508, Marina Diamond Tower 6
Sold prices and rental history: sold once, by the developer in November 2015, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 508, Marina Diamond Tower 6
What is 508 worth today?
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Source: Dubai Land Department. Updated 25 August 2021.
Key facts
- Type
- 1-bed apartment
- Size
- 714 sqft
- Floor
- 5th of 19
- Parking
- 48 B2
- Developer
- Diamond Developers
- Completed
- 2008
- Service charge
- AED 13,200 /yr
- Last sold
- AED 560K · November 2015
- Building
- Marina Diamond Tower 6
About 508, Marina Diamond Tower 6
508 is a one-bedroom apartment of 714 sqft on the 5th floor of Marina Diamond Tower 6, a 19-storey tower in Dubai Marina completed in 2008 by Diamond Developers. The developer sold it on 2 November 2015 for AED 560,490, or AED 785 per sqft, 39% below the AED 1,280 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 4 Ejari contracts. The current contract, signed on 25 August 2021, is AED 40,000 a year: a gross yield of 7.1% on the 2015 price, before the service charge of about AED 13,200 a year.
Sales and rents for 508 over time
508 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Marina Diamond Tower 6, and where 508 sits
All 114 1-beds →508 last sold in November 2015 at AED 785 per sqft, 39% below what one-beds in Marina Diamond Tower 6 were fetching at the time (AED 1,280). Over the last 12 months one-beds sold for AED 500,000 to 1,150,000, around AED 1,428 per sqft, and rent for AED 56,000 to 107,000 a year. 508's AED 40,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 8 Oct 20268 October 2026 | 706 sqft | 960,000 | 1,359 | ||
| 21 Aug 202621 August 2026 | 769 sqft | 995,000 | 1,293 | ||
| 14 Aug 202614 August 2026 | 769 sqft | 980,000 | 1,274 | ||
| 10 Aug 202610 August 2026 | 714 sqft | 1,150,000 | 1,610 |
Marina Diamond Tower 6
Building190 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%
Other units on the 5th floor
All 190 units in Marina Diamond Tower 6| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,084 sqft | AED 1.02MAED 1,015,000 · Mar 2023March 2023 | 85,000 /yr | |
| 502 | 2-bed | 1,084 sqft | AED 740KAED 740,000 · Jan 2013January 2013 | ||
| 503 | 1-bed | 708 sqft | AED 970KAED 970,000 · Oct 2008October 2008 | 79,800 /yr | |
| 504 | 1-bed | 706 sqft | AED 702KAED 702,000 · Jul 2022July 2022 | 84,000 /yr | |
| 505 | 1-bed | 708 sqft | AED 1.01MAED 1,010,000 · Aug 2016August 2016 | 62,000 /yr | |
| 506 | 2-bed | 1,084 sqft | AED 1.31MAED 1,310,000 · Mar 2024March 2024 | 73,000 /yr | |
| 507 | 2-bed | 1,084 sqft | AED 465KAED 465,000 · Dec 2022December 2022 | 95,000 /yr | |
| 509 | 1-bed | 769 sqft | AED 600KAED 599,820 · Dec 2012December 2012 | 50,000 /yr | |
| 510 | 1-bed | 714 sqft | AED 590KAED 590,000 · Apr 2021April 2021 | 54,000 /yr |
508, Marina Diamond Tower 6 in numbers
- Sold once: by Diamond Developers on 2 November 2015 for AED 560,490, or AED 785 per sqft.
- Rented since July 2016 on 4 Ejari contracts, from AED 70,000 to AED 40,000 a year.
- At AED 40,000 a year the gross yield on the 2015 price is 7.1%, before a service charge of about AED 13,200 a year (AED 18.50 per sqft).
- One-beds in Marina Diamond Tower 6 sold for AED 500,000–1,150,000 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 25 August 2021.
Questions about 508, Marina Diamond Tower 6
What did unit 508 last sell for?
AED 560,490 on 2 November 2015, sold by the developer: AED 785 per sqft for 714 sqft. It is the only registered sale of the unit.
What is the rent for unit 508?
AED 40,000 a year on the contract signed on 25 August 2021. The previous contract, from July 2020, was AED 42,000; the unit has been rented since July 2016.
How big is unit 508?
714 sqft (66.3 sqm): a one-bedroom apartment on the 5th floor of a 19-storey tower completed in 2008.
What is unit 508 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Marina Diamond Tower 6 sold for AED 500,000 to 1,150,000 in the last 12 months, around AED 1,428 per sqft.
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Mortgage on 508, Marina Diamond Tower 6
Starts from the last sale price (AED 560K, 2 November 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 560,490
- Deposit, UAE resident (20%)
- AED 112,098
- Deposit, non-resident (40%)
- AED 224,196
- Monthly over 25 years at 3.7%
- AED 2,293
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →