712, Marina Diamond Tower 1
Sold prices and rental history: sold once, by the developer in October 2008, 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 712, Marina Diamond Tower 1
What is 712 worth today?
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Source: Dubai Land Department. Updated 1 June 2017.
Key facts
- Type
- Studio apartment
- Size
- 379 sqft
- Floor
- 7th of 14
- Parking
- 166
- Developer
- Diamond Developers
- Completed
- 2006
- Service charge
- AED 7,200 /yr
- Last sold
- AED 246K · October 2008
- Building
- Marina Diamond Tower 1
About 712, Marina Diamond Tower 1
712 is a studio of 379 sqft on the 7th floor of Marina Diamond Tower 1, a 14-storey tower in Dubai Marina completed in 2006 by Diamond Developers. The developer sold it on 7 October 2008 for AED 246,275, or AED 649 per sqft, 4% below the AED 673 studios in the building were fetching at the time.
It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, renewed on 1 June 2017, is AED 53,130 a year: a gross yield of 21.6% on the 2008 price, before the service charge of about AED 7,200 a year.
Sales and rents for 712 over time
712 has sold once; the dashed line is the studio median of each year in the building.
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 712 sits
All 84 studios →712 last sold in October 2008 at AED 649 per sqft, 4% below 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. 712's AED 53,130 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Aug 20264 August 2026 | 385 sqft | 775,000 | 2,012 | ||
| 15 Jul 202615 July 2026 | 374 sqft | 715,000 | 1,911 | ||
| 5 Jun 20265 June 2026 | 363 sqft | 672,000 | 1,851 | ||
| 9 Oct 20259 October 2025 | 374 sqft | 660,000 | 1,764 |
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 | |
| 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 | |
| 713 | Studio | 368 sqft | AED 375KAED 375,000 · Mar 2021March 2021 | 62,000 /yr |
712, Marina Diamond Tower 1 in numbers
- Sold once: by Diamond Developers on 7 October 2008 for AED 246,275, or AED 649 per sqft.
- Rented since April 2013 on 5 Ejari contracts, from AED 35,000 to AED 53,130 a year.
- At AED 53,130 a year the gross yield on the 2008 price is 21.6%, before a service charge of about AED 7,200 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 June 2017.
Questions about 712, Marina Diamond Tower 1
What did unit 712 last sell for?
AED 246,275 on 7 October 2008, sold by the developer: AED 649 per sqft for 379 sqft. It is the only registered sale of the unit.
What is the rent for unit 712?
AED 53,130 a year on the contract renewed on 1 June 2017. The previous contract, from June 2016, was AED 48,300; the unit has been rented since April 2013.
How big is unit 712?
379 sqft (35.2 sqm): a studio on the 7th floor of a 14-storey tower completed in 2006.
What is unit 712 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.
Selling 712? Put it on the OpenOffers board
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Mortgage on 712, Marina Diamond Tower 1
Starts from the last sale price (AED 246K, 7 October 2008). Switch to today's estimate once you have unlocked it.- Price
- AED 246,275
- Deposit, UAE resident (20%)
- AED 49,255
- Deposit, non-resident (40%)
- AED 98,510
- Monthly over 25 years at 3.7%
- AED 1,008
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →