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

517, Marina Diamond Tower 2

Sold prices and rental history: sold twice, last in November 2016, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 517 · DLD and Ejari recordsUpdated 10 September 2026
Last soldAED 700K9 November 2016
Current rentAED 48K /yr10 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 517, Marina Diamond Tower 2

What is 517 worth today?

Last sold for AED 700,000 in 2016

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10 Sep 2026RentedNew contract
AED 48,000/yr12 months · AED 110 per sqft
20 Jul 2025RentedNew contract
AED 51,500/yr12 months · AED 118 per sqft
20 Jul 2025RentedNew contract
AED 51,500/yr12 months · AED 118 per sqft
5 May 2021RentedNew contract
AED 26,000/yr12 months · AED 59 per sqft
10 Jun 2018RentedNew contract
AED 44,000/yr12 months · AED 100 per sqft
8 Jul 2017RentedNew contract
AED 58,001/yr8 months · AED 132 per sqft
8 Mar 2017RentedNew contract
AED 58,000/yr12 months · AED 132 per sqft
9 Nov 2016SoldReady
AED 700,000AED 1,598 per sqft

Source: Dubai Land Department. Updated 10 September 2026.

Key facts

Type
Studio apartment
Size
438 sqft
Floor
5th of 15
Parking
34 G.F
Developer
Diamond Developers
Completed
2007
Service charge
AED 8,000 /yr
Last sold
AED 700K · November 2016

About 517, Marina Diamond Tower 2

517 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. It last sold on 9 November 2016 for AED 700,000, or AED 1,598 per sqft.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 10 September 2026, is AED 48,000 a year: a gross yield of 6.9% on the 2016 price, before the service charge of about AED 8,000 a year.

Sales and rents for 517 over time

Sales
Unit 517, 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 2014: AED 325,577 (AED 743 per sqft)Sold, November 2016: AED 700,000 (AED 1,598 per sqft)

517 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 517, each contractTypical studio in Marina Diamond Tower 2
20K40K60K2012201620202024Typical 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, October 2013: AED 56,000 a yearNew contract, February 2016: AED 65,000 a yearNew contract, March 2017: AED 58,000 a yearNew contract, July 2017: AED 58,001 a yearNew contract, June 2018: AED 44,000 a yearNew contract, May 2021: AED 26,000 a yearNew contract, July 2025: AED 51,500 a yearNew contract, July 2025: AED 51,500 a yearNew contract, September 2026: AED 48,000 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 517 sits

All 87 studios →

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. 517's AED 48,000 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

517, Marina Diamond Tower 2 in numbers

  • Sold twice: first on 25 August 2014 for AED 325,577, last on 9 November 2016 for AED 700,000 (AED 1,598 per sqft).
  • Rented since October 2013 on 9 Ejari contracts. The rent fell from AED 56,000 to AED 26,000 in 2021 and recovered to AED 48,000 by September 2026.
  • At AED 48,000 a year the gross yield on the 2016 price is 6.9%, 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 10 September 2026.

Questions about 517, Marina Diamond Tower 2

What did unit 517 last sell for?

AED 700,000 on 9 November 2016: AED 1,598 per sqft for 438 sqft. The unit has 2 registered sales; the first was AED 325,577 in August 2014.

What is the rent for unit 517?

AED 48,000 a year on the contract signed on 10 September 2026. The previous contract, from July 2025, was AED 51,500; the unit has been rented since October 2013.

How big is unit 517?

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

What is unit 517 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 517, Marina Diamond Tower 2

Starts from the last sale price (AED 700K, 9 November 2016). Switch to today's estimate once you have unlocked it.
Price
AED 700,000
Deposit, UAE resident (20%)
AED 140,000
Deposit, non-resident (40%)
AED 280,000
Monthly over 25 years at 3.7%
AED 2,864

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