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1-bed · 666 sqftMarina Diamond Tower 2, Dubai Marina · 5th floor · completed 2007

518, Marina Diamond Tower 2

Sold prices and rental history: sold twice, last in June 2008, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 518 · DLD and Ejari recordsUpdated 16 September 2019
Last soldAED 950K3 June 2008
Current rentAED 48K /yr16 September 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 518, Marina Diamond Tower 2

What is 518 worth today?

Last sold for AED 950,000 in 2008

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16 Sep 2019RentedNew contract
AED 48,000/yr12 months · AED 72 per sqft
25 Sep 2018RentedNew contract
AED 58,000/yr12 months · AED 87 per sqft
5 Jun 2018RentedNew contract
AED 60,000/yr12 months · AED 90 per sqft
5 Dec 2017RentedNew contract
AED 70,000/yr6 months · AED 105 per sqft
9 Sep 2013RentedNew contract
AED 54,000/yr12 months · AED 81 per sqft
3 Jun 2008SoldReady
AED 950,000AED 1,426 per sqft
26 May 2008Sold by developerReady
AED 444,104AED 666 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 16 September 2019.

Key facts

Type
1-bed apartment
Size
666 sqft
Floor
5th of 15
Parking
60 B2
Developer
Diamond Developers
Completed
2007
Service charge
AED 12,200 /yr
Last sold
AED 950K · June 2008
Building
Marina Diamond Tower 2

About 518, Marina Diamond Tower 2

518 is a one-bedroom apartment of 666 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 June 2008 for AED 950,000, or AED 1,426 per sqft, 105% above the AED 694 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, signed on 16 September 2019, is AED 48,000 a year: a gross yield of 5.1% on the 2008 price, before the service charge of about AED 12,200 a year.

Sales and rents for 518 over time

Sales
Unit 518, each saleTypical one-bed in Marina Diamond Tower 2
500K750K1M2008201320182023Typical sale price by year: 2008 AED 440,433; 2009 AED 444,574; 2010 AED 471,119; 2011 AED 525,000; 2012 AED 460,500; 2013 AED 670,000; 2014 AED 820,000; 2015 AED 770,000; 2016 AED 775,000; 2017 AED 785,000; 2018 AED 720,000; 2019 AED 500,000; 2020 AED 437,500; 2021 AED 510,000; 2022 AED 590,000; 2023 AED 705,000; 2024 AED 830,000; 2025 AED 900,000Sold by developer, May 2008: AED 444,104 (AED 666 per sqft)Sold, June 2008: AED 950,000 (AED 1,426 per sqft)

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

Rents
Unit 518, each contractTypical one-bed in Marina Diamond Tower 2
40K60K80K2012201620202024Typical rent by year: 2012 AED 52,000; 2013 AED 60,000; 2014 AED 72,000; 2015 AED 75,000; 2016 AED 75,000; 2017 AED 68,000; 2018 AED 60,000; 2019 AED 50,000; 2020 AED 40,500; 2021 AED 39,000; 2022 AED 45,000; 2023 AED 58,000; 2024 AED 70,000; 2025 AED 65,500; 2026 AED 75,000New contract, September 2013: AED 54,000 a yearNew contract, December 2017: AED 70,000 a yearNew contract, June 2018: AED 60,000 a yearNew contract, September 2018: AED 58,000 a yearNew contract, September 2019: AED 48,000 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 2, and where 518 sits

All 122 1-beds →

518 last sold in June 2008 at AED 1,426 per sqft, 105% above what one-beds in Marina Diamond Tower 2 were fetching at the time (AED 694). Over the last 12 months one-beds sold for AED 920,000, around AED 1,561 per sqft, and rent for AED 55,000 to 90,000 a year. 518's AED 48,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
9 Feb 2026920,000
30 Jul 2025900,000
22 Jul 2025905,000
22 Jul 2025920,000
1 1-bed sale in the last 12 months

Marina Diamond Tower 2

Building

276 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%
Marina Diamond Tower 2, Dubai Marina: prices, sales and rents →

Other units on the 5th floor

All 276 units in Marina Diamond Tower 2
Value
5012-bedAED 825K · Feb 2019
502StudioAED 540K · May 2018
5032-bedAED 900K · Apr 2023
5041-bedAED 800K · Oct 2013
505StudioAED 400K · Feb 2021
5061-bedAED 585K · Jan 2023
5071-bedAED 400K · Jul 2020
1–7 of 17

518, Marina Diamond Tower 2 in numbers

  • Sold twice: first on 26 May 2008 for AED 444,104, last on 3 June 2008 for AED 950,000 (AED 1,426 per sqft).
  • Rented since September 2013 on 5 Ejari contracts, from AED 54,000 to AED 48,000 a year.
  • At AED 48,000 a year the gross yield on the 2008 price is 5.1%, before a service charge of about AED 12,200 a year (AED 18.33 per sqft).
  • One-beds in Marina Diamond Tower 2 sold for AED 920,000–920,000 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 16 September 2019.

Questions about 518, Marina Diamond Tower 2

What did unit 518 last sell for?

AED 950,000 on 3 June 2008: AED 1,426 per sqft for 666 sqft. The unit has 2 registered sales; the first was AED 444,104 in May 2008.

What is the rent for unit 518?

AED 48,000 a year on the contract signed on 16 September 2019. The previous contract, from September 2018, was AED 58,000; the unit has been rented since September 2013.

How big is unit 518?

666 sqft (61.9 sqm): a one-bedroom apartment on the 5th floor of a 15-storey tower completed in 2007.

What is unit 518 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 2 sold for AED 920,000 to 920,000 in the last 12 months, around AED 1,561 per sqft.

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Mortgage on 518, Marina Diamond Tower 2

Starts from the last sale price (AED 950K, 3 June 2008). Switch to today's estimate once you have unlocked it.
Price
AED 950,000
Deposit, UAE resident (20%)
AED 190,000
Deposit, non-resident (40%)
AED 380,000
Monthly over 25 years at 3.7%
AED 3,887

Plus AED 44,910 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →