1-bed · 714 sqftMarina Diamond Tower 5, Dubai Marina · 5th floor · completed 2007

503, Marina Diamond Tower 5

Sold prices and rental history: sold twice, last in June 2016, and rented since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 503 · DLD and Ejari recordsUpdated 5 June 2016
Last soldAED 865K5 June 2016
Current rentAED 63K /yr1 November 2013
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 503, Marina Diamond Tower 5

What is 503 worth today?

Last sold for AED 865,000 in 2016

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5 Jun 2016SoldReady
AED 865,000AED 1,210 per sqft
1 Nov 2013RentedNew contract
AED 62,700/yr8 months · AED 88 per sqft
30 Sep 2013Sold by developerReady
AED 559,015AED 782 per sqft
1 Nov 2012RentedNew contract
AED 56,842/yr12 months · AED 80 per sqft

Source: Dubai Land Department. Updated 5 June 2016.

Key facts

Type
1-bed apartment
Size
714 sqft
Floor
5th of 19
Parking
43 B1
Developer
Diamond Developers
Completed
2007
Service charge
AED 10,200 /yr
Last sold
AED 865K · June 2016

About 503, Marina Diamond Tower 5

503 is a one-bedroom apartment of 714 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 5 June 2016 for AED 865,000, or AED 1,210 per sqft, in line with the AED 1,210 one-beds in the building were fetching at the time.

It has been rented since 2012 on 2 Ejari contracts. The current contract, signed on 1 November 2013, is AED 62,700 a year: a gross yield of 7.2% on the 2016 price, before the service charge of about AED 10,200 a year.

Sales and rents for 503 over time

Sales
Unit 503, each saleTypical one-bed in Marina Diamond Tower 5
500K1M2008201320182023Typical sale price by year: 2008 AED 618,335; 2009 AED 620,968; 2010 AED 560,000; 2011 AED 527,500; 2012 AED 580,000; 2013 AED 750,000; 2014 AED 1,022,500; 2015 AED 895,000; 2016 AED 800,000; 2017 AED 877,500; 2018 AED 800,000; 2019 AED 475,000; 2020 AED 530,000; 2021 AED 595,250; 2022 AED 700,000; 2023 AED 842,500; 2024 AED 1,075,000; 2025 AED 1,050,000; 2026 AED 960,000Sold by developer, September 2013: AED 559,015 (AED 782 per sqft)Sold, June 2016: AED 865,000 (AED 1,210 per sqft)

503 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 503, each contractTypical one-bed in Marina Diamond Tower 5
40K60K80K20112015201920232027Typical rent by year: 2011 AED 52,000; 2012 AED 55,000; 2013 AED 60,000; 2014 AED 75,000; 2015 AED 82,000; 2016 AED 80,000; 2017 AED 75,000; 2018 AED 65,000; 2019 AED 56,000; 2020 AED 50,000; 2021 AED 45,000; 2022 AED 50,000; 2023 AED 64,500; 2024 AED 73,750; 2025 AED 75,000; 2026 AED 72,000New contract, November 2012: AED 56,842 a yearNew contract, November 2013: AED 62,700 a year

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 503 sits

All 115 1-beds →

503 last sold in June 2016 at AED 1,210 per sqft, in line with what one-beds in Marina Diamond Tower 5 were fetching at the time (AED 1,210). 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. 503's AED 62,700 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
6 Oct 2026960,000
1 Sep 2026889,814
2 Apr 2026875,000
11 Mar 20261,175,000
7 1-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 5th floor

All 190 units in Marina Diamond Tower 5
Value
5012-bedAED 1.15M · Dec 2021
5022-bedAED 813K · Aug 2008
5041-bedAED 1.02M · Jun 2014
5051-bedAED 559K · Jun 2008
5062-bedAED 790K · Apr 2009
5072-bedAED 1.25M · Sep 2024
5081-bedAED 540K · Apr 2011
1–7 of 9

503, Marina Diamond Tower 5 in numbers

  • Sold twice: first on 30 September 2013 for AED 559,015, last on 5 June 2016 for AED 865,000 (AED 1,210 per sqft).
  • Rented since November 2012 on 2 Ejari contracts, from AED 56,842 to AED 62,700 a year.
  • At AED 62,700 a year the gross yield on the 2016 price is 7.2%, before a service charge of about AED 10,200 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 5 June 2016.

Questions about 503, Marina Diamond Tower 5

What did unit 503 last sell for?

AED 865,000 on 5 June 2016: AED 1,210 per sqft for 714 sqft. The unit has 2 registered sales; the first was AED 559,015 in September 2013.

What is the rent for unit 503?

AED 62,700 a year on the contract signed on 1 November 2013. The previous contract, from November 2012, was AED 56,842.

How big is unit 503?

714 sqft (66.3 sqm): a one-bedroom apartment on the 5th floor of a 19-storey tower completed in 2007.

What is unit 503 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 503, Marina Diamond Tower 5

Starts from the last sale price (AED 865K, 5 June 2016). Switch to today's estimate once you have unlocked it.
Price
AED 865,000
Deposit, UAE resident (20%)
AED 173,000
Deposit, non-resident (40%)
AED 346,000
Monthly over 25 years at 3.7%
AED 3,539

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