2-bed · 1,084 sqftMarina Diamond Tower 6, Dubai Marina · 16th floor · completed 2008

1601, Marina Diamond Tower 6

Sold prices and rental history: sold 3 times, last in May 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1601 · DLD and Ejari recordsUpdated 2 October 2024
Last soldAED 1.33M29 May 2023
Current rentAED 115K /yr2 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1601, Marina Diamond Tower 6

What is 1601 worth today?

Last sold for AED 1,330,000 in 2023

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2 Oct 2024RentedNew contract
AED 115,000/yr12 months · AED 106 per sqft
2 Oct 2024RentedNew contract
AED 115,000/yr12 months · AED 106 per sqft
29 May 2023SoldReady
AED 1,330,000AED 1,226 per sqft
5 Aug 2022RentedNew contract
AED 85,000/yr12 months · AED 78 per sqft
5 Aug 2021RentedRenewal
AED 63,000/yr12 months · AED 58 per sqft
5 Aug 2020RentedRenewal
AED 63,000/yr12 months · AED 58 per sqft
5 Aug 2019RentedRenewal
AED 85,000/yr12 months · AED 78 per sqft
5 Aug 2018RentedNew contract
AED 90,000/yr12 months · AED 83 per sqft

Source: Dubai Land Department. Updated 2 October 2024.

Key facts

Type
2-bed apartment
Size
1,084 sqft
Floor
16th of 19
Parking
56 B1
Developer
Diamond Developers
Completed
2008
Service charge
AED 20,100 /yr
Last sold
AED 1.33M · May 2023

About 1601, Marina Diamond Tower 6

1601 is a two-bedroom apartment of 1,084 sqft on the 16th floor of Marina Diamond Tower 6, a 19-storey tower in Dubai Marina completed in 2008 by Diamond Developers. It last sold on 29 May 2023 for AED 1,330,000, or AED 1,226 per sqft, 29% above the AED 952 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, signed on 2 October 2024, is AED 115,000 a year: a gross yield of 8.6% on the 2023 price, before the service charge of about AED 20,100 a year.

Sales and rents for 1601 over time

Sales
Unit 1601, each saleTypical two-bed in Marina Diamond Tower 6
500K1M1.5M2008201320182023Typical sale price by year: 2008 AED 910,280; 2009 AED 893,496; 2010 AED 887,633; 2011 AED 824,510; 2012 AED 830,000; 2013 AED 1,200,000; 2014 AED 1,117,069; 2016 AED 1,250,000; 2017 AED 1,150,000; 2018 AED 1,090,000; 2019 AED 850,000; 2021 AED 759,513; 2022 AED 870,000; 2023 AED 1,100,000; 2024 AED 1,232,500; 2025 AED 1,465,000; 2026 AED 1,387,500Sold by developer, February 2014: AED 454,736 (AED 419 per sqft)Sold, June 2014: AED 812,500 (AED 749 per sqft)Sold, May 2023: AED 1,330,000 (AED 1,226 per sqft)

1601 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1601, each contractTypical two-bed in Marina Diamond Tower 6
75K100K2012201620202024Typical rent by year: 2012 AED 74,000; 2013 AED 80,000; 2014 AED 105,000; 2015 AED 105,000; 2016 AED 101,000; 2017 AED 95,000; 2018 AED 83,500; 2019 AED 75,000; 2020 AED 60,000; 2021 AED 60,000; 2022 AED 70,000; 2023 AED 82,972; 2024 AED 97,200; 2025 AED 105,000; 2026 AED 92,610New contract, June 2017: AED 110,000 a yearNew contract, August 2018: AED 90,000 a yearRenewal, August 2019: AED 85,000 a yearRenewal, August 2020: AED 63,000 a yearRenewal, August 2021: AED 63,000 a yearNew contract, August 2022: AED 85,000 a yearNew contract, October 2024: AED 115,000 a yearNew contract, October 2024: AED 115,000 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 6, and where 1601 sits

All 76 2-beds →

1601 last sold in May 2023 at AED 1,226 per sqft, 29% above what two-beds in Marina Diamond Tower 6 were fetching at the time (AED 952). Over the last 12 months two-beds sold for AED 1,200,000 to 1,550,000, around AED 1,280 per sqft, and rent for AED 75,000 to 124,000 a year. 1601's AED 115,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
26 Oct 20261,200,000
18 Jun 20261,250,000
7 Apr 20261,550,000
19 Feb 20261,525,000
4 2-bed sales in the last 12 months

Marina Diamond Tower 6

Building

190 apartments, 1-bed to 2-bed over 19 floors in Dubai Marina, completed in 2008 by Diamond Developers. 15 sold in the last 12 months.

Typical price per sqft
AED 1,416 Up 8.1%
Typical sale
AED 1.03M
Typical rent
AED 79K /yr
Typical yield
6.9%
Marina Diamond Tower 6, Dubai Marina: prices, sales and rents →

Other units on the 16th floor

All 190 units in Marina Diamond Tower 6
Value
16022-bedAED 1.7M · Oct 2008
16031-bedAED 940K · Sep 2024
16041-bedAED 900K · Feb 2014
16051-bedAED 1.03M · May 2026
16062-bedAED 1.42M · Aug 2008
16072-bedAED 1.4M · Jul 2008
16081-bedAED 555K · Jan 2021
1–7 of 9

1601, Marina Diamond Tower 6 in numbers

  • Sold 3 times: first on 23 February 2014 for AED 454,736, last on 29 May 2023 for AED 1,330,000 (AED 1,226 per sqft).
  • Rented since June 2017 on 8 Ejari contracts. The rent fell from AED 110,000 to AED 63,000 in 2021 and recovered to AED 115,000 by October 2024.
  • At AED 115,000 a year the gross yield on the 2023 price is 8.6%, before a service charge of about AED 20,100 a year (AED 18.50 per sqft).
  • Two-beds in Marina Diamond Tower 6 sold for AED 1,200,000–1,550,000 in the 12 months to November 2026; the building's median across all types is AED 1,416 per sqft.

Source: Dubai Land Department. Updated 2 October 2024.

Questions about 1601, Marina Diamond Tower 6

What did unit 1601 last sell for?

AED 1,330,000 on 29 May 2023: AED 1,226 per sqft for 1,084 sqft. The unit has 3 registered sales; the first was AED 454,736 in February 2014.

What is the rent for unit 1601?

AED 115,000 a year on the contract signed on 2 October 2024. The previous contract, from October 2024, was AED 115,000; the unit has been rented since June 2017.

How big is unit 1601?

1,084 sqft (100.7 sqm): a two-bedroom apartment on the 16th floor of a 19-storey tower completed in 2008.

What is unit 1601 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 6 sold for AED 1,200,000 to 1,550,000 in the last 12 months, around AED 1,280 per sqft.

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Mortgage on 1601, Marina Diamond Tower 6

Starts from the last sale price (AED 1.33M, 29 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,330,000
Deposit, UAE resident (20%)
AED 266,000
Deposit, non-resident (40%)
AED 532,000
Monthly over 25 years at 3.7%
AED 5,441

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