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1-bed · 647 sqftMarina Diamond Tower 2, Dubai Marina · 4th floor · completed 2007

409, Marina Diamond Tower 2

Sold prices and rental history: sold 4 times, last in October 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 409 · DLD and Ejari recordsUpdated 16 October 2024
Last soldAED 950K16 October 2024
Current rentAED 57K /yr20 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 409, Marina Diamond Tower 2

What is 409 worth today?

Last sold for AED 950,000 in 2024

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16 Oct 2024SoldReady
AED 950,000AED 1,468 per sqft
29 Mar 2024SoldReady
AED 760,000AED 1,174 per sqft
20 May 2023RentedNew contract
AED 57,000/yr12 months · AED 88 per sqft
28 Apr 2022RentedNew contract
AED 45,000/yr12 months · AED 70 per sqft
25 Mar 2021RentedRenewal
AED 38,000/yr12 months · AED 59 per sqft
25 Mar 2020RentedNew contract
AED 44,000/yr12 months · AED 68 per sqft
2 Mar 2019RentedNew contract
AED 50,000/yr12 months · AED 77 per sqft
26 Jan 2018RentedNew contract
AED 65,000/yr12 months · AED 101 per sqft

Source: Dubai Land Department. Updated 16 October 2024.

Key facts

Type
1-bed apartment
Size
647 sqft
Floor
4th of 15
Parking
42 B2
Developer
Diamond Developers
Completed
2007
Service charge
AED 11,900 /yr
Last sold
AED 950K · October 2024
Building
Marina Diamond Tower 2

About 409, Marina Diamond Tower 2

409 is a one-bedroom apartment of 647 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 16 October 2024 for AED 950,000, or AED 1,468 per sqft, 17% above the AED 1,250 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 20 May 2023, is AED 57,000 a year: a gross yield of 6.0% on the 2024 price, before the service charge of about AED 11,900 a year.

Sales and rents for 409 over time

Sales
Unit 409, each saleTypical one-bed in Marina Diamond Tower 2
500K750K1M2008201320182023Typical 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, January 2013: AED 417,503 (AED 645 per sqft)Sold, May 2017: AED 785,000 (AED 1,213 per sqft)Sold, March 2024: AED 760,000 (AED 1,174 per sqft)Sold, October 2024: AED 950,000 (AED 1,468 per sqft)

409 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 409, 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, January 2013: AED 55,000 a yearNew contract, January 2014: AED 60,500 a yearNew contract, January 2016: AED 68,000 a yearNew contract, January 2018: AED 65,000 a yearNew contract, March 2019: AED 50,000 a yearNew contract, March 2020: AED 44,000 a yearRenewal, March 2021: AED 38,000 a yearNew contract, April 2022: AED 45,000 a yearNew contract, May 2023: AED 57,000 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 409 sits

All 128 1-beds →

409 last sold in October 2024 at AED 1,468 per sqft, 17% above what one-beds in Marina Diamond Tower 2 were fetching at the time (AED 1,250). 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. 409's AED 57,000 is in the lower half 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
4071-bedAED 411K · Aug 2008
1–7 of 17

409, Marina Diamond Tower 2 in numbers

  • Sold 4 times: first on 20 January 2013 for AED 417,503, last on 16 October 2024 for AED 950,000 (AED 1,468 per sqft).
  • Rented since January 2013 on 9 Ejari contracts. The rent fell from AED 55,000 to AED 38,000 in 2021 and recovered to AED 57,000 by May 2023.
  • At AED 57,000 a year the gross yield on the 2024 price is 6.0%, 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 16 October 2024.

Questions about 409, Marina Diamond Tower 2

What did unit 409 last sell for?

AED 950,000 on 16 October 2024: AED 1,468 per sqft for 647 sqft. The unit has 4 registered sales; the first was AED 417,503 in January 2013.

What is the rent for unit 409?

AED 57,000 a year on the contract signed on 20 May 2023. The previous contract, from April 2022, was AED 45,000; the unit has been rented since January 2013.

How big is unit 409?

647 sqft (60.1 sqm): a one-bedroom apartment on the 4th floor of a 15-storey tower completed in 2007.

What is unit 409 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 409, Marina Diamond Tower 2

Starts from the last sale price (AED 950K, 16 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 950,000
Deposit, UAE resident (20%)
AED 190,000
Deposit, non-resident (40%)
AED 380,000
Monthly over 25 years at 3.7%
AED 3,887

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