306, Marina Diamond Tower 1
Sold prices and rental history: sold twice, last in February 2017, 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 306, Marina Diamond Tower 1
What is 306 worth today?
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Source: Dubai Land Department. Updated 23 February 2017.
Key facts
- Type
- 2-bed apartment
- Size
- 1,016 sqft
- Floor
- 3rd of 14
- Parking
- 51
- Developer
- Diamond Developers
- Completed
- 2006
- Service charge
- AED 19,200 /yr
- Last sold
- AED 850K · February 2017
- Building
- Marina Diamond Tower 1
About 306, Marina Diamond Tower 1
306 is a two-bedroom apartment of 1,016 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 23 February 2017 for AED 850,000, or AED 836 per sqft, 16% below the AED 992 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, renewed on 1 April 2016, is AED 85,000 a year: a gross yield of 10.0% on the 2017 price, before the service charge of about AED 19,200 a year.
Sales and rents for 306 over time
306 has sold twice; the dashed line is the two-bed median of each year in the building.
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 306 sits
All 52 2-beds →306 last sold in February 2017 at AED 836 per sqft, 16% below what two-beds in Marina Diamond Tower 1 were fetching at the time (AED 992). 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. 306's AED 85,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 14 May 202614 May 2026 | 983 sqft | 1,310,000 | 1,332 | ||
| 28 Jul 202528 July 2025 | 983 sqft | 1,285,000 | 1,307 | ||
| 15 Jan 202515 January 2025 | 983 sqft | 1,225,000 | 1,246 | ||
| 23 Dec 202423 December 2024 | 1,135 sqft | 1,220,000 | 1,074 |
Marina Diamond Tower 1
Building183 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%
Other units on the 3rd floor
All 183 units in Marina Diamond Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 213 | Studio | 368 sqft | AED 600KAED 600,000 · Feb 2025February 2025 | 60,000 /yr | |
| 301 | 2-bed | 983 sqft | AED 577KAED 577,000 · Mar 2009March 2009 | 100,000 /yr | |
| 302 | 2-bed | 983 sqft | AED 1.05MAED 1,050,000 · Apr 2018April 2018 | 105,000 /yr | |
| 303 | 1-bed | 719 sqft | AED 351KAED 351,429 · Apr 2013April 2013 | 56,000 /yr | |
| 304 | 1-bed | 836 sqft | AED 1.2MAED 1,200,000 · Jul 2026July 2026 | 42,000 /yr | |
| 305 | 1-bed | 789 sqft | AED 700KAED 700,000 · Mar 2023March 2023 | 76,000 /yr | |
| 307 | 2-bed | 983 sqft | AED 680KAED 680,000 · Feb 2020February 2020 | 100,000 /yr | |
| 308 | Studio | 363 sqft | AED 390KAED 389,500 · Mar 2009March 2009 | 55,000 /yr | |
| 309 | Studio | 374 sqft | AED 640KAED 640,000 · Apr 2017April 2017 | 50,000 /yr | |
| 310 | Studio | 385 sqft | AED 595KAED 595,000 · Nov 2013November 2013 | 57,000 /yr | |
| 311 | Studio | 385 sqft | AED 475KAED 475,000 · May 2019May 2019 | 45,000 /yr | |
| 312 | Studio | 379 sqft | AED 575KAED 575,000 · Jan 2016January 2016 | 38,000 /yr | |
| 313 | Studio | 368 sqft | AED 495KAED 495,000 · Nov 2022November 2022 |
306, Marina Diamond Tower 1 in numbers
- Sold twice: first on 10 July 2008 for AED 597,595, last on 23 February 2017 for AED 850,000 (AED 836 per sqft).
- Rented since March 2013 on 4 Ejari contracts, from AED 82,180 to AED 85,000 a year.
- At AED 85,000 a year the gross yield on the 2017 price is 10.0%, before a service charge of about AED 19,200 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 23 February 2017.
Questions about 306, Marina Diamond Tower 1
What did unit 306 last sell for?
AED 850,000 on 23 February 2017: AED 836 per sqft for 1,016 sqft. The unit has 2 registered sales; the first was AED 597,595 in July 2008.
What is the rent for unit 306?
AED 85,000 a year on the contract renewed on 1 April 2016. The previous contract, from April 2015, was AED 100,000; the unit has been rented since March 2013.
How big is unit 306?
1,016 sqft (94.4 sqm): a two-bedroom apartment on the 3rd floor of a 14-storey tower completed in 2006.
What is unit 306 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.
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Mortgage on 306, Marina Diamond Tower 1
Starts from the last sale price (AED 850K, 23 February 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 850,000
- Deposit, UAE resident (20%)
- AED 170,000
- Deposit, non-resident (40%)
- AED 340,000
- Monthly over 25 years at 3.7%
- AED 3,478
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →