1-bed · 754 sqftMarina Diamond Tower 4, Dubai Marina · 5th floor · completed 2010

508, Marina Diamond Tower 4

Sold prices and rental history: sold twice, last in November 2021, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 508 · DLD and Ejari recordsUpdated 3 November 2021
Last soldAED 620K3 November 2021
Current rentAED 48K /yr1 October 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 508, Marina Diamond Tower 4

What is 508 worth today?

Last sold for AED 620,000 in 2021

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3 Nov 2021SoldReady
AED 620,000AED 822 per sqft
1 Oct 2020RentedRenewal
AED 48,000/yr12 months · AED 64 per sqft
1 Oct 2019RentedNew contract
AED 55,000/yr12 months · AED 73 per sqft
1 Oct 2018RentedNew contract
AED 65,000/yr12 months · AED 86 per sqft
15 Aug 2017RentedNew contract
AED 80,000/yr12 months · AED 106 per sqft
29 Jun 2016RentedRenewal
AED 85,000/yr12 months · AED 113 per sqft
29 Jun 2015RentedNew contract
AED 85,000/yr12 months · AED 113 per sqft
20 Jul 2008Sold by developerReady
AED 546,650AED 725 per sqft

Source: Dubai Land Department. Updated 3 November 2021.

Key facts

Type
1-bed apartment
Size
754 sqft
Floor
5th of 19
Parking
36 B1
Developer
Diamond Developers
Completed
2010
Service charge
AED 11,800 /yr
Last sold
AED 620K · November 2021

About 508, Marina Diamond Tower 4

508 is a one-bedroom apartment of 754 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 3 November 2021 for AED 620,000, or AED 822 per sqft, 10% above the AED 749 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, renewed on 1 October 2020, is AED 48,000 a year: a gross yield of 7.7% on the 2021 price, before the service charge of about AED 11,800 a year.

Sales and rents for 508 over time

Sales
Unit 508, each saleTypical one-bed in Marina Diamond Tower 4
500K750K1M2008201320182023Typical 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 546,650 (AED 725 per sqft)Sold, November 2021: AED 620,000 (AED 822 per sqft)

508 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 508, 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, June 2015: AED 85,000 a yearRenewal, June 2016: AED 85,000 a yearNew contract, August 2017: AED 80,000 a yearNew contract, October 2018: AED 65,000 a yearNew contract, October 2019: AED 55,000 a yearRenewal, October 2020: AED 48,000 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 508 sits

All 94 1-beds →

508 last sold in November 2021 at AED 822 per sqft, 10% above what one-beds in Marina Diamond Tower 4 were fetching at the time (AED 749). 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. 508's AED 48,000 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 5th floor

All 183 units in Marina Diamond Tower 4
Value
5012-bedAED 1.29M · Apr 2024
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
1–7 of 9

508, Marina Diamond Tower 4 in numbers

  • Sold twice: first on 20 July 2008 for AED 546,650, last on 3 November 2021 for AED 620,000 (AED 822 per sqft).
  • Rented since June 2015 on 6 Ejari contracts, from AED 85,000 to AED 48,000 a year.
  • At AED 48,000 a year the gross yield on the 2021 price is 7.7%, before a service charge of about AED 11,800 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 November 2021.

Questions about 508, Marina Diamond Tower 4

What did unit 508 last sell for?

AED 620,000 on 3 November 2021: AED 822 per sqft for 754 sqft. The unit has 2 registered sales; the first was AED 546,650 in July 2008.

What is the rent for unit 508?

AED 48,000 a year on the contract renewed on 1 October 2020. The previous contract, from October 2019, was AED 55,000; the unit has been rented since June 2015.

How big is unit 508?

754 sqft (70.0 sqm): a one-bedroom apartment on the 5th floor of a 19-storey tower completed in 2010.

What is unit 508 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 508, Marina Diamond Tower 4

Starts from the last sale price (AED 620K, 3 November 2021). Switch to today's estimate once you have unlocked it.
Price
AED 620,000
Deposit, UAE resident (20%)
AED 124,000
Deposit, non-resident (40%)
AED 248,000
Monthly over 25 years at 3.7%
AED 2,537

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