407, Marina Diamond Tower 5
Sold prices and rental history: sold twice, last in March 2011, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 407, Marina Diamond Tower 5
What is 407 worth today?
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Source: Dubai Land Department. Updated 1 October 2021.
Key facts
- Type
- 2-bed apartment
- Size
- 1,084 sqft
- Floor
- 4th of 19
- Parking
- 36 B1
- Developer
- Diamond Developers
- Completed
- 2007
- Service charge
- AED 15,400 /yr
- Last sold
- AED 650K · March 2011
- Building
- Marina Diamond Tower 5
About 407, Marina Diamond Tower 5
407 is a two-bedroom apartment of 1,084 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 March 2011 for AED 650,000, or AED 599 per sqft, 28% below the AED 830 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 4 Ejari contracts. The current contract, signed on 1 October 2021, is AED 55,000 a year: a gross yield of 8.5% on the 2011 price, before the service charge of about AED 15,400 a year.
Sales and rents for 407 over time
407 has sold twice; 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 407 sits
All 73 2-beds →407 last sold in March 2011 at AED 599 per sqft, 28% below what two-beds in Marina Diamond Tower 5 were fetching at the time (AED 830). 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. 407's AED 55,000 is in the lower 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 4th floor
All 190 units in Marina Diamond Tower 5| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 1,084 sqft | AED 829KAED 828,989 · Jan 2013January 2013 | 91,350 /yr | |
| 402 | 2-bed | 271 sqft | AED 825KAED 825,000 · Jun 2014June 2014 | ||
| 403 | 1-bed | 714 sqft | AED 960KAED 960,000 · Oct 2026October 2026 | 72,000 /yr | |
| 404 | 1-bed | 769 sqft | AED 1.2MAED 1,200,000 · Oct 2008October 2008 | 68,000 /yr | |
| 405 | 1-bed | 714 sqft | AED 590KAED 590,127 · Jul 2008July 2008 | 90,000 /yr | |
| 406 | 2-bed | 1,084 sqft | AED 780KAED 780,000 · Mar 2021March 2021 | 72,000 /yr | |
| 408 | 1-bed | 708 sqft | AED 700KAED 700,000 · Jan 2023January 2023 | 75,000 /yr | |
| 409 | 1-bed | 706 sqft | AED 875KAED 875,000 · Apr 2017April 2017 | 65,000 /yr | |
| 410 | 1-bed | 708 sqft | AED 525KAED 524,628 · Oct 2008October 2008 | 68,000 /yr |
407, Marina Diamond Tower 5 in numbers
- Sold twice: first on 28 March 2011 for AED 950,600, last on 29 March 2011 for AED 650,000 (AED 599 per sqft).
- Rented since June 2015 on 4 Ejari contracts, at AED 55,000 a year.
- At AED 55,000 a year the gross yield on the 2011 price is 8.5%, 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 1 October 2021.
Questions about 407, Marina Diamond Tower 5
What did unit 407 last sell for?
AED 650,000 on 29 March 2011: AED 599 per sqft for 1,084 sqft. The unit has 2 registered sales; the first was AED 950,600 in March 2011.
What is the rent for unit 407?
AED 55,000 a year on the contract signed on 1 October 2021. The previous contract, from January 2020, was AED 72,000; the unit has been rented since June 2015.
How big is unit 407?
1,084 sqft (100.7 sqm): a two-bedroom apartment on the 4th floor of a 19-storey tower completed in 2007.
What is unit 407 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 407, Marina Diamond Tower 5
Starts from the last sale price (AED 650K, 29 March 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 650,000
- Deposit, UAE resident (20%)
- AED 130,000
- Deposit, non-resident (40%)
- AED 260,000
- Monthly over 25 years at 3.7%
- AED 2,659
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →