2-bed · 970 sqftMarina Diamond Tower 2, Dubai Marina · 12th floor · completed 2007

1201, Marina Diamond Tower 2

Sold prices and rental history: sold 3 times, last in October 2023, and rented continuously since 2011. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1201 · DLD and Ejari recordsUpdated 1 December 2024
Last soldAED 1.18M20 October 2023
Current rentAED 130K /yr1 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1201, Marina Diamond Tower 2

What is 1201 worth today?

Last sold for AED 1,175,000 in 2023

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1 Dec 2024RentedNew contract
AED 130,000/yr12 months · AED 134 per sqft
1 Dec 2024RentedNew contract
AED 130,000/yr12 months · AED 134 per sqft
20 Oct 2023SoldReady
AED 1,175,000AED 1,211 per sqft
24 May 2021SoldReady
AED 765,000AED 788 per sqft
1 Mar 2020RentedRenewal
AED 65,000/yr12 months · AED 67 per sqft
1 Mar 2019RentedRenewal
AED 70,000/yr12 months · AED 72 per sqft
1 Mar 2018RentedNew contract
AED 75,000/yr12 months · AED 77 per sqft
23 Nov 2016RentedNew contract
AED 80,000/yr12 months · AED 82 per sqft

Source: Dubai Land Department. Updated 1 December 2024.

Key facts

Type
2-bed apartment
Size
970 sqft
Floor
12th of 15
Parking
37 B1
Developer
Diamond Developers
Completed
2007
Service charge
AED 17,800 /yr
Last sold
AED 1.18M · October 2023

About 1201, Marina Diamond Tower 2

1201 is a two-bedroom apartment of 970 sqft on the 12th floor of Marina Diamond Tower 2, a 15-storey tower in Dubai Marina completed in 2007 by Diamond Developers. It last sold on 20 October 2023 for AED 1,175,000, or AED 1,211 per sqft, 30% above the AED 934 two-beds in the building were fetching at the time.

It has been rented continuously since 2011 on 9 Ejari contracts. The current contract, signed on 1 December 2024, is AED 130,000 a year: a gross yield of 11.1% on the 2023 price, before the service charge of about AED 17,800 a year.

Sales and rents for 1201 over time

Sales
Unit 1201, each saleTypical two-bed in Marina Diamond Tower 2
500K1M2008201320182023Typical sale price by year: 2008 AED 610,457; 2009 AED 614,905; 2010 AED 722,500; 2011 AED 644,236; 2012 AED 670,000; 2013 AED 920,000; 2014 AED 1,250,000; 2015 AED 1,030,000; 2016 AED 962,500; 2017 AED 1,062,500; 2018 AED 850,000; 2019 AED 760,000; 2021 AED 750,000; 2023 AED 925,000; 2024 AED 1,075,000; 2025 AED 1,250,000Sold by developer, October 2008: AED 628,360 (AED 647 per sqft)Sold, May 2021: AED 765,000 (AED 788 per sqft)Sold, October 2023: AED 1,175,000 (AED 1,211 per sqft)

1201 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1201, each contractTypical two-bed in Marina Diamond Tower 2
50K100K20112015201920232027Typical rent by year: 2011 AED 70,000; 2012 AED 65,000; 2013 AED 70,000; 2014 AED 90,000; 2015 AED 100,000; 2016 AED 90,000; 2017 AED 90,000; 2018 AED 75,500; 2019 AED 65,000; 2020 AED 58,000; 2021 AED 52,000; 2022 AED 66,800; 2023 AED 80,000; 2024 AED 95,000; 2025 AED 100,000; 2026 AED 93,500New contract, August 2011: AED 70,000 a yearNew contract, June 2014: AED 100,000 a yearRenewal, June 2015: AED 105,000 a yearNew contract, November 2016: AED 80,000 a yearNew contract, March 2018: AED 75,000 a yearRenewal, March 2019: AED 70,000 a yearRenewal, March 2020: AED 65,000 a yearNew contract, December 2024: AED 130,000 a yearNew contract, December 2024: AED 130,000 a year

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

2-beds in Marina Diamond Tower 2, and where 1201 sits

All 60 2-beds →

1201 last sold in October 2023 at AED 1,211 per sqft, 30% above what two-beds in Marina Diamond Tower 2 were fetching at the time (AED 934). 1201's AED 130,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
16 Oct 20251,330,000
18 Sep 20251,100,000
9 Sep 20251,257,068
3 Sep 20251,295,527
0 2-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 12th floor

All 276 units in Marina Diamond Tower 2
Value
1202StudioAED 325K · May 2012
12032-bedAED 626K · May 2008
12041-bedAED 468K · Jan 2014
1205StudioAED 465K · Dec 2008
12061-bedAED 900K · Aug 2025
12071-bedAED 428K · Nov 2008
1208StudioAED 245K · Apr 2025
1–7 of 17

1201, Marina Diamond Tower 2 in numbers

  • Sold 3 times: first on 7 October 2008 for AED 628,360, last on 20 October 2023 for AED 1,175,000 (AED 1,211 per sqft).
  • Rented since August 2011 on 9 Ejari contracts, from AED 70,000 to AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2023 price is 11.1%, before a service charge of about AED 17,800 a year (AED 18.33 per sqft).

Source: Dubai Land Department. Updated 1 December 2024.

Questions about 1201, Marina Diamond Tower 2

What did unit 1201 last sell for?

AED 1,175,000 on 20 October 2023: AED 1,211 per sqft for 970 sqft. The unit has 3 registered sales; the first was AED 628,360 in October 2008.

What is the rent for unit 1201?

AED 130,000 a year on the contract signed on 1 December 2024. The previous contract, from December 2024, was AED 130,000; the unit has been rented since August 2011.

How big is unit 1201?

970 sqft (90.1 sqm): a two-bedroom apartment on the 12th floor of a 15-storey tower completed in 2007.

What is unit 1201 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 1201, Marina Diamond Tower 2

Starts from the last sale price (AED 1.18M, 20 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,175,000
Deposit, UAE resident (20%)
AED 235,000
Deposit, non-resident (40%)
AED 470,000
Monthly over 25 years at 3.7%
AED 4,807

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