2-bed · 1,031 sqftMarina Diamond Tower 4, Dubai Marina · 5th floor · completed 2010

502, Marina Diamond Tower 4

Sold prices and rental history: sold 4 times, last in December 2012, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 502 · DLD and Ejari recordsUpdated 1 December 2023
Last soldAED 1000K13 December 2012
Current rentAED 99K /yr1 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 502, Marina Diamond Tower 4

What is 502 worth today?

Last sold for AED 999,999 in 2012

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1 Dec 2023RentedRenewal
AED 99,000/yr12 months · AED 96 per sqft
1 Dec 2022RentedNew contract
AED 90,000/yr12 months · AED 87 per sqft
1 Nov 2021RentedNew contract
AED 65,000/yr12 months · AED 63 per sqft
25 Sep 2019RentedRenewal
AED 80,000/yr12 months · AED 77 per sqft
25 Sep 2018RentedRenewal
AED 90,000/yr12 months · AED 87 per sqft
25 Sep 2016RentedNew contract
AED 105,000/yr12 months · AED 102 per sqft
13 Dec 2012SoldReady
AED 999,999AED 970 per sqft
24 Feb 2011SoldReady
AED 900,000AED 873 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 December 2023.

Key facts

Type
2-bed apartment
Size
1,031 sqft
Floor
5th of 19
Parking
22 B1
Developer
Diamond Developers
Completed
2010
Service charge
AED 16,200 /yr
Last sold
AED 1000K · December 2012

About 502, Marina Diamond Tower 4

502 is a two-bedroom apartment of 1,031 sqft on the 5th floor of Marina Diamond Tower 4, a 19-storey tower in Dubai Marina completed in 2010 by Diamond Developers. It last sold on 13 December 2012 for AED 999,999, or AED 970 per sqft, 21% above the AED 801 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, renewed on 1 December 2023, is AED 99,000 a year: a gross yield of 9.9% on the 2012 price, before the service charge of about AED 16,200 a year.

Sales and rents for 502 over time

Sales
Unit 502, each saleTypical two-bed in Marina Diamond Tower 4
1M1.5M2008201320182023Typical sale price by year: 2008 AED 912,987; 2009 AED 891,815; 2010 AED 902,125; 2011 AED 900,000; 2012 AED 754,167; 2013 AED 1,000,000; 2014 AED 1,040,132; 2015 AED 1,375,000; 2016 AED 1,350,000; 2017 AED 1,237,500; 2018 AED 950,000; 2019 AED 850,000; 2020 AED 760,000; 2021 AED 877,500; 2022 AED 1,100,000; 2023 AED 1,210,000; 2024 AED 1,290,000; 2025 AED 1,435,000Sold by developer, December 2010: AED 720,000 (AED 698 per sqft)Sold, December 2010: AED 891,815 (AED 865 per sqft)Sold, February 2011: AED 900,000 (AED 873 per sqft)Sold, December 2012: AED 999,999 (AED 970 per sqft)

502 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 502, each contractTypical two-bed in Marina Diamond Tower 4
75K100K2012201620202024Typical rent by year: 2012 AED 75,000; 2013 AED 85,000; 2014 AED 101,000; 2015 AED 110,000; 2016 AED 105,000; 2017 AED 100,000; 2018 AED 90,000; 2019 AED 76,500; 2020 AED 62,500; 2021 AED 65,000; 2022 AED 75,000; 2023 AED 90,000; 2024 AED 103,500; 2025 AED 110,000; 2026 AED 110,000New contract, September 2016: AED 105,000 a yearRenewal, September 2018: AED 90,000 a yearRenewal, September 2019: AED 80,000 a yearNew contract, November 2021: AED 65,000 a yearNew contract, December 2022: AED 90,000 a yearRenewal, December 2023: AED 99,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Marina Diamond Tower 4, and where 502 sits

All 80 2-beds →

502 last sold in December 2012 at AED 970 per sqft, 21% above what two-beds in Marina Diamond Tower 4 were fetching at the time (AED 801). Over the last 12 months two-beds sold for AED 1,500,000 to 1,690,000, around AED 1,556 per sqft, and rent for AED 78,000 to 150,000 a year. 502's AED 99,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
2 Feb 20261,500,000
12 Jan 20261,690,000
15 May 20251,470,000
25 Mar 2025980,000
2 2-bed sales in the last 12 months

Marina Diamond Tower 4

Building

183 apartments, 1-bed to 4-bed over 19 floors in Dubai Marina, completed in 2010 by Diamond Developers. 8 sold in the last 12 months.

Typical price per sqft
AED 1,330
Typical sale
AED 973K
Typical rent
AED 86K /yr
Typical yield
7.6%
Marina Diamond Tower 4, Dubai Marina: prices, sales and rents →

Other units on the 5th floor

All 183 units in Marina Diamond Tower 4
Value
5012-bedAED 1.29M · Apr 2024
5032-bedAED 1.25M · Jan 2016
5042-bedAED 1.42M · Feb 2014
5051-bedAED 900K · Dec 2016
5061-bedAED 700K · Mar 2023
5071-bedAED 492K · Jun 2008
5081-bedAED 620K · Nov 2021
1–7 of 9

502, Marina Diamond Tower 4 in numbers

  • Sold 4 times: first on 14 December 2010 for AED 891,815, last on 13 December 2012 for AED 999,999 (AED 970 per sqft).
  • Rented since September 2016 on 6 Ejari contracts. The rent fell from AED 105,000 to AED 65,000 in 2021 and recovered to AED 99,000 by December 2023.
  • At AED 99,000 a year the gross yield on the 2012 price is 9.9%, before a service charge of about AED 16,200 a year (AED 15.68 per sqft).
  • Two-beds in Marina Diamond Tower 4 sold for AED 1,500,000–1,690,000 in the 12 months to November 2026; the building's median across all types is AED 1,330 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 1 December 2023.

Questions about 502, Marina Diamond Tower 4

What did unit 502 last sell for?

AED 999,999 on 13 December 2012: AED 970 per sqft for 1,031 sqft. The unit has 4 registered sales; the first was AED 891,815 in December 2010.

What is the rent for unit 502?

AED 99,000 a year on the contract renewed on 1 December 2023. The previous contract, from December 2022, was AED 90,000; the unit has been rented since September 2016.

How big is unit 502?

1,031 sqft (95.8 sqm): a two-bedroom apartment on the 5th floor of a 19-storey tower completed in 2010.

What is unit 502 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Marina Diamond Tower 4 sold for AED 1,500,000 to 1,690,000 in the last 12 months, around AED 1,556 per sqft.

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Mortgage on 502, Marina Diamond Tower 4

Starts from the last sale price (AED 1000K, 13 December 2012). Switch to today's estimate once you have unlocked it.
Price
AED 999,999
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

Plus AED 47,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →