2-bed · 1,084 sqftMarina Diamond Tower 6, Dubai Marina · 5th floor · completed 2008

501, Marina Diamond Tower 6

Sold prices and rental history: sold twice, last in March 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 501 · DLD and Ejari recordsUpdated 10 March 2023
Last soldAED 1.02M10 March 2023
Current rentAED 85K /yr25 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 501, Marina Diamond Tower 6

What is 501 worth today?

Last sold for AED 1,015,000 in 2023

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10 Mar 2023SoldReady
AED 1,015,000AED 936 per sqft
25 Dec 2022RentedNew contract
AED 85,000/yr12 months · AED 78 per sqft
10 Dec 2021RentedRenewal
AED 65,000/yr12 months · AED 60 per sqft
10 Dec 2020RentedRenewal
AED 60,000/yr12 months · AED 55 per sqft
10 Dec 2019RentedNew contract
AED 70,000/yr12 months · AED 64 per sqft
10 Nov 2018RentedNew contract
AED 80,000/yr12 months · AED 74 per sqft
1 Dec 2016RentedNew contract
AED 105,000/yr12 months · AED 97 per sqft
15 Oct 2014RentedNew contract
AED 115,000/yr12 months · AED 106 per sqft

Source: Dubai Land Department. Updated 10 March 2023.

Key facts

Type
2-bed apartment
Size
1,084 sqft
Floor
5th of 19
Parking
41 B2
Developer
Diamond Developers
Completed
2008
Service charge
AED 20,100 /yr
Last sold
AED 1.02M · March 2023

About 501, Marina Diamond Tower 6

501 is a two-bedroom apartment of 1,084 sqft on the 5th floor of Marina Diamond Tower 6, a 19-storey tower in Dubai Marina completed in 2008 by Diamond Developers. It last sold on 10 March 2023 for AED 1,015,000, or AED 936 per sqft, in line with the AED 936 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 25 December 2022, is AED 85,000 a year: a gross yield of 8.4% on the 2023 price, before the service charge of about AED 20,100 a year.

Sales and rents for 501 over time

Sales
Unit 501, 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, March 2014: AED 834,138 (AED 769 per sqft)Sold, March 2023: AED 1,015,000 (AED 936 per sqft)

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

Rents
Unit 501, 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, October 2014: AED 115,000 a yearNew contract, December 2016: AED 105,000 a yearNew contract, November 2018: AED 80,000 a yearNew contract, December 2019: AED 70,000 a yearRenewal, December 2020: AED 60,000 a yearRenewal, December 2021: AED 65,000 a yearNew contract, December 2022: AED 85,000 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 501 sits

All 76 2-beds →

501 last sold in March 2023 at AED 936 per sqft, in line with what two-beds in Marina Diamond Tower 6 were fetching at the time (AED 936). 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. 501's AED 85,000 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 5th floor

All 190 units in Marina Diamond Tower 6
Value
5022-bedAED 740K · Jan 2013
5031-bedAED 970K · Oct 2008
5041-bedAED 702K · Jul 2022
5051-bedAED 1.01M · Aug 2016
5062-bedAED 1.31M · Mar 2024
5072-bedAED 465K · Dec 2022
5081-bedAED 560K · Nov 2015
1–7 of 9

501, Marina Diamond Tower 6 in numbers

  • Sold twice: first on 16 March 2014 for AED 834,138, last on 10 March 2023 for AED 1,015,000 (AED 936 per sqft).
  • Rented since October 2014 on 7 Ejari contracts. The rent fell from AED 115,000 to AED 60,000 in 2020 and recovered to AED 85,000 by December 2022.
  • At AED 85,000 a year the gross yield on the 2023 price is 8.4%, 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 10 March 2023.

Questions about 501, Marina Diamond Tower 6

What did unit 501 last sell for?

AED 1,015,000 on 10 March 2023: AED 936 per sqft for 1,084 sqft. The unit has 2 registered sales; the first was AED 834,138 in March 2014.

What is the rent for unit 501?

AED 85,000 a year on the contract signed on 25 December 2022. The previous contract, from December 2021, was AED 65,000; the unit has been rented since October 2014.

How big is unit 501?

1,084 sqft (100.7 sqm): a two-bedroom apartment on the 5th floor of a 19-storey tower completed in 2008.

What is unit 501 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 501, Marina Diamond Tower 6

Starts from the last sale price (AED 1.02M, 10 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,015,000
Deposit, UAE resident (20%)
AED 203,000
Deposit, non-resident (40%)
AED 406,000
Monthly over 25 years at 3.7%
AED 4,153

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