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1-bed · 836 sqftMarina Diamond Tower 1, Dubai Marina · 7th floor · completed 2006

704, Marina Diamond Tower 1

Sold prices and rental history: sold twice, last in April 2015, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 704 · DLD and Ejari recordsUpdated 6 April 2015
Last soldAED 1M6 April 2015
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 704, Marina Diamond Tower 1

What is 704 worth today?

Last sold for AED 1,000,000 in 2015

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6 Apr 2015SoldReady
AED 1,000,000AED 1,196 per sqft
13 Jul 2008Sold by developerReady
AED 492,446AED 589 per sqft

Source: Dubai Land Department. Updated 6 April 2015.

Key facts

Type
1-bed apartment
Size
836 sqft
Floor
7th of 14
Parking
83
Developer
Diamond Developers
Completed
2006
Service charge
AED 15,800 /yr
Last sold
AED 1M · April 2015
Building
Marina Diamond Tower 1

About 704, Marina Diamond Tower 1

704 is a one-bedroom apartment of 836 sqft on the 7th floor of Marina Diamond Tower 1, a 14-storey tower in Dubai Marina completed in 2006 by Diamond Developers. It last sold on 6 April 2015 for AED 1,000,000, or AED 1,196 per sqft, 14% below the AED 1,397 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 704 over time

Sales
Unit 704, each saleTypical one-bed in Marina Diamond Tower 1
500K750K1M2008201320182023Typical sale price by year: 2008 AED 490,509; 2009 AED 612,138; 2011 AED 510,000; 2012 AED 581,504; 2013 AED 612,400; 2014 AED 780,000; 2015 AED 990,000; 2019 AED 615,000; 2021 AED 530,000; 2022 AED 654,000; 2023 AED 700,000; 2024 AED 970,000; 2025 AED 1,000,000; 2026 AED 1,020,000Sold by developer, July 2008: AED 492,446 (AED 589 per sqft)Sold, April 2015: AED 1,000,000 (AED 1,196 per sqft)

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

Rents
Unit 704, each contractTypical one-bed in Marina Diamond Tower 1
40K60K80K2013201720212025Typical rent by year: 2013 AED 65,728; 2014 AED 81,000; 2015 AED 80,000; 2016 AED 76,500; 2017 AED 75,000; 2018 AED 64,000; 2019 AED 59,000; 2020 AED 48,000; 2021 AED 44,500; 2022 AED 55,000; 2023 AED 60,720; 2024 AED 72,308; 2025 AED 80,000; 2026 AED 71,000

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

1-beds in Marina Diamond Tower 1, and where 704 sits

All 47 1-beds →

704 last sold in April 2015 at AED 1,196 per sqft, 14% below what one-beds in Marina Diamond Tower 1 were fetching at the time (AED 1,397). Over the last 12 months one-beds sold for AED 780,000 to 1,290,000, around AED 1,383 per sqft, and rent for AED 50,000 to 100,000 a year.

Recent 1-bed salesUnit no.Price (AED)Summary
27 Oct 2026780,000
14 Aug 20261,000,000
10 Jul 20261,200,000
26 Jun 20261,290,000
6 1-bed sales in the last 12 months

Marina Diamond Tower 1

Building

183 apartments, studios to 2-bed over 14 floors in Dubai Marina, completed in 2006 by Diamond Developers. 10 sold in the last 12 months.

Typical price per sqft
AED 1,413 Down 9.1%
Typical sale
AED 995K
Typical rent
AED 58K /yr
Typical yield
9.1%
Marina Diamond Tower 1, Dubai Marina: prices, sales and rents →

Other units on the 7th floor

All 183 units in Marina Diamond Tower 1
Value
7012-bedAED 760K · Oct 2012
7022-bedAED 850K · Feb 2010
7031-bedAED 650K · Jul 2022
7051-bedAED 1M · Mar 2024
7062-bedAED 900K · Oct 2018
7072-bedAED 788K · Aug 2021
708StudioAED 239K · Feb 2014
1–7 of 12

704, Marina Diamond Tower 1 in numbers

  • Sold twice: first on 13 July 2008 for AED 492,446, last on 6 April 2015 for AED 1,000,000 (AED 1,196 per sqft).
  • One-beds in Marina Diamond Tower 1 sold for AED 780,000–1,290,000 in the 12 months to November 2026; the building's median across all types is AED 1,413 per sqft.

Source: Dubai Land Department. Updated 6 April 2015.

Questions about 704, Marina Diamond Tower 1

What did unit 704 last sell for?

AED 1,000,000 on 6 April 2015: AED 1,196 per sqft for 836 sqft. The unit has 2 registered sales; the first was AED 492,446 in July 2008.

How big is unit 704?

836 sqft (77.7 sqm): a one-bedroom apartment on the 7th floor of a 14-storey tower completed in 2006.

What is unit 704 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Marina Diamond Tower 1 sold for AED 780,000 to 1,290,000 in the last 12 months, around AED 1,383 per sqft.

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Mortgage on 704, Marina Diamond Tower 1

Starts from the last sale price (AED 1M, 6 April 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →