Studio · 429 sqftMarina Diamond Tower 3, Dubai Marina · 10th floor · completed 2007

1003, Marina Diamond Tower 3

Sold prices and rental history: sold twice, last in June 2016, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1003 · DLD and Ejari recordsUpdated 26 February 2024
Last soldAED 700K23 June 2016
Current rentAED 60K /yr26 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1003, Marina Diamond Tower 3

What is 1003 worth today?

Last sold for AED 700,000 in 2016

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26 Feb 2024RentedNew contract
AED 60,000/yr12 months · AED 139 per sqft
7 Oct 2021RentedRenewal
AED 34,000/yr12 months · AED 79 per sqft
7 Oct 2020RentedNew contract
AED 32,000/yr12 months · AED 74 per sqft
28 Aug 2019RentedNew contract
AED 45,000/yr12 months · AED 105 per sqft
15 Jul 2018RentedRenewal
AED 54,000/yr12 months · AED 125 per sqft
15 Jul 2017RentedNew contract
AED 60,000/yr12 months · AED 139 per sqft
23 Jun 2016SoldReady
AED 700,000AED 1,631 per sqft
23 May 2016RentedNew contract
AED 60,000/yr12 months · AED 140 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 26 February 2024.

Key facts

Type
Studio apartment
Size
429 sqft
Floor
10th of 14
Parking
39 B2
Developer
Diamond Developers
Completed
2007
Service charge
AED 8,000 /yr
Last sold
AED 700K · June 2016

About 1003, Marina Diamond Tower 3

1003 is a studio of 429 sqft on the 10th floor of Marina Diamond Tower 3, a 14-storey tower in Dubai Marina completed in 2007 by Diamond Developers. It last sold on 23 June 2016 for AED 700,000, or AED 1,631 per sqft, 12% above the AED 1,457 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, signed on 26 February 2024, is AED 60,000 a year: a gross yield of 8.6% on the 2016 price, before the service charge of about AED 8,000 a year.

Sales and rents for 1003 over time

Sales
Unit 1003, each saleTypical studio in Marina Diamond Tower 3
400K600K800K2008201320182023Typical sale price by year: 2008 AED 363,256; 2009 AED 369,914; 2010 AED 399,100; 2011 AED 400,000; 2012 AED 415,971; 2013 AED 545,000; 2014 AED 720,000; 2015 AED 625,000; 2016 AED 660,000; 2017 AED 722,500; 2018 AED 500,000; 2019 AED 522,500; 2021 AED 440,000; 2022 AED 480,000; 2023 AED 567,500; 2024 AED 675,000; 2025 AED 750,000Sold by developer, February 2013: AED 355,255 (AED 828 per sqft)Sold, June 2016: AED 700,000 (AED 1,631 per sqft)

1003 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1003, each contractTypical studio in Marina Diamond Tower 3
40K60K20112015201920232027Typical rent by year: 2011 AED 34,000; 2012 AED 43,000; 2013 AED 53,250; 2014 AED 60,000; 2015 AED 64,000; 2016 AED 63,000; 2017 AED 58,125; 2018 AED 52,000; 2019 AED 45,000; 2020 AED 36,500; 2021 AED 34,000; 2022 AED 40,000; 2023 AED 48,933; 2024 AED 55,500; 2025 AED 60,000; 2026 AED 63,000New contract, March 2015: AED 65,000 a yearNew contract, May 2016: AED 60,000 a yearNew contract, July 2017: AED 60,000 a yearRenewal, July 2018: AED 54,000 a yearNew contract, August 2019: AED 45,000 a yearNew contract, October 2020: AED 32,000 a yearRenewal, October 2021: AED 34,000 a yearNew contract, February 2024: AED 60,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Marina Diamond Tower 3, and where 1003 sits

All 88 studios →

1003 last sold in June 2016 at AED 1,631 per sqft, 12% above what studios in Marina Diamond Tower 3 were fetching at the time (AED 1,457). Over the last 12 months studios sold for AED 768,923 to 790,000, around AED 1,724 per sqft, and rent for AED 47,355 to 70,000 a year. 1003's AED 60,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
29 Dec 2025790,000
22 Dec 2025768,923
11 Dec 2025786,990
29 May 2025750,000
3 studio sales in the last 12 months

Marina Diamond Tower 3

Building

203 apartments, studios to 2-bed over 14 floors in Dubai Marina, completed in 2007 by Diamond Developers. 5 sold in the last 12 months.

Typical price per sqft
AED 1,442
Typical sale
AED 790K
Typical rent
AED 71K /yr
Typical yield
8.0%
Marina Diamond Tower 3, Dubai Marina: prices, sales and rents →

Other units on the 10th floor

All 203 units in Marina Diamond Tower 3
Value
10012-bedAED 1.1M · Jan 2022
10022-bedAED 1.28M · Aug 2017
1004StudioAED 500K · Sep 2016
1005StudioAED 361K · Jul 2008
1006StudioAED 354K · Apr 2009
1007StudioAED 369K · Apr 2009
1008StudioAED 550K · Nov 2015
1–7 of 13

1003, Marina Diamond Tower 3 in numbers

  • Sold twice: first on 25 February 2013 for AED 355,255, last on 23 June 2016 for AED 700,000 (AED 1,631 per sqft).
  • Rented since March 2015 on 8 Ejari contracts. The rent fell from AED 65,000 to AED 32,000 in 2020 and recovered to AED 60,000 by February 2024.
  • At AED 60,000 a year the gross yield on the 2016 price is 8.6%, before a service charge of about AED 8,000 a year (AED 18.60 per sqft).
  • Studios in Marina Diamond Tower 3 sold for AED 768,923–790,000 in the 12 months to November 2026; the building's median across all types is AED 1,442 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 26 February 2024.

Questions about 1003, Marina Diamond Tower 3

What did unit 1003 last sell for?

AED 700,000 on 23 June 2016: AED 1,631 per sqft for 429 sqft. The unit has 2 registered sales; the first was AED 355,255 in February 2013.

What is the rent for unit 1003?

AED 60,000 a year on the contract signed on 26 February 2024. The previous contract, from October 2021, was AED 34,000; the unit has been rented since March 2015.

How big is unit 1003?

429 sqft (39.9 sqm): a studio on the 10th floor of a 14-storey tower completed in 2007.

What is unit 1003 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 3 sold for AED 768,923 to 790,000 in the last 12 months, around AED 1,724 per sqft.

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Mortgage on 1003, Marina Diamond Tower 3

Starts from the last sale price (AED 700K, 23 June 2016). Switch to today's estimate once you have unlocked it.
Price
AED 700,000
Deposit, UAE resident (20%)
AED 140,000
Deposit, non-resident (40%)
AED 280,000
Monthly over 25 years at 3.7%
AED 2,864

Plus AED 34,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →