707, Marina Diamond Tower 1
Sold prices and rental history: sold 4 times, last in August 2021, 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 707, Marina Diamond Tower 1
What is 707 worth today?
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Source: Dubai Land Department. Updated 1 November 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 983 sqft
- Floor
- 7th of 14
- Parking
- 36
- Developer
- Diamond Developers
- Completed
- 2006
- Service charge
- AED 18,600 /yr
- Last sold
- AED 788K · August 2021
- Building
- Marina Diamond Tower 1
About 707, Marina Diamond Tower 1
707 is a two-bedroom apartment of 983 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 2 August 2021 for AED 787,568, or AED 801 per sqft, in line with the AED 801 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 1 November 2024, is AED 90,000 a year: a gross yield of 11.4% on the 2021 price, before the service charge of about AED 18,600 a year.
Sales and rents for 707 over time
707 has sold 4 times; the dashed line is the two-bed median of each year in the building.
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 1, and where 707 sits
All 52 2-beds →707 last sold in August 2021 at AED 801 per sqft, in line with what two-beds in Marina Diamond Tower 1 were fetching at the time (AED 801). Over the last 12 months two-beds sold for AED 1,310,000, around AED 1,332 per sqft, and rent for AED 75,000 to 130,000 a year. 707's AED 90,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 14 May 202614 May 2026 | 983 sqft | 1,310,000 | 1,332 | ||
| 28 Jul 202528 July 2025 | 983 sqft | 1,285,000 | 1,307 | ||
| 15 Jan 202515 January 2025 | 983 sqft | 1,225,000 | 1,246 | ||
| 23 Dec 202423 December 2024 | 1,135 sqft | 1,220,000 | 1,074 |
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 | ||
| 705 | 1-bed | 789 sqft | AED 1MAED 1,000,000 · Mar 2024March 2024 | 58,000 /yr | |
| 706 | 2-bed | 983 sqft | AED 900KAED 900,000 · Oct 2018October 2018 | 80,000 /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 |
707, Marina Diamond Tower 1 in numbers
- Sold 4 times: first on 5 June 2008 for AED 605,000, last on 2 August 2021 for AED 787,568 (AED 801 per sqft).
- Rented since September 2013 on 6 Ejari contracts, from AED 66,000 to AED 90,000 a year.
- At AED 90,000 a year the gross yield on the 2021 price is 11.4%, before a service charge of about AED 18,600 a year (AED 18.89 per sqft).
- Two-beds in Marina Diamond Tower 1 sold for AED 1,310,000–1,310,000 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 1 November 2024.
Questions about 707, Marina Diamond Tower 1
What did unit 707 last sell for?
AED 787,568 on 2 August 2021: AED 801 per sqft for 983 sqft. The unit has 4 registered sales; the first was AED 605,000 in June 2008.
What is the rent for unit 707?
AED 90,000 a year on the contract renewed on 1 November 2024. The previous contract, from November 2023, was AED 90,000; the unit has been rented since September 2013.
How big is unit 707?
983 sqft (91.3 sqm): a two-bedroom apartment on the 7th floor of a 14-storey tower completed in 2006.
What is unit 707 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Marina Diamond Tower 1 sold for AED 1,310,000 to 1,310,000 in the last 12 months, around AED 1,332 per sqft.
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Mortgage on 707, Marina Diamond Tower 1
Starts from the last sale price (AED 788K, 2 August 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 787,568
- Deposit, UAE resident (20%)
- AED 157,514
- Deposit, non-resident (40%)
- AED 315,027
- Monthly over 25 years at 3.7%
- AED 3,222
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →