Studio · 429 sqftMarina Diamond Tower 3, Dubai Marina · 5th floor · completed 2007

503, Marina Diamond Tower 3

Sold prices and rental history: sold 3 times, last in August 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 503 · DLD and Ejari recordsUpdated 21 June 2026
Last soldAED 425K15 August 2022
Current rentAED 57K /yr21 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 503, Marina Diamond Tower 3

What is 503 worth today?

Last sold for AED 425,000 in 2022

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21 Jun 2026RentedRenewal
AED 57,000/yr12 months · AED 133 per sqft
21 Jun 2025RentedNew contract
AED 57,000/yr12 months · AED 133 per sqft
14 Oct 2024RentedNew contract
AED 63,000/yr12 months · AED 146 per sqft
20 Sep 2023RentedNew contract
AED 48,000/yr12 months · AED 111 per sqft
27 Aug 2022RentedNew contract
AED 40,000/yr12 months · AED 93 per sqft
15 Aug 2022SoldReady
AED 425,000AED 990 per sqft
30 Jul 2020RentedNew contract
AED 33,000/yr12 months · AED 77 per sqft
29 May 2019RentedRenewal
AED 50,000/yr12 months · AED 116 per sqft

Source: Dubai Land Department. Updated 21 June 2026.

Key facts

Type
Studio apartment
Size
429 sqft
Floor
5th of 14
Parking
69 B2
Developer
Diamond Developers
Completed
2007
Service charge
AED 8,000 /yr
Last sold
AED 425K · August 2022

About 503, Marina Diamond Tower 3

503 is a studio of 429 sqft on the 5th floor of Marina Diamond Tower 3, a 14-storey tower in Dubai Marina completed in 2007 by Diamond Developers. It last sold on 15 August 2022 for AED 425,000, or AED 990 per sqft, in line with the AED 1,001 studios in the building were fetching at the time.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 21 June 2026, is AED 57,000 a year: a gross yield of 13.4% on the 2022 price, before the service charge of about AED 8,000 a year.

Sales and rents for 503 over time

Sales
Unit 503, 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, August 2008: AED 337,709 (AED 787 per sqft)Sold, May 2009: AED 600,000 (AED 1,398 per sqft)Sold, August 2022: AED 425,000 (AED 990 per sqft)

503 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 503, 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, March 2013: AED 50,000 a yearNew contract, May 2016: AED 60,000 a yearRenewal, May 2017: AED 60,000 a yearRenewal, May 2018: AED 60,000 a yearRenewal, May 2019: AED 50,000 a yearNew contract, July 2020: AED 33,000 a yearNew contract, August 2022: AED 40,000 a yearNew contract, September 2023: AED 48,000 a yearNew contract, October 2024: AED 63,000 a yearNew contract, June 2025: AED 57,000 a yearRenewal, June 2026: AED 57,000 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 503 sits

All 90 studios →

503 last sold in August 2022 at AED 990 per sqft, in line with what studios in Marina Diamond Tower 3 were fetching at the time (AED 1,001). 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. 503's AED 57,000 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 5th floor

All 203 units in Marina Diamond Tower 3
Value
5012-bedAED 1.45M · Jun 2025
5022-bedAED 1.08M · Jan 2018
504StudioAED 775K · Jul 2026
505StudioAED 575K · Nov 2023
506StudioAED 400K · Dec 2011
507StudioAED 655K · Nov 2024
508StudioAED 248K · Mar 2022
1–7 of 13

503, Marina Diamond Tower 3 in numbers

  • Sold 3 times: first on 11 August 2008 for AED 337,709, last on 15 August 2022 for AED 425,000 (AED 990 per sqft).
  • Rented since March 2013 on 11 Ejari contracts. The rent fell from AED 50,000 to AED 33,000 in 2020 and recovered to AED 57,000 by June 2026.
  • At AED 57,000 a year the gross yield on the 2022 price is 13.4%, 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 21 June 2026.

Questions about 503, Marina Diamond Tower 3

What did unit 503 last sell for?

AED 425,000 on 15 August 2022: AED 990 per sqft for 429 sqft. The unit has 3 registered sales; the first was AED 337,709 in August 2008.

What is the rent for unit 503?

AED 57,000 a year on the contract renewed on 21 June 2026. The previous contract, from June 2025, was AED 57,000; the unit has been rented since March 2013.

How big is unit 503?

429 sqft (39.9 sqm): a studio on the 5th floor of a 14-storey tower completed in 2007.

What is unit 503 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 503, Marina Diamond Tower 3

Starts from the last sale price (AED 425K, 15 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 425,000
Deposit, UAE resident (20%)
AED 85,000
Deposit, non-resident (40%)
AED 170,000
Monthly over 25 years at 3.7%
AED 1,739

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