Studio · 214 sqftMarina Diamond Tower 3, Dubai Marina · 14th floor · completed 2007

1406, Marina Diamond Tower 3

Sold prices and rental history: sold 3 times, last in December 2024, and rented once, from April 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1406 · DLD and Ejari recordsUpdated 30 December 2024
Last soldAED 320K30 December 2024
Current rentAED 40K /yr5 April 2013
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1406, Marina Diamond Tower 3

What is 1406 worth today?

Last sold for AED 320,000 in 2024

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30 Dec 2024SoldReady
AED 320,000AED 1,498 per sqft
4 Mar 2024SoldReady
AED 640,000AED 1,498 per sqft
5 Apr 2013RentedNew contract
AED 40,000/yr12 months · AED 93 per sqft
11 Aug 2008Sold by developerReady
AED 518,000AED 1,213 per sqft

Source: Dubai Land Department. Updated 30 December 2024.

Key facts

Type
Studio apartment
Size
214 sqft
Floor
14th of 14
Parking
18 B2
Developer
Diamond Developers
Completed
2007
Service charge
AED 4,000 /yr
Last sold
AED 320K · December 2024

About 1406, Marina Diamond Tower 3

1406 is a studio of 214 sqft on the 14th floor of Marina Diamond Tower 3, a 14-storey tower in Dubai Marina completed in 2007 by Diamond Developers. It last sold on 30 December 2024 for AED 320,000, or AED 1,498 per sqft, in line with the AED 1,498 studios in the building were fetching at the time.

One Ejari contract is registered, from 5 April 2013. The current contract, signed on 5 April 2013, is AED 40,000 a year: a gross yield of 12.5% on the 2024 price, before the service charge of about AED 4,000 a year.

Sales and rents for 1406 over time

Sales
Unit 1406, each saleTypical studio in Marina Diamond Tower 3
250K500K750K2008201320182023Typical 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 518,000 (AED 1,213 per sqft)Sold, March 2024: AED 640,000 (AED 1,498 per sqft)Sold, December 2024: AED 320,000 (AED 1,498 per sqft)

1406 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1406, 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, April 2013: AED 40,000 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 1406 sits

All 90 studios →

1406 last sold in December 2024 at AED 1,498 per sqft, in line with what studios in Marina Diamond Tower 3 were fetching at the time (AED 1,498). 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. 1406's AED 40,000 is at the bottom 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 14th floor

All 203 units in Marina Diamond Tower 3
Value
14012-bedAED 926K · Oct 2008
14022-bedAED 1.3M · Dec 2023
1403StudioAED 515K · May 2019
1404StudioAED 769K · Dec 2025
1405StudioAED 650K · Jan 2024
1407StudioAED 367K · Jul 2013
1408StudioAED 700K · Mar 2025
1–7 of 13

1406, Marina Diamond Tower 3 in numbers

  • Sold 3 times: first on 11 August 2008 for AED 518,000, last on 30 December 2024 for AED 320,000 (AED 1,498 per sqft).
  • Rented since April 2013 on one Ejari contract, at AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2024 price is 12.5%, before a service charge of about AED 4,000 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 30 December 2024.

Questions about 1406, Marina Diamond Tower 3

What did unit 1406 last sell for?

AED 320,000 on 30 December 2024: AED 1,498 per sqft for 214 sqft. The unit has 3 registered sales; the first was AED 518,000 in August 2008.

What is the rent for unit 1406?

AED 40,000 a year on the contract signed on 5 April 2013.

How big is unit 1406?

214 sqft (19.9 sqm): a studio on the 14th floor of a 14-storey tower completed in 2007.

What is unit 1406 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 1406, Marina Diamond Tower 3

Starts from the last sale price (AED 320K, 30 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 320,000
Deposit, UAE resident (20%)
AED 64,000
Deposit, non-resident (40%)
AED 128,000
Monthly over 25 years at 3.7%
AED 1,309

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