506, Marina Diamond Tower 5
Sold prices and rental history: sold once, by the developer in April 2009, 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 506, Marina Diamond Tower 5
What is 506 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 28 January 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,084 sqft
- Floor
- 5th of 19
- Parking
- 46 B1
- Developer
- Diamond Developers
- Completed
- 2007
- Service charge
- AED 15,400 /yr
- Last sold
- AED 790K · April 2009
- Building
- Marina Diamond Tower 5
About 506, Marina Diamond Tower 5
506 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. The developer sold it on 9 April 2009 for AED 790,000, or AED 728 per sqft, 13% below the AED 835 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, renewed on 28 January 2022, is AED 65,326 a year: a gross yield of 8.3% on the 2009 price, before the service charge of about AED 15,400 a year.
Sales and rents for 506 over time
506 has sold once; 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 506 sits
All 73 2-beds →506 last sold in April 2009 at AED 728 per sqft, 13% below what two-beds in Marina Diamond Tower 5 were fetching at the time (AED 835). 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. 506's AED 65,326 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 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 | |
| 505 | 1-bed | 714 sqft | AED 559KAED 559,015 · Jun 2008June 2008 | 75,000 /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 |
506, Marina Diamond Tower 5 in numbers
- Sold once: by Diamond Developers on 9 April 2009 for AED 790,000, or AED 728 per sqft.
- Rented since February 2015 on 7 Ejari contracts. The rent fell from AED 105,000 to AED 55,000 in 2021 and recovered to AED 65,326 by January 2022.
- At AED 65,326 a year the gross yield on the 2009 price is 8.3%, 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 28 January 2022.
Questions about 506, Marina Diamond Tower 5
What did unit 506 last sell for?
AED 790,000 on 9 April 2009, sold by the developer: AED 728 per sqft for 1,084 sqft. It is the only registered sale of the unit.
What is the rent for unit 506?
AED 65,326 a year on the contract renewed on 28 January 2022. The previous contract, from January 2021, was AED 55,000; the unit has been rented since February 2015.
How big is unit 506?
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 506 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.
Selling 506? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 506, Marina Diamond Tower 5
Starts from the last sale price (AED 790K, 9 April 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 790,000
- Deposit, UAE resident (20%)
- AED 158,000
- Deposit, non-resident (40%)
- AED 316,000
- Monthly over 25 years at 3.7%
- AED 3,232
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →