1-bed · 706 sqftMarina Diamond Tower 5, Dubai Marina · 3rd floor · completed 2007

309, Marina Diamond Tower 5

Sold prices and rental history: sold twice, last in February 2021, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 309 · DLD and Ejari recordsUpdated 4 February 2021
Last soldAED 490K4 February 2021
Current rentAED 45K /yr10 September 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 309, Marina Diamond Tower 5

What is 309 worth today?

Last sold for AED 490,000 in 2021

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4 Feb 2021SoldReady
AED 490,000AED 693 per sqft
10 Sep 2019RentedNew contract
AED 45,000/yr12 months · AED 64 per sqft
3 Aug 2019RentedNew contract
AED 50,000/yr12 months · AED 71 per sqft
1 Feb 2018RentedNew contract
AED 65,000/yr12 months · AED 92 per sqft
24 Nov 2016RentedNew contract
AED 70,000/yr12 months · AED 99 per sqft
1 May 2015RentedRenewal
AED 79,350/yr12 months · AED 112 per sqft
1 May 2014RentedRenewal
AED 69,000/yr12 months · AED 98 per sqft
1 Feb 2014RentedNew contract
AED 57,500/yr3 months · AED 81 per sqft

Source: Dubai Land Department. Updated 4 February 2021.

Key facts

Type
1-bed apartment
Size
706 sqft
Floor
3rd of 19
Parking
28 B1
Developer
Diamond Developers
Completed
2007
Service charge
AED 10,100 /yr
Last sold
AED 490K · February 2021

About 309, Marina Diamond Tower 5

309 is a one-bedroom apartment of 706 sqft on the 3rd floor of Marina Diamond Tower 5, a 19-storey tower in Dubai Marina completed in 2007 by Diamond Developers. It last sold on 4 February 2021 for AED 490,000, or AED 693 per sqft, 5% below the AED 727 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 10 September 2019, is AED 45,000 a year: a gross yield of 9.2% on the 2021 price, before the service charge of about AED 10,100 a year.

Sales and rents for 309 over time

Sales
Unit 309, each saleTypical one-bed in Marina Diamond Tower 5
500K1M2008201320182023Typical sale price by year: 2008 AED 618,335; 2009 AED 620,968; 2010 AED 560,000; 2011 AED 527,500; 2012 AED 580,000; 2013 AED 750,000; 2014 AED 1,022,500; 2015 AED 895,000; 2016 AED 800,000; 2017 AED 877,500; 2018 AED 800,000; 2019 AED 475,000; 2020 AED 530,000; 2021 AED 595,250; 2022 AED 700,000; 2023 AED 842,500; 2024 AED 1,075,000; 2025 AED 1,050,000; 2026 AED 960,000Sold by developer, March 2010: AED 547,150 (AED 774 per sqft)Sold, February 2021: AED 490,000 (AED 693 per sqft)

309 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 309, each contractTypical one-bed in Marina Diamond Tower 5
40K60K80K20112015201920232027Typical rent by year: 2011 AED 52,000; 2012 AED 55,000; 2013 AED 60,000; 2014 AED 75,000; 2015 AED 82,000; 2016 AED 80,000; 2017 AED 75,000; 2018 AED 65,000; 2019 AED 56,000; 2020 AED 50,000; 2021 AED 45,000; 2022 AED 50,000; 2023 AED 64,500; 2024 AED 73,750; 2025 AED 75,000; 2026 AED 72,000New contract, February 2013: AED 50,000 a yearNew contract, February 2014: AED 57,500 a yearRenewal, May 2014: AED 69,000 a yearRenewal, May 2015: AED 79,350 a yearNew contract, November 2016: AED 70,000 a yearNew contract, February 2018: AED 65,000 a yearNew contract, August 2019: AED 50,000 a yearNew contract, September 2019: AED 45,000 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 5, and where 309 sits

All 115 1-beds →

309 last sold in February 2021 at AED 693 per sqft, 5% below what one-beds in Marina Diamond Tower 5 were fetching at the time (AED 727). Over the last 12 months one-beds sold for AED 875,000 to 1,175,000, around AED 1,469 per sqft, and rent for AED 55,000 to 134,400 a year. 309's AED 45,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
6 Oct 2026960,000
1 Sep 2026889,814
2 Apr 2026875,000
11 Mar 20261,175,000
7 1-bed sales in the last 12 months

Marina Diamond Tower 5

Building

190 apartments, 1-bed to 2-bed over 19 floors in Dubai Marina, completed in 2007 by Diamond Developers. 10 sold in the last 12 months.

Typical price per sqft
AED 1,427 Up 0.4%
Typical sale
AED 1.08M
Typical rent
AED 78K /yr
Typical yield
7.0%
Marina Diamond Tower 5, Dubai Marina: prices, sales and rents →

Other units on the 3rd floor

All 190 units in Marina Diamond Tower 5
Value
3012-bedAED 1.1M · Mar 2017
3022-bedAED 802K · Apr 2009
3031-bedAED 675K · Jun 2021
3041-bedAED 565K · Sep 2012
3051-bedAED 940K · Oct 2023
3062-bedAED 980K · Jun 2023
3072-bedAED 815K · Oct 2009
1–7 of 9

309, Marina Diamond Tower 5 in numbers

  • Sold twice: first on 22 March 2010 for AED 547,150, last on 4 February 2021 for AED 490,000 (AED 693 per sqft).
  • Rented since February 2013 on 8 Ejari contracts, from AED 50,000 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2021 price is 9.2%, before a service charge of about AED 10,100 a year (AED 14.24 per sqft).
  • One-beds in Marina Diamond Tower 5 sold for AED 875,000–1,175,000 in the 12 months to November 2026; the building's median across all types is AED 1,427 per sqft.

Source: Dubai Land Department. Updated 4 February 2021.

Questions about 309, Marina Diamond Tower 5

What did unit 309 last sell for?

AED 490,000 on 4 February 2021: AED 693 per sqft for 706 sqft. The unit has 2 registered sales; the first was AED 547,150 in March 2010.

What is the rent for unit 309?

AED 45,000 a year on the contract signed on 10 September 2019. The previous contract, from August 2019, was AED 50,000; the unit has been rented since February 2013.

How big is unit 309?

706 sqft (65.6 sqm): a one-bedroom apartment on the 3rd floor of a 19-storey tower completed in 2007.

What is unit 309 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 5 sold for AED 875,000 to 1,175,000 in the last 12 months, around AED 1,469 per sqft.

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Mortgage on 309, Marina Diamond Tower 5

Starts from the last sale price (AED 490K, 4 February 2021). Switch to today's estimate once you have unlocked it.
Price
AED 490,000
Deposit, UAE resident (20%)
AED 98,000
Deposit, non-resident (40%)
AED 196,000
Monthly over 25 years at 3.7%
AED 2,005

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