2-bed · 1,009 sqftMarina Diamond Tower 3, Dubai Marina · 10th floor · completed 2007

1001, Marina Diamond Tower 3

Sold prices and rental history: sold 3 times, last in January 2022, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1001 · DLD and Ejari recordsUpdated 25 January 2022
Last soldAED 1.1M25 January 2022
Current rentAED 85K /yr10 December 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1001, Marina Diamond Tower 3

What is 1001 worth today?

Last sold for AED 1,100,000 in 2022

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25 Jan 2022SoldReady
AED 1,100,000AED 1,090 per sqft
10 Dec 2018RentedRenewal
AED 85,000/yr12 months · AED 84 per sqft
10 Dec 2017RentedNew contract
AED 83,000/yr12 months · AED 82 per sqft
6 Nov 2016RentedNew contract
AED 100,000/yr12 months · AED 99 per sqft
17 Jun 2008SoldReady
AED 750,000AED 743 per sqft
28 May 2008Sold by developerReady
AED 901,677AED 893 per sqft

Source: Dubai Land Department. Updated 25 January 2022.

Key facts

Type
2-bed apartment
Size
1,009 sqft
Floor
10th of 14
Parking
09 B1
Developer
Diamond Developers
Completed
2007
Service charge
AED 18,800 /yr
Last sold
AED 1.1M · January 2022

About 1001, Marina Diamond Tower 3

1001 is a two-bedroom apartment of 1,009 sqft on the 10th floor of Marina Diamond Tower 3, a 14-storey tower in Dubai Marina completed in 2007 by Diamond Developers. It last sold on 25 January 2022 for AED 1,100,000, or AED 1,090 per sqft, 16% above the AED 941 two-beds in the building were fetching at the time.

It has been rented since 2016 on 3 Ejari contracts. The current contract, renewed on 10 December 2018, is AED 85,000 a year: a gross yield of 7.7% on the 2022 price, before the service charge of about AED 18,800 a year.

Sales and rents for 1001 over time

Sales
Unit 1001, each saleTypical two-bed in Marina Diamond Tower 3
750K1M1.25M20082012201620202024Typical sale price by year: 2008 AED 893,867; 2009 AED 892,518; 2011 AED 780,000; 2012 AED 866,704; 2013 AED 919,630; 2018 AED 1,075,000; 2023 AED 1,207,500Sold by developer, May 2008: AED 901,677 (AED 893 per sqft)Sold, June 2008: AED 750,000 (AED 743 per sqft)Sold, January 2022: AED 1,100,000 (AED 1,090 per sqft)

1001 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1001, each contractTypical two-bed in Marina Diamond Tower 3
75K100K2012201620202024Typical rent by year: 2012 AED 80,000; 2013 AED 90,000; 2014 AED 105,000; 2015 AED 115,000; 2016 AED 110,000; 2017 AED 90,000; 2018 AED 83,500; 2019 AED 73,000; 2020 AED 62,000; 2021 AED 60,000; 2022 AED 76,000; 2023 AED 87,000; 2024 AED 97,000; 2025 AED 100,000; 2026 AED 100,000New contract, November 2016: AED 100,000 a yearNew contract, December 2017: AED 83,000 a yearRenewal, December 2018: AED 85,000 a year

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

2-beds in Marina Diamond Tower 3, and where 1001 sits

All 28 2-beds →

1001 last sold in January 2022 at AED 1,090 per sqft, 16% above what two-beds in Marina Diamond Tower 3 were fetching at the time (AED 941). Over the last 12 months two-beds sold for AED 1,600,000, around AED 1,585 per sqft, and rent for AED 82,556 to 113,850 a year. 1001's AED 85,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
27 Feb 20261,600,000
22 Oct 20251,400,000
26 Jun 20251,450,000
26 Dec 20231,215,000
1 2-bed sale in the last 12 months

Marina Diamond Tower 3

Building

203 apartments, studios to 2-bed over 14 floors in Dubai Marina, completed in 2007 by Diamond Developers. 13 sold in the last 12 months.

Typical price per sqft
AED 1,442 Down 0.4%
Typical sale
AED 790K
Typical rent
AED 65K /yr
Typical yield
7.9%
Marina Diamond Tower 3, Dubai Marina: prices, sales and rents →

Other units on the 10th floor

All 203 units in Marina Diamond Tower 3
Value
10022-bedAED 1.28M · Aug 2017
1003StudioAED 700K · Jun 2016
1004StudioAED 500K · Sep 2016
1005StudioAED 361K · Jul 2008
1006StudioAED 354K · Apr 2009
1007StudioAED 369K · Apr 2009
1008StudioAED 550K · Nov 2015
1–7 of 13

1001, Marina Diamond Tower 3 in numbers

  • Sold 3 times: first on 28 May 2008 for AED 901,677, last on 25 January 2022 for AED 1,100,000 (AED 1,090 per sqft).
  • Rented since November 2016 on 3 Ejari contracts, from AED 100,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2022 price is 7.7%, before a service charge of about AED 18,800 a year (AED 18.60 per sqft).
  • Two-beds in Marina Diamond Tower 3 sold for AED 1,600,000–1,600,000 in the 12 months to November 2026; the building's median across all types is AED 1,442 per sqft.

Source: Dubai Land Department. Updated 25 January 2022.

Questions about 1001, Marina Diamond Tower 3

What did unit 1001 last sell for?

AED 1,100,000 on 25 January 2022: AED 1,090 per sqft for 1,009 sqft. The unit has 3 registered sales; the first was AED 901,677 in May 2008.

What is the rent for unit 1001?

AED 85,000 a year on the contract renewed on 10 December 2018. The previous contract, from December 2017, was AED 83,000; the unit has been rented since November 2016.

How big is unit 1001?

1,009 sqft (93.7 sqm): a two-bedroom apartment on the 10th floor of a 14-storey tower completed in 2007.

What is unit 1001 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Marina Diamond Tower 3 sold for AED 1,600,000 to 1,600,000 in the last 12 months, around AED 1,585 per sqft.

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Mortgage on 1001, Marina Diamond Tower 3

Starts from the last sale price (AED 1.1M, 25 January 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,100,000
Deposit, UAE resident (20%)
AED 220,000
Deposit, non-resident (40%)
AED 440,000
Monthly over 25 years at 3.7%
AED 4,500

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