705, Marina Diamond Tower 1
Sold prices and rental history: sold 3 times, last in March 2024, 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 705, Marina Diamond Tower 1
What is 705 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 12 March 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 789 sqft
- Floor
- 7th of 14
- Parking
- 84
- Developer
- Diamond Developers
- Completed
- 2006
- Service charge
- AED 14,900 /yr
- Last sold
- AED 1M · March 2024
- Building
- Marina Diamond Tower 1
About 705, Marina Diamond Tower 1
705 is a one-bedroom apartment of 789 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 12 March 2024 for AED 1,000,000, or AED 1,267 per sqft, 18% above the AED 1,077 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 26 April 2023, is AED 58,000 a year: a gross yield of 5.8% on the 2024 price, before the service charge of about AED 14,900 a year.
Sales and rents for 705 over time
705 has sold 3 times; the dashed line is the one-bed median of each year in the building.
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 705 sits
All 47 1-beds →705 last sold in March 2024 at AED 1,267 per sqft, 18% above what one-beds in Marina Diamond Tower 1 were fetching at the time (AED 1,077). 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. 705's AED 58,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Oct 202627 October 2026 | 719 sqft | 780,000 | 1,084 | ||
| 14 Aug 202614 August 2026 | 719 sqft | 1,000,000 | 1,390 | ||
| 10 Jul 202610 July 2026 | 836 sqft | 1,200,000 | 1,435 | ||
| 26 Jun 202626 June 2026 | 719 sqft | 1,290,000 | 1,794 |
Marina Diamond Tower 1
Building183 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%
Other units on the 7th floor
All 183 units in Marina Diamond Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 2-bed | 983 sqft | AED 760KAED 760,000 · Oct 2012October 2012 | 72,000 /yr | |
| 702 | 2-bed | 983 sqft | AED 850KAED 850,000 · Feb 2010February 2010 | 71,000 /yr | |
| 703 | 1-bed | 719 sqft | AED 650KAED 650,000 · Jul 2022July 2022 | 57,500 /yr | |
| 704 | 1-bed | 836 sqft | AED 1MAED 1,000,000 · Apr 2015April 2015 | ||
| 706 | 2-bed | 983 sqft | AED 900KAED 900,000 · Oct 2018October 2018 | 80,000 /yr | |
| 707 | 2-bed | 983 sqft | AED 788KAED 787,568 · Aug 2021August 2021 | 90,000 /yr | |
| 708 | Studio | 363 sqft | AED 239KAED 238,967 · Feb 2014February 2014 | 45,000 /yr | |
| 709 | Studio | 374 sqft | AED 850KAED 850,000 · Oct 2008October 2008 | 48,000 /yr | |
| 710 | Studio | 385 sqft | AED 350KAED 350,000 · Mar 2021March 2021 | 50,000 /yr | |
| 711 | Studio | 385 sqft | AED 350KAED 350,000 · Mar 2021March 2021 | 47,250 /yr | |
| 712 | Studio | 379 sqft | AED 246KAED 246,275 · Oct 2008October 2008 | 53,130 /yr | |
| 713 | Studio | 368 sqft | AED 375KAED 375,000 · Mar 2021March 2021 | 62,000 /yr |
705, Marina Diamond Tower 1 in numbers
- Sold 3 times: first on 26 May 2008 for AED 630,500, last on 12 March 2024 for AED 1,000,000 (AED 1,267 per sqft).
- Rented since August 2013 on 10 Ejari contracts, from AED 73,000 to AED 58,000 a year.
- At AED 58,000 a year the gross yield on the 2024 price is 5.8%, before a service charge of about AED 14,900 a year (AED 18.89 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 12 March 2024.
Questions about 705, Marina Diamond Tower 1
What did unit 705 last sell for?
AED 1,000,000 on 12 March 2024: AED 1,267 per sqft for 789 sqft. The unit has 3 registered sales; the first was AED 630,500 in May 2008.
What is the rent for unit 705?
AED 58,000 a year on the contract renewed on 26 April 2023. The previous contract, from April 2022, was AED 55,000; the unit has been rented since August 2013.
How big is unit 705?
789 sqft (73.3 sqm): a one-bedroom apartment on the 7th floor of a 14-storey tower completed in 2006.
What is unit 705 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.
Selling 705? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 705, Marina Diamond Tower 1
Starts from the last sale price (AED 1M, 12 March 2024). 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 →