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Studio · 363 sqftMarina Diamond Tower 1, Dubai Marina · 10th floor · completed 2006

1008, Marina Diamond Tower 1

Sold prices and rental history: sold twice, last in May 2023, and rented once, from March 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1008 · DLD and Ejari recordsUpdated 18 May 2023
Last soldAED 550K18 May 2023
Current rentAED 47K /yr1 March 2013
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1008, Marina Diamond Tower 1

What is 1008 worth today?

Last sold for AED 550,000 in 2023

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18 May 2023SoldReady
AED 550,000AED 1,515 per sqft
1 Mar 2013RentedNew contract
AED 46,667/yr12 months · AED 129 per sqft
24 Nov 2008Sold by developerReady
AED 238,500AED 657 per sqft

Source: Dubai Land Department. Updated 18 May 2023.

Key facts

Type
Studio apartment
Size
363 sqft
Floor
10th of 14
Parking
193
Developer
Diamond Developers
Completed
2006
Service charge
AED 6,900 /yr
Last sold
AED 550K · May 2023
Building
Marina Diamond Tower 1

About 1008, Marina Diamond Tower 1

1008 is a studio of 363 sqft on the 10th floor of Marina Diamond Tower 1, a 14-storey tower in Dubai Marina completed in 2006 by Diamond Developers. It last sold on 18 May 2023 for AED 550,000, or AED 1,515 per sqft, 12% above the AED 1,352 studios in the building were fetching at the time.

One Ejari contract is registered, from 1 March 2013. The current contract, signed on 1 March 2013, is AED 46,667 a year: a gross yield of 8.5% on the 2023 price, before the service charge of about AED 6,900 a year.

Sales and rents for 1008 over time

Sales
Unit 1008, each saleTypical studio in Marina Diamond Tower 1
250K500K750K2008201320182023Typical sale price by year: 2008 AED 258,616; 2009 AED 341,950; 2010 AED 280,000; 2011 AED 290,000; 2012 AED 388,000; 2013 AED 505,000; 2014 AED 600,000; 2015 AED 445,000; 2016 AED 600,000; 2017 AED 650,000; 2018 AED 537,500; 2019 AED 475,000; 2020 AED 395,000; 2021 AED 377,500; 2022 AED 435,000; 2023 AED 530,000; 2024 AED 659,500; 2025 AED 707,500; 2026 AED 715,000Sold by developer, November 2008: AED 238,500 (AED 657 per sqft)Sold, May 2023: AED 550,000 (AED 1,515 per sqft)

1008 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1008, each contractTypical studio in Marina Diamond Tower 1
40K60K2012201620202024Typical rent by year: 2012 AED 39,500; 2013 AED 45,000; 2014 AED 55,000; 2015 AED 60,000; 2016 AED 60,000; 2017 AED 55,000; 2018 AED 47,500; 2019 AED 40,000; 2020 AED 31,000; 2021 AED 30,000; 2022 AED 38,000; 2023 AED 45,000; 2024 AED 55,000; 2025 AED 57,000; 2026 AED 50,080New contract, March 2013: AED 46,667 a year

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

Studios in Marina Diamond Tower 1, and where 1008 sits

All 84 studios →

1008 last sold in May 2023 at AED 1,515 per sqft, 12% above what studios in Marina Diamond Tower 1 were fetching at the time (AED 1,352). Over the last 12 months studios sold for AED 672,000 to 775,000, around AED 1,911 per sqft, and rent for AED 26,000 to 75,000 a year. 1008's AED 46,667 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
4 Aug 2026775,000
15 Jul 2026715,000
5 Jun 2026672,000
9 Oct 2025660,000
3 studio sales in the last 12 months

Marina Diamond Tower 1

Building

183 apartments, studios to 2-bed over 14 floors in Dubai Marina, completed in 2006 by Diamond Developers. 10 sold in the last 12 months.

Typical price per sqft
AED 1,413 Down 9.1%
Typical sale
AED 995K
Typical rent
AED 58K /yr
Typical yield
9.1%
Marina Diamond Tower 1, Dubai Marina: prices, sales and rents →

Other units on the 10th floor

All 183 units in Marina Diamond Tower 1
Value
10012-bedAED 710K · May 2012
10022-bedAED 1.24M · Apr 2024
10031-bedAED 473K · Jun 2008
10041-bedAED 1.05M · Oct 2024
10051-bedAED 970K · Oct 2024
10062-bedAED 600K · Aug 2010
10072-bedAED 1.08M · Jul 2023
1–7 of 12

1008, Marina Diamond Tower 1 in numbers

  • Sold twice: first on 24 November 2008 for AED 238,500, last on 18 May 2023 for AED 550,000 (AED 1,515 per sqft).
  • Rented since March 2013 on one Ejari contract, at AED 46,667 a year.
  • At AED 46,667 a year the gross yield on the 2023 price is 8.5%, before a service charge of about AED 6,900 a year (AED 18.89 per sqft).
  • Studios in Marina Diamond Tower 1 sold for AED 672,000–775,000 in the 12 months to November 2026; the building's median across all types is AED 1,413 per sqft.

Source: Dubai Land Department. Updated 18 May 2023.

Questions about 1008, Marina Diamond Tower 1

What did unit 1008 last sell for?

AED 550,000 on 18 May 2023: AED 1,515 per sqft for 363 sqft. The unit has 2 registered sales; the first was AED 238,500 in November 2008.

What is the rent for unit 1008?

AED 46,667 a year on the contract signed on 1 March 2013.

How big is unit 1008?

363 sqft (33.7 sqm): a studio on the 10th floor of a 14-storey tower completed in 2006.

What is unit 1008 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 1 sold for AED 672,000 to 775,000 in the last 12 months, around AED 1,911 per sqft.

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Mortgage on 1008, Marina Diamond Tower 1

Starts from the last sale price (AED 550K, 18 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 550,000
Deposit, UAE resident (20%)
AED 110,000
Deposit, non-resident (40%)
AED 220,000
Monthly over 25 years at 3.7%
AED 2,250

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →