408, Marina Diamond Tower 3
Sold prices and rental history: sold once, by the developer in March 2009, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 408, Marina Diamond Tower 3
What is 408 worth today?
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Source: Dubai Land Department. Updated 17 June 2015.
Key facts
- Type
- Studio apartment
- Size
- 429 sqft
- Floor
- 4th of 14
- Parking
- 80 B2
- Developer
- Diamond Developers
- Completed
- 2007
- Service charge
- AED 8,000 /yr
- Last sold
- AED 370K · March 2009
- Building
- Marina Diamond Tower 3
About 408, Marina Diamond Tower 3
408 is a studio of 429 sqft on the 4th floor of Marina Diamond Tower 3, a 14-storey tower in Dubai Marina completed in 2007 by Diamond Developers. The developer sold it on 17 March 2009 for AED 369,914, or AED 862 per sqft, 5% above the AED 821 studios in the building were fetching at the time.
It has been rented since 2013 on 3 Ejari contracts. The current contract, renewed on 17 June 2015, is AED 55,000 a year: a gross yield of 14.9% on the 2009 price, before the service charge of about AED 8,000 a year.
Sales and rents for 408 over time
408 has sold once; the dashed line is the studio median of each year in the building.
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 408 sits
All 90 studios →408 last sold in March 2009 at AED 862 per sqft, 5% above 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. 408's AED 55,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 1 Oct 20261 October 2026 | 446 sqft | 725,000 | 1,625 | ||
| 7 Jul 20267 July 2026 | 446 sqft | 775,000 | 1,737 | ||
| 24 Mar 202624 March 2026 | 427 sqft | 765,000 | 1,791 | ||
| 29 Dec 202529 December 2025 | 427 sqft | 790,000 | 1,850 |
Marina Diamond Tower 3
Building203 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%
Other units on the 4th floor
All 203 units in Marina Diamond Tower 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 1,009 sqft | AED 1.4MAED 1,400,000 · Oct 2025October 2025 | 100,000 /yr | |
| 402 | 2-bed | 1,009 sqft | AED 750KAED 750,000 · Jan 2020January 2020 | 100,000 /yr | |
| 403 | Studio | 429 sqft | AED 392KAED 391,600 · Oct 2019October 2019 | ||
| 404 | Studio | 446 sqft | AED 740KAED 740,000 · Aug 2017August 2017 | 55,000 /yr | |
| 405 | Studio | 427 sqft | AED 331KAED 330,500 · Apr 2009April 2009 | 52,500 /yr | |
| 406 | Studio | 427 sqft | AED 765KAED 765,000 · Mar 2026March 2026 | 55,000 /yr | |
| 407 | Studio | 446 sqft | AED 715KAED 715,000 · Jan 2025January 2025 | 69,000 /yr | |
| 409 | 1-bed | 683 sqft | AED 975KAED 975,000 · Apr 2025April 2025 | 41,000 /yr | |
| 410 | 1-bed | 624 sqft | AED 900KAED 900,000 · Nov 2025November 2025 | 68,000 /yr | |
| 411 | 1-bed | 683 sqft | AED 885KAED 885,000 · Mar 2025March 2025 | 72,000 /yr | |
| 412 | 1-bed | 727 sqft | AED 530KAED 530,000 · Mar 2012March 2012 | 90,000 /yr | |
| 413 | 1-bed | 737 sqft | AED 1.02MAED 1,021,700 · Apr 2026April 2026 | 70,000 /yr | |
| 414 | 1-bed | 727 sqft | AED 520KAED 519,805 · Dec 2009December 2009 | 78,000 /yr |
408, Marina Diamond Tower 3 in numbers
- Sold once: by Diamond Developers on 17 March 2009 for AED 369,914, or AED 862 per sqft.
- Rented since June 2013 on 3 Ejari contracts, from AED 41,884 to AED 55,000 a year.
- At AED 55,000 a year the gross yield on the 2009 price is 14.9%, before a service charge of about AED 8,000 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 17 June 2015.
Questions about 408, Marina Diamond Tower 3
What did unit 408 last sell for?
AED 369,914 on 17 March 2009, sold by the developer: AED 862 per sqft for 429 sqft. It is the only registered sale of the unit.
What is the rent for unit 408?
AED 55,000 a year on the contract renewed on 17 June 2015. The previous contract, from June 2014, was AED 48,000; the unit has been rented since June 2013.
How big is unit 408?
429 sqft (39.9 sqm): a studio on the 4th floor of a 14-storey tower completed in 2007.
What is unit 408 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 408, Marina Diamond Tower 3
Starts from the last sale price (AED 370K, 17 March 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 369,914
- Deposit, UAE resident (20%)
- AED 73,983
- Deposit, non-resident (40%)
- AED 147,966
- Monthly over 25 years at 3.7%
- AED 1,513
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →