509, Marina Diamond Tower 1
Sold prices and rental history: sold once, by the developer in June 2008, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 509, Marina Diamond Tower 1
What is 509 worth today?
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Source: Dubai Land Department. Updated 18 December 2025.
Key facts
- Type
- Studio apartment
- Size
- 374 sqft
- Floor
- 5th of 14
- Parking
- 175
- Developer
- Diamond Developers
- Completed
- 2006
- Service charge
- AED 7,100 /yr
- Last sold
- AED 475K · June 2008
- Building
- Marina Diamond Tower 1
About 509, Marina Diamond Tower 1
509 is a studio of 374 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 5 June 2008 for AED 475,000, or AED 1,269 per sqft, 91% above the AED 666 studios in the building were fetching at the time.
It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, signed on 18 December 2025, is AED 56,000 a year: a gross yield of 11.8% on the 2008 price, before the service charge of about AED 7,100 a year.
Sales and rents for 509 over time
509 has sold once; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Marina Diamond Tower 1, and where 509 sits
All 84 studios →509 last sold in June 2008 at AED 1,269 per sqft, 91% above what studios in Marina Diamond Tower 1 were fetching at the time (AED 666). Over the last 12 months studios sold for AED 672,000 to 775,000, around AED 1,911 per sqft, and rent for AED 26,000 to 75,000 a year. 509's AED 56,000 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Aug 20264 August 2026 | 385 sqft | 775,000 | 2,012 | ||
| 15 Jul 202615 July 2026 | 374 sqft | 715,000 | 1,911 | ||
| 5 Jun 20265 June 2026 | 363 sqft | 672,000 | 1,851 | ||
| 9 Oct 20259 October 2025 | 374 sqft | 660,000 | 1,764 |
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 | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 983 sqft | AED 561KAED 560,870 · May 2008May 2008 | 80,359 /yr | |
| 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 | |
| 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 |
509, Marina Diamond Tower 1 in numbers
- Sold once: by Diamond Developers on 5 June 2008 for AED 475,000, or AED 1,269 per sqft.
- Rented since July 2020 on 6 Ejari contracts, from AED 31,000 to AED 56,000 a year.
- At AED 56,000 a year the gross yield on the 2008 price is 11.8%, before a service charge of about AED 7,100 a year (AED 18.89 per sqft).
- Studios in Marina Diamond Tower 1 sold for AED 672,000–775,000 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 18 December 2025.
Questions about 509, Marina Diamond Tower 1
What did unit 509 last sell for?
AED 475,000 on 5 June 2008, sold by the developer: AED 1,269 per sqft for 374 sqft. It is the only registered sale of the unit.
What is the rent for unit 509?
AED 56,000 a year on the contract signed on 18 December 2025. The previous contract, from November 2024, was AED 60,000; the unit has been rented since July 2020.
How big is unit 509?
374 sqft (34.7 sqm): a studio on the 5th floor of a 14-storey tower completed in 2006.
What is unit 509 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Marina Diamond Tower 1 sold for AED 672,000 to 775,000 in the last 12 months, around AED 1,911 per sqft.
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Mortgage on 509, Marina Diamond Tower 1
Starts from the last sale price (AED 475K, 5 June 2008). Switch to today's estimate once you have unlocked it.- Price
- AED 475,000
- Deposit, UAE resident (20%)
- AED 95,000
- Deposit, non-resident (40%)
- AED 190,000
- Monthly over 25 years at 3.7%
- AED 1,943
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →