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

1603, Marina Diamond Tower 4

Sold prices and rental history: sold twice, last in February 2014, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1603 · DLD and Ejari recordsUpdated 23 February 2014
Last soldAED 1.5M23 February 2014
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1603, Marina Diamond Tower 4

What is 1603 worth today?

Last sold for AED 1,500,000 in 2014

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23 Feb 2014SoldReady
AED 1,500,000AED 1,455 per sqft
12 Oct 2008Sold by developerReady
AED 891,610AED 865 per sqft

Source: Dubai Land Department. Updated 23 February 2014.

Key facts

Type
2-bed apartment
Size
1,031 sqft
Floor
16th of 19
Parking
7 B2
Developer
Diamond Developers
Completed
2010
Service charge
AED 16,200 /yr
Last sold
AED 1.5M · February 2014
Building
Marina Diamond Tower 4

About 1603, Marina Diamond Tower 4

1603 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 23 February 2014 for AED 1,500,000, or AED 1,455 per sqft, 75% above the AED 832 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1603 over time

Sales
Unit 1603, 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, October 2008: AED 891,610 (AED 865 per sqft)Sold, February 2014: AED 1,500,000 (AED 1,455 per sqft)

1603 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1603, each contractTypical two-bed in Marina Diamond Tower 4
75K100K2012201620202024Typical 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 105,000

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 1603 sits

All 82 2-beds →

1603 last sold in February 2014 at AED 1,455 per sqft, 75% above what two-beds in Marina Diamond Tower 4 were fetching at the time (AED 832). 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.

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
16022-bedAED 1.18M · Feb 2023
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

1603, Marina Diamond Tower 4 in numbers

  • Sold twice: first on 12 October 2008 for AED 891,610, last on 23 February 2014 for AED 1,500,000 (AED 1,455 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 23 February 2014.

Questions about 1603, Marina Diamond Tower 4

What did unit 1603 last sell for?

AED 1,500,000 on 23 February 2014: AED 1,455 per sqft for 1,031 sqft. The unit has 2 registered sales; the first was AED 891,610 in October 2008.

How big is unit 1603?

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 1603 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 1603, Marina Diamond Tower 4

Starts from the last sale price (AED 1.5M, 23 February 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

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