Studio · 644 sqftMarina Diamond Tower 3, Dubai Marina · 2nd floor · completed 2007

207, Marina Diamond Tower 3

Sold prices and rental history: sold once, by the developer in February 2009, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 207 · DLD and Ejari recordsUpdated 1 February 2022
Last soldAED 383K1 February 2009
Current rentAED 42K /yr1 February 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 207, Marina Diamond Tower 3

What is 207 worth today?

Last sold for AED 383,088 in 2009

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1 Feb 2022RentedRenewal
AED 42,000/yr12 months · AED 65 per sqft
1 Feb 2021RentedNew contract
AED 36,000/yr12 months · AED 56 per sqft
25 Jan 2020RentedNew contract
AED 46,000/yr12 months · AED 71 per sqft
3 Mar 2019RentedNew contract
AED 50,000/yr12 months · AED 77 per sqft
20 Feb 2018RentedNew contract
AED 56,000/yr12 months · AED 87 per sqft
1 Feb 2009Sold by developerReady
AED 383,088AED 594 per sqft

Source: Dubai Land Department. Updated 1 February 2022.

Key facts

Type
Studio apartment
Size
644 sqft
Floor
2nd of 14
Parking
20 B1
Developer
Diamond Developers
Completed
2007
Service charge
AED 12,000 /yr
Last sold
AED 383K · February 2009

About 207, Marina Diamond Tower 3

207 is a studio of 644 sqft on the 2nd floor of Marina Diamond Tower 3, a 14-storey tower in Dubai Marina completed in 2007 by Diamond Developers. The developer sold it on 1 February 2009 for AED 383,088, or AED 594 per sqft, 28% below the AED 821 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, renewed on 1 February 2022, is AED 42,000 a year: a gross yield of 11.0% on the 2009 price, before the service charge of about AED 12,000 a year.

Sales and rents for 207 over time

Sales
Unit 207, 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, February 2009: AED 383,088 (AED 594 per sqft)

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

Rents
Unit 207, 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, February 2018: AED 56,000 a yearNew contract, March 2019: AED 50,000 a yearNew contract, January 2020: AED 46,000 a yearNew contract, February 2021: AED 36,000 a yearRenewal, February 2022: AED 42,000 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 207 sits

All 90 studios →

207 last sold in February 2009 at AED 594 per sqft, 28% below what studios in Marina Diamond Tower 3 were fetching at the time (AED 821). 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. 207's AED 42,000 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 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
206StudioAED 765K · Oct 2024
208StudioAED 610K · Dec 2023
1–7 of 16

207, Marina Diamond Tower 3 in numbers

  • Sold once: by Diamond Developers on 1 February 2009 for AED 383,088, or AED 594 per sqft.
  • Rented since February 2018 on 5 Ejari contracts. The rent fell from AED 56,000 to AED 36,000 in 2021 and recovered to AED 42,000 by February 2022.
  • At AED 42,000 a year the gross yield on the 2009 price is 11.0%, before a service charge of about AED 12,000 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 1 February 2022.

Questions about 207, Marina Diamond Tower 3

What did unit 207 last sell for?

AED 383,088 on 1 February 2009, sold by the developer: AED 594 per sqft for 644 sqft. It is the only registered sale of the unit.

What is the rent for unit 207?

AED 42,000 a year on the contract renewed on 1 February 2022. The previous contract, from February 2021, was AED 36,000; the unit has been rented since February 2018.

How big is unit 207?

644 sqft (59.8 sqm): a studio on the 2nd floor of a 14-storey tower completed in 2007.

What is unit 207 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 207, Marina Diamond Tower 3

Starts from the last sale price (AED 383K, 1 February 2009). Switch to today's estimate once you have unlocked it.
Price
AED 383,088
Deposit, UAE resident (20%)
AED 76,618
Deposit, non-resident (40%)
AED 153,235
Monthly over 25 years at 3.7%
AED 1,567

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