2-bed · 1,009 sqftMarina Diamond Tower 3, Dubai Marina · 3rd floor · completed 2007

301, Marina Diamond Tower 3

Sold prices and rental history: sold twice, last in May 2021, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 301 · DLD and Ejari recordsUpdated 24 May 2021
Last soldAED 850K24 May 2021
Current rentAED 72K /yr1 March 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 301, Marina Diamond Tower 3

What is 301 worth today?

Last sold for AED 850,000 in 2021

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24 May 2021SoldReady
AED 850,000AED 842 per sqft
1 Mar 2020RentedRenewal
AED 72,000/yr12 months · AED 71 per sqft
1 Mar 2019RentedRenewal
AED 80,000/yr12 months · AED 79 per sqft
1 Mar 2018RentedNew contract
AED 85,000/yr12 months · AED 84 per sqft
9 Mar 2017RentedNew contract
AED 95,000/yr12 months · AED 94 per sqft
1 May 2014RentedNew contract
AED 120,000/yr12 months · AED 119 per sqft
1 Dec 2012RentedNew contract
AED 80,000/yr12 months · AED 79 per sqft
11 Aug 2008Sold by developerReady
AED 1,300,000AED 1,288 per sqft

Source: Dubai Land Department. Updated 24 May 2021.

Key facts

Type
2-bed apartment
Size
1,009 sqft
Floor
3rd of 14
Parking
23 B1
Developer
Diamond Developers
Completed
2007
Service charge
AED 18,800 /yr
Last sold
AED 850K · May 2021

About 301, Marina Diamond Tower 3

301 is a two-bedroom apartment of 1,009 sqft on the 3rd floor of Marina Diamond Tower 3, a 14-storey tower in Dubai Marina completed in 2007 by Diamond Developers. It last sold on 24 May 2021 for AED 850,000, or AED 842 per sqft.

It has been rented continuously since 2012 on 6 Ejari contracts. The current contract, renewed on 1 March 2020, is AED 72,000 a year: a gross yield of 8.5% on the 2021 price, before the service charge of about AED 18,800 a year.

Sales and rents for 301 over time

Sales
Unit 301, each saleTypical two-bed in Marina Diamond Tower 3
750K1M1.25M20082012201620202024Typical sale price by year: 2008 AED 893,867; 2009 AED 892,518; 2011 AED 780,000; 2012 AED 866,704; 2013 AED 919,630; 2018 AED 1,075,000; 2023 AED 1,207,500Sold by developer, August 2008: AED 1,300,000 (AED 1,288 per sqft)Sold, May 2021: AED 850,000 (AED 842 per sqft)

301 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 301, each contractTypical two-bed in Marina Diamond Tower 3
50K100K2012201620202024Typical rent by year: 2012 AED 80,000; 2013 AED 90,000; 2014 AED 105,000; 2015 AED 115,000; 2016 AED 110,000; 2017 AED 90,000; 2018 AED 83,500; 2019 AED 73,000; 2020 AED 62,000; 2021 AED 60,000; 2022 AED 76,000; 2023 AED 87,000; 2024 AED 97,000; 2025 AED 100,000; 2026 AED 100,000New contract, December 2012: AED 80,000 a yearNew contract, May 2014: AED 120,000 a yearNew contract, March 2017: AED 95,000 a yearNew contract, March 2018: AED 85,000 a yearRenewal, March 2019: AED 80,000 a yearRenewal, March 2020: AED 72,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Marina Diamond Tower 3, and where 301 sits

All 28 2-beds →

Over the last 12 months two-beds sold for AED 1,600,000, around AED 1,585 per sqft, and rent for AED 82,556 to 113,850 a year. 301's AED 72,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
27 Feb 20261,600,000
22 Oct 20251,400,000
26 Jun 20251,450,000
26 Dec 20231,215,000
1 2-bed sale 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 3rd floor

All 203 units in Marina Diamond Tower 3
Value
3022-bedAED 945K · Nov 2012
303StudioAED 500K · Jan 2011
304StudioAED 332K · Aug 2010
305StudioAED 787K · Dec 2025
306StudioAED 465K · Jan 2021
307StudioAED 361K · Oct 2008
308StudioAED 347K · May 2010
1–7 of 13

301, Marina Diamond Tower 3 in numbers

  • Sold twice: first on 11 August 2008 for AED 1,300,000, last on 24 May 2021 for AED 850,000 (AED 842 per sqft).
  • Rented since December 2012 on 6 Ejari contracts, from AED 80,000 to AED 72,000 a year.
  • At AED 72,000 a year the gross yield on the 2021 price is 8.5%, before a service charge of about AED 18,800 a year (AED 18.60 per sqft).
  • Two-beds in Marina Diamond Tower 3 sold for AED 1,600,000–1,600,000 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 24 May 2021.

Questions about 301, Marina Diamond Tower 3

What did unit 301 last sell for?

AED 850,000 on 24 May 2021: AED 842 per sqft for 1,009 sqft. The unit has 2 registered sales; the first was AED 1,300,000 in August 2008.

What is the rent for unit 301?

AED 72,000 a year on the contract renewed on 1 March 2020. The previous contract, from March 2019, was AED 80,000; the unit has been rented since December 2012.

How big is unit 301?

1,009 sqft (93.7 sqm): a two-bedroom apartment on the 3rd floor of a 14-storey tower completed in 2007.

What is unit 301 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Marina Diamond Tower 3 sold for AED 1,600,000 to 1,600,000 in the last 12 months, around AED 1,585 per sqft.

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Mortgage on 301, Marina Diamond Tower 3

Starts from the last sale price (AED 850K, 24 May 2021). Switch to today's estimate once you have unlocked it.
Price
AED 850,000
Deposit, UAE resident (20%)
AED 170,000
Deposit, non-resident (40%)
AED 340,000
Monthly over 25 years at 3.7%
AED 3,478

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