2-bed · 1,084 sqftMarina Diamond Tower 6, Dubai Marina · 15th floor · completed 2008

1501, Marina Diamond Tower 6

Sold prices and rental history: sold 3 times, last in March 2015, and rented once, from September 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1501 · DLD and Ejari recordsUpdated 24 March 2015
Last soldAED 800K24 March 2015
Current rentAED 90K /yr5 September 2013
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1501, Marina Diamond Tower 6

What is 1501 worth today?

Last sold for AED 800,000 in 2015

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24 Mar 2015SoldReady
AED 800,000AED 737 per sqft
5 Sep 2013RentedNew contract
AED 90,000/yr12 months · AED 83 per sqft
23 Nov 2011SoldReady
AED 842,500AED 777 per sqft
16 Jul 2008Sold by developerReady
AED 904,273AED 834 per sqft

Source: Dubai Land Department. Updated 24 March 2015.

Key facts

Type
2-bed apartment
Size
1,084 sqft
Floor
15th of 19
Parking
46 B1
Developer
Diamond Developers
Completed
2008
Service charge
AED 20,100 /yr
Last sold
AED 800K · March 2015

About 1501, Marina Diamond Tower 6

1501 is a two-bedroom apartment of 1,084 sqft on the 15th floor of Marina Diamond Tower 6, a 19-storey tower in Dubai Marina completed in 2008 by Diamond Developers. It last sold on 24 March 2015 for AED 800,000, or AED 737 per sqft, 45% below the AED 1,337 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 5 September 2013. The current contract, signed on 5 September 2013, is AED 90,000 a year: a gross yield of 11.3% on the 2015 price, before the service charge of about AED 20,100 a year.

Sales and rents for 1501 over time

Sales
Unit 1501, each saleTypical two-bed in Marina Diamond Tower 6
1M1.5M2008201320182023Typical sale price by year: 2008 AED 910,280; 2009 AED 893,496; 2010 AED 887,633; 2011 AED 824,510; 2012 AED 830,000; 2013 AED 1,200,000; 2014 AED 1,117,069; 2016 AED 1,250,000; 2017 AED 1,150,000; 2018 AED 1,090,000; 2019 AED 850,000; 2021 AED 759,513; 2022 AED 870,000; 2023 AED 1,100,000; 2024 AED 1,232,500; 2025 AED 1,465,000; 2026 AED 1,387,500Sold by developer, July 2008: AED 904,273 (AED 834 per sqft)Sold, November 2011: AED 842,500 (AED 777 per sqft)Sold, March 2015: AED 800,000 (AED 737 per sqft)

1501 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1501, each contractTypical two-bed in Marina Diamond Tower 6
75K100K2012201620202024Typical rent by year: 2012 AED 74,000; 2013 AED 80,000; 2014 AED 105,000; 2015 AED 105,000; 2016 AED 101,000; 2017 AED 95,000; 2018 AED 83,500; 2019 AED 75,000; 2020 AED 60,000; 2021 AED 60,000; 2022 AED 70,000; 2023 AED 82,972; 2024 AED 97,200; 2025 AED 105,000; 2026 AED 92,610New contract, September 2013: 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 6, and where 1501 sits

All 76 2-beds →

1501 last sold in March 2015 at AED 737 per sqft, 45% below what two-beds in Marina Diamond Tower 6 were fetching at the time (AED 1,337). Over the last 12 months two-beds sold for AED 1,200,000 to 1,550,000, around AED 1,280 per sqft, and rent for AED 75,000 to 124,000 a year. 1501's AED 90,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
26 Oct 20261,200,000
18 Jun 20261,250,000
7 Apr 20261,550,000
19 Feb 20261,525,000
4 2-bed sales in the last 12 months

Marina Diamond Tower 6

Building

190 apartments, 1-bed to 2-bed over 19 floors in Dubai Marina, completed in 2008 by Diamond Developers. 15 sold in the last 12 months.

Typical price per sqft
AED 1,416 Up 8.1%
Typical sale
AED 1.03M
Typical rent
AED 79K /yr
Typical yield
6.9%
Marina Diamond Tower 6, Dubai Marina: prices, sales and rents →

Other units on the 15th floor

All 190 units in Marina Diamond Tower 6
Value
15022-bedAED 1.29M · Jan 2018
15031-bedAED 800K · Feb 2016
15041-bedAED 630K · Jul 2012
15051-bedAED 750K · Jan 2023
15062-bedAED 1.07M · Jul 2021
15072-bedAED 1.01M · Aug 2022
15081-bedAED 570K · Aug 2008
1–7 of 9

1501, Marina Diamond Tower 6 in numbers

  • Sold 3 times: first on 16 July 2008 for AED 904,273, last on 24 March 2015 for AED 800,000 (AED 737 per sqft).
  • Rented since September 2013 on one Ejari contract, at AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2015 price is 11.3%, before a service charge of about AED 20,100 a year (AED 18.50 per sqft).
  • Two-beds in Marina Diamond Tower 6 sold for AED 1,200,000–1,550,000 in the 12 months to November 2026; the building's median across all types is AED 1,416 per sqft.

Source: Dubai Land Department. Updated 24 March 2015.

Questions about 1501, Marina Diamond Tower 6

What did unit 1501 last sell for?

AED 800,000 on 24 March 2015: AED 737 per sqft for 1,084 sqft. The unit has 3 registered sales; the first was AED 904,273 in July 2008.

What is the rent for unit 1501?

AED 90,000 a year on the contract signed on 5 September 2013.

How big is unit 1501?

1,084 sqft (100.7 sqm): a two-bedroom apartment on the 15th floor of a 19-storey tower completed in 2008.

What is unit 1501 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 6 sold for AED 1,200,000 to 1,550,000 in the last 12 months, around AED 1,280 per sqft.

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Mortgage on 1501, Marina Diamond Tower 6

Starts from the last sale price (AED 800K, 24 March 2015). Switch to today's estimate once you have unlocked it.
Price
AED 800,000
Deposit, UAE resident (20%)
AED 160,000
Deposit, non-resident (40%)
AED 320,000
Monthly over 25 years at 3.7%
AED 3,273

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