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1-bed · 681 sqftMarina Diamond Tower 2, Dubai Marina · 3rd floor · completed 2007

304, Marina Diamond Tower 2

Sold prices and rental history: sold 3 times, last in September 2021, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 304 · DLD and Ejari recordsUpdated 20 November 2024
Last soldAED 495K6 September 2021
Current rentAED 73K /yr20 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 304, Marina Diamond Tower 2

What is 304 worth today?

Last sold for AED 495,000 in 2021

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20 Nov 2024RentedRenewal
AED 72,750/yr12 months · AED 107 per sqft
20 Nov 2023RentedRenewal
AED 63,250/yr12 months · AED 93 per sqft
20 Nov 2022RentedRenewal
AED 57,500/yr12 months · AED 85 per sqft
20 Nov 2021RentedNew contract
AED 50,000/yr12 months · AED 74 per sqft
6 Sep 2021SoldReady
AED 495,000AED 726 per sqft
20 Nov 2020RentedNew contract
AED 40,000/yr12 months · AED 59 per sqft
25 Jul 2018RentedNew contract
AED 58,000/yr12 months · AED 86 per sqft
30 Jul 2016RentedRenewal
AED 80,000/yr12 months · AED 118 per sqft

Source: Dubai Land Department. Updated 20 November 2024.

Key facts

Type
1-bed apartment
Size
681 sqft
Floor
3rd of 15
Parking
27 B2
Developer
Diamond Developers
Completed
2007
Service charge
AED 12,500 /yr
Last sold
AED 495K · September 2021
Building
Marina Diamond Tower 2

About 304, Marina Diamond Tower 2

304 is a one-bedroom apartment of 681 sqft on the 3rd floor of Marina Diamond Tower 2, a 15-storey tower in Dubai Marina completed in 2007 by Diamond Developers. It last sold on 6 September 2021 for AED 495,000, or AED 726 per sqft, 7% below the AED 780 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 10 Ejari contracts. The current contract, renewed on 20 November 2024, is AED 72,750 a year: a gross yield of 14.7% on the 2021 price, before the service charge of about AED 12,500 a year.

Sales and rents for 304 over time

Sales
Unit 304, each saleTypical one-bed in Marina Diamond Tower 2
500K1M2008201320182023Typical sale price by year: 2008 AED 438,392; 2009 AED 444,574; 2010 AED 475,000; 2011 AED 525,000; 2012 AED 460,500; 2013 AED 670,000; 2014 AED 797,500; 2015 AED 770,000; 2016 AED 775,000; 2017 AED 785,000; 2018 AED 720,000; 2019 AED 500,000; 2020 AED 437,500; 2021 AED 510,000; 2022 AED 590,000; 2023 AED 705,000; 2024 AED 830,000; 2025 AED 900,000; 2026 AED 900,000Sold by developer, December 2012: AED 235,858 (AED 346 per sqft)Sold, March 2015: AED 1,000,000 (AED 1,468 per sqft)Sold, September 2021: AED 495,000 (AED 726 per sqft)

304 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 304, each contractTypical one-bed in Marina Diamond Tower 2
40K60K80K2012201620202024Typical rent by year: 2012 AED 52,000; 2013 AED 60,000; 2014 AED 72,000; 2015 AED 75,000; 2016 AED 74,940; 2017 AED 68,000; 2018 AED 60,000; 2019 AED 50,000; 2020 AED 41,000; 2021 AED 40,000; 2022 AED 45,000; 2023 AED 58,000; 2024 AED 70,000; 2025 AED 66,000; 2026 AED 64,000New contract, November 2012: AED 50,000 a yearNew contract, November 2013: AED 70,000 a yearNew contract, July 2015: AED 80,000 a yearRenewal, July 2016: AED 80,000 a yearNew contract, July 2018: AED 58,000 a yearNew contract, November 2020: AED 40,000 a yearNew contract, November 2021: AED 50,000 a yearRenewal, November 2022: AED 57,500 a yearRenewal, November 2023: AED 63,250 a yearRenewal, November 2024: AED 72,750 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Marina Diamond Tower 2, and where 304 sits

All 128 1-beds →

304 last sold in September 2021 at AED 726 per sqft, 7% below what one-beds in Marina Diamond Tower 2 were fetching at the time (AED 780). Over the last 12 months one-beds sold for AED 750,000 to 1,100,000, around AED 1,372 per sqft, and rent for AED 50,000 to 116,500 a year. 304's AED 72,750 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
22 Oct 2026774,230
21 Sep 2026853,000
21 Aug 2026750,000
13 Jul 2026765,000
10 1-bed sales in the last 12 months

Marina Diamond Tower 2

Building

276 apartments, studios to 2-bed over 15 floors in Dubai Marina, completed in 2007 by Diamond Developers. 13 sold in the last 12 months.

Typical price per sqft
AED 1,553 Up 9.6%
Typical sale
AED 853K
Typical rent
AED 64K /yr
Typical yield
7.3%
Marina Diamond Tower 2, Dubai Marina: prices, sales and rents →

Other units on the 3rd floor

All 276 units in Marina Diamond Tower 2
Value
3012-bedAED 1.1M · Aug 2024
302StudioAED 690K · Feb 2014
3032-bedAED 616K · Jan 2011
305StudioAED 630K · Feb 2024
3061-bedAED 850K · May 2023
3071-bedAED 600K · Sep 2013
308StudioAED 423K · Dec 2019
1–7 of 17

304, Marina Diamond Tower 2 in numbers

  • Sold 3 times: first on 30 December 2012 for AED 235,858, last on 6 September 2021 for AED 495,000 (AED 726 per sqft).
  • Rented since November 2012 on 10 Ejari contracts. The rent fell from AED 50,000 to AED 40,000 in 2020 and recovered to AED 72,750 by November 2024.
  • At AED 72,750 a year the gross yield on the 2021 price is 14.7%, before a service charge of about AED 12,500 a year (AED 18.33 per sqft).
  • One-beds in Marina Diamond Tower 2 sold for AED 750,000–1,100,000 in the 12 months to November 2026; the building's median across all types is AED 1,553 per sqft.

Source: Dubai Land Department. Updated 20 November 2024.

Questions about 304, Marina Diamond Tower 2

What did unit 304 last sell for?

AED 495,000 on 6 September 2021: AED 726 per sqft for 681 sqft. The unit has 3 registered sales; the first was AED 235,858 in December 2012.

What is the rent for unit 304?

AED 72,750 a year on the contract renewed on 20 November 2024. The previous contract, from November 2023, was AED 63,250; the unit has been rented since November 2012.

How big is unit 304?

681 sqft (63.3 sqm): a one-bedroom apartment on the 3rd floor of a 15-storey tower completed in 2007.

What is unit 304 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Marina Diamond Tower 2 sold for AED 750,000 to 1,100,000 in the last 12 months, around AED 1,372 per sqft.

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Mortgage on 304, Marina Diamond Tower 2

Starts from the last sale price (AED 495K, 6 September 2021). Switch to today's estimate once you have unlocked it.
Price
AED 495,000
Deposit, UAE resident (20%)
AED 99,000
Deposit, non-resident (40%)
AED 198,000
Monthly over 25 years at 3.7%
AED 2,025

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