar 2010Sold by developerReady
AED 409,140AED 614 per sqft

Source: Dubai Land Department. Updated 26 October 2022.

Key facts

Type
1-bed apartment
Size
666 sqft
Floor
1st of 15
Parking
12 B2
Developer
Diamond Developers
Completed
2007
Service charge
AED 12,200 /yr
Last sold
AED 637K · October 2022
Building
Marina Diamond Tower 2

About 118, Marina Diamond Tower 2

118 is a one-bedroom apartment of 666 sqft on the 1st floor of Marina Diamond Tower 2, a 15-storey tower in Dubai Marina completed in 2007 by Diamond Developers. It last sold on 26 October 2022 for AED 637,000, or AED 956 per sqft, 10% above the AED 867 one-beds in the building were fetching at the time.

It has been rented since 2013 on 3 Ejari contracts. The current contract, signed on 1 March 2020, is AED 50,000 a year: a gross yield of 7.8% on the 2022 price, before the service charge of about AED 12,200 a year.

Sales and rents for 118 over time

Sales
Unit 118, 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, March 2010: AED 409,140 (AED 614 per sqft)Sold, August 2013: AED 760,000 (AED 1,141 per sqft)Sold, October 2022: AED 637,000 (AED 956 per sqft)

118 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 118, 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, August 2013: AED 70,000 a yearNew contract, August 2014: AED 80,500 a yearNew contract, March 2020: 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 118 sits

All 128 1-beds →

118 last sold in October 2022 at AED 956 per sqft, 10% above what one-beds in Marina Diamond Tower 2 were fetching at the time (AED 867). 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. 118'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

118, Marina Diamond Tower 2 in numbers

  • Sold 3 times: first on 17 March 2010 for AED 409,140, last on 26 October 2022 for AED 637,000 (AED 956 per sqft).
  • Rented since August 2013 on 3 Ejari contracts, from AED 70,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2022 price is 7.8%, before a service charge of about AED 12,200 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 26 October 2022.

Questions about 118, Marina Diamond Tower 2

What did unit 118 last sell for?

AED 637,000 on 26 October 2022: AED 956 per sqft for 666 sqft. The unit has 3 registered sales; the first was AED 409,140 in March 2010.

What is the rent for unit 118?

AED 50,000 a year on the contract signed on 1 March 2020. The previous contract, from August 2014, was AED 80,500; the unit has been rented since August 2013.

How big is unit 118?

666 sqft (61.9 sqm): a one-bedroom apartment on the 1st floor of a 15-storey tower completed in 2007.

What is unit 118 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 118, Marina Diamond Tower 2

Starts from the last sale price (AED 637K, 26 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 637,000
Deposit, UAE resident (20%)
AED 127,400
Deposit, non-resident (40%)
AED 254,800
Monthly over 25 years at 3.7%
AED 2,606

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