505, Marina Diamond Tower 3
Sold prices and rental history: sold twice, last in November 2023, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 505, Marina Diamond Tower 3
What is 505 worth today?
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Source: Dubai Land Department. Updated 25 January 2026.
Key facts
- Type
- Studio apartment
- Size
- 427 sqft
- Floor
- 5th of 14
- Parking
- 71 B2
- Developer
- Diamond Developers
- Completed
- 2007
- Service charge
- AED 7,900 /yr
- Last sold
- AED 575K · November 2023
- Building
- Marina Diamond Tower 3
About 505, Marina Diamond Tower 3
505 is a studio of 427 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 10 November 2023 for AED 575,000, or AED 1,346 per sqft, 7% above the AED 1,255 studios in the building were fetching at the time.
It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, signed on 25 January 2026, is AED 63,000 a year: a gross yield of 11.0% on the 2023 price, before the service charge of about AED 7,900 a year.
Sales and rents for 505 over time
505 has sold twice; 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 505 sits
All 90 studios →505 last sold in November 2023 at AED 1,346 per sqft, 7% above what studios in Marina Diamond Tower 3 were fetching at the time (AED 1,255). 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. 505's AED 63,000 is in the upper 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 5th floor
All 203 units in Marina Diamond Tower 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,009 sqft | AED 1.45MAED 1,450,000 · Jun 2025June 2025 | 87,600 /yr | |
| 502 | 2-bed | 1,009 sqft | AED 1.08MAED 1,075,000 · Jan 2018January 2018 | 115,000 /yr | |
| 503 | Studio | 429 sqft | AED 425KAED 425,000 · Aug 2022August 2022 | 57,000 /yr | |
| 504 | Studio | 446 sqft | AED 775KAED 775,000 · Jul 2026July 2026 | 68,000 /yr | |
| 506 | Studio | 427 sqft | AED 400KAED 400,000 · Dec 2011December 2011 | 50,000 /yr | |
| 507 | Studio | 446 sqft | AED 655KAED 655,000 · Nov 2024November 2024 | 50,400 /yr | |
| 508 | Studio | 429 sqft | AED 248KAED 247,500 · Mar 2022March 2022 | 59,000 /yr | |
| 509 | 1-bed | 683 sqft | AED 500KAED 500,000 · Nov 2009November 2009 | 75,000 /yr | |
| 510 | 1-bed | 624 sqft | AED 1.06MAED 1,060,000 · Jul 2014July 2014 | 68,250 /yr | |
| 511 | 1-bed | 683 sqft | AED 471KAED 470,647 · Aug 2008August 2008 | 60,000 /yr | |
| 512 | 1-bed | 727 sqft | AED 503KAED 502,502 · Dec 2011December 2011 | 75,000 /yr | |
| 513 | 1-bed | 737 sqft | AED 700KAED 700,000 · Mar 2023March 2023 | 60,000 /yr | |
| 514 | 1-bed | 727 sqft | AED 540KAED 540,000 · Jun 2021June 2021 | 46,000 /yr |
505, Marina Diamond Tower 3 in numbers
- Sold twice: first on 9 October 2008 for AED 350,140, last on 10 November 2023 for AED 575,000 (AED 1,346 per sqft).
- Rented since September 2018 on 7 Ejari contracts. The rent fell from AED 51,000 to AED 19,500 in 2021 and recovered to AED 63,000 by January 2026.
- At AED 63,000 a year the gross yield on the 2023 price is 11.0%, before a service charge of about AED 7,900 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 25 January 2026.
Questions about 505, Marina Diamond Tower 3
What did unit 505 last sell for?
AED 575,000 on 10 November 2023: AED 1,346 per sqft for 427 sqft. The unit has 2 registered sales; the first was AED 350,140 in October 2008.
What is the rent for unit 505?
AED 63,000 a year on the contract signed on 25 January 2026. The previous contract, from December 2024, was AED 49,800; the unit has been rented since September 2018.
How big is unit 505?
427 sqft (39.7 sqm): a studio on the 5th floor of a 14-storey tower completed in 2007.
What is unit 505 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 505, Marina Diamond Tower 3
Starts from the last sale price (AED 575K, 10 November 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 575,000
- Deposit, UAE resident (20%)
- AED 115,000
- Deposit, non-resident (40%)
- AED 230,000
- Monthly over 25 years at 3.7%
- AED 2,353
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →