2-bed · 983 sqftMarina Diamond Tower 1, Dubai Marina · 5th floor · completed 2006

502, Marina Diamond Tower 1

Sold prices and rental history: sold 3 times, last in November 2022, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 502 · DLD and Ejari recordsUpdated 28 January 2026
Last soldAED 1M25 November 2022
Current rentAED 100K /yr28 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 502, Marina Diamond Tower 1

What is 502 worth today?

Last sold for AED 1,000,000 in 2022

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28 Jan 2026RentedNew contract
AED 100,000/yr12 months · AED 102 per sqft
28 Jan 2025RentedRenewal
AED 100,000/yr12 months · AED 102 per sqft
28 Jan 2024RentedRenewal
AED 93,500/yr12 months · AED 95 per sqft
28 Jan 2024RentedRenewal
AED 93,500/yr12 months · AED 95 per sqft
28 Jan 2023RentedNew contract
AED 85,000/yr12 months · AED 86 per sqft
25 Nov 2022SoldReady
AED 1,000,000AED 1,017 per sqft
12 Jan 2020RentedNew contract
AED 63,000/yr12 months · AED 64 per sqft
18 Sep 2018RentedRenewal
AED 87,400/yr12 months · AED 89 per sqft

Source: Dubai Land Department. Updated 28 January 2026.

Key facts

Type
2-bed apartment
Size
983 sqft
Floor
5th of 14
Parking
42
Developer
Diamond Developers
Completed
2006
Service charge
AED 18,600 /yr
Last sold
AED 1M · November 2022

About 502, Marina Diamond Tower 1

502 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. It last sold on 25 November 2022 for AED 1,000,000, or AED 1,017 per sqft, 18% above the AED 864 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 13 Ejari contracts. The current contract, signed on 28 January 2026, is AED 100,000 a year: a gross yield of 10.0% on the 2022 price, before the service charge of about AED 18,600 a year.

Sales and rents for 502 over time

Sales
Unit 502, each saleTypical two-bed in Marina Diamond Tower 1
500K1M2008201320182023Typical sale price by year: 2008 AED 584,145; 2009 AED 584,400; 2010 AED 635,000; 2011 AED 595,828; 2012 AED 720,000; 2013 AED 700,000; 2014 AED 1,192,500; 2015 AED 1,187,500; 2016 AED 1,050,000; 2017 AED 1,000,000; 2018 AED 990,000; 2021 AED 758,784; 2022 AED 925,000; 2023 AED 1,165,000; 2024 AED 1,225,000Sold by developer, June 2008: AED 536,718 (AED 546 per sqft)Sold, October 2009: AED 900,000 (AED 915 per sqft)Sold, November 2022: AED 1,000,000 (AED 1,017 per sqft)

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

Rents
Unit 502, each contractTypical two-bed in Marina Diamond Tower 1
50K75K100K2012201620202024Typical rent by year: 2012 AED 70,000; 2013 AED 80,000; 2014 AED 85,500; 2015 AED 105,000; 2016 AED 101,000; 2017 AED 95,000; 2018 AED 85,000; 2019 AED 72,000; 2020 AED 60,000; 2021 AED 55,000; 2022 AED 66,000; 2023 AED 88,000; 2024 AED 98,500; 2025 AED 100,000; 2026 AED 97,500New contract, February 2012: AED 60,000 a yearNew contract, February 2013: AED 63,000 a yearNew contract, February 2014: AED 70,000 a yearNew contract, May 2016: AED 95,000 a yearNew contract, September 2016: AED 95,000 a yearRenewal, September 2017: AED 95,000 a yearRenewal, September 2018: AED 87,400 a yearNew contract, January 2020: AED 63,000 a yearNew contract, January 2023: AED 85,000 a yearRenewal, January 2024: AED 93,500 a yearRenewal, January 2024: AED 93,500 a yearRenewal, January 2025: AED 100,000 a yearNew contract, January 2026: 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 1, and where 502 sits

All 52 2-beds →

502 last sold in November 2022 at AED 1,017 per sqft, 18% above what two-beds in Marina Diamond Tower 1 were fetching at the time (AED 864). 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. 502's AED 100,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
14 May 20261,310,000
28 Jul 20251,285,000
15 Jan 20251,225,000
23 Dec 20241,220,000
1 2-bed sale in the last 12 months

Marina Diamond Tower 1

Building

183 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%
Marina Diamond Tower 1, Dubai Marina: prices, sales and rents →

Other units on the 5th floor

All 183 units in Marina Diamond Tower 1
Value
5012-bedAED 561K · May 2008
5031-bedAED 820K · Aug 2017
5041-bedAED 965K · Dec 2024
5051-bedAED 377K · Jul 2008
5062-bedAED 590K · Jul 2008
5072-bedAED 560K · Jul 2008
508StudioAED 425K · Jul 2008
1–7 of 12

502, Marina Diamond Tower 1 in numbers

  • Sold 3 times: first on 5 June 2008 for AED 536,718, last on 25 November 2022 for AED 1,000,000 (AED 1,017 per sqft).
  • Rented since February 2012 on 13 Ejari contracts, from AED 60,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2022 price is 10.0%, 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 28 January 2026.

Questions about 502, Marina Diamond Tower 1

What did unit 502 last sell for?

AED 1,000,000 on 25 November 2022: AED 1,017 per sqft for 983 sqft. The unit has 3 registered sales; the first was AED 536,718 in June 2008.

What is the rent for unit 502?

AED 100,000 a year on the contract signed on 28 January 2026. The previous contract, from January 2025, was AED 100,000; the unit has been rented since February 2012.

How big is unit 502?

983 sqft (91.3 sqm): a two-bedroom apartment on the 5th floor of a 14-storey tower completed in 2006.

What is unit 502 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 502, Marina Diamond Tower 1

Starts from the last sale price (AED 1M, 25 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

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