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

516, Marina Diamond Tower 2

Sold prices and rental history: sold 4 times, last in July 2025, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 516 · DLD and Ejari recordsUpdated 30 July 2025
Last soldAED 900K30 July 2025
Current rentAED 71K /yr3 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 516, Marina Diamond Tower 2

What is 516 worth today?

Last sold for AED 900,000 in 2025

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30 Jul 2025SoldReady
AED 900,000AED 1,528 per sqft
3 Jan 2025RentedRenewal
AED 71,415/yr12 months · AED 121 per sqft
3 Jan 2025RentedRenewal
AED 71,415/yr12 months · AED 121 per sqft
3 Jan 2024RentedRenewal
AED 61,000/yr12 months · AED 103 per sqft
3 Jan 2024RentedRenewal
AED 61,000/yr12 months · AED 103 per sqft
3 Jan 2023RentedRenewal
AED 54,000/yr12 months · AED 91 per sqft
3 Dec 2022RentedNew contract
AED 45,000/yr12 months · AED 76 per sqft
3 Jan 2022RentedNew contract
AED 45,000/yr12 months · AED 76 per sqft

Source: Dubai Land Department. Updated 30 July 2025.

Key facts

Type
1-bed apartment
Size
589 sqft
Floor
5th of 15
Parking
59 B2
Developer
Diamond Developers
Completed
2007
Service charge
AED 10,800 /yr
Last sold
AED 900K · July 2025
Building
Marina Diamond Tower 2

About 516, Marina Diamond Tower 2

516 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 July 2025 for AED 900,000, or AED 1,528 per sqft, 5% above the AED 1,459 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 11 Ejari contracts. The current contract, renewed on 3 January 2025, is AED 71,415 a year: a gross yield of 7.9% on the 2025 price, before the service charge of about AED 10,800 a year.

Sales and rents for 516 over time

Sales
Unit 516, 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 377,728 (AED 641 per sqft)Sold, September 2008: AED 475,000 (AED 806 per sqft)Sold, September 2016: AED 700,000 (AED 1,188 per sqft)Sold, July 2025: AED 900,000 (AED 1,528 per sqft)

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

Rents
Unit 516, 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, June 2017: AED 65,000 a yearNew contract, August 2018: AED 55,000 a yearRenewal, August 2019: AED 50,000 a yearNew contract, October 2020: AED 36,000 a yearNew contract, January 2022: AED 45,000 a yearNew contract, December 2022: AED 45,000 a yearRenewal, January 2023: AED 54,000 a yearRenewal, January 2024: AED 61,000 a yearRenewal, January 2024: AED 61,000 a yearRenewal, January 2025: AED 71,415 a yearRenewal, January 2025: AED 71,415 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 516 sits

All 128 1-beds →

516 last sold in July 2025 at AED 1,528 per sqft, 5% above what one-beds in Marina Diamond Tower 2 were fetching at the time (AED 1,459). 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. 516's AED 71,415 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
5061-bedAED 585K · Jan 2023
5071-bedAED 400K · Jul 2020
1–7 of 17

516, Marina Diamond Tower 2 in numbers

  • Sold 4 times: first on 1 July 2008 for AED 377,728, last on 30 July 2025 for AED 900,000 (AED 1,528 per sqft).
  • Rented since June 2017 on 11 Ejari contracts. The rent fell from AED 65,000 to AED 36,000 in 2020 and recovered to AED 71,415 by January 2025.
  • At AED 71,415 a year the gross yield on the 2025 price is 7.9%, 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 July 2025.

Questions about 516, Marina Diamond Tower 2

What did unit 516 last sell for?

AED 900,000 on 30 July 2025: AED 1,528 per sqft for 589 sqft. The unit has 4 registered sales; the first was AED 377,728 in July 2008.

What is the rent for unit 516?

AED 71,415 a year on the contract renewed on 3 January 2025. The previous contract, from January 2025, was AED 71,415; the unit has been rented since June 2017.

How big is unit 516?

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

What is unit 516 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 516, Marina Diamond Tower 2

Starts from the last sale price (AED 900K, 30 July 2025). Switch to today's estimate once you have unlocked it.
Price
AED 900,000
Deposit, UAE resident (20%)
AED 180,000
Deposit, non-resident (40%)
AED 360,000
Monthly over 25 years at 3.7%
AED 3,682

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