Studio · 401 sqftMarina Diamond Tower 2, Dubai Marina · 13th floor · completed 2007

1311, Marina Diamond Tower 2

Sold prices and rental history: sold twice, last in February 2012, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1311 · DLD and Ejari recordsUpdated 2 April 2024
Last soldAED 400K15 February 2012
Current rentAED 45K /yr2 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1311, Marina Diamond Tower 2

What is 1311 worth today?

Last sold for AED 400,000 in 2012

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2 Apr 2024RentedNew contract
AED 44,928/yr12 months · AED 113 per sqft
2 Apr 2024RentedNew contract
AED 44,928/yr12 months · AED 113 per sqft
2 Apr 2021RentedNew contract
AED 26,000/yr12 months · AED 65 per sqft
5 Jan 2020RentedNew contract
AED 38,000/yr12 months · AED 95 per sqft
16 May 2018RentedNew contract
AED 45,000/yr12 months · AED 113 per sqft
20 Jan 2017RentedNew contract
AED 55,000/yr12 months · AED 138 per sqft
20 May 2016RentedNew contract
AED 55,000/yr12 months · AED 138 per sqft
1 Aug 2015RentedNew contract
AED 58,000/yr12 months · AED 146 per sqft

Source: Dubai Land Department. Updated 2 April 2024.

Key facts

Type
Studio apartment
Size
401 sqft
Floor
13th of 15
Parking
65 B1
Developer
Diamond Developers
Completed
2007
Service charge
AED 7,300 /yr
Last sold
AED 400K · February 2012

About 1311, Marina Diamond Tower 2

1311 is a studio of 401 sqft on the 13th floor of Marina Diamond Tower 2, a 15-storey tower in Dubai Marina completed in 2007 by Diamond Developers. It last sold on 15 February 2012 for AED 400,000, or AED 997 per sqft, 30% above the AED 767 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, signed on 2 April 2024, is AED 44,928 a year: a gross yield of 11.2% on the 2012 price, before the service charge of about AED 7,300 a year.

Sales and rents for 1311 over time

Sales
Unit 1311, 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 326,220 (AED 813 per sqft)Sold, February 2012: AED 400,000 (AED 997 per sqft)

1311 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1311, each contractTypical studio in Marina Diamond Tower 2
20K40K60K2012201620202024Typical 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, August 2015: AED 58,000 a yearNew contract, May 2016: AED 55,000 a yearNew contract, January 2017: AED 55,000 a yearNew contract, May 2018: AED 45,000 a yearNew contract, January 2020: AED 38,000 a yearNew contract, April 2021: AED 26,000 a yearNew contract, April 2024: AED 44,928 a yearNew contract, April 2024: AED 44,928 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 1311 sits

All 87 studios →

1311 last sold in February 2012 at AED 997 per sqft, 30% above what studios in Marina Diamond Tower 2 were fetching at the time (AED 767). 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. 1311's AED 44,928 is in the lower half 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 13th floor

All 276 units in Marina Diamond Tower 2
Value
13012-bedAED 975K · Apr 2023
1302StudioAED 655K · Apr 2024
13032-bedAED 670K · May 2012
13041-bedAED 471K · Mar 2010
1305StudioAED 315K · Oct 2013
13061-bedAED 685K · Apr 2024
13071-bedAED 715K · Feb 2017
1–7 of 17

1311, Marina Diamond Tower 2 in numbers

  • Sold twice: first on 10 August 2008 for AED 326,220, last on 15 February 2012 for AED 400,000 (AED 997 per sqft).
  • Rented since August 2015 on 8 Ejari contracts. The rent fell from AED 58,000 to AED 26,000 in 2021 and recovered to AED 44,928 by April 2024.
  • At AED 44,928 a year the gross yield on the 2012 price is 11.2%, 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 2 April 2024.

Questions about 1311, Marina Diamond Tower 2

What did unit 1311 last sell for?

AED 400,000 on 15 February 2012: AED 997 per sqft for 401 sqft. The unit has 2 registered sales; the first was AED 326,220 in August 2008.

What is the rent for unit 1311?

AED 44,928 a year on the contract signed on 2 April 2024. The previous contract, from April 2024, was AED 44,928; the unit has been rented since August 2015.

How big is unit 1311?

401 sqft (37.3 sqm): a studio on the 13th floor of a 15-storey tower completed in 2007.

What is unit 1311 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 1311, Marina Diamond Tower 2

Starts from the last sale price (AED 400K, 15 February 2012). Switch to today's estimate once you have unlocked it.
Price
AED 400,000
Deposit, UAE resident (20%)
AED 80,000
Deposit, non-resident (40%)
AED 160,000
Monthly over 25 years at 3.7%
AED 1,637

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