Studio · 374 sqftMarina Diamond Tower 1, Dubai Marina · 7th floor · completed 2006

709, Marina Diamond Tower 1

Sold prices and rental history: sold twice, last in October 2008, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 709 · DLD and Ejari recordsUpdated 1 October 2026
Last soldAED 850K16 October 2008
Current rentAED 48K /yr1 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 709, Marina Diamond Tower 1

What is 709 worth today?

Last sold for AED 850,000 in 2008

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1 Oct 2026RentedNew contract
AED 48,000/yr12 months · AED 128 per sqft
1 Jul 2026RentedNew contract
AED 45,000/yr12 months · AED 120 per sqft
1 Nov 2025RentedNew contract
AED 63,000/yr12 months · AED 168 per sqft
25 Oct 2024RentedNew contract
AED 63,000/yr12 months · AED 168 per sqft
25 Sep 2023RentedRenewal
AED 45,000/yr12 months · AED 119 per sqft
25 Sep 2022RentedNew contract
AED 42,000/yr12 months · AED 111 per sqft
15 Sep 2021RentedRenewal
AED 30,000/yr12 months · AED 80 per sqft
15 Sep 2020RentedNew contract
AED 28,000/yr12 months · AED 74 per sqft

Source: Dubai Land Department. Updated 1 October 2026.

Key facts

Type
Studio apartment
Size
374 sqft
Floor
7th of 14
Parking
163
Developer
Diamond Developers
Completed
2006
Service charge
AED 7,100 /yr
Last sold
AED 850K · October 2008

About 709, Marina Diamond Tower 1

709 is a studio of 374 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 16 October 2008 for AED 850,000, or AED 2,272 per sqft, 238% above the AED 673 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 11 Ejari contracts. The current contract, signed on 1 October 2026, is AED 48,000 a year: a gross yield of 5.7% on the 2008 price, before the service charge of about AED 7,100 a year.

Sales and rents for 709 over time

Sales
Unit 709, each saleTypical studio in Marina Diamond Tower 1
500K2008201320182023Typical sale price by year: 2008 AED 258,616; 2009 AED 341,950; 2010 AED 280,000; 2011 AED 290,000; 2012 AED 388,000; 2013 AED 505,000; 2014 AED 600,000; 2015 AED 445,000; 2016 AED 600,000; 2017 AED 650,000; 2018 AED 537,500; 2019 AED 475,000; 2020 AED 395,000; 2021 AED 377,500; 2022 AED 435,000; 2023 AED 530,000; 2024 AED 659,500; 2025 AED 707,500; 2026 AED 715,000Sold by developer, June 2008: AED 236,000 (AED 630 per sqft)Sold, October 2008: AED 850,000 (AED 2,272 per sqft)

709 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 709, each contractTypical studio in Marina Diamond Tower 1
40K60K2012201620202024Typical rent by year: 2012 AED 39,500; 2013 AED 45,000; 2014 AED 55,000; 2015 AED 60,000; 2016 AED 60,000; 2017 AED 55,000; 2018 AED 47,500; 2019 AED 40,000; 2020 AED 31,000; 2021 AED 30,000; 2022 AED 38,000; 2023 AED 45,000; 2024 AED 55,000; 2025 AED 57,000; 2026 AED 50,080New contract, February 2018: AED 54,000 a yearRenewal, February 2019: AED 52,000 a yearRenewal, February 2020: AED 48,000 a yearNew contract, September 2020: AED 28,000 a yearRenewal, September 2021: AED 30,000 a yearNew contract, September 2022: AED 42,000 a yearRenewal, September 2023: AED 45,000 a yearNew contract, October 2024: AED 63,000 a yearNew contract, November 2025: AED 63,000 a yearNew contract, July 2026: AED 45,000 a yearNew contract, October 2026: AED 48,000 a year

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

Studios in Marina Diamond Tower 1, and where 709 sits

All 84 studios →

709 last sold in October 2008 at AED 2,272 per sqft, 238% above what studios in Marina Diamond Tower 1 were fetching at the time (AED 673). Over the last 12 months studios sold for AED 672,000 to 775,000, around AED 1,911 per sqft, and rent for AED 26,000 to 75,000 a year. 709's AED 48,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
4 Aug 2026775,000
15 Jul 2026715,000
5 Jun 2026672,000
9 Oct 2025660,000
3 studio 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
7041-bedAED 1M · Apr 2015
7051-bedAED 1M · Mar 2024
7062-bedAED 900K · Oct 2018
7072-bedAED 788K · Aug 2021
1–7 of 12

709, Marina Diamond Tower 1 in numbers

  • Sold twice: first on 9 June 2008 for AED 236,000, last on 16 October 2008 for AED 850,000 (AED 2,272 per sqft).
  • Rented since February 2018 on 11 Ejari contracts. The rent fell from AED 54,000 to AED 28,000 in 2020 and recovered to AED 48,000 by October 2026.
  • At AED 48,000 a year the gross yield on the 2008 price is 5.7%, before a service charge of about AED 7,100 a year (AED 18.89 per sqft).
  • Studios in Marina Diamond Tower 1 sold for AED 672,000–775,000 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 October 2026.

Questions about 709, Marina Diamond Tower 1

What did unit 709 last sell for?

AED 850,000 on 16 October 2008: AED 2,272 per sqft for 374 sqft. The unit has 2 registered sales; the first was AED 236,000 in June 2008.

What is the rent for unit 709?

AED 48,000 a year on the contract signed on 1 October 2026. The previous contract, from July 2026, was AED 45,000; the unit has been rented since February 2018.

How big is unit 709?

374 sqft (34.7 sqm): a studio on the 7th floor of a 14-storey tower completed in 2006.

What is unit 709 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 1 sold for AED 672,000 to 775,000 in the last 12 months, around AED 1,911 per sqft.

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Mortgage on 709, Marina Diamond Tower 1

Starts from the last sale price (AED 850K, 16 October 2008). Switch to today's estimate once you have unlocked it.
Price
AED 850,000
Deposit, UAE resident (20%)
AED 170,000
Deposit, non-resident (40%)
AED 340,000
Monthly over 25 years at 3.7%
AED 3,478

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