Studio · 401 sqftMarina Diamond Tower 2, Dubai Marina · 14th floor · completed 2007

1402, Marina Diamond Tower 2

Sold prices and rental history: sold twice, last in February 2021, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 1402 · DLD and Ejari recordsUpdated 20 September 2021

Last soldAED 340K11 February 2021

Current rentAED 59K /yr20 September 2021

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 1402, Marina Diamond Tower 2

Today

What is 1402 worth today?

Last sold for AED 340,000 in 2021

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20 Sep 2021

20 Sep 2021RentedNew contract

AED 59,000/yr12 months · AED 148 per sqft

11 Feb 2021

11 Feb 2021SoldReady

AED 340,000AED 847 per sqft

1 Dec 2015

1 Dec 2015RentedRenewal

AED 53,000/yr12 months · AED 133 per sqft

1 Dec 2014

1 Dec 2014RentedNew contract

AED 49,450/yr12 months · AED 124 per sqft

1 Dec 2012

1 Dec 2012RentedNew contract

AED 43,000/yr12 months · AED 108 per sqft

1 Jul 2008

1 Jul 2008Sold by developerReady

AED 344,500AED 859 per sqft

Source: Dubai Land Department. Updated 20 September 2021.

Key facts

Type: Studio apartment
Size: 401 sqft
Floor: 14th of 15
Parking: 74 B1
Developer: Diamond Developers
Completed: 2007
Service charge: AED 7,300 /yr
Last sold: AED 340K · February 2021
Building: Marina Diamond Tower 2

About 1402, Marina Diamond Tower 2

1402 is a studio of 401 sqft on the 14th floor of Marina Diamond Tower 2, a 15-storey tower in Dubai Marina completed in 2007 by Diamond Developers. It last sold on 11 February 2021 for AED 340,000, or AED 847 per sqft, in line with the AED 847 studios in the building were fetching at the time.

It has been rented continuously since 2012 on 4 Ejari contracts. The current contract, signed on 20 September 2021, is AED 59,000 a year: a gross yield of 17.3% on the 2021 price, before the service charge of about AED 7,300 a year.

Sales and rents for 1402 over time

Sales

Unit 1402, each saleTypical studio in Marina Diamond Tower 2

1402 has sold twice; the dashed line is the studio median of each year in the building.

Rents

Unit 1402, each contractTypical studio in Marina Diamond Tower 2

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 1402 sits

All 87 studios →

Studios in Marina Diamond Tower 2 · last 12 months1,621 /sqft Marina Diamond Tower 2 · all types1,553 /sqft

1402 last sold in February 2021 at AED 847 per sqft, in line with what studios in Marina Diamond Tower 2 were fetching at the time (AED 847). 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. 1402's AED 59,000 is in the upper half of that range.

Recent studio sales	Size	Price (AED)	Per sqft
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

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 14th floor

All 276 units in Marina Diamond Tower 2


1401	2-bed	970 sqft	AED 1.78MAED 1,776,748 · Sep 2008September 2008	140,000 /yr
1403	2-bed	968 sqft	AED 930KAED 930,000 · Jun 2018June 2018	82,500 /yr
1404	1-bed	681 sqft	AED 1.5MAED 1,500,000 · Jun 2025June 2025	70,000 /yr
1405	Studio	418 sqft	AED 780KAED 780,000 · Jul 2014July 2014	50,000 /yr
1406	1-bed	572 sqft	AED 480KAED 480,000 · Aug 2021August 2021	58,000 /yr
1407	1-bed	572 sqft	AED 750KAED 750,000 · Aug 2026August 2026	42,000 /yr
1408	Studio	418 sqft	AED 700KAED 700,000 · Mar 2026March 2026	56,000 /yr
1409	1-bed	647 sqft	AED 495KAED 495,000 · Jan 2022January 2022	15,000 /yr
1410	2-bed	970 sqft	AED 618KAED 618,471 · Oct 2011October 2011	100,000 /yr
1411	Studio	401 sqft	AED 310KAED 310,000 · Jun 2008June 2008
1412	2-bed	970 sqft	AED 1.05MAED 1,050,000 · Jul 2024July 2024	100,000 /yr
1413	1-bed	666 sqft	AED 520KAED 520,000 · Jun 2021June 2021	40,000 /yr
1414	Studio	438 sqft	AED 515KAED 515,000 · Sep 2012September 2012	50,000 /yr
1415	1-bed	589 sqft	AED 400KAED 400,000 · Aug 2016August 2016	70,000 /yr
1416	1-bed	589 sqft	AED 565KAED 565,000 · Jan 2010January 2010	42,000 /yr
1417	Studio	438 sqft	AED 356KAED 356,000 · Nov 2014November 2014	55,000 /yr
1418	1-bed	666 sqft	AED 491KAED 491,450 · Aug 2008August 2008	65,000 /yr

1–7 of 17

1402, Marina Diamond Tower 2 in numbers

Sold twice: first on 1 July 2008 for AED 344,500, last on 11 February 2021 for AED 340,000 (AED 847 per sqft).
Rented since December 2012 on 4 Ejari contracts, from AED 43,000 to AED 59,000 a year.
At AED 59,000 a year the gross yield on the 2021 price is 17.3%, 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 20 September 2021.

Questions about 1402, Marina Diamond Tower 2

What did unit 1402 last sell for?

AED 340,000 on 11 February 2021: AED 847 per sqft for 401 sqft. The unit has 2 registered sales; the first was AED 344,500 in July 2008.

What is the rent for unit 1402?

AED 59,000 a year on the contract signed on 20 September 2021. The previous contract, from December 2015, was AED 53,000; the unit has been rented since December 2012.

How big is unit 1402?

401 sqft (37.3 sqm): a studio on the 14th floor of a 15-storey tower completed in 2007.

What is unit 1402 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 1402, Marina Diamond Tower 2

Starts from the last sale price (AED 340K, 11 February 2021). Switch to today's estimate once you have unlocked it.

Price: AED 340,000
Deposit, UAE resident (20%): AED 68,000
Deposit, non-resident (40%): AED 136,000
Monthly over 25 years at 3.7%: AED 1,391

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