507, Marina Diamond Tower 3
Sold prices and rental history: sold 4 times, last in November 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 507, Marina Diamond Tower 3
What is 507 worth today?
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Source: Dubai Land Department. Updated 1 November 2024.
Key facts
- Type
- Studio apartment
- Size
- 446 sqft
- Floor
- 5th of 14
- Parking
- 73B2
- Developer
- Diamond Developers
- Completed
- 2007
- Service charge
- AED 8,300 /yr
- Last sold
- AED 655K · November 2024
- Building
- Marina Diamond Tower 3
About 507, Marina Diamond Tower 3
507 is a studio of 446 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 1 November 2024 for AED 655,000, or AED 1,468 per sqft, in line with the AED 1,481 studios in the building were fetching at the time.
It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 5 March 2024, is AED 50,400 a year: a gross yield of 7.7% on the 2024 price, before the service charge of about AED 8,300 a year.
Sales and rents for 507 over time
507 has sold 4 times; 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 507 sits
All 90 studios →507 last sold in November 2024 at AED 1,468 per sqft, in line with what studios in Marina Diamond Tower 3 were fetching at the time (AED 1,481). 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. 507's AED 50,400 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 | |
| 506 | Studio | 427 sqft | AED 400KAED 400,000 · Dec 2011December 2011 | 50,000 /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 |
507, Marina Diamond Tower 3 in numbers
- Sold 4 times: first on 9 June 2008 for AED 365,720, last on 1 November 2024 for AED 655,000 (AED 1,468 per sqft).
- Rented since November 2013 on 9 Ejari contracts. The rent fell from AED 55,000 to AED 34,000 in 2021 and recovered to AED 50,400 by March 2024.
- At AED 50,400 a year the gross yield on the 2024 price is 7.7%, before a service charge of about AED 8,300 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 1 November 2024.
Questions about 507, Marina Diamond Tower 3
What did unit 507 last sell for?
AED 655,000 on 1 November 2024: AED 1,468 per sqft for 446 sqft. The unit has 4 registered sales; the first was AED 365,720 in June 2008.
What is the rent for unit 507?
AED 50,400 a year on the contract renewed on 5 March 2024. The previous contract, from March 2023, was AED 48,000; the unit has been rented since November 2013.
How big is unit 507?
446 sqft (41.4 sqm): a studio on the 5th floor of a 14-storey tower completed in 2007.
What is unit 507 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 507, Marina Diamond Tower 3
Starts from the last sale price (AED 655K, 1 November 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 655,000
- Deposit, UAE resident (20%)
- AED 131,000
- Deposit, non-resident (40%)
- AED 262,000
- Monthly over 25 years at 3.7%
- AED 2,680
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →