Studio · 401 sqftMarina Diamond Tower 2, Dubai Marina · 5th floor · completed 2007

502, Marina Diamond Tower 2

Sold prices and rental history: sold twice, last in May 2018, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 502 · DLD and Ejari recordsUpdated 1 October 2026
Last soldAED 540K22 May 2018
Current rentAED 55K /yr1 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 502, Marina Diamond Tower 2

What is 502 worth today?

Last sold for AED 540,000 in 2018

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1 Oct 2026RentedNew contract
AED 55,000/yr12 months · AED 138 per sqft
24 Mar 2025RentedNew contract
AED 60,000/yr12 months · AED 151 per sqft
24 Mar 2025RentedNew contract
AED 60,000/yr12 months · AED 151 per sqft
11 Feb 2024RentedNew contract
AED 66,000/yr12 months · AED 166 per sqft
11 Feb 2024RentedNew contract
AED 66,000/yr12 months · AED 166 per sqft
11 Jul 2023RentedRenewal
AED 46,200/yr12 months · AED 116 per sqft
11 Jul 2022RentedNew contract
AED 42,000/yr12 months · AED 105 per sqft
16 Dec 2021RentedNew contract
AED 36,000/yr12 months · AED 90 per sqft

Source: Dubai Land Department. Updated 1 October 2026.

Key facts

Type
Studio apartment
Size
401 sqft
Floor
5th of 15
Parking
29 G.F
Developer
Diamond Developers
Completed
2007
Service charge
AED 7,300 /yr
Last sold
AED 540K · May 2018

About 502, Marina Diamond Tower 2

502 is a studio of 401 sqft on the 5th floor of Marina Diamond Tower 2, a 15-storey tower in Dubai Marina completed in 2007 by Diamond Developers. It last sold on 22 May 2018 for AED 540,000, or AED 1,346 per sqft, 11% below the AED 1,508 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 10 Ejari contracts. The current contract, signed on 1 October 2026, is AED 55,000 a year: a gross yield of 10.2% on the 2018 price, before the service charge of about AED 7,300 a year.

Sales and rents for 502 over time

Sales
Unit 502, each saleTypical studio in Marina Diamond Tower 2
200K400K600K2008201320182023Typical sale price by year: 2008 AED 324,119; 2009 AED 379,328; 2010 AED 401,035; 2011 AED 336,000; 2012 AED 430,000; 2013 AED 520,000; 2014 AED 675,000; 2015 AED 682,500; 2017 AED 650,000; 2018 AED 530,000; 2019 AED 482,500; 2021 AED 390,000; 2022 AED 490,000; 2023 AED 535,000; 2024 AED 650,000; 2025 AED 700,000; 2026 AED 650,000Sold by developer, July 2008: AED 271,358 (AED 676 per sqft)Sold, May 2018: AED 540,000 (AED 1,346 per sqft)

502 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 502, each contractTypical studio in Marina Diamond Tower 2
40K60K2012201620202024Typical rent by year: 2012 AED 41,000; 2013 AED 50,000; 2014 AED 62,000; 2015 AED 63,000; 2016 AED 60,000; 2017 AED 55,000; 2018 AED 48,000; 2019 AED 42,000; 2020 AED 31,000; 2021 AED 31,625; 2022 AED 38,000; 2023 AED 45,540; 2024 AED 55,000; 2025 AED 56,000; 2026 AED 54,000New contract, June 2015: AED 52,000 a yearNew contract, September 2021: AED 36,000 a yearNew contract, December 2021: AED 36,000 a yearNew contract, July 2022: AED 42,000 a yearRenewal, July 2023: AED 46,200 a yearNew contract, February 2024: AED 66,000 a yearNew contract, February 2024: AED 66,000 a yearNew contract, March 2025: AED 60,000 a yearNew contract, March 2025: AED 60,000 a yearNew contract, October 2026: AED 55,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Marina Diamond Tower 2, and where 502 sits

All 87 studios →

502 last sold in May 2018 at AED 1,346 per sqft, 11% below what studios in Marina Diamond Tower 2 were fetching at the time (AED 1,508). Over the last 12 months studios sold for AED 650,000 to 700,000, around AED 1,621 per sqft, and rent for AED 44,000 to 70,000 a year. 502's AED 55,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
6 Oct 2026650,000
11 Mar 2026700,000
6 Jan 2026650,000
30 Jul 2025700,000
3 studio sales in the last 12 months

Marina Diamond Tower 2

Building

276 apartments, studios to 2-bed over 15 floors in Dubai Marina, completed in 2007 by Diamond Developers. 13 sold in the last 12 months.

Typical price per sqft
AED 1,553 Up 9.6%
Typical sale
AED 853K
Typical rent
AED 64K /yr
Typical yield
7.3%
Marina Diamond Tower 2, Dubai Marina: prices, sales and rents →

Other units on the 5th floor

All 276 units in Marina Diamond Tower 2
Value
5012-bedAED 825K · Feb 2019
5032-bedAED 900K · Apr 2023
5041-bedAED 800K · Oct 2013
505StudioAED 400K · Feb 2021
5061-bedAED 585K · Jan 2023
5071-bedAED 400K · Jul 2020
508StudioAED 310K · Apr 2011
1–7 of 17

502, Marina Diamond Tower 2 in numbers

  • Sold twice: first on 6 July 2008 for AED 271,358, last on 22 May 2018 for AED 540,000 (AED 1,346 per sqft).
  • Rented since June 2015 on 10 Ejari contracts. The rent fell from AED 52,000 to AED 36,000 in 2021 and recovered to AED 55,000 by October 2026.
  • At AED 55,000 a year the gross yield on the 2018 price is 10.2%, before a service charge of about AED 7,300 a year (AED 18.33 per sqft).
  • Studios in Marina Diamond Tower 2 sold for AED 650,000–700,000 in the 12 months to November 2026; the building's median across all types is AED 1,553 per sqft.

Source: Dubai Land Department. Updated 1 October 2026.

Questions about 502, Marina Diamond Tower 2

What did unit 502 last sell for?

AED 540,000 on 22 May 2018: AED 1,346 per sqft for 401 sqft. The unit has 2 registered sales; the first was AED 271,358 in July 2008.

What is the rent for unit 502?

AED 55,000 a year on the contract signed on 1 October 2026. The previous contract, from March 2025, was AED 60,000; the unit has been rented since June 2015.

How big is unit 502?

401 sqft (37.3 sqm): a studio on the 5th floor of a 15-storey tower completed in 2007.

What is unit 502 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 2 sold for AED 650,000 to 700,000 in the last 12 months, around AED 1,621 per sqft.

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Mortgage on 502, Marina Diamond Tower 2

Starts from the last sale price (AED 540K, 22 May 2018). Switch to today's estimate once you have unlocked it.
Price
AED 540,000
Deposit, UAE resident (20%)
AED 108,000
Deposit, non-resident (40%)
AED 216,000
Monthly over 25 years at 3.7%
AED 2,209

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