1-bed · 647 sqftMarina Diamond Tower 2, Dubai Marina · 15th floor · completed 2007

1509, Marina Diamond Tower 2

Sold prices and rental history: sold twice, last in April 2014, and rented once, from February 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1509 · DLD and Ejari recordsUpdated 29 April 2014
Last soldAED 900K29 April 2014
Current rentAED 50K /yr26 February 2012
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1509, Marina Diamond Tower 2

What is 1509 worth today?

Last sold for AED 900,000 in 2014

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29 Apr 2014SoldReady
AED 900,000AED 1,390 per sqft
1 Apr 2013Sold by developerReady
AED 454,841AED 702 per sqft
26 Feb 2012RentedNew contract
AED 50,000/yr12 months · AED 77 per sqft

Source: Dubai Land Department. Updated 29 April 2014.

Key facts

Type
1-bed apartment
Size
647 sqft
Floor
15th of 15
Parking
99 B1
Developer
Diamond Developers
Completed
2007
Service charge
AED 11,900 /yr
Last sold
AED 900K · April 2014

About 1509, Marina Diamond Tower 2

1509 is a one-bedroom apartment of 647 sqft on the 15th floor of Marina Diamond Tower 2, a 15-storey tower in Dubai Marina completed in 2007 by Diamond Developers. It last sold on 29 April 2014 for AED 900,000, or AED 1,390 per sqft, 22% above the AED 1,142 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 26 February 2012. The current contract, signed on 26 February 2012, is AED 50,000 a year: a gross yield of 5.6% on the 2014 price, before the service charge of about AED 11,900 a year.

Sales and rents for 1509 over time

Sales
Unit 1509, each saleTypical one-bed in Marina Diamond Tower 2
500K750K2008201320182023Typical sale price by year: 2008 AED 438,392; 2009 AED 444,574; 2010 AED 475,000; 2011 AED 525,000; 2012 AED 460,500; 2013 AED 670,000; 2014 AED 797,500; 2015 AED 770,000; 2016 AED 775,000; 2017 AED 785,000; 2018 AED 720,000; 2019 AED 500,000; 2020 AED 437,500; 2021 AED 510,000; 2022 AED 590,000; 2023 AED 705,000; 2024 AED 830,000; 2025 AED 900,000; 2026 AED 900,000Sold by developer, April 2013: AED 454,841 (AED 702 per sqft)Sold, April 2014: AED 900,000 (AED 1,390 per sqft)

1509 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1509, each contractTypical one-bed in Marina Diamond Tower 2
40K60K80K2012201620202024Typical rent by year: 2012 AED 52,000; 2013 AED 60,000; 2014 AED 72,000; 2015 AED 75,000; 2016 AED 74,940; 2017 AED 68,000; 2018 AED 60,000; 2019 AED 50,000; 2020 AED 41,000; 2021 AED 40,000; 2022 AED 45,000; 2023 AED 58,000; 2024 AED 70,000; 2025 AED 66,000; 2026 AED 64,000New contract, February 2012: AED 50,000 a year

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

1-beds in Marina Diamond Tower 2, and where 1509 sits

All 128 1-beds →

1509 last sold in April 2014 at AED 1,390 per sqft, 22% above what one-beds in Marina Diamond Tower 2 were fetching at the time (AED 1,142). Over the last 12 months one-beds sold for AED 750,000 to 1,100,000, around AED 1,372 per sqft, and rent for AED 50,000 to 116,500 a year. 1509's AED 50,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
22 Oct 2026774,230
21 Sep 2026853,000
21 Aug 2026750,000
13 Jul 2026765,000
10 1-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 15th floor

All 276 units in Marina Diamond Tower 2
Value
15012-bedAED 980K · Jul 2023
1502StudioAED 580K · Apr 2023
15032-bedAED 760K · Mar 2019
15041-bedAED 455K · Oct 2008
1505StudioAED 500K · Jul 2022
15061-bedAED 565K · Nov 2022
15071-bedAED 770K · Sep 2024
1–7 of 17

1509, Marina Diamond Tower 2 in numbers

  • Sold twice: first on 1 April 2013 for AED 454,841, last on 29 April 2014 for AED 900,000 (AED 1,390 per sqft).
  • Rented since February 2012 on one Ejari contract, at AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2014 price is 5.6%, before a service charge of about AED 11,900 a year (AED 18.33 per sqft).
  • One-beds in Marina Diamond Tower 2 sold for AED 750,000–1,100,000 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 29 April 2014.

Questions about 1509, Marina Diamond Tower 2

What did unit 1509 last sell for?

AED 900,000 on 29 April 2014: AED 1,390 per sqft for 647 sqft. The unit has 2 registered sales; the first was AED 454,841 in April 2013.

What is the rent for unit 1509?

AED 50,000 a year on the contract signed on 26 February 2012.

How big is unit 1509?

647 sqft (60.1 sqm): a one-bedroom apartment on the 15th floor of a 15-storey tower completed in 2007.

What is unit 1509 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Marina Diamond Tower 2 sold for AED 750,000 to 1,100,000 in the last 12 months, around AED 1,372 per sqft.

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Mortgage on 1509, Marina Diamond Tower 2

Starts from the last sale price (AED 900K, 29 April 2014). Switch to today's estimate once you have unlocked it.
Price
AED 900,000
Deposit, UAE resident (20%)
AED 180,000
Deposit, non-resident (40%)
AED 360,000
Monthly over 25 years at 3.7%
AED 3,682

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