308, Marina Diamond Tower 1
Sold prices and rental history: sold once, by the developer in March 2009, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 308, Marina Diamond Tower 1
What is 308 worth today?
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Source: Dubai Land Department. Updated 7 February 2024.
Key facts
- Type
- Studio apartment
- Size
- 363 sqft
- Floor
- 3rd of 14
- Parking
- 186
- Developer
- Diamond Developers
- Completed
- 2006
- Service charge
- AED 6,900 /yr
- Last sold
- AED 390K · March 2009
- Building
- Marina Diamond Tower 1
About 308, Marina Diamond Tower 1
308 is a studio of 363 sqft on the 3rd floor of Marina Diamond Tower 1, a 14-storey tower in Dubai Marina completed in 2006 by Diamond Developers. The developer sold it on 5 March 2009 for AED 389,500, or AED 1,073 per sqft, 59% above the AED 673 studios in the building were fetching at the time.
It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, signed on 7 February 2024, is AED 55,000 a year: a gross yield of 14.1% on the 2009 price, before the service charge of about AED 6,900 a year.
Sales and rents for 308 over time
308 has sold once; the dashed line is the studio median of each year in the building.
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 308 sits
All 84 studios →308 last sold in March 2009 at AED 1,073 per sqft, 59% above what studios in Marina Diamond Tower 1 were fetching at the time (AED 673). 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. 308's AED 55,000 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Aug 20264 August 2026 | 385 sqft | 775,000 | 2,012 | ||
| 15 Jul 202615 July 2026 | 374 sqft | 715,000 | 1,911 | ||
| 5 Jun 20265 June 2026 | 363 sqft | 672,000 | 1,851 | ||
| 9 Oct 20259 October 2025 | 374 sqft | 660,000 | 1,764 |
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 | |
| 306 | 2-bed | 1,016 sqft | AED 850KAED 850,000 · Feb 2017February 2017 | 85,000 /yr | |
| 307 | 2-bed | 983 sqft | AED 680KAED 680,000 · Feb 2020February 2020 | 100,000 /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 |
308, Marina Diamond Tower 1 in numbers
- Sold once: by Diamond Developers on 5 March 2009 for AED 389,500, or AED 1,073 per sqft.
- Rented since February 2017 on 7 Ejari contracts. The rent fell from AED 58,000 to AED 27,000 in 2021 and recovered to AED 55,000 by February 2024.
- At AED 55,000 a year the gross yield on the 2009 price is 14.1%, 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 7 February 2024.
Questions about 308, Marina Diamond Tower 1
What did unit 308 last sell for?
AED 389,500 on 5 March 2009, sold by the developer: AED 1,073 per sqft for 363 sqft. It is the only registered sale of the unit.
What is the rent for unit 308?
AED 55,000 a year on the contract signed on 7 February 2024. The previous contract, from January 2023, was AED 44,000; the unit has been rented since February 2017.
How big is unit 308?
363 sqft (33.7 sqm): a studio on the 3rd floor of a 14-storey tower completed in 2006.
What is unit 308 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 308, Marina Diamond Tower 1
Starts from the last sale price (AED 390K, 5 March 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 389,500
- Deposit, UAE resident (20%)
- AED 77,900
- Deposit, non-resident (40%)
- AED 155,800
- Monthly over 25 years at 3.7%
- AED 1,594
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →