2-bed · 1,084 sqftMarina Diamond Tower 5, Dubai Marina · 12th floor · completed 2007

1201, Marina Diamond Tower 5

Sold prices and rental history: sold once, by the developer in July 2008, and rented since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1201 · DLD and Ejari recordsUpdated 30 April 2016
Last soldAED 916K6 July 2008
Current rentAED 110K /yr30 April 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1201, Marina Diamond Tower 5

What is 1201 worth today?

Last sold for AED 915,980 in 2008

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30 Apr 2016RentedNew contract
AED 110,000/yr12 months · AED 101 per sqft
20 Apr 2013RentedNew contract
AED 95,000/yr12 months · AED 87 per sqft
1 Mar 2012RentedNew contract
AED 68,000/yr12 months · AED 63 per sqft
6 Jul 2008Sold by developerReady
AED 915,980AED 845 per sqft

Source: Dubai Land Department. Updated 30 April 2016.

Key facts

Type
2-bed apartment
Size
1,084 sqft
Floor
12th of 19
Parking
21 B2
Developer
Diamond Developers
Completed
2007
Service charge
AED 15,400 /yr
Last sold
AED 916K · July 2008

About 1201, Marina Diamond Tower 5

1201 is a two-bedroom apartment of 1,084 sqft on the 12th floor of Marina Diamond Tower 5, a 19-storey tower in Dubai Marina completed in 2007 by Diamond Developers. The developer sold it on 6 July 2008 for AED 915,980, or AED 845 per sqft, in line with the AED 845 two-beds in the building were fetching at the time.

It has been rented since 2012 on 3 Ejari contracts. The current contract, signed on 30 April 2016, is AED 110,000 a year: a gross yield of 12.0% on the 2008 price, before the service charge of about AED 15,400 a year.

Sales and rents for 1201 over time

Sales
Unit 1201, each saleTypical two-bed in Marina Diamond Tower 5
500K1M1.5M2008201320182023Typical sale price by year: 2008 AED 907,552; 2009 AED 877,256; 2010 AED 900,000; 2011 AED 650,000; 2012 AED 700,000; 2013 AED 828,989; 2014 AED 805,000; 2015 AED 1,270,000; 2016 AED 1,150,000; 2017 AED 1,100,000; 2018 AED 1,000,000; 2019 AED 830,500; 2020 AED 740,000; 2021 AED 845,500; 2022 AED 950,000; 2023 AED 1,175,000; 2025 AED 1,500,000Sold by developer, July 2008: AED 915,980 (AED 845 per sqft)

1201 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1201, each contractTypical two-bed in Marina Diamond Tower 5
75K100K2012201620202024Typical rent by year: 2012 AED 70,000; 2013 AED 85,000; 2014 AED 100,000; 2015 AED 110,000; 2016 AED 105,000; 2017 AED 100,000; 2018 AED 85,000; 2019 AED 75,000; 2020 AED 65,000; 2021 AED 60,000; 2022 AED 70,000; 2023 AED 90,000; 2024 AED 103,500; 2025 AED 110,000; 2026 AED 108,000New contract, March 2012: AED 68,000 a yearNew contract, April 2013: AED 95,000 a yearNew contract, April 2016: AED 110,000 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 5, and where 1201 sits

All 73 2-beds →

1201 last sold in July 2008 at AED 845 per sqft, in line with what two-beds in Marina Diamond Tower 5 were fetching at the time (AED 845). Over the last 12 months two-beds sold for AED 1,450,000 to 1,650,000, around AED 1,384 per sqft, and rent for AED 36,000 to 150,221 a year. 1201's AED 110,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
2 Oct 20261,450,000
4 Sep 20261,500,000
28 Nov 20251,650,000
17 Oct 20251,450,000
3 2-bed sales in the last 12 months

Marina Diamond Tower 5

Building

190 apartments, 1-bed to 2-bed over 19 floors in Dubai Marina, completed in 2007 by Diamond Developers. 10 sold in the last 12 months.

Typical price per sqft
AED 1,427 Up 0.4%
Typical sale
AED 1.08M
Typical rent
AED 78K /yr
Typical yield
7.0%
Marina Diamond Tower 5, Dubai Marina: prices, sales and rents →

Other units on the 12th floor

All 190 units in Marina Diamond Tower 5
Value
12022-bedAED 1.25M · Jul 2023
12031-bedAED 450K · Aug 2013
12041-bedAED 627K · Oct 2009
12051-bedAED 880K · Nov 2015
12062-bedAED 888K · Jul 2013
12072-bedAED 527K · Jun 2013
12081-bedAED 628K · Mar 2009
1–7 of 9

1201, Marina Diamond Tower 5 in numbers

  • Sold once: by Diamond Developers on 6 July 2008 for AED 915,980, or AED 845 per sqft.
  • Rented since March 2012 on 3 Ejari contracts, from AED 68,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2008 price is 12.0%, before a service charge of about AED 15,400 a year (AED 14.24 per sqft).
  • Two-beds in Marina Diamond Tower 5 sold for AED 1,450,000–1,650,000 in the 12 months to November 2026; the building's median across all types is AED 1,427 per sqft.

Source: Dubai Land Department. Updated 30 April 2016.

Questions about 1201, Marina Diamond Tower 5

What did unit 1201 last sell for?

AED 915,980 on 6 July 2008, sold by the developer: AED 845 per sqft for 1,084 sqft. It is the only registered sale of the unit.

What is the rent for unit 1201?

AED 110,000 a year on the contract signed on 30 April 2016. The previous contract, from April 2013, was AED 95,000; the unit has been rented since March 2012.

How big is unit 1201?

1,084 sqft (100.7 sqm): a two-bedroom apartment on the 12th floor of a 19-storey tower completed in 2007.

What is unit 1201 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 5 sold for AED 1,450,000 to 1,650,000 in the last 12 months, around AED 1,384 per sqft.

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Mortgage on 1201, Marina Diamond Tower 5

Starts from the last sale price (AED 916K, 6 July 2008). Switch to today's estimate once you have unlocked it.
Price
AED 915,980
Deposit, UAE resident (20%)
AED 183,196
Deposit, non-resident (40%)
AED 366,392
Monthly over 25 years at 3.7%
AED 3,748

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