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1-bed · 666 sqftMarina Diamond Tower 2, Dubai Marina · 3rd floor · completed 2007

318, Marina Diamond Tower 2

Sold prices and rental history: sold 5 times, last in August 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 318 · DLD and Ejari recordsUpdated 30 August 2024
Last soldAED 840K30 August 2024
Current rentAED 75K /yr22 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 318, Marina Diamond Tower 2

What is 318 worth today?

Last sold for AED 840,000 in 2024

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30 Aug 2024SoldReady
AED 840,000AED 1,261 per sqft
22 Apr 2024RentedNew contract
AED 75,000/yr12 months · AED 113 per sqft
22 Apr 2024RentedNew contract
AED 75,000/yr12 months · AED 113 per sqft
23 Jul 2023RentedNew contract
AED 57,000/yr9 months · AED 85 per sqft
23 Jul 2023RentedRenewal
AED 57,500/yr12 months · AED 86 per sqft
23 Jul 2022RentedNew contract
AED 52,000/yr12 months · AED 78 per sqft
23 Jul 2022RentedNew contract
AED 50,000/yr12 months · AED 75 per sqft
30 Jun 2022SoldReady
AED 650,000AED 976 per sqft

Source: Dubai Land Department. Updated 30 August 2024.

Key facts

Type
1-bed apartment
Size
666 sqft
Floor
3rd of 15
Parking
34 B2
Developer
Diamond Developers
Completed
2007
Service charge
AED 12,200 /yr
Last sold
AED 840K · August 2024
Building
Marina Diamond Tower 2

About 318, Marina Diamond Tower 2

318 is a one-bedroom apartment of 666 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 30 August 2024 for AED 840,000, or AED 1,261 per sqft, 4% above the AED 1,212 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 8 Ejari contracts. The current contract, signed on 22 April 2024, is AED 75,000 a year: a gross yield of 8.9% on the 2024 price, before the service charge of about AED 12,200 a year.

Sales and rents for 318 over time

Sales
Unit 318, 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, October 2008: AED 436,763 (AED 655 per sqft)Sold, October 2020: AED 475,000 (AED 713 per sqft)Sold, October 2021: AED 480,000 (AED 720 per sqft)Sold, June 2022: AED 650,000 (AED 976 per sqft)Sold, August 2024: AED 840,000 (AED 1,261 per sqft)

318 has sold 5 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 318, each contractTypical one-bed in Marina Diamond Tower 2
25K50K75K2012201620202024Typical 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, December 2020: AED 30,500 a yearNew contract, September 2021: AED 60,000 a yearNew contract, July 2022: AED 52,000 a yearNew contract, July 2022: AED 50,000 a yearNew contract, July 2023: AED 57,000 a yearRenewal, July 2023: AED 57,500 a yearNew contract, April 2024: AED 75,000 a yearNew contract, April 2024: AED 75,000 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 318 sits

All 128 1-beds →

318 last sold in August 2024 at AED 1,261 per sqft, 4% above what one-beds in Marina Diamond Tower 2 were fetching at the time (AED 1,212). 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. 318's AED 75,000 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
3071-bedAED 600K · Sep 2013
1–7 of 17

318, Marina Diamond Tower 2 in numbers

  • Sold 5 times: first on 7 October 2008 for AED 436,763, last on 30 August 2024 for AED 840,000 (AED 1,261 per sqft).
  • Rented since December 2020 on 8 Ejari contracts, from AED 30,500 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2024 price is 8.9%, before a service charge of about AED 12,200 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 30 August 2024.

Questions about 318, Marina Diamond Tower 2

What did unit 318 last sell for?

AED 840,000 on 30 August 2024: AED 1,261 per sqft for 666 sqft. The unit has 5 registered sales; the first was AED 436,763 in October 2008.

What is the rent for unit 318?

AED 75,000 a year on the contract signed on 22 April 2024. The previous contract, from April 2024, was AED 75,000; the unit has been rented since December 2020.

How big is unit 318?

666 sqft (61.9 sqm): a one-bedroom apartment on the 3rd floor of a 15-storey tower completed in 2007.

What is unit 318 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 318, Marina Diamond Tower 2

Starts from the last sale price (AED 840K, 30 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 840,000
Deposit, UAE resident (20%)
AED 168,000
Deposit, non-resident (40%)
AED 336,000
Monthly over 25 years at 3.7%
AED 3,437

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