2-bed · 1,009 sqftMarina Diamond Tower 3, Dubai Marina · 13th floor · completed 2007

1302, Marina Diamond Tower 3

Sold prices and rental history: sold 3 times, last in December 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1302 · DLD and Ejari recordsUpdated 30 January 2024
Last soldAED 1.22M26 December 2023
Current rentAED 130K /yr30 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1302, Marina Diamond Tower 3

What is 1302 worth today?

Last sold for AED 1,215,000 in 2023

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30 Jan 2024RentedNew contract
AED 130,000/yr12 months · AED 130 per sqft
30 Jan 2024RentedNew contract
AED 130,000/yr12 months · AED 130 per sqft
26 Dec 2023SoldReady
AED 1,215,000AED 1,204 per sqft
23 Jun 2023RentedRenewal
AED 97,000/yr12 months · AED 96 per sqft
23 Jun 2022RentedRenewal
AED 90,000/yr12 months · AED 89 per sqft
23 Jun 2021RentedNew contract
AED 83,000/yr12 months · AED 82 per sqft
23 Jun 2020RentedNew contract
AED 87,000/yr12 months · AED 86 per sqft
16 Aug 2018RentedNew contract
AED 95,000/yr12 months · AED 94 per sqft

Source: Dubai Land Department. Updated 30 January 2024.

Key facts

Type
2-bed apartment
Size
1,009 sqft
Floor
13th of 14
Parking
04 B1
Developer
Diamond Developers
Completed
2007
Service charge
AED 18,800 /yr
Last sold
AED 1.22M · December 2023

About 1302, Marina Diamond Tower 3

1302 is a two-bedroom apartment of 1,009 sqft on the 13th floor of Marina Diamond Tower 3, a 14-storey tower in Dubai Marina completed in 2007 by Diamond Developers. It last sold on 26 December 2023 for AED 1,215,000, or AED 1,204 per sqft, in line with the AED 1,197 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, signed on 30 January 2024, is AED 130,000 a year: a gross yield of 10.7% on the 2023 price, before the service charge of about AED 18,800 a year.

Sales and rents for 1302 over time

Sales
Unit 1302, each saleTypical two-bed in Marina Diamond Tower 3
800K1M1.2M2008201320182023Typical 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, July 2008: AED 892,041 (AED 884 per sqft)Sold, January 2018: AED 1,100,000 (AED 1,090 per sqft)Sold, December 2023: AED 1,215,000 (AED 1,204 per sqft)

1302 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1302, each contractTypical two-bed in Marina Diamond Tower 3
50K100K2012201620202024Typical 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, July 2017: AED 105,000 a yearNew contract, August 2018: AED 95,000 a yearNew contract, June 2020: AED 87,000 a yearNew contract, June 2021: AED 83,000 a yearRenewal, June 2022: AED 90,000 a yearRenewal, June 2023: AED 97,000 a yearNew contract, January 2024: AED 130,000 a yearNew contract, January 2024: AED 130,000 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 1302 sits

All 28 2-beds →

1302 last sold in December 2023 at AED 1,204 per sqft, in line with what two-beds in Marina Diamond Tower 3 were fetching at the time (AED 1,197). 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. 1302's AED 130,000 is at the top 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
14 Dec 20231,300,000
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 13th floor

All 203 units in Marina Diamond Tower 3
Value
13012-bedAED 920K · Oct 2013
1303StudioAED 398K · Jul 2010
1304StudioAED 475K · Jul 2022
1305StudioAED 349K · Aug 2008
1306StudioAED 367K · Oct 2019
1307StudioAED 480K · Mar 2022
1308StudioAED 570K · Mar 2013
1–7 of 13

1302, Marina Diamond Tower 3 in numbers

  • Sold 3 times: first on 21 July 2008 for AED 892,041, last on 26 December 2023 for AED 1,215,000 (AED 1,204 per sqft).
  • Rented since July 2017 on 8 Ejari contracts. The rent fell from AED 105,000 to AED 83,000 in 2021 and recovered to AED 130,000 by January 2024.
  • At AED 130,000 a year the gross yield on the 2023 price is 10.7%, 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 30 January 2024.

Questions about 1302, Marina Diamond Tower 3

What did unit 1302 last sell for?

AED 1,215,000 on 26 December 2023: AED 1,204 per sqft for 1,009 sqft. The unit has 3 registered sales; the first was AED 892,041 in July 2008.

What is the rent for unit 1302?

AED 130,000 a year on the contract signed on 30 January 2024. The previous contract, from January 2024, was AED 130,000; the unit has been rented since July 2017.

How big is unit 1302?

1,009 sqft (93.7 sqm): a two-bedroom apartment on the 13th floor of a 14-storey tower completed in 2007.

What is unit 1302 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 1302, Marina Diamond Tower 3

Starts from the last sale price (AED 1.22M, 26 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,215,000
Deposit, UAE resident (20%)
AED 243,000
Deposit, non-resident (40%)
AED 486,000
Monthly over 25 years at 3.7%
AED 4,971

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