2-bed · 1,084 sqftMarina Diamond Tower 6, Dubai Marina · 4th floor · completed 2008

407, Marina Diamond Tower 6

Sold prices and rental history: sold once, by the developer in May 2010, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407 · DLD and Ejari recordsUpdated 15 March 2022
Last soldAED 835K3 May 2010
Current rentAED 38K /yr15 March 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, Marina Diamond Tower 6

What is 407 worth today?

Last sold for AED 835,000 in 2010

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15 Mar 2022RentedRenewal
AED 37,895/yr19 months · AED 35 per sqft
15 Mar 2022RentedNew contract
AED 102,857/yr7 months · AED 95 per sqft
15 Mar 2021RentedNew contract
AED 60,000/yr12 months · AED 55 per sqft
1 Jan 2020RentedRenewal
AED 90,000/yr13 months · AED 83 per sqft
1 Jan 2019RentedRenewal
AED 90,000/yr12 months · AED 83 per sqft
1 Jan 2018RentedRenewal
AED 90,000/yr12 months · AED 83 per sqft
1 Jan 2017RentedRenewal
AED 90,000/yr12 months · AED 83 per sqft
1 Jan 2016RentedRenewal
AED 90,000/yr12 months · AED 83 per sqft

Source: Dubai Land Department. Updated 15 March 2022.

Key facts

Type
2-bed apartment
Size
1,084 sqft
Floor
4th of 19
Parking
37 B2
Developer
Diamond Developers
Completed
2008
Service charge
AED 20,100 /yr
Last sold
AED 835K · May 2010

About 407, Marina Diamond Tower 6

407 is a two-bedroom apartment of 1,084 sqft on the 4th floor of Marina Diamond Tower 6, a 19-storey tower in Dubai Marina completed in 2008 by Diamond Developers. The developer sold it on 3 May 2010 for AED 835,000, or AED 770 per sqft, 5% below the AED 813 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, renewed on 15 March 2022, is AED 37,895 a year: a gross yield of 4.5% on the 2010 price, before the service charge of about AED 20,100 a year.

Sales and rents for 407 over time

Sales
Unit 407, each saleTypical two-bed in Marina Diamond Tower 6
1M1.5M2008201320182023Typical 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, May 2010: AED 835,000 (AED 770 per sqft)

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

Rents
Unit 407, each contractTypical two-bed in Marina Diamond Tower 6
50K100K2012201620202024Typical 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, January 2014: AED 74,750 a yearNew contract, January 2015: AED 80,000 a yearRenewal, January 2016: AED 90,000 a yearRenewal, January 2017: AED 90,000 a yearRenewal, January 2018: AED 90,000 a yearRenewal, January 2019: AED 90,000 a yearRenewal, January 2020: AED 90,000 a yearNew contract, March 2021: AED 60,000 a yearRenewal, March 2022: AED 37,895 a yearNew contract, March 2022: AED 102,857 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 407 sits

All 76 2-beds →

407 last sold in May 2010 at AED 770 per sqft, 5% below what two-beds in Marina Diamond Tower 6 were fetching at the time (AED 813). 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. 407's AED 37,895 is at the bottom 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 4th floor

All 190 units in Marina Diamond Tower 6
Value
4012-bedAED 1.5M · Jan 2025
4022-bedAED 755K · May 2021
4031-bedAED 860K · Sep 2024
4041-bedAED 720K · Apr 2013
4051-bedAED 552K · Oct 2008
4062-bedAED 1.33M · Jul 2017
4081-bedAED 557K · Mar 2009
1–7 of 9

407, Marina Diamond Tower 6 in numbers

  • Sold once: by Diamond Developers on 3 May 2010 for AED 835,000, or AED 770 per sqft.
  • Rented since January 2014 on 10 Ejari contracts, from AED 74,750 to AED 37,895 a year.
  • At AED 37,895 a year the gross yield on the 2010 price is 4.5%, 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 15 March 2022.

Questions about 407, Marina Diamond Tower 6

What did unit 407 last sell for?

AED 835,000 on 3 May 2010, sold by the developer: AED 770 per sqft for 1,084 sqft. It is the only registered sale of the unit.

What is the rent for unit 407?

AED 37,895 a year on the contract renewed on 15 March 2022. The previous contract, from March 2022, was AED 102,857; the unit has been rented since January 2014.

How big is unit 407?

1,084 sqft (100.7 sqm): a two-bedroom apartment on the 4th floor of a 19-storey tower completed in 2008.

What is unit 407 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 407, Marina Diamond Tower 6

Starts from the last sale price (AED 835K, 3 May 2010). Switch to today's estimate once you have unlocked it.
Price
AED 835,000
Deposit, UAE resident (20%)
AED 167,000
Deposit, non-resident (40%)
AED 334,000
Monthly over 25 years at 3.7%
AED 3,416

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