1501, Marina Diamond Tower 5
Sold prices and rental history: sold twice, last in May 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1501, Marina Diamond Tower 5
What is 1501 worth today?
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Source: Dubai Land Department. Updated 22 January 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,084 sqft
- Floor
- 15th of 19
- Parking
- 51 B2
- Developer
- Diamond Developers
- Completed
- 2007
- Service charge
- AED 15,400 /yr
- Last sold
- AED 1.15M · May 2023
- Building
- Marina Diamond Tower 5
About 1501, Marina Diamond Tower 5
1501 is a two-bedroom apartment of 1,084 sqft on the 15th floor of Marina Diamond Tower 5, a 19-storey tower in Dubai Marina completed in 2007 by Diamond Developers. It last sold on 1 May 2023 for AED 1,150,000, or AED 1,061 per sqft, 15% above the AED 922 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 22 January 2024, is AED 100,000 a year: a gross yield of 8.7% on the 2023 price, before the service charge of about AED 15,400 a year.
Sales and rents for 1501 over time
1501 has sold twice; the dashed line is the two-bed median of each year in the building.
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 1501 sits
All 73 2-beds →1501 last sold in May 2023 at AED 1,061 per sqft, 15% above what two-beds in Marina Diamond Tower 5 were fetching at the time (AED 922). 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. 1501's AED 100,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Oct 20262 October 2026 | 1,084 sqft | 1,450,000 | 1,338 | ||
| 4 Sep 20264 September 2026 | 1,084 sqft | 1,500,000 | 1,384 | ||
| 28 Nov 202528 November 2025 | 1,084 sqft | 1,650,000 | 1,522 | ||
| 17 Oct 202517 October 2025 | 1,084 sqft | 1,450,000 | 1,338 |
Marina Diamond Tower 5
Building190 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%
Other units on the 15th floor
All 190 units in Marina Diamond Tower 5| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1502 | 2-bed | 1,084 sqft | AED 900KAED 899,720 · Jul 2008July 2008 | ||
| 1503 | 1-bed | 714 sqft | AED 950KAED 950,000 · Jul 2024July 2024 | 80,000 /yr | |
| 1504 | 1-bed | 769 sqft | AED 302KAED 301,568 · Feb 2014February 2014 | 66,000 /yr | |
| 1505 | 1-bed | 714 sqft | AED 515KAED 515,000 · Feb 2011February 2011 | 60,000 /yr | |
| 1506 | 2-bed | 1,084 sqft | AED 1.35MAED 1,350,000 · May 2015May 2015 | 119,000 /yr | |
| 1507 | 2-bed | 1,084 sqft | AED 1.05MAED 1,050,000 · Nov 2017November 2017 | 55,000 /yr | |
| 1508 | 1-bed | 708 sqft | AED 890KAED 889,814 · Sep 2026September 2026 | 60,000 /yr | |
| 1509 | 1-bed | 706 sqft | AED 1.19MAED 1,185,000 · Jan 2025January 2025 | 86,000 /yr | |
| 1510 | 1-bed | 708 sqft | AED 635KAED 635,000 · Nov 2008November 2008 | 57,000 /yr |
1501, Marina Diamond Tower 5 in numbers
- Sold twice: first on 21 October 2009 for AED 932,240, last on 1 May 2023 for AED 1,150,000 (AED 1,061 per sqft).
- Rented since June 2013 on 8 Ejari contracts. The rent fell from AED 77,000 to AED 68,000 in 2020 and recovered to AED 100,000 by January 2024.
- At AED 100,000 a year the gross yield on the 2023 price is 8.7%, 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 22 January 2024.
Questions about 1501, Marina Diamond Tower 5
What did unit 1501 last sell for?
AED 1,150,000 on 1 May 2023: AED 1,061 per sqft for 1,084 sqft. The unit has 2 registered sales; the first was AED 932,240 in October 2009.
What is the rent for unit 1501?
AED 100,000 a year on the contract signed on 22 January 2024. The previous contract, from January 2024, was AED 100,000; the unit has been rented since June 2013.
How big is unit 1501?
1,084 sqft (100.7 sqm): a two-bedroom apartment on the 15th floor of a 19-storey tower completed in 2007.
What is unit 1501 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 1501, Marina Diamond Tower 5
Starts from the last sale price (AED 1.15M, 1 May 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,150,000
- Deposit, UAE resident (20%)
- AED 230,000
- Deposit, non-resident (40%)
- AED 460,000
- Monthly over 25 years at 3.7%
- AED 4,705
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →