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1-bed · 572 sqftMarina Diamond Tower 2, Dubai Marina · 4th floor · completed 2007

407, Marina Diamond Tower 2

Sold prices and rental history: sold once, by the developer in August 2008, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407 · DLD and Ejari recordsUpdated 5 April 2025
Last soldAED 411K27 August 2008
Current rentAED 45K /yr5 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 407, Marina Diamond Tower 2

What is 407 worth today?

Last sold for AED 410,531 in 2008

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5 Apr 2025RentedNew contract
AED 45,000/yr12 months · AED 79 per sqft
5 Apr 2025RentedNew contract
AED 45,000/yr12 months · AED 79 per sqft
5 Apr 2023RentedNew contract
AED 55,000/yr12 months · AED 96 per sqft
1 Feb 2021RentedNew contract
AED 38,000/yr12 months · AED 67 per sqft
1 Jun 2020RentedNew contract
AED 40,000/yr12 months · AED 70 per sqft
1 Apr 2019RentedNew contract
AED 53,000/yr12 months · AED 93 per sqft
7 Feb 2017RentedNew contract
AED 68,000/yr12 months · AED 119 per sqft
27 Aug 2008Sold by developerReady
AED 410,531AED 717 per sqft

Source: Dubai Land Department. Updated 5 April 2025.

Key facts

Type
1-bed apartment
Size
572 sqft
Floor
4th of 15
Parking
41 B2
Developer
Diamond Developers
Completed
2007
Service charge
AED 10,500 /yr
Last sold
AED 411K · August 2008
Building
Marina Diamond Tower 2

About 407, Marina Diamond Tower 2

407 is a one-bedroom apartment of 572 sqft on the 4th floor of Marina Diamond Tower 2, a 15-storey tower in Dubai Marina completed in 2007 by Diamond Developers. The developer sold it on 27 August 2008 for AED 410,531, or AED 717 per sqft, in line with the AED 705 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, signed on 5 April 2025, is AED 45,000 a year: a gross yield of 11.0% on the 2008 price, before the service charge of about AED 10,500 a year.

Sales and rents for 407 over time

Sales
Unit 407, 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, August 2008: AED 410,531 (AED 717 per sqft)

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

Rents
Unit 407, 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 2017: AED 68,000 a yearNew contract, April 2019: AED 53,000 a yearNew contract, June 2020: AED 40,000 a yearNew contract, February 2021: AED 38,000 a yearNew contract, April 2023: AED 55,000 a yearNew contract, April 2025: AED 45,000 a yearNew contract, April 2025: AED 45,000 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 407 sits

All 128 1-beds →

407 last sold in August 2008 at AED 717 per sqft, in line with what one-beds in Marina Diamond Tower 2 were fetching at the time (AED 705). 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. 407's AED 45,000 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 4th floor

All 276 units in Marina Diamond Tower 2
Value
4012-bedAED 454K · Jun 2013
402StudioAED 650K · Jan 2026
4032-bedAED 575K · Aug 2009
4041-bedAED 476K · Apr 2009
405StudioAED 287K · Jun 2008
4061-bedAED 369K · Oct 2008
408StudioAED 310K · Apr 2011
1–7 of 17

407, Marina Diamond Tower 2 in numbers

  • Sold once: by Diamond Developers on 27 August 2008 for AED 410,531, or AED 717 per sqft.
  • Rented since February 2017 on 7 Ejari contracts. The rent fell from AED 68,000 to AED 38,000 in 2021 and recovered to AED 45,000 by April 2025.
  • At AED 45,000 a year the gross yield on the 2008 price is 11.0%, before a service charge of about AED 10,500 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 5 April 2025.

Questions about 407, Marina Diamond Tower 2

What did unit 407 last sell for?

AED 410,531 on 27 August 2008, sold by the developer: AED 717 per sqft for 572 sqft. It is the only registered sale of the unit.

What is the rent for unit 407?

AED 45,000 a year on the contract signed on 5 April 2025. The previous contract, from April 2025, was AED 45,000; the unit has been rented since February 2017.

How big is unit 407?

572 sqft (53.1 sqm): a one-bedroom apartment on the 4th floor of a 15-storey tower completed in 2007.

What is unit 407 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 407, Marina Diamond Tower 2

Starts from the last sale price (AED 411K, 27 August 2008). Switch to today's estimate once you have unlocked it.
Price
AED 410,531
Deposit, UAE resident (20%)
AED 82,106
Deposit, non-resident (40%)
AED 164,212
Monthly over 25 years at 3.7%
AED 1,680

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