Studio · 379 sqftMarina Diamond Tower 1, Dubai Marina · 1st floor · completed 2006

111, Marina Diamond Tower 1

Sold prices and rental history: sold 3 times, last in February 2017, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 111 · DLD and Ejari recordsUpdated 20 June 2025
Last soldAED 585K5 February 2017
Current rentAED 47K /yr20 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 111, Marina Diamond Tower 1

What is 111 worth today?

Last sold for AED 585,000 in 2017

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20 Jun 2025RentedRenewal
AED 47,250/yr12 months · AED 125 per sqft
20 Jun 2024RentedNew contract
AED 45,000/yr12 months · AED 119 per sqft
15 Jun 2023RentedNew contract
AED 45,000/yr12 months · AED 119 per sqft
10 Jun 2021RentedNew contract
AED 28,000/yr12 months · AED 74 per sqft
5 May 2020RentedRenewal
AED 40,000/yr12 months · AED 106 per sqft
5 May 2019RentedRenewal
AED 40,000/yr12 months · AED 106 per sqft
5 May 2018RentedRenewal
AED 40,000/yr12 months · AED 106 per sqft
5 May 2017RentedNew contract
AED 50,000/yr12 months · AED 133 per sqft

Source: Dubai Land Department. Updated 20 June 2025.

Key facts

Type
Studio apartment
Size
379 sqft
Floor
1st of 14
Parking
200
Developer
Diamond Developers
Completed
2006
Service charge
AED 7,200 /yr
Last sold
AED 585K · February 2017

About 111, Marina Diamond Tower 1

111 is a studio of 379 sqft on the 1st floor of Marina Diamond Tower 1, a 14-storey tower in Dubai Marina completed in 2006 by Diamond Developers. It last sold on 5 February 2017 for AED 585,000, or AED 1,543 per sqft, in line with the AED 1,580 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 9 Ejari contracts. The current contract, renewed on 20 June 2025, is AED 47,250 a year: a gross yield of 8.1% on the 2017 price, before the service charge of about AED 7,200 a year.

Sales and rents for 111 over time

Sales
Unit 111, 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, February 2013: AED 249,798 (AED 659 per sqft)Sold, March 2016: AED 590,000 (AED 1,556 per sqft)Sold, February 2017: AED 585,000 (AED 1,543 per sqft)

111 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 111, 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, April 2016: AED 55,000 a yearNew contract, May 2017: AED 50,000 a yearRenewal, May 2018: AED 40,000 a yearRenewal, May 2019: AED 40,000 a yearRenewal, May 2020: AED 40,000 a yearNew contract, June 2021: AED 28,000 a yearNew contract, June 2023: AED 45,000 a yearNew contract, June 2024: AED 45,000 a yearRenewal, June 2025: AED 47,250 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 111 sits

All 84 studios →

111 last sold in February 2017 at AED 1,543 per sqft, in line with what studios in Marina Diamond Tower 1 were fetching at the time (AED 1,580). 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. 111's AED 47,250 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 1st floor

All 183 units in Marina Diamond Tower 1
Value
1012-bedAED 1.5M · Jan 2023
1022-bedAED 550K · May 2008
1031-bedAED 970K · Jul 2025
1041-bedAED 920K · Nov 2015
1052-bedAED 1.22M · Dec 2024
1062-bedAED 1.23M · Jan 2025
107StudioAED 900K · Sep 2025
1–7 of 11

111, Marina Diamond Tower 1 in numbers

  • Sold 3 times: first on 4 February 2013 for AED 249,798, last on 5 February 2017 for AED 585,000 (AED 1,543 per sqft).
  • Rented since April 2016 on 9 Ejari contracts. The rent fell from AED 55,000 to AED 28,000 in 2021 and recovered to AED 47,250 by June 2025.
  • At AED 47,250 a year the gross yield on the 2017 price is 8.1%, before a service charge of about AED 7,200 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 20 June 2025.

Questions about 111, Marina Diamond Tower 1

What did unit 111 last sell for?

AED 585,000 on 5 February 2017: AED 1,543 per sqft for 379 sqft. The unit has 3 registered sales; the first was AED 249,798 in February 2013.

What is the rent for unit 111?

AED 47,250 a year on the contract renewed on 20 June 2025. The previous contract, from June 2024, was AED 45,000; the unit has been rented since April 2016.

How big is unit 111?

379 sqft (35.2 sqm): a studio on the 1st floor of a 14-storey tower completed in 2006.

What is unit 111 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 111, Marina Diamond Tower 1

Starts from the last sale price (AED 585K, 5 February 2017). Switch to today's estimate once you have unlocked it.
Price
AED 585,000
Deposit, UAE resident (20%)
AED 117,000
Deposit, non-resident (40%)
AED 234,000
Monthly over 25 years at 3.7%
AED 2,393

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