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Studio · 438 sqftMarina Diamond Tower 2, Dubai Marina · 5th floor · completed 2007

514, Marina Diamond Tower 2

Sold prices and rental history: sold once, by the developer in August 2008, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 514 · DLD and Ejari recordsUpdated 1 November 2026
Last soldAED 332K18 August 2008
Current rentAED 53K /yr1 November 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 514, Marina Diamond Tower 2

What is 514 worth today?

Last sold for AED 332,089 in 2008

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1 Nov 2026RentedNew contract
AED 53,000/yr12 months · AED 120 per sqft
15 Aug 2024RentedNew contract
AED 55,000/yr12 months · AED 125 per sqft
5 Jul 2021RentedNew contract
AED 33,000/yr12 months · AED 75 per sqft
15 May 2018RentedNew contract
AED 49,000/yr12 months · AED 111 per sqft
20 Mar 2016RentedNew contract
AED 60,000/yr12 months · AED 136 per sqft
18 Aug 2008Sold by developerReady
AED 332,089AED 758 per sqft

Source: Dubai Land Department. Updated 1 November 2026.

Key facts

Type
Studio apartment
Size
438 sqft
Floor
5th of 15
Parking
33 G.F
Developer
Diamond Developers
Completed
2007
Service charge
AED 8,000 /yr
Last sold
AED 332K · August 2008
Building
Marina Diamond Tower 2

About 514, Marina Diamond Tower 2

514 is a studio of 438 sqft on the 5th floor of Marina Diamond Tower 2, a 15-storey tower in Dubai Marina completed in 2007 by Diamond Developers. The developer sold it on 18 August 2008 for AED 332,089, or AED 758 per sqft, in line with the AED 758 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, signed on 1 November 2026, is AED 53,000 a year: a gross yield of 16.0% on the 2008 price, before the service charge of about AED 8,000 a year.

Sales and rents for 514 over time

Sales
Unit 514, each saleTypical studio in Marina Diamond Tower 2
400K600K2008201320182023Typical 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, August 2008: AED 332,089 (AED 758 per sqft)

514 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 514, 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, March 2016: AED 60,000 a yearNew contract, May 2018: AED 49,000 a yearNew contract, July 2021: AED 33,000 a yearNew contract, August 2024: AED 55,000 a yearNew contract, November 2026: AED 53,000 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 514 sits

All 87 studios →

514 last sold in August 2008 at AED 758 per sqft, in line with what studios in Marina Diamond Tower 2 were fetching at the time (AED 758). 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. 514's AED 53,000 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
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

514, Marina Diamond Tower 2 in numbers

  • Sold once: by Diamond Developers on 18 August 2008 for AED 332,089, or AED 758 per sqft.
  • Rented since March 2016 on 5 Ejari contracts. The rent fell from AED 60,000 to AED 33,000 in 2021 and recovered to AED 53,000 by November 2026.
  • At AED 53,000 a year the gross yield on the 2008 price is 16.0%, before a service charge of about AED 8,000 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 November 2026.

Questions about 514, Marina Diamond Tower 2

What did unit 514 last sell for?

AED 332,089 on 18 August 2008, sold by the developer: AED 758 per sqft for 438 sqft. It is the only registered sale of the unit.

What is the rent for unit 514?

AED 53,000 a year on the contract signed on 1 November 2026. The previous contract, from August 2024, was AED 55,000; the unit has been rented since March 2016.

How big is unit 514?

438 sqft (40.7 sqm): a studio on the 5th floor of a 15-storey tower completed in 2007.

What is unit 514 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 514, Marina Diamond Tower 2

Starts from the last sale price (AED 332K, 18 August 2008). Switch to today's estimate once you have unlocked it.
Price
AED 332,089
Deposit, UAE resident (20%)
AED 66,418
Deposit, non-resident (40%)
AED 132,836
Monthly over 25 years at 3.7%
AED 1,359

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