511, Marina Diamond Tower 1
Sold prices and rental history: sold 3 times, last in October 2022, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 511, Marina Diamond Tower 1
What is 511 worth today?
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Source: Dubai Land Department. Updated 1 April 2026.
Key facts
- Type
- Studio apartment
- Size
- 385 sqft
- Floor
- 5th of 14
- Parking
- 179
- Developer
- Diamond Developers
- Completed
- 2006
- Service charge
- AED 7,300 /yr
- Last sold
- AED 435K · October 2022
- Building
- Marina Diamond Tower 1
About 511, Marina Diamond Tower 1
511 is a studio of 385 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 3 October 2022 for AED 435,000, or AED 1,129 per sqft, 3% below the AED 1,166 studios in the building were fetching at the time.
It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, renewed on 1 April 2026, is AED 60,000 a year: a gross yield of 13.8% on the 2022 price, before the service charge of about AED 7,300 a year.
Sales and rents for 511 over time
511 has sold 3 times; 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 511 sits
All 84 studios →511 last sold in October 2022 at AED 1,129 per sqft, 3% below what studios in Marina Diamond Tower 1 were fetching at the time (AED 1,166). 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. 511's AED 60,000 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 | |
| 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 | |
| 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 |
511, Marina Diamond Tower 1 in numbers
- Sold 3 times: first on 5 June 2008 for AED 260,815, last on 3 October 2022 for AED 435,000 (AED 1,129 per sqft).
- Rented since September 2017 on 8 Ejari contracts. The rent fell from AED 55,000 to AED 20,000 in 2022 and recovered to AED 60,000 by April 2026.
- At AED 60,000 a year the gross yield on the 2022 price is 13.8%, before a service charge of about AED 7,300 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 1 April 2026.
Questions about 511, Marina Diamond Tower 1
What did unit 511 last sell for?
AED 435,000 on 3 October 2022: AED 1,129 per sqft for 385 sqft. The unit has 3 registered sales; the first was AED 260,815 in June 2008.
What is the rent for unit 511?
AED 60,000 a year on the contract renewed on 1 April 2026. The previous contract, from April 2025, was AED 60,000; the unit has been rented since September 2017.
How big is unit 511?
385 sqft (35.8 sqm): a studio on the 5th floor of a 14-storey tower completed in 2006.
What is unit 511 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 511, Marina Diamond Tower 1
Starts from the last sale price (AED 435K, 3 October 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 435,000
- Deposit, UAE resident (20%)
- AED 87,000
- Deposit, non-resident (40%)
- AED 174,000
- Monthly over 25 years at 3.7%
- AED 1,780
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →