501, Marina Diamond Tower 5
Sold prices and rental history: sold 4 times, last in December 2021, 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 501, Marina Diamond Tower 5
What is 501 worth today?
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Source: Dubai Land Department. Updated 17 April 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,084 sqft
- Floor
- 5th of 19
- Parking
- 40 B1
- Developer
- Diamond Developers
- Completed
- 2007
- Service charge
- AED 15,400 /yr
- Last sold
- AED 1.15M · December 2021
- Building
- Marina Diamond Tower 5
About 501, Marina Diamond Tower 5
501 is a two-bedroom apartment of 1,084 sqft on the 5th floor of Marina Diamond Tower 5, a 19-storey tower in Dubai Marina completed in 2007 by Diamond Developers. It last sold on 14 December 2021 for AED 1,150,000, or AED 1,061 per sqft, 36% above the AED 780 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, signed on 17 April 2024, is AED 105,000 a year: a gross yield of 9.1% on the 2021 price, before the service charge of about AED 15,400 a year.
Sales and rents for 501 over time
501 has sold 4 times; 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 501 sits
All 73 2-beds →501 last sold in December 2021 at AED 1,061 per sqft, 36% above what two-beds in Marina Diamond Tower 5 were fetching at the time (AED 780). 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. 501's AED 105,000 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 5th floor
All 190 units in Marina Diamond Tower 5| ValueToday's value | |||||
|---|---|---|---|---|---|
| 502 | 2-bed | 1,084 sqft | AED 813KAED 813,000 · Aug 2008August 2008 | 120,000 /yr | |
| 503 | 1-bed | 714 sqft | AED 865KAED 865,000 · Jun 2016June 2016 | 62,700 /yr | |
| 504 | 1-bed | 769 sqft | AED 1.02MAED 1,015,000 · Jun 2014June 2014 | 72,000 /yr | |
| 505 | 1-bed | 714 sqft | AED 559KAED 559,015 · Jun 2008June 2008 | 75,000 /yr | |
| 506 | 2-bed | 1,084 sqft | AED 790KAED 790,000 · Apr 2009April 2009 | 65,326 /yr | |
| 507 | 2-bed | 1,084 sqft | AED 1.25MAED 1,250,000 · Sep 2024September 2024 | ||
| 508 | 1-bed | 708 sqft | AED 540KAED 540,000 · Apr 2011April 2011 | 65,000 /yr | |
| 509 | 1-bed | 706 sqft | AED 550KAED 550,000 · Nov 2019November 2019 | 65,000 /yr | |
| 510 | 1-bed | 708 sqft | AED 910KAED 910,000 · Mar 2017March 2017 | 62,000 /yr |
501, Marina Diamond Tower 5 in numbers
- Sold 4 times: first on 12 June 2013 for AED 878,040, last on 14 December 2021 for AED 1,150,000 (AED 1,061 per sqft).
- Rented since July 2013 on 11 Ejari contracts. The rent fell from AED 85,000 to AED 53,000 in 2020 and recovered to AED 105,000 by April 2024.
- At AED 105,000 a year the gross yield on the 2021 price is 9.1%, 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 17 April 2024.
Questions about 501, Marina Diamond Tower 5
What did unit 501 last sell for?
AED 1,150,000 on 14 December 2021: AED 1,061 per sqft for 1,084 sqft. The unit has 4 registered sales; the first was AED 878,040 in June 2013.
What is the rent for unit 501?
AED 105,000 a year on the contract signed on 17 April 2024. The previous contract, from April 2024, was AED 105,000; the unit has been rented since July 2013.
How big is unit 501?
1,084 sqft (100.7 sqm): a two-bedroom apartment on the 5th floor of a 19-storey tower completed in 2007.
What is unit 501 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 501, Marina Diamond Tower 5
Starts from the last sale price (AED 1.15M, 14 December 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 1,150,000
- Deposit, UAE resident (20%)
- AED 230,000
- Deposit, non-resident (40%)
- AED 460,000
- Monthly over 25 years at 3.7%
- AED 4,705
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →