1506, Marina Diamond Tower 5
Sold prices and rental history: sold twice, last in May 2015, 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 1506, Marina Diamond Tower 5
What is 1506 worth today?
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Source: Dubai Land Department. Updated 15 September 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,084 sqft
- Floor
- 15th of 19
- Parking
- 56 B2
- Developer
- Diamond Developers
- Completed
- 2007
- Service charge
- AED 15,400 /yr
- Last sold
- AED 1.35M · May 2015
- Building
- Marina Diamond Tower 5
About 1506, Marina Diamond Tower 5
1506 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 28 May 2015 for AED 1,350,000, or AED 1,245 per sqft, 53% above the AED 815 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 15 September 2025, is AED 119,000 a year: a gross yield of 8.8% on the 2015 price, before the service charge of about AED 15,400 a year.
Sales and rents for 1506 over time
1506 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 1506 sits
All 73 2-beds →1506 last sold in May 2015 at AED 1,245 per sqft, 53% above what two-beds in Marina Diamond Tower 5 were fetching at the time (AED 815). 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. 1506's AED 119,000 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 | |||||
|---|---|---|---|---|---|
| 1501 | 2-bed | 1,084 sqft | AED 1.15MAED 1,150,000 · May 2023May 2023 | 100,000 /yr | |
| 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 | |
| 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 |
1506, Marina Diamond Tower 5 in numbers
- Sold twice: first on 13 July 2008 for AED 886,294, last on 28 May 2015 for AED 1,350,000 (AED 1,245 per sqft).
- Rented since September 2013 on 9 Ejari contracts. The rent fell from AED 85,000 to AED 75,000 in 2021 and recovered to AED 119,000 by September 2025.
- At AED 119,000 a year the gross yield on the 2015 price is 8.8%, 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 15 September 2025.
Questions about 1506, Marina Diamond Tower 5
What did unit 1506 last sell for?
AED 1,350,000 on 28 May 2015: AED 1,245 per sqft for 1,084 sqft. The unit has 2 registered sales; the first was AED 886,294 in July 2008.
What is the rent for unit 1506?
AED 119,000 a year on the contract signed on 15 September 2025. The previous contract, from November 2022, was AED 85,000; the unit has been rented since September 2013.
How big is unit 1506?
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 1506 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 1506, Marina Diamond Tower 5
Starts from the last sale price (AED 1.35M, 28 May 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,350,000
- Deposit, UAE resident (20%)
- AED 270,000
- Deposit, non-resident (40%)
- AED 540,000
- Monthly over 25 years at 3.7%
- AED 5,523
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →