509, Marina Diamond Tower 5
Sold prices and rental history: sold twice, last in November 2019, 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 509, Marina Diamond Tower 5
What is 509 worth today?
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Source: Dubai Land Department. Updated 1 March 2020.
Key facts
- Type
- 1-bed apartment
- Size
- 706 sqft
- Floor
- 5th of 19
- Parking
- 49 B1
- Developer
- Diamond Developers
- Completed
- 2007
- Service charge
- AED 10,100 /yr
- Last sold
- AED 550K · November 2019
- Building
- Marina Diamond Tower 5
About 509, Marina Diamond Tower 5
509 is a one-bedroom apartment of 706 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 20 November 2019 for AED 550,000, or AED 778 per sqft, 12% below the AED 883 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 4 Ejari contracts. The current contract, signed on 1 March 2020, is AED 65,000 a year: a gross yield of 11.8% on the 2019 price, before the service charge of about AED 10,100 a year.
Sales and rents for 509 over time
509 has sold twice; 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 509 sits
All 115 1-beds →509 last sold in November 2019 at AED 778 per sqft, 12% below what one-beds in Marina Diamond Tower 5 were fetching at the time (AED 883). 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. 509's AED 65,000 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 | |
| 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 | |
| 510 | 1-bed | 708 sqft | AED 910KAED 910,000 · Mar 2017March 2017 | 62,000 /yr |
509, Marina Diamond Tower 5 in numbers
- Sold twice: first on 2 September 2008 for AED 720,000, last on 20 November 2019 for AED 550,000 (AED 778 per sqft).
- Rented since February 2015 on 4 Ejari contracts, from AED 85,000 to AED 65,000 a year.
- At AED 65,000 a year the gross yield on the 2019 price is 11.8%, before a service charge of about AED 10,100 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 1 March 2020.
Questions about 509, Marina Diamond Tower 5
What did unit 509 last sell for?
AED 550,000 on 20 November 2019: AED 778 per sqft for 706 sqft. The unit has 2 registered sales; the first was AED 720,000 in September 2008.
What is the rent for unit 509?
AED 65,000 a year on the contract signed on 1 March 2020. The previous contract, from March 2017, was AED 80,000; the unit has been rented since February 2015.
How big is unit 509?
706 sqft (65.6 sqm): a one-bedroom apartment on the 5th floor of a 19-storey tower completed in 2007.
What is unit 509 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 509, Marina Diamond Tower 5
Starts from the last sale price (AED 550K, 20 November 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 550,000
- Deposit, UAE resident (20%)
- AED 110,000
- Deposit, non-resident (40%)
- AED 220,000
- Monthly over 25 years at 3.7%
- AED 2,250
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →