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

1506, Marina Diamond Tower 6

Sold prices and rental history: sold twice, last in July 2021, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1506 · DLD and Ejari recordsUpdated 18 July 2021
Last soldAED 1.07M18 July 2021
Current rentAED 70K /yr11 November 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1506, Marina Diamond Tower 6

What is 1506 worth today?

Last sold for AED 1,070,000 in 2021

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18 Jul 2021SoldReady
AED 1,070,000AED 987 per sqft
11 Nov 2019RentedNew contract
AED 70,000/yr12 months · AED 64 per sqft
11 Feb 2015RentedNew contract
AED 110,000/yr12 months · AED 101 per sqft
30 Sep 2013Sold by developerReady
AED 1,420,000AED 1,309 per sqft

Source: Dubai Land Department. Updated 18 July 2021.

Key facts

Type
2-bed apartment
Size
1,084 sqft
Floor
15th of 19
Parking
51 B1
Developer
Diamond Developers
Completed
2008
Service charge
AED 20,100 /yr
Last sold
AED 1.07M · July 2021

About 1506, Marina Diamond Tower 6

1506 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 18 July 2021 for AED 1,070,000, or AED 987 per sqft, 41% above the AED 700 two-beds in the building were fetching at the time.

It has been rented since 2015 on 2 Ejari contracts. The current contract, signed on 11 November 2019, is AED 70,000 a year: a gross yield of 6.5% on the 2021 price, before the service charge of about AED 20,100 a year.

Sales and rents for 1506 over time

Sales
Unit 1506, 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, September 2013: AED 1,420,000 (AED 1,309 per sqft)Sold, July 2021: AED 1,070,000 (AED 987 per sqft)

1506 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1506, 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, February 2015: AED 110,000 a yearNew contract, November 2019: AED 70,000 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 1506 sits

All 76 2-beds →

1506 last sold in July 2021 at AED 987 per sqft, 41% above what two-beds in Marina Diamond Tower 6 were fetching at the time (AED 700). 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. 1506's AED 70,000 is at the bottom 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
15012-bedAED 800K · Mar 2015
15022-bedAED 1.29M · Jan 2018
15031-bedAED 800K · Feb 2016
15041-bedAED 630K · Jul 2012
15051-bedAED 750K · Jan 2023
15072-bedAED 1.01M · Aug 2022
15081-bedAED 570K · Aug 2008
1–7 of 9

1506, Marina Diamond Tower 6 in numbers

  • Sold twice: first on 30 September 2013 for AED 1,420,000, last on 18 July 2021 for AED 1,070,000 (AED 987 per sqft).
  • Rented since February 2015 on 2 Ejari contracts, from AED 110,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2021 price is 6.5%, 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 18 July 2021.

Questions about 1506, Marina Diamond Tower 6

What did unit 1506 last sell for?

AED 1,070,000 on 18 July 2021: AED 987 per sqft for 1,084 sqft. The unit has 2 registered sales; the first was AED 1,420,000 in September 2013.

What is the rent for unit 1506?

AED 70,000 a year on the contract signed on 11 November 2019. The previous contract, from February 2015, was AED 110,000.

How big is unit 1506?

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 1506 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 1506, Marina Diamond Tower 6

Starts from the last sale price (AED 1.07M, 18 July 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,070,000
Deposit, UAE resident (20%)
AED 214,000
Deposit, non-resident (40%)
AED 428,000
Monthly over 25 years at 3.7%
AED 4,378

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