2-bed · 1,031 sqftMarina Diamond Tower 4, Dubai Marina · 5th floor · completed 2010

503, Marina Diamond Tower 4

Sold prices and rental history: sold 3 times, last in January 2016, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 503 · DLD and Ejari recordsUpdated 9 April 2021
Last soldAED 1.25M27 January 2016
Current rentAED 75K /yr9 April 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 503, Marina Diamond Tower 4

What is 503 worth today?

Last sold for AED 1,250,000 in 2016

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9 Apr 2021RentedRenewal
AED 75,000/yr12 months · AED 73 per sqft
9 Apr 2020RentedRenewal
AED 90,000/yr12 months · AED 87 per sqft
30 Mar 2019RentedRenewal
AED 93,974/yr12 months · AED 91 per sqft
27 Jan 2016SoldReady
AED 1,250,000AED 1,212 per sqft
7 Dec 2009SoldReady
AED 1,048,371AED 1,017 per sqft
6 Dec 2009Sold by developerReady
AED 891,815AED 865 per sqft

Source: Dubai Land Department. Updated 9 April 2021.

Key facts

Type
2-bed apartment
Size
1,031 sqft
Floor
5th of 19
Parking
22a B1
Developer
Diamond Developers
Completed
2010
Service charge
AED 16,200 /yr
Last sold
AED 1.25M · January 2016

About 503, Marina Diamond Tower 4

503 is a two-bedroom apartment of 1,031 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 27 January 2016 for AED 1,250,000, or AED 1,212 per sqft, in line with the AED 1,212 two-beds in the building were fetching at the time.

It has been rented since 2019 on 3 Ejari contracts. The current contract, renewed on 9 April 2021, is AED 75,000 a year: a gross yield of 6.0% on the 2016 price, before the service charge of about AED 16,200 a year.

Sales and rents for 503 over time

Sales
Unit 503, 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, December 2009: AED 1,048,371 (AED 1,017 per sqft)Sold by developer, December 2009: AED 891,815 (AED 865 per sqft)Sold, January 2016: AED 1,250,000 (AED 1,212 per sqft)

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

Rents
Unit 503, 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 105,000Renewal, March 2019: AED 93,974 a yearRenewal, April 2020: AED 90,000 a yearRenewal, April 2021: AED 75,000 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 503 sits

All 82 2-beds →

503 last sold in January 2016 at AED 1,212 per sqft, in line with what two-beds in Marina Diamond Tower 4 were fetching at the time (AED 1,212). 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. 503's AED 75,000 is in the lower half 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
5012-bedAED 1.29M · Apr 2024
5022-bedAED 1000K · Dec 2012
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

503, Marina Diamond Tower 4 in numbers

  • Sold 3 times: first on 6 December 2009 for AED 891,815, last on 27 January 2016 for AED 1,250,000 (AED 1,212 per sqft).
  • Rented since March 2019 on 3 Ejari contracts, from AED 93,974 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2016 price is 6.0%, before a service charge of about AED 16,200 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 9 April 2021.

Questions about 503, Marina Diamond Tower 4

What did unit 503 last sell for?

AED 1,250,000 on 27 January 2016: AED 1,212 per sqft for 1,031 sqft. The unit has 3 registered sales; the first was AED 891,815 in December 2009.

What is the rent for unit 503?

AED 75,000 a year on the contract renewed on 9 April 2021. The previous contract, from April 2020, was AED 90,000; the unit has been rented since March 2019.

How big is unit 503?

1,031 sqft (95.8 sqm): a two-bedroom apartment on the 5th floor of a 19-storey tower completed in 2010.

What is unit 503 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 503, Marina Diamond Tower 4

Starts from the last sale price (AED 1.25M, 27 January 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,250,000
Deposit, UAE resident (20%)
AED 250,000
Deposit, non-resident (40%)
AED 500,000
Monthly over 25 years at 3.7%
AED 5,114

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