408, Marina Diamond Tower 2
Sold prices and rental history: sold twice, last in April 2011, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 408, Marina Diamond Tower 2
What is 408 worth today?
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Source: Dubai Land Department. Updated 5 February 2023.
Key facts
- Type
- Studio apartment
- Size
- 418 sqft
- Floor
- 4th of 15
- Parking
- 25 G.F
- Developer
- Diamond Developers
- Completed
- 2007
- Service charge
- AED 7,700 /yr
- Last sold
- AED 310K · April 2011
- Building
- Marina Diamond Tower 2
About 408, Marina Diamond Tower 2
408 is a studio of 418 sqft on the 4th floor of Marina Diamond Tower 2, a 15-storey tower in Dubai Marina completed in 2007 by Diamond Developers. It last sold on 21 April 2011 for AED 310,000, or AED 741 per sqft, 10% below the AED 825 studios in the building were fetching at the time.
It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, renewed on 5 February 2023, is AED 12,075 a year: a gross yield of 3.9% on the 2011 price, before the service charge of about AED 7,700 a year.
Sales and rents for 408 over time
408 has sold twice; the dashed line is the studio median of each year in the building.
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 408 sits
All 87 studios →408 last sold in April 2011 at AED 741 per sqft, 10% below what studios in Marina Diamond Tower 2 were fetching at the time (AED 825). 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. 408's AED 12,075 is at the bottom of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 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 |
Marina Diamond Tower 2
Building276 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%
Other units on the 4th floor
All 276 units in Marina Diamond Tower 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 963 sqft | AED 454KAED 454,043 · Jun 2013June 2013 | 95,000 /yr | |
| 402 | Studio | 401 sqft | AED 650KAED 650,000 · Jan 2026January 2026 | 50,000 /yr | |
| 403 | 2-bed | 963 sqft | AED 575KAED 574,801 · Aug 2009August 2009 | 85,000 /yr | |
| 404 | 1-bed | 681 sqft | AED 476KAED 475,582 · Apr 2009April 2009 | 53,000 /yr | |
| 405 | Studio | 688 sqft | AED 287KAED 287,021 · Jun 2008June 2008 | 60,000 /yr | |
| 406 | 1-bed | 572 sqft | AED 369KAED 368,500 · Oct 2008October 2008 | ||
| 407 | 1-bed | 572 sqft | AED 411KAED 410,531 · Aug 2008August 2008 | 45,000 /yr | |
| 409 | 1-bed | 647 sqft | AED 950KAED 950,000 · Oct 2024October 2024 | 57,000 /yr | |
| 410 | 2-bed | 963 sqft | AED 611KAED 611,022 · Jul 2008July 2008 | 115,000 /yr | |
| 411 | Studio | 200 sqft | AED 125KAED 125,000 · Dec 2020December 2020 | 65,000 /yr | |
| 412 | 2-bed | 963 sqft | AED 670KAED 670,000 · Nov 2019November 2019 | 50,000 /yr | |
| 413 | 1-bed | 666 sqft | AED 525KAED 525,000 · Dec 2021December 2021 | 82,500 /yr | |
| 414 | Studio | 438 sqft | AED 329KAED 329,433 · Jul 2008July 2008 | 52,800 /yr | |
| 415 | 1-bed | 589 sqft | AED 770KAED 770,000 · Aug 2015August 2015 | 10,000 /yr | |
| 416 | 1-bed | 589 sqft | AED 625KAED 625,000 · Aug 2008August 2008 | 50,000 /yr | |
| 417 | Studio | 438 sqft | AED 650KAED 650,000 · May 2017May 2017 | 50,715 /yr | |
| 418 | 1-bed | 666 sqft | AED 500KAED 500,000 · Jul 2018July 2018 | 51,861 /yr |
408, Marina Diamond Tower 2 in numbers
- Sold twice: first on 27 August 2008 for AED 288,511, last on 21 April 2011 for AED 310,000 (AED 741 per sqft).
- Rented since July 2016 on 7 Ejari contracts, from AED 60,000 to AED 12,075 a year.
- At AED 12,075 a year the gross yield on the 2011 price is 3.9%, before a service charge of about AED 7,700 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 5 February 2023.
Questions about 408, Marina Diamond Tower 2
What did unit 408 last sell for?
AED 310,000 on 21 April 2011: AED 741 per sqft for 418 sqft. The unit has 2 registered sales; the first was AED 288,511 in August 2008.
What is the rent for unit 408?
AED 12,075 a year on the contract renewed on 5 February 2023. The previous contract, from February 2022, was AED 32,000; the unit has been rented since July 2016.
How big is unit 408?
418 sqft (38.8 sqm): a studio on the 4th floor of a 15-storey tower completed in 2007.
What is unit 408 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 408, Marina Diamond Tower 2
Starts from the last sale price (AED 310K, 21 April 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 310,000
- Deposit, UAE resident (20%)
- AED 62,000
- Deposit, non-resident (40%)
- AED 124,000
- Monthly over 25 years at 3.7%
- AED 1,268
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →