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

512, Marina Diamond Tower 2

Sold prices and rental history: sold twice, last in March 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 512 · DLD and Ejari recordsUpdated 2 March 2021
Last soldAED 750K2 March 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 512, Marina Diamond Tower 2

What is 512 worth today?

Last sold for AED 750,000 in 2021

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2 Mar 2021SoldReady
AED 750,000AED 778 per sqft
9 Aug 2009Sold by developerReady
AED 569,888AED 591 per sqft

Source: Dubai Land Department. Updated 2 March 2021.

Key facts

Type
2-bed apartment
Size
963 sqft
Floor
5th of 15
Parking
56 B2
Developer
Diamond Developers
Completed
2007
Service charge
AED 17,700 /yr
Last sold
AED 750K · March 2021
Building
Marina Diamond Tower 2

About 512, Marina Diamond Tower 2

512 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 2 March 2021 for AED 750,000, or AED 778 per sqft.

No rental contract for the unit is registered on Ejari.

Sales and rents for 512 over time

Sales
Unit 512, 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, August 2009: AED 569,888 (AED 591 per sqft)Sold, March 2021: AED 750,000 (AED 778 per sqft)

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

Rents
Unit 512, 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 93,500

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 512 sits

All 60 2-beds →
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
5032-bedAED 900K · Apr 2023
5041-bedAED 800K · Oct 2013
505StudioAED 400K · Feb 2021
5061-bedAED 585K · Jan 2023
5071-bedAED 400K · Jul 2020
1–7 of 17

512, Marina Diamond Tower 2 in numbers

  • Sold twice: first on 9 August 2009 for AED 569,888, last on 2 March 2021 for AED 750,000 (AED 778 per sqft).

Source: Dubai Land Department. Updated 2 March 2021.

Questions about 512, Marina Diamond Tower 2

What did unit 512 last sell for?

AED 750,000 on 2 March 2021: AED 778 per sqft for 963 sqft. The unit has 2 registered sales; the first was AED 569,888 in August 2009.

How big is unit 512?

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

What is unit 512 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 512, Marina Diamond Tower 2

Starts from the last sale price (AED 750K, 2 March 2021). Switch to today's estimate once you have unlocked it.
Price
AED 750,000
Deposit, UAE resident (20%)
AED 150,000
Deposit, non-resident (40%)
AED 300,000
Monthly over 25 years at 3.7%
AED 3,068

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