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Studio · 438 sqftMarina Diamond Tower 2, Dubai Marina · 12th floor · completed 2007

1214, Marina Diamond Tower 2

Sold prices and rental history: sold 3 times, last in May 2017, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1214 · DLD and Ejari recordsUpdated 20 December 2020
Last soldAED 650K3 May 2017
Current rentAED 27K /yr20 December 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1214, Marina Diamond Tower 2

What is 1214 worth today?

Last sold for AED 650,000 in 2017

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20 Dec 2020RentedNew contract
AED 27,000/yr12 months · AED 61 per sqft
3 May 2017SoldReady
AED 650,000AED 1,484 per sqft
13 Jul 2016RentedNew contract
AED 55,000/yr12 months · AED 125 per sqft
23 Dec 2015RentedNew contract
AED 60,000/yr12 months · AED 136 per sqft
18 May 2014RentedNew contract
AED 60,000/yr12 months · AED 136 per sqft
17 Dec 2012SoldReady
AED 500,000AED 1,141 per sqft
28 Aug 2008Sold by developerReady
AED 504,900AED 1,152 per sqft

Source: Dubai Land Department. Updated 20 December 2020.

Key facts

Type
Studio apartment
Size
438 sqft
Floor
12th of 15
Parking
50 B1
Developer
Diamond Developers
Completed
2007
Service charge
AED 8,000 /yr
Last sold
AED 650K · May 2017
Building
Marina Diamond Tower 2

About 1214, Marina Diamond Tower 2

1214 is a studio of 438 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 3 May 2017 for AED 650,000, or AED 1,484 per sqft, in line with the AED 1,484 studios in the building were fetching at the time.

It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, signed on 20 December 2020, is AED 27,000 a year: a gross yield of 4.2% on the 2017 price, before the service charge of about AED 8,000 a year.

Sales and rents for 1214 over time

Sales
Unit 1214, 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 504,900 (AED 1,152 per sqft)Sold, December 2012: AED 500,000 (AED 1,141 per sqft)Sold, May 2017: AED 650,000 (AED 1,484 per sqft)

1214 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1214, 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, May 2014: AED 60,000 a yearNew contract, December 2015: AED 60,000 a yearNew contract, July 2016: AED 55,000 a yearNew contract, December 2020: AED 27,000 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 1214 sits

All 87 studios →

1214 last sold in May 2017 at AED 1,484 per sqft, in line with what studios in Marina Diamond Tower 2 were fetching at the time (AED 1,484). 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. 1214's AED 27,000 is at the bottom 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 12th floor

All 276 units in Marina Diamond Tower 2
Value
12012-bedAED 1.18M · Oct 2023
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
1–7 of 17

1214, Marina Diamond Tower 2 in numbers

  • Sold 3 times: first on 28 August 2008 for AED 504,900, last on 3 May 2017 for AED 650,000 (AED 1,484 per sqft).
  • Rented since May 2014 on 4 Ejari contracts, from AED 60,000 to AED 27,000 a year.
  • At AED 27,000 a year the gross yield on the 2017 price is 4.2%, 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 20 December 2020.

Questions about 1214, Marina Diamond Tower 2

What did unit 1214 last sell for?

AED 650,000 on 3 May 2017: AED 1,484 per sqft for 438 sqft. The unit has 3 registered sales; the first was AED 504,900 in August 2008.

What is the rent for unit 1214?

AED 27,000 a year on the contract signed on 20 December 2020. The previous contract, from July 2016, was AED 55,000; the unit has been rented since May 2014.

How big is unit 1214?

438 sqft (40.7 sqm): a studio on the 12th floor of a 15-storey tower completed in 2007.

What is unit 1214 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 1214, Marina Diamond Tower 2

Starts from the last sale price (AED 650K, 3 May 2017). Switch to today's estimate once you have unlocked it.
Price
AED 650,000
Deposit, UAE resident (20%)
AED 130,000
Deposit, non-resident (40%)
AED 260,000
Monthly over 25 years at 3.7%
AED 2,659

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