1-bed · 708 sqftMarina Diamond Tower 5, Dubai Marina · 16th floor · completed 2007

1608, Marina Diamond Tower 5

Sold prices and rental history: sold once, by the developer in October 2008, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1608 · DLD and Ejari recordsUpdated 9 February 2026
Last soldAED 610K13 October 2008
Current rentAED 70K /yr9 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1608, Marina Diamond Tower 5

What is 1608 worth today?

Last sold for AED 609,934 in 2008

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9 Feb 2026RentedRenewal
AED 70,000/yr12 months · AED 100 per sqft
9 Feb 2025RentedNew contract
AED 72,000/yr12 months · AED 101 per sqft
9 Feb 2024RentedRenewal
AED 68,000/yr12 months · AED 97 per sqft
9 Feb 2024RentedRenewal
AED 68,000/yr12 months · AED 97 per sqft
9 Feb 2023RentedNew contract
AED 62,000/yr12 months · AED 87 per sqft
29 Jan 2021RentedNew contract
AED 36,000/yr12 months · AED 51 per sqft
15 Sep 2018RentedNew contract
AED 56,000/yr12 months · AED 79 per sqft
31 Dec 2013RentedNew contract
AED 60,000/yr12 months · AED 84 per sqft

Source: Dubai Land Department. Updated 9 February 2026.

Key facts

Type
1-bed apartment
Size
708 sqft
Floor
16th of 19
Parking
68 B2
Developer
Diamond Developers
Completed
2007
Service charge
AED 10,100 /yr
Last sold
AED 610K · October 2008

About 1608, Marina Diamond Tower 5

1608 is a one-bedroom apartment of 708 sqft on the 16th floor of Marina Diamond Tower 5, a 19-storey tower in Dubai Marina completed in 2007 by Diamond Developers. The developer sold it on 13 October 2008 for AED 609,934, or AED 861 per sqft, in line with the AED 876 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 9 February 2026, is AED 70,000 a year: a gross yield of 11.5% on the 2008 price, before the service charge of about AED 10,100 a year.

Sales and rents for 1608 over time

Sales
Unit 1608, each saleTypical one-bed in Marina Diamond Tower 5
500K1M2008201320182023Typical sale price by year: 2008 AED 618,335; 2009 AED 620,968; 2010 AED 560,000; 2011 AED 527,500; 2012 AED 580,000; 2013 AED 750,000; 2014 AED 1,022,500; 2015 AED 895,000; 2016 AED 800,000; 2017 AED 877,500; 2018 AED 800,000; 2019 AED 475,000; 2020 AED 530,000; 2021 AED 595,250; 2022 AED 700,000; 2023 AED 842,500; 2024 AED 1,075,000; 2025 AED 1,050,000; 2026 AED 960,000Sold by developer, October 2008: AED 609,934 (AED 861 per sqft)

1608 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1608, each contractTypical one-bed in Marina Diamond Tower 5
50K75K20112015201920232027Typical rent by year: 2011 AED 52,000; 2012 AED 55,000; 2013 AED 60,000; 2014 AED 75,000; 2015 AED 82,000; 2016 AED 80,000; 2017 AED 75,000; 2018 AED 65,000; 2019 AED 56,000; 2020 AED 50,000; 2021 AED 45,000; 2022 AED 50,000; 2023 AED 64,500; 2024 AED 73,750; 2025 AED 75,000; 2026 AED 72,000New contract, December 2013: AED 60,000 a yearNew contract, September 2018: AED 56,000 a yearNew contract, January 2021: AED 36,000 a yearNew contract, February 2023: AED 62,000 a yearRenewal, February 2024: AED 68,000 a yearRenewal, February 2024: AED 68,000 a yearNew contract, February 2025: AED 72,000 a yearRenewal, February 2026: AED 70,000 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 5, and where 1608 sits

All 115 1-beds →

1608 last sold in October 2008 at AED 861 per sqft, in line with what one-beds in Marina Diamond Tower 5 were fetching at the time (AED 876). Over the last 12 months one-beds sold for AED 875,000 to 1,175,000, around AED 1,469 per sqft, and rent for AED 55,000 to 134,400 a year. 1608's AED 70,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
6 Oct 2026960,000
1 Sep 2026889,814
2 Apr 2026875,000
11 Mar 20261,175,000
7 1-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
16022-bedAED 955K · Jan 2010
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
1–7 of 9

1608, Marina Diamond Tower 5 in numbers

  • Sold once: by Diamond Developers on 13 October 2008 for AED 609,934, or AED 861 per sqft.
  • Rented since December 2013 on 8 Ejari contracts. The rent fell from AED 60,000 to AED 36,000 in 2021 and recovered to AED 70,000 by February 2026.
  • At AED 70,000 a year the gross yield on the 2008 price is 11.5%, before a service charge of about AED 10,100 a year (AED 14.24 per sqft).
  • One-beds in Marina Diamond Tower 5 sold for AED 875,000–1,175,000 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 9 February 2026.

Questions about 1608, Marina Diamond Tower 5

What did unit 1608 last sell for?

AED 609,934 on 13 October 2008, sold by the developer: AED 861 per sqft for 708 sqft. It is the only registered sale of the unit.

What is the rent for unit 1608?

AED 70,000 a year on the contract renewed on 9 February 2026. The previous contract, from February 2025, was AED 72,000; the unit has been rented since December 2013.

How big is unit 1608?

708 sqft (65.8 sqm): a one-bedroom apartment on the 16th floor of a 19-storey tower completed in 2007.

What is unit 1608 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 5 sold for AED 875,000 to 1,175,000 in the last 12 months, around AED 1,469 per sqft.

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Mortgage on 1608, Marina Diamond Tower 5

Starts from the last sale price (AED 610K, 13 October 2008). Switch to today's estimate once you have unlocked it.
Price
AED 609,934
Deposit, UAE resident (20%)
AED 121,987
Deposit, non-resident (40%)
AED 243,974
Monthly over 25 years at 3.7%
AED 2,495

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