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1-bed · 572 sqftMarina Diamond Tower 2, Dubai Marina · 5th floor · completed 2007

506, Marina Diamond Tower 2

Sold prices and rental history: sold twice, last in January 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 506 · DLD and Ejari recordsUpdated 12 February 2026
Last soldAED 585K11 January 2023
Current rentAED 75K /yr12 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 506, Marina Diamond Tower 2

What is 506 worth today?

Last sold for AED 585,000 in 2023

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12 Feb 2026RentedRenewal
AED 75,000/yr12 months · AED 131 per sqft
12 Feb 2025RentedRenewal
AED 62,000/yr12 months · AED 108 per sqft
12 Feb 2025RentedRenewal
AED 62,000/yr12 months · AED 108 per sqft
12 Feb 2024RentedNew contract
AED 60,000/yr12 months · AED 105 per sqft
12 Feb 2024RentedNew contract
AED 60,000/yr12 months · AED 105 per sqft
11 Feb 2023RentedNew contract
AED 60,000/yr12 months · AED 105 per sqft
11 Jan 2023SoldReady
AED 585,000AED 1,022 per sqft
17 Feb 2020RentedNew contract
AED 44,000/yr12 months · AED 77 per sqft

Source: Dubai Land Department. Updated 12 February 2026.

Key facts

Type
1-bed apartment
Size
572 sqft
Floor
5th of 15
Parking
24 G.F
Developer
Diamond Developers
Completed
2007
Service charge
AED 10,500 /yr
Last sold
AED 585K · January 2023
Building
Marina Diamond Tower 2

About 506, Marina Diamond Tower 2

506 is a one-bedroom apartment of 572 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 11 January 2023 for AED 585,000, or AED 1,022 per sqft, 5% above the AED 976 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 12 Ejari contracts. The current contract, renewed on 12 February 2026, is AED 75,000 a year: a gross yield of 12.8% on the 2023 price, before the service charge of about AED 10,500 a year.

Sales and rents for 506 over time

Sales
Unit 506, each saleTypical one-bed in Marina Diamond Tower 2
500K750K2008201320182023Typical sale price by year: 2008 AED 438,392; 2009 AED 444,574; 2010 AED 475,000; 2011 AED 525,000; 2012 AED 460,500; 2013 AED 670,000; 2014 AED 797,500; 2015 AED 770,000; 2016 AED 775,000; 2017 AED 785,000; 2018 AED 720,000; 2019 AED 500,000; 2020 AED 437,500; 2021 AED 510,000; 2022 AED 590,000; 2023 AED 705,000; 2024 AED 830,000; 2025 AED 900,000; 2026 AED 900,000Sold by developer, August 2008: AED 405,000 (AED 708 per sqft)Sold, January 2023: AED 585,000 (AED 1,022 per sqft)

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

Rents
Unit 506, each contractTypical one-bed in Marina Diamond Tower 2
40K60K80K2012201620202024Typical rent by year: 2012 AED 52,000; 2013 AED 60,000; 2014 AED 72,000; 2015 AED 75,000; 2016 AED 74,940; 2017 AED 68,000; 2018 AED 60,000; 2019 AED 50,000; 2020 AED 41,000; 2021 AED 40,000; 2022 AED 45,000; 2023 AED 58,000; 2024 AED 70,000; 2025 AED 66,000; 2026 AED 64,000New contract, September 2014: AED 70,000 a yearRenewal, September 2015: AED 70,000 a yearRenewal, September 2016: AED 74,792 a yearNew contract, October 2017: AED 60,000 a yearRenewal, October 2018: AED 60,000 a yearNew contract, February 2020: AED 44,000 a yearNew contract, February 2023: AED 60,000 a yearNew contract, February 2024: AED 60,000 a yearNew contract, February 2024: AED 60,000 a yearRenewal, February 2025: AED 62,000 a yearRenewal, February 2025: AED 62,000 a yearRenewal, February 2026: AED 75,000 a year

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

1-beds in Marina Diamond Tower 2, and where 506 sits

All 128 1-beds →

506 last sold in January 2023 at AED 1,022 per sqft, 5% above what one-beds in Marina Diamond Tower 2 were fetching at the time (AED 976). Over the last 12 months one-beds sold for AED 750,000 to 1,100,000, around AED 1,372 per sqft, and rent for AED 50,000 to 116,500 a year. 506's AED 75,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
22 Oct 2026774,230
21 Sep 2026853,000
21 Aug 2026750,000
13 Jul 2026765,000
10 1-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
5032-bedAED 900K · Apr 2023
5041-bedAED 800K · Oct 2013
505StudioAED 400K · Feb 2021
5071-bedAED 400K · Jul 2020
508StudioAED 310K · Apr 2011
1–7 of 17

506, Marina Diamond Tower 2 in numbers

  • Sold twice: first on 28 August 2008 for AED 405,000, last on 11 January 2023 for AED 585,000 (AED 1,022 per sqft).
  • Rented since September 2014 on 12 Ejari contracts. The rent fell from AED 70,000 to AED 44,000 in 2020 and recovered to AED 75,000 by February 2026.
  • At AED 75,000 a year the gross yield on the 2023 price is 12.8%, before a service charge of about AED 10,500 a year (AED 18.33 per sqft).
  • One-beds in Marina Diamond Tower 2 sold for AED 750,000–1,100,000 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 12 February 2026.

Questions about 506, Marina Diamond Tower 2

What did unit 506 last sell for?

AED 585,000 on 11 January 2023: AED 1,022 per sqft for 572 sqft. The unit has 2 registered sales; the first was AED 405,000 in August 2008.

What is the rent for unit 506?

AED 75,000 a year on the contract renewed on 12 February 2026. The previous contract, from February 2025, was AED 62,000; the unit has been rented since September 2014.

How big is unit 506?

572 sqft (53.1 sqm): a one-bedroom apartment on the 5th floor of a 15-storey tower completed in 2007.

What is unit 506 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Marina Diamond Tower 2 sold for AED 750,000 to 1,100,000 in the last 12 months, around AED 1,372 per sqft.

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Mortgage on 506, Marina Diamond Tower 2

Starts from the last sale price (AED 585K, 11 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 585,000
Deposit, UAE resident (20%)
AED 117,000
Deposit, non-resident (40%)
AED 234,000
Monthly over 25 years at 3.7%
AED 2,393

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