506, Marina Diamond Tower 3
Sold prices and rental history: sold twice, last in December 2011, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, Marina Diamond Tower 3
What is 506 worth today?
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Source: Dubai Land Department. Updated 12 May 2026.
Key facts
- Type
- Studio apartment
- Size
- 427 sqft
- Floor
- 5th of 14
- Parking
- 72 B2
- Developer
- Diamond Developers
- Completed
- 2007
- Service charge
- AED 7,900 /yr
- Last sold
- AED 400K · December 2011
- Building
- Marina Diamond Tower 3
About 506, Marina Diamond Tower 3
506 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 7 December 2011 for AED 400,000, or AED 936 per sqft, in line with the AED 936 studios in the building were fetching at the time.
It has been rented since 2018 on 3 Ejari contracts. The current contract, signed on 12 May 2026, is AED 50,000 a year: a gross yield of 12.5% on the 2011 price, before the service charge of about AED 7,900 a year.
Sales and rents for 506 over time
506 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 506 sits
All 90 studios →506 last sold in December 2011 at AED 936 per sqft, in line with what studios in Marina Diamond Tower 3 were fetching at the time (AED 936). 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. 506's AED 50,000 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 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 | |
| 505 | Studio | 427 sqft | AED 575KAED 575,000 · Nov 2023November 2023 | 63,000 /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 |
506, Marina Diamond Tower 3 in numbers
- Sold twice: first on 22 March 2010 for AED 336,134, last on 7 December 2011 for AED 400,000 (AED 936 per sqft).
- Rented since March 2018 on 3 Ejari contracts, from AED 58,000 to AED 50,000 a year.
- At AED 50,000 a year the gross yield on the 2011 price is 12.5%, 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 12 May 2026.
Questions about 506, Marina Diamond Tower 3
What did unit 506 last sell for?
AED 400,000 on 7 December 2011: AED 936 per sqft for 427 sqft. The unit has 2 registered sales; the first was AED 336,134 in March 2010.
What is the rent for unit 506?
AED 50,000 a year on the contract signed on 12 May 2026. The previous contract, from March 2019, was AED 49,000; the unit has been rented since March 2018.
How big is unit 506?
427 sqft (39.7 sqm): a studio on the 5th floor of a 14-storey tower completed in 2007.
What is unit 506 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 506, Marina Diamond Tower 3
Starts from the last sale price (AED 400K, 7 December 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 400,000
- Deposit, UAE resident (20%)
- AED 80,000
- Deposit, non-resident (40%)
- AED 160,000
- Monthly over 25 years at 3.7%
- AED 1,637
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →