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2-bed · 271 sqftMarina Diamond Tower 5, Dubai Marina · 4th floor · completed 2007

402, Marina Diamond Tower 5

Sold prices and rental history: sold 3 times, last in June 2014, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 402 · DLD and Ejari recordsUpdated 29 June 2014
Last soldAED 825K29 June 2014
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 402, Marina Diamond Tower 5

What is 402 worth today?

Last sold for AED 825,000 in 2014

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29 Jun 2014SoldReady
AED 825,000AED 761 per sqft
19 Sep 2011SoldReady
AED 185,250AED 683 per sqft
3 Sep 2008Sold by developerReady
AED 807,580AED 745 per sqft

Source: Dubai Land Department. Updated 29 June 2014.

Key facts

Type
2-bed apartment
Size
271 sqft
Floor
4th of 19
Parking
32 B1
Developer
Diamond Developers
Completed
2007
Service charge
AED 3,900 /yr
Last sold
AED 825K · June 2014
Building
Marina Diamond Tower 5

About 402, Marina Diamond Tower 5

402 is a two-bedroom apartment of 271 sqft on the 4th floor of Marina Diamond Tower 5, a 19-storey tower in Dubai Marina completed in 2007 by Diamond Developers. It last sold on 29 June 2014 for AED 825,000, or AED 761 per sqft, 4% above the AED 731 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 402 over time

Sales
Unit 402, each saleTypical two-bed in Marina Diamond Tower 5
01M2008201320182023Typical 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, September 2008: AED 807,580 (AED 745 per sqft)Sold, September 2011: AED 185,250 (AED 683 per sqft)Sold, June 2014: AED 825,000 (AED 761 per sqft)

402 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 402, each contractTypical two-bed in Marina Diamond Tower 5
75K100K2012201620202024Typical 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 108,000

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 402 sits

All 73 2-beds →

402 last sold in June 2014 at AED 761 per sqft, 4% above what two-beds in Marina Diamond Tower 5 were fetching at the time (AED 731). 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.

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 4th floor

All 190 units in Marina Diamond Tower 5
Value
4012-bedAED 829K · Jan 2013
4031-bedAED 960K · Oct 2026
4041-bedAED 1.2M · Oct 2008
4051-bedAED 590K · Jul 2008
4062-bedAED 780K · Mar 2021
4072-bedAED 650K · Mar 2011
4081-bedAED 700K · Jan 2023
1–7 of 9

402, Marina Diamond Tower 5 in numbers

  • Sold 3 times: first on 3 September 2008 for AED 807,580, last on 29 June 2014 for AED 825,000 (AED 761 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 29 June 2014.

Questions about 402, Marina Diamond Tower 5

What did unit 402 last sell for?

AED 825,000 on 29 June 2014: AED 761 per sqft for 271 sqft. The unit has 3 registered sales; the first was AED 807,580 in September 2008.

How big is unit 402?

271 sqft (25.2 sqm): a two-bedroom apartment on the 4th floor of a 19-storey tower completed in 2007.

What is unit 402 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 402, Marina Diamond Tower 5

Starts from the last sale price (AED 825K, 29 June 2014). Switch to today's estimate once you have unlocked it.
Price
AED 825,000
Deposit, UAE resident (20%)
AED 165,000
Deposit, non-resident (40%)
AED 330,000
Monthly over 25 years at 3.7%
AED 3,375

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