312, Marina Diamond Tower 1
Sold prices and rental history: sold 3 times, last in January 2016, 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 312, Marina Diamond Tower 1
What is 312 worth today?
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Source: Dubai Land Department. Updated 7 April 2022.
Key facts
- Type
- Studio apartment
- Size
- 379 sqft
- Floor
- 3rd of 14
- Parking
- 190
- Developer
- Diamond Developers
- Completed
- 2006
- Service charge
- AED 7,200 /yr
- Last sold
- AED 575K · January 2016
- Building
- Marina Diamond Tower 1
About 312, Marina Diamond Tower 1
312 is a studio of 379 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 25 January 2016 for AED 575,000, or AED 1,517 per sqft, 5% above the AED 1,451 studios in the building were fetching at the time.
It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, signed on 7 April 2022, is AED 38,000 a year: a gross yield of 6.6% on the 2016 price, before the service charge of about AED 7,200 a year.
Sales and rents for 312 over time
312 has sold 3 times; 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 312 sits
All 84 studios →312 last sold in January 2016 at AED 1,517 per sqft, 5% above what studios in Marina Diamond Tower 1 were fetching at the time (AED 1,451). 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. 312's AED 38,000 is in the lower 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 | |
| 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 | |
| 313 | Studio | 368 sqft | AED 495KAED 495,000 · Nov 2022November 2022 |
312, Marina Diamond Tower 1 in numbers
- Sold 3 times: first on 31 August 2009 for AED 244,524, last on 25 January 2016 for AED 575,000 (AED 1,517 per sqft).
- Rented since October 2013 on 5 Ejari contracts, from AED 45,000 to AED 38,000 a year.
- At AED 38,000 a year the gross yield on the 2016 price is 6.6%, before a service charge of about AED 7,200 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 April 2022.
Questions about 312, Marina Diamond Tower 1
What did unit 312 last sell for?
AED 575,000 on 25 January 2016: AED 1,517 per sqft for 379 sqft. The unit has 3 registered sales; the first was AED 244,524 in August 2009.
What is the rent for unit 312?
AED 38,000 a year on the contract signed on 7 April 2022. The previous contract, from January 2020, was AED 40,000; the unit has been rented since October 2013.
How big is unit 312?
379 sqft (35.2 sqm): a studio on the 3rd floor of a 14-storey tower completed in 2006.
What is unit 312 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 312, Marina Diamond Tower 1
Starts from the last sale price (AED 575K, 25 January 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 575,000
- Deposit, UAE resident (20%)
- AED 115,000
- Deposit, non-resident (40%)
- AED 230,000
- Monthly over 25 years at 3.7%
- AED 2,353
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →