302, Marina Diamond Tower 5
Sold prices and rental history: sold once, by the developer in April 2009, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 302, Marina Diamond Tower 5
What is 302 worth today?
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Source: Dubai Land Department. Updated 27 July 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,084 sqft
- Floor
- 3rd of 19
- Parking
- 22 B1
- Developer
- Diamond Developers
- Completed
- 2007
- Service charge
- AED 15,400 /yr
- Last sold
- AED 802K · April 2009
- Building
- Marina Diamond Tower 5
About 302, Marina Diamond Tower 5
302 is a two-bedroom apartment of 1,084 sqft on the 3rd floor of Marina Diamond Tower 5, a 19-storey tower in Dubai Marina completed in 2007 by Diamond Developers. The developer sold it on 22 April 2009 for AED 802,160, or AED 740 per sqft, 11% below the AED 835 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 27 July 2023, is AED 125,000 a year: a gross yield of 15.6% on the 2009 price, before the service charge of about AED 15,400 a year.
Sales and rents for 302 over time
302 has sold once; the dashed line is the two-bed median of each year in the building.
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 302 sits
All 73 2-beds →302 last sold in April 2009 at AED 740 per sqft, 11% below what two-beds in Marina Diamond Tower 5 were fetching at the time (AED 835). 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. 302's AED 125,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Oct 20262 October 2026 | 1,084 sqft | 1,450,000 | 1,338 | ||
| 4 Sep 20264 September 2026 | 1,084 sqft | 1,500,000 | 1,384 | ||
| 28 Nov 202528 November 2025 | 1,084 sqft | 1,650,000 | 1,522 | ||
| 17 Oct 202517 October 2025 | 1,084 sqft | 1,450,000 | 1,338 |
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 3rd floor
All 190 units in Marina Diamond Tower 5| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 2-bed | 1,084 sqft | AED 1.1MAED 1,100,000 · Mar 2017March 2017 | 110,000 /yr | |
| 303 | 1-bed | 714 sqft | AED 675KAED 675,000 · Jun 2021June 2021 | 77,000 /yr | |
| 304 | 1-bed | 769 sqft | AED 565KAED 565,215 · Sep 2012September 2012 | 46,000 /yr | |
| 305 | 1-bed | 714 sqft | AED 940KAED 940,000 · Oct 2023October 2023 | 86,625 /yr | |
| 306 | 2-bed | 1,084 sqft | AED 980KAED 980,000 · Jun 2023June 2023 | 36,000 /yr | |
| 307 | 2-bed | 1,084 sqft | AED 815KAED 815,171 · Oct 2009October 2009 | 109,000 /yr | |
| 308 | 1-bed | 708 sqft | AED 1.08MAED 1,075,000 · Jan 2026January 2026 | 80,000 /yr | |
| 309 | 1-bed | 706 sqft | AED 490KAED 490,000 · Feb 2021February 2021 | 45,000 /yr | |
| 310 | 1-bed | 708 sqft | AED 590KAED 590,000 · Jul 2012July 2012 | 80,000 /yr |
302, Marina Diamond Tower 5 in numbers
- Sold once: by Diamond Developers on 22 April 2009 for AED 802,160, or AED 740 per sqft.
- Rented since April 2013 on 6 Ejari contracts. The rent fell from AED 162,000 to AED 73,500 in 2021 and recovered to AED 125,000 by July 2023.
- At AED 125,000 a year the gross yield on the 2009 price is 15.6%, 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 27 July 2023.
Questions about 302, Marina Diamond Tower 5
What did unit 302 last sell for?
AED 802,160 on 22 April 2009, sold by the developer: AED 740 per sqft for 1,084 sqft. It is the only registered sale of the unit.
What is the rent for unit 302?
AED 125,000 a year on the contract signed on 27 July 2023. The previous contract, from March 2023, was AED 125,000; the unit has been rented since April 2013.
How big is unit 302?
1,084 sqft (100.7 sqm): a two-bedroom apartment on the 3rd floor of a 19-storey tower completed in 2007.
What is unit 302 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 302, Marina Diamond Tower 5
Starts from the last sale price (AED 802K, 22 April 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 802,160
- Deposit, UAE resident (20%)
- AED 160,432
- Deposit, non-resident (40%)
- AED 320,864
- Monthly over 25 years at 3.7%
- AED 3,282
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →