1-bed · 589 sqftMarina Diamond Tower 2, Dubai Marina · 3rd floor · completed 2007

315, Marina Diamond Tower 2

Sold prices and rental history: sold twice, last in September 2019, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 315 · DLD and Ejari recordsUpdated 1 June 2022
Last soldAED 500K29 September 2019
Current rentAED 36K /yr1 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 315, Marina Diamond Tower 2

What is 315 worth today?

Last sold for AED 500,000 in 2019

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1 Jun 2022RentedNew contract
AED 36,000/yr12 months · AED 61 per sqft
1 Jun 2021RentedNew contract
AED 30,000/yr12 months · AED 51 per sqft
16 Mar 2020RentedNew contract
AED 43,000/yr12 months · AED 73 per sqft
29 Sep 2019SoldReady
AED 500,000AED 848 per sqft
16 Mar 2019RentedNew contract
AED 45,000/yr12 months · AED 76 per sqft
28 Oct 2017RentedNew contract
AED 55,000/yr12 months · AED 93 per sqft
1 Sep 2015RentedNew contract
AED 65,000/yr12 months · AED 110 per sqft
7 Oct 2008Sold by developerReady
AED 401,666AED 681 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 June 2022.

Key facts

Type
1-bed apartment
Size
589 sqft
Floor
3rd of 15
Parking
36 B2
Developer
Diamond Developers
Completed
2007
Service charge
AED 10,800 /yr
Last sold
AED 500K · September 2019

About 315, Marina Diamond Tower 2

315 is a one-bedroom apartment of 589 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 29 September 2019 for AED 500,000, or AED 848 per sqft, 7% below the AED 912 one-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 1 June 2022, is AED 36,000 a year: a gross yield of 7.2% on the 2019 price, before the service charge of about AED 10,800 a year.

Sales and rents for 315 over time

Sales
Unit 315, 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, October 2008: AED 401,666 (AED 681 per sqft)Sold, September 2019: AED 500,000 (AED 848 per sqft)

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

Rents
Unit 315, each contractTypical one-bed in Marina Diamond Tower 2
25K50K75K2012201620202024Typical 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, September 2015: AED 65,000 a yearNew contract, October 2017: AED 55,000 a yearNew contract, March 2019: AED 45,000 a yearNew contract, March 2020: AED 43,000 a yearNew contract, June 2021: AED 30,000 a yearNew contract, June 2022: AED 36,000 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 315 sits

All 122 1-beds →

315 last sold in September 2019 at AED 848 per sqft, 7% below what one-beds in Marina Diamond Tower 2 were fetching at the time (AED 912). 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. 315's AED 36,000 is at the bottom 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
3071-bedAED 600K · Sep 2013
1–7 of 17

315, Marina Diamond Tower 2 in numbers

  • Sold twice: first on 7 October 2008 for AED 401,666, last on 29 September 2019 for AED 500,000 (AED 848 per sqft).
  • Rented since September 2015 on 6 Ejari contracts. The rent fell from AED 65,000 to AED 30,000 in 2021 and recovered to AED 36,000 by June 2022.
  • At AED 36,000 a year the gross yield on the 2019 price is 7.2%, before a service charge of about AED 10,800 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 1 June 2022.

Questions about 315, Marina Diamond Tower 2

What did unit 315 last sell for?

AED 500,000 on 29 September 2019: AED 848 per sqft for 589 sqft. The unit has 2 registered sales; the first was AED 401,666 in October 2008.

What is the rent for unit 315?

AED 36,000 a year on the contract signed on 1 June 2022. The previous contract, from June 2021, was AED 30,000; the unit has been rented since September 2015.

How big is unit 315?

589 sqft (54.7 sqm): a one-bedroom apartment on the 3rd floor of a 15-storey tower completed in 2007.

What is unit 315 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 315, Marina Diamond Tower 2

Starts from the last sale price (AED 500K, 29 September 2019). Switch to today's estimate once you have unlocked it.
Price
AED 500,000
Deposit, UAE resident (20%)
AED 100,000
Deposit, non-resident (40%)
AED 200,000
Monthly over 25 years at 3.7%
AED 2,046

Plus AED 26,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →