2-bed · 1,031 sqftMarina Diamond Tower 4, Dubai Marina · 16th floor · completed 2010

1602, Marina Diamond Tower 4

Sold prices and rental history: sold 4 times, last in February 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1602 · DLD and Ejari recordsUpdated 19 June 2025
Last soldAED 1.18M1 February 2023
Current rentAED 115K /yr19 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1602, Marina Diamond Tower 4

What is 1602 worth today?

Last sold for AED 1,175,000 in 2023

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19 Jun 2025RentedRenewal
AED 115,000/yr12 months · AED 111 per sqft
19 Jun 2025RentedRenewal
AED 115,000/yr12 months · AED 111 per sqft
19 Jun 2024RentedNew contract
AED 115,000/yr12 months · AED 111 per sqft
19 Jun 2024RentedNew contract
AED 115,000/yr12 months · AED 111 per sqft
25 Apr 2023RentedNew contract
AED 90,000/yr12 months · AED 87 per sqft
1 Feb 2023SoldReady
AED 1,175,000AED 1,139 per sqft
15 Oct 2022RentedRenewal
AED 61,215/yr3 months · AED 59 per sqft
15 Oct 2021RentedRenewal
AED 60,500/yr12 months · AED 59 per sqft

Source: Dubai Land Department. Updated 19 June 2025.

Key facts

Type
2-bed apartment
Size
1,031 sqft
Floor
16th of 19
Parking
56 B2
Developer
Diamond Developers
Completed
2010
Service charge
AED 16,200 /yr
Last sold
AED 1.18M · February 2023

About 1602, Marina Diamond Tower 4

1602 is a two-bedroom apartment of 1,031 sqft on the 16th floor of Marina Diamond Tower 4, a 19-storey tower in Dubai Marina completed in 2010 by Diamond Developers. It last sold on 1 February 2023 for AED 1,175,000, or AED 1,139 per sqft, 11% above the AED 1,022 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 10 Ejari contracts. The current contract, renewed on 19 June 2025, is AED 115,000 a year: a gross yield of 9.8% on the 2023 price, before the service charge of about AED 16,200 a year.

Sales and rents for 1602 over time

Sales
Unit 1602, 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, June 2008: AED 891,609 (AED 865 per sqft)Sold, August 2010: AED 720,000 (AED 698 per sqft)Sold, December 2010: AED 925,000 (AED 897 per sqft)Sold, February 2023: AED 1,175,000 (AED 1,139 per sqft)

1602 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1602, each contractTypical two-bed in Marina Diamond Tower 4
50K100K2012201620202024Typical 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, March 2017: AED 107,500 a yearNew contract, April 2019: AED 74,000 a yearNew contract, October 2020: AED 55,000 a yearRenewal, October 2021: AED 60,500 a yearRenewal, October 2022: AED 61,215 a yearNew contract, April 2023: AED 90,000 a yearNew contract, June 2024: AED 115,000 a yearNew contract, June 2024: AED 115,000 a yearRenewal, June 2025: AED 115,000 a yearRenewal, June 2025: AED 115,000 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 1602 sits

All 82 2-beds →

1602 last sold in February 2023 at AED 1,139 per sqft, 11% above what two-beds in Marina Diamond Tower 4 were fetching at the time (AED 1,022). 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. 1602's AED 115,000 is in the upper 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 16th floor

All 183 units in Marina Diamond Tower 4
Value
16012-bedAED 866K · Aug 2009
16032-bedAED 1.5M · Feb 2014
16042-bedAED 1.45M · Oct 2026
16051-bedAED 780K · Feb 2023
16061-bedAED 600K · Sep 2021
16071-bedAED 580K · Oct 2008
16081-bedAED 750K · Jun 2013
1–7 of 9

1602, Marina Diamond Tower 4 in numbers

  • Sold 4 times: first on 9 June 2008 for AED 891,609, last on 1 February 2023 for AED 1,175,000 (AED 1,139 per sqft).
  • Rented since March 2017 on 10 Ejari contracts. The rent fell from AED 107,500 to AED 55,000 in 2020 and recovered to AED 115,000 by June 2025.
  • At AED 115,000 a year the gross yield on the 2023 price is 9.8%, 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 19 June 2025.

Questions about 1602, Marina Diamond Tower 4

What did unit 1602 last sell for?

AED 1,175,000 on 1 February 2023: AED 1,139 per sqft for 1,031 sqft. The unit has 4 registered sales; the first was AED 891,609 in June 2008.

What is the rent for unit 1602?

AED 115,000 a year on the contract renewed on 19 June 2025. The previous contract, from June 2025, was AED 115,000; the unit has been rented since March 2017.

How big is unit 1602?

1,031 sqft (95.8 sqm): a two-bedroom apartment on the 16th floor of a 19-storey tower completed in 2010.

What is unit 1602 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 1602, Marina Diamond Tower 4

Starts from the last sale price (AED 1.18M, 1 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,175,000
Deposit, UAE resident (20%)
AED 235,000
Deposit, non-resident (40%)
AED 470,000
Monthly over 25 years at 3.7%
AED 4,807

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