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Studio · 500 sqftMarina Diamond Tower 3, Dubai Marina · 3rd floor · completed 2007

308, Marina Diamond Tower 3

Sold prices and rental history: sold once, by the developer in May 2010, and rented once, from June 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 308 · DLD and Ejari recordsUpdated 13 June 2013
Last soldAED 347K13 May 2010
Current rentAED 40K /yr13 June 2013
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 308, Marina Diamond Tower 3

What is 308 worth today?

Last sold for AED 347,490 in 2010

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13 Jun 2013RentedNew contract
AED 40,000/yr12 months · AED 81 per sqft
13 May 2010Sold by developerReady
AED 347,490AED 695 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 13 June 2013.

Key facts

Type
Studio apartment
Size
500 sqft
Floor
3rd of 14
Parking
84 B2
Developer
Diamond Developers
Completed
2007
Service charge
AED 9,300 /yr
Last sold
AED 347K · May 2010
Building
Marina Diamond Tower 3

About 308, Marina Diamond Tower 3

308 is a studio of 500 sqft on the 3rd floor of Marina Diamond Tower 3, a 14-storey tower in Dubai Marina completed in 2007 by Diamond Developers. The developer sold it on 13 May 2010 for AED 347,490, or AED 695 per sqft, 28% below the AED 964 studios in the building were fetching at the time.

One Ejari contract is registered, from 13 June 2013. The current contract, signed on 13 June 2013, is AED 40,000 a year: a gross yield of 11.5% on the 2010 price, before the service charge of about AED 9,300 a year.

Sales and rents for 308 over time

Sales
Unit 308, 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, May 2010: AED 347,490 (AED 695 per sqft)

308 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 308, 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, June 2013: AED 40,000 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 308 sits

All 88 studios →

308 last sold in May 2010 at AED 695 per sqft, 28% below what studios in Marina Diamond Tower 3 were fetching at the time (AED 964). 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. 308's AED 40,000 is at the bottom 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 3rd floor

All 203 units in Marina Diamond Tower 3
Value
3012-bedAED 850K · May 2021
3022-bedAED 945K · Nov 2012
303StudioAED 500K · Jan 2011
304StudioAED 332K · Aug 2010
305StudioAED 787K · Dec 2025
306StudioAED 465K · Jan 2021
307StudioAED 361K · Oct 2008
1–7 of 13

308, Marina Diamond Tower 3 in numbers

  • Sold once: by Diamond Developers on 13 May 2010 for AED 347,490, or AED 695 per sqft.
  • Rented since June 2013 on one Ejari contract, at AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2010 price is 11.5%, before a service charge of about AED 9,300 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 13 June 2013.

Questions about 308, Marina Diamond Tower 3

What did unit 308 last sell for?

AED 347,490 on 13 May 2010, sold by the developer: AED 695 per sqft for 500 sqft. It is the only registered sale of the unit.

What is the rent for unit 308?

AED 40,000 a year on the contract signed on 13 June 2013.

How big is unit 308?

500 sqft (46.5 sqm): a studio on the 3rd floor of a 14-storey tower completed in 2007.

What is unit 308 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 308, Marina Diamond Tower 3

Starts from the last sale price (AED 347K, 13 May 2010). Switch to today's estimate once you have unlocked it.
Price
AED 347,490
Deposit, UAE resident (20%)
AED 69,498
Deposit, non-resident (40%)
AED 138,996
Monthly over 25 years at 3.7%
AED 1,422

Plus AED 17,505 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →