2-bed · 1,084 sqftMarina Diamond Tower 5, Dubai Marina · 9th floor · completed 2007

902, Marina Diamond Tower 5

Sold prices and rental history: sold once, by the developer in June 2008, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 902 · DLD and Ejari recordsUpdated 6 June 2023
Last soldAED 893K26 June 2008
Current rentAED 90K /yr6 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 902, Marina Diamond Tower 5

What is 902 worth today?

Last sold for AED 893,216 in 2008

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6 Jun 2023RentedNew contract
AED 90,000/yr12 months · AED 84 per sqft
10 Mar 2020RentedRenewal
AED 100,000/yr12 months · AED 92 per sqft
10 Mar 2019RentedRenewal
AED 100,000/yr12 months · AED 92 per sqft
10 Mar 2018RentedRenewal
AED 100,000/yr12 months · AED 92 per sqft
10 Mar 2017RentedRenewal
AED 110,000/yr12 months · AED 101 per sqft
10 Mar 2016RentedRenewal
AED 110,000/yr12 months · AED 101 per sqft
10 Mar 2015RentedNew contract
AED 110,000/yr12 months · AED 101 per sqft
10 Mar 2014RentedNew contract
AED 100,000/yr12 months · AED 92 per sqft

Source: Dubai Land Department. Updated 6 June 2023.

Key facts

Type
2-bed apartment
Size
1,084 sqft
Floor
9th of 19
Parking
97 B1
Developer
Diamond Developers
Completed
2007
Service charge
AED 15,400 /yr
Last sold
AED 893K · June 2008

About 902, Marina Diamond Tower 5

902 is a two-bedroom apartment of 1,084 sqft on the 9th floor of Marina Diamond Tower 5, a 19-storey tower in Dubai Marina completed in 2007 by Diamond Developers. The developer sold it on 26 June 2008 for AED 893,216, or AED 824 per sqft, 11% below the AED 929 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, signed on 6 June 2023, is AED 90,000 a year: a gross yield of 10.1% on the 2008 price, before the service charge of about AED 15,400 a year.

Sales and rents for 902 over time

Sales
Unit 902, 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 893,216 (AED 824 per sqft)

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

Rents
Unit 902, 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, March 2014: AED 100,000 a yearNew contract, March 2015: AED 110,000 a yearRenewal, March 2016: AED 110,000 a yearRenewal, March 2017: AED 110,000 a yearRenewal, March 2018: AED 100,000 a yearRenewal, March 2019: AED 100,000 a yearRenewal, March 2020: AED 100,000 a yearNew contract, June 2023: AED 90,000 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 902 sits

All 73 2-beds →

902 last sold in June 2008 at AED 824 per sqft, 11% below what two-beds in Marina Diamond Tower 5 were fetching at the time (AED 929). 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. 902's AED 90,000 is in the lower 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 9th floor

All 190 units in Marina Diamond Tower 5
Value
9012-bedAED 900K · Oct 2021
9031-bedAED 166K · Jun 2019
9041-bedAED 440K · May 2013
9051-bedAED 546K · Jun 2008
9062-bedAED 1M · Jun 2022
9072-bedAED 798K · Mar 2010
9081-bedAED 850K · Feb 2023
1–7 of 9

902, Marina Diamond Tower 5 in numbers

  • Sold once: by Diamond Developers on 26 June 2008 for AED 893,216, or AED 824 per sqft.
  • Rented since March 2014 on 8 Ejari contracts, from AED 100,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2008 price is 10.1%, 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 6 June 2023.

Questions about 902, Marina Diamond Tower 5

What did unit 902 last sell for?

AED 893,216 on 26 June 2008, sold by the developer: AED 824 per sqft for 1,084 sqft. It is the only registered sale of the unit.

What is the rent for unit 902?

AED 90,000 a year on the contract signed on 6 June 2023. The previous contract, from March 2020, was AED 100,000; the unit has been rented since March 2014.

How big is unit 902?

1,084 sqft (100.7 sqm): a two-bedroom apartment on the 9th floor of a 19-storey tower completed in 2007.

What is unit 902 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 902, Marina Diamond Tower 5

Starts from the last sale price (AED 893K, 26 June 2008). Switch to today's estimate once you have unlocked it.
Price
AED 893,216
Deposit, UAE resident (20%)
AED 178,643
Deposit, non-resident (40%)
AED 357,286
Monthly over 25 years at 3.7%
AED 3,654

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