408, Marina Diamond Tower 5
Sold prices and rental history: sold twice, last in January 2023, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 408, Marina Diamond Tower 5
What is 408 worth today?
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Source: Dubai Land Department. Updated 27 January 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 708 sqft
- Floor
- 4th of 19
- Parking
- 37 B1
- Developer
- Diamond Developers
- Completed
- 2007
- Service charge
- AED 10,100 /yr
- Last sold
- AED 700K · January 2023
- Building
- Marina Diamond Tower 5
About 408, Marina Diamond Tower 5
408 is a one-bedroom apartment of 708 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 18 January 2023 for AED 700,000, or AED 988 per sqft, in line with the AED 988 one-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, signed on 27 January 2025, is AED 75,000 a year: a gross yield of 10.7% on the 2023 price, before the service charge of about AED 10,100 a year.
Sales and rents for 408 over time
408 has sold twice; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Marina Diamond Tower 5, and where 408 sits
All 115 1-beds →408 last sold in January 2023 at AED 988 per sqft, in line with what one-beds in Marina Diamond Tower 5 were fetching at the time (AED 988). Over the last 12 months one-beds sold for AED 875,000 to 1,175,000, around AED 1,469 per sqft, and rent for AED 55,000 to 134,400 a year. 408's AED 75,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 6 Oct 20266 October 2026 | 714 sqft | 960,000 | 1,343 | ||
| 1 Sep 20261 September 2026 | 708 sqft | 889,814 | 1,256 | ||
| 2 Apr 20262 April 2026 | 708 sqft | 875,000 | 1,235 | ||
| 11 Mar 202611 March 2026 | 708 sqft | 1,175,000 | 1,659 |
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 | |
| 407 | 2-bed | 1,084 sqft | AED 650KAED 650,000 · Mar 2011March 2011 | 55,000 /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 |
408, Marina Diamond Tower 5 in numbers
- Sold twice: first on 12 June 2013 for AED 710,000, last on 18 January 2023 for AED 700,000 (AED 988 per sqft).
- Rented since November 2012 on 9 Ejari contracts. The rent fell from AED 60,000 to AED 40,000 in 2020 and recovered to AED 75,000 by January 2025.
- At AED 75,000 a year the gross yield on the 2023 price is 10.7%, before a service charge of about AED 10,100 a year (AED 14.24 per sqft).
- One-beds in Marina Diamond Tower 5 sold for AED 875,000–1,175,000 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 January 2025.
Questions about 408, Marina Diamond Tower 5
What did unit 408 last sell for?
AED 700,000 on 18 January 2023: AED 988 per sqft for 708 sqft. The unit has 2 registered sales; the first was AED 710,000 in June 2013.
What is the rent for unit 408?
AED 75,000 a year on the contract signed on 27 January 2025. The previous contract, from December 2021, was AED 42,000; the unit has been rented since November 2012.
How big is unit 408?
708 sqft (65.8 sqm): a one-bedroom apartment on the 4th floor of a 19-storey tower completed in 2007.
What is unit 408 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Marina Diamond Tower 5 sold for AED 875,000 to 1,175,000 in the last 12 months, around AED 1,469 per sqft.
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Mortgage on 408, Marina Diamond Tower 5
Starts from the last sale price (AED 700K, 18 January 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 700,000
- Deposit, UAE resident (20%)
- AED 140,000
- Deposit, non-resident (40%)
- AED 280,000
- Monthly over 25 years at 3.7%
- AED 2,864
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →