Studio · 438 sqftMarina Diamond Tower 2, Dubai Marina · 15th floor · completed 2007

1514, Marina Diamond Tower 2

Sold prices and rental history: sold twice, last in February 2017, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1514 · DLD and Ejari recordsUpdated 1 June 2025
Last soldAED 450K27 February 2017
Current rentAED 55K /yr1 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1514, Marina Diamond Tower 2

What is 1514 worth today?

Last sold for AED 450,000 in 2017

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1 Jun 2025RentedRenewal
AED 55,000/yr12 months · AED 125 per sqft
1 Jun 2024RentedNew contract
AED 55,000/yr12 months · AED 125 per sqft
31 Mar 2023RentedNew contract
AED 48,000/yr12 months · AED 109 per sqft
1 Jan 2020RentedNew contract
AED 38,000/yr12 months · AED 86 per sqft
27 Feb 2017SoldReady
AED 450,000AED 1,027 per sqft
1 Oct 2013RentedNew contract
AED 55,000/yr12 months · AED 125 per sqft
18 Aug 2008Sold by developerReady
AED 358,656AED 818 per sqft

Source: Dubai Land Department. Updated 1 June 2025.

Key facts

Type
Studio apartment
Size
438 sqft
Floor
15th of 15
Parking
38 B2
Developer
Diamond Developers
Completed
2007
Service charge
AED 8,000 /yr
Last sold
AED 450K · February 2017

About 1514, Marina Diamond Tower 2

1514 is a studio of 438 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 27 February 2017 for AED 450,000, or AED 1,027 per sqft, 33% below the AED 1,543 studios in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, renewed on 1 June 2025, is AED 55,000 a year: a gross yield of 12.2% on the 2017 price, before the service charge of about AED 8,000 a year.

Sales and rents for 1514 over time

Sales
Unit 1514, 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 358,656 (AED 818 per sqft)Sold, February 2017: AED 450,000 (AED 1,027 per sqft)

1514 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1514, 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, October 2013: AED 55,000 a yearNew contract, January 2020: AED 38,000 a yearNew contract, March 2023: AED 48,000 a yearNew contract, June 2024: AED 55,000 a yearRenewal, June 2025: AED 55,000 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 1514 sits

All 87 studios →

1514 last sold in February 2017 at AED 1,027 per sqft, 33% below what studios in Marina Diamond Tower 2 were fetching at the time (AED 1,543). 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. 1514's AED 55,000 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 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

1514, Marina Diamond Tower 2 in numbers

  • Sold twice: first on 18 August 2008 for AED 358,656, last on 27 February 2017 for AED 450,000 (AED 1,027 per sqft).
  • Rented since October 2013 on 5 Ejari contracts. The rent fell from AED 55,000 to AED 38,000 in 2020 and recovered to AED 55,000 by June 2025.
  • At AED 55,000 a year the gross yield on the 2017 price is 12.2%, 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 1 June 2025.

Questions about 1514, Marina Diamond Tower 2

What did unit 1514 last sell for?

AED 450,000 on 27 February 2017: AED 1,027 per sqft for 438 sqft. The unit has 2 registered sales; the first was AED 358,656 in August 2008.

What is the rent for unit 1514?

AED 55,000 a year on the contract renewed on 1 June 2025. The previous contract, from June 2024, was AED 55,000; the unit has been rented since October 2013.

How big is unit 1514?

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

What is unit 1514 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 1514, Marina Diamond Tower 2

Starts from the last sale price (AED 450K, 27 February 2017). Switch to today's estimate once you have unlocked it.
Price
AED 450,000
Deposit, UAE resident (20%)
AED 90,000
Deposit, non-resident (40%)
AED 180,000
Monthly over 25 years at 3.7%
AED 1,841

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