Studio · 694 sqftMarina Diamond Tower 3, Dubai Marina · 2nd floor · completed 2007

206, Marina Diamond Tower 3

Sold prices and rental history: sold 4 times, last in October 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 206 · DLD and Ejari recordsUpdated 1 October 2024
Last soldAED 765K1 October 2024
Current rentAED 64K /yr2 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 206, Marina Diamond Tower 3

What is 206 worth today?

Last sold for AED 765,000 in 2024

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1 Oct 2024SoldReady
AED 765,000AED 1,102 per sqft
2 Mar 2024RentedRenewal
AED 63,798/yr4 months · AED 92 per sqft
2 Mar 2024RentedRenewal
AED 63,798/yr4 months · AED 92 per sqft
3 Apr 2023SoldReady
AED 300,000AED 864 per sqft
2 Mar 2023RentedNew contract
AED 58,000/yr12 months · AED 84 per sqft
4 Feb 2022RentedNew contract
AED 43,000/yr12 months · AED 62 per sqft
11 Aug 2020RentedRenewal
AED 38,000/yr12 months · AED 55 per sqft
11 Aug 2019RentedRenewal
AED 47,000/yr12 months · AED 68 per sqft

Source: Dubai Land Department. Updated 1 October 2024.

Key facts

Type
Studio apartment
Size
694 sqft
Floor
2nd of 14
Parking
88 B2
Developer
Diamond Developers
Completed
2007
Service charge
AED 12,900 /yr
Last sold
AED 765K · October 2024

About 206, Marina Diamond Tower 3

206 is a studio of 694 sqft on the 2nd floor of Marina Diamond Tower 3, a 14-storey tower in Dubai Marina completed in 2007 by Diamond Developers. It last sold on 1 October 2024 for AED 765,000, or AED 1,102 per sqft, 25% below the AED 1,477 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 10 Ejari contracts. The current contract, renewed on 2 March 2024, is AED 63,798 a year: a gross yield of 8.3% on the 2024 price, before the service charge of about AED 12,900 a year.

Sales and rents for 206 over time

Sales
Unit 206, each saleTypical studio in Marina Diamond Tower 3
500K1M2008201320182023Typical 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 2014: AED 399,613 (AED 575 per sqft)Sold, December 2014: AED 1,000,000 (AED 1,441 per sqft)Sold, April 2023: AED 300,000 (AED 864 per sqft)Sold, October 2024: AED 765,000 (AED 1,102 per sqft)

206 has sold 4 times; the dashed line is the studio median of each year in the building.

Rents
Unit 206, 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, May 2015: AED 57,750 a yearNew contract, July 2016: AED 62,000 a yearRenewal, July 2017: AED 62,000 a yearNew contract, August 2018: AED 53,000 a yearRenewal, August 2019: AED 47,000 a yearRenewal, August 2020: AED 38,000 a yearNew contract, February 2022: AED 43,000 a yearNew contract, March 2023: AED 58,000 a yearRenewal, March 2024: AED 63,798 a yearRenewal, March 2024: AED 63,798 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 206 sits

All 90 studios →

206 last sold in October 2024 at AED 1,102 per sqft, 25% below what studios in Marina Diamond Tower 3 were fetching at the time (AED 1,477). 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. 206's AED 63,798 is in the upper 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 2nd floor

All 203 units in Marina Diamond Tower 3
Value
2012-bedAED 450K · Nov 2022
2022-bedAED 864K · Aug 2008
203StudioAED 550K · May 2019
204StudioAED 730K · Oct 2013
205StudioAED 435K · Aug 2008
207StudioAED 383K · Feb 2009
208StudioAED 610K · Dec 2023
1–7 of 16

206, Marina Diamond Tower 3 in numbers

  • Sold 4 times: first on 5 August 2014 for AED 399,613, last on 1 October 2024 for AED 765,000 (AED 1,102 per sqft).
  • Rented since May 2015 on 10 Ejari contracts. The rent fell from AED 57,750 to AED 38,000 in 2020 and recovered to AED 63,798 by March 2024.
  • At AED 63,798 a year the gross yield on the 2024 price is 8.3%, before a service charge of about AED 12,900 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 October 2024.

Questions about 206, Marina Diamond Tower 3

What did unit 206 last sell for?

AED 765,000 on 1 October 2024: AED 1,102 per sqft for 694 sqft. The unit has 4 registered sales; the first was AED 399,613 in August 2014.

What is the rent for unit 206?

AED 63,798 a year on the contract renewed on 2 March 2024. The previous contract, from March 2024, was AED 63,798; the unit has been rented since May 2015.

How big is unit 206?

694 sqft (64.5 sqm): a studio on the 2nd floor of a 14-storey tower completed in 2007.

What is unit 206 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 206, Marina Diamond Tower 3

Starts from the last sale price (AED 765K, 1 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 765,000
Deposit, UAE resident (20%)
AED 153,000
Deposit, non-resident (40%)
AED 306,000
Monthly over 25 years at 3.7%
AED 3,130

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