1609, Marina Diamond Tower 5
Sold prices and rental history: sold once, by the developer in August 2008, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1609, Marina Diamond Tower 5
What is 1609 worth today?
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Source: Dubai Land Department. Updated 13 September 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 706 sqft
- Floor
- 16th of 19
- Parking
- 69 B2
- Developer
- Diamond Developers
- Completed
- 2007
- Service charge
- AED 10,100 /yr
- Last sold
- AED 1.13M · August 2008
- Building
- Marina Diamond Tower 5
About 1609, Marina Diamond Tower 5
1609 is a one-bedroom apartment of 706 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 7 August 2008 for AED 1,130,000, or AED 1,599 per sqft, 78% above the AED 899 one-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 13 Ejari contracts. The current contract, renewed on 13 September 2023, is AED 55,200 a year: a gross yield of 4.9% on the 2008 price, before the service charge of about AED 10,100 a year.
Sales and rents for 1609 over time
1609 has sold once; the dashed line is the one-bed median of each year in the building.
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 1609 sits
All 115 1-beds →1609 last sold in August 2008 at AED 1,599 per sqft, 78% above what one-beds in Marina Diamond Tower 5 were fetching at the time (AED 899). 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. 1609's AED 55,200 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 6 Oct 20266 October 2026 | 714 sqft | 960,000 | 1,343 | ||
| 1 Sep 20261 September 2026 | 708 sqft | 889,814 | 1,256 | ||
| 2 Apr 20262 April 2026 | 708 sqft | 875,000 | 1,235 | ||
| 11 Mar 202611 March 2026 | 708 sqft | 1,175,000 | 1,659 |
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 16th floor
All 190 units in Marina Diamond Tower 5| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 2-bed | 1,084 sqft | AED 940KAED 940,000 · Apr 2022April 2022 | 102,462 /yr | |
| 1602 | 2-bed | 1,084 sqft | AED 955KAED 955,000 · Jan 2010January 2010 | ||
| 1603 | 1-bed | 714 sqft | AED 490KAED 490,000 · Jan 2021January 2021 | 73,000 /yr | |
| 1604 | 1-bed | 769 sqft | AED 607KAED 606,799 · Sep 2008September 2008 | 76,000 /yr | |
| 1605 | 1-bed | 714 sqft | AED 616KAED 616,208 · Oct 2008October 2008 | 65,000 /yr | |
| 1606 | 2-bed | 1,084 sqft | AED 900KAED 900,000 · Apr 2022April 2022 | 105,000 /yr | |
| 1607 | 2-bed | 1,084 sqft | AED 1.04MAED 1,035,000 · May 2010May 2010 | ||
| 1608 | 1-bed | 708 sqft | AED 610KAED 609,934 · Oct 2008October 2008 | 70,000 /yr | |
| 1610 | 1-bed | 708 sqft | AED 1.03MAED 1,030,000 · Feb 2014February 2014 | 58,800 /yr |
1609, Marina Diamond Tower 5 in numbers
- Sold once: by Diamond Developers on 7 August 2008 for AED 1,130,000, or AED 1,599 per sqft.
- Rented since June 2012 on 13 Ejari contracts. The rent fell from AED 60,000 to AED 40,000 in 2021 and recovered to AED 55,200 by September 2023.
- At AED 55,200 a year the gross yield on the 2008 price is 4.9%, 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 13 September 2023.
Questions about 1609, Marina Diamond Tower 5
What did unit 1609 last sell for?
AED 1,130,000 on 7 August 2008, sold by the developer: AED 1,599 per sqft for 706 sqft. It is the only registered sale of the unit.
What is the rent for unit 1609?
AED 55,200 a year on the contract renewed on 13 September 2023. The previous contract, from September 2022, was AED 48,000; the unit has been rented since June 2012.
How big is unit 1609?
706 sqft (65.6 sqm): a one-bedroom apartment on the 16th floor of a 19-storey tower completed in 2007.
What is unit 1609 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 1609, Marina Diamond Tower 5
Starts from the last sale price (AED 1.13M, 7 August 2008). Switch to today's estimate once you have unlocked it.- Price
- AED 1,130,000
- Deposit, UAE resident (20%)
- AED 226,000
- Deposit, non-resident (40%)
- AED 452,000
- Monthly over 25 years at 3.7%
- AED 4,623
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →