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2-bed · 963 sqftMarina Diamond Tower 2, Dubai Marina · 4th floor · completed 2007

412, Marina Diamond Tower 2

Sold prices and rental history: sold 3 times, last in November 2019, and rented once, from May 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 412 · DLD and Ejari recordsUpdated 15 May 2023
Last soldAED 670K17 November 2019
Current rentAED 50K /yr15 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 412, Marina Diamond Tower 2

What is 412 worth today?

Last sold for AED 670,000 in 2019

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15 May 2023RentedNew contract
AED 50,000/yr12 months · AED 52 per sqft
17 Nov 2019SoldReady
AED 670,000AED 695 per sqft
1 Feb 2015SoldReady
AED 1,100,000AED 1,142 per sqft
10 Aug 2008Sold by developerReady
AED 397,454AED 412 per sqft

Source: Dubai Land Department. Updated 15 May 2023.

Key facts

Type
2-bed apartment
Size
963 sqft
Floor
4th of 15
Parking
44 B2
Developer
Diamond Developers
Completed
2007
Service charge
AED 17,700 /yr
Last sold
AED 670K · November 2019
Building
Marina Diamond Tower 2

About 412, Marina Diamond Tower 2

412 is a two-bedroom apartment of 963 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 17 November 2019 for AED 670,000, or AED 695 per sqft, 14% below the AED 808 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 15 May 2023. The current contract, signed on 15 May 2023, is AED 50,000 a year: a gross yield of 7.5% on the 2019 price, before the service charge of about AED 17,700 a year.

Sales and rents for 412 over time

Sales
Unit 412, each saleTypical two-bed in Marina Diamond Tower 2
500K1M2008201320182023Typical sale price by year: 2008 AED 610,457; 2009 AED 614,905; 2010 AED 722,500; 2011 AED 644,236; 2012 AED 670,000; 2013 AED 920,000; 2014 AED 1,250,000; 2015 AED 1,030,000; 2016 AED 962,500; 2017 AED 1,062,500; 2018 AED 850,000; 2019 AED 760,000; 2021 AED 750,000; 2023 AED 925,000; 2024 AED 1,075,000; 2025 AED 1,250,000Sold by developer, August 2008: AED 397,454 (AED 412 per sqft)Sold, February 2015: AED 1,100,000 (AED 1,142 per sqft)Sold, November 2019: AED 670,000 (AED 695 per sqft)

412 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 412, each contractTypical two-bed in Marina Diamond Tower 2
50K75K100K20112015201920232027Typical rent by year: 2011 AED 70,000; 2012 AED 65,000; 2013 AED 70,000; 2014 AED 90,000; 2015 AED 100,000; 2016 AED 90,000; 2017 AED 90,000; 2018 AED 75,500; 2019 AED 65,000; 2020 AED 58,000; 2021 AED 52,000; 2022 AED 66,800; 2023 AED 80,000; 2024 AED 95,000; 2025 AED 100,000; 2026 AED 93,500New contract, May 2023: AED 50,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Marina Diamond Tower 2, and where 412 sits

All 60 2-beds →

412 last sold in November 2019 at AED 695 per sqft, 14% below what two-beds in Marina Diamond Tower 2 were fetching at the time (AED 808). 412's AED 50,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
16 Oct 20251,330,000
18 Sep 20251,100,000
9 Sep 20251,257,068
3 Sep 20251,295,527
0 2-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

412, Marina Diamond Tower 2 in numbers

  • Sold 3 times: first on 10 August 2008 for AED 397,454, last on 17 November 2019 for AED 670,000 (AED 695 per sqft).
  • Rented since May 2023 on one Ejari contract, at AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2019 price is 7.5%, before a service charge of about AED 17,700 a year (AED 18.33 per sqft).

Source: Dubai Land Department. Updated 15 May 2023.

Questions about 412, Marina Diamond Tower 2

What did unit 412 last sell for?

AED 670,000 on 17 November 2019: AED 695 per sqft for 963 sqft. The unit has 3 registered sales; the first was AED 397,454 in August 2008.

What is the rent for unit 412?

AED 50,000 a year on the contract signed on 15 May 2023.

How big is unit 412?

963 sqft (89.5 sqm): a two-bedroom apartment on the 4th floor of a 15-storey tower completed in 2007.

What is unit 412 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 412, Marina Diamond Tower 2

Starts from the last sale price (AED 670K, 17 November 2019). Switch to today's estimate once you have unlocked it.
Price
AED 670,000
Deposit, UAE resident (20%)
AED 134,000
Deposit, non-resident (40%)
AED 268,000
Monthly over 25 years at 3.7%
AED 2,741

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