1-bed · 674 sqftMarina Diamond Tower 4, Dubai Marina · 15th floor · completed 2010

1506, Marina Diamond Tower 4

Sold prices and rental history: sold 3 times, last in March 2023, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1506 · DLD and Ejari recordsUpdated 3 March 2023
Last soldAED 750K3 March 2023
Current rentAED 50K /yr19 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1506, Marina Diamond Tower 4

What is 1506 worth today?

Last sold for AED 750,000 in 2023

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3 Mar 2023SoldReady
AED 750,000AED 1,112 per sqft
13 Feb 2023SoldReady
AED 300,000AED 889 per sqft
19 Aug 2022RentedNew contract
AED 49,500/yr12 months · AED 73 per sqft
18 Aug 2020RentedNew contract
AED 37,000/yr12 months · AED 55 per sqft
31 May 2019RentedRenewal
AED 50,000/yr12 months · AED 74 per sqft
31 May 2018RentedRenewal
AED 60,000/yr12 months · AED 88 per sqft
1 Jun 2017RentedNew contract
AED 65,000/yr12 months · AED 96 per sqft
22 Jan 2014RentedNew contract
AED 73,000/yr12 months · AED 108 per sqft

Source: Dubai Land Department. Updated 3 March 2023.

Key facts

Type
1-bed apartment
Size
674 sqft
Floor
15th of 19
Parking
48 B2
Developer
Diamond Developers
Completed
2010
Service charge
AED 10,600 /yr
Last sold
AED 750K · March 2023

About 1506, Marina Diamond Tower 4

1506 is a one-bedroom apartment of 674 sqft on the 15th floor of Marina Diamond Tower 4, a 19-storey tower in Dubai Marina completed in 2010 by Diamond Developers. It last sold on 3 March 2023 for AED 750,000, or AED 1,112 per sqft, 20% above the AED 928 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 7 Ejari contracts. The current contract, signed on 19 August 2022, is AED 49,500 a year: a gross yield of 6.6% on the 2023 price, before the service charge of about AED 10,600 a year.

Sales and rents for 1506 over time

Sales
Unit 1506, each saleTypical one-bed in Marina Diamond Tower 4
500K1M2008201320182023Typical sale price by year: 2008 AED 604,800; 2009 AED 564,676; 2010 AED 530,000; 2011 AED 500,000; 2012 AED 554,965; 2013 AED 700,000; 2014 AED 731,130; 2015 AED 850,000; 2016 AED 890,000; 2017 AED 800,000; 2018 AED 805,000; 2020 AED 530,000; 2021 AED 600,000; 2022 AED 657,976; 2023 AED 760,000; 2024 AED 907,500; 2025 AED 942,500; 2026 AED 1,000,000Sold by developer, July 2008: AED 610,000 (AED 904 per sqft)Sold, February 2023: AED 300,000 (AED 889 per sqft)Sold, March 2023: AED 750,000 (AED 1,112 per sqft)

1506 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1506, each contractTypical one-bed in Marina Diamond Tower 4
40K60K80K2012201620202024Typical rent by year: 2012 AED 51,250; 2013 AED 65,000; 2014 AED 75,000; 2015 AED 80,000; 2016 AED 76,000; 2017 AED 70,000; 2018 AED 63,000; 2019 AED 55,000; 2020 AED 45,500; 2021 AED 42,000; 2022 AED 50,000; 2023 AED 60,000; 2024 AED 69,000; 2025 AED 73,000; 2026 AED 72,000New contract, September 2012: AED 49,350 a yearNew contract, January 2014: AED 73,000 a yearNew contract, June 2017: AED 65,000 a yearRenewal, May 2018: AED 60,000 a yearRenewal, May 2019: AED 50,000 a yearNew contract, August 2020: AED 37,000 a yearNew contract, August 2022: AED 49,500 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 4, and where 1506 sits

All 94 1-beds →

1506 last sold in March 2023 at AED 1,112 per sqft, 20% above what one-beds in Marina Diamond Tower 4 were fetching at the time (AED 928). Over the last 12 months one-beds sold for AED 900,000 to 1,100,000, around AED 1,326 per sqft, and rent for AED 30,000 to 170,000 a year. 1506's AED 49,500 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
28 Sep 20261,100,000
3 Apr 20261,100,000
31 Mar 20261,030,000
17 Mar 2026990,000
10 1-bed sales in the last 12 months

Marina Diamond Tower 4

Building

183 apartments, studios to 4-bed over 19 floors in Dubai Marina, completed in 2010 by Diamond Developers. 16 sold in the last 12 months.

Typical price per sqft
AED 1,353 Up 6.3%
Typical sale
AED 1.07M
Typical rent
AED 81K /yr
Typical yield
7.4%
Marina Diamond Tower 4, Dubai Marina: prices, sales and rents →

Other units on the 15th floor

All 183 units in Marina Diamond Tower 4
Value
15012-bedAED 920K · Dec 2012
15022-bedAED 1.65M · Jun 2024
15032-bedAED 1.68M · Oct 2026
15042-bedAED 991K · Aug 2008
15051-bedAED 625K · Aug 2008
15071-bedAED 550K · Nov 2011
15081-bedAED 920K · May 2016
1–7 of 9

1506, Marina Diamond Tower 4 in numbers

  • Sold 3 times: first on 20 July 2008 for AED 610,000, last on 3 March 2023 for AED 750,000 (AED 1,112 per sqft).
  • Rented since September 2012 on 7 Ejari contracts. The rent fell from AED 49,350 to AED 37,000 in 2020 and recovered to AED 49,500 by August 2022.
  • At AED 49,500 a year the gross yield on the 2023 price is 6.6%, before a service charge of about AED 10,600 a year (AED 15.68 per sqft).
  • One-beds in Marina Diamond Tower 4 sold for AED 900,000–1,100,000 in the 12 months to November 2026; the building's median across all types is AED 1,353 per sqft.

Source: Dubai Land Department. Updated 3 March 2023.

Questions about 1506, Marina Diamond Tower 4

What did unit 1506 last sell for?

AED 750,000 on 3 March 2023: AED 1,112 per sqft for 674 sqft. The unit has 3 registered sales; the first was AED 610,000 in July 2008.

What is the rent for unit 1506?

AED 49,500 a year on the contract signed on 19 August 2022. The previous contract, from August 2020, was AED 37,000; the unit has been rented since September 2012.

How big is unit 1506?

674 sqft (62.6 sqm): a one-bedroom apartment on the 15th floor of a 19-storey tower completed in 2010.

What is unit 1506 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 4 sold for AED 900,000 to 1,100,000 in the last 12 months, around AED 1,326 per sqft.

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Mortgage on 1506, Marina Diamond Tower 4

Starts from the last sale price (AED 750K, 3 March 2023). 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 →