1505, Marina Diamond Tower 2
Sold prices and rental history: sold twice, last in July 2022, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1505, Marina Diamond Tower 2
What is 1505 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 18 May 2024.
Key facts
- Type
- Studio apartment
- Size
- 418 sqft
- Floor
- 15th of 15
- Parking
- 95 B1
- Developer
- Diamond Developers
- Completed
- 2007
- Service charge
- AED 7,700 /yr
- Last sold
- AED 500K · July 2022
- Building
- Marina Diamond Tower 2
About 1505, Marina Diamond Tower 2
1505 is a studio of 418 sqft on the 15th floor of Marina Diamond Tower 2, a 15-storey tower in Dubai Marina completed in 2007 by Diamond Developers. It last sold on 7 July 2022 for AED 500,000, or AED 1,196 per sqft, 18% above the AED 1,016 studios in the building were fetching at the time.
It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 18 May 2024, is AED 74,000 a year: a gross yield of 14.8% on the 2022 price, before the service charge of about AED 7,700 a year.
Sales and rents for 1505 over time
1505 has sold twice; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Marina Diamond Tower 2, and where 1505 sits
All 87 studios →1505 last sold in July 2022 at AED 1,196 per sqft, 18% above what studios in Marina Diamond Tower 2 were fetching at the time (AED 1,016). Over the last 12 months studios sold for AED 650,000, around AED 1,621 per sqft, and rent for AED 44,000 to 70,000 a year. 1505's AED 74,000 is at the top of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 6 Jan 20266 January 2026 | 401 sqft | 650,000 | 1,621 | ||
| 30 Jul 202530 July 2025 | 401 sqft | 700,000 | 1,745 | ||
| 28 Apr 202528 April 2025 | 209 sqft | 245,000 | 1,172 | ||
| 21 Apr 202521 April 2025 | 688 sqft | 750,000 | 1,090 |
Marina Diamond Tower 2
Building276 apartments, studios to 2-bed over 15 floors in Dubai Marina, completed in 2007 by Diamond Developers. 2 sold in the last 12 months.
- Typical price per sqft
- AED 1,591
- Typical sale
- AED 785K
- Typical rent
- AED 72K /yr
- Typical yield
- 7.6%
Other units on the 15th floor
All 276 units in Marina Diamond Tower 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 2-bed | 970 sqft | AED 980KAED 980,000 · Jul 2023July 2023 | 58,000 /yr | |
| 1502 | Studio | 401 sqft | AED 580KAED 580,000 · Apr 2023April 2023 | 68,000 /yr | |
| 1503 | 2-bed | 968 sqft | AED 760KAED 760,000 · Mar 2019March 2019 | ||
| 1504 | 1-bed | 681 sqft | AED 455KAED 454,795 · Oct 2008October 2008 | 74,750 /yr | |
| 1506 | 1-bed | 572 sqft | AED 565KAED 565,000 · Nov 2022November 2022 | 90,000 /yr | |
| 1507 | 1-bed | 572 sqft | AED 770KAED 770,000 · Sep 2024September 2024 | 55,000 /yr | |
| 1508 | Studio | 418 sqft | AED 650KAED 650,000 · Aug 2024August 2024 | 15,000 /yr | |
| 1509 | 1-bed | 647 sqft | AED 900KAED 900,000 · Apr 2014April 2014 | 50,000 /yr | |
| 1510 | 2-bed | 970 sqft | AED 1.05MAED 1,050,000 · Mar 2017March 2017 | 90,000 /yr | |
| 1511 | Studio | 401 sqft | AED 700KAED 700,000 · Jul 2025July 2025 | 36,000 /yr | |
| 1512 | 2-bed | 970 sqft | AED 606KAED 606,338 · Dec 2012December 2012 | 47,000 /yr | |
| 1513 | 1-bed | 666 sqft | AED 1.5MAED 1,500,000 · Jun 2025June 2025 | 60,000 /yr | |
| 1514 | Studio | 438 sqft | AED 450KAED 450,000 · Feb 2017February 2017 | 55,000 /yr | |
| 1515 | 1-bed | 589 sqft | AED 790KAED 790,000 · May 2015May 2015 | 65,000 /yr | |
| 1516 | 1-bed | 589 sqft | AED 790KAED 790,000 · Apr 2016April 2016 | 65,000 /yr | |
| 1517 | Studio | 438 sqft | AED 600KAED 600,000 · Mar 2009March 2009 | 60,000 /yr | |
| 1518 | 1-bed | 666 sqft | AED 710KAED 710,000 · Jun 2023June 2023 | 80,000 /yr |
1505, Marina Diamond Tower 2 in numbers
- Sold twice: first on 7 October 2008 for AED 352,670, last on 7 July 2022 for AED 500,000 (AED 1,196 per sqft).
- Rented since May 2014 on 7 Ejari contracts, from AED 65,000 to AED 74,000 a year.
- At AED 74,000 a year the gross yield on the 2022 price is 14.8%, before a service charge of about AED 7,700 a year (AED 18.33 per sqft).
- Studios in Marina Diamond Tower 2 sold for AED 650,000–650,000 in the 12 months to November 2026; the building's median across all types is AED 1,591 per sqft.
Source: YallaValue analysis of Dubai Land Department records. Updated 18 May 2024.
Questions about 1505, Marina Diamond Tower 2
What did unit 1505 last sell for?
AED 500,000 on 7 July 2022: AED 1,196 per sqft for 418 sqft. The unit has 2 registered sales; the first was AED 352,670 in October 2008.
What is the rent for unit 1505?
AED 74,000 a year on the contract signed on 18 May 2024. The previous contract, from May 2023, was AED 64,000; the unit has been rented since May 2014.
How big is unit 1505?
418 sqft (38.8 sqm): a studio on the 15th floor of a 15-storey tower completed in 2007.
What is unit 1505 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Marina Diamond Tower 2 sold for AED 650,000 to 650,000 in the last 12 months, around AED 1,621 per sqft.
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Mortgage on 1505, Marina Diamond Tower 2
Starts from the last sale price (AED 500K, 7 July 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 500,000
- Deposit, UAE resident (20%)
- AED 100,000
- Deposit, non-resident (40%)
- AED 200,000
- Monthly over 25 years at 3.7%
- AED 2,046
Plus AED 26,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →