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

1902, Marina Diamond Tower 5

Sold prices and rental history: sold once, by the developer in January 2013, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1902 · DLD and Ejari recordsUpdated 7 September 2021
Last soldAED 921K27 January 2013
Current rentAED 30K /yr7 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1902, Marina Diamond Tower 5

What is 1902 worth today?

Last sold for AED 921,400 in 2013

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7 Sep 2021RentedRenewal
AED 30,000/yr12 months · AED 28 per sqft
6 Sep 2020RentedNew contract
AED 29,917/yr12 months · AED 28 per sqft
6 Aug 2020RentedRenewal
AED 46,000/yr12 months · AED 42 per sqft
6 Aug 2019RentedNew contract
AED 50,000/yr12 months · AED 46 per sqft
15 Feb 2018RentedNew contract
AED 90,000/yr12 months · AED 83 per sqft
6 Feb 2017RentedNew contract
AED 118,000/yr12 months · AED 109 per sqft
10 Sep 2014RentedNew contract
AED 125,000/yr12 months · AED 115 per sqft
27 Jan 2013Sold by developerReady
AED 921,400AED 850 per sqft

Source: Dubai Land Department. Updated 7 September 2021.

Key facts

Type
2-bed apartment
Size
1,084 sqft
Floor
19th of 19
Parking
92 B2
Developer
Diamond Developers
Completed
2007
Service charge
AED 15,400 /yr
Last sold
AED 921K · January 2013

About 1902, Marina Diamond Tower 5

1902 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. The developer sold it on 27 January 2013 for AED 921,400, or AED 850 per sqft, 11% above the AED 765 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, renewed on 7 September 2021, is AED 30,000 a year: a gross yield of 3.3% on the 2013 price, before the service charge of about AED 15,400 a year.

Sales and rents for 1902 over time

Sales
Unit 1902, 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, January 2013: AED 921,400 (AED 850 per sqft)

1902 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1902, each contractTypical two-bed in Marina Diamond Tower 5
50K100K2012201620202024Typical 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, September 2014: AED 125,000 a yearNew contract, February 2017: AED 118,000 a yearNew contract, February 2018: AED 90,000 a yearNew contract, August 2019: AED 50,000 a yearRenewal, August 2020: AED 46,000 a yearNew contract, September 2020: AED 29,917 a yearRenewal, September 2021: AED 30,000 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 1902 sits

All 73 2-beds →

1902 last sold in January 2013 at AED 850 per sqft, 11% above what two-beds in Marina Diamond Tower 5 were fetching at the time (AED 765). 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. 1902's AED 30,000 is at the bottom 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
19012-bedAED 1.62M · Feb 2017
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

1902, Marina Diamond Tower 5 in numbers

  • Sold once: by Diamond Developers on 27 January 2013 for AED 921,400, or AED 850 per sqft.
  • Rented since September 2014 on 7 Ejari contracts, from AED 125,000 to AED 30,000 a year.
  • At AED 30,000 a year the gross yield on the 2013 price is 3.3%, 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 7 September 2021.

Questions about 1902, Marina Diamond Tower 5

What did unit 1902 last sell for?

AED 921,400 on 27 January 2013, sold by the developer: AED 850 per sqft for 1,084 sqft. It is the only registered sale of the unit.

What is the rent for unit 1902?

AED 30,000 a year on the contract renewed on 7 September 2021. The previous contract, from September 2020, was AED 29,917; the unit has been rented since September 2014.

How big is unit 1902?

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 1902 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 1902, Marina Diamond Tower 5

Starts from the last sale price (AED 921K, 27 January 2013). Switch to today's estimate once you have unlocked it.
Price
AED 921,400
Deposit, UAE resident (20%)
AED 184,280
Deposit, non-resident (40%)
AED 368,560
Monthly over 25 years at 3.7%
AED 3,770

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