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

1517, Marina Diamond Tower 2

Sold prices and rental history: sold twice, last in March 2009, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1517 · DLD and Ejari recordsUpdated 18 October 2025
Last soldAED 600K12 March 2009
Current rentAED 60K /yr18 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1517, Marina Diamond Tower 2

What is 1517 worth today?

Last sold for AED 600,000 in 2009

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18 Oct 2025RentedNew contract
AED 60,000/yr12 months · AED 137 per sqft
20 Feb 2025RentedRenewal
AED 52,877/yr12 months · AED 121 per sqft
20 Feb 2025RentedRenewal
AED 52,877/yr12 months · AED 121 per sqft
20 Feb 2024RentedRenewal
AED 45,980/yr12 months · AED 105 per sqft
20 Feb 2024RentedRenewal
AED 45,980/yr12 months · AED 105 per sqft
20 Feb 2023RentedRenewal
AED 41,800/yr12 months · AED 95 per sqft
20 Feb 2022RentedNew contract
AED 38,000/yr12 months · AED 87 per sqft
6 Feb 2021RentedNew contract
AED 30,000/yr12 months · AED 68 per sqft

Source: Dubai Land Department. Updated 18 October 2025.

Key facts

Type
Studio apartment
Size
438 sqft
Floor
15th of 15
Parking
107 B1
Developer
Diamond Developers
Completed
2007
Service charge
AED 8,000 /yr
Last sold
AED 600K · March 2009

About 1517, Marina Diamond Tower 2

1517 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 12 March 2009 for AED 600,000, or AED 1,369 per sqft, 77% above the AED 773 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 14 Ejari contracts. The current contract, signed on 18 October 2025, is AED 60,000 a year: a gross yield of 10.0% on the 2009 price, before the service charge of about AED 8,000 a year.

Sales and rents for 1517 over time

Sales
Unit 1517, 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, March 2009: AED 600,000 (AED 1,369 per sqft)Sold by developer, March 2009: AED 358,656 (AED 818 per sqft)

1517 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1517, 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, March 2015: AED 65,000 a yearNew contract, April 2016: AED 60,000 a yearRenewal, April 2017: AED 60,000 a yearNew contract, December 2017: AED 52,000 a yearNew contract, January 2019: AED 41,000 a yearNew contract, January 2020: AED 40,000 a yearNew contract, February 2021: AED 30,000 a yearNew contract, February 2022: AED 38,000 a yearRenewal, February 2023: AED 41,800 a yearRenewal, February 2024: AED 45,980 a yearRenewal, February 2024: AED 45,980 a yearRenewal, February 2025: AED 52,877 a yearRenewal, February 2025: AED 52,877 a yearNew contract, October 2025: AED 60,000 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 1517 sits

All 87 studios →

1517 last sold in March 2009 at AED 1,369 per sqft, 77% above what studios in Marina Diamond Tower 2 were fetching at the time (AED 773). 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. 1517's AED 60,000 is in the upper 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

1517, Marina Diamond Tower 2 in numbers

  • Sold twice: first on 5 March 2009 for AED 358,656, last on 12 March 2009 for AED 600,000 (AED 1,369 per sqft).
  • Rented since March 2015 on 14 Ejari contracts. The rent fell from AED 65,000 to AED 30,000 in 2021 and recovered to AED 60,000 by October 2025.
  • At AED 60,000 a year the gross yield on the 2009 price is 10.0%, 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 18 October 2025.

Questions about 1517, Marina Diamond Tower 2

What did unit 1517 last sell for?

AED 600,000 on 12 March 2009: AED 1,369 per sqft for 438 sqft. The unit has 2 registered sales; the first was AED 358,656 in March 2009.

What is the rent for unit 1517?

AED 60,000 a year on the contract signed on 18 October 2025. The previous contract, from February 2025, was AED 52,877; the unit has been rented since March 2015.

How big is unit 1517?

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

What is unit 1517 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 1517, Marina Diamond Tower 2

Starts from the last sale price (AED 600K, 12 March 2009). Switch to today's estimate once you have unlocked it.
Price
AED 600,000
Deposit, UAE resident (20%)
AED 120,000
Deposit, non-resident (40%)
AED 240,000
Monthly over 25 years at 3.7%
AED 2,455

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