Studio · 427 sqftMarina Diamond Tower 3, Dubai Marina · 13th floor · completed 2007

1305, Marina Diamond Tower 3

Sold prices and rental history: sold once, by the developer in August 2008, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1305 · DLD and Ejari recordsUpdated 1 June 2019
Last soldAED 349K31 August 2008
Current rentAED 48K /yr1 June 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1305, Marina Diamond Tower 3

What is 1305 worth today?

Last sold for AED 348,859 in 2008

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Jun 2019RentedNew contract
AED 48,000/yr12 months · AED 111 per sqft
21 Oct 2017RentedNew contract
AED 62,273/yr20 months · AED 145 per sqft
25 Aug 2017RentedNew contract
AED 58,125/yr12 months · AED 135 per sqft
31 Aug 2008Sold by developerReady
AED 348,859AED 816 per sqft

Source: Dubai Land Department. Updated 1 June 2019.

Key facts

Type
Studio apartment
Size
427 sqft
Floor
13th of 14
Parking
23 B2
Developer
Diamond Developers
Completed
2007
Service charge
AED 7,900 /yr
Last sold
AED 349K · August 2008

About 1305, Marina Diamond Tower 3

1305 is a studio of 427 sqft on the 13th floor of Marina Diamond Tower 3, a 14-storey tower in Dubai Marina completed in 2007 by Diamond Developers. The developer sold it on 31 August 2008 for AED 348,859, or AED 816 per sqft, in line with the AED 818 studios in the building were fetching at the time.

It has been rented since 2017 on 3 Ejari contracts. The current contract, signed on 1 June 2019, is AED 48,000 a year: a gross yield of 13.8% on the 2008 price, before the service charge of about AED 7,900 a year.

Sales and rents for 1305 over time

Sales
Unit 1305, each saleTypical studio in Marina Diamond Tower 3
400K600K800K2008201320182023Typical sale price by year: 2008 AED 362,141; 2009 AED 369,914; 2010 AED 399,100; 2011 AED 400,000; 2012 AED 415,971; 2013 AED 545,000; 2014 AED 720,000; 2015 AED 625,000; 2016 AED 660,000; 2017 AED 722,500; 2018 AED 500,000; 2019 AED 522,500; 2021 AED 440,000; 2022 AED 480,000; 2023 AED 567,500; 2024 AED 675,000; 2025 AED 757,500; 2026 AED 765,000Sold by developer, August 2008: AED 348,859 (AED 816 per sqft)

1305 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1305, each contractTypical studio in Marina Diamond Tower 3
40K60K20112015201920232027Typical rent by year: 2011 AED 34,000; 2012 AED 43,000; 2013 AED 52,250; 2014 AED 60,000; 2015 AED 64,000; 2016 AED 63,000; 2017 AED 58,000; 2018 AED 52,000; 2019 AED 45,000; 2020 AED 36,000; 2021 AED 34,000; 2022 AED 40,000; 2023 AED 48,000; 2024 AED 56,000; 2025 AED 60,000; 2026 AED 57,000New contract, August 2017: AED 58,125 a yearNew contract, October 2017: AED 62,273 a yearNew contract, June 2019: AED 48,000 a year

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 1305 sits

All 90 studios →

1305 last sold in August 2008 at AED 816 per sqft, in line with what studios in Marina Diamond Tower 3 were fetching at the time (AED 818). 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. 1305's AED 48,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
1 Oct 2026725,000
7 Jul 2026775,000
24 Mar 2026765,000
29 Dec 2025790,000
6 studio 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 13th floor

All 203 units in Marina Diamond Tower 3
Value
13012-bedAED 920K · Oct 2013
13022-bedAED 1.22M · Dec 2023
1303StudioAED 398K · Jul 2010
1304StudioAED 475K · Jul 2022
1306StudioAED 367K · Oct 2019
1307StudioAED 480K · Mar 2022
1308StudioAED 570K · Mar 2013
1–7 of 13

1305, Marina Diamond Tower 3 in numbers

  • Sold once: by Diamond Developers on 31 August 2008 for AED 348,859, or AED 816 per sqft.
  • Rented since August 2017 on 3 Ejari contracts, from AED 58,125 to AED 48,000 a year.
  • At AED 48,000 a year the gross yield on the 2008 price is 13.8%, 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 1 June 2019.

Questions about 1305, Marina Diamond Tower 3

What did unit 1305 last sell for?

AED 348,859 on 31 August 2008, sold by the developer: AED 816 per sqft for 427 sqft. It is the only registered sale of the unit.

What is the rent for unit 1305?

AED 48,000 a year on the contract signed on 1 June 2019. The previous contract, from October 2017, was AED 62,273; the unit has been rented since August 2017.

How big is unit 1305?

427 sqft (39.7 sqm): a studio on the 13th floor of a 14-storey tower completed in 2007.

What is unit 1305 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.

Selling 1305? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1305, Marina Diamond Tower 3

Starts from the last sale price (AED 349K, 31 August 2008). Switch to today's estimate once you have unlocked it.
Price
AED 348,859
Deposit, UAE resident (20%)
AED 69,772
Deposit, non-resident (40%)
AED 139,544
Monthly over 25 years at 3.7%
AED 1,427

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