1005, Marina Diamond Tower 3
Sold prices and rental history: sold once, by the developer in July 2008, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1005, Marina Diamond Tower 3
What is 1005 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 12 May 2024.
Key facts
- Type
- Studio apartment
- Size
- 427 sqft
- Floor
- 10th of 14
- Parking
- 41 B2
- Developer
- Diamond Developers
- Completed
- 2007
- Service charge
- AED 7,900 /yr
- Last sold
- AED 361K · July 2008
- Building
- Marina Diamond Tower 3
About 1005, Marina Diamond Tower 3
1005 is a studio of 427 sqft on the 10th floor of Marina Diamond Tower 3, a 14-storey tower in Dubai Marina completed in 2007 by Diamond Developers. The developer sold it on 10 July 2008 for AED 360,815, or AED 844 per sqft, 7% above the AED 791 studios in the building were fetching at the time.
It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, renewed on 12 May 2024, is AED 51,750 a year: a gross yield of 14.3% on the 2008 price, before the service charge of about AED 7,900 a year.
Sales and rents for 1005 over time
1005 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 3, and where 1005 sits
All 88 studios →1005 last sold in July 2008 at AED 844 per sqft, 7% above what studios in Marina Diamond Tower 3 were fetching at the time (AED 791). 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. 1005's AED 51,750 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 Dec 202529 December 2025 | 427 sqft | 790,000 | 1,850 | ||
| 22 Dec 202522 December 2025 | 446 sqft | 768,923 | 1,724 | ||
| 11 Dec 202511 December 2025 | 624 sqft | 786,990 | 1,261 | ||
| 29 May 202529 May 2025 | 429 sqft | 750,000 | 1,748 |
Marina Diamond Tower 3
Building203 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%
Other units on the 10th floor
All 203 units in Marina Diamond Tower 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1001 | 2-bed | 1,009 sqft | AED 1.1MAED 1,100,000 · Jan 2022January 2022 | 85,000 /yr | |
| 1002 | 2-bed | 1,009 sqft | AED 1.28MAED 1,275,000 · Aug 2017August 2017 | 113,850 /yr | |
| 1003 | Studio | 429 sqft | AED 700KAED 700,000 · Jun 2016June 2016 | 60,000 /yr | |
| 1004 | Studio | 446 sqft | AED 500KAED 500,000 · Sep 2016September 2016 | 58,000 /yr | |
| 1006 | Studio | 427 sqft | AED 354KAED 353,599 · Apr 2009April 2009 | 65,000 /yr | |
| 1007 | Studio | 446 sqft | AED 369KAED 369,333 · Apr 2009April 2009 | 47,355 /yr | |
| 1008 | Studio | 429 sqft | AED 550KAED 550,000 · Nov 2015November 2015 | 65,100 /yr | |
| 1009 | 1-bed | 683 sqft | AED 800KAED 800,000 · Jul 2013July 2013 | 20,000 /yr | |
| 1010 | 1-bed | 624 sqft | AED 900KAED 900,000 · Nov 2014November 2014 | 70,000 /yr | |
| 1011 | 1-bed | 683 sqft | AED 1.03MAED 1,030,000 · Jun 2008June 2008 | 75,000 /yr | |
| 1012 | 1-bed | 727 sqft | AED 531KAED 530,783 · Apr 2009April 2009 | 70,000 /yr | |
| 1013 | 1-bed | 737 sqft | AED 500KAED 500,000 · Mar 2011March 2011 | 47,000 /yr | |
| 1014 | 1-bed | 727 sqft | AED 525KAED 525,366 · Jan 2013January 2013 | 85,000 /yr |
1005, Marina Diamond Tower 3 in numbers
- Sold once: by Diamond Developers on 10 July 2008 for AED 360,815, or AED 844 per sqft.
- Rented since January 2016 on 5 Ejari contracts. The rent fell from AED 55,900 to AED 33,000 in 2021 and recovered to AED 51,750 by May 2024.
- At AED 51,750 a year the gross yield on the 2008 price is 14.3%, before a service charge of about AED 7,900 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 12 May 2024.
Questions about 1005, Marina Diamond Tower 3
What did unit 1005 last sell for?
AED 360,815 on 10 July 2008, sold by the developer: AED 844 per sqft for 427 sqft. It is the only registered sale of the unit.
What is the rent for unit 1005?
AED 51,750 a year on the contract renewed on 12 May 2024. The previous contract, from May 2022, was AED 39,000; the unit has been rented since January 2016.
How big is unit 1005?
427 sqft (39.7 sqm): a studio on the 10th floor of a 14-storey tower completed in 2007.
What is unit 1005 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 1005, Marina Diamond Tower 3
Starts from the last sale price (AED 361K, 10 July 2008). Switch to today's estimate once you have unlocked it.- Price
- AED 360,815
- Deposit, UAE resident (20%)
- AED 72,163
- Deposit, non-resident (40%)
- AED 144,326
- Monthly over 25 years at 3.7%
- AED 1,476
Plus AED 18,065 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →