511, Marina Diamond Tower 2
Sold prices and rental history: sold 4 times, last in July 2023, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 511, Marina Diamond Tower 2
What is 511 worth today?
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Source: Dubai Land Department. Updated 8 January 2025.
Key facts
- Type
- Studio apartment
- Size
- 401 sqft
- Floor
- 5th of 15
- Parking
- 32 G.F
- Developer
- Diamond Developers
- Completed
- 2007
- Service charge
- AED 7,300 /yr
- Last sold
- AED 610K · July 2023
- Building
- Marina Diamond Tower 2
About 511, Marina Diamond Tower 2
511 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 20 July 2023 for AED 610,000, or AED 1,521 per sqft, 18% above the AED 1,289 studios in the building were fetching at the time.
It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, renewed on 8 January 2025, is AED 6,661 a year: a gross yield of 1.1% on the 2023 price, before the service charge of about AED 7,300 a year.
Sales and rents for 511 over time
511 has sold 4 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 2, and where 511 sits
All 87 studios →511 last sold in July 2023 at AED 1,521 per sqft, 18% above what studios in Marina Diamond Tower 2 were fetching at the time (AED 1,289). 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. 511's AED 6,661 is at the bottom of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 6 Oct 20266 October 2026 | 418 sqft | 650,000 | 1,555 | ||
| 11 Mar 202611 March 2026 | 418 sqft | 700,000 | 1,674 | ||
| 6 Jan 20266 January 2026 | 401 sqft | 650,000 | 1,621 | ||
| 30 Jul 202530 July 2025 | 401 sqft | 700,000 | 1,745 |
Marina Diamond Tower 2
Building276 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%
Other units on the 5th floor
All 276 units in Marina Diamond Tower 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 963 sqft | AED 825KAED 825,000 · Feb 2019February 2019 | 125,000 /yr | |
| 502 | Studio | 401 sqft | AED 540KAED 540,000 · May 2018May 2018 | 55,000 /yr | |
| 503 | 2-bed | 963 sqft | AED 900KAED 900,000 · Apr 2023April 2023 | 103,500 /yr | |
| 504 | 1-bed | 681 sqft | AED 800KAED 800,000 · Oct 2013October 2013 | 60,000 /yr | |
| 505 | Studio | 418 sqft | AED 400KAED 400,000 · Feb 2021February 2021 | 53,000 /yr | |
| 506 | 1-bed | 572 sqft | AED 585KAED 585,000 · Jan 2023January 2023 | 75,000 /yr | |
| 507 | 1-bed | 572 sqft | AED 400KAED 400,000 · Jul 2020July 2020 | 58,000 /yr | |
| 508 | Studio | 418 sqft | AED 310KAED 310,000 · Apr 2011April 2011 | 50,000 /yr | |
| 509 | 1-bed | 647 sqft | AED 895KAED 895,000 · Feb 2025February 2025 | 62,000 /yr | |
| 510 | 2-bed | 963 sqft | AED 750KAED 750,000 · Feb 2011February 2011 | 80,000 /yr | |
| 512 | 2-bed | 963 sqft | AED 750KAED 750,000 · Mar 2021March 2021 | ||
| 513 | 1-bed | 666 sqft | AED 499KAED 498,500 · Feb 2009February 2009 | 76,000 /yr | |
| 514 | Studio | 438 sqft | AED 332KAED 332,089 · Aug 2008August 2008 | 53,000 /yr | |
| 515 | 1-bed | 589 sqft | AED 875KAED 875,000 · Dec 2024December 2024 | 90,000 /yr | |
| 516 | 1-bed | 589 sqft | AED 900KAED 900,000 · Jul 2025July 2025 | 71,415 /yr | |
| 517 | Studio | 438 sqft | AED 700KAED 700,000 · Nov 2016November 2016 | 48,000 /yr | |
| 518 | 1-bed | 666 sqft | AED 774KAED 774,230 · Oct 2026October 2026 | 60,000 /yr |
511, Marina Diamond Tower 2 in numbers
- Sold 4 times: first on 10 August 2008 for AED 312,700, last on 20 July 2023 for AED 610,000 (AED 1,521 per sqft).
- Rented since January 2016 on 5 Ejari contracts, from AED 64,000 to AED 6,661 a year.
- At AED 6,661 a year the gross yield on the 2023 price is 1.1%, 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 8 January 2025.
Questions about 511, Marina Diamond Tower 2
What did unit 511 last sell for?
AED 610,000 on 20 July 2023: AED 1,521 per sqft for 401 sqft. The unit has 4 registered sales; the first was AED 312,700 in August 2008.
What is the rent for unit 511?
AED 6,661 a year on the contract renewed on 8 January 2025. The previous contract, from January 2024, was AED 20,000; the unit has been rented since January 2016.
How big is unit 511?
401 sqft (37.3 sqm): a studio on the 5th floor of a 15-storey tower completed in 2007.
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 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 511, Marina Diamond Tower 2
Starts from the last sale price (AED 610K, 20 July 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 610,000
- Deposit, UAE resident (20%)
- AED 122,000
- Deposit, non-resident (40%)
- AED 244,000
- Monthly over 25 years at 3.7%
- AED 2,496
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →