Studio · 401 sqftMarina Diamond Tower 2, Dubai Marina · 3rd floor · completed 2007

311, Marina Diamond Tower 2

Sold prices and rental history: sold once, by the developer in June 2008, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 311 · DLD and Ejari recordsUpdated 10 May 2026
Last soldAED 287K18 June 2008
Current rentAED 54K /yr10 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 311, Marina Diamond Tower 2

What is 311 worth today?

Last sold for AED 286,900 in 2008

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10 May 2026RentedNew contract
AED 54,000/yr12 months · AED 135 per sqft
12 Oct 2024RentedNew contract
AED 54,000/yr12 months · AED 135 per sqft
1 Sep 2023RentedRenewal
AED 41,000/yr12 months · AED 103 per sqft
1 Sep 2022RentedNew contract
AED 36,000/yr12 months · AED 90 per sqft
1 Sep 2021RentedRenewal
AED 26,000/yr12 months · AED 65 per sqft
1 Sep 2020RentedNew contract
AED 28,000/yr12 months · AED 70 per sqft
15 Sep 2019RentedNew contract
AED 42,000/yr12 months · AED 105 per sqft
18 Nov 2017RentedNew contract
AED 50,000/yr12 months · AED 126 per sqft

Source: Dubai Land Department. Updated 10 May 2026.

Key facts

Type
Studio apartment
Size
401 sqft
Floor
3rd of 15
Parking
20 G.F
Developer
Diamond Developers
Completed
2007
Service charge
AED 7,300 /yr
Last sold
AED 287K · June 2008

About 311, Marina Diamond Tower 2

311 is a studio of 401 sqft on the 3rd floor of Marina Diamond Tower 2, a 15-storey tower in Dubai Marina completed in 2007 by Diamond Developers. The developer sold it on 18 June 2008 for AED 286,900, or AED 715 per sqft, 6% below the AED 762 studios in the building were fetching at the time.

It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, signed on 10 May 2026, is AED 54,000 a year: a gross yield of 18.8% on the 2008 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 2
400K600K2008201320182023Typical sale price by year: 2008 AED 324,119; 2009 AED 379,328; 2010 AED 401,035; 2011 AED 336,000; 2012 AED 430,000; 2013 AED 520,000; 2014 AED 675,000; 2015 AED 682,500; 2017 AED 650,000; 2018 AED 530,000; 2019 AED 482,500; 2021 AED 390,000; 2022 AED 490,000; 2023 AED 535,000; 2024 AED 650,000; 2025 AED 700,000; 2026 AED 650,000Sold by developer, June 2008: AED 286,900 (AED 715 per sqft)

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

Rents
Unit 311, each contractTypical studio in Marina Diamond Tower 2
20K40K60K2012201620202024Typical rent by year: 2012 AED 41,000; 2013 AED 50,000; 2014 AED 62,000; 2015 AED 63,000; 2016 AED 60,000; 2017 AED 55,000; 2018 AED 48,000; 2019 AED 42,000; 2020 AED 31,000; 2021 AED 31,625; 2022 AED 38,000; 2023 AED 45,540; 2024 AED 55,000; 2025 AED 56,000; 2026 AED 54,000New contract, September 2014: AED 57,000 a yearNew contract, October 2015: AED 61,000 a yearNew contract, November 2017: AED 50,000 a yearNew contract, September 2019: AED 42,000 a yearNew contract, September 2020: AED 28,000 a yearRenewal, September 2021: AED 26,000 a yearNew contract, September 2022: AED 36,000 a yearRenewal, September 2023: AED 41,000 a yearNew contract, October 2024: AED 54,000 a yearNew contract, May 2026: AED 54,000 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 2, and where 311 sits

All 87 studios →

311 last sold in June 2008 at AED 715 per sqft, 6% below what studios in Marina Diamond Tower 2 were fetching at the time (AED 762). Over the last 12 months studios sold for AED 650,000 to 700,000, around AED 1,621 per sqft, and rent for AED 44,000 to 70,000 a year. 311's AED 54,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
6 Oct 2026650,000
11 Mar 2026700,000
6 Jan 2026650,000
30 Jul 2025700,000
3 studio 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
3071-bedAED 600K · Sep 2013
1–7 of 17

311, Marina Diamond Tower 2 in numbers

  • Sold once: by Diamond Developers on 18 June 2008 for AED 286,900, or AED 715 per sqft.
  • Rented since September 2014 on 10 Ejari contracts. The rent fell from AED 57,000 to AED 26,000 in 2021 and recovered to AED 54,000 by May 2026.
  • At AED 54,000 a year the gross yield on the 2008 price is 18.8%, before a service charge of about AED 7,300 a year (AED 18.33 per sqft).
  • Studios in Marina Diamond Tower 2 sold for AED 650,000–700,000 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 10 May 2026.

Questions about 311, Marina Diamond Tower 2

What did unit 311 last sell for?

AED 286,900 on 18 June 2008, sold by the developer: AED 715 per sqft for 401 sqft. It is the only registered sale of the unit.

What is the rent for unit 311?

AED 54,000 a year on the contract signed on 10 May 2026. The previous contract, from October 2024, was AED 54,000; the unit has been rented since September 2014.

How big is unit 311?

401 sqft (37.3 sqm): a studio on the 3rd floor of a 15-storey tower completed in 2007.

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 2 sold for AED 650,000 to 700,000 in the last 12 months, around AED 1,621 per sqft.

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Mortgage on 311, Marina Diamond Tower 2

Starts from the last sale price (AED 287K, 18 June 2008). Switch to today's estimate once you have unlocked it.
Price
AED 286,900
Deposit, UAE resident (20%)
AED 57,380
Deposit, non-resident (40%)
AED 114,760
Monthly over 25 years at 3.7%
AED 1,174

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