2-bed · 963 sqftMarina Diamond Tower 2, Dubai Marina · 3rd floor · completed 2007

301, Marina Diamond Tower 2

Sold prices and rental history: sold 5 times, last in August 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 301 · DLD and Ejari recordsUpdated 28 August 2024
Last soldAED 1.1M28 August 2024
Current rentAED 77K /yr20 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 301, Marina Diamond Tower 2

What is 301 worth today?

Last sold for AED 1,100,000 in 2024

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28 Aug 2024SoldReady
AED 1,100,000AED 1,142 per sqft
20 Oct 2022RentedNew contract
AED 77,000/yr12 months · AED 80 per sqft
3 Dec 2020RentedNew contract
AED 62,000/yr12 months · AED 65 per sqft
3 Dec 2018RentedNew contract
AED 70,000/yr12 months · AED 73 per sqft
1 Oct 2017RentedNew contract
AED 85,000/yr12 months · AED 89 per sqft
24 Jun 2016RentedRenewal
AED 96,000/yr12 months · AED 100 per sqft
24 Jun 2015RentedNew contract
AED 95,000/yr12 months · AED 99 per sqft
27 Feb 2013SoldReady
AED 935,000AED 970 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 28 August 2024.

Key facts

Type
2-bed apartment
Size
963 sqft
Floor
3rd of 15
Parking
25 B2
Developer
Diamond Developers
Completed
2007
Service charge
AED 17,700 /yr
Last sold
AED 1.1M · August 2024

About 301, Marina Diamond Tower 2

301 is a two-bedroom apartment of 963 sqft on the 3rd floor of Marina Diamond Tower 2, a 15-storey tower in Dubai Marina completed in 2007 by Diamond Developers. It last sold on 28 August 2024 for AED 1,100,000, or AED 1,142 per sqft, in line with the AED 1,112 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, signed on 20 October 2022, is AED 77,000 a year: a gross yield of 7.0% on the 2024 price, before the service charge of about AED 17,700 a year.

Sales and rents for 301 over time

Sales
Unit 301, each saleTypical two-bed in Marina Diamond Tower 2
500K1M2008201320182023Typical sale price by year: 2008 AED 611,022; 2009 AED 612,409; 2010 AED 722,500; 2011 AED 644,236; 2012 AED 670,000; 2013 AED 920,000; 2014 AED 1,300,000; 2015 AED 1,100,000; 2016 AED 962,500; 2017 AED 1,062,500; 2018 AED 850,000; 2019 AED 760,000; 2021 AED 750,000; 2023 AED 925,000; 2024 AED 1,075,000; 2025 AED 1,225,000Sold by developer, October 2008: AED 589,768 (AED 612 per sqft)Sold, April 2010: AED 675,000 (AED 700 per sqft)Sold, October 2010: AED 770,000 (AED 799 per sqft)Sold, February 2013: AED 935,000 (AED 970 per sqft)Sold, August 2024: AED 1,100,000 (AED 1,142 per sqft)

301 has sold 5 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 2
50K75K100K20112015201920232027Typical rent by year: 2011 AED 70,000; 2012 AED 65,000; 2013 AED 65,000; 2014 AED 90,000; 2015 AED 100,000; 2016 AED 92,500; 2017 AED 90,000; 2018 AED 75,500; 2019 AED 65,500; 2020 AED 58,000; 2021 AED 51,000; 2022 AED 71,500; 2023 AED 82,500; 2024 AED 95,000; 2025 AED 99,500; 2026 AED 102,500New contract, June 2015: AED 95,000 a yearRenewal, June 2016: AED 96,000 a yearNew contract, October 2017: AED 85,000 a yearNew contract, December 2018: AED 70,000 a yearNew contract, December 2020: AED 62,000 a yearNew contract, October 2022: AED 77,000 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 2, and where 301 sits

All 55 2-beds →

301 last sold in August 2024 at AED 1,142 per sqft, in line with what two-beds in Marina Diamond Tower 2 were fetching at the time (AED 1,112). 301's AED 77,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
24 Jun 20251,250,000
17 Jun 20251,490,000
18 Apr 20251,200,000
19 Feb 20251,165,000
0 2-bed sales in the last 12 months

Marina Diamond Tower 2

Building

276 apartments, studios to 2-bed over 15 floors in Dubai Marina, completed in 2007 by Diamond Developers. 2 sold in the last 12 months.

Typical price per sqft
AED 1,591
Typical sale
AED 785K
Typical rent
AED 72K /yr
Typical yield
7.6%
Marina Diamond Tower 2, Dubai Marina: prices, sales and rents →

Other units on the 3rd floor

All 276 units in Marina Diamond Tower 2
Value
302StudioAED 690K · Feb 2014
3032-bedAED 616K · Jan 2011
3041-bedAED 495K · Sep 2021
305StudioAED 630K · Feb 2024
3061-bedAED 850K · May 2023
3071-bedAED 600K · Sep 2013
308StudioAED 423K · Dec 2019
1–7 of 17

301, Marina Diamond Tower 2 in numbers

  • Sold 5 times: first on 7 October 2008 for AED 589,768, last on 28 August 2024 for AED 1,100,000 (AED 1,142 per sqft).
  • Rented since June 2015 on 6 Ejari contracts. The rent fell from AED 95,000 to AED 62,000 in 2020 and recovered to AED 77,000 by October 2022.
  • At AED 77,000 a year the gross yield on the 2024 price is 7.0%, before a service charge of about AED 17,700 a year (AED 18.33 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 28 August 2024.

Questions about 301, Marina Diamond Tower 2

What did unit 301 last sell for?

AED 1,100,000 on 28 August 2024: AED 1,142 per sqft for 963 sqft. The unit has 5 registered sales; the first was AED 589,768 in October 2008.

What is the rent for unit 301?

AED 77,000 a year on the contract signed on 20 October 2022. The previous contract, from December 2020, was AED 62,000; the unit has been rented since June 2015.

How big is unit 301?

963 sqft (89.5 sqm): a two-bedroom apartment on the 3rd floor of a 15-storey tower completed in 2007.

What is unit 301 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 301, Marina Diamond Tower 2

Starts from the last sale price (AED 1.1M, 28 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,100,000
Deposit, UAE resident (20%)
AED 220,000
Deposit, non-resident (40%)
AED 440,000
Monthly over 25 years at 3.7%
AED 4,500

Plus AED 51,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →