2-bed · 1,009 sqftMarina Diamond Tower 3, Dubai Marina · 6th floor · completed 2007

602, Marina Diamond Tower 3

Sold prices and rental history: sold once, by the developer in July 2008, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 602 · DLD and Ejari recordsUpdated 2 September 2024
Last soldAED 861K21 July 2008
Current rentAED 120K /yr2 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 602, Marina Diamond Tower 3

What is 602 worth today?

Last sold for AED 861,282 in 2008

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2 Sep 2024RentedNew contract
AED 120,000/yr12 months · AED 119 per sqft
15 Jan 2019RentedNew contract
AED 70,000/yr12 months · AED 69 per sqft
8 Dec 2017RentedNew contract
AED 90,000/yr12 months · AED 89 per sqft
10 Aug 2016RentedNew contract
AED 110,000/yr12 months · AED 109 per sqft
27 Jun 2015RentedNew contract
AED 110,000/yr12 months · AED 109 per sqft
17 Dec 2014RentedNew contract
AED 96,000/yr12 months · AED 95 per sqft
17 Dec 2013RentedNew contract
AED 80,000/yr12 months · AED 79 per sqft
21 Jul 2008Sold by developerReady
AED 861,282AED 853 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 2 September 2024.

Key facts

Type
2-bed apartment
Size
1,009 sqft
Floor
6th of 14
Parking
18 B1
Developer
Diamond Developers
Completed
2007
Service charge
AED 18,800 /yr
Last sold
AED 861K · July 2008

About 602, Marina Diamond Tower 3

602 is a two-bedroom apartment of 1,009 sqft on the 6th floor of Marina Diamond Tower 3, a 14-storey tower in Dubai Marina completed in 2007 by Diamond Developers. The developer sold it on 21 July 2008 for AED 861,282, or AED 853 per sqft, 3% below the AED 883 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 2 September 2024, is AED 120,000 a year: a gross yield of 13.9% on the 2008 price, before the service charge of about AED 18,800 a year.

Sales and rents for 602 over time

Sales
Unit 602, each saleTypical two-bed in Marina Diamond Tower 3
800K1M1.2M20082012201620202024Typical 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, July 2008: AED 861,282 (AED 853 per sqft)

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

Rents
Unit 602, each contractTypical two-bed in Marina Diamond Tower 3
50K100K2012201620202024Typical 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, December 2013: AED 80,000 a yearNew contract, December 2014: AED 96,000 a yearNew contract, June 2015: AED 110,000 a yearNew contract, August 2016: AED 110,000 a yearNew contract, December 2017: AED 90,000 a yearNew contract, January 2019: AED 70,000 a yearNew contract, September 2024: AED 120,000 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 602 sits

All 27 2-beds →

602 last sold in July 2008 at AED 853 per sqft, 3% below what two-beds in Marina Diamond Tower 3 were fetching at the time (AED 883). 602's AED 120,000 is at the top 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 6th floor

All 203 units in Marina Diamond Tower 3
Value
6012-bedAED 1.33M · Nov 2016
603StudioAED 700K · Sep 2024
604StudioAED 368K · Nov 2012
605StudioAED 790K · Dec 2025
606AED 765K · Nov 2025
607AED 595K · Nov 2018
608StudioAED 340K · Jul 2008
1–7 of 13

602, Marina Diamond Tower 3 in numbers

  • Sold once: by Diamond Developers on 21 July 2008 for AED 861,282, or AED 853 per sqft.
  • Rented since December 2013 on 7 Ejari contracts. The rent fell from AED 80,000 to AED 70,000 in 2019 and recovered to AED 120,000 by September 2024.
  • At AED 120,000 a year the gross yield on the 2008 price is 13.9%, before a service charge of about AED 18,800 a year (AED 18.60 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 2 September 2024.

Questions about 602, Marina Diamond Tower 3

What did unit 602 last sell for?

AED 861,282 on 21 July 2008, sold by the developer: AED 853 per sqft for 1,009 sqft. It is the only registered sale of the unit.

What is the rent for unit 602?

AED 120,000 a year on the contract signed on 2 September 2024. The previous contract, from January 2019, was AED 70,000; the unit has been rented since December 2013.

How big is unit 602?

1,009 sqft (93.7 sqm): a two-bedroom apartment on the 6th floor of a 14-storey tower completed in 2007.

What is unit 602 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 602, Marina Diamond Tower 3

Starts from the last sale price (AED 861K, 21 July 2008). Switch to today's estimate once you have unlocked it.
Price
AED 861,282
Deposit, UAE resident (20%)
AED 172,256
Deposit, non-resident (40%)
AED 344,513
Monthly over 25 years at 3.7%
AED 3,524

Plus AED 41,184 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →