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2-bed · 1,001 sqftMarina Diamond Tower 4, Dubai Marina · 17th floor · completed 2010

1701, Marina Diamond Tower 4

Sold prices and rental history: sold once, by the developer in June 2013, and rented once, from February 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1701 · DLD and Ejari recordsUpdated 1 February 2015
Last soldAED 834K12 June 2013
Current rentAED 97K /yr1 February 2015
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1701, Marina Diamond Tower 4

What is 1701 worth today?

Last sold for AED 833,833 in 2013

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1 Feb 2015RentedNew contract
AED 96,600/yr12 months · AED 96 per sqft
12 Jun 2013Sold by developerReady
AED 833,833AED 832 per sqft

Source: Dubai Land Department. Updated 1 February 2015.

Key facts

Type
2-bed apartment
Size
1,001 sqft
Floor
17th of 19
Parking
65 B2
Developer
Diamond Developers
Completed
2010
Service charge
AED 15,700 /yr
Last sold
AED 834K · June 2013
Building
Marina Diamond Tower 4

About 1701, Marina Diamond Tower 4

1701 is a two-bedroom apartment of 1,001 sqft on the 17th floor of Marina Diamond Tower 4, a 19-storey tower in Dubai Marina completed in 2010 by Diamond Developers. The developer sold it on 12 June 2013 for AED 833,833, or AED 832 per sqft, 12% below the AED 944 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 February 2015. The current contract, signed on 1 February 2015, is AED 96,600 a year: a gross yield of 11.6% on the 2013 price, before the service charge of about AED 15,700 a year.

Sales and rents for 1701 over time

Sales
Unit 1701, 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 2013: AED 833,833 (AED 832 per sqft)

1701 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1701, 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 105,000New contract, February 2015: AED 96,600 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 1701 sits

All 82 2-beds →

1701 last sold in June 2013 at AED 832 per sqft, 12% below what two-beds in Marina Diamond Tower 4 were fetching at the time (AED 944). 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. 1701's AED 96,600 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 17th floor

All 183 units in Marina Diamond Tower 4
Value
17022-bedAED 800K · Jun 2009
17032-bedAED 1.5M · Oct 2008
17042-bedAED 880K · Apr 2021
17051-bedAED 838K · Jan 2018
17061-bedAED 557K · Oct 2008
17071-bedAED 730K · May 2023
17081-bedAED 755K · Jul 2022
1–7 of 9

1701, Marina Diamond Tower 4 in numbers

  • Sold once: by Diamond Developers on 12 June 2013 for AED 833,833, or AED 832 per sqft.
  • Rented since February 2015 on one Ejari contract, at AED 96,600 a year.
  • At AED 96,600 a year the gross yield on the 2013 price is 11.6%, before a service charge of about AED 15,700 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 1 February 2015.

Questions about 1701, Marina Diamond Tower 4

What did unit 1701 last sell for?

AED 833,833 on 12 June 2013, sold by the developer: AED 832 per sqft for 1,001 sqft. It is the only registered sale of the unit.

What is the rent for unit 1701?

AED 96,600 a year on the contract signed on 1 February 2015.

How big is unit 1701?

1,001 sqft (93.0 sqm): a two-bedroom apartment on the 17th floor of a 19-storey tower completed in 2010.

What is unit 1701 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 1701, Marina Diamond Tower 4

Starts from the last sale price (AED 834K, 12 June 2013). Switch to today's estimate once you have unlocked it.
Price
AED 833,833
Deposit, UAE resident (20%)
AED 166,767
Deposit, non-resident (40%)
AED 333,533
Monthly over 25 years at 3.7%
AED 3,411

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