1206, Marina Diamond Tower 3
Sold prices and rental history: sold once, by the developer in August 2008, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1206, Marina Diamond Tower 3
What is 1206 worth today?
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Source: Dubai Land Department. Updated 15 September 2024.
Key facts
- Type
- Studio apartment
- Size
- 427 sqft
- Floor
- 12th of 14
- Parking
- 30 B2
- Developer
- Diamond Developers
- Completed
- 2007
- Service charge
- AED 7,900 /yr
- Last sold
- AED 347K · August 2008
- Building
- Marina Diamond Tower 3
About 1206, Marina Diamond Tower 3
1206 is a studio of 427 sqft on the 12th floor of Marina Diamond Tower 3, a 14-storey tower in Dubai Marina completed in 2007 by Diamond Developers. The developer sold it on 11 August 2008 for AED 346,831, or AED 812 per sqft, in line with the AED 820 studios in the building were fetching at the time.
It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, renewed on 15 September 2024, is AED 50,000 a year: a gross yield of 14.4% on the 2008 price, before the service charge of about AED 7,900 a year.
Sales and rents for 1206 over time
1206 has sold once; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Marina Diamond Tower 3, and where 1206 sits
All 90 studios →1206 last sold in August 2008 at AED 812 per sqft, in line with what studios in Marina Diamond Tower 3 were fetching at the time (AED 820). Over the last 12 months studios sold for AED 725,000 to 790,000, around AED 1,731 per sqft, and rent for AED 45,000 to 75,000 a year. 1206's AED 50,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 1 Oct 20261 October 2026 | 446 sqft | 725,000 | 1,625 | ||
| 7 Jul 20267 July 2026 | 446 sqft | 775,000 | 1,737 | ||
| 24 Mar 202624 March 2026 | 427 sqft | 765,000 | 1,791 | ||
| 29 Dec 202529 December 2025 | 427 sqft | 790,000 | 1,850 |
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 | ||
| 1202 | 2-bed | 1,009 sqft | AED 990KAED 990,000 · Feb 2023February 2023 | 74,400 /yr | |
| 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 | |
| 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 |
1206, Marina Diamond Tower 3 in numbers
- Sold once: by Diamond Developers on 11 August 2008 for AED 346,831, or AED 812 per sqft.
- Rented since September 2014 on 7 Ejari contracts. The rent fell from AED 64,000 to AED 32,000 in 2021 and recovered to AED 50,000 by September 2024.
- At AED 50,000 a year the gross yield on the 2008 price is 14.4%, before a service charge of about AED 7,900 a year (AED 18.60 per sqft).
- Studios in Marina Diamond Tower 3 sold for AED 725,000–790,000 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 15 September 2024.
Questions about 1206, Marina Diamond Tower 3
What did unit 1206 last sell for?
AED 346,831 on 11 August 2008, sold by the developer: AED 812 per sqft for 427 sqft. It is the only registered sale of the unit.
What is the rent for unit 1206?
AED 50,000 a year on the contract renewed on 15 September 2024. The previous contract, from September 2023, was AED 44,000; the unit has been rented since September 2014.
How big is unit 1206?
427 sqft (39.7 sqm): a studio on the 12th floor of a 14-storey tower completed in 2007.
What is unit 1206 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 3 sold for AED 725,000 to 790,000 in the last 12 months, around AED 1,731 per sqft.
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Mortgage on 1206, Marina Diamond Tower 3
Starts from the last sale price (AED 347K, 11 August 2008). Switch to today's estimate once you have unlocked it.- Price
- AED 346,831
- Deposit, UAE resident (20%)
- AED 69,366
- Deposit, non-resident (40%)
- AED 138,732
- Monthly over 25 years at 3.7%
- AED 1,419
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →