501, Marina Diamond Tower 1
Sold prices and rental history: sold once, by the developer in May 2008, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 501, Marina Diamond Tower 1
What is 501 worth today?
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Source: Dubai Land Department. Updated 30 August 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 983 sqft
- Floor
- 5th of 14
- Parking
- 41
- Developer
- Diamond Developers
- Completed
- 2006
- Service charge
- AED 18,600 /yr
- Last sold
- AED 561K · May 2008
- Building
- Marina Diamond Tower 1
About 501, Marina Diamond Tower 1
501 is a two-bedroom apartment of 983 sqft on the 5th floor of Marina Diamond Tower 1, a 14-storey tower in Dubai Marina completed in 2006 by Diamond Developers. The developer sold it on 26 May 2008 for AED 560,870, or AED 570 per sqft, in line with the AED 565 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 15 Ejari contracts. The current contract, renewed on 30 August 2025, is AED 80,359 a year: a gross yield of 14.3% on the 2008 price, before the service charge of about AED 18,600 a year.
Sales and rents for 501 over time
501 has sold once; the dashed line is the two-bed median of each year in the building.
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 1, and where 501 sits
All 52 2-beds →501 last sold in May 2008 at AED 570 per sqft, in line with what two-beds in Marina Diamond Tower 1 were fetching at the time (AED 565). Over the last 12 months two-beds sold for AED 1,310,000, around AED 1,332 per sqft, and rent for AED 75,000 to 130,000 a year. 501's AED 80,359 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 14 May 202614 May 2026 | 983 sqft | 1,310,000 | 1,332 | ||
| 28 Jul 202528 July 2025 | 983 sqft | 1,285,000 | 1,307 | ||
| 15 Jan 202515 January 2025 | 983 sqft | 1,225,000 | 1,246 | ||
| 23 Dec 202423 December 2024 | 1,135 sqft | 1,220,000 | 1,074 |
Marina Diamond Tower 1
Building183 apartments, studios to 2-bed over 14 floors in Dubai Marina, completed in 2006 by Diamond Developers. 10 sold in the last 12 months.
- Typical price per sqft
- AED 1,413 Down 9.1%
- Typical sale
- AED 995K
- Typical rent
- AED 58K /yr
- Typical yield
- 9.1%
Other units on the 5th floor
All 183 units in Marina Diamond Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 502 | 2-bed | 983 sqft | AED 1MAED 1,000,000 · Nov 2022November 2022 | 100,000 /yr | |
| 503 | 1-bed | 719 sqft | AED 820KAED 820,000 · Aug 2017August 2017 | 62,000 /yr | |
| 504 | 1-bed | 836 sqft | AED 965KAED 965,000 · Dec 2024December 2024 | 80,000 /yr | |
| 505 | 1-bed | 789 sqft | AED 377KAED 377,475 · Jul 2008July 2008 | 60,000 /yr | |
| 506 | 2-bed | 983 sqft | AED 590KAED 590,106 · Jul 2008July 2008 | 70,000 /yr | |
| 507 | 2-bed | 983 sqft | AED 560KAED 560,303 · Jul 2008July 2008 | ||
| 508 | Studio | 363 sqft | AED 425KAED 425,000 · Jul 2008July 2008 | 28,000 /yr | |
| 509 | Studio | 374 sqft | AED 475KAED 475,000 · Jun 2008June 2008 | 56,000 /yr | |
| 510 | Studio | 385 sqft | AED 495KAED 495,000 · Mar 2023March 2023 | 36,000 /yr | |
| 511 | Studio | 385 sqft | AED 435KAED 435,000 · Oct 2022October 2022 | 60,000 /yr | |
| 512 | Studio | 379 sqft | AED 610KAED 610,000 · Nov 2023November 2023 | 68,000 /yr | |
| 513 | Studio | 184 sqft | AED 376KAED 376,000 · Nov 2023November 2023 | 58,000 /yr |
501, Marina Diamond Tower 1 in numbers
- Sold once: by Diamond Developers on 26 May 2008 for AED 560,870, or AED 570 per sqft.
- Rented since June 2013 on 15 Ejari contracts, from AED 60,000 to AED 80,359 a year.
- At AED 80,359 a year the gross yield on the 2008 price is 14.3%, before a service charge of about AED 18,600 a year (AED 18.89 per sqft).
- Two-beds in Marina Diamond Tower 1 sold for AED 1,310,000–1,310,000 in the 12 months to November 2026; the building's median across all types is AED 1,413 per sqft.
Source: Dubai Land Department. Updated 30 August 2025.
Questions about 501, Marina Diamond Tower 1
What did unit 501 last sell for?
AED 560,870 on 26 May 2008, sold by the developer: AED 570 per sqft for 983 sqft. It is the only registered sale of the unit.
What is the rent for unit 501?
AED 80,359 a year on the contract renewed on 30 August 2025. The previous contract, from August 2024, was AED 76,533; the unit has been rented since June 2013.
How big is unit 501?
983 sqft (91.3 sqm): a two-bedroom apartment on the 5th floor of a 14-storey tower completed in 2006.
What is unit 501 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 1 sold for AED 1,310,000 to 1,310,000 in the last 12 months, around AED 1,332 per sqft.
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Mortgage on 501, Marina Diamond Tower 1
Starts from the last sale price (AED 561K, 26 May 2008). Switch to today's estimate once you have unlocked it.- Price
- AED 560,870
- Deposit, UAE resident (20%)
- AED 112,174
- Deposit, non-resident (40%)
- AED 224,348
- Monthly over 25 years at 3.7%
- AED 2,295
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →