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

1703, Marina Diamond Tower 4

Sold prices and rental history: sold twice, last in October 2008, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1703 · DLD and Ejari recordsUpdated 10 September 2024
Last soldAED 1.5M13 October 2008
Current rentAED 108K /yr10 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1703, Marina Diamond Tower 4

What is 1703 worth today?

Last sold for AED 1,500,000 in 2008

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10 Sep 2024RentedNew contract
AED 108,000/yr12 months · AED 105 per sqft
10 Sep 2024RentedNew contract
AED 108,000/yr12 months · AED 105 per sqft
2 Sep 2023RentedNew contract
AED 90,000/yr12 months · AED 87 per sqft
5 Apr 2017RentedRenewal
AED 105,000/yr12 months · AED 102 per sqft
5 Apr 2016RentedNew contract
AED 105,000/yr12 months · AED 102 per sqft
20 Mar 2014RentedNew contract
AED 120,000/yr12 months · AED 116 per sqft
1 Dec 2013RentedNew contract
AED 100,000/yr12 months · AED 97 per sqft
1 Jan 2013RentedNew contract
AED 80,000/yr12 months · AED 77 per sqft

Source: Dubai Land Department. Updated 10 September 2024.

Key facts

Type
2-bed apartment
Size
1,031 sqft
Floor
17th of 19
Parking
67 B2
Developer
Diamond Developers
Completed
2010
Service charge
AED 16,200 /yr
Last sold
AED 1.5M · October 2008

About 1703, Marina Diamond Tower 4

1703 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 13 October 2008 for AED 1,500,000, or AED 1,455 per sqft, 66% above the AED 875 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 10 September 2024, is AED 108,000 a year: a gross yield of 7.2% on the 2008 price, before the service charge of about AED 16,200 a year.

Sales and rents for 1703 over time

Sales
Unit 1703, 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, August 2008: AED 858,308 (AED 832 per sqft)Sold, October 2008: AED 1,500,000 (AED 1,455 per sqft)

1703 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1703, 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, January 2013: AED 80,000 a yearNew contract, December 2013: AED 100,000 a yearNew contract, March 2014: AED 120,000 a yearNew contract, April 2016: AED 105,000 a yearRenewal, April 2017: AED 105,000 a yearNew contract, September 2023: AED 90,000 a yearNew contract, September 2024: AED 108,000 a yearNew contract, September 2024: AED 108,000 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 1703 sits

All 82 2-beds →

1703 last sold in October 2008 at AED 1,455 per sqft, 66% above 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. 1703's AED 108,000 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 17th floor

All 183 units in Marina Diamond Tower 4
Value
17012-bedAED 834K · Jun 2013
17022-bedAED 800K · Jun 2009
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

1703, Marina Diamond Tower 4 in numbers

  • Sold twice: first on 31 August 2008 for AED 858,308, last on 13 October 2008 for AED 1,500,000 (AED 1,455 per sqft).
  • Rented since January 2013 on 8 Ejari contracts, from AED 80,000 to AED 108,000 a year.
  • At AED 108,000 a year the gross yield on the 2008 price is 7.2%, 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 10 September 2024.

Questions about 1703, Marina Diamond Tower 4

What did unit 1703 last sell for?

AED 1,500,000 on 13 October 2008: AED 1,455 per sqft for 1,031 sqft. The unit has 2 registered sales; the first was AED 858,308 in August 2008.

What is the rent for unit 1703?

AED 108,000 a year on the contract signed on 10 September 2024. The previous contract, from September 2024, was AED 108,000; the unit has been rented since January 2013.

How big is unit 1703?

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 1703 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 1703, Marina Diamond Tower 4

Starts from the last sale price (AED 1.5M, 13 October 2008). 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 →