Home
Dubai prices
About
Research
2-bed · 1,084 sqftMarina Diamond Tower 5, Dubai Marina · 5th floor · completed 2007

507, Marina Diamond Tower 5

Sold prices and rental history: sold 4 times, last in September 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 507 · DLD and Ejari recordsUpdated 19 September 2024
Last soldAED 1.25M19 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 507

Property timeline for 507, Marina Diamond Tower 5

What is 507 worth today?

Last sold for AED 1,250,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

19 Sep 2024SoldReady
AED 1,250,000AED 1,153 per sqft
28 Jul 2008SoldReady
AED 1,700,000AED 1,568 per sqft
4 Jun 2008SoldReady
AED 1,425,000AED 1,314 per sqft
2 Jun 2008Sold by developerReady
AED 799,000AED 737 per sqft

Source: Dubai Land Department. Updated 19 September 2024.

Key facts

Type
2-bed apartment
Size
1,084 sqft
Floor
5th of 19
Parking
47 B1
Developer
Diamond Developers
Completed
2007
Service charge
AED 15,400 /yr
Last sold
AED 1.25M · September 2024
Building
Marina Diamond Tower 5

About 507, Marina Diamond Tower 5

507 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 19 September 2024 for AED 1,250,000, or AED 1,153 per sqft, in line with the AED 1,142 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 507 over time

Sales
Unit 507, each saleTypical two-bed in Marina Diamond Tower 5
500K1M1.5M2008201320182023Typical sale price by year: 2008 AED 907,552; 2009 AED 877,256; 2010 AED 900,000; 2011 AED 650,000; 2012 AED 700,000; 2013 AED 828,989; 2014 AED 805,000; 2015 AED 1,270,000; 2016 AED 1,150,000; 2017 AED 1,100,000; 2018 AED 1,000,000; 2019 AED 830,500; 2020 AED 740,000; 2021 AED 845,500; 2022 AED 950,000; 2023 AED 1,175,000; 2025 AED 1,500,000Sold, June 2008: AED 1,425,000 (AED 1,314 per sqft)Sold by developer, June 2008: AED 799,000 (AED 737 per sqft)Sold, July 2008: AED 1,700,000 (AED 1,568 per sqft)Sold, September 2024: AED 1,250,000 (AED 1,153 per sqft)

507 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 507, each contractTypical two-bed in Marina Diamond Tower 5
75K100K2012201620202024Typical rent by year: 2012 AED 70,000; 2013 AED 85,000; 2014 AED 100,000; 2015 AED 110,000; 2016 AED 105,000; 2017 AED 100,000; 2018 AED 85,000; 2019 AED 75,000; 2020 AED 65,000; 2021 AED 60,000; 2022 AED 70,000; 2023 AED 90,000; 2024 AED 103,500; 2025 AED 110,000; 2026 AED 108,000

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 507 sits

All 73 2-beds →

507 last sold in September 2024 at AED 1,153 per sqft, in line with what two-beds in Marina Diamond Tower 5 were fetching at the time (AED 1,142). 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.

Recent 2-bed salesUnit no.Price (AED)Summary
2 Oct 20261,450,000
4 Sep 20261,500,000
28 Nov 20251,650,000
17 Oct 20251,450,000
3 2-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
5031-bedAED 865K · Jun 2016
5041-bedAED 1.02M · Jun 2014
5051-bedAED 559K · Jun 2008
5062-bedAED 790K · Apr 2009
5081-bedAED 540K · Apr 2011
1–7 of 9

507, Marina Diamond Tower 5 in numbers

  • Sold 4 times: first on 2 June 2008 for AED 799,000, last on 19 September 2024 for AED 1,250,000 (AED 1,153 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 19 September 2024.

Questions about 507, Marina Diamond Tower 5

What did unit 507 last sell for?

AED 1,250,000 on 19 September 2024: AED 1,153 per sqft for 1,084 sqft. The unit has 4 registered sales; the first was AED 799,000 in June 2008.

How big is unit 507?

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 507 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 507? 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.

How OpenOffers works

Mortgage on 507, Marina Diamond Tower 5

Starts from the last sale price (AED 1.25M, 19 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,250,000
Deposit, UAE resident (20%)
AED 250,000
Deposit, non-resident (40%)
AED 500,000
Monthly over 25 years at 3.7%
AED 5,114

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