1-bed · 769 sqftMarina Diamond Tower 5, Dubai Marina · 12th floor · completed 2007

1204, Marina Diamond Tower 5

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

Unit 1204 · DLD and Ejari recordsUpdated 7 January 2024
Last soldAED 627K21 October 2009
Current rentAED 63K /yr7 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1204, Marina Diamond Tower 5

What is 1204 worth today?

Last sold for AED 626,735 in 2009

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7 Jan 2024RentedRenewal
AED 63,000/yr12 months · AED 82 per sqft
7 Jan 2023RentedNew contract
AED 60,000/yr12 months · AED 79 per sqft
1 Dec 2020RentedNew contract
AED 40,000/yr12 months · AED 52 per sqft
9 Nov 2019RentedNew contract
AED 55,000/yr12 months · AED 72 per sqft
10 Nov 2016RentedNew contract
AED 70,000/yr12 months · AED 91 per sqft
11 Sep 2014RentedRenewal
AED 72,450/yr12 months · AED 94 per sqft
11 Sep 2013RentedNew contract
AED 63,000/yr12 months · AED 82 per sqft
11 Sep 2012RentedNew contract
AED 60,000/yr12 months · AED 79 per sqft

Source: Dubai Land Department. Updated 7 January 2024.

Key facts

Type
1-bed apartment
Size
769 sqft
Floor
12th of 19
Parking
24 B2
Developer
Diamond Developers
Completed
2007
Service charge
AED 10,900 /yr
Last sold
AED 627K · October 2009

About 1204, Marina Diamond Tower 5

1204 is a one-bedroom apartment of 769 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 21 October 2009 for AED 626,735, or AED 815 per sqft, in line with the AED 827 one-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 7 January 2024, is AED 63,000 a year: a gross yield of 10.1% on the 2009 price, before the service charge of about AED 10,900 a year.

Sales and rents for 1204 over time

Sales
Unit 1204, each saleTypical one-bed in Marina Diamond Tower 5
500K1M2008201320182023Typical sale price by year: 2008 AED 618,335; 2009 AED 620,968; 2010 AED 560,000; 2011 AED 527,500; 2012 AED 580,000; 2013 AED 750,000; 2014 AED 1,022,500; 2015 AED 895,000; 2016 AED 800,000; 2017 AED 877,500; 2018 AED 800,000; 2019 AED 475,000; 2020 AED 530,000; 2021 AED 595,250; 2022 AED 700,000; 2023 AED 842,500; 2024 AED 1,075,000; 2025 AED 1,050,000; 2026 AED 960,000Sold by developer, October 2009: AED 626,735 (AED 815 per sqft)

1204 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1204, each contractTypical one-bed in Marina Diamond Tower 5
40K60K80K20112015201920232027Typical rent by year: 2011 AED 52,000; 2012 AED 55,000; 2013 AED 60,000; 2014 AED 75,000; 2015 AED 82,000; 2016 AED 80,000; 2017 AED 75,000; 2018 AED 65,000; 2019 AED 56,000; 2020 AED 50,000; 2021 AED 45,000; 2022 AED 50,000; 2023 AED 64,500; 2024 AED 73,750; 2025 AED 75,000; 2026 AED 72,000New contract, September 2012: AED 60,000 a yearNew contract, September 2013: AED 63,000 a yearRenewal, September 2014: AED 72,450 a yearNew contract, November 2016: AED 70,000 a yearNew contract, November 2019: AED 55,000 a yearNew contract, December 2020: AED 40,000 a yearNew contract, January 2023: AED 60,000 a yearRenewal, January 2024: AED 63,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Marina Diamond Tower 5, and where 1204 sits

All 115 1-beds →

1204 last sold in October 2009 at AED 815 per sqft, in line with what one-beds in Marina Diamond Tower 5 were fetching at the time (AED 827). Over the last 12 months one-beds sold for AED 875,000 to 1,175,000, around AED 1,469 per sqft, and rent for AED 55,000 to 134,400 a year. 1204's AED 63,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
6 Oct 2026960,000
1 Sep 2026889,814
2 Apr 2026875,000
11 Mar 20261,175,000
7 1-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
12012-bedAED 916K · Jul 2008
12022-bedAED 1.25M · Jul 2023
12031-bedAED 450K · Aug 2013
12051-bedAED 880K · Nov 2015
12062-bedAED 888K · Jul 2013
12072-bedAED 527K · Jun 2013
12081-bedAED 628K · Mar 2009
1–7 of 9

1204, Marina Diamond Tower 5 in numbers

  • Sold once: by Diamond Developers on 21 October 2009 for AED 626,735, or AED 815 per sqft.
  • Rented since September 2012 on 8 Ejari contracts. The rent fell from AED 60,000 to AED 40,000 in 2020 and recovered to AED 63,000 by January 2024.
  • At AED 63,000 a year the gross yield on the 2009 price is 10.1%, before a service charge of about AED 10,900 a year (AED 14.24 per sqft).
  • One-beds in Marina Diamond Tower 5 sold for AED 875,000–1,175,000 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 7 January 2024.

Questions about 1204, Marina Diamond Tower 5

What did unit 1204 last sell for?

AED 626,735 on 21 October 2009, sold by the developer: AED 815 per sqft for 769 sqft. It is the only registered sale of the unit.

What is the rent for unit 1204?

AED 63,000 a year on the contract renewed on 7 January 2024. The previous contract, from January 2023, was AED 60,000; the unit has been rented since September 2012.

How big is unit 1204?

769 sqft (71.4 sqm): a one-bedroom apartment on the 12th floor of a 19-storey tower completed in 2007.

What is unit 1204 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Marina Diamond Tower 5 sold for AED 875,000 to 1,175,000 in the last 12 months, around AED 1,469 per sqft.

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Mortgage on 1204, Marina Diamond Tower 5

Starts from the last sale price (AED 627K, 21 October 2009). Switch to today's estimate once you have unlocked it.
Price
AED 626,735
Deposit, UAE resident (20%)
AED 125,347
Deposit, non-resident (40%)
AED 250,694
Monthly over 25 years at 3.7%
AED 2,564

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