1202, Marina Diamond Tower 3
Sold prices and rental history: sold 3 times, last in February 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1202, Marina Diamond Tower 3
What is 1202 worth today?
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Source: Dubai Land Department. Updated 14 February 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,009 sqft
- Floor
- 12th of 14
- Parking
- 06 B1
- Developer
- Diamond Developers
- Completed
- 2007
- Service charge
- AED 18,800 /yr
- Last sold
- AED 990K · February 2023
- Building
- Marina Diamond Tower 3
About 1202, Marina Diamond Tower 3
1202 is a two-bedroom apartment of 1,009 sqft on the 12th floor of Marina Diamond Tower 3, a 14-storey tower in Dubai Marina completed in 2007 by Diamond Developers. It last sold on 6 February 2023 for AED 990,000, or AED 981 per sqft, in line with the AED 981 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 14 February 2023, is AED 74,400 a year: a gross yield of 7.5% on the 2023 price, before the service charge of about AED 18,800 a year.
Sales and rents for 1202 over time
1202 has sold 3 times; the dashed line is the two-bed median of each year in the building.
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 1202 sits
All 28 2-beds →1202 last sold in February 2023 at AED 981 per sqft, in line with what two-beds in Marina Diamond Tower 3 were fetching at the time (AED 981). 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. 1202's AED 74,400 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Feb 202627 February 2026 | 1,009 sqft | 1,600,000 | 1,585 | ||
| 22 Oct 202522 October 2025 | 1,009 sqft | 1,400,000 | 1,387 | ||
| 26 Jun 202526 June 2025 | 1,009 sqft | 1,450,000 | 1,437 | ||
| 26 Dec 202326 December 2023 | 1,009 sqft | 1,215,000 | 1,204 |
Marina Diamond Tower 3
Building203 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%
Other units on the 12th floor
All 203 units in Marina Diamond Tower 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | 2-bed | 1,009 sqft | AED 868KAED 867,963 · Aug 2008August 2008 | ||
| 1203 | Studio | 429 sqft | AED 724KAED 724,000 · Nov 2013November 2013 | 60,000 /yr | |
| 1204 | Studio | 446 sqft | AED 555KAED 555,000 · Jun 2023June 2023 | 50,000 /yr | |
| 1205 | Studio | 427 sqft | AED 630KAED 630,000 · Nov 2023November 2023 | 69,000 /yr | |
| 1206 | Studio | 427 sqft | AED 347KAED 346,831 · Aug 2008August 2008 | 50,000 /yr | |
| 1207 | Studio | 446 sqft | AED 381KAED 381,330 · Sep 2012September 2012 | 45,000 /yr | |
| 1208 | Studio | 429 sqft | AED 405KAED 404,942 · Dec 2012December 2012 | 51,000 /yr | |
| 1209 | 1-bed | 683 sqft | AED 503KAED 502,859 · Mar 2010March 2010 | 67,500 /yr | |
| 1210 | 1-bed | 624 sqft | AED 630KAED 630,000 · Feb 2010February 2010 | 80,000 /yr | |
| 1211 | 1-bed | 683 sqft | AED 725KAED 725,000 · Dec 2021December 2021 | 60,000 /yr | |
| 1212 | 1-bed | 727 sqft | AED 521KAED 521,441 · Oct 2008October 2008 | 63,000 /yr | |
| 1213 | 1-bed | 737 sqft | AED 529KAED 528,613 · Oct 2008October 2008 | 85,000 /yr | |
| 1214 | 1-bed | 727 sqft | AED 620KAED 620,000 · May 2020May 2020 | 55,000 /yr |
1202, Marina Diamond Tower 3 in numbers
- Sold 3 times: first on 25 November 2008 for AED 913,646, last on 6 February 2023 for AED 990,000 (AED 981 per sqft).
- Rented since December 2013 on 8 Ejari contracts. The rent fell from AED 120,000 to AED 52,000 in 2020 and recovered to AED 74,400 by February 2023.
- At AED 74,400 a year the gross yield on the 2023 price is 7.5%, 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 14 February 2023.
Questions about 1202, Marina Diamond Tower 3
What did unit 1202 last sell for?
AED 990,000 on 6 February 2023: AED 981 per sqft for 1,009 sqft. The unit has 3 registered sales; the first was AED 913,646 in November 2008.
What is the rent for unit 1202?
AED 74,400 a year on the contract signed on 14 February 2023. The previous contract, from February 2022, was AED 62,000; the unit has been rented since December 2013.
How big is unit 1202?
1,009 sqft (93.7 sqm): a two-bedroom apartment on the 12th floor of a 14-storey tower completed in 2007.
What is unit 1202 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 1202, Marina Diamond Tower 3
Starts from the last sale price (AED 990K, 6 February 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 990,000
- Deposit, UAE resident (20%)
- AED 198,000
- Deposit, non-resident (40%)
- AED 396,000
- Monthly over 25 years at 3.7%
- AED 4,050
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →