2-bed · 1,084 sqftMarina Diamond Tower 6, Dubai Marina · 3rd floor · completed 2008

301, Marina Diamond Tower 6

Sold prices and rental history: sold 3 times, last in November 2014, and rented once, from September 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 301 · DLD and Ejari recordsUpdated 30 September 2016
Last soldAED 1.45M15 November 2014
Current rentAED 95K /yr30 September 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 301, Marina Diamond Tower 6

What is 301 worth today?

Last sold for AED 1,450,000 in 2014

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30 Sep 2016RentedNew contract
AED 94,737/yr12 months · AED 87 per sqft
15 Nov 2014SoldReady
AED 1,450,000AED 1,337 per sqft
2 Sep 2008SoldReady
AED 1,900,000AED 1,752 per sqft
13 Jul 2008Sold by developerReady
AED 823,840AED 759 per sqft

Source: Dubai Land Department. Updated 30 September 2016.

Key facts

Type
2-bed apartment
Size
1,084 sqft
Floor
3rd of 19
Parking
21 B2
Developer
Diamond Developers
Completed
2008
Service charge
AED 20,100 /yr
Last sold
AED 1.45M · November 2014

About 301, Marina Diamond Tower 6

301 is a two-bedroom apartment of 1,084 sqft on the 3rd floor of Marina Diamond Tower 6, a 19-storey tower in Dubai Marina completed in 2008 by Diamond Developers. It last sold on 15 November 2014 for AED 1,450,000, or AED 1,337 per sqft, 11% above the AED 1,206 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 30 September 2016. The current contract, signed on 30 September 2016, is AED 94,737 a year: a gross yield of 6.5% on the 2014 price, before the service charge of about AED 20,100 a year.

Sales and rents for 301 over time

Sales
Unit 301, each saleTypical two-bed in Marina Diamond Tower 6
1M2M2008201320182023Typical sale price by year: 2008 AED 910,280; 2009 AED 893,496; 2010 AED 887,633; 2011 AED 824,510; 2012 AED 830,000; 2013 AED 1,200,000; 2014 AED 1,117,069; 2016 AED 1,250,000; 2017 AED 1,150,000; 2018 AED 1,090,000; 2019 AED 850,000; 2021 AED 759,513; 2022 AED 870,000; 2023 AED 1,100,000; 2024 AED 1,232,500; 2025 AED 1,465,000; 2026 AED 1,387,500Sold by developer, July 2008: AED 823,840 (AED 759 per sqft)Sold, September 2008: AED 1,900,000 (AED 1,752 per sqft)Sold, November 2014: AED 1,450,000 (AED 1,337 per sqft)

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

Rents
Unit 301, each contractTypical two-bed in Marina Diamond Tower 6
75K100K2012201620202024Typical rent by year: 2012 AED 74,000; 2013 AED 80,000; 2014 AED 105,000; 2015 AED 105,000; 2016 AED 101,000; 2017 AED 95,000; 2018 AED 83,500; 2019 AED 75,000; 2020 AED 60,000; 2021 AED 60,000; 2022 AED 70,000; 2023 AED 82,972; 2024 AED 97,200; 2025 AED 105,000; 2026 AED 92,610New contract, September 2016: AED 94,737 a year

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

2-beds in Marina Diamond Tower 6, and where 301 sits

All 76 2-beds →

301 last sold in November 2014 at AED 1,337 per sqft, 11% above what two-beds in Marina Diamond Tower 6 were fetching at the time (AED 1,206). Over the last 12 months two-beds sold for AED 1,200,000 to 1,550,000, around AED 1,280 per sqft, and rent for AED 75,000 to 124,000 a year. 301's AED 94,737 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
26 Oct 20261,200,000
18 Jun 20261,250,000
7 Apr 20261,550,000
19 Feb 20261,525,000
4 2-bed sales in the last 12 months

Marina Diamond Tower 6

Building

190 apartments, 1-bed to 2-bed over 19 floors in Dubai Marina, completed in 2008 by Diamond Developers. 15 sold in the last 12 months.

Typical price per sqft
AED 1,416 Up 8.1%
Typical sale
AED 1.03M
Typical rent
AED 79K /yr
Typical yield
6.9%
Marina Diamond Tower 6, Dubai Marina: prices, sales and rents →

Other units on the 3rd floor

All 190 units in Marina Diamond Tower 6
Value
3022-bedAED 1.4M · Mar 2024
3031-bedAED 640K · Oct 2008
3041-bedAED 530K · Jun 2012
3051-bedAED 750K · Aug 2014
3062-bedAED 764K · Jun 2021
3072-bedAED 1.25M · Sep 2016
3081-bedAED 526K · Oct 2008
1–7 of 9

301, Marina Diamond Tower 6 in numbers

  • Sold 3 times: first on 13 July 2008 for AED 823,840, last on 15 November 2014 for AED 1,450,000 (AED 1,337 per sqft).
  • Rented since September 2016 on one Ejari contract, at AED 94,737 a year.
  • At AED 94,737 a year the gross yield on the 2014 price is 6.5%, before a service charge of about AED 20,100 a year (AED 18.50 per sqft).
  • Two-beds in Marina Diamond Tower 6 sold for AED 1,200,000–1,550,000 in the 12 months to November 2026; the building's median across all types is AED 1,416 per sqft.

Source: Dubai Land Department. Updated 30 September 2016.

Questions about 301, Marina Diamond Tower 6

What did unit 301 last sell for?

AED 1,450,000 on 15 November 2014: AED 1,337 per sqft for 1,084 sqft. The unit has 3 registered sales; the first was AED 823,840 in July 2008.

What is the rent for unit 301?

AED 94,737 a year on the contract signed on 30 September 2016.

How big is unit 301?

1,084 sqft (100.7 sqm): a two-bedroom apartment on the 3rd floor of a 19-storey tower completed in 2008.

What is unit 301 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Marina Diamond Tower 6 sold for AED 1,200,000 to 1,550,000 in the last 12 months, around AED 1,280 per sqft.

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Mortgage on 301, Marina Diamond Tower 6

Starts from the last sale price (AED 1.45M, 15 November 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,450,000
Deposit, UAE resident (20%)
AED 290,000
Deposit, non-resident (40%)
AED 580,000
Monthly over 25 years at 3.7%
AED 5,932

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