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1-bed · 572 sqftMarina Diamond Tower 2, Dubai Marina · 3rd floor · completed 2007

307, Marina Diamond Tower 2

Sold prices and rental history: sold twice, last in September 2013, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 307 · DLD and Ejari recordsUpdated 25 September 2024
Last soldAED 600K24 September 2013
Current rentAED 70K /yr25 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 307, Marina Diamond Tower 2

What is 307 worth today?

Last sold for AED 600,000 in 2013

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25 Sep 2024RentedNew contract
AED 70,000/yr12 months · AED 122 per sqft
25 Sep 2024RentedNew contract
AED 70,000/yr12 months · AED 122 per sqft
21 Mar 2024RentedNew contract
AED 72,000/yr12 months · AED 126 per sqft
15 Aug 2023RentedRenewal
AED 57,500/yr12 months · AED 101 per sqft
15 Aug 2022RentedNew contract
AED 50,000/yr12 months · AED 87 per sqft
14 May 2020RentedNew contract
AED 42,000/yr12 months · AED 74 per sqft
16 Oct 2019RentedRenewal
AED 53,000/yr12 months · AED 93 per sqft
16 Oct 2018RentedNew contract
AED 55,000/yr12 months · AED 96 per sqft

Source: Dubai Land Department. Updated 25 September 2024.

Key facts

Type
1-bed apartment
Size
572 sqft
Floor
3rd of 15
Parking
29 B2
Developer
Diamond Developers
Completed
2007
Service charge
AED 10,500 /yr
Last sold
AED 600K · September 2013
Building
Marina Diamond Tower 2

About 307, Marina Diamond Tower 2

307 is a one-bedroom apartment of 572 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 24 September 2013 for AED 600,000, or AED 1,048 per sqft, 10% above the AED 949 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 13 Ejari contracts. The current contract, signed on 25 September 2024, is AED 70,000 a year: a gross yield of 11.7% on the 2013 price, before the service charge of about AED 10,500 a year.

Sales and rents for 307 over time

Sales
Unit 307, each saleTypical one-bed in Marina Diamond Tower 2
500K750K2008201320182023Typical 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, August 2008: AED 407,220 (AED 711 per sqft)Sold, September 2013: AED 600,000 (AED 1,048 per sqft)

307 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 307, 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, October 2013: AED 65,000 a yearNew contract, October 2014: AED 72,000 a yearRenewal, October 2015: AED 72,000 a yearRenewal, October 2016: AED 72,000 a yearRenewal, October 2017: AED 72,000 a yearNew contract, October 2018: AED 55,000 a yearRenewal, October 2019: AED 53,000 a yearNew contract, May 2020: AED 42,000 a yearNew contract, August 2022: AED 50,000 a yearRenewal, August 2023: AED 57,500 a yearNew contract, March 2024: AED 72,000 a yearNew contract, September 2024: AED 70,000 a yearNew contract, September 2024: AED 70,000 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 307 sits

All 128 1-beds →

307 last sold in September 2013 at AED 1,048 per sqft, 10% above what one-beds in Marina Diamond Tower 2 were fetching at the time (AED 949). 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. 307's AED 70,000 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
3041-bedAED 495K · Sep 2021
305StudioAED 630K · Feb 2024
3061-bedAED 850K · May 2023
308StudioAED 423K · Dec 2019
1–7 of 17

307, Marina Diamond Tower 2 in numbers

  • Sold twice: first on 27 August 2008 for AED 407,220, last on 24 September 2013 for AED 600,000 (AED 1,048 per sqft).
  • Rented since October 2013 on 13 Ejari contracts. The rent fell from AED 65,000 to AED 42,000 in 2020 and recovered to AED 70,000 by September 2024.
  • At AED 70,000 a year the gross yield on the 2013 price is 11.7%, before a service charge of about AED 10,500 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 25 September 2024.

Questions about 307, Marina Diamond Tower 2

What did unit 307 last sell for?

AED 600,000 on 24 September 2013: AED 1,048 per sqft for 572 sqft. The unit has 2 registered sales; the first was AED 407,220 in August 2008.

What is the rent for unit 307?

AED 70,000 a year on the contract signed on 25 September 2024. The previous contract, from September 2024, was AED 70,000; the unit has been rented since October 2013.

How big is unit 307?

572 sqft (53.1 sqm): a one-bedroom apartment on the 3rd floor of a 15-storey tower completed in 2007.

What is unit 307 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 307, Marina Diamond Tower 2

Starts from the last sale price (AED 600K, 24 September 2013). Switch to today's estimate once you have unlocked it.
Price
AED 600,000
Deposit, UAE resident (20%)
AED 120,000
Deposit, non-resident (40%)
AED 240,000
Monthly over 25 years at 3.7%
AED 2,455

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