2-bed · 983 sqftMarina Diamond Tower 1, Dubai Marina · 3rd floor · completed 2006

302, Marina Diamond Tower 1

Sold prices and rental history: sold 3 times, last in April 2018, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 302 · DLD and Ejari recordsUpdated 8 April 2018
Last soldAED 1.05M8 April 2018
Current rentAED 105K /yr1 February 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 302, Marina Diamond Tower 1

What is 302 worth today?

Last sold for AED 1,050,000 in 2018

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

8 Apr 2018SoldReady
AED 1,050,000AED 1,068 per sqft
1 Feb 2017RentedNew contract
AED 105,000/yr12 months · AED 107 per sqft
7 Aug 2016SoldReady
AED 1,110,000AED 1,129 per sqft
1 Feb 2016RentedNew contract
AED 110,000/yr12 months · AED 112 per sqft
20 May 2014Sold by developerReady
AED 950,000AED 966 per sqft

Source: Dubai Land Department. Updated 8 April 2018.

Key facts

Type
2-bed apartment
Size
983 sqft
Floor
3rd of 14
Parking
50
Developer
Diamond Developers
Completed
2006
Service charge
AED 18,600 /yr
Last sold
AED 1.05M · April 2018

About 302, Marina Diamond Tower 1

302 is a two-bedroom apartment of 983 sqft on the 3rd floor of Marina Diamond Tower 1, a 14-storey tower in Dubai Marina completed in 2006 by Diamond Developers. It last sold on 8 April 2018 for AED 1,050,000, or AED 1,068 per sqft, 5% above the AED 1,017 two-beds in the building were fetching at the time.

It has been rented since 2016 on 2 Ejari contracts. The current contract, signed on 1 February 2017, is AED 105,000 a year: a gross yield of 10.0% on the 2018 price, before the service charge of about AED 18,600 a year.

Sales and rents for 302 over time

Sales
Unit 302, each saleTypical two-bed in Marina Diamond Tower 1
500K1M2008201320182023Typical sale price by year: 2008 AED 584,145; 2009 AED 584,400; 2010 AED 635,000; 2011 AED 595,828; 2012 AED 720,000; 2013 AED 700,000; 2014 AED 1,192,500; 2015 AED 1,187,500; 2016 AED 1,050,000; 2017 AED 1,000,000; 2018 AED 990,000; 2021 AED 758,784; 2022 AED 925,000; 2023 AED 1,165,000; 2024 AED 1,225,000Sold by developer, May 2014: AED 950,000 (AED 966 per sqft)Sold, August 2016: AED 1,110,000 (AED 1,129 per sqft)Sold, April 2018: AED 1,050,000 (AED 1,068 per sqft)

302 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 302, each contractTypical two-bed in Marina Diamond Tower 1
50K75K100K2012201620202024Typical rent by year: 2012 AED 70,000; 2013 AED 80,000; 2014 AED 85,500; 2015 AED 105,000; 2016 AED 101,000; 2017 AED 95,000; 2018 AED 85,000; 2019 AED 72,000; 2020 AED 60,000; 2021 AED 55,000; 2022 AED 66,000; 2023 AED 88,000; 2024 AED 98,500; 2025 AED 100,000; 2026 AED 97,500New contract, February 2016: AED 110,000 a yearNew contract, February 2017: AED 105,000 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 1, and where 302 sits

All 52 2-beds →

302 last sold in April 2018 at AED 1,068 per sqft, 5% above what two-beds in Marina Diamond Tower 1 were fetching at the time (AED 1,017). Over the last 12 months two-beds sold for AED 1,310,000, around AED 1,332 per sqft, and rent for AED 75,000 to 130,000 a year. 302's AED 105,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
14 May 20261,310,000
28 Jul 20251,285,000
15 Jan 20251,225,000
23 Dec 20241,220,000
1 2-bed sale 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 3rd floor

All 183 units in Marina Diamond Tower 1
Value
213StudioAED 600K · Feb 2025
3012-bedAED 577K · Mar 2009
3031-bedAED 351K · Apr 2013
3041-bedAED 1.2M · Jul 2026
3051-bedAED 700K · Mar 2023
3062-bedAED 850K · Feb 2017
3072-bedAED 680K · Feb 2020
1–7 of 13

302, Marina Diamond Tower 1 in numbers

  • Sold 3 times: first on 20 May 2014 for AED 950,000, last on 8 April 2018 for AED 1,050,000 (AED 1,068 per sqft).
  • Rented since February 2016 on 2 Ejari contracts, from AED 110,000 to AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2018 price is 10.0%, before a service charge of about AED 18,600 a year (AED 18.89 per sqft).
  • Two-beds in Marina Diamond Tower 1 sold for AED 1,310,000–1,310,000 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 8 April 2018.

Questions about 302, Marina Diamond Tower 1

What did unit 302 last sell for?

AED 1,050,000 on 8 April 2018: AED 1,068 per sqft for 983 sqft. The unit has 3 registered sales; the first was AED 950,000 in May 2014.

What is the rent for unit 302?

AED 105,000 a year on the contract signed on 1 February 2017. The previous contract, from February 2016, was AED 110,000.

How big is unit 302?

983 sqft (91.3 sqm): a two-bedroom apartment on the 3rd floor of a 14-storey tower completed in 2006.

What is unit 302 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 1 sold for AED 1,310,000 to 1,310,000 in the last 12 months, around AED 1,332 per sqft.

Selling 302? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 302, Marina Diamond Tower 1

Starts from the last sale price (AED 1.05M, 8 April 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,050,000
Deposit, UAE resident (20%)
AED 210,000
Deposit, non-resident (40%)
AED 420,000
Monthly over 25 years at 3.7%
AED 4,296

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