2-bed · 1,031 sqftMarina Diamond Tower 4, Dubai Marina · 12th floor · completed 2010

1203, Marina Diamond Tower 4

Sold prices and rental history: sold twice, last in November 2019, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1203 · DLD and Ejari recordsUpdated 27 November 2019
Last soldAED 900K27 November 2019
Current rentAED 80K /yr13 May 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1203, Marina Diamond Tower 4

What is 1203 worth today?

Last sold for AED 900,000 in 2019

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27 Nov 2019SoldReady
AED 900,000AED 873 per sqft
13 May 2018RentedNew contract
AED 80,000/yr12 months · AED 77 per sqft
1 Mar 2017RentedNew contract
AED 105,000/yr12 months · AED 102 per sqft
15 Dec 2015RentedNew contract
AED 120,000/yr12 months · AED 116 per sqft
3 Jul 2008Sold by developerReady
AED 972,233AED 943 per sqft

Source: Dubai Land Department. Updated 27 November 2019.

Key facts

Type
2-bed apartment
Size
1,031 sqft
Floor
12th of 19
Parking
15 B2
Developer
Diamond Developers
Completed
2010
Service charge
AED 16,200 /yr
Last sold
AED 900K · November 2019

About 1203, Marina Diamond Tower 4

1203 is a two-bedroom apartment of 1,031 sqft on the 12th floor of Marina Diamond Tower 4, a 19-storey tower in Dubai Marina completed in 2010 by Diamond Developers. It last sold on 27 November 2019 for AED 900,000, or AED 873 per sqft, 3% above the AED 844 two-beds in the building were fetching at the time.

It has been rented since 2015 on 3 Ejari contracts. The current contract, signed on 13 May 2018, is AED 80,000 a year: a gross yield of 8.9% on the 2019 price, before the service charge of about AED 16,200 a year.

Sales and rents for 1203 over time

Sales
Unit 1203, each saleTypical two-bed in Marina Diamond Tower 4
1M1.5M2008201320182023Typical sale price by year: 2008 AED 910,910; 2009 AED 891,815; 2010 AED 863,425; 2011 AED 900,000; 2012 AED 754,167; 2013 AED 1,008,000; 2014 AED 1,040,132; 2015 AED 1,375,000; 2016 AED 1,350,000; 2017 AED 1,237,500; 2018 AED 950,000; 2019 AED 850,000; 2020 AED 760,000; 2021 AED 877,500; 2022 AED 1,100,000; 2023 AED 1,210,000; 2024 AED 1,290,000; 2025 AED 1,435,000; 2026 AED 1,622,500Sold by developer, July 2008: AED 972,233 (AED 943 per sqft)Sold, November 2019: AED 900,000 (AED 873 per sqft)

1203 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1203, each contractTypical two-bed in Marina Diamond Tower 4
100K2012201620202024Typical rent by year: 2012 AED 75,000; 2013 AED 85,000; 2014 AED 99,474; 2015 AED 110,000; 2016 AED 105,000; 2017 AED 100,000; 2018 AED 90,000; 2019 AED 80,000; 2020 AED 63,000; 2021 AED 65,000; 2022 AED 75,000; 2023 AED 90,000; 2024 AED 103,500; 2025 AED 110,000; 2026 AED 105,000New contract, December 2015: AED 120,000 a yearNew contract, March 2017: AED 105,000 a yearNew contract, May 2018: AED 80,000 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 4, and where 1203 sits

All 82 2-beds →

1203 last sold in November 2019 at AED 873 per sqft, 3% above what two-beds in Marina Diamond Tower 4 were fetching at the time (AED 844). Over the last 12 months two-beds sold for AED 1,450,000 to 2,450,000, around AED 1,532 per sqft, and rent for AED 68,000 to 150,000 a year. 1203's AED 80,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
26 Oct 20261,450,000
2 Oct 20261,675,000
4 Aug 20261,570,000
18 Mar 20262,450,000
6 2-bed sales in the last 12 months

Marina Diamond Tower 4

Building

183 apartments, studios to 4-bed over 19 floors in Dubai Marina, completed in 2010 by Diamond Developers. 16 sold in the last 12 months.

Typical price per sqft
AED 1,353 Up 6.3%
Typical sale
AED 1.07M
Typical rent
AED 81K /yr
Typical yield
7.4%
Marina Diamond Tower 4, Dubai Marina: prices, sales and rents →

Other units on the 12th floor

All 183 units in Marina Diamond Tower 4
Value
12012-bedAED 829K · Oct 2008
12022-bedAED 855K · Nov 2019
12042-bedAED 1.1M · Feb 2022
12051-bedAED 725K · Jan 2013
12061-bedAED 920K · Dec 2024
12071-bedAED 925K · Apr 2025
12081-bedAED 1.03M · Nov 2015
1–7 of 9

1203, Marina Diamond Tower 4 in numbers

  • Sold twice: first on 3 July 2008 for AED 972,233, last on 27 November 2019 for AED 900,000 (AED 873 per sqft).
  • Rented since December 2015 on 3 Ejari contracts, from AED 120,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2019 price is 8.9%, before a service charge of about AED 16,200 a year (AED 15.68 per sqft).
  • Two-beds in Marina Diamond Tower 4 sold for AED 1,450,000–2,450,000 in the 12 months to November 2026; the building's median across all types is AED 1,353 per sqft.

Source: Dubai Land Department. Updated 27 November 2019.

Questions about 1203, Marina Diamond Tower 4

What did unit 1203 last sell for?

AED 900,000 on 27 November 2019: AED 873 per sqft for 1,031 sqft. The unit has 2 registered sales; the first was AED 972,233 in July 2008.

What is the rent for unit 1203?

AED 80,000 a year on the contract signed on 13 May 2018. The previous contract, from March 2017, was AED 105,000; the unit has been rented since December 2015.

How big is unit 1203?

1,031 sqft (95.8 sqm): a two-bedroom apartment on the 12th floor of a 19-storey tower completed in 2010.

What is unit 1203 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Marina Diamond Tower 4 sold for AED 1,450,000 to 2,450,000 in the last 12 months, around AED 1,532 per sqft.

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Mortgage on 1203, Marina Diamond Tower 4

Starts from the last sale price (AED 900K, 27 November 2019). Switch to today's estimate once you have unlocked it.
Price
AED 900,000
Deposit, UAE resident (20%)
AED 180,000
Deposit, non-resident (40%)
AED 360,000
Monthly over 25 years at 3.7%
AED 3,682

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