2-bed · 1,084 sqftMarina Diamond Tower 5, Dubai Marina · 19th floor · completed 2007

1901, Marina Diamond Tower 5

Sold prices and rental history: sold twice, last in February 2017, and rented since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1901 · DLD and Ejari recordsUpdated 20 February 2017
Last soldAED 1.62M20 February 2017
Current rentAED 140K /yr24 December 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1901, Marina Diamond Tower 5

What is 1901 worth today?

Last sold for AED 1,615,000 in 2017

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20 Feb 2017SoldReady
AED 1,615,000AED 1,490 per sqft
24 Dec 2014RentedNew contract
AED 140,000/yr12 months · AED 129 per sqft
24 Dec 2013RentedNew contract
AED 120,000/yr12 months · AED 110 per sqft
24 Dec 2012RentedNew contract
AED 90,000/yr12 months · AED 83 per sqft
14 Oct 2008Sold by developerReady
AED 953,920AED 880 per sqft

Source: Dubai Land Department. Updated 20 February 2017.

Key facts

Type
2-bed apartment
Size
1,084 sqft
Floor
19th of 19
Parking
96 B1
Developer
Diamond Developers
Completed
2007
Service charge
AED 15,400 /yr
Last sold
AED 1.62M · February 2017

About 1901, Marina Diamond Tower 5

1901 is a two-bedroom apartment of 1,084 sqft on the 19th floor of Marina Diamond Tower 5, a 19-storey tower in Dubai Marina completed in 2007 by Diamond Developers. It last sold on 20 February 2017 for AED 1,615,000, or AED 1,490 per sqft, 28% above the AED 1,163 two-beds in the building were fetching at the time.

It has been rented since 2012 on 3 Ejari contracts. The current contract, signed on 24 December 2014, is AED 140,000 a year: a gross yield of 8.7% on the 2017 price, before the service charge of about AED 15,400 a year.

Sales and rents for 1901 over time

Sales
Unit 1901, 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, October 2008: AED 953,920 (AED 880 per sqft)Sold, February 2017: AED 1,615,000 (AED 1,490 per sqft)

1901 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1901, each contractTypical two-bed in Marina Diamond Tower 5
50K100K150K2012201620202024Typical 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 108,000New contract, December 2012: AED 90,000 a yearNew contract, December 2013: AED 120,000 a yearNew contract, December 2014: AED 140,000 a year

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 1901 sits

All 73 2-beds →

1901 last sold in February 2017 at AED 1,490 per sqft, 28% above what two-beds in Marina Diamond Tower 5 were fetching at the time (AED 1,163). 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. 1901's AED 140,000 is in the upper half of that range.

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 19th floor

All 190 units in Marina Diamond Tower 5
Value
19022-bedAED 921K · Jan 2013
19031-bedAED 1.13M · May 2024
19041-bedAED 800K · Jan 2020
19051-bedAED 850K · Apr 2023
19062-bedAED 1.3M · Jun 2023
19072-bedAED 1.23M · Dec 2023
19081-bedAED 920K · Oct 2016
1–7 of 9

1901, Marina Diamond Tower 5 in numbers

  • Sold twice: first on 14 October 2008 for AED 953,920, last on 20 February 2017 for AED 1,615,000 (AED 1,490 per sqft).
  • Rented since December 2012 on 3 Ejari contracts, from AED 90,000 to AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2017 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 20 February 2017.

Questions about 1901, Marina Diamond Tower 5

What did unit 1901 last sell for?

AED 1,615,000 on 20 February 2017: AED 1,490 per sqft for 1,084 sqft. The unit has 2 registered sales; the first was AED 953,920 in October 2008.

What is the rent for unit 1901?

AED 140,000 a year on the contract signed on 24 December 2014. The previous contract, from December 2013, was AED 120,000; the unit has been rented since December 2012.

How big is unit 1901?

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

What is unit 1901 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 1901, Marina Diamond Tower 5

Starts from the last sale price (AED 1.62M, 20 February 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,615,000
Deposit, UAE resident (20%)
AED 323,000
Deposit, non-resident (40%)
AED 646,000
Monthly over 25 years at 3.7%
AED 6,607

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