Studio · 385 sqftMarina Diamond Tower 1, Dubai Marina · 7th floor · completed 2006

711, Marina Diamond Tower 1

Sold prices and rental history: sold twice, last in March 2021, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 711 · DLD and Ejari recordsUpdated 20 February 2026
Last soldAED 350K8 March 2021
Current rentAED 47K /yr20 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 711, Marina Diamond Tower 1

What is 711 worth today?

Last sold for AED 350,000 in 2021

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20 Feb 2026RentedRenewal
AED 47,250/yr12 months · AED 125 per sqft
20 Feb 2026RentedRenewal
AED 47,250/yr12 months · AED 122 per sqft
20 Feb 2025RentedRenewal
AED 45,000/yr12 months · AED 116 per sqft
20 Feb 2024RentedRenewal
AED 42,000/yr12 months · AED 108 per sqft
20 Feb 2023RentedRenewal
AED 37,000/yr12 months · AED 95 per sqft
20 Feb 2022RentedRenewal
AED 35,000/yr12 months · AED 90 per sqft
8 Mar 2021SoldReady
AED 350,000AED 909 per sqft
20 Feb 2021RentedNew contract
AED 33,000/yr12 months · AED 85 per sqft

Source: Dubai Land Department. Updated 20 February 2026.

Key facts

Type
Studio apartment
Size
385 sqft
Floor
7th of 14
Parking
165
Developer
Diamond Developers
Completed
2006
Service charge
AED 7,300 /yr
Last sold
AED 350K · March 2021

About 711, Marina Diamond Tower 1

711 is a studio of 385 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 8 March 2021 for AED 350,000, or AED 909 per sqft, 12% below the AED 1,032 studios in the building were fetching at the time.

It has been rented continuously since 2013 on 13 Ejari contracts. The current contract, renewed on 20 February 2026, is AED 47,250 a year: a gross yield of 13.5% on the 2021 price, before the service charge of about AED 7,300 a year.

Sales and rents for 711 over time

Sales
Unit 711, each saleTypical studio in Marina Diamond Tower 1
250K500K750K2008201320182023Typical 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 245,000 (AED 636 per sqft)Sold, March 2021: AED 350,000 (AED 909 per sqft)

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

Rents
Unit 711, 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, October 2013: AED 32,000 a yearNew contract, October 2014: AED 65,000 a yearNew contract, February 2018: AED 48,000 a yearNew contract, February 2019: AED 36,000 a yearRenewal, February 2020: AED 36,000 a yearNew contract, February 2021: AED 33,000 a yearRenewal, February 2021: AED 33,000 a yearRenewal, February 2022: AED 35,000 a yearRenewal, February 2023: AED 37,000 a yearRenewal, February 2024: AED 42,000 a yearRenewal, February 2025: AED 45,000 a yearRenewal, February 2026: AED 47,250 a yearRenewal, February 2026: AED 47,250 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 711 sits

All 84 studios →

711 last sold in March 2021 at AED 909 per sqft, 12% below what studios in Marina Diamond Tower 1 were fetching at the time (AED 1,032). 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. 711's AED 47,250 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

711, Marina Diamond Tower 1 in numbers

  • Sold twice: first on 5 June 2008 for AED 245,000, last on 8 March 2021 for AED 350,000 (AED 909 per sqft).
  • Rented since October 2013 on 13 Ejari contracts, from AED 32,000 to AED 47,250 a year.
  • At AED 47,250 a year the gross yield on the 2021 price is 13.5%, before a service charge of about AED 7,300 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 20 February 2026.

Questions about 711, Marina Diamond Tower 1

What did unit 711 last sell for?

AED 350,000 on 8 March 2021: AED 909 per sqft for 385 sqft. The unit has 2 registered sales; the first was AED 245,000 in June 2008.

What is the rent for unit 711?

AED 47,250 a year on the contract renewed on 20 February 2026. The previous contract, from February 2026, was AED 47,250; the unit has been rented since October 2013.

How big is unit 711?

385 sqft (35.8 sqm): a studio on the 7th floor of a 14-storey tower completed in 2006.

What is unit 711 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 711, Marina Diamond Tower 1

Starts from the last sale price (AED 350K, 8 March 2021). Switch to today's estimate once you have unlocked it.
Price
AED 350,000
Deposit, UAE resident (20%)
AED 70,000
Deposit, non-resident (40%)
AED 140,000
Monthly over 25 years at 3.7%
AED 1,432

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