1202, Marina Diamond Tower 2
Sold prices and rental history: sold twice, last in May 2012, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1202, Marina Diamond Tower 2
What is 1202 worth today?
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Source: Dubai Land Department. Updated 15 November 2021.
Key facts
- Type
- Studio apartment
- Size
- 401 sqft
- Floor
- 12th of 15
- Parking
- 38 B1
- Developer
- Diamond Developers
- Completed
- 2007
- Service charge
- AED 7,300 /yr
- Last sold
- AED 325K · May 2012
- Building
- Marina Diamond Tower 2
About 1202, Marina Diamond Tower 2
1202 is a studio of 401 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 7 May 2012 for AED 325,000, or AED 810 per sqft, 7% below the AED 867 studios in the building were fetching at the time.
It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, signed on 15 November 2021, is AED 35,000 a year: a gross yield of 10.8% on the 2012 price, before the service charge of about AED 7,300 a year.
Sales and rents for 1202 over time
1202 has sold twice; the dashed line is the studio median of each year in the building.
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 1202 sits
All 87 studios →1202 last sold in May 2012 at AED 810 per sqft, 7% below what studios in Marina Diamond Tower 2 were fetching at the time (AED 867). 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. 1202's AED 35,000 is at the bottom of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 6 Oct 20266 October 2026 | 418 sqft | 650,000 | 1,555 | ||
| 11 Mar 202611 March 2026 | 418 sqft | 700,000 | 1,674 | ||
| 6 Jan 20266 January 2026 | 401 sqft | 650,000 | 1,621 | ||
| 30 Jul 202530 July 2025 | 401 sqft | 700,000 | 1,745 |
Marina Diamond Tower 2
Building276 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%
Other units on the 12th floor
All 276 units in Marina Diamond Tower 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | 2-bed | 970 sqft | AED 1.18MAED 1,175,000 · Oct 2023October 2023 | 130,000 /yr | |
| 1203 | 2-bed | 968 sqft | AED 626KAED 625,740 · May 2008May 2008 | 90,000 /yr | |
| 1204 | 1-bed | 681 sqft | AED 468KAED 468,344 · Jan 2014January 2014 | 62,000 /yr | |
| 1205 | Studio | 418 sqft | AED 465KAED 465,000 · Dec 2008December 2008 | 42,500 /yr | |
| 1206 | 1-bed | 572 sqft | AED 900KAED 900,000 · Aug 2025August 2025 | 50,000 /yr | |
| 1207 | 1-bed | 572 sqft | AED 428KAED 428,447 · Nov 2008November 2008 | 64,000 /yr | |
| 1208 | Studio | 209 sqft | AED 245KAED 245,000 · Apr 2025April 2025 | 55,000 /yr | |
| 1209 | 1-bed | 647 sqft | AED 600KAED 600,000 · Oct 2012October 2012 | 70,000 /yr | |
| 1210 | 2-bed | 970 sqft | AED 665KAED 664,600 · Nov 2012November 2012 | 89,000 /yr | |
| 1211 | Studio | 401 sqft | AED 470KAED 470,000 · Apr 2009April 2009 | 52,000 /yr | |
| 1212 | 2-bed | 970 sqft | AED 609KAED 608,569 · Jul 2008July 2008 | 90,000 /yr | |
| 1213 | 1-bed | 666 sqft | AED 474KAED 474,211 · May 2008May 2008 | 75,000 /yr | |
| 1214 | Studio | 438 sqft | AED 650KAED 650,000 · May 2017May 2017 | 27,000 /yr | |
| 1215 | 1-bed | 589 sqft | AED 500KAED 500,000 · Apr 2010April 2010 | 62,000 /yr | |
| 1216 | 1-bed | 589 sqft | AED 835KAED 835,000 · Nov 2024November 2024 | 75,000 /yr | |
| 1217 | Studio | 438 sqft | AED 700KAED 700,000 · Sep 2024September 2024 | 48,000 /yr | |
| 1218 | 1-bed | 666 sqft | AED 750KAED 750,000 · May 2024May 2024 | 88,000 /yr |
1202, Marina Diamond Tower 2 in numbers
- Sold twice: first on 19 April 2012 for AED 460,000, last on 7 May 2012 for AED 325,000 (AED 810 per sqft).
- Rented since November 2016 on 6 Ejari contracts, from AED 60,000 to AED 35,000 a year.
- At AED 35,000 a year the gross yield on the 2012 price is 10.8%, before a service charge of about AED 7,300 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 November 2021.
Questions about 1202, Marina Diamond Tower 2
What did unit 1202 last sell for?
AED 325,000 on 7 May 2012: AED 810 per sqft for 401 sqft. The unit has 2 registered sales; the first was AED 460,000 in April 2012.
What is the rent for unit 1202?
AED 35,000 a year on the contract signed on 15 November 2021. The previous contract, from November 2020, was AED 32,000; the unit has been rented since November 2016.
How big is unit 1202?
401 sqft (37.3 sqm): a studio on the 12th floor of a 15-storey tower completed in 2007.
What is unit 1202 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 1202, Marina Diamond Tower 2
Starts from the last sale price (AED 325K, 7 May 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 325,000
- Deposit, UAE resident (20%)
- AED 65,000
- Deposit, non-resident (40%)
- AED 130,000
- Monthly over 25 years at 3.7%
- AED 1,330
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →