Studio · 385 sqftMarina Diamond Tower 1, Dubai Marina · 3rd floor · completed 2006

311, Marina Diamond Tower 1

Sold prices and rental history: sold 4 times, last in May 2019, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 311 · DLD and Ejari recordsUpdated 1 November 2026
Last soldAED 475K9 May 2019
Current rentAED 45K /yr1 November 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 311, Marina Diamond Tower 1

What is 311 worth today?

Last sold for AED 475,000 in 2019

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1 Nov 2026RentedNew contract
AED 45,000/yr12 months · AED 116 per sqft
15 Jul 2026RentedNew contract
AED 45,000/yr12 months · AED 116 per sqft
15 Sep 2025RentedNew contract
AED 60,000/yr12 months · AED 155 per sqft
10 Aug 2024RentedNew contract
AED 55,000/yr12 months · AED 142 per sqft
18 May 2023RentedNew contract
AED 50,000/yr12 months · AED 129 per sqft
3 Apr 2022RentedNew contract
AED 40,000/yr12 months · AED 103 per sqft
9 May 2019SoldReady
AED 475,000AED 1,233 per sqft
7 Mar 2019RentedRenewal
AED 48,000/yr6 months · AED 124 per sqft

Source: Dubai Land Department. Updated 1 November 2026.

Key facts

Type
Studio apartment
Size
385 sqft
Floor
3rd of 14
Parking
189
Developer
Diamond Developers
Completed
2006
Service charge
AED 7,300 /yr
Last sold
AED 475K · May 2019

About 311, Marina Diamond Tower 1

311 is a studio of 385 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 9 May 2019 for AED 475,000, or AED 1,233 per sqft, in line with the AED 1,233 studios in the building were fetching at the time.

It has been rented continuously since 2012 on 13 Ejari contracts. The current contract, signed on 1 November 2026, is AED 45,000 a year: a gross yield of 9.5% on the 2019 price, before the service charge of about AED 7,300 a year.

Sales and rents for 311 over time

Sales
Unit 311, 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 249,018 (AED 646 per sqft)Sold, January 2011: AED 290,000 (AED 753 per sqft)Sold, October 2018: AED 460,000 (AED 1,194 per sqft)Sold, May 2019: AED 475,000 (AED 1,233 per sqft)

311 has sold 4 times; the dashed line is the studio median of each year in the building.

Rents
Unit 311, 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, November 2012: AED 39,000 a yearNew contract, November 2013: AED 42,000 a yearNew contract, October 2014: AED 65,000 a yearNew contract, December 2015: AED 60,000 a yearNew contract, February 2017: AED 57,500 a yearNew contract, March 2018: AED 46,000 a yearRenewal, March 2019: AED 48,000 a yearNew contract, April 2022: AED 40,000 a yearNew contract, May 2023: AED 50,000 a yearNew contract, August 2024: AED 55,000 a yearNew contract, September 2025: AED 60,000 a yearNew contract, July 2026: AED 45,000 a yearNew contract, November 2026: AED 45,000 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 311 sits

All 84 studios →

311 last sold in May 2019 at AED 1,233 per sqft, in line with 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. 311's AED 45,000 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

311, Marina Diamond Tower 1 in numbers

  • Sold 4 times: first on 10 July 2008 for AED 249,018, last on 9 May 2019 for AED 475,000 (AED 1,233 per sqft).
  • Rented since November 2012 on 13 Ejari contracts, from AED 39,000 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2019 price is 9.5%, before a service charge of about AED 7,300 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 1 November 2026.

Questions about 311, Marina Diamond Tower 1

What did unit 311 last sell for?

AED 475,000 on 9 May 2019: AED 1,233 per sqft for 385 sqft. The unit has 4 registered sales; the first was AED 249,018 in July 2008.

What is the rent for unit 311?

AED 45,000 a year on the contract signed on 1 November 2026. The previous contract, from July 2026, was AED 45,000; the unit has been rented since November 2012.

How big is unit 311?

385 sqft (35.8 sqm): a studio on the 3rd floor of a 14-storey tower completed in 2006.

What is unit 311 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 311, Marina Diamond Tower 1

Starts from the last sale price (AED 475K, 9 May 2019). Switch to today's estimate once you have unlocked it.
Price
AED 475,000
Deposit, UAE resident (20%)
AED 95,000
Deposit, non-resident (40%)
AED 190,000
Monthly over 25 years at 3.7%
AED 1,943

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