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1-bed · 572 sqftMarina Diamond Tower 2, Dubai Marina · 3rd floor · completed 2007

307, Marina Diamond Tower 2

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

Unit 307 · DLD and Ejari recordsUpdated 25 September 2024
Last soldAED 600K24 September 2013
Current rentAED 70K /yr25 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 307, Marina Diamond Tower 2

What is 307 worth today?

Last sold for AED 600,000 in 2013

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25 Sep 2024RentedNew contract
AED 70,000/yr12 months · AED 122 per sqft
21 Mar 2024RentedNew contract
AED 72,000/yr12 months · AED 126 per sqft
15 Aug 2023RentedRenewal
AED 57,500/yr12 months · AED 101 per sqft
15 Aug 2022RentedNew contract
AED 50,000/yr12 months · AED 87 per sqft
14 May 2020RentedNew contract
AED 42,000/yr12 months · AED 74 per sqft
16 Oct 2019RentedRenewal
AED 53,000/yr12 months · AED 93 per sqft
16 Oct 2018RentedNew contract
AED 55,000/yr12 months · AED 96 per sqft
15 Oct 2017RentedRenewal
AED 72,000/yr12 months · AED 126 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 25 September 2024.

Key facts

Type
1-bed apartment
Size
572 sqft
Floor
3rd of 15
Parking
29 B2
Developer
Diamond Developers
Completed
2007
Service charge
AED 10,500 /yr
Last sold
AED 600K · September 2013
Building
Marina Diamond Tower 2

About 307, Marina Diamond Tower 2

307 is a one-bedroom apartment of 572 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 24 September 2013 for AED 600,000, or AED 1,048 per sqft, 10% above the AED 949 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 25 September 2024, is AED 70,000 a year: a gross yield of 11.7% on the 2013 price, before the service charge of about AED 10,500 a year.

Sales and rents for 307 over time

Sales
Unit 307, each saleTypical one-bed in Marina Diamond Tower 2
500K750K2008201320182023Typical 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, August 2008: AED 407,220 (AED 711 per sqft)Sold, September 2013: AED 600,000 (AED 1,048 per sqft)

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

Rents
Unit 307, 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, October 2013: AED 65,000 a yearRenewal, October 2017: AED 72,000 a yearNew contract, October 2018: AED 55,000 a yearRenewal, October 2019: AED 53,000 a yearNew contract, May 2020: AED 42,000 a yearNew contract, August 2022: AED 50,000 a yearRenewal, August 2023: AED 57,500 a yearNew contract, March 2024: AED 72,000 a yearNew contract, September 2024: AED 70,000 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 2, and where 307 sits

All 122 1-beds →

307 last sold in September 2013 at AED 1,048 per sqft, 10% above what one-beds in Marina Diamond Tower 2 were fetching at the time (AED 949). 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. 307's AED 70,000 is in the lower 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
3041-bedAED 495K · Sep 2021
305StudioAED 630K · Feb 2024
3061-bedAED 850K · May 2023
308StudioAED 423K · Dec 2019
1–7 of 17

307, Marina Diamond Tower 2 in numbers

  • Sold twice: first on 27 August 2008 for AED 407,220, last on 24 September 2013 for AED 600,000 (AED 1,048 per sqft).
  • Rented since October 2013 on 9 Ejari contracts. The rent fell from AED 65,000 to AED 42,000 in 2020 and recovered to AED 70,000 by September 2024.
  • At AED 70,000 a year the gross yield on the 2013 price is 11.7%, before a service charge of about AED 10,500 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 25 September 2024.

Questions about 307, Marina Diamond Tower 2

What did unit 307 last sell for?

AED 600,000 on 24 September 2013: AED 1,048 per sqft for 572 sqft. The unit has 2 registered sales; the first was AED 407,220 in August 2008.

What is the rent for unit 307?

AED 70,000 a year on the contract signed on 25 September 2024. The previous contract, from March 2024, was AED 72,000; the unit has been rented since October 2013.

How big is unit 307?

572 sqft (53.1 sqm): a one-bedroom apartment on the 3rd floor of a 15-storey tower completed in 2007.

What is unit 307 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 307, Marina Diamond Tower 2

Starts from the last sale price (AED 600K, 24 September 2013). Switch to today's estimate once you have unlocked it.
Price
AED 600,000
Deposit, UAE resident (20%)
AED 120,000
Deposit, non-resident (40%)
AED 240,000
Monthly over 25 years at 3.7%
AED 2,455

Plus AED 30,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →