505, Marina Diamond Tower 5
Sold prices and rental history: sold once, by the developer in June 2008, 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 505, Marina Diamond Tower 5
What is 505 worth today?
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Source: Dubai Land Department. Updated 10 January 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 714 sqft
- Floor
- 5th of 19
- Parking
- 45 B1
- Developer
- Diamond Developers
- Completed
- 2007
- Service charge
- AED 10,200 /yr
- Last sold
- AED 559K · June 2008
- Building
- Marina Diamond Tower 5
About 505, Marina Diamond Tower 5
505 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. The developer sold it on 9 June 2008 for AED 559,015, or AED 782 per sqft, 19% below the AED 966 one-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 10 January 2025, is AED 75,000 a year: a gross yield of 13.4% on the 2008 price, before the service charge of about AED 10,200 a year.
Sales and rents for 505 over time
505 has sold once; 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 505 sits
All 115 1-beds →505 last sold in June 2008 at AED 782 per sqft, 19% below what one-beds in Marina Diamond Tower 5 were fetching at the time (AED 966). 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. 505'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 5th floor
All 190 units in Marina Diamond Tower 5| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,084 sqft | AED 1.15MAED 1,150,000 · Dec 2021December 2021 | 105,000 /yr | |
| 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 | |
| 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 |
505, Marina Diamond Tower 5 in numbers
- Sold once: by Diamond Developers on 9 June 2008 for AED 559,015, or AED 782 per sqft.
- Rented since April 2013 on 11 Ejari contracts. The rent fell from AED 57,500 to AED 45,000 in 2022 and recovered to AED 75,000 by January 2025.
- At AED 75,000 a year the gross yield on the 2008 price is 13.4%, 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 10 January 2025.
Questions about 505, Marina Diamond Tower 5
What did unit 505 last sell for?
AED 559,015 on 9 June 2008, sold by the developer: AED 782 per sqft for 714 sqft. It is the only registered sale of the unit.
What is the rent for unit 505?
AED 75,000 a year on the contract signed on 10 January 2025. The previous contract, from February 2022, was AED 45,000; the unit has been rented since April 2013.
How big is unit 505?
714 sqft (66.3 sqm): a one-bedroom apartment on the 5th floor of a 19-storey tower completed in 2007.
What is unit 505 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 505, Marina Diamond Tower 5
Starts from the last sale price (AED 559K, 9 June 2008). Switch to today's estimate once you have unlocked it.- Price
- AED 559,015
- Deposit, UAE resident (20%)
- AED 111,803
- Deposit, non-resident (40%)
- AED 223,606
- Monthly over 25 years at 3.7%
- AED 2,287
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →