1-bed · 727 sqftMarina Diamond Tower 3, Dubai Marina · 5th floor · completed 2007

514, Marina Diamond Tower 3

Sold prices and rental history: sold 3 times, last in June 2021, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 514 · DLD and Ejari recordsUpdated 16 June 2021
Last soldAED 540K16 June 2021
Current rentAED 46K /yr15 June 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 514, Marina Diamond Tower 3

What is 514 worth today?

Last sold for AED 540,000 in 2021

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16 Jun 2021SoldReady
AED 540,000AED 742 per sqft
15 Jun 2020RentedNew contract
AED 46,000/yr6 months · AED 63 per sqft
15 Jun 2019RentedNew contract
AED 54,000/yr12 months · AED 74 per sqft
1 Sep 2015RentedRenewal
AED 75,000/yr12 months · AED 102 per sqft
1 Sep 2014RentedNew contract
AED 75,000/yr12 months · AED 102 per sqft
1 Jul 2013RentedNew contract
AED 51,975/yr12 months · AED 71 per sqft
1 Jul 2012RentedNew contract
AED 47,250/yr12 months · AED 65 per sqft
10 Jul 2008SoldReady
AED 1,400,000AED 1,925 per sqft

Source: Dubai Land Department. Updated 16 June 2021.

Key facts

Type
1-bed apartment
Size
727 sqft
Floor
5th of 14
Parking
88 B1
Developer
Diamond Developers
Completed
2007
Service charge
AED 13,500 /yr
Last sold
AED 540K · June 2021

About 514, Marina Diamond Tower 3

514 is a one-bedroom apartment of 727 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 16 June 2021 for AED 540,000, or AED 742 per sqft, in line with the AED 742 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 6 Ejari contracts. The current contract, signed on 15 June 2020, is AED 46,000 a year: a gross yield of 8.5% on the 2021 price, before the service charge of about AED 13,500 a year.

Sales and rents for 514 over time

Sales
Unit 514, each saleTypical one-bed in Marina Diamond Tower 3
500K1M1.5M2008201320182023Typical sale price by year: 2008 AED 517,988; 2009 AED 530,710; 2010 AED 557,500; 2011 AED 500,000; 2012 AED 516,925; 2013 AED 560,474; 2014 AED 972,500; 2015 AED 800,000; 2016 AED 900,000; 2017 AED 880,000; 2020 AED 580,000; 2021 AED 550,000; 2022 AED 672,500; 2023 AED 717,250; 2024 AED 885,000; 2025 AED 910,000; 2026 AED 913,180Sold by developer, May 2008: AED 523,440 (AED 720 per sqft)Sold, July 2008: AED 1,400,000 (AED 1,925 per sqft)Sold, June 2021: AED 540,000 (AED 742 per sqft)

514 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 514, each contractTypical one-bed in Marina Diamond Tower 3
40K60K80K2012201620202024Typical rent by year: 2012 AED 50,000; 2013 AED 65,000; 2014 AED 75,000; 2015 AED 79,000; 2016 AED 77,398; 2017 AED 70,000; 2018 AED 65,000; 2019 AED 57,000; 2020 AED 46,000; 2021 AED 44,000; 2022 AED 50,000; 2023 AED 60,000; 2024 AED 71,000; 2025 AED 75,000; 2026 AED 71,000New contract, July 2012: AED 47,250 a yearNew contract, July 2013: AED 51,975 a yearNew contract, September 2014: AED 75,000 a yearRenewal, September 2015: AED 75,000 a yearNew contract, June 2019: AED 54,000 a yearNew contract, June 2020: AED 46,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Marina Diamond Tower 3, and where 514 sits

All 84 1-beds →

514 last sold in June 2021 at AED 742 per sqft, in line with what one-beds in Marina Diamond Tower 3 were fetching at the time (AED 742). Over the last 12 months one-beds sold for AED 760,000 to 1,021,700, around AED 1,323 per sqft, and rent for AED 55,000 to 190,521 a year. 514's AED 46,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
7 Aug 2026760,000
10 Jul 2026815,000
18 Jun 20261,011,360
10 Apr 20261,021,700
6 1-bed 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
503StudioAED 425K · Aug 2022
504StudioAED 775K · Jul 2026
505StudioAED 575K · Nov 2023
506StudioAED 400K · Dec 2011
507StudioAED 655K · Nov 2024
1–7 of 13

514, Marina Diamond Tower 3 in numbers

  • Sold 3 times: first on 18 May 2008 for AED 523,440, last on 16 June 2021 for AED 540,000 (AED 742 per sqft).
  • Rented since July 2012 on 6 Ejari contracts, from AED 47,250 to AED 46,000 a year.
  • At AED 46,000 a year the gross yield on the 2021 price is 8.5%, before a service charge of about AED 13,500 a year (AED 18.60 per sqft).
  • One-beds in Marina Diamond Tower 3 sold for AED 760,000–1,021,700 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 16 June 2021.

Questions about 514, Marina Diamond Tower 3

What did unit 514 last sell for?

AED 540,000 on 16 June 2021: AED 742 per sqft for 727 sqft. The unit has 3 registered sales; the first was AED 523,440 in May 2008.

What is the rent for unit 514?

AED 46,000 a year on the contract signed on 15 June 2020. The previous contract, from June 2019, was AED 54,000; the unit has been rented since July 2012.

How big is unit 514?

727 sqft (67.5 sqm): a one-bedroom apartment on the 5th floor of a 14-storey tower completed in 2007.

What is unit 514 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Marina Diamond Tower 3 sold for AED 760,000 to 1,021,700 in the last 12 months, around AED 1,323 per sqft.

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Mortgage on 514, Marina Diamond Tower 3

Starts from the last sale price (AED 540K, 16 June 2021). Switch to today's estimate once you have unlocked it.
Price
AED 540,000
Deposit, UAE resident (20%)
AED 108,000
Deposit, non-resident (40%)
AED 216,000
Monthly over 25 years at 3.7%
AED 2,209

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