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

1507, Marina Diamond Tower 6

Sold prices and rental history: sold twice, last in August 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1507 · DLD and Ejari recordsUpdated 18 August 2022
Last soldAED 1.01M18 August 2022
Current rentAED 60K /yr12 August 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1507, Marina Diamond Tower 6

What is 1507 worth today?

Last sold for AED 1,013,000 in 2022

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18 Aug 2022SoldReady
AED 1,013,000AED 934 per sqft
12 Aug 2021RentedNew contract
AED 60,000/yr12 months · AED 55 per sqft
1 Jul 2018RentedNew contract
AED 80,000/yr12 months · AED 74 per sqft
5 May 2016RentedRenewal
AED 110,000/yr12 months · AED 101 per sqft
5 May 2015RentedNew contract
AED 110,000/yr12 months · AED 101 per sqft
16 Feb 2013RentedNew contract
AED 75,000/yr12 months · AED 69 per sqft
24 Jul 2008Sold by developerReady
AED 710,000AED 654 per sqft

Source: Dubai Land Department. Updated 18 August 2022.

Key facts

Type
2-bed apartment
Size
1,084 sqft
Floor
15th of 19
Parking
52 B1
Developer
Diamond Developers
Completed
2008
Service charge
AED 20,100 /yr
Last sold
AED 1.01M · August 2022

About 1507, Marina Diamond Tower 6

1507 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 August 2022 for AED 1,013,000, or AED 934 per sqft, in line with the AED 934 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, signed on 12 August 2021, is AED 60,000 a year: a gross yield of 5.9% on the 2022 price, before the service charge of about AED 20,100 a year.

Sales and rents for 1507 over time

Sales
Unit 1507, 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 710,000 (AED 654 per sqft)Sold, August 2022: AED 1,013,000 (AED 934 per sqft)

1507 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1507, 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 2013: AED 75,000 a yearNew contract, May 2015: AED 110,000 a yearRenewal, May 2016: AED 110,000 a yearNew contract, July 2018: AED 80,000 a yearNew contract, August 2021: AED 60,000 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 1507 sits

All 76 2-beds →

1507 last sold in August 2022 at AED 934 per sqft, in line with what two-beds in Marina Diamond Tower 6 were fetching at the time (AED 934). 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. 1507's AED 60,000 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
15062-bedAED 1.07M · Jul 2021
15081-bedAED 570K · Aug 2008
1–7 of 9

1507, Marina Diamond Tower 6 in numbers

  • Sold twice: first on 24 July 2008 for AED 710,000, last on 18 August 2022 for AED 1,013,000 (AED 934 per sqft).
  • Rented since February 2013 on 5 Ejari contracts, from AED 75,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2022 price is 5.9%, 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 August 2022.

Questions about 1507, Marina Diamond Tower 6

What did unit 1507 last sell for?

AED 1,013,000 on 18 August 2022: AED 934 per sqft for 1,084 sqft. The unit has 2 registered sales; the first was AED 710,000 in July 2008.

What is the rent for unit 1507?

AED 60,000 a year on the contract signed on 12 August 2021. The previous contract, from July 2018, was AED 80,000; the unit has been rented since February 2013.

How big is unit 1507?

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 1507 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 1507, Marina Diamond Tower 6

Starts from the last sale price (AED 1.01M, 18 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,013,000
Deposit, UAE resident (20%)
AED 202,600
Deposit, non-resident (40%)
AED 405,200
Monthly over 25 years at 3.7%
AED 4,144

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