2-bed · 1,001 sqftMarina Diamond Tower 4, Dubai Marina · 5th floor · completed 2010

501, Marina Diamond Tower 4

Sold prices and rental history: sold 3 times, last in April 2024, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 501 · DLD and Ejari recordsUpdated 26 April 2024
Last soldAED 1.29M26 April 2024
Current rentAED 65K /yr1 April 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 501, Marina Diamond Tower 4

What is 501 worth today?

Last sold for AED 1,290,000 in 2024

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26 Apr 2024SoldReady
AED 1,290,000AED 1,288 per sqft
1 Apr 2022RentedNew contract
AED 65,000/yr12 months · AED 65 per sqft
1 Apr 2021RentedNew contract
AED 60,000/yr12 months · AED 60 per sqft
1 Aug 2020RentedNew contract
AED 60,000/yr6 months · AED 60 per sqft
3 Jun 2019RentedRenewal
AED 70,000/yr12 months · AED 70 per sqft
3 Jun 2018RentedRenewal
AED 100,000/yr12 months · AED 100 per sqft
3 Jun 2017RentedNew contract
AED 100,000/yr12 months · AED 100 per sqft
25 Apr 2017SoldReady
AED 1,225,000AED 1,223 per sqft

Source: Dubai Land Department. Updated 26 April 2024.

Key facts

Type
2-bed apartment
Size
1,001 sqft
Floor
5th of 19
Parking
8 G.F
Developer
Diamond Developers
Completed
2010
Service charge
AED 15,700 /yr
Last sold
AED 1.29M · April 2024

About 501, Marina Diamond Tower 4

501 is a two-bedroom apartment of 1,001 sqft on the 5th floor of Marina Diamond Tower 4, a 19-storey tower in Dubai Marina completed in 2010 by Diamond Developers. It last sold on 26 April 2024 for AED 1,290,000, or AED 1,288 per sqft, 13% above the AED 1,144 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, signed on 1 April 2022, is AED 65,000 a year: a gross yield of 5.0% on the 2024 price, before the service charge of about AED 15,700 a year.

Sales and rents for 501 over time

Sales
Unit 501, each saleTypical two-bed in Marina Diamond Tower 4
1M1.5M2008201320182023Typical sale price by year: 2008 AED 910,910; 2009 AED 891,815; 2010 AED 863,425; 2011 AED 900,000; 2012 AED 754,167; 2013 AED 1,008,000; 2014 AED 1,040,132; 2015 AED 1,375,000; 2016 AED 1,350,000; 2017 AED 1,237,500; 2018 AED 950,000; 2019 AED 850,000; 2020 AED 760,000; 2021 AED 877,500; 2022 AED 1,100,000; 2023 AED 1,210,000; 2024 AED 1,290,000; 2025 AED 1,435,000; 2026 AED 1,622,500Sold by developer, October 2008: AED 865,865 (AED 864 per sqft)Sold, April 2017: AED 1,225,000 (AED 1,223 per sqft)Sold, April 2024: AED 1,290,000 (AED 1,288 per sqft)

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

Rents
Unit 501, each contractTypical two-bed in Marina Diamond Tower 4
75K100K2012201620202024Typical rent by year: 2012 AED 75,000; 2013 AED 85,000; 2014 AED 99,474; 2015 AED 110,000; 2016 AED 105,000; 2017 AED 100,000; 2018 AED 90,000; 2019 AED 80,000; 2020 AED 63,000; 2021 AED 65,000; 2022 AED 75,000; 2023 AED 90,000; 2024 AED 103,500; 2025 AED 110,000; 2026 AED 105,000New contract, June 2016: AED 100,000 a yearNew contract, June 2017: AED 100,000 a yearRenewal, June 2018: AED 100,000 a yearRenewal, June 2019: AED 70,000 a yearNew contract, August 2020: AED 60,000 a yearNew contract, April 2021: AED 60,000 a yearNew contract, April 2022: AED 65,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Marina Diamond Tower 4, and where 501 sits

All 82 2-beds →

501 last sold in April 2024 at AED 1,288 per sqft, 13% above what two-beds in Marina Diamond Tower 4 were fetching at the time (AED 1,144). Over the last 12 months two-beds sold for AED 1,450,000 to 2,450,000, around AED 1,532 per sqft, and rent for AED 68,000 to 150,000 a year. 501's AED 65,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
26 Oct 20261,450,000
2 Oct 20261,675,000
4 Aug 20261,570,000
18 Mar 20262,450,000
6 2-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 5th floor

All 183 units in Marina Diamond Tower 4
Value
5022-bedAED 1000K · Dec 2012
5032-bedAED 1.25M · Jan 2016
5042-bedAED 1.42M · Feb 2014
5051-bedAED 900K · Dec 2016
5061-bedAED 700K · Mar 2023
5071-bedAED 492K · Jun 2008
5081-bedAED 620K · Nov 2021
1–7 of 9

501, Marina Diamond Tower 4 in numbers

  • Sold 3 times: first on 12 October 2008 for AED 865,865, last on 26 April 2024 for AED 1,290,000 (AED 1,288 per sqft).
  • Rented since June 2016 on 7 Ejari contracts, from AED 100,000 to AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2024 price is 5.0%, before a service charge of about AED 15,700 a year (AED 15.68 per sqft).
  • Two-beds in Marina Diamond Tower 4 sold for AED 1,450,000–2,450,000 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 26 April 2024.

Questions about 501, Marina Diamond Tower 4

What did unit 501 last sell for?

AED 1,290,000 on 26 April 2024: AED 1,288 per sqft for 1,001 sqft. The unit has 3 registered sales; the first was AED 865,865 in October 2008.

What is the rent for unit 501?

AED 65,000 a year on the contract signed on 1 April 2022. The previous contract, from April 2021, was AED 60,000; the unit has been rented since June 2016.

How big is unit 501?

1,001 sqft (93.0 sqm): a two-bedroom apartment on the 5th floor of a 19-storey tower completed in 2010.

What is unit 501 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Marina Diamond Tower 4 sold for AED 1,450,000 to 2,450,000 in the last 12 months, around AED 1,532 per sqft.

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Mortgage on 501, Marina Diamond Tower 4

Starts from the last sale price (AED 1.29M, 26 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,290,000
Deposit, UAE resident (20%)
AED 258,000
Deposit, non-resident (40%)
AED 516,000
Monthly over 25 years at 3.7%
AED 5,278

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