505, Marina Diamond Tower 2
Sold prices and rental history: sold twice, last in February 2021, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 505, Marina Diamond Tower 2
What is 505 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: YallaValue analysis of Dubai Land Department records. Updated 14 July 2024.
Key facts
- Type
- Studio apartment
- Size
- 418 sqft
- Floor
- 5th of 15
- Parking
- 30 G.F
- Developer
- Diamond Developers
- Completed
- 2007
- Service charge
- AED 7,700 /yr
- Last sold
- AED 400K · February 2021
- Building
- Marina Diamond Tower 2
About 505, Marina Diamond Tower 2
505 is a studio of 418 sqft on the 5th floor of Marina Diamond Tower 2, a 15-storey tower in Dubai Marina completed in 2007 by Diamond Developers. It last sold on 3 February 2021 for AED 400,000, or AED 957 per sqft.
It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, signed on 14 July 2024, is AED 55,000 a year: a gross yield of 13.8% on the 2021 price, before the service charge of about AED 7,700 a year.
Sales and rents for 505 over time
505 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 505 sits
All 87 studios →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. 505's AED 55,000 is in the lower half 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 5th floor
All 276 units in Marina Diamond Tower 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 963 sqft | AED 825KAED 825,000 · Feb 2019February 2019 | 125,000 /yr | |
| 502 | Studio | 401 sqft | AED 540KAED 540,000 · May 2018May 2018 | 60,000 /yr | |
| 503 | 2-bed | 963 sqft | AED 900KAED 900,000 · Apr 2023April 2023 | 103,500 /yr | |
| 504 | 1-bed | 681 sqft | AED 800KAED 800,000 · Oct 2013October 2013 | 65,000 /yr | |
| 506 | 1-bed | 572 sqft | AED 585KAED 585,000 · Jan 2023January 2023 | 75,000 /yr | |
| 507 | 1-bed | 572 sqft | AED 400KAED 400,000 · Jul 2020July 2020 | 58,000 /yr | |
| 508 | Studio | 418 sqft | AED 310KAED 310,000 · Apr 2011April 2011 | 60,000 /yr | |
| 509 | 1-bed | 647 sqft | AED 895KAED 895,000 · Feb 2025February 2025 | 62,000 /yr | |
| 510 | 2-bed | 963 sqft | AED 750KAED 750,000 · Feb 2011February 2011 | 90,000 /yr | |
| 511 | Studio | 401 sqft | AED 610KAED 610,000 · Jul 2023July 2023 | 6,661 /yr | |
| 512 | 2-bed | 963 sqft | AED 750KAED 750,000 · Mar 2021March 2021 | ||
| 513 | 1-bed | 666 sqft | AED 499KAED 498,500 · Feb 2009February 2009 | 76,000 /yr | |
| 514 | Studio | 438 sqft | AED 332KAED 332,089 · Aug 2008August 2008 | 55,000 /yr | |
| 515 | 1-bed | 589 sqft | AED 875KAED 875,000 · Dec 2024December 2024 | 90,000 /yr | |
| 516 | 1-bed | 589 sqft | AED 900KAED 900,000 · Jul 2025July 2025 | 71,415 /yr | |
| 517 | Studio | 438 sqft | AED 700KAED 700,000 · Nov 2016November 2016 | 51,500 /yr | |
| 518 | 1-bed | 666 sqft | AED 950KAED 950,000 · Jun 2008June 2008 | 48,000 /yr |
505, Marina Diamond Tower 2 in numbers
- Sold twice: first on 18 August 2008 for AED 290,759, last on 3 February 2021 for AED 400,000 (AED 957 per sqft).
- Rented since June 2017 on 6 Ejari contracts. The rent fell from AED 53,000 to AED 40,000 in 2022 and recovered to AED 55,000 by July 2024.
- At AED 55,000 a year the gross yield on the 2021 price is 13.8%, 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 14 July 2024.
Questions about 505, Marina Diamond Tower 2
What did unit 505 last sell for?
AED 400,000 on 3 February 2021: AED 957 per sqft for 418 sqft. The unit has 2 registered sales; the first was AED 290,759 in August 2008.
What is the rent for unit 505?
AED 55,000 a year on the contract signed on 14 July 2024. The previous contract, from June 2023, was AED 44,000; the unit has been rented since June 2017.
How big is unit 505?
418 sqft (38.8 sqm): a studio on the 5th floor of a 15-storey tower completed in 2007.
What is unit 505 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.
Selling 505? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 505, Marina Diamond Tower 2
Starts from the last sale price (AED 400K, 3 February 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 400,000
- Deposit, UAE resident (20%)
- AED 80,000
- Deposit, non-resident (40%)
- AED 160,000
- Monthly over 25 years at 3.7%
- AED 1,637
Plus AED 19,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →