1-bed · 769 sqftMarina Diamond Tower 6, Dubai Marina · 5th floor · completed 2008

509, Marina Diamond Tower 6

Sold prices and rental history: sold once, by the developer in December 2012, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 509 · DLD and Ejari recordsUpdated 1 September 2022
Last soldAED 600K29 December 2012
Current rentAED 50K /yr1 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 509, Marina Diamond Tower 6

What is 509 worth today?

Last sold for AED 599,820 in 2012

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1 Sep 2022RentedRenewal
AED 50,000/yr12 months · AED 65 per sqft
1 Sep 2021RentedNew contract
AED 45,000/yr12 months · AED 59 per sqft
1 Aug 2020RentedRenewal
AED 50,000/yr12 months · AED 65 per sqft
1 Aug 2019RentedNew contract
AED 52,000/yr12 months · AED 68 per sqft
26 Dec 2018RentedRenewal
AED 60,000/yr12 months · AED 79 per sqft
26 Dec 2017RentedNew contract
AED 58,000/yr12 months · AED 76 per sqft
6 Jul 2013RentedNew contract
AED 58,000/yr12 months · AED 76 per sqft
29 Dec 2012Sold by developerReady
AED 599,820AED 780 per sqft

Source: Dubai Land Department. Updated 1 September 2022.

Key facts

Type
1-bed apartment
Size
769 sqft
Floor
5th of 19
Parking
49 B2
Developer
Diamond Developers
Completed
2008
Service charge
AED 14,200 /yr
Last sold
AED 600K · December 2012

About 509, Marina Diamond Tower 6

509 is a one-bedroom apartment of 769 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 29 December 2012 for AED 599,820, or AED 780 per sqft, in line with the AED 780 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 1 September 2022, is AED 50,000 a year: a gross yield of 8.3% on the 2012 price, before the service charge of about AED 14,200 a year.

Sales and rents for 509 over time

Sales
Unit 509, each saleTypical one-bed in Marina Diamond Tower 6
500K750K1M2008201320182023Typical sale price by year: 2008 AED 603,630; 2009 AED 578,259; 2010 AED 607,302; 2011 AED 540,000; 2012 AED 594,910; 2013 AED 684,000; 2014 AED 900,000; 2015 AED 900,000; 2016 AED 875,000; 2017 AED 847,500; 2018 AED 820,000; 2020 AED 550,000; 2021 AED 560,000; 2022 AED 700,000; 2023 AED 780,000; 2024 AED 814,500; 2025 AED 900,000; 2026 AED 1,020,000Sold by developer, December 2012: AED 599,820 (AED 780 per sqft)

509 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 509, each contractTypical one-bed in Marina Diamond Tower 6
40K60K80K2012201620202024Typical rent by year: 2012 AED 52,500; 2013 AED 60,000; 2014 AED 74,750; 2015 AED 80,000; 2016 AED 75,500; 2017 AED 70,000; 2018 AED 64,455; 2019 AED 55,000; 2020 AED 48,000; 2021 AED 43,000; 2022 AED 52,000; 2023 AED 62,000; 2024 AED 70,000; 2025 AED 73,500; 2026 AED 72,000New contract, July 2013: AED 58,000 a yearNew contract, December 2017: AED 58,000 a yearRenewal, December 2018: AED 60,000 a yearNew contract, August 2019: AED 52,000 a yearRenewal, August 2020: AED 50,000 a yearNew contract, September 2021: AED 45,000 a yearRenewal, September 2022: AED 50,000 a year

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 509 sits

All 114 1-beds →

509 last sold in December 2012 at AED 780 per sqft, in line with what one-beds in Marina Diamond Tower 6 were fetching at the time (AED 780). 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. 509's AED 50,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
8 Oct 2026960,000
21 Aug 2026995,000
14 Aug 2026980,000
10 Aug 20261,150,000
11 1-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
5012-bedAED 1.02M · Mar 2023
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
1–7 of 9

509, Marina Diamond Tower 6 in numbers

  • Sold once: by Diamond Developers on 29 December 2012 for AED 599,820, or AED 780 per sqft.
  • Rented since July 2013 on 7 Ejari contracts. The rent fell from AED 58,000 to AED 45,000 in 2021 and recovered to AED 50,000 by September 2022.
  • At AED 50,000 a year the gross yield on the 2012 price is 8.3%, before a service charge of about AED 14,200 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 1 September 2022.

Questions about 509, Marina Diamond Tower 6

What did unit 509 last sell for?

AED 599,820 on 29 December 2012, sold by the developer: AED 780 per sqft for 769 sqft. It is the only registered sale of the unit.

What is the rent for unit 509?

AED 50,000 a year on the contract renewed on 1 September 2022. The previous contract, from September 2021, was AED 45,000; the unit has been rented since July 2013.

How big is unit 509?

769 sqft (71.4 sqm): a one-bedroom apartment on the 5th floor of a 19-storey tower completed in 2008.

What is unit 509 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 509, Marina Diamond Tower 6

Starts from the last sale price (AED 600K, 29 December 2012). Switch to today's estimate once you have unlocked it.
Price
AED 599,820
Deposit, UAE resident (20%)
AED 119,964
Deposit, non-resident (40%)
AED 239,928
Monthly over 25 years at 3.7%
AED 2,454

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