2-bed · 1,084 sqftMarina Diamond Tower 5, Dubai Marina · 6th floor · completed 2007

607, Marina Diamond Tower 5

Sold prices and rental history: sold twice, last in December 2019, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 607 · DLD and Ejari recordsUpdated 23 December 2023
Last soldAED 770K5 December 2019
Current rentAED 97K /yr23 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 607, Marina Diamond Tower 5

What is 607 worth today?

Last sold for AED 770,000 in 2019

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23 Dec 2023RentedNew contract
AED 97,000/yr12 months · AED 89 per sqft
1 Dec 2022RentedNew contract
AED 92,000/yr12 months · AED 85 per sqft
1 Dec 2020RentedNew contract
AED 60,000/yr12 months · AED 55 per sqft
5 Dec 2019SoldReady
AED 770,000AED 710 per sqft
1 Nov 2013RentedNew contract
AED 85,912/yr14 months · AED 79 per sqft
19 Jun 2008Sold by developerReady
AED 975,000AED 899 per sqft

Source: Dubai Land Department. Updated 23 December 2023.

Key facts

Type
2-bed apartment
Size
1,084 sqft
Floor
6th of 19
Parking
57 B1
Developer
Diamond Developers
Completed
2007
Service charge
AED 15,400 /yr
Last sold
AED 770K · December 2019

About 607, Marina Diamond Tower 5

607 is a two-bedroom apartment of 1,084 sqft on the 6th floor of Marina Diamond Tower 5, a 19-storey tower in Dubai Marina completed in 2007 by Diamond Developers. It last sold on 5 December 2019 for AED 770,000, or AED 710 per sqft, 7% below the AED 766 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 23 December 2023, is AED 97,000 a year: a gross yield of 12.6% on the 2019 price, before the service charge of about AED 15,400 a year.

Sales and rents for 607 over time

Sales
Unit 607, 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 by developer, June 2008: AED 975,000 (AED 899 per sqft)Sold, December 2019: AED 770,000 (AED 710 per sqft)

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

Rents
Unit 607, 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 108,000New contract, November 2013: AED 85,912 a yearNew contract, December 2020: AED 60,000 a yearNew contract, December 2022: AED 92,000 a yearNew contract, December 2023: AED 97,000 a year

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 607 sits

All 73 2-beds →

607 last sold in December 2019 at AED 710 per sqft, 7% below what two-beds in Marina Diamond Tower 5 were fetching at the time (AED 766). 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. 607's AED 97,000 is in the upper half of that range.

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 6th floor

All 190 units in Marina Diamond Tower 5
Value
6012-bedAED 1M · Oct 2022
6022-bedAED 1.28M · Sep 2022
6031-bedAED 600K · Sep 2019
6041-bedAED 850K · Jun 2017
6051-bedAED 900K · Nov 2015
6062-bedAED 890K · Dec 2012
6081-bedAED 1.04M · May 2014
1–7 of 9

607, Marina Diamond Tower 5 in numbers

  • Sold twice: first on 19 June 2008 for AED 975,000, last on 5 December 2019 for AED 770,000 (AED 710 per sqft).
  • Rented since November 2013 on 4 Ejari contracts. The rent fell from AED 85,912 to AED 60,000 in 2020 and recovered to AED 97,000 by December 2023.
  • At AED 97,000 a year the gross yield on the 2019 price is 12.6%, 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 23 December 2023.

Questions about 607, Marina Diamond Tower 5

What did unit 607 last sell for?

AED 770,000 on 5 December 2019: AED 710 per sqft for 1,084 sqft. The unit has 2 registered sales; the first was AED 975,000 in June 2008.

What is the rent for unit 607?

AED 97,000 a year on the contract signed on 23 December 2023. The previous contract, from December 2022, was AED 92,000; the unit has been rented since November 2013.

How big is unit 607?

1,084 sqft (100.7 sqm): a two-bedroom apartment on the 6th floor of a 19-storey tower completed in 2007.

What is unit 607 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.

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Mortgage on 607, Marina Diamond Tower 5

Starts from the last sale price (AED 770K, 5 December 2019). Switch to today's estimate once you have unlocked it.
Price
AED 770,000
Deposit, UAE resident (20%)
AED 154,000
Deposit, non-resident (40%)
AED 308,000
Monthly over 25 years at 3.7%
AED 3,150

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