2-bed · 963 sqftMarina Diamond Tower 2, Dubai Marina · 5th floor · completed 2007

503, Marina Diamond Tower 2

Sold prices and rental history: sold twice, last in April 2023, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 503 · DLD and Ejari recordsUpdated 10 May 2025
Last soldAED 900K3 April 2023
Current rentAED 104K /yr10 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 503, Marina Diamond Tower 2

What is 503 worth today?

Last sold for AED 900,000 in 2023

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10 May 2025RentedRenewal
AED 103,500/yr12 months · AED 108 per sqft
10 May 2025RentedRenewal
AED 103,500/yr12 months · AED 108 per sqft
10 May 2024RentedNew contract
AED 105,000/yr12 months · AED 110 per sqft
10 May 2024RentedNew contract
AED 105,000/yr12 months · AED 110 per sqft
10 May 2023RentedNew contract
AED 87,000/yr12 months · AED 91 per sqft
3 Apr 2023SoldReady
AED 900,000AED 934 per sqft
22 Feb 2023Sold by developerReady
AED 579,714AED 601 per sqft

Source: Dubai Land Department. Updated 10 May 2025.

Key facts

Type
2-bed apartment
Size
963 sqft
Floor
5th of 15
Parking
36 B1
Developer
Diamond Developers
Completed
2007
Service charge
AED 17,700 /yr
Last sold
AED 900K · April 2023

About 503, Marina Diamond Tower 2

503 is a two-bedroom apartment of 963 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 3 April 2023 for AED 900,000, or AED 934 per sqft, 15% above the AED 814 two-beds in the building were fetching at the time.

It has been rented continuously since 2023 on 5 Ejari contracts. The current contract, renewed on 10 May 2025, is AED 103,500 a year: a gross yield of 11.5% on the 2023 price, before the service charge of about AED 17,700 a year.

Sales and rents for 503 over time

Sales
Unit 503, each saleTypical two-bed in Marina Diamond Tower 2
500K1M2008201320182023Typical sale price by year: 2008 AED 610,457; 2009 AED 614,905; 2010 AED 722,500; 2011 AED 644,236; 2012 AED 670,000; 2013 AED 920,000; 2014 AED 1,250,000; 2015 AED 1,030,000; 2016 AED 962,500; 2017 AED 1,062,500; 2018 AED 850,000; 2019 AED 760,000; 2021 AED 750,000; 2023 AED 925,000; 2024 AED 1,075,000; 2025 AED 1,250,000Sold by developer, February 2023: AED 579,714 (AED 601 per sqft)Sold, April 2023: AED 900,000 (AED 934 per sqft)

503 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 503, each contractTypical two-bed in Marina Diamond Tower 2
50K75K100K20112015201920232027Typical rent by year: 2011 AED 70,000; 2012 AED 65,000; 2013 AED 70,000; 2014 AED 90,000; 2015 AED 100,000; 2016 AED 90,000; 2017 AED 90,000; 2018 AED 75,500; 2019 AED 65,000; 2020 AED 58,000; 2021 AED 52,000; 2022 AED 66,800; 2023 AED 80,000; 2024 AED 95,000; 2025 AED 100,000; 2026 AED 93,500New contract, May 2023: AED 87,000 a yearNew contract, May 2024: AED 105,000 a yearNew contract, May 2024: AED 105,000 a yearRenewal, May 2025: AED 103,500 a yearRenewal, May 2025: AED 103,500 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 2, and where 503 sits

All 60 2-beds →

503 last sold in April 2023 at AED 934 per sqft, 15% above what two-beds in Marina Diamond Tower 2 were fetching at the time (AED 814). 503's AED 103,500 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
16 Oct 20251,330,000
18 Sep 20251,100,000
9 Sep 20251,257,068
3 Sep 20251,295,527
0 2-bed 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
502StudioAED 540K · May 2018
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

503, Marina Diamond Tower 2 in numbers

  • Sold twice: first on 22 February 2023 for AED 579,714, last on 3 April 2023 for AED 900,000 (AED 934 per sqft).
  • Rented since May 2023 on 5 Ejari contracts, from AED 87,000 to AED 103,500 a year.
  • At AED 103,500 a year the gross yield on the 2023 price is 11.5%, before a service charge of about AED 17,700 a year (AED 18.33 per sqft).

Source: Dubai Land Department. Updated 10 May 2025.

Questions about 503, Marina Diamond Tower 2

What did unit 503 last sell for?

AED 900,000 on 3 April 2023: AED 934 per sqft for 963 sqft. The unit has 2 registered sales; the first was AED 579,714 in February 2023.

What is the rent for unit 503?

AED 103,500 a year on the contract renewed on 10 May 2025. The previous contract, from May 2025, was AED 103,500; the unit has been rented since May 2023.

How big is unit 503?

963 sqft (89.5 sqm): a two-bedroom apartment on the 5th floor of a 15-storey tower completed in 2007.

What is unit 503 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 503, Marina Diamond Tower 2

Starts from the last sale price (AED 900K, 3 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 900,000
Deposit, UAE resident (20%)
AED 180,000
Deposit, non-resident (40%)
AED 360,000
Monthly over 25 years at 3.7%
AED 3,682

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