505, Marina Diamond Tower 6
Sold prices and rental history: sold twice, last in August 2016, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 505, Marina Diamond Tower 6
What is 505 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 15 July 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 708 sqft
- Floor
- 5th of 19
- Parking
- 57 B1
- Developer
- Diamond Developers
- Completed
- 2008
- Service charge
- AED 13,100 /yr
- Last sold
- AED 1.01M · August 2016
- Building
- Marina Diamond Tower 6
About 505, Marina Diamond Tower 6
505 is a one-bedroom apartment of 708 sqft on the 5th floor of Marina Diamond Tower 6, a 19-storey tower in Dubai Marina completed in 2008 by Diamond Developers. It last sold on 22 August 2016 for AED 1,010,000, or AED 1,426 per sqft, 20% above the AED 1,190 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 15 July 2024, is AED 72,000 a year: a gross yield of 7.1% on the 2016 price, before the service charge of about AED 13,100 a year.
Sales and rents for 505 over time
505 has sold twice; the dashed line is the one-bed median of each year in the building.
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 505 sits
All 108 1-beds →505 last sold in August 2016 at AED 1,426 per sqft, 20% above what one-beds in Marina Diamond Tower 6 were fetching at the time (AED 1,190). Over the last 12 months one-beds sold for AED 500,000 to 1,055,000, around AED 1,422 per sqft, and rent for AED 70,000 to 100,000 a year. 505's AED 72,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 5 Feb 20265 February 2026 | 708 sqft | 925,000 | 1,306 | ||
| 29 Jan 202629 January 2026 | 714 sqft | 1,020,000 | 1,428 | ||
| 13 Jun 202513 June 2025 | 769 sqft | 730,000 | 949 | ||
| 28 May 202528 May 2025 | 706 sqft | 950,000 | 1,345 |
Marina Diamond Tower 6
Building190 apartments, 1-bed to 2-bed over 19 floors in Dubai Marina, completed in 2008 by Diamond Developers. 5 sold in the last 12 months.
- Typical price per sqft
- AED 1,416
- Typical sale
- AED 1.02M
- Typical rent
- AED 85K /yr
- Typical yield
- 7.2%
Other units on the 5th floor
All 190 units in Marina Diamond Tower 6| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,084 sqft | AED 1.02MAED 1,015,000 · Mar 2023March 2023 | 85,000 /yr | |
| 502 | 2-bed | 1,084 sqft | AED 740KAED 740,000 · Jan 2013January 2013 | ||
| 503 | 1-bed | 708 sqft | AED 970KAED 970,000 · Oct 2008October 2008 | 72,500 /yr | |
| 504 | 1-bed | 706 sqft | AED 702KAED 702,000 · Jul 2022July 2022 | 84,000 /yr | |
| 506 | 2-bed | 1,084 sqft | AED 1.31MAED 1,310,000 · Mar 2024March 2024 | 73,000 /yr | |
| 507 | 2-bed | 1,084 sqft | AED 465KAED 465,000 · Dec 2022December 2022 | 56,000 /yr | |
| 508 | 1-bed | 714 sqft | AED 560KAED 560,490 · Nov 2015November 2015 | 40,000 /yr | |
| 509 | 1-bed | 769 sqft | AED 600KAED 599,820 · Dec 2012December 2012 | 50,000 /yr | |
| 510 | 1-bed | 714 sqft | AED 590KAED 590,000 · Apr 2021April 2021 | 54,000 /yr |
505, Marina Diamond Tower 6 in numbers
- Sold twice: first on 1 September 2008 for AED 535,000, last on 22 August 2016 for AED 1,010,000 (AED 1,426 per sqft).
- Rented since July 2013 on 10 Ejari contracts. The rent fell from AED 52,600 to AED 42,000 in 2021 and recovered to AED 72,000 by July 2024.
- At AED 72,000 a year the gross yield on the 2016 price is 7.1%, before a service charge of about AED 13,100 a year (AED 18.50 per sqft).
- One-beds in Marina Diamond Tower 6 sold for AED 500,000–1,055,000 in the 12 months to November 2026; the building's median across all types is AED 1,416 per sqft.
Source: YallaValue analysis of Dubai Land Department records. Updated 15 July 2024.
Questions about 505, Marina Diamond Tower 6
What did unit 505 last sell for?
AED 1,010,000 on 22 August 2016: AED 1,426 per sqft for 708 sqft. The unit has 2 registered sales; the first was AED 535,000 in September 2008.
What is the rent for unit 505?
AED 72,000 a year on the contract signed on 15 July 2024. The previous contract, from November 2022, was AED 63,500; the unit has been rented since July 2013.
How big is unit 505?
708 sqft (65.8 sqm): a one-bedroom apartment on the 5th floor of a 19-storey tower completed in 2008.
What is unit 505 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 1,055,000 in the last 12 months, around AED 1,422 per sqft.
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Mortgage on 505, Marina Diamond Tower 6
Starts from the last sale price (AED 1.01M, 22 August 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 1,010,000
- Deposit, UAE resident (20%)
- AED 202,000
- Deposit, non-resident (40%)
- AED 404,000
- Monthly over 25 years at 3.7%
- AED 4,132
Plus AED 47,430 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →