1-bed · 727 sqftMarina Diamond Tower 3, Dubai Marina · 12th floor · completed 2007

1212, Marina Diamond Tower 3

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

Unit 1212 · DLD and Ejari recordsUpdated 31 August 2018
Last soldAED 521K9 October 2008
Current rentAED 63K /yr31 August 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1212, Marina Diamond Tower 3

What is 1212 worth today?

Last sold for AED 521,441 in 2008

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31 Aug 2018RentedNew contract
AED 63,000/yr12 months · AED 86 per sqft
31 Aug 2016RentedNew contract
AED 75,000/yr12 months · AED 102 per sqft
21 Jun 2014RentedNew contract
AED 82,500/yr12 months · AED 113 per sqft
9 Oct 2008Sold by developerReady
AED 521,441AED 717 per sqft

Source: Dubai Land Department. Updated 31 August 2018.

Key facts

Type
1-bed apartment
Size
727 sqft
Floor
12th of 14
Parking
44 B1
Developer
Diamond Developers
Completed
2007
Service charge
AED 13,500 /yr
Last sold
AED 521K · October 2008

About 1212, Marina Diamond Tower 3

1212 is a one-bedroom apartment of 727 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 9 October 2008 for AED 521,441, or AED 717 per sqft, in line with the AED 722 one-beds in the building were fetching at the time.

It has been rented since 2014 on 3 Ejari contracts. The current contract, signed on 31 August 2018, is AED 63,000 a year: a gross yield of 12.1% on the 2008 price, before the service charge of about AED 13,500 a year.

Sales and rents for 1212 over time

Sales
Unit 1212, each saleTypical one-bed in Marina Diamond Tower 3
500K750K1M2008201320182023Typical sale price by year: 2008 AED 517,988; 2009 AED 530,710; 2010 AED 557,500; 2011 AED 500,000; 2012 AED 516,925; 2013 AED 560,474; 2014 AED 972,500; 2015 AED 800,000; 2016 AED 900,000; 2017 AED 880,000; 2020 AED 580,000; 2021 AED 550,000; 2022 AED 672,500; 2023 AED 717,250; 2024 AED 885,000; 2025 AED 910,000; 2026 AED 913,180Sold by developer, October 2008: AED 521,441 (AED 717 per sqft)

1212 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1212, each contractTypical one-bed in Marina Diamond Tower 3
40K60K80K2012201620202024Typical rent by year: 2012 AED 50,000; 2013 AED 65,000; 2014 AED 75,000; 2015 AED 79,000; 2016 AED 77,398; 2017 AED 70,000; 2018 AED 65,000; 2019 AED 57,000; 2020 AED 46,000; 2021 AED 44,000; 2022 AED 50,000; 2023 AED 60,000; 2024 AED 71,000; 2025 AED 75,000; 2026 AED 71,000New contract, June 2014: AED 82,500 a yearNew contract, August 2016: AED 75,000 a yearNew contract, August 2018: AED 63,000 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 3, and where 1212 sits

All 84 1-beds →

1212 last sold in October 2008 at AED 717 per sqft, in line with what one-beds in Marina Diamond Tower 3 were fetching at the time (AED 722). Over the last 12 months one-beds sold for AED 760,000 to 1,021,700, around AED 1,323 per sqft, and rent for AED 55,000 to 190,521 a year. 1212's AED 63,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
7 Aug 2026760,000
10 Jul 2026815,000
18 Jun 20261,011,360
10 Apr 20261,021,700
6 1-bed sales 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 12th floor

All 203 units in Marina Diamond Tower 3
Value
12012-bedAED 868K · Aug 2008
12022-bedAED 990K · Feb 2023
1203StudioAED 724K · Nov 2013
1204StudioAED 555K · Jun 2023
1205StudioAED 630K · Nov 2023
1206StudioAED 347K · Aug 2008
1207StudioAED 381K · Sep 2012
1–7 of 13

1212, Marina Diamond Tower 3 in numbers

  • Sold once: by Diamond Developers on 9 October 2008 for AED 521,441, or AED 717 per sqft.
  • Rented since June 2014 on 3 Ejari contracts, from AED 82,500 to AED 63,000 a year.
  • At AED 63,000 a year the gross yield on the 2008 price is 12.1%, before a service charge of about AED 13,500 a year (AED 18.60 per sqft).
  • One-beds in Marina Diamond Tower 3 sold for AED 760,000–1,021,700 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 31 August 2018.

Questions about 1212, Marina Diamond Tower 3

What did unit 1212 last sell for?

AED 521,441 on 9 October 2008, sold by the developer: AED 717 per sqft for 727 sqft. It is the only registered sale of the unit.

What is the rent for unit 1212?

AED 63,000 a year on the contract signed on 31 August 2018. The previous contract, from August 2016, was AED 75,000; the unit has been rented since June 2014.

How big is unit 1212?

727 sqft (67.5 sqm): a one-bedroom apartment on the 12th floor of a 14-storey tower completed in 2007.

What is unit 1212 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 3 sold for AED 760,000 to 1,021,700 in the last 12 months, around AED 1,323 per sqft.

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Mortgage on 1212, Marina Diamond Tower 3

Starts from the last sale price (AED 521K, 9 October 2008). Switch to today's estimate once you have unlocked it.
Price
AED 521,441
Deposit, UAE resident (20%)
AED 104,288
Deposit, non-resident (40%)
AED 208,576
Monthly over 25 years at 3.7%
AED 2,133

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