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2-bed · 1,084 sqftMarina Diamond Tower 5, Dubai Marina · 16th floor · completed 2007

1602, Marina Diamond Tower 5

Sold prices and rental history: sold twice, last in January 2010, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1602 · DLD and Ejari recordsUpdated 14 January 2010
Last soldAED 955K14 January 2010
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1602, Marina Diamond Tower 5

What is 1602 worth today?

Last sold for AED 955,000 in 2010

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14 Jan 2010SoldReady
AED 955,000AED 881 per sqft
2 Sep 2008Sold by developerReady
AED 905,140AED 835 per sqft

Source: Dubai Land Department. Updated 14 January 2010.

Key facts

Type
2-bed apartment
Size
1,084 sqft
Floor
16th of 19
Parking
62 B2
Developer
Diamond Developers
Completed
2007
Service charge
AED 15,400 /yr
Last sold
AED 955K · January 2010
Building
Marina Diamond Tower 5

About 1602, Marina Diamond Tower 5

1602 is a two-bedroom apartment of 1,084 sqft on the 16th floor of Marina Diamond Tower 5, a 19-storey tower in Dubai Marina completed in 2007 by Diamond Developers. It last sold on 14 January 2010 for AED 955,000, or AED 881 per sqft, 9% above the AED 811 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1602 over time

Sales
Unit 1602, each saleTypical two-bed in Marina Diamond Tower 5
500K1M1.5M2008201320182023Typical 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 905,140 (AED 835 per sqft)Sold, January 2010: AED 955,000 (AED 881 per sqft)

1602 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1602, each contractTypical two-bed in Marina Diamond Tower 5
75K100K2012201620202024Typical 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 108,000

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 1602 sits

All 73 2-beds →

1602 last sold in January 2010 at AED 881 per sqft, 9% above what two-beds in Marina Diamond Tower 5 were fetching at the time (AED 811). 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.

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 16th floor

All 190 units in Marina Diamond Tower 5
Value
16012-bedAED 940K · Apr 2022
16031-bedAED 490K · Jan 2021
16041-bedAED 607K · Sep 2008
16051-bedAED 616K · Oct 2008
16062-bedAED 900K · Apr 2022
16072-bedAED 1.04M · May 2010
16081-bedAED 610K · Oct 2008
1–7 of 9

1602, Marina Diamond Tower 5 in numbers

  • Sold twice: first on 2 September 2008 for AED 905,140, last on 14 January 2010 for AED 955,000 (AED 881 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 January 2010.

Questions about 1602, Marina Diamond Tower 5

What did unit 1602 last sell for?

AED 955,000 on 14 January 2010: AED 881 per sqft for 1,084 sqft. The unit has 2 registered sales; the first was AED 905,140 in September 2008.

How big is unit 1602?

1,084 sqft (100.7 sqm): a two-bedroom apartment on the 16th floor of a 19-storey tower completed in 2007.

What is unit 1602 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 1602, Marina Diamond Tower 5

Starts from the last sale price (AED 955K, 14 January 2010). Switch to today's estimate once you have unlocked it.
Price
AED 955,000
Deposit, UAE resident (20%)
AED 191,000
Deposit, non-resident (40%)
AED 382,000
Monthly over 25 years at 3.7%
AED 3,907

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