2-bed · 963 sqftMarina Diamond Tower 2, Dubai Marina · 9th floor · completed 2007

903, Marina Diamond Tower 2

Sold prices and rental history: sold twice, last in November 2009, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 903 · DLD and Ejari recordsUpdated 15 July 2024
Last soldAED 985K10 November 2009
Current rentAED 85K /yr15 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 903, Marina Diamond Tower 2

What is 903 worth today?

Last sold for AED 985,000 in 2009

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15 Jul 2024RentedRenewal
AED 85,000/yr12 months · AED 89 per sqft
15 Jul 2024RentedRenewal
AED 85,000/yr12 months · AED 89 per sqft
15 Jul 2023RentedNew contract
AED 85,000/yr12 months · AED 89 per sqft
1 Feb 2019RentedNew contract
AED 62,000/yr12 months · AED 65 per sqft
13 Sep 2014RentedNew contract
AED 105,000/yr12 months · AED 110 per sqft
24 Dec 2012RentedNew contract
AED 80,000/yr12 months · AED 84 per sqft
10 Nov 2009SoldReady
AED 985,000AED 1,022 per sqft
1 Jul 2008Sold by developerReady
AED 588,500AED 611 per sqft

Source: Dubai Land Department. Updated 15 July 2024.

Key facts

Type
2-bed apartment
Size
963 sqft
Floor
9th of 15
Parking
98 B2
Developer
Diamond Developers
Completed
2007
Service charge
AED 17,700 /yr
Last sold
AED 985K · November 2009

About 903, Marina Diamond Tower 2

903 is a two-bedroom apartment of 963 sqft on the 9th floor of Marina Diamond Tower 2, a 15-storey tower in Dubai Marina completed in 2007 by Diamond Developers. It last sold on 10 November 2009 for AED 985,000, or AED 1,022 per sqft, 60% above the AED 637 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 6 Ejari contracts. The current contract, renewed on 15 July 2024, is AED 85,000 a year: a gross yield of 8.6% on the 2009 price, before the service charge of about AED 17,700 a year.

Sales and rents for 903 over time

Sales
Unit 903, 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, July 2008: AED 588,500 (AED 611 per sqft)Sold, November 2009: AED 985,000 (AED 1,022 per sqft)

903 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 903, 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, December 2012: AED 80,000 a yearNew contract, September 2014: AED 105,000 a yearNew contract, February 2019: AED 62,000 a yearNew contract, July 2023: AED 85,000 a yearRenewal, July 2024: AED 85,000 a yearRenewal, July 2024: AED 85,000 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 903 sits

All 60 2-beds →

903 last sold in November 2009 at AED 1,022 per sqft, 60% above what two-beds in Marina Diamond Tower 2 were fetching at the time (AED 637). 903's AED 85,000 is in the lower half 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 9th floor

All 276 units in Marina Diamond Tower 2
Value
9012-bedAED 750K · Jan 2019
902StudioAED 420K · Jul 2010
9041-bedAED 471K · Sep 2011
905StudioAED 306K · Mar 2009
9061-bedAED 800K · Mar 2024
9071-bedAED 450K · Aug 2022
908StudioAED 499K · Mar 2023
1–7 of 17

903, Marina Diamond Tower 2 in numbers

  • Sold twice: first on 1 July 2008 for AED 588,500, last on 10 November 2009 for AED 985,000 (AED 1,022 per sqft).
  • Rented since December 2012 on 6 Ejari contracts. The rent fell from AED 80,000 to AED 62,000 in 2019 and recovered to AED 85,000 by July 2024.
  • At AED 85,000 a year the gross yield on the 2009 price is 8.6%, before a service charge of about AED 17,700 a year (AED 18.33 per sqft).

Source: Dubai Land Department. Updated 15 July 2024.

Questions about 903, Marina Diamond Tower 2

What did unit 903 last sell for?

AED 985,000 on 10 November 2009: AED 1,022 per sqft for 963 sqft. The unit has 2 registered sales; the first was AED 588,500 in July 2008.

What is the rent for unit 903?

AED 85,000 a year on the contract renewed on 15 July 2024. The previous contract, from July 2024, was AED 85,000; the unit has been rented since December 2012.

How big is unit 903?

963 sqft (89.5 sqm): a two-bedroom apartment on the 9th floor of a 15-storey tower completed in 2007.

What is unit 903 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 903, Marina Diamond Tower 2

Starts from the last sale price (AED 985K, 10 November 2009). Switch to today's estimate once you have unlocked it.
Price
AED 985,000
Deposit, UAE resident (20%)
AED 197,000
Deposit, non-resident (40%)
AED 394,000
Monthly over 25 years at 3.7%
AED 4,030

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