1-bed · 681 sqftMarina Diamond Tower 2, Dubai Marina · 3rd floor · completed 2007

304, Marina Diamond Tower 2

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

Unit 304 · DLD and Ejari recordsUpdated 20 November 2024
Last soldAED 495K6 September 2021
Current rentAED 73K /yr20 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 304, Marina Diamond Tower 2

What is 304 worth today?

Last sold for AED 495,000 in 2021

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20 Nov 2024RentedRenewal
AED 72,750/yr12 months · AED 107 per sqft
20 Nov 2023RentedRenewal
AED 63,250/yr12 months · AED 93 per sqft
20 Nov 2022RentedRenewal
AED 57,500/yr12 months · AED 85 per sqft
6 Sep 2021SoldReady
AED 495,000AED 726 per sqft
20 Nov 2020RentedNew contract
AED 40,000/yr12 months · AED 59 per sqft
25 Jul 2018RentedNew contract
AED 58,000/yr12 months · AED 86 per sqft
30 Jul 2016RentedRenewal
AED 80,000/yr12 months · AED 118 per sqft
30 Jul 2015RentedNew contract
AED 80,000/yr12 months · AED 118 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 20 November 2024.

Key facts

Type
1-bed apartment
Size
681 sqft
Floor
3rd of 15
Parking
27 B2
Developer
Diamond Developers
Completed
2007
Service charge
AED 12,500 /yr
Last sold
AED 495K · September 2021

About 304, Marina Diamond Tower 2

304 is a one-bedroom apartment of 681 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 6 September 2021 for AED 495,000, or AED 726 per sqft, 7% below the AED 780 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, renewed on 20 November 2024, is AED 72,750 a year: a gross yield of 14.7% on the 2021 price, before the service charge of about AED 12,500 a year.

Sales and rents for 304 over time

Sales
Unit 304, each saleTypical one-bed in Marina Diamond Tower 2
500K1M2008201320182023Typical sale price by year: 2008 AED 440,433; 2009 AED 444,574; 2010 AED 471,119; 2011 AED 525,000; 2012 AED 460,500; 2013 AED 670,000; 2014 AED 820,000; 2015 AED 770,000; 2016 AED 775,000; 2017 AED 785,000; 2018 AED 720,000; 2019 AED 500,000; 2020 AED 437,500; 2021 AED 510,000; 2022 AED 590,000; 2023 AED 705,000; 2024 AED 830,000; 2025 AED 900,000Sold by developer, December 2012: AED 235,858 (AED 346 per sqft)Sold, March 2015: AED 1,000,000 (AED 1,468 per sqft)Sold, September 2021: AED 495,000 (AED 726 per sqft)

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

Rents
Unit 304, each contractTypical one-bed in Marina Diamond Tower 2
40K60K80K2012201620202024Typical rent by year: 2012 AED 52,000; 2013 AED 60,000; 2014 AED 72,000; 2015 AED 75,000; 2016 AED 75,000; 2017 AED 68,000; 2018 AED 60,000; 2019 AED 50,000; 2020 AED 40,500; 2021 AED 39,000; 2022 AED 45,000; 2023 AED 58,000; 2024 AED 70,000; 2025 AED 65,500; 2026 AED 75,000New contract, November 2012: AED 50,000 a yearNew contract, November 2013: AED 70,000 a yearNew contract, July 2015: AED 80,000 a yearRenewal, July 2016: AED 80,000 a yearNew contract, July 2018: AED 58,000 a yearNew contract, November 2020: AED 40,000 a yearRenewal, November 2022: AED 57,500 a yearRenewal, November 2023: AED 63,250 a yearRenewal, November 2024: AED 72,750 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 2, and where 304 sits

All 122 1-beds →

304 last sold in September 2021 at AED 726 per sqft, 7% below what one-beds in Marina Diamond Tower 2 were fetching at the time (AED 780). Over the last 12 months one-beds sold for AED 920,000, around AED 1,561 per sqft, and rent for AED 55,000 to 90,000 a year. 304's AED 72,750 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
9 Feb 2026920,000
30 Jul 2025900,000
22 Jul 2025905,000
22 Jul 2025920,000
1 1-bed sale 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
3012-bedAED 1.1M · Aug 2024
302StudioAED 690K · Feb 2014
3032-bedAED 616K · Jan 2011
305StudioAED 630K · Feb 2024
3061-bedAED 850K · May 2023
3071-bedAED 600K · Sep 2013
308StudioAED 423K · Dec 2019
1–7 of 17

304, Marina Diamond Tower 2 in numbers

  • Sold 3 times: first on 30 December 2012 for AED 235,858, last on 6 September 2021 for AED 495,000 (AED 726 per sqft).
  • Rented since November 2012 on 9 Ejari contracts. The rent fell from AED 50,000 to AED 40,000 in 2020 and recovered to AED 72,750 by November 2024.
  • At AED 72,750 a year the gross yield on the 2021 price is 14.7%, before a service charge of about AED 12,500 a year (AED 18.33 per sqft).
  • One-beds in Marina Diamond Tower 2 sold for AED 920,000–920,000 in the 12 months to November 2026; the building's median across all types is AED 1,591 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 20 November 2024.

Questions about 304, Marina Diamond Tower 2

What did unit 304 last sell for?

AED 495,000 on 6 September 2021: AED 726 per sqft for 681 sqft. The unit has 3 registered sales; the first was AED 235,858 in December 2012.

What is the rent for unit 304?

AED 72,750 a year on the contract renewed on 20 November 2024. The previous contract, from November 2023, was AED 63,250; the unit has been rented since November 2012.

How big is unit 304?

681 sqft (63.3 sqm): a one-bedroom apartment on the 3rd floor of a 15-storey tower completed in 2007.

What is unit 304 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 2 sold for AED 920,000 to 920,000 in the last 12 months, around AED 1,561 per sqft.

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Mortgage on 304, Marina Diamond Tower 2

Starts from the last sale price (AED 495K, 6 September 2021). Switch to today's estimate once you have unlocked it.
Price
AED 495,000
Deposit, UAE resident (20%)
AED 99,000
Deposit, non-resident (40%)
AED 198,000
Monthly over 25 years at 3.7%
AED 2,025

Plus AED 23,700 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →