Studio · 374 sqftMarina Diamond Tower 1, Dubai Marina · 3rd floor · completed 2006

309, Marina Diamond Tower 1

Sold prices and rental history: sold 3 times, last in April 2017, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 309 · DLD and Ejari recordsUpdated 20 October 2026
Last soldAED 640K6 April 2017
Current rentAED 50K /yr20 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 309, Marina Diamond Tower 1

What is 309 worth today?

Last sold for AED 640,000 in 2017

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20 Oct 2026RentedRenewal
AED 50,000/yr12 months · AED 137 per sqft
20 Oct 2025RentedRenewal
AED 61,000/yr12 months · AED 167 per sqft
20 Oct 2024RentedNew contract
AED 61,000/yr12 months · AED 162 per sqft
15 May 2022RentedNew contract
AED 38,000/yr12 months · AED 101 per sqft
2 Apr 2021RentedNew contract
AED 33,000/yr12 months · AED 88 per sqft
10 Feb 2020RentedNew contract
AED 40,000/yr12 months · AED 106 per sqft
12 Nov 2018RentedRenewal
AED 55,000/yr12 months · AED 146 per sqft
12 Nov 2017RentedRenewal
AED 60,000/yr12 months · AED 159 per sqft

Source: Dubai Land Department. Updated 20 October 2026.

Key facts

Type
Studio apartment
Size
374 sqft
Floor
3rd of 14
Parking
187
Developer
Diamond Developers
Completed
2006
Service charge
AED 7,100 /yr
Last sold
AED 640K · April 2017

About 309, Marina Diamond Tower 1

309 is a studio of 374 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 6 April 2017 for AED 640,000, or AED 1,711 per sqft, 5% above the AED 1,629 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 10 Ejari contracts. The current contract, renewed on 20 October 2026, is AED 50,000 a year: a gross yield of 7.8% on the 2017 price, before the service charge of about AED 7,100 a year.

Sales and rents for 309 over time

Sales
Unit 309, 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, July 2008: AED 185,166 (AED 495 per sqft)Sold, January 2017: AED 540,000 (AED 1,443 per sqft)Sold, April 2017: AED 640,000 (AED 1,711 per sqft)

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

Rents
Unit 309, 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, September 2015: AED 60,000 a yearNew contract, November 2016: AED 60,000 a yearRenewal, November 2017: AED 60,000 a yearRenewal, November 2018: AED 55,000 a yearNew contract, February 2020: AED 40,000 a yearNew contract, April 2021: AED 33,000 a yearNew contract, May 2022: AED 38,000 a yearNew contract, October 2024: AED 61,000 a yearRenewal, October 2025: AED 61,000 a yearRenewal, October 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 309 sits

All 84 studios →

309 last sold in April 2017 at AED 1,711 per sqft, 5% above what studios in Marina Diamond Tower 1 were fetching at the time (AED 1,629). 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. 309'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 3rd floor

All 183 units in Marina Diamond Tower 1
Value
213StudioAED 600K · Feb 2025
3012-bedAED 577K · Mar 2009
3022-bedAED 1.05M · Apr 2018
3031-bedAED 351K · Apr 2013
3041-bedAED 1.2M · Jul 2026
3051-bedAED 700K · Mar 2023
3062-bedAED 850K · Feb 2017
1–7 of 13

309, Marina Diamond Tower 1 in numbers

  • Sold 3 times: first on 3 July 2008 for AED 185,166, last on 6 April 2017 for AED 640,000 (AED 1,711 per sqft).
  • Rented since September 2015 on 10 Ejari contracts. The rent fell from AED 60,000 to AED 33,000 in 2021 and recovered to AED 50,000 by October 2026.
  • At AED 50,000 a year the gross yield on the 2017 price is 7.8%, before a service charge of about AED 7,100 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 October 2026.

Questions about 309, Marina Diamond Tower 1

What did unit 309 last sell for?

AED 640,000 on 6 April 2017: AED 1,711 per sqft for 374 sqft. The unit has 3 registered sales; the first was AED 185,166 in July 2008.

What is the rent for unit 309?

AED 50,000 a year on the contract renewed on 20 October 2026. The previous contract, from October 2025, was AED 61,000; the unit has been rented since September 2015.

How big is unit 309?

374 sqft (34.7 sqm): a studio on the 3rd floor of a 14-storey tower completed in 2006.

What is unit 309 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 309, Marina Diamond Tower 1

Starts from the last sale price (AED 640K, 6 April 2017). Switch to today's estimate once you have unlocked it.
Price
AED 640,000
Deposit, UAE resident (20%)
AED 128,000
Deposit, non-resident (40%)
AED 256,000
Monthly over 25 years at 3.7%
AED 2,618

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