Studio · 401 sqftMarina Diamond Tower 2, Dubai Marina · 7th floor · completed 2007

702, Marina Diamond Tower 2

Sold prices and rental history: sold once, by the developer in June 2008, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 702 · DLD and Ejari recordsUpdated 10 August 2026
Last soldAED 269K16 June 2008
Current rentAED 52K /yr10 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 702, Marina Diamond Tower 2

What is 702 worth today?

Last sold for AED 268,878 in 2008

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10 Aug 2026RentedRenewal
AED 51,975/yr12 months · AED 130 per sqft
10 Aug 2025RentedRenewal
AED 51,975/yr12 months · AED 130 per sqft
10 Aug 2024RentedRenewal
AED 49,500/yr12 months · AED 123 per sqft
10 Aug 2023RentedNew contract
AED 45,000/yr12 months · AED 112 per sqft
15 Jun 2022RentedNew contract
AED 37,000/yr12 months · AED 92 per sqft
3 Jun 2021RentedNew contract
AED 30,000/yr12 months · AED 75 per sqft
10 Jan 2021RentedNew contract
AED 32,000/yr12 months · AED 80 per sqft
15 Dec 2019RentedNew contract
AED 38,000/yr12 months · AED 95 per sqft

Source: Dubai Land Department. Updated 10 August 2026.

Key facts

Type
Studio apartment
Size
401 sqft
Floor
7th of 15
Parking
41 G.F
Developer
Diamond Developers
Completed
2007
Service charge
AED 7,300 /yr
Last sold
AED 269K · June 2008

About 702, Marina Diamond Tower 2

702 is a studio of 401 sqft on the 7th floor of Marina Diamond Tower 2, a 15-storey tower in Dubai Marina completed in 2007 by Diamond Developers. The developer sold it on 16 June 2008 for AED 268,878, or AED 670 per sqft, 12% below the AED 760 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 10 August 2026, is AED 51,975 a year: a gross yield of 19.3% on the 2008 price, before the service charge of about AED 7,300 a year.

Sales and rents for 702 over time

Sales
Unit 702, each saleTypical studio in Marina Diamond Tower 2
200K400K600K2008201320182023Typical sale price by year: 2008 AED 324,119; 2009 AED 379,328; 2010 AED 401,035; 2011 AED 336,000; 2012 AED 430,000; 2013 AED 520,000; 2014 AED 675,000; 2015 AED 682,500; 2017 AED 650,000; 2018 AED 530,000; 2019 AED 482,500; 2021 AED 390,000; 2022 AED 490,000; 2023 AED 535,000; 2024 AED 650,000; 2025 AED 700,000; 2026 AED 650,000Sold by developer, June 2008: AED 268,878 (AED 670 per sqft)

702 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 702, each contractTypical studio in Marina Diamond Tower 2
40K60K2012201620202024Typical rent by year: 2012 AED 41,000; 2013 AED 50,000; 2014 AED 62,000; 2015 AED 63,000; 2016 AED 60,000; 2017 AED 55,000; 2018 AED 48,000; 2019 AED 42,000; 2020 AED 31,000; 2021 AED 31,625; 2022 AED 38,000; 2023 AED 45,540; 2024 AED 55,000; 2025 AED 56,000; 2026 AED 54,000New contract, November 2013: AED 55,000 a yearNew contract, November 2014: AED 64,000 a yearNew contract, April 2016: AED 62,000 a yearNew contract, May 2017: AED 56,000 a yearNew contract, July 2019: AED 38,000 a yearNew contract, December 2019: AED 38,000 a yearNew contract, January 2021: AED 32,000 a yearNew contract, June 2021: AED 30,000 a yearNew contract, June 2022: AED 37,000 a yearNew contract, August 2023: AED 45,000 a yearRenewal, August 2024: AED 49,500 a yearRenewal, August 2025: AED 51,975 a yearRenewal, August 2026: AED 51,975 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 2, and where 702 sits

All 87 studios →

702 last sold in June 2008 at AED 670 per sqft, 12% below what studios in Marina Diamond Tower 2 were fetching at the time (AED 760). Over the last 12 months studios sold for AED 650,000 to 700,000, around AED 1,621 per sqft, and rent for AED 44,000 to 70,000 a year. 702's AED 51,975 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
6 Oct 2026650,000
11 Mar 2026700,000
6 Jan 2026650,000
30 Jul 2025700,000
3 studio sales in the last 12 months

Marina Diamond Tower 2

Building

276 apartments, studios to 2-bed over 15 floors in Dubai Marina, completed in 2007 by Diamond Developers. 13 sold in the last 12 months.

Typical price per sqft
AED 1,553 Up 9.6%
Typical sale
AED 853K
Typical rent
AED 64K /yr
Typical yield
7.3%
Marina Diamond Tower 2, Dubai Marina: prices, sales and rents →

Other units on the 7th floor

All 276 units in Marina Diamond Tower 2
Value
7012-bedAED 1.26M · Sep 2025
7032-bedAED 1.2M · Mar 2017
7041-bedAED 446K · Jul 2008
705StudioAED 370K · Jan 2020
7061-bedAED 775K · Feb 2016
7071-bedAED 875K · Oct 2024
708StudioAED 690K · Jun 2014
1–7 of 17

702, Marina Diamond Tower 2 in numbers

  • Sold once: by Diamond Developers on 16 June 2008 for AED 268,878, or AED 670 per sqft.
  • Rented since November 2013 on 13 Ejari contracts. The rent fell from AED 55,000 to AED 30,000 in 2021 and recovered to AED 51,975 by August 2026.
  • At AED 51,975 a year the gross yield on the 2008 price is 19.3%, before a service charge of about AED 7,300 a year (AED 18.33 per sqft).
  • Studios in Marina Diamond Tower 2 sold for AED 650,000–700,000 in the 12 months to November 2026; the building's median across all types is AED 1,553 per sqft.

Source: Dubai Land Department. Updated 10 August 2026.

Questions about 702, Marina Diamond Tower 2

What did unit 702 last sell for?

AED 268,878 on 16 June 2008, sold by the developer: AED 670 per sqft for 401 sqft. It is the only registered sale of the unit.

What is the rent for unit 702?

AED 51,975 a year on the contract renewed on 10 August 2026. The previous contract, from August 2025, was AED 51,975; the unit has been rented since November 2013.

How big is unit 702?

401 sqft (37.3 sqm): a studio on the 7th floor of a 15-storey tower completed in 2007.

What is unit 702 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 2 sold for AED 650,000 to 700,000 in the last 12 months, around AED 1,621 per sqft.

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Mortgage on 702, Marina Diamond Tower 2

Starts from the last sale price (AED 269K, 16 June 2008). Switch to today's estimate once you have unlocked it.
Price
AED 268,878
Deposit, UAE resident (20%)
AED 53,776
Deposit, non-resident (40%)
AED 107,551
Monthly over 25 years at 3.7%
AED 1,100

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