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

1206, Marina Diamond Tower 5

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

Unit 1206 · DLD and Ejari recordsUpdated 20 December 2023
Last soldAED 888K24 July 2013
Current rentAED 100K /yr20 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1206, Marina Diamond Tower 5

What is 1206 worth today?

Last sold for AED 887,959 in 2013

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20 Dec 2023RentedNew contract
AED 100,000/yr12 months · AED 92 per sqft
20 May 2022RentedRenewal
AED 65,001/yr12 months · AED 60 per sqft
20 May 2021RentedNew contract
AED 55,000/yr12 months · AED 51 per sqft
20 Nov 2019RentedNew contract
AED 68,000/yr12 months · AED 63 per sqft
1 Oct 2018RentedNew contract
AED 85,000/yr12 months · AED 78 per sqft
18 Oct 2016RentedRenewal
AED 120,000/yr12 months · AED 110 per sqft
18 Oct 2015RentedRenewal
AED 117,500/yr12 months · AED 108 per sqft
18 Oct 2014RentedNew contract
AED 113,000/yr12 months · AED 104 per sqft

Source: Dubai Land Department. Updated 20 December 2023.

Key facts

Type
2-bed apartment
Size
1,084 sqft
Floor
12th of 19
Parking
26 B2
Developer
Diamond Developers
Completed
2007
Service charge
AED 15,400 /yr
Last sold
AED 888K · July 2013

About 1206, Marina Diamond Tower 5

1206 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 24 July 2013 for AED 887,959, or AED 819 per sqft, in line with the AED 819 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 20 December 2023, is AED 100,000 a year: a gross yield of 11.3% on the 2013 price, before the service charge of about AED 15,400 a year.

Sales and rents for 1206 over time

Sales
Unit 1206, 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 2013: AED 887,959 (AED 819 per sqft)

1206 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1206, each contractTypical two-bed in Marina Diamond Tower 5
50K100K2012201620202024Typical 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, October 2013: AED 110,000 a yearNew contract, October 2014: AED 113,000 a yearRenewal, October 2015: AED 117,500 a yearRenewal, October 2016: AED 120,000 a yearNew contract, October 2018: AED 85,000 a yearNew contract, November 2019: AED 68,000 a yearNew contract, May 2021: AED 55,000 a yearRenewal, May 2022: AED 65,001 a yearNew contract, December 2023: AED 100,000 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 1206 sits

All 73 2-beds →

1206 last sold in July 2013 at AED 819 per sqft, in line with what two-beds in Marina Diamond Tower 5 were fetching at the time (AED 819). 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. 1206's AED 100,000 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
12012-bedAED 916K · Jul 2008
12022-bedAED 1.25M · Jul 2023
12031-bedAED 450K · Aug 2013
12041-bedAED 627K · Oct 2009
12051-bedAED 880K · Nov 2015
12072-bedAED 527K · Jun 2013
12081-bedAED 628K · Mar 2009
1–7 of 9

1206, Marina Diamond Tower 5 in numbers

  • Sold once: by Diamond Developers on 24 July 2013 for AED 887,959, or AED 819 per sqft.
  • Rented since October 2013 on 9 Ejari contracts. The rent fell from AED 110,000 to AED 55,000 in 2021 and recovered to AED 100,000 by December 2023.
  • At AED 100,000 a year the gross yield on the 2013 price is 11.3%, 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 20 December 2023.

Questions about 1206, Marina Diamond Tower 5

What did unit 1206 last sell for?

AED 887,959 on 24 July 2013, sold by the developer: AED 819 per sqft for 1,084 sqft. It is the only registered sale of the unit.

What is the rent for unit 1206?

AED 100,000 a year on the contract signed on 20 December 2023. The previous contract, from May 2022, was AED 65,001; the unit has been rented since October 2013.

How big is unit 1206?

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 1206 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 1206, Marina Diamond Tower 5

Starts from the last sale price (AED 888K, 24 July 2013). Switch to today's estimate once you have unlocked it.
Price
AED 887,959
Deposit, UAE resident (20%)
AED 177,592
Deposit, non-resident (40%)
AED 355,184
Monthly over 25 years at 3.7%
AED 3,633

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