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1-bed · 589 sqftMarina Diamond Tower 2, Dubai Marina · 5th floor · completed 2007

515, Marina Diamond Tower 2

Sold prices and rental history: sold 4 times, last in December 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 515 · DLD and Ejari recordsUpdated 30 December 2024
Last soldAED 875K30 December 2024
Current rentAED 90K /yr6 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 515, Marina Diamond Tower 2

What is 515 worth today?

Last sold for AED 875,000 in 2024

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30 Dec 2024SoldReady
AED 875,000AED 1,485 per sqft
6 Oct 2024RentedNew contract
AED 90,000/yr12 months · AED 153 per sqft
6 Oct 2024RentedNew contract
AED 90,000/yr12 months · AED 153 per sqft
9 May 2023SoldReady
AED 612,000AED 1,039 per sqft
20 Jan 2022RentedNew contract
AED 40,000/yr24 months · AED 68 per sqft
1 Mar 2020RentedNew contract
AED 35,000/yr12 months · AED 59 per sqft
4 Jun 2017RentedNew contract
AED 60,000/yr12 months · AED 101 per sqft
20 Apr 2015RentedNew contract
AED 80,000/yr12 months · AED 135 per sqft

Source: Dubai Land Department. Updated 30 December 2024.

Key facts

Type
1-bed apartment
Size
589 sqft
Floor
5th of 15
Parking
58 B2
Developer
Diamond Developers
Completed
2007
Service charge
AED 10,800 /yr
Last sold
AED 875K · December 2024
Building
Marina Diamond Tower 2

About 515, Marina Diamond Tower 2

515 is a one-bedroom apartment of 589 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 30 December 2024 for AED 875,000, or AED 1,485 per sqft, 9% above the AED 1,365 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, signed on 6 October 2024, is AED 90,000 a year: a gross yield of 10.3% on the 2024 price, before the service charge of about AED 10,800 a year.

Sales and rents for 515 over time

Sales
Unit 515, 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, July 2008: AED 600,000 (AED 1,018 per sqft)Sold, September 2008: AED 500,000 (AED 848 per sqft)Sold, May 2023: AED 612,000 (AED 1,039 per sqft)Sold, December 2024: AED 875,000 (AED 1,485 per sqft)

515 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 515, each contractTypical one-bed in Marina Diamond Tower 2
50K75K2012201620202024Typical 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, April 2015: AED 80,000 a yearNew contract, June 2017: AED 60,000 a yearNew contract, March 2020: AED 35,000 a yearNew contract, January 2022: AED 40,000 a yearNew contract, October 2024: AED 90,000 a yearNew contract, October 2024: AED 90,000 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 515 sits

All 128 1-beds →

515 last sold in December 2024 at AED 1,485 per sqft, 9% above what one-beds in Marina Diamond Tower 2 were fetching at the time (AED 1,365). 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. 515's AED 90,000 is in the upper 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
5061-bedAED 585K · Jan 2023
5071-bedAED 400K · Jul 2020
1–7 of 17

515, Marina Diamond Tower 2 in numbers

  • Sold 4 times: first on 1 July 2008 for AED 600,000, last on 30 December 2024 for AED 875,000 (AED 1,485 per sqft).
  • Rented since April 2015 on 6 Ejari contracts. The rent fell from AED 80,000 to AED 35,000 in 2020 and recovered to AED 90,000 by October 2024.
  • At AED 90,000 a year the gross yield on the 2024 price is 10.3%, before a service charge of about AED 10,800 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 30 December 2024.

Questions about 515, Marina Diamond Tower 2

What did unit 515 last sell for?

AED 875,000 on 30 December 2024: AED 1,485 per sqft for 589 sqft. The unit has 4 registered sales; the first was AED 600,000 in July 2008.

What is the rent for unit 515?

AED 90,000 a year on the contract signed on 6 October 2024. The previous contract, from October 2024, was AED 90,000; the unit has been rented since April 2015.

How big is unit 515?

589 sqft (54.7 sqm): a one-bedroom apartment on the 5th floor of a 15-storey tower completed in 2007.

What is unit 515 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 515, Marina Diamond Tower 2

Starts from the last sale price (AED 875K, 30 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 875,000
Deposit, UAE resident (20%)
AED 175,000
Deposit, non-resident (40%)
AED 350,000
Monthly over 25 years at 3.7%
AED 3,580

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