311, Marina Diamond Tower 2
Sold prices and rental history: sold once, by the developer in June 2008, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 311, Marina Diamond Tower 2
What is 311 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 12 October 2024.
Key facts
- Type
- Studio apartment
- Size
- 401 sqft
- Floor
- 3rd of 15
- Parking
- 20 G.F
- Developer
- Diamond Developers
- Completed
- 2007
- Service charge
- AED 7,300 /yr
- Last sold
- AED 287K · June 2008
- Building
- Marina Diamond Tower 2
About 311, Marina Diamond Tower 2
311 is a studio of 401 sqft on the 3rd floor of Marina Diamond Tower 2, a 15-storey tower in Dubai Marina completed in 2007 by Diamond Developers. The developer sold it on 18 June 2008 for AED 286,900, or AED 715 per sqft, 6% below the AED 762 studios in the building were fetching at the time.
It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, signed on 12 October 2024, is AED 54,000 a year: a gross yield of 18.8% on the 2008 price, before the service charge of about AED 7,300 a year.
Sales and rents for 311 over time
311 has sold once; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Marina Diamond Tower 2, and where 311 sits
All 87 studios →311 last sold in June 2008 at AED 715 per sqft, 6% below what studios in Marina Diamond Tower 2 were fetching at the time (AED 762). Over the last 12 months studios sold for AED 650,000, around AED 1,621 per sqft, and rent for AED 44,000 to 70,000 a year. 311's AED 54,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 6 Jan 20266 January 2026 | 401 sqft | 650,000 | 1,621 | ||
| 30 Jul 202530 July 2025 | 401 sqft | 700,000 | 1,745 | ||
| 28 Apr 202528 April 2025 | 209 sqft | 245,000 | 1,172 | ||
| 21 Apr 202521 April 2025 | 688 sqft | 750,000 | 1,090 |
Marina Diamond Tower 2
Building276 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%
Other units on the 3rd floor
All 276 units in Marina Diamond Tower 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 2-bed | 963 sqft | AED 1.1MAED 1,100,000 · Aug 2024August 2024 | 77,000 /yr | |
| 302 | Studio | 401 sqft | AED 690KAED 690,000 · Feb 2014February 2014 | 58,000 /yr | |
| 303 | 2-bed | 481 sqft | AED 616KAED 616,334 · Jan 2011January 2011 | 105,000 /yr | |
| 304 | 1-bed | 681 sqft | AED 495KAED 495,000 · Sep 2021September 2021 | 72,750 /yr | |
| 305 | Studio | 418 sqft | AED 630KAED 630,000 · Feb 2024February 2024 | 64,000 /yr | |
| 306 | 1-bed | 572 sqft | AED 850KAED 850,000 · May 2023May 2023 | 90,000 /yr | |
| 307 | 1-bed | 572 sqft | AED 600KAED 600,000 · Sep 2013September 2013 | 70,000 /yr | |
| 308 | Studio | 418 sqft | AED 423KAED 423,000 · Dec 2019December 2019 | 60,000 /yr | |
| 309 | 1-bed | 647 sqft | AED 720KAED 720,000 · May 2013May 2013 | 66,000 /yr | |
| 310 | 2-bed | 963 sqft | AED 750KAED 750,000 · May 2022May 2022 | 100,000 /yr | |
| 312 | 2-bed | 963 sqft | AED 1MAED 1,000,000 · Dec 2023December 2023 | 95,000 /yr | |
| 313 | 1-bed | 666 sqft | AED 500KAED 500,000 · Nov 2014November 2014 | 75,000 /yr | |
| 314 | Studio | 438 sqft | AED 670KAED 670,000 · Nov 2013November 2013 | 41,745 /yr | |
| 315 | 1-bed | 589 sqft | AED 500KAED 500,000 · Sep 2019September 2019 | 36,000 /yr | |
| 316 | 1-bed | 589 sqft | AED 900KAED 900,000 · Apr 2025April 2025 | 15,000 /yr | |
| 317 | Studio | 438 sqft | AED 296KAED 296,226 · Mar 2009March 2009 | ||
| 318 | 1-bed | 666 sqft | AED 840KAED 840,000 · Aug 2024August 2024 | 75,000 /yr |
311, Marina Diamond Tower 2 in numbers
- Sold once: by Diamond Developers on 18 June 2008 for AED 286,900, or AED 715 per sqft.
- Rented since September 2014 on 8 Ejari contracts. The rent fell from AED 57,000 to AED 26,000 in 2021 and recovered to AED 54,000 by October 2024.
- At AED 54,000 a year the gross yield on the 2008 price is 18.8%, before a service charge of about AED 7,300 a year (AED 18.33 per sqft).
- Studios in Marina Diamond Tower 2 sold for AED 650,000–650,000 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 12 October 2024.
Questions about 311, Marina Diamond Tower 2
What did unit 311 last sell for?
AED 286,900 on 18 June 2008, sold by the developer: AED 715 per sqft for 401 sqft. It is the only registered sale of the unit.
What is the rent for unit 311?
AED 54,000 a year on the contract signed on 12 October 2024. The previous contract, from September 2023, was AED 41,000; the unit has been rented since September 2014.
How big is unit 311?
401 sqft (37.3 sqm): a studio on the 3rd floor of a 15-storey tower completed in 2007.
What is unit 311 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Marina Diamond Tower 2 sold for AED 650,000 to 650,000 in the last 12 months, around AED 1,621 per sqft.
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Mortgage on 311, Marina Diamond Tower 2
Starts from the last sale price (AED 287K, 18 June 2008). Switch to today's estimate once you have unlocked it.- Price
- AED 286,900
- Deposit, UAE resident (20%)
- AED 57,380
- Deposit, non-resident (40%)
- AED 114,760
- Monthly over 25 years at 3.7%
- AED 1,174
Plus AED 14,960 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →