2-bed · 505 sqftMarina Diamond Tower 3, Dubai Marina · 2nd floor · completed 2007

201, Marina Diamond Tower 3

Sold prices and rental history: sold twice, last in November 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 201 · DLD and Ejari recordsUpdated 25 January 2024
Last soldAED 450K17 November 2022
Current rentAED 86K /yr25 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 201, Marina Diamond Tower 3

What is 201 worth today?

Last sold for AED 450,000 in 2022

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25 Jan 2024RentedRenewal
AED 86,250/yr12 months · AED 85 per sqft
25 Jan 2023RentedRenewal
AED 75,000/yr12 months · AED 74 per sqft
17 Nov 2022SoldReady
AED 450,000AED 891 per sqft
25 Jan 2022RentedRenewal
AED 65,000/yr12 months · AED 64 per sqft
25 Jan 2021RentedNew contract
AED 60,000/yr12 months · AED 59 per sqft
11 Oct 2019RentedRenewal
AED 70,000/yr12 months · AED 69 per sqft
11 Oct 2018RentedRenewal
AED 80,000/yr12 months · AED 79 per sqft
11 Oct 2017RentedNew contract
AED 85,000/yr12 months · AED 84 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 25 January 2024.

Key facts

Type
2-bed apartment
Size
505 sqft
Floor
2nd of 14
Parking
25 B1
Developer
Diamond Developers
Completed
2007
Service charge
AED 9,400 /yr
Last sold
AED 450K · November 2022

About 201, Marina Diamond Tower 3

201 is a two-bedroom apartment of 505 sqft on the 2nd floor of Marina Diamond Tower 3, a 14-storey tower in Dubai Marina completed in 2007 by Diamond Developers. It last sold on 17 November 2022 for AED 450,000, or AED 891 per sqft.

It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, renewed on 25 January 2024, is AED 86,250 a year: a gross yield of 19.2% on the 2022 price, before the service charge of about AED 9,400 a year.

Sales and rents for 201 over time

Sales
Unit 201, each saleTypical two-bed in Marina Diamond Tower 3
500K1M20082012201620202024Typical sale price by year: 2008 AED 893,867; 2009 AED 892,518; 2011 AED 780,000; 2012 AED 866,704; 2013 AED 919,630; 2018 AED 1,075,000; 2023 AED 1,207,500Sold by developer, August 2008: AED 863,804 (AED 856 per sqft)Sold, November 2022: AED 450,000 (AED 891 per sqft)

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

Rents
Unit 201, each contractTypical two-bed in Marina Diamond Tower 3
75K100K2012201620202024Typical rent by year: 2012 AED 80,000; 2013 AED 90,000; 2014 AED 105,000; 2015 AED 115,000; 2016 AED 110,000; 2017 AED 90,000; 2018 AED 85,000; 2019 AED 71,500; 2020 AED 64,500; 2021 AED 60,000; 2022 AED 76,000; 2023 AED 90,000; 2024 AED 97,000; 2025 AED 100,000New contract, March 2013: AED 80,000 a yearNew contract, March 2014: AED 96,000 a yearNew contract, March 2015: AED 108,000 a yearRenewal, March 2016: AED 112,000 a yearNew contract, September 2016: AED 112,000 a yearNew contract, October 2017: AED 85,000 a yearRenewal, October 2018: AED 80,000 a yearRenewal, October 2019: AED 70,000 a yearNew contract, January 2021: AED 60,000 a yearRenewal, January 2022: AED 65,000 a yearRenewal, January 2023: AED 75,000 a yearRenewal, January 2024: AED 86,250 a year

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

2-beds in Marina Diamond Tower 3, and where 201 sits

All 27 2-beds →

201's AED 86,250 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
26 Jun 20251,450,000
26 Dec 20231,215,000
14 Dec 20231,300,000
6 Feb 2023990,000
0 2-bed 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 2nd floor

All 203 units in Marina Diamond Tower 3
Value
2022-bedAED 864K · Aug 2008
203StudioAED 550K · May 2019
204StudioAED 730K · Oct 2013
205StudioAED 435K · Aug 2008
206StudioAED 765K · Oct 2024
207StudioAED 383K · Feb 2009
208StudioAED 610K · Dec 2023
1–7 of 16

201, Marina Diamond Tower 3 in numbers

  • Sold twice: first on 28 August 2008 for AED 863,804, last on 17 November 2022 for AED 450,000 (AED 891 per sqft).
  • Rented since March 2013 on 12 Ejari contracts. The rent fell from AED 80,000 to AED 60,000 in 2021 and recovered to AED 86,250 by January 2024.
  • At AED 86,250 a year the gross yield on the 2022 price is 19.2%, before a service charge of about AED 9,400 a year (AED 18.60 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 25 January 2024.

Questions about 201, Marina Diamond Tower 3

What did unit 201 last sell for?

AED 450,000 on 17 November 2022: AED 891 per sqft for 505 sqft. The unit has 2 registered sales; the first was AED 863,804 in August 2008.

What is the rent for unit 201?

AED 86,250 a year on the contract renewed on 25 January 2024. The previous contract, from January 2023, was AED 75,000; the unit has been rented since March 2013.

How big is unit 201?

505 sqft (46.9 sqm): a two-bedroom apartment on the 2nd floor of a 14-storey tower completed in 2007.

What is unit 201 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 201, Marina Diamond Tower 3

Starts from the last sale price (AED 450K, 17 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 450,000
Deposit, UAE resident (20%)
AED 90,000
Deposit, non-resident (40%)
AED 180,000
Monthly over 25 years at 3.7%
AED 1,841

Plus AED 21,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →