2-bed · 1,084 sqftMarina Diamond Tower 5, Dubai Marina · 13th floor · completed 2007

1301, Marina Diamond Tower 5

Sold prices and rental history: sold 3 times, last in November 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1301 · DLD and Ejari recordsUpdated 14 November 2023
Last soldAED 1.43M14 November 2023
Current rentAED 88K /yr20 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1301, Marina Diamond Tower 5

What is 1301 worth today?

Last sold for AED 1,425,000 in 2023

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14 Nov 2023SoldReady
AED 1,425,000AED 1,314 per sqft
20 Apr 2023RentedNew contract
AED 88,000/yr12 months · AED 81 per sqft
20 Aug 2022RentedRenewal
AED 63,000/yr12 months · AED 58 per sqft
20 Aug 2021RentedRenewal
AED 60,000/yr12 months · AED 55 per sqft
20 Aug 2020RentedNew contract
AED 60,000/yr12 months · AED 55 per sqft
1 Aug 2017RentedNew contract
AED 120,000/yr12 months · AED 110 per sqft
1 May 2012SoldReady
AED 392,500AED 362 per sqft
2 Sep 2008Sold by developerReady
AED 921,400AED 850 per sqft

Source: Dubai Land Department. Updated 14 November 2023.

Key facts

Type
2-bed apartment
Size
1,084 sqft
Floor
13th of 19
Parking
31 B2
Developer
Diamond Developers
Completed
2007
Service charge
AED 15,400 /yr
Last sold
AED 1.43M · November 2023

About 1301, Marina Diamond Tower 5

1301 is a two-bedroom apartment of 1,084 sqft on the 13th floor of Marina Diamond Tower 5, a 19-storey tower in Dubai Marina completed in 2007 by Diamond Developers. It last sold on 14 November 2023 for AED 1,425,000, or AED 1,314 per sqft, 24% above the AED 1,061 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, signed on 20 April 2023, is AED 88,000 a year: a gross yield of 6.2% on the 2023 price, before the service charge of about AED 15,400 a year.

Sales and rents for 1301 over time

Sales
Unit 1301, each saleTypical two-bed in Marina Diamond Tower 5
1M2008201320182023Typical sale price by year: 2008 AED 907,552; 2009 AED 877,256; 2010 AED 900,000; 2011 AED 650,000; 2012 AED 700,000; 2013 AED 828,989; 2014 AED 805,000; 2015 AED 1,270,000; 2016 AED 1,150,000; 2017 AED 1,100,000; 2018 AED 1,000,000; 2019 AED 830,500; 2020 AED 740,000; 2021 AED 845,500; 2022 AED 950,000; 2023 AED 1,175,000; 2025 AED 1,500,000Sold by developer, September 2008: AED 921,400 (AED 850 per sqft)Sold, May 2012: AED 392,500 (AED 362 per sqft)Sold, November 2023: AED 1,425,000 (AED 1,314 per sqft)

1301 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1301, each contractTypical two-bed in Marina Diamond Tower 5
50K100K2012201620202024Typical rent by year: 2012 AED 70,000; 2013 AED 85,000; 2014 AED 100,000; 2015 AED 110,000; 2016 AED 105,000; 2017 AED 100,000; 2018 AED 85,000; 2019 AED 75,000; 2020 AED 65,000; 2021 AED 60,000; 2022 AED 70,000; 2023 AED 90,000; 2024 AED 103,500; 2025 AED 110,000; 2026 AED 108,000New contract, August 2017: AED 120,000 a yearNew contract, August 2020: AED 60,000 a yearRenewal, August 2021: AED 60,000 a yearRenewal, August 2022: AED 63,000 a yearNew contract, April 2023: AED 88,000 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 5, and where 1301 sits

All 73 2-beds →

1301 last sold in November 2023 at AED 1,314 per sqft, 24% above what two-beds in Marina Diamond Tower 5 were fetching at the time (AED 1,061). Over the last 12 months two-beds sold for AED 1,450,000 to 1,650,000, around AED 1,384 per sqft, and rent for AED 36,000 to 150,221 a year. 1301's AED 88,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
2 Oct 20261,450,000
4 Sep 20261,500,000
28 Nov 20251,650,000
17 Oct 20251,450,000
3 2-bed sales in the last 12 months

Marina Diamond Tower 5

Building

190 apartments, 1-bed to 2-bed over 19 floors in Dubai Marina, completed in 2007 by Diamond Developers. 10 sold in the last 12 months.

Typical price per sqft
AED 1,427 Up 0.4%
Typical sale
AED 1.08M
Typical rent
AED 78K /yr
Typical yield
7.0%
Marina Diamond Tower 5, Dubai Marina: prices, sales and rents →

Other units on the 13th floor

All 190 units in Marina Diamond Tower 5
Value
13022-bedAED 850K · Nov 2008
13031-bedAED 592K · Oct 2021
13041-bedAED 596K · Jul 2008
13051-bedAED 1.05M · May 2025
13062-bedAED 876K · Apr 2009
13072-bedAED 1.13M · Sep 2024
13081-bedAED 350K · Jul 2022
1–7 of 9

1301, Marina Diamond Tower 5 in numbers

  • Sold 3 times: first on 2 September 2008 for AED 921,400, last on 14 November 2023 for AED 1,425,000 (AED 1,314 per sqft).
  • Rented since August 2017 on 5 Ejari contracts. The rent fell from AED 120,000 to AED 60,000 in 2021 and recovered to AED 88,000 by April 2023.
  • At AED 88,000 a year the gross yield on the 2023 price is 6.2%, before a service charge of about AED 15,400 a year (AED 14.24 per sqft).
  • Two-beds in Marina Diamond Tower 5 sold for AED 1,450,000–1,650,000 in the 12 months to November 2026; the building's median across all types is AED 1,427 per sqft.

Source: Dubai Land Department. Updated 14 November 2023.

Questions about 1301, Marina Diamond Tower 5

What did unit 1301 last sell for?

AED 1,425,000 on 14 November 2023: AED 1,314 per sqft for 1,084 sqft. The unit has 3 registered sales; the first was AED 921,400 in September 2008.

What is the rent for unit 1301?

AED 88,000 a year on the contract signed on 20 April 2023. The previous contract, from August 2022, was AED 63,000; the unit has been rented since August 2017.

How big is unit 1301?

1,084 sqft (100.7 sqm): a two-bedroom apartment on the 13th floor of a 19-storey tower completed in 2007.

What is unit 1301 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 5 sold for AED 1,450,000 to 1,650,000 in the last 12 months, around AED 1,384 per sqft.

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Mortgage on 1301, Marina Diamond Tower 5

Starts from the last sale price (AED 1.43M, 14 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,425,000
Deposit, UAE resident (20%)
AED 285,000
Deposit, non-resident (40%)
AED 570,000
Monthly over 25 years at 3.7%
AED 5,830

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