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Studio · 570 sqftMarina Diamond Tower 3, Dubai Marina · 2nd floor · completed 2007

208, Marina Diamond Tower 3

Sold prices and rental history: sold 5 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 208 · DLD and Ejari recordsUpdated 14 December 2023
Last soldAED 610K14 December 2023
Current rentAED 48K /yr15 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 208, Marina Diamond Tower 3

What is 208 worth today?

Last sold for AED 610,000 in 2023

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14 Dec 2023SoldReady
AED 610,000AED 1,070 per sqft
15 Mar 2023RentedNew contract
AED 48,000/yr12 months · AED 84 per sqft
12 Feb 2023RentedNew contract
AED 48,000/yr12 months · AED 84 per sqft
25 Jan 2022RentedNew contract
AED 33,500/yr12 months · AED 59 per sqft
25 Jan 2021RentedNew contract
AED 32,000/yr12 months · AED 56 per sqft
1 Oct 2019RentedNew contract
AED 48,000/yr12 months · AED 84 per sqft
1 Aug 2017RentedNew contract
AED 62,000/yr12 months · AED 109 per sqft
15 Aug 2012SoldReady
AED 450,000AED 789 per sqft

Source: Dubai Land Department. Updated 14 December 2023.

Key facts

Type
Studio apartment
Size
570 sqft
Floor
2nd of 14
Parking
90 B2
Developer
Diamond Developers
Completed
2007
Service charge
AED 10,600 /yr
Last sold
AED 610K · December 2023
Building
Marina Diamond Tower 3

About 208, Marina Diamond Tower 3

208 is a studio of 570 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 14 December 2023 for AED 610,000, or AED 1,070 per sqft, 14% below the AED 1,244 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, signed on 15 March 2023, is AED 48,000 a year: a gross yield of 7.9% on the 2023 price, before the service charge of about AED 10,600 a year.

Sales and rents for 208 over time

Sales
Unit 208, 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, October 2008: AED 359,280 (AED 630 per sqft)Sold, April 2010: AED 550,000 (AED 964 per sqft)Sold, February 2011: AED 355,000 (AED 622 per sqft)Sold, August 2012: AED 450,000 (AED 789 per sqft)Sold, December 2023: AED 610,000 (AED 1,070 per sqft)

208 has sold 5 times; the dashed line is the studio median of each year in the building.

Rents
Unit 208, 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 62,000 a yearNew contract, October 2019: AED 48,000 a yearNew contract, January 2021: AED 32,000 a yearNew contract, January 2022: AED 33,500 a yearNew contract, February 2023: AED 48,000 a yearNew contract, March 2023: 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 208 sits

All 90 studios →

208 last sold in December 2023 at AED 1,070 per sqft, 14% below what studios in Marina Diamond Tower 3 were fetching at the time (AED 1,244). 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. 208'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 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
207StudioAED 383K · Feb 2009
1–7 of 16

208, Marina Diamond Tower 3 in numbers

  • Sold 5 times: first on 7 October 2008 for AED 359,280, last on 14 December 2023 for AED 610,000 (AED 1,070 per sqft).
  • Rented since August 2017 on 6 Ejari contracts. The rent fell from AED 62,000 to AED 32,000 in 2021 and recovered to AED 48,000 by March 2023.
  • At AED 48,000 a year the gross yield on the 2023 price is 7.9%, before a service charge of about AED 10,600 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 14 December 2023.

Questions about 208, Marina Diamond Tower 3

What did unit 208 last sell for?

AED 610,000 on 14 December 2023: AED 1,070 per sqft for 570 sqft. The unit has 5 registered sales; the first was AED 359,280 in October 2008.

What is the rent for unit 208?

AED 48,000 a year on the contract signed on 15 March 2023. The previous contract, from February 2023, was AED 48,000; the unit has been rented since August 2017.

How big is unit 208?

570 sqft (53.0 sqm): a studio on the 2nd floor of a 14-storey tower completed in 2007.

What is unit 208 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 208, Marina Diamond Tower 3

Starts from the last sale price (AED 610K, 14 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 610,000
Deposit, UAE resident (20%)
AED 122,000
Deposit, non-resident (40%)
AED 244,000
Monthly over 25 years at 3.7%
AED 2,496

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