Studio · 419 sqftMarina Diamond Tower 3, Dubai Marina · 14th floor · completed 2007

1408, Marina Diamond Tower 3

Sold prices and rental history: sold 6 times, last in March 2025, and rented continuously since 2011. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1408 · DLD and Ejari recordsUpdated 5 March 2025
Last soldAED 700K5 March 2025
Current rentAED 49K /yr20 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1408, Marina Diamond Tower 3

What is 1408 worth today?

Last sold for AED 700,000 in 2025

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5 Mar 2025SoldReady
AED 700,000AED 1,670 per sqft
20 Jun 2024RentedRenewal
AED 49,000/yr12 months · AED 117 per sqft
20 Jun 2023RentedRenewal
AED 44,000/yr12 months · AED 105 per sqft
10 Jun 2021RentedNew contract
AED 31,000/yr12 months · AED 74 per sqft
5 Feb 2020RentedNew contract
AED 43,000/yr12 months · AED 102 per sqft
27 Sep 2017SoldReady
AED 705,000AED 1,682 per sqft
10 Apr 2016RentedNew contract
AED 57,000/yr12 months · AED 136 per sqft
22 Feb 2016SoldReady
AED 755,000AED 1,801 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 5 March 2025.

Key facts

Type
Studio apartment
Size
419 sqft
Floor
14th of 14
Parking
20 B2
Developer
Diamond Developers
Completed
2007
Service charge
AED 7,800 /yr
Last sold
AED 700K · March 2025

About 1408, Marina Diamond Tower 3

1408 is a studio of 419 sqft on the 14th floor of Marina Diamond Tower 3, a 14-storey tower in Dubai Marina completed in 2007 by Diamond Developers. It last sold on 5 March 2025 for AED 700,000, or AED 1,670 per sqft, 11% above the AED 1,502 studios in the building were fetching at the time.

It has been rented continuously since 2011 on 9 Ejari contracts. The current contract, renewed on 20 June 2024, is AED 49,000 a year: a gross yield of 7.0% on the 2025 price, before the service charge of about AED 7,800 a year.

Sales and rents for 1408 over time

Sales
Unit 1408, 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, July 2008: AED 344,313 (AED 821 per sqft)Sold, December 2012: AED 500,000 (AED 1,193 per sqft)Sold, December 2013: AED 660,000 (AED 1,575 per sqft)Sold, February 2016: AED 755,000 (AED 1,801 per sqft)Sold, September 2017: AED 705,000 (AED 1,682 per sqft)Sold, March 2025: AED 700,000 (AED 1,670 per sqft)

1408 has sold 6 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1408, 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, September 2011: AED 33,000 a yearRenewal, September 2012: AED 33,000 a yearRenewal, September 2013: AED 36,300 a yearNew contract, September 2014: AED 43,327 a yearNew contract, April 2016: AED 57,000 a yearNew contract, February 2020: AED 43,000 a yearNew contract, June 2021: AED 31,000 a yearRenewal, June 2023: AED 44,000 a yearRenewal, June 2024: AED 49,000 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 1408 sits

All 88 studios →

1408 last sold in March 2025 at AED 1,670 per sqft, 11% above what studios in Marina Diamond Tower 3 were fetching at the time (AED 1,502). 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. 1408's AED 49,000 is in the lower 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 14th floor

All 203 units in Marina Diamond Tower 3
Value
14012-bedAED 926K · Oct 2008
14022-bedAED 1.3M · Dec 2023
1403StudioAED 515K · May 2019
1404StudioAED 769K · Dec 2025
1405StudioAED 650K · Jan 2024
1406StudioAED 320K · Dec 2024
1407StudioAED 367K · Jul 2013
1–7 of 13

1408, Marina Diamond Tower 3 in numbers

  • Sold 6 times: first on 21 July 2008 for AED 344,313, last on 5 March 2025 for AED 700,000 (AED 1,670 per sqft).
  • Rented since September 2011 on 9 Ejari contracts, from AED 33,000 to AED 49,000 a year.
  • At AED 49,000 a year the gross yield on the 2025 price is 7.0%, before a service charge of about AED 7,800 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 5 March 2025.

Questions about 1408, Marina Diamond Tower 3

What did unit 1408 last sell for?

AED 700,000 on 5 March 2025: AED 1,670 per sqft for 419 sqft. The unit has 6 registered sales; the first was AED 344,313 in July 2008.

What is the rent for unit 1408?

AED 49,000 a year on the contract renewed on 20 June 2024. The previous contract, from June 2023, was AED 44,000; the unit has been rented since September 2011.

How big is unit 1408?

419 sqft (38.9 sqm): a studio on the 14th floor of a 14-storey tower completed in 2007.

What is unit 1408 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 1408, Marina Diamond Tower 3

Starts from the last sale price (AED 700K, 5 March 2025). 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 →