508, Marina Diamond Tower 3
Sold prices and rental history: sold twice, last in March 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 508, Marina Diamond Tower 3
What is 508 worth today?
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Source: Dubai Land Department. Updated 1 August 2025.
Key facts
- Type
- Studio apartment
- Size
- 429 sqft
- Floor
- 5th of 14
- Parking
- 74 B2
- Developer
- Diamond Developers
- Completed
- 2007
- Service charge
- AED 8,000 /yr
- Last sold
- AED 248K · March 2022
- Building
- Marina Diamond Tower 3
About 508, Marina Diamond Tower 3
508 is a studio of 429 sqft on the 5th floor of Marina Diamond Tower 3, a 14-storey tower in Dubai Marina completed in 2007 by Diamond Developers. It last sold on 25 March 2022 for AED 247,500, or AED 576 per sqft, 38% below the AED 934 studios in the building were fetching at the time.
It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 1 August 2025, is AED 62,000 a year: a gross yield of 25.1% on the 2022 price, before the service charge of about AED 8,000 a year.
Sales and rents for 508 over time
508 has sold twice; 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 508 sits
All 88 studios →508 last sold in March 2022 at AED 576 per sqft, 38% below what studios in Marina Diamond Tower 3 were fetching at the time (AED 934). 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. 508's AED 62,000 is in the upper 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 5th floor
All 203 units in Marina Diamond Tower 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,009 sqft | AED 1.45MAED 1,450,000 · Jun 2025June 2025 | 73,000 /yr | |
| 502 | 2-bed | 1,009 sqft | AED 1.08MAED 1,075,000 · Jan 2018January 2018 | 115,000 /yr | |
| 503 | Studio | 429 sqft | AED 425KAED 425,000 · Aug 2022August 2022 | 57,000 /yr | |
| 504 | Studio | 446 sqft | AED 560KAED 560,000 · Jan 2023January 2023 | 68,000 /yr | |
| 505 | Studio | 427 sqft | AED 575KAED 575,000 · Nov 2023November 2023 | 63,000 /yr | |
| 506 | Studio | 427 sqft | AED 400KAED 400,000 · Dec 2011December 2011 | 49,000 /yr | |
| 507 | Studio | 446 sqft | AED 655KAED 655,000 · Nov 2024November 2024 | 50,400 /yr | |
| 509 | 1-bed | 683 sqft | AED 500KAED 500,000 · Nov 2009November 2009 | 75,000 /yr | |
| 510 | 1-bed | 624 sqft | AED 1.06MAED 1,060,000 · Jul 2014July 2014 | 65,000 /yr | |
| 511 | 1-bed | 683 sqft | AED 471KAED 470,647 · Aug 2008August 2008 | 75,000 /yr | |
| 512 | 1-bed | 727 sqft | AED 503KAED 502,502 · Dec 2011December 2011 | 75,000 /yr | |
| 513 | 1-bed | 737 sqft | AED 700KAED 700,000 · Mar 2023March 2023 | 60,000 /yr | |
| 514 | 1-bed | 727 sqft | AED 540KAED 540,000 · Jun 2021June 2021 | 46,000 /yr |
508, Marina Diamond Tower 3 in numbers
- Sold twice: first on 11 August 2008 for AED 337,709, last on 25 March 2022 for AED 247,500 (AED 576 per sqft).
- Rented since November 2013 on 10 Ejari contracts. The rent fell from AED 60,000 to AED 32,000 in 2020 and recovered to AED 62,000 by August 2025.
- At AED 62,000 a year the gross yield on the 2022 price is 25.1%, 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: Dubai Land Department. Updated 1 August 2025.
Questions about 508, Marina Diamond Tower 3
What did unit 508 last sell for?
AED 247,500 on 25 March 2022: AED 576 per sqft for 429 sqft. The unit has 2 registered sales; the first was AED 337,709 in August 2008.
What is the rent for unit 508?
AED 62,000 a year on the contract signed on 1 August 2025. The previous contract, from March 2025, was AED 62,000; the unit has been rented since November 2013.
How big is unit 508?
429 sqft (39.9 sqm): a studio on the 5th floor of a 14-storey tower completed in 2007.
What is unit 508 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 508, Marina Diamond Tower 3
Starts from the last sale price (AED 248K, 25 March 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 247,500
- Deposit, UAE resident (20%)
- AED 49,500
- Deposit, non-resident (40%)
- AED 99,000
- Monthly over 25 years at 3.7%
- AED 1,013
Plus AED 13,305 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →