Studio · 363 sqftMarina Diamond Tower 1, Dubai Marina · 13th floor · completed 2006

1308, Marina Diamond Tower 1

Sold prices and rental history: sold twice, last in March 2020, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1308 · DLD and Ejari recordsUpdated 20 July 2026
Last soldAED 425K10 March 2020
Current rentAED 50K /yr20 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1308, Marina Diamond Tower 1

What is 1308 worth today?

Last sold for AED 425,000 in 2020

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20 Jul 2026RentedRenewal
AED 50,000/yr12 months · AED 137 per sqft
20 Jul 2025RentedNew contract
AED 56,000/yr12 months · AED 153 per sqft
8 Jun 2024RentedRenewal
AED 53,000/yr12 months · AED 145 per sqft
8 Jun 2024RentedRenewal
AED 53,000/yr12 months · AED 145 per sqft
8 Jun 2023RentedNew contract
AED 48,000/yr12 months · AED 131 per sqft
1 Jun 2021RentedNew contract
AED 30,000/yr12 months · AED 82 per sqft
1 Feb 2021RentedNew contract
AED 32,000/yr12 months · AED 87 per sqft
10 Mar 2020SoldReady
AED 425,000AED 1,170 per sqft

Source: Dubai Land Department. Updated 20 July 2026.

Key facts

Type
Studio apartment
Size
363 sqft
Floor
13th of 14
Parking
127
Developer
Diamond Developers
Completed
2006
Service charge
AED 6,900 /yr
Last sold
AED 425K · March 2020

About 1308, Marina Diamond Tower 1

1308 is a studio of 363 sqft on the 13th floor of Marina Diamond Tower 1, a 14-storey tower in Dubai Marina completed in 2006 by Diamond Developers. It last sold on 10 March 2020 for AED 425,000, or AED 1,170 per sqft, 5% below the AED 1,233 studios in the building were fetching at the time.

It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, renewed on 20 July 2026, is AED 50,000 a year: a gross yield of 11.8% on the 2020 price, before the service charge of about AED 6,900 a year.

Sales and rents for 1308 over time

Sales
Unit 1308, 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, August 2008: AED 233,142 (AED 642 per sqft)Sold, March 2020: AED 425,000 (AED 1,170 per sqft)

1308 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1308, 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, May 2013: AED 38,000 a yearNew contract, May 2014: AED 40,000 a yearNew contract, August 2015: AED 65,000 a yearNew contract, October 2017: AED 53,000 a yearNew contract, December 2019: AED 40,000 a yearNew contract, February 2021: AED 32,000 a yearNew contract, June 2021: AED 30,000 a yearNew contract, June 2023: AED 48,000 a yearRenewal, June 2024: AED 53,000 a yearRenewal, June 2024: AED 53,000 a yearNew contract, July 2025: AED 56,000 a yearRenewal, July 2026: AED 50,000 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 1308 sits

All 84 studios →

1308 last sold in March 2020 at AED 1,170 per sqft, 5% below what studios in Marina Diamond Tower 1 were fetching at the time (AED 1,233). 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. 1308's AED 50,000 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 13th floor

All 183 units in Marina Diamond Tower 1
Value
13012-bedAED 1.25M · Dec 2023
13022-bedAED 1.23M · Aug 2024
13031-bedAED 1.08M · Sep 2014
13041-bedAED 535K · Jul 2008
13051-bedAED 780K · Oct 2026
13062-bedAED 710K · Oct 2011
13072-bedAED 725K · Oct 2011
1–7 of 12

1308, Marina Diamond Tower 1 in numbers

  • Sold twice: first on 10 August 2008 for AED 233,142, last on 10 March 2020 for AED 425,000 (AED 1,170 per sqft).
  • Rented since May 2013 on 12 Ejari contracts. The rent fell from AED 38,000 to AED 30,000 in 2021 and recovered to AED 50,000 by July 2026.
  • At AED 50,000 a year the gross yield on the 2020 price is 11.8%, 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 20 July 2026.

Questions about 1308, Marina Diamond Tower 1

What did unit 1308 last sell for?

AED 425,000 on 10 March 2020: AED 1,170 per sqft for 363 sqft. The unit has 2 registered sales; the first was AED 233,142 in August 2008.

What is the rent for unit 1308?

AED 50,000 a year on the contract renewed on 20 July 2026. The previous contract, from July 2025, was AED 56,000; the unit has been rented since May 2013.

How big is unit 1308?

363 sqft (33.7 sqm): a studio on the 13th floor of a 14-storey tower completed in 2006.

What is unit 1308 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 1308, Marina Diamond Tower 1

Starts from the last sale price (AED 425K, 10 March 2020). Switch to today's estimate once you have unlocked it.
Price
AED 425,000
Deposit, UAE resident (20%)
AED 85,000
Deposit, non-resident (40%)
AED 170,000
Monthly over 25 years at 3.7%
AED 1,739

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