2-bed · 1,031 sqftMarina Diamond Tower 4, Dubai Marina · 17th floor · completed 2010

1702, Marina Diamond Tower 4

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

Unit 1702 · DLD and Ejari recordsUpdated 2 February 2022
Last soldAED 800K9 June 2009
Current rentAED 55K /yr2 February 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1702, Marina Diamond Tower 4

What is 1702 worth today?

Last sold for AED 800,000 in 2009

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

2 Feb 2022RentedRenewal
AED 55,000/yr12 months · AED 53 per sqft
2 Feb 2021RentedNew contract
AED 55,000/yr12 months · AED 53 per sqft
5 Feb 2019RentedNew contract
AED 75,000/yr12 months · AED 73 per sqft
15 Feb 2017RentedRenewal
AED 110,000/yr12 months · AED 106 per sqft
15 Feb 2016RentedRenewal
AED 110,000/yr12 months · AED 106 per sqft
15 Feb 2015RentedNew contract
AED 110,000/yr12 months · AED 106 per sqft
18 Dec 2013RentedNew contract
AED 80,500/yr12 months · AED 78 per sqft
18 Dec 2012RentedNew contract
AED 75,000/yr12 months · AED 73 per sqft

Source: Dubai Land Department. Updated 2 February 2022.

Key facts

Type
2-bed apartment
Size
1,031 sqft
Floor
17th of 19
Parking
66 B2
Developer
Diamond Developers
Completed
2010
Service charge
AED 16,200 /yr
Last sold
AED 800K · June 2009

About 1702, Marina Diamond Tower 4

1702 is a two-bedroom apartment of 1,031 sqft on the 17th floor of Marina Diamond Tower 4, a 19-storey tower in Dubai Marina completed in 2010 by Diamond Developers. It last sold on 9 June 2009 for AED 800,000, or AED 776 per sqft, 11% below the AED 875 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 8 Ejari contracts. The current contract, renewed on 2 February 2022, is AED 55,000 a year: a gross yield of 6.9% on the 2009 price, before the service charge of about AED 16,200 a year.

Sales and rents for 1702 over time

Sales
Unit 1702, 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, November 2008: AED 858,308 (AED 832 per sqft)Sold, June 2009: AED 800,000 (AED 776 per sqft)

1702 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1702, each contractTypical two-bed in Marina Diamond Tower 4
50K75K100K2012201620202024Typical 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 2012: AED 75,000 a yearNew contract, December 2013: AED 80,500 a yearNew contract, February 2015: AED 110,000 a yearRenewal, February 2016: AED 110,000 a yearRenewal, February 2017: AED 110,000 a yearNew contract, February 2019: AED 75,000 a yearNew contract, February 2021: AED 55,000 a yearRenewal, February 2022: AED 55,000 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 1702 sits

All 82 2-beds →

1702 last sold in June 2009 at AED 776 per sqft, 11% below what two-beds in Marina Diamond Tower 4 were fetching at the time (AED 875). 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. 1702's AED 55,000 is at the bottom 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
17012-bedAED 834K · Jun 2013
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

1702, Marina Diamond Tower 4 in numbers

  • Sold twice: first on 25 November 2008 for AED 858,308, last on 9 June 2009 for AED 800,000 (AED 776 per sqft).
  • Rented since December 2012 on 8 Ejari contracts, from AED 75,000 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2009 price is 6.9%, 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 2 February 2022.

Questions about 1702, Marina Diamond Tower 4

What did unit 1702 last sell for?

AED 800,000 on 9 June 2009: AED 776 per sqft for 1,031 sqft. The unit has 2 registered sales; the first was AED 858,308 in November 2008.

What is the rent for unit 1702?

AED 55,000 a year on the contract renewed on 2 February 2022. The previous contract, from February 2021, was AED 55,000; the unit has been rented since December 2012.

How big is unit 1702?

1,031 sqft (95.8 sqm): a two-bedroom apartment on the 17th floor of a 19-storey tower completed in 2010.

What is unit 1702 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.

Selling 1702? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1702, Marina Diamond Tower 4

Starts from the last sale price (AED 800K, 9 June 2009). Switch to today's estimate once you have unlocked it.
Price
AED 800,000
Deposit, UAE resident (20%)
AED 160,000
Deposit, non-resident (40%)
AED 320,000
Monthly over 25 years at 3.7%
AED 3,273

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